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October 8, 2025 Economy by ORANEC

Does ServiceNow’s 14% Slide in 2024 Signal a Shift in Market Expectations?

If you’re eyeing ServiceNow and wondering whether it deserves a spot in your portfolio, you’re not alone. It’s always a little nerve-wracking deciding what to do with a stock that’s made headlines for both dizzying gains and recent pullbacks. Over the past three years, ServiceNow has delivered impressive growth, with shares up a substantial 143.5%. Long-term holders have certainly enjoyed the ride. However, if you zoom in to the past year, returns have flattened out at -1.9%. Even in 2024 so far, the stock is down 14.2%, suggesting a shift in how investors are pricing in its growth versus its …

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October 8, 2025 Economy by ORANEC

Is There an Opportunity in Ørsted After the Recent 40% Share Price Drop?

If you have ever stared at your portfolio and wondered what to do about Ørsted, you are definitely not alone. After all, watching the stock fall by a jaw-dropping 40.7% in just the past month is the kind of headline move that gets even seasoned investors talking. To make things more interesting, the stock rebounded 6.8% in the last week alone, reminding everyone that markets move both ways and that investor sentiment can turn, sometimes quickly, on a dime.To set the stage, let’s zoom out for a moment. Year-to-date, Ørsted is down nearly 64% and, over five years, the stock is off almost 78%. Th…

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October 8, 2025 Economy by ORANEC

Optimists buy tech, pessimists buy gold, says Macquarie

Investing.com — Macquarie analysts said that the current market dynamic reflects a widening divide between optimism about artificial intelligence and caution over global political and economic risks.In their latest Market Pulse note, the firm wrote, “Optimists buy tech, pessimists buy gold, hedgers buy both.”Macquarie described the parallel rallies in AI-driven equities and gold ( GC=F ) as “paradoxical,” noting that “a hope-based AI-tech rally [is taking place] simultaneously with a rally in gold.”The firm said that “gold’s rally is the collective ‘hedge’ against the prospective failure of th…

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October 7, 2025 Economy by ORANEC

India to Roll Out RBI-Linked Digital Currency Amid Dismissal of Crypto With 'No Backing'

India will introduce a digital currency backed by the Reserve Bank of India as part of a broader strategy to discourage private cryptocurrencies lacking sovereign or asset backing, Union Minister of Commerce and Industry Piyush Goyal announced on Monday.The "RBI-guaranteed" digital currency aims to simplify transactions, reduce paper consumption, and enable faster, traceable payments compared to traditional banking systems, Goyal said during discussions in Doha on Monday, according to an ANI report .The minister clarified that while India hasn't imposed an outright ban on crypto without centra…

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October 7, 2025 Economy by ORANEC

Jim Ratcliffe’s chemical plant blames net zero for dozens of job cuts

Sir Jim Ratcliffe’s Ineos has cut a fifth of jobs at its Hull chemical plant, blaming net zero and competition from coal-fuelled Chinese imports.Some 60 roles are being axed at the Ineos Acetyls factory in Hull, which is Europe’s largest producer of acetic acid, acetic anhydride and ethyl acetate. These are vital raw materials for a multitude of products including food preservatives, medicines, paints and detergents.Ineos warned that rising energy costs linked to green levies and competition from Chinese companies that face no such taxes were making the plant uneconomic.Two other plants in Ger…

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October 7, 2025 Economy by ORANEC

House prices across Europe: Which countries have the highest increases?

House prices in the EU continued to rise in the second quarter of 2025, marking the seventh consecutive year-over-year increase.Nominally, prices increased in all EU countries except Finland, while costs also rose in 21 out of 26 countries when adjusted for inflation.The data shows that while many Europeans are still struggling to get on the housing ladder, affordability concerns are not yet pushing prices down in many areas.But which countries have seen the strongest increases over the past year? And how do these trends compare to long-term changes?According to Eurostat, house prices in the E…

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