S&P 500 inclusion, for any stock, is more than just a symbolic milestone – it’s a catalyst for capital inflows, institutional recognition, and often, a sharp rally in share price.When a company is added to the benchmark index, passive investment funds that track S&P 500 are required to buy its…
Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US products. These goods include a range of items, from Boeing aircraft and bourbon whiskey to automobiles, according to a Reuters report.US President Donald Trump has proposed a 30% tariff…
Startup funding in the United States soared 75.6% in the first half of 2025, reaching $162.8 billion, according to a new report from PitchBook released Tuesday. It marks the strongest six-month performance since the first half of 2021 — the height of venture capital activity under the Zero Interest Rate…
Digital assets traded in the red on Tuesday as Bitcoin corrected from yesterday’s ATHs near $123,000 to press time’s $117,430.While most altcoins display substantial bearishness, Yesnoerror’s YNE decoupled with massive gains. It has surged over 80% over the past 24 hours, driven by AI-related ecosystem developments.Yesnoerror creator Matt Schlicht has…
Nio stock price has staged a strong rebound this month, helped by the soaring orders for its upcoming brand. Its shares jumped to a high of $4.16 on Tuesday, its highest point since April 29, and 42% above the lowest level this year. Onvo L90 SUV pre-sales startNio share price has…
Yes Bank’s share price jumped 3% on Tuesday after a Bloomberg report indicated that the Sumitomo Mitsui Financial Group (SMFG) is considering an additional investment of $1.1 billion in the bank.The report came two months after the SMFG purchased a 20% stake in Yes Bank, signalling it’s deepening commitment to India’s fast-growing…
Asian equities advanced broadly on Tuesday, buoyed by stronger-than-expected Chinese economic data and positive sentiment around US chip exports to China, even as investors largely looked past renewed tariff threats from US President Donald Trump.China’s GDP tops estimatesData released by the National Bureau of Statistics showed that China’s economy grew…
S&P 500 inclusion, for any stock, is more than just a symbolic milestone – it’s a catalyst for capital inflows, institutional recognition, and often, a sharp rally in share price.When a company is added to the benchmark index, passive investment funds that track S&P 500 are required to buy its…
Dow Futures were slightly in the red early Tuesday as traders stayed on the sidelines ahead of US inflation numbers and the first wave of quarterly results from major banks. There’s a fair amount of nervous energy in the market, with fresh concerns about tariffs resurfacing and adding to the…
Wells Fargo’s Q2 results turned in a decent set of numbers, offering some reassurance that it’s managing to stay steady despite ongoing stress in the banking sector.The bank reported $5.5 billion in net income, or $1.60 per share. Not a blowout quarter, but solid, especially given the current rate environment,…