Asian markets started the week with a more careful tone as investors moved from macro relief to earnings scrutiny.Lower oil prices have eased one of the biggest inflation worries, while softer US payrolls have reduced the pressure for an immediate Federal Reserve rate hike.That should normally help risk assets. Instead,…
Shares of easyJet jumped about 10% on Monday to a four-year high after the airline agreed in principle to accept a £5.5 billion ($7.3 billion) takeover offer from US investment firm Castlelake, potentially paving the way for one of the biggest deals in the European aviation sector this year.The budget…
Nvidia stock (NASDAQ: NVDA) remained in focus on Monday after a SemiAnalysis report revealed that its next-generation Kyber NVL144 rack-scale architecture has reportedly been delayed by more than 12 months. The research firm said that the product is now expected to launch in 2028 instead of its previously anticipated 2027…
The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than a year after first trying to buy Infowars, The Onion on Thursday will debut a send-up under its own website with plans to give some…
Europe’s major stock markets ended higher on Friday, with the pan-European STOXX 600 and Germany’s DAX reaching fresh record highs as investors welcomed easing expectations for near-term US interest rate hikes and rotated into cyclical sectors.The STOXX 600 climbed 0.7% to close at a record high after touching an intraday…
Europe’s major stock markets ended higher on Friday, with the STOXX 600 and Germany’s DAX hitting record highs as investors rotated into cyclical sectors.Bitcoin climbed above $62,000 as large holders accumulated coins despite record ETF outflows.Tesla expanded its robotaxi service to Miami as competition in autonomous driving intensified.Poland’s prime minister…
Wall Street will enter the July 6-10 week with less room for error after a choppy start to the second half.The S&P 500 is still sitting near record territory, but the market is carrying a tricky mix of stretched valuations, a cooling labour market, fragile oil prices and fresh pressure…
US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally.Investors pulled $17.2 billion from US stock funds in the week through July 1, according to Bloomberg, citing Bank of America strategists led by Michael Hartnett and EPFR Global data.The move…
Investor Michael Burry, best known for his successful bet against the US housing market portrayed in The Big Short, has reportedly opened a short position in Micron Technology (MU), arguing that the memory chip maker’s recent rally has been driven by speculative enthusiasm rather than fundamentals.According to a post published…
Nvidia enters the second half of 2026 facing growing pressure to defend both its market leadership and investor confidence.While the company remains the world’s largest by market capitalisation, its stock has lagged several semiconductor peers this year as investors broaden their focus across the artificial intelligence (AI) supply chain.The company…