The Adidas share price has been in a strong downward trend in the past few months, making it the top laggard in the DAX Index. It plunged to a low of €153.90, down by over 41% from its highest point this year. This crash has brought its market cap from…
Canada and Sweden have signed a new strategic partnership that places defence, security, and industrial cooperation at the centre of their relationship, reshaping the environment around Canada’s future fighter jet plans.The pact was announced on Tuesday during the Ottawa visit of Sweden’s King Carl XVI Gustaf and Queen Silvia. It…
Meta has secured a major legal victory after a US federal judge dismissed the Federal Trade Commission’s high-profile antitrust case, ending a years-long effort by regulators to unwind the company’s acquisitions of Instagram and WhatsApp. The ruling marks one of the most significant setbacks for US antitrust enforcement in the…
Wix’s stock price has crashed to a bear market this year, as it has crashed by over 48% from its highest level this year, as concerns about its growth and the emerging competition rise. It was trading at $126 on Wednesday, with its market capitalization remaining at $7 billion, down…
Advances in AI arrive faster than users can track them. The release of Google’s Gemini 3, the billion-dollar partnerships around Anthropic’s Claude, and fresh updates from OpenAI have condensed years of progress into a single season.Every major tech company is betting on larger models, new chips, and aggressive cloud expansion.…
The Netherlands has stepped back from its emergency controls over chipmaker Nexperia, easing tensions with China and calming pressure on global supply chains that were beginning to spill into the automotive industry. The move follows renewed diplomatic engagement between Chinese, Dutch, German, EU, and US officials, who worked to resolve…
Target is grappling with another quarter of falling sales as US shoppers continue to rein in discretionary spending, weighing on the retailer’s financial performance and prompting a cut to its full-year earnings outlook. Shares of Target were down about 1.8% in premarket trading at $86 following the release of its…
Developer of AI-powered sidewalk delivery robots, Serve Robotics, has a question for the American food delivery industry: “Why move 2 lb burritos…in 2 ton cars?”It is seeking to provide a solution with thousands of AI-powered, low-emission sidewalk delivery robots, with a long term aim to bring down delivery cost to…
Silicon Valley’s tech giants are pouring hundreds of billions of dollars into artificial intelligence (AI) infrastructure this year, a commitment that has been met with growing anxiety from shareholders. This massive investment, reminiscent of the dot-com boom, has faced skepticism over its sustainability. Market concerns were recently amplified after investor…
Private investor Don Hansen returns to share his latest thoughts on gold, outlining five factors that illustrate how powerful the current bull market is. ‘I think it’s pretty obvious that in 2025 we’re in a secular bull market in gold, and it’s only (just) started,’ he said. In his view,…