Shares of Confluent surged nearly 28% in premarket trading on Monday after the Wall Street Journal reported that IBM is in advanced discussions to acquire the data-streaming platform for about $11 billion. The potential deal, if finalized, would mark a significant push by IBM to strengthen its position in cloud…
The Hang Seng Index pulled back on Monday, even as China reported stronger-than-expected trade numbers and copper price neared an all-time high. The blue-chip index fell to H$25,833, down from the year-to-date high of H$27,300.China trade surges as copper nears all-time high The Hang Seng and other top Chinese indices remained…
The Nikkei 225 Index was flat on Monday as the Japanese statistics agency published mixed economic numbers, which raised the odds of Sanae Takaichi’s stimulus passing in parliament. It was trading at ¥50,385 on Monday, slightly above the November low of ¥48,206.Japan reports mixed economic data The Nikkei 225 Index has…
Global markets opened the week weighing a mix of political, economic, and trade developments, from US President Donald Trump’s remarks on Netflix’s proposed acquisition of Warner Bros. Discovery to renewed concerns over Japan’s economic trajectory. Meanwhile, China’s export performance surprised to the upside, and Asian equities traded cautiously ahead of…
India is preparing a sweeping overhaul of its atomic energy laws that would, for the first time, allow private investment in nuclear power generation—marking a pivotal shift in the country’s energy strategy as global interest in nuclear accelerates. The reform, which could unlock projects worth as much as Rs 19.3…
InterGlobe Aviation, the operator of IndiGo, saw its share price fall more than 7% on Monday as the fallout from its widespread flight cancellations continued, prompting intensified scrutiny from India’s aviation regulator. The stock is now headed for its seventh straight session of losses after the airline cancelled more than…
Legal & General stock price has held steady in the past few weeks, moving from a low of 230p in September to the current 248p. It has jumped by 30% from its lowest level this year, bringing its market capitalization to over £18.8 billion. This article explores whether LGEN stock…
The excitement around AI has been almost unprecedented this century, but in recent months the mood has begun to sour. Investors and executives of some of the biggest AI companies have openly questioned if current investment levels can really be justified, given the future revenue projections of the industry.Google Chief…
Magnum begins life as an independent company on Monday, stepping into the public markets after completing a spinoff that marks a major shift for both the brand and its former parent, Unilever. The move finalises a separation that has been years in discussion, creating a standalone ice cream group whose…
India’s capital markets are entering a phase where domestic fundraising is beginning to influence how global investors view the country’s economic weight. A rush of new listings, rising retail participation, and steady institutional interest have pushed IPO proceeds to a record level this year.Companies are advancing plans to list because…