European markets began the week under pressure on Monday, weighed down by escalating tensions in the Middle EastAnd a sharp surge in oil prices following fresh developments over the weekend.Regional equities tracked losses seen across Asia-Pacific markets, with sentiment dampened by growing concerns over potential disruptions to global energy supplies…
Baker Hughes has agreed to sell its Waygate Technologies unit to Swedish industrial technology group Hexagon for approximately $1.45 billion in cash, the companies said on Monday.The transaction, which remains subject to customary closing conditions and regulatory approvals, is expected to be completed in the second half of 2026.Hexagon stated…
Kering stock fell 3% on Monday after Morgan Stanley downgraded the Gucci owner.The setback arrived just as investors were looking for firmer evidence that the group’s long-promised turnaround is starting to show up in sales.The move matters because it lands days before Kering’s first-quarter 2026 revenue update on April 14…
There is a peculiar moment in every great valuation cycle where the data stops being abstract and starts being personal. For the US stock market, that moment may be now, as one of the bluntest and most time-tested measures of aggregate market valuation is flashing red. And it is sitting…
Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, as retail investors continued to pour money into equities even as uncertainties centring around the Iran war weighed on sentiment, data from the Association of Mutual Funds in India…
As the first-quarter (Q1) earnings season shifts into high gear next week, investors are bracing for a wave of data from nearly 6% of the benchmark S&P 500 index.While heavy hitters like Netflix Inc and JPMorgan dominate the headlines, seasoned traders are looking at a specific subset of companies: those…
A major shift is happening in the stock market as investors flee the popular SPDR S&P 500 (SPY) ETF and rotate to its biggest competitors this year. SPY, which is the oldest ETF, has been losing assets in the billions, a trend that is accelerating. Data shows that the fund has…
DocuSign stock price dropped by nearly 6% on Friday after Citi analysts downgraded it and other popular software companies. DOCU has now plunged from the all-time high of $324 in 2021 to $42 today. So, is it a bargain or a value trap?Citi downgrades DocuSign stock In a report to clients,…
On Sunday, April 12, Hungarians go to the polls in what may be the most economically consequential election in the EU this year — one whose result will be felt from Brussels to Kyiv, and increasingly, from Washington too.Hungary’s economy tells its own story. GDP per capita sits at 76%…
Wall Street’s main indexes were subdued on Friday as investors weighed largely in-line inflation data against persistent geopolitical risks stemming from the Middle East conflict.Major indexes edged higher in early trading, with the S&P 500 up around 0.28%, the Nasdaq 100 gaining 0.43%, and the Dow Jones Industrial Average was…