We also break down next week’s catalysts to watch to help you prepare for the week ahead. In this article: This week’s tech sector performance US stocks advanced this week amid key economic data releases, with tech leading gains after Micron Technology’s (NASDAQ:MU) results release and easing artificial intelligence (AI)…
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company…
CoreWeave Inc (NASDAQ: CRWV) soared nearly 20% on Dec. 19 after announcing participation in the US government’s “Genesis” mission.The Department of Energy (DOE) programme is designed to accelerate scientific discovery, strengthen national security, and advance energy innovation.CoreWeave stock is also pushing higher because Citi analysts issued a bullish note in…
Europe enters the new year grappling with uneven fiscal realities and rising geopolitical strain.Britain shows tentative progress in reining in borrowing as inflation cools, while France remains mired in political gridlock that is worsening an already fragile budget outlook.Further east, Ukraine secures critical debt relief to protect its post-war recovery,…
The Ibovespa rose on Friday morning, December 19, boosted by advances in blue-chip companies and evidence of foreign capital inflows, despite lingering budgetary worries.The benchmark Brazilian stock index began at 157,928.31 points with no change, momentarily falling 0.01% to 157,906.06 points before gaining traction.By 11 a.m., the index had risen…
Global markets closed the week with a mix of policy shocks, earnings fallout, and renewed risk appetite.Japan’s central bank delivered its boldest rate hike in decades, signaling a historic shift away from ultra-easy money.US stocks steadied as tech rebounded despite Nike’s sharp tumble, while regulators cleared a surprise Nvidia-Intel deal.In…
US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions from threatened tariffs on pharmaceutical imports.The agreements bring the total number of drugmakers aligned with Trump’s pricing initiative to 14 of the 17 companies the administration targeted…
The following are the top crypto news stories from Latin America this week. The Brazilian stock exchange B3 boosted its blockchain integration strategy by announcing a stablecoin and a tokenisation platform. In El Salvador, Bitso and Tether have joined together to encourage startups and stablecoin-based solutions. Meanwhile, Bitso Business, Bitso’s…
When a single airline carries nearly two-thirds of India’s domestic passengers and two apps handle more than four out of every five UPI transactions, market dominance is no longer an abstract policy; it becomes a monthly line item on your bill.India’s economy has quietly consolidated into oligopolies across essential services.IndiGo’s…
Consumers planning to buy a new PC or smartphone next year may face higher prices, and the reason is increasingly clear: soaring memory costs driven by artificial intelligence demand. Micron Technology’s latest financial results offer a window into how the AI boom is reshaping the global memory market — with…