UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision.NatWest share price jumped to 638p, its highest level since February 9 this year, and 26% above its lowest point in March. Lloyds Bank…
Shares of Intel rose on Thursday after US President Donald Trump said Apple had agreed to work with the chipmaker to design and manufacture chips in the United States, potentially handing Intel’s foundry ambitions their biggest endorsement yet.Intel shares were up about 2.7% in after-hours trading at the time of…
Dave & Buster’s Entertainment (PLAY) shares fell about 4% after the company reported weaker-than-expected fiscal first-quarter 2026 results, as softer customer demand and higher operating costs weighed on sales and profitability.The restaurant and entertainment operator posted adjusted earnings per share of $0.22, missing analysts’ consensus estimate of $0.37. The figure…
Nebius Group (NBIS) shares moved 4% higher on Tuesday after the artificial intelligence cloud infrastructure company completed its acquisition of Eigen AI and received confirmation that it will join the Nasdaq-100 Index later this month.The Amsterdam-based company finalized the acquisition of Eigen AI on June 10, approximately six weeks after…
IMAX Corp. shares climbed on Tuesday and hit its 52 week high as strong summer box-office performance and growing investor confidence in the company’s business model continued to support the stock.Shares rose 5.2% to $44.55 in afternoon trading, putting the stock on course to surpass its previous record closing high…
The Dow Jones Industrial Average closed at a record high for a second consecutive session on Tuesday as investors rotated away from technology stocks and into economically sensitive sectors, while falling oil prices boosted optimism about the broader US economy.The blue-chip index gained 345.54 points, or 0.67%, to finish at…
SpaceX SPCX has overtaken Amazon to become the world’s fifth-most valuable publicly traded company, capping a remarkable rally that has followed the company’s record-breaking stock market debut.Shares of Elon Musk’s rocket and artificial intelligence company rose for a third consecutive session on Tuesday, lifting its market capitalization to approximately $2.66…
EchoStar (SATS) has a sizeable stake in the newly public SpaceX (SPCX) – one that’s being largely underappreciated by market participants, says New Street’s senior analyst David Barden.In a recent note to clients, Barden raised his price target on the telecommunications firm to $165, indicating potential upside of an exciting…
Reliance Jio could file draft papers for its long-awaited initial public offering within days, according to a Financial Times report, potentially setting the stage for India’s largest-ever stock market debut.The reported filing is expected just before Reliance Industries Chairman Mukesh Ambani addresses shareholders at the company’s annual general meeting on…
SpaceX’s new options market exploded on Tuesday, giving traders a fresh and far riskier way to bet on the rocket company’s post-IPO surge.The contracts began trading only days after SpaceX’s blockbuster Nasdaq debut, and demand was immediate.Call options, which profit when a stock rises, dominated early activity. But the pricing…