Shares of Zip Co. surged more than 25% on Friday, reaching their highest level in over three years, after the buy-now-pay-later company reported a sharp rise in annual earnings and unveiled plans for a secondary listing in the United States.The stock climbed as much as 25.6% to A$3.92 in early…

A busy night in global affairs saw Beijing sharpen its rhetoric ahead of hosting world leaders, Nvidia forced to pause a key chip rollout under Chinese scrutiny, and Elon Musk making an unlikely approach to Mark Zuckerberg in his pursuit of OpenAI. Here’s your one-stop stand to catch up on…

Global defense spending is poised to accelerate as conflicts in Europe, the Middle East, and rising tensions in Asia intensify demand for new technologies and weaponry. The US defense budget is projected to surpass $1 trillion in fiscal year 2026, while European nations, spurred by fresh commitments under the Trump…

XPeng stock price has done well this year and is beating many electric vehicle companies like Tesla, BYD, and Nio. XPEV jumped to high of $22.75 on Friday, up by 253% from its lowest point in 2024, bringing its valuation to over $21 billion. The bullish case for XPeng stockThere are…

Nvidia Chief Executive Jensen Huang on Friday lauded Taiwan Semiconductor Manufacturing Co. during a visit to Taipei, calling the company one of the greatest in history and suggesting that any investor buying into it would be “very smart.”The comments came in response to questions about Washington’s interest in acquiring stakes…

The Nio stock price has staged a strong comeback this year, matching our recent forecasts. It jumped to a high of $5.95 in the premarket, its highest point since October last year and 95% from its lowest point this year. Why Nio stock price is soaringNio share price has staged a…

Existing home sales in the US rose 2% in July, signaling a modest rebound in buyer activity.However, home price growth slowed to just 0.2% for the month, even as inventory levels reached their highest point since May 2020.While affordability remains a challenge, Redfin CEO Glenn Kelman says the housing market…

TikTok is preparing to lay off hundreds of staff in London from its trust and safety department, according to a report in the Financial Times.The cuts come as the UK’s Online Safety Act begins to take effect, imposing stricter requirements on international tech companies to prevent the spread of harmful…

Dow futures surged 150 points on Friday, as traders waited for Jerome Powell’s big speech at the Jackson Hole symposium. Everyone’s looking for clues on whether the Fed might actually cut rates at the September meeting. The market’s been shaky all week and mixed data, stubborn inflation, and plenty of…