Despite a volatile start to the month and geopolitical tensions weighing on global markets, technical analysts at Fundstrat believe the worst of the equity sell-off may finally be in the rearview mirror.While the Dow Jones Industrial Average faced a sharp 700-point stumble on Thursday amid surging energy prices, the resilience…
European equity futures were trading cautiously higher on Tuesday as investors held back from making large directional bets ahead of US President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz to oil traffic.The main European exchanges are set to return from the Easter break, with markets closed…
SpaceX’s stock market debut is already stirring the usual Elon Musk wealth headlines.But the more interesting question for investors may be which listed companies could gain alongside it.If SpaceX does come to market at anything close to the valuations now under discussion, the clearest public-market beneficiary would be Alphabet, which…
Activist investor Pershing Square Capital Management said on Tuesday it plans to acquire Universal Music Group in a cash-and-stock transaction valued at approximately €55.8 billion ($64.4 billion) in a move that could shift the world’s largest music label toward a US listing while offering shareholders a substantial premium.The deal, unveiled…
Oil prices surged Thursday, threatening to further drive up the price of gas as hopes for a near-term resolution to the Iran war faded following President Donald Trump’s address to the nation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Stocks were volatile,…
The United States added 178,000 jobs in March, blowing past expectations and showing a resilient labor market just as the war with Iran began escalating, sending up oil prices. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The unemployment rate fell to 4.3%…
Savannah Guthrie returned to the “TODAY” anchor desk Monday, more than two months after her mother disappeared. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “We are so glad you started your week with us, and it is good to be home,” Guthrie…
Despite scorching summers and rising temperatures across India, air conditioner makers like Voltas and Blue Star have struggled to translate long-term potential into consistent stock performance.Over the past year, Voltas shares have declined about 8%, while Blue Star has fallen nearly 28%. This underperformance comes at a time when India’s…
Artificial intelligence investing still tends to begin with the same familiar names.Nvidia, Microsoft and other mega-caps still dominate the conversation, and it seems natural with the massive potential these names hold.But analysts are increasingly highlighting a second layer of AI-linked companies that are smaller, but carrying far more aggressive upside…
Shares of Palantir Technologies continue to draw mixed views from analysts, as strong confidence in its artificial intelligence platform contrasts with growing concerns over its elevated valuation.While the company has received a fresh vote of confidence from Wall Street, analysts remain cautious about recommending the stock, citing limited room for…