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US stocks: Lilly shares rise on hopes that next-gen drug will extend lead in weight-loss marketLilly presented full data from two retatrutide trials, one in treatment naive type 2 diabetes patients and another in patients with obesity...
Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOsBitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards b...
Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to m...
Global Market Today: Asian stocks pare gains, oil climbs on Iran attack reportAsian stocks saw gains moderate as US strikes in Iran overshadowed optimism for a potential deal. Crude oil advanced, reversing earlier dec...
Target doubles growth forecast, but cites caution as consumers remain stretchedThe $59-billion retailer has muddled through three straight years of declining revenue as cost-conscious shoppers moved to cheaper options....
Battery storage firms eye AI demand but face grid, supply hurdlesAmerican battery storage companies are experiencing high demand from AI data centers. However, long waits to connect to the power grid and ...
U.S Stock Market today: S&P 500 stocks show signs of historic Wall Street crash, bear market but expert notes ray of hopeU.S. Stock Market index S&P 500 is predicted to extend its rally in 2026, even as Middle East tensions disrupt global energy flows and dr...
US stocks today: Space analytics firm HawkEye 360 valued at $3.15 billion after NYSE debutHawkEye 360's stock surged 30% on its Thursday debut, reaching a $3.15 billion valuation after raising $416 million in its U.S. IPO. The de...
US Stock Market: Space-tech momentum builds as HawkEye 360 launches $416 million IPOSpace analytics firm HawkEye 360 raised $416 million in its U.S. IPO after pricing shares at $26 each, the top end of its target range, val...
Dollar on defensive as markets hope for best on Middle EastThe dollar weakened as hopes for an Iran-U.S. de-escalation boosted oil-exposed currencies, while Japan's verbal intervention kept speculat...
MAC cosmetics owner Estee Lauder to cut 3,000 more jobsEstee Lauder Cos. is set to cut up to 3,000 more jobs, increasing its total planned layoffs to 10,000. This move aims to generate an additi...
Eli Lilly Foundayo weight-loss pill vs Novo Nordisk Wegovy oral obesity treatment tablets: Which medicine is the most prescribed across U.S.?Eli Lilly Foundayo was approved in the U.S. on April 1, with prescriptions accepted immediately on LillyDirect, while shipping started on A...
Oil prices jump 7% to top $102/ bbl ahead of US blockade on IranOil prices jumped back above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in ...
US Stocks: Exxon signals lower Q1 profit despite higher oil, gas revenue from Iran war price spikesExxonMobil is bracing for a dip in first-quarter earnings, primarily due to a substantial financial hedging loss that is likely to eclipse ...
Gilead to buy Germany's Tubulis for up to $5 billion to boost cancer pipelineGilead is making headlines with its planned acquisition of Tubulis GmbH, a Germany-based company, for a maximum of five billion dollars. Th...
Doritos at $7 a bag ended up costing PepsiCo billionsIn an unexpected twist, Frito-Lay, a subsidiary of PepsiCo, is slashing prices by as much as 15% on beloved snacks like Doritos and Cheetos...
Wall St Week Ahead: Recession fears pose challenge to energy shares after stellar yearEconomists and analysts in a Reuters survey forecast U.S. crude would average $84.84 per barrel in 2023, compared to an average price of $9...
Bond yields spiral lower, take stocks along for the rideMSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent
Current US expansion could become longest on recordEven with a recent uptick, interest payments still remain incredibly low.
RBC: The Fed is going to hike rates earlier and faster than the market expectsRBC's Jordan Kotick and Jay Govender note that US economic data across the board is stronger today than in 1994, when the Fed was last star...