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Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since ...- U.S. Stock Market today: Oil prices stable after volatile trading, global stocks divergeInternational oil benchmark Brent edged back up to around $111 per barrel following Thursday's wild swings on worries about a resumption of...
- US Stocks: Marvell shares jump 5% on report of deal talks with Google to develop two AI chipsMarvell Technology's shares jumped nearly 5% on Monday following a report that Alphabet's Google is in talks with the chip designer to deve...
- US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
- Snap stock price: Here's why Snap Inc. shares are up todaySnap stock price moved higher after the company announced layoffs affecting about 16% of staff and more than 300 open roles. Snap Inc said ...
- Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
- CrowdStrike hit by weak forecast, US government request for informationThe company said on Wednesday US regulators have asked it about certain transactions as well as the July 19 outage. It earlier forecast sec...
- Trump win ignites crypto frenzy that sends bitcoin to record highAlthough formerly a sceptic, Trump vowed to make America the crypto capital of the world. Cryptocurrencies, including Bitcoin and ether, so...
- US election results impact on US stock market, S&P 500, Dow Jones Industrial AverageUS election 2024 results will not only decide the winner between Donald Trump and Kamala Harris but also have an cascading effect on the US...
- $9.2 T M-cap Nvidia, Microsoft & Apple Now Bigger Than China's Stock MarketMicrosoft, Nvidia, and Apple have a combined market capitalisation surpassing that of China's stock market, totaling $9.2 trillion. The tec...
- GameStop shares fall over 14% as video game retailer faces competition, weak spendingGameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue...
- Nvidia shares up on hopes of strong results powering another AI rallyAs investors up their bets on the company that virtually makes all chips used in generative AI such as ChatGPT, its stock has surged 13% in...
- US airline stocks set for best month in 2 years on summer rush, lower fuel pricesU.S. airline stocks are set to have their strongest monthly performance since 2021, fueled by lower fuel prices and strong travel demand. D...
- Meta surges on cost cut, buyback plans; lifts mega-cap stocksShares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein o...
- Amazon layoff signals more pain for tech sector as recession fears mountAs a demand boom during the pandemic rapidly turns into bust, tech companies shed more than 150,000 workers in 2022, according to tracking ...
- Social media stocks slump as Twitter, Snap warn of dire ad spendingPinterest Inc plunged 7.5%, Facebook-owner Meta Platforms Inc dropped 4.6%, Google-owner Alphabet Inc, which also sells ads online, fell 2....
- Social media stocks slump as Twitter, Snap warn of dire ad spendingPinterest Inc plunged 7.5%, Facebook-owner Meta Platforms Inc dropped 4.6%, Google-owner Alphabet Inc, which also sells ads online, fell 2....
- US private equity firm KKR expands into renewablesThe thermal and renewable power plant operator has agreed to a £1.75-billion ($2.1-billion, 2.0-billion-euro) bid from US private equity gi...
- Tobacco group Philip Morris buys maker of inhalersThe Marlboro-maker will pay 150 pence per share in cash, valuing Vectura at £1.0 billion ($1.4 billion, 1.2 billion euros), the pair said i...
- Why Warren Buffett’s cash should worry investorsBerkshire Hathaway now has the biggest cash balance in the firm’s storied history.
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