Moderna stock rallies on HHS lawsuit news: analyst says negative sentiment reversing
Shares of Moderna surged 9.5% on Tuesday to $32.75 in a notable reversal of recent bearish sentiment, buoyed by legal developments and renewed investor focus on the company’s potential vaccine…
China’s push to end oversupply could forge a new class of market champions: JPMorgan
China’s ongoing policy efforts to curb excess industrial capacity could serve as a significant positive catalyst for both its equity markets and global trade, provided the measures are executed effectively,…
EssilorLuxottica share price jumps on Meta’s 3% stake
Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to €251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth…
China’s push to end oversupply could forge a new class of market champions: JPMorgan
China’s ongoing policy efforts to curb excess industrial capacity could serve as a significant positive catalyst for both its equity markets and global trade, provided the measures are executed effectively,…
Europe markets open: stocks rise; Trump announces 50% copper tariff, threatens pharma
European stock markets started Wednesday’s session with modest gains, as investors carefully navigated a complex and often contradictory global trade landscape. While fresh tariff threats from US President Donald Trump…
Starbucks China bids reportedly value biz at $10 bn: what to do with SBUX stock
Starbucks is exploring a potential partial sale of its China operations, with offers from global and Asia-based private equity firms valuing the business at up to $10 billion, CNBC reported…
Vedanta shares slide upto 8% after US-based short seller labels Group a ‘Ponzi Scheme’
Shares of Vedanta Ltd plunged as much as 8% intraday on July 9, before paring some losses, after US-based short seller Viceroy Research issued a scathing report on its parent…
EssilorLuxottica share price jumps on Meta’s 3% stake
Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to €251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth…
Donald Trump extends tariffs to 5 more countries; Dow tumbles 500 points
President Donald Trump has stepped up his trade push, announcing that starting August 1, the US will raise tariffs across the board on goods from at least seven countries.In a…
China warns US over new tariffs and trade deals
On Tuesday, China cautioned the Trump administration against re-escalating trade tensions by re-imposing tariffs on Chinese goods next month. Beijing also threatened retaliation against countries that forge deals with the United…