Here’s why the Burberry share price jumped after LVMH earnings
Burberry share price jumped by 6.50% on Wednesday as investors reacted to the latest earnings from LVMH, the biggest company in the industry. BRBY stock jumped by 6% to 1,235p,…
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Alphabet’s Waymo plans to launch robotaxi services on London roads
Alphabet’s autonomous vehicle unit, Waymo, announced plans to bring its robotaxi services to London, marking its first foray into the European market. The company said on Wednesday that it will…
What keeps the AI bubble from bursting — and what it means for investors
Discussions around the topic of whether we’re in an AI bubble have been going on for more than three years now. Every time some major news is reported, the same…
Sabadell’s client shareholders reject BBVA’s takeover bid
Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the…
SoftBank’s PayPay eyes $20 billion valuation ahead of US IPO
Japan’s SoftBank Group Corp is planning an initial public offering (IPO) of its digital payments unit PayPay in the United States as soon as December, two people with direct knowledge…
Michelin stock slumps 9% as profit downgrade triggers concerns over 2026 targets
Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in…
GPIQ ETF beats JEPQ by far, but QQQ is a better Nasdaq 100 fund
The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday,…
Canal+ boosts Africa strategy with MultiChoice exit, SA listing
French media giant Canal+ is moving ahead with its plan to delist MultiChoice from Johannesburg’s stock exchange and secure a secondary listing in South Africa, a move aimed at deepening…
Europe markets open: Stocks rise with DAX up 0.5% despite US-China tensions
A curious and perhaps fragile sense of optimism is gracing European markets at the start of a new trading week, with stocks opening firmly in the green as investors choose…
A $60 million US box-office for South Korean film signals a new era for AI
When South Korea’s pandemic-hit film industry seemed cornered by falling box-office sales and soaring budgets, an unexpected revival arrived through technology. Bloomberg reports that King of Kings—a modestly budgeted animated…