Jim Cramer names his top 4 stocks that are trading at a big discount
US stocks have been in a sharp uptrend since early April, but higher tariffs set to go live on August 1 could reverse some of the recent gains, potentially resulting…
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Glenmark Pharma hits record high after $2B licensing deal for cancer drug
Shares of Glenmark Pharmaceuticals surged 14% to an all-time high on Friday after its biotechnology unit, Ichnos Glenmark Innovation (IGI), signed a landmark licensing deal with US drugmaker AbbVie for…
Barrick CEO remains bullish on copper amid US tariff uncertainty
Mark Bristow, CEO of Barrick Mining Corp, reiterated the copper miners’ bullish outlook on the metal’s future in Zambia, where the company is expanding operations, according to a Reuters report. This…
OpenAI to launch AI-powered browser, targeting Chrome’s dominance: report
OpenAI is preparing to launch an artificial intelligence-powered web browser in the coming weeks, potentially setting the stage for a direct challenge to Alphabet Inc.’s market-leading Chrome browser. The move,…
Trade tariffs force Nissan to suspend production of key models for Canada
Nissan Motor has announced a suspension of US production for three of its vehicle models specifically designated for the Canadian market, according to a Reuters report. This decision comes as a…
TSMC posts 39% jump in June quarter revenue, beats estimates on AI demand
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 39% year-on-year increase in revenue for the June quarter, exceeding analyst expectations and reinforcing optimism around continued investment in artificial intelligence infrastructure.Based on…
Core Scientific deal reveals cracks in CoreWeave’s bull case
Shares of Core Scientific plunged after AI cloud provider CoreWeave announced plans to acquire the data center firm in an all-stock deal, a reaction that defies the typical market response…
European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4%
European stocks advanced on Thursday as investors looked for signs of progress in trade talks between the United States and the European Union.The pan-European STOXX 600 index was up 0.5%…
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…