Here’s what will affect the Nikkei 225 Index this week
The Nikkei 225 Index pulled back last week as market participants focused on key Japanese earnings and the BoJ interest rate decision. It retreated to a low of ¥40,800, down…
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Reddit shares surge 20% on record profit and strong revenue outlook
Reddit Inc. shares surged on Friday after the company posted its most profitable quarter to date and offered a third-quarter revenue forecast that significantly beat Wall Street expectations. The strong…
OpenAI raises $8.3B as AI demand grows: report
OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a person familiar with the deal. The fresh round of…
Novo Nordisk stock posts worst week since 2021, but analysts see a bigger problem ahead
Novo Nordisk stock sharply tanked this week, marking the pharmaceutical company’s worst-ever weekly loss with a decline of more than 30% by Friday.This plunge extended the stock to its lowest…
Private equity giants accelerate push into UK pension risk-transfer market
Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the past month. As British corporations continue to shed…
Tesla ordered to pay $329M over fatal autopilot crash in Florida
A federal jury in Miami has ruled that Tesla must pay $329 million in damages in connection with a fatal 2019 crash involving its Autopilot system. The case, which was…
FTSE 100 Index shares to watch: IHG, Legal & General, Flutter, BP
The FTSE 100 Index reached a record high of £9,192 this week as some of its top constituent companies, including IAG, Rolls-Royce, Shell, HSBC, and Standard Chartered, published their earnings. The…
Asian markets open: stocks fall, Kospi drops 2.3%; Sensex expected lower
Asian stock markets kicked off Friday’s session with a clear sense of unease, declining for a sixth consecutive day in what has become their longest losing streak of the year.…
Europe markets open: stocks to fall; Trump hits Switzerland with 39% tariff
European stock markets are poised for a lower open on Friday, with futures pointing to declines across most major bourses. Investor sentiment is being hit by a triple whammy of…
Asian currencies reel as Trump’s new tariffs spark market jitters
Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President Donald Trump announced sweeping new tariffs on imports from dozens…