Here’s why the Lloyds share price has rallied this year
Lloyds share price continued its strong rally this week and is hovering at its highest level since 2008 before the Global Financial Crisis (GFC). LLOY was trading at 83.65p on…
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Otis stock poised for rebound as analysts see services growth, construction boom: should you buy?
Otis Worldwide Corp.’s share price has been on a slow decline for much of the year, but signs are emerging that the worst may be over. While the stock has…
China’s petrochemical sector faces profit squeeze amid expansion
China’s petrochemical sector anticipates significant growth in a key segment, projected to expand by nearly 50% by 2028. This expansion is set to occur despite intensified competition within the wider refining…
Indian AI company Fractal Analytics files for $560M IPO at $3.5B valuation
Fractal Analytics, a leading provider of artificial intelligence and analytics services, has filed for an initial public offering (IPO) in Mumbai that could value the company at more than $3.5…
Asian markets open: Nikkei soars 1%, Sensex to rebound on US inflation relief
A powerful wave of optimism swept across Asia-Pacific markets on Wednesday, as investors cheered US inflation data that solidified expectations for a Federal Reserve interest rate cut next month. Japan’s…
Europe markets open: DAX soars 0.7% as tech stocks lead post-inflation surge
A powerful wave of optimism continued to wash over global markets on Wednesday, propelling European equities higher as investors extended a record-setting rally built on fervent hopes of a major…
LSEG share price crashes despite strong fundamentals: is it a buy?
The LSEG share price has crashed this year, and a recent death cross point to more downside. London Stock Exchange stock fell to a low of 9,338p on Wednesday, down…
Cava shares plunge 22% after trimming sales outlook amid economic uncertainty
Shares of Cava Group Inc. tumbled by more than 22% in pre-market trading on Wednesday, extending steep after-hours losses from Tuesday, after the Mediterranean fast-casual chain lowered its full-year same-store…
NVIDIA stock price forecast as fresh China headwinds rise
The NVIDIA stock price is in the spotlight as concerns about its Chinese business continues. NVDA is hovering at a record high of $182, bringing the year-to-date gains to 30%,…
How Bitcoin helped Steak ‘n Shake beat McDonald’s and Domino’s in sales
US fast-food chain Steak ‘n Shake has credited its embrace of Bitcoin for a 10.7% same-store sales increase in the second quarter, outpacing major competitors and bucking broader industry trends.…