Ulta Beauty stock pattern points to $600 as earnings rise
Ulta Beauty stock surged by over 6% in the extended hours after the company published strong financial results, which demonstrated resilient demand in the industry. It rose to $566 from…
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Geopolitical oil shock: US-Venezuela tensions threaten heavy crude prices
Escalating military tensions between the US and Venezuela are poised to significantly impact benchmark crude oil prices, as the Trump administration intensifies pressure on Nicolas Maduro’s regime and hints at…
EU set to probe Meta’s integration of AI features into WhatsApp: report
The European Union is preparing to launch an investigation into how Meta Platforms Inc. integrated artificial intelligence features into WhatsApp, marking the latest escalation in the bloc’s scrutiny of major…
Russian wheat export prices hit lowest point since mid-September amid Southern Hemisphere competition
The Russian wheat export market has experienced a notable downtrend since the middle of November, primarily impacting wheat with 12.5% protein content. According to price monitoring conducted by SovEcon, the Free…
ExxonMobil shuts Singapore cracker, signals deep distress in global petrochemicals sector
ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore’s Jurong Island starting in March, according to a Reuters report on Thursday. This move aligns…
Global growth slows but AI boom helps steady outlook, say Fitch and OECD
The global economy is heading into a period of its weakest expansion since the pandemic, but both Fitch Ratings and the OECD say the outlook is slightly more resilient than…
Is IndiGo’s pilot shortage pushing India’s air travel into crisis?
IndiGo’s latest wave of flight cancellations has pushed India’s air travel system into a period of intense pressure, as a growing pilot shortage collides with stricter fatigue rules and winter…
Marvell Technology to acquire Celestial AI for $3.25B
Marvell Technology Inc. shares rallied sharply in late trading after the semiconductor company reassured investors about the momentum of its custom chip business and announced a multibillion-dollar acquisition aimed at…
Morning brief: Republicans win Tennessee House seat; Asia markets steady
In a busy day for global political and economic developments, US electoral shifts, a rebound in Asian markets, mixed Australian growth data, and a major semiconductor acquisition offer a broad…
Silver hits fresh record high as prices up 100% in 2025; what’s fueling the surge
Tight supplies have been fuelling the massive surge in silver prices, which has seen the metal rise more than 10% since last Friday. On Wednesday, silver prices on COMEX hit a…