Figure Technology surge 24% after strong Q3
Figure Technology Solutions posted a standout third quarter, sending its shares up 24% to $42.76 on Friday after the company delivered results far ahead of Wall Street expectations. The newly…
Why India is poised to miss Its 2030 green hydrogen target
India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy think tank highlighting critical impediments to its progress. The core…
Nikkei 225 Index analysis after a strong Japan earnings season
The Nikkei 225 Index wavered this week as some of its biggest constituents published their earnings and as the Japanese yen continued its recent freefall. It was trading at ¥50,435,…
SoftBank stock plunges 6%: what happened?
Tokyo-listed shares of SoftBank Group fell sharply on Friday, extending a three-day losing streak as investors digested the Japanese conglomerate’s disclosure that it had sold its entire stake in US…
Why India is poised to miss Its 2030 green hydrogen target
India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy think tank highlighting critical impediments to its progress. The core…
Morning brief: Musk’s AI lawsuit moves forward, Trump may cut tariffs
Thursday brought a flurry of major developments across politics, business, and technology. A US judge allowed Elon Musk’s antitrust lawsuit against Apple and OpenAI to advance, while President Donald Trump…
Big Tech’s AI dominance challenged as court backs Musk’s case against Apple, OpenAI
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal…
Headwinds and tailwinds
According to FactSet, over 90% of S&P 500 constituents have released their third quarter results. Of these, 82% have beaten consensus forecasts on earnings per share, while 77% have exceeded…
Rolls-Royce share price stuck in a range as it maintains guidance: is it a buy?
Rolls-Royce share price pulled back on Thursday after the company published an encouraging trading statement that illustrated strong results. RR stock was trading at 1,140p, down from the year-to-date high…
Tencent posts 15% revenue surge to $27.08B: here’s what powered its Q3 boom
Chinese tech giant Tencent delivered stronger-than-expected third-quarter results, posting revenue of ¥192.9 billion ($27.08B) as artificial intelligence investments and gaming momentum drove growth across its core businesses.The 15% year-on-year revenue…