Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party,…
World News
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World News
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World News
Dow futures slip 214 points amid Fed jitters: 5 things to know before Wall Street opens
by adminDow futures were under pressure on Friday, falling about 214 points, roughly 0.5% as investors turned cautious ahead of key economic data and fresh…
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World News
Michael Burry winds down Scion as he grows ‘out of sync’ with markets: inside his contrarian calls
by adminHedge fund manager Michael Burry, whose prescient bet against the US housing market ahead of the 2008 financial crisis cemented his reputation as one…
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Palantir Technologies Inc (NASDAQ: PLTR) has pulled back in recent days amidst a broader sell-off in artificial intelligence (AI) names, driven by valuation concerns…
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World News
Merck to buy Cidara Therapeutics for $9.2 billion as Keytruda patent cliff approaches
by adminMerck & Co. has agreed to acquire biotechnology firm Cidara Therapeutics in a $9.2 billion deal, accelerating efforts to broaden its respiratory portfolio as…
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World News
Cisco stock surges 7% on raised outlook fuelled by booming AI data center demand
by adminShares of American digital technology major Cisco Systems surged on Thursday after the company lifted its annual profit and revenue outlook, buoyed by surging…
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Baidu just made its boldest move yet in the race to dethrone Nvidia. The Chinese tech giant unveiled two new AI processors: the M100…
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World News
Silver surges 12% to record highs as gold takes a backseat; experts see more gains
by adminSilver’s rise in the last few sessions has overshadowed gold, with prices hitting yet another record high on Thursday. Experts believe the correction in…
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As the US artificial intelligence (AI) stocks continue their meteoric rise, concerns of an overheated market are prompting investors to look elsewhere. With the…
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The European Commission has launched a fresh investigation into Alphabet’s Google over whether its search ranking practices disadvantage news publishers and breach the European…
