Markets and geopolitics drove the news cycle on Friday, with Wall Street swinging sharply on fears of overheated AI valuations and fading hopes for…
World News
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The copper rally fizzled out quickly after the metal briefly soared past $11,000 per ton, as disappointing economic figures from China and the partial…
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Micron Technology Inc (NASDAQ: MU) pushed meaningfully higher on Nov. 14th after Morgan Stanley’s senior analyst, Joseph Moore, dubbed it a top pick heading…
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President Donald Trump is preparing an executive order that will reduce tariffs on several widely consumed food imports, including beef, tomatoes, coffee and bananas,…
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In a fast-moving Friday across Washington and Wall Street, the United States announced a major breakthrough trade deal with Switzerland, signaled fresh tariff relief…
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UK fiscal credibility at risk as Reeves plans to abandon income tax rise, economists warn
by adminRachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party,…
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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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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…
