Tag: Breaking News: Markets
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Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal
Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto industry’s ailing fortunes.
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KKR says AI productivity boom to keep on going — but warns of ‘extreme’ trend not seen since the 19th century
KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.
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Investors brace for a ‘long grind’ as Iran war escalation dims hopes of an early end
As U.S. and Iranian forces continue exchanging strikes, investors are increasingly grappling with the possibility that the conflict could become more prolonged.
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OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.
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Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows
Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.
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Stock futures slip after U.S. launches additional strikes against Iran, oil rises: Live updates
A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.
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Citigroup shares outperform down market after Trump endorsement
Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.
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Starbucks stock is a bright spot in Wednesday’s bleak market. Here’s why
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Nike has limited time to prove itself, especially after a tough analyst downgrade
Nike is on borrowed time if it cannot prove itself in its next quarterly report.
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Unique SpaceX IPO is hedging challenge for Wall Street: ‘What are you going to do, short NASA?’
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn’t seen anything like the SpaceX IPO since 2004. Investors are nervous about their positions.
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