Tag: business news
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Central banks are bringing gold reserves home as geopolitical risks rise
Central banks expect gold reserves to rise and more are storing bullion at home amid geopolitical and currency risks.
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Ineos and Damler Truck enlist in auto defense push as Europe bolsters military spending
The partnership is one of a spate of auto-defense collaborations announced in recent weeks.
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AI credit markets at risk of ‘violent’ correction and investors must stay clear-eyed, Man Group says
AI credit markets are at risk of a ‘violent’ correction and investors must stay clear-eyed to do well, Man Group says
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UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
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SpaceX options debut signals ‘expensive’ and ‘dangerous’ bets, strategist says
Options on SpaceX have started trading after the company’s IPO, and they show a wide variation in bets.
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Cramer’s lightning round: Buy Cava
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.
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Bill limiting investors from buying homes set to speed through Congress
Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.
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These stocks should outperform as the Iran deal is finalized, says UBS
With a deal on the horizon, UBS thinks that stocks like Southwest Airlines and Eastman Chemicals could benefit from a potential settlement.
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