Indian rupee under pressure as Middle East tensions lift oil above $100
Indian markets have entered a period of heightened volatility, with sharp intraday swings, a weakening rupee, and rising oil prices reflecting the impact
Investing
Investing
USD/ZAR forecast: South African rand surges as a carry trade emerges
The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The
Investing
Pound rises as US-Iran deal hopes offset UK political concerns
The British pound strengthened against the dollar on Wednesday after investors reacted positively to reports suggesting the United States and Iran were moving
Economy
Uber stock jumps 10% after earnings beat as trips, bookings surge
Shares of Uber Technologies surged nearly 10% in premarket trading on Wednesday after the company reported first-quarter results that exceeded analyst expectations, supported
Economy
Airlines trim 13,000 May flights as jet fuel costs spike globally
Global airlines have cut around 13,000 flights scheduled for May, as surging jet fuel prices driven by the Middle East conflict force carriers
Economy
Corning stock surges 20% on Nvidia deal to expand AI optical manufacturing
Shares of Corning surged about 20% in premarket trading on Wednesday after the company announced a multiyear partnership with Nvidia to expand optical
Economy
US private payrolls beat estimates as hiring rises to 109,000 in April
Private sector hiring in the United States came in stronger than expected in April, offering fresh evidence of labor market resilience and reinforcing
Economy
Dow jumps 448 points on Iran deal hopes, AI rally lifts stocks
Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued
Gold
Alphabet’s euro bond offering sees strong demand
Alphabet Inc. is moving ahead with its largest-ever euro-denominated bond sale, attracting strong investor demand as it ramps up funding for artificial intelligence
Gold
Dow jumps 190 pts as oil prices fall, despite Middle East tensions
Wall Street’s main indexes recovered on Tuesday, as easing oil prices provided relief to equity markets despite renewed tensions in the Middle East