The UK’s FTSE 100 rose on Friday, outperforming several global markets amid a broader risk-off sentiment, as investors found reassurance in fresh data indicating that inflationary pressures linked to the Middle East conflict may be less severe than previously feared. The blue-chip FTSE 100 index gained 0.45% by 12:48 pm GMT, while the mid-cap FTSE
US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across semiconductor stocks. The Dow Jones Industrial Average was up 20 points while the S&P 500 fell about 0.6%, and the Nasdaq Composite dropped 1.07%. The market reaction followed fresh labor market data
Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance, deepening investor concerns about the pace of its turnaround efforts. The stock dropped nearly 9% in early trading after the company projected flat to slightly lower revenue for the full year. The
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results drew a fresh round of bullish commentary from Wall Street analysts. The stock rose more than 7% in trading, putting it on track for its biggest single-day gain since the company’s initial
US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were also closely watching rising geopolitical tensions in the Middle East and the release of fresh US economic data. The S&P 500 fell about 0.28%, while the Nasdaq Composite dropped roughly 1%. The
Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered and one of the cryptocurrency industry’s most outspoken supporters, has reaffirmed his forecast that bitcoin will reach $100,000 by the end of next year despite a sharp market downturn that he described as a difficult period for digital assets. Kendrick’s comments came after a
Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical tensions and supply chain disruptions. The Singapore-headquartered commodities trader announced its half-year results on 4 June 2026, showcasing broad-based contributions across its major divisions. Strong
India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in oil supplies from the Middle East caused by the ongoing Gulf crisis. Venezuela’s interim President Delcy Rodríguez visited India this week, holding high-level talks with Prime Minister Narendra Modi on Thursday. The
Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest
The Zcash network experienced a halt lasting roughly three to four hours, according to blockchain status observations reported on June 3, 2026. But despite this disruption, the price has held firm, with ZEC trading around $619.05 at press time, showing a 6.29% gain in the 24 hours and maintaining a tight range between $560.69 and