The UK’s main stock indices moved higher on Friday, positioning themselves for weekly gains as investors turned their attention to an upcoming US inflation reading and geopolitical developments in the Middle East. The blue-chip FTSE 100 rose 0.3% by 1140 GMT, marking its third consecutive week of gains. Meanwhile, the midcap FTSE 250 outperformed with
ServiceNow (NYSE: NOW) plunged 6% on April 10 after senior UBS analyst Karl Keirstead issued a bearish note on the Santa Clara-headquartered software giant. Citing a material shift in enterprise spending priorities, Keirstead downgraded NOW this morning to “neutral” and slashed his price target sharply to $100. The dovish call comes as a major blow
In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months. Nimble secured $47 million in
Tokenized assets on the BNB Chain have surged to a record $16.6 billion, reflecting accelerating institutional adoption and strengthening fundamentals, as BNB’s price consolidates with a cautiously bullish medium‑term outlook. The BNB Chain has seen tokenized assets on the network reach an all-time high, highlighting the network’s growing role in on-chain finance and real-world asset
German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter
Shares of Intel extended gains for a seventh consecutive session on Thursday after the chipmaker announced an expanded collaboration with Google to develop next-generation processors for artificial intelligence data centers. The stock rose about 3% in morning trading, building on a powerful rally that has seen shares climb 47.5% over the current seven-session streak. If
Tesla shares attempted another rebound on Thursday but failed to sustain momentum, slipping about 1% after opening higher. The initial gains followed reports that the company is considering a new electric vehicle. However, the reaction faded quickly, reflecting continued investor caution. New EV plans fail to excite investors Tesla is exploring an all-new electric vehicle,
US stocks surged on Wednesday after a surprise two-week ceasefire agreement between the United States and Iran eased geopolitical tensions and sent oil prices sharply lower, boosting risk appetite across global markets. The announcement, made just hours before US President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, triggered a broad “risk-on”
Microsoft stock has crashed into a technical bear market after plunging from $550 to the current $372. This retreat has coincided with the ongoing sell-off in software stocks and as concerns about its massive capital expenditure continues. So, will the stock rebound now that it has become a bargain? Microsoft stock has plunged amid AI
Shares of Delta Air Lines surged sharply in early Wednesday trading, lifted by stronger-than-expected earnings and optimism following a two-week cease-fire agreement between the US and Iran that sent oil prices tumbling. The stock jumped more than 11% after the market opened, putting it on track for one of its strongest single-day gains in over