May 12, 2025 6:48 am
Key Moments: US stock futures advanced on Monday, buoyed by optimism around US-China trade discussions. Nasdaq 100 futures jumped 2.06%, while Dow along with S&P 500 e-minis rose over 1%. Fed rate cut expectations for June declined to 17%. Markets Propelled by Trade Talk Optimism US equity futures moved higher on Monday, fueled by signs […]
Read moreMay 9, 2025 2:52 pm
Key Moments: The Nasdaq Composite fluctuated on Friday, briefly losing ground to 17,921. The Dow Jones Industrial Average, along with the S&P 500, enjoyed initial upward momentum, but both indices have since declined. Tesla jumped 5.13% higher, and several other mega-caps edged higher. Losses Contrast Recent Rally US equities began Friday with positive momentum as […]
Read moreMay 9, 2025 12:31 pm
Key Moments: The FTSE 100 rose 0.46% on Friday, building on recent momentum. BP PLC surged over 4% following reports of takeover interest from major energy competitors. International Consolidated Airlines gained around 2% after announcing better-than-expected Q1 results and reaffirming its 2025 outlook. Trade Talk Optimism Boosts Markets UK equity markets saw gains on Friday […]
Read moreMay 9, 2025 9:30 am
The Shanghai Composite Index dipped 0.3% on Friday, while the CSI 300 slipped 0.2%. The chip sector felt pressure as Hua Hong Semiconductor Limited’s stocks dropped nearly 10% after an earnings miss. Hong Kong’s benchmark index ended the session with a climb of 0.4%. China Stocks Retreat as US Trade Talks Loom, Tech Hit Hard […]
Read moreMay 9, 2025 6:55 am
Key Moments: Aston Martin shares advanced 13.86% after the anticipated US-UK trade deal reduced tariffs on British-made vehicles. Rolls-Royce Holdings stock also rose, climbing 3.66% as its aerospace exports were exempted from US levies. The agreement capped a 10% tariff on the first 100,000 UK cars exported to the United States annually. Market Reaction to […]
Read moreMay 8, 2025 2:02 pm
Key Moments: Coinbase has agreed to acquire Deribit in a $2.9 billion deal combining cash and stock. Coinbase aims to strengthen its global reach in the crypto derivatives space. The crypto giant’s shares rose sharply following the disclosure, jumping 5.63% on Thursday. Coinbase Sets Sights on Offshore Derivatives Expansion Coinbase Global has agreed to purchase […]
Read moreMay 8, 2025 11:58 am
Key Moments: Shopify projected second-quarter revenue growth in the mid-twenties percentage range, exceeding average estimates of 22.4%. Gross profit is expected to rise at a high-teen percentage rate. This forecast fell short of analysts’ expectations of a 20.2% increase. Shopify’s US shares declined more than 9% during pre-market hours. Shopify Sets Optimistic Tone for Q2 […]
Read moreMay 8, 2025 10:38 am
Infineon Technologies trimmed its full-year revenue outlook due to concerns relating to global tariffs. The forecast cut did not affect investor confidence, as the company’s shares appreciated by 4% on Thursday. According to JP Morgan, the updated guidance remained consistent with the expected figures. Guidance Cut Reflects Tariff-Driven Uncertainty Infineon Technologies, a major semiconductor manufacturer […]
Read moreMay 8, 2025 9:47 am
Key Moments: The Pakistan Stock Exchange closed for one hour on Thursday due to overwhelming negative sentiment. The sell-off resumed upon its reopening, with Pakistan’s benchmark KSE 100 shedding around 8.400 basis points, while the KSE 30 plummeted by more than 7%. Pakistan’s military reported downing 12 drones from India after cross-border airstrikes Market Disruption […]
Read moreMay 8, 2025 7:49 am
Key Moments: President Trump has scheduled a press conference to announce a major trade deal, widely expected to be with the UK. The UK and US have been engaged in intense negotiations since February, with potential tariff cuts on autos and steel reportedly on the horizon. The FTSE 100 rose on early Thursday, gaining 0.2%. […]
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