Snap stock rises on plan to cut 1,000 jobs and $500 million costs

Snap Inc. said on Wednesday it would lay off about 1,000 employees, or roughly 16% of its full-time workforce, as the social media company moves to streamline operations under pressure from an activist investor and a challenging advertising environment. Shares rose nearly 7% in premarket trading, even as the stock remains down about 31% so… Continue reading Snap stock rises on plan to cut 1,000 jobs and $500 million costs

Morgan Stanley flags 2 stocks with most upside potential in 2026

Wall Street’s latest bullish turn is becoming more selective. As US stocks push back toward record territory after absorbing a bruising spell of geopolitical anxiety, Morgan Stanley is steering investors away from blanket optimism. The bank is highlighting names where it sees a clearer mismatch between market sentiment and underlying business strength. That is the… Continue reading Morgan Stanley flags 2 stocks with most upside potential in 2026

Dow futures muted as Iran tensions loom: 5 things to know

US stock index futures were little changed on Wednesday as investors weighed hopes of renewed diplomacy between Washington and Tehran against escalating US measures targeting Iran’s maritime trade. The steadier tone in futures suggested Wall Street was willing to look through the latest geopolitical shock for now. The mood was cautious rather than outright bullish.… Continue reading Dow futures muted as Iran tensions loom: 5 things to know

Lloyds share price is pumping: here’s why it has more room to run

Lloyds share price has staged a major comeback and is slowly nearing its highest point this year as British stocks join the broader stock market rally. The stock surged to 103p, up sharply from the year-to-date low of 85p, and signs are that the bull run has more room to run. Lloyds Bank stock has… Continue reading Lloyds share price is pumping: here’s why it has more room to run

Here’s why the Rolls-Royce share price is soaring today and what next

Rolls-Royce share price has held steady in the past few days as concerns about the civil aviation industry have eased modestly, signaling that the impact of the travel disruptions will not be as severe as expected. RR stock jumped to 1,315p on Tuesday, ups sharply from the year-to-date low of 1,080p. Rolls-Royce share price jumps… Continue reading Here’s why the Rolls-Royce share price is soaring today and what next

Foreign investors pull back as FX curbs hit Indian bonds, equities

India’s foreign exchange restrictions have made it costlier and more complex for overseas investors to hedge against rupee volatility, which has reduced the attractiveness of Indian bonds. At the same time, a war-driven hit to earnings prospects is adding fresh pressure on equities. Steps taken by the Reserve Bank of India to stabilise the rupee,… Continue reading Foreign investors pull back as FX curbs hit Indian bonds, equities

Is your hedge fund portfolio less diversified than you think?

BlackRock is urging investors to look beyond headline returns and pay closer attention to how hedge fund gains are being generated, according to a report released late last week. The core message is simple: in a market being reshaped by artificial intelligence, geopolitics and fast-moving capital flows, diversification across multiple hedge fund strategies matters more… Continue reading Is your hedge fund portfolio less diversified than you think?

India’s Libas eyes IPO by early next year but flags market volatility risk

Indian ethnic wear retailer Libas is aiming to go public by early next financial year, but the timing of its market debut may slip if equity markets remain volatile. The company is also stepping up store expansion, weighing a potential private equity round and assessing how geopolitical tensions, including the US-Iran conflict, could affect sentiment… Continue reading India’s Libas eyes IPO by early next year but flags market volatility risk

Why KKR is pouring $820M into Samsung Group stocks despite risks?

KKR is making an $820 million bet on Samsung SDS at a moment when markets are still debating how much of the AI boom will translate into durable profits. However, the deal, announced on Wednesday, appears far more measured than it might seem at first, with KKR opting to invest through newly issued convertible bonds… Continue reading Why KKR is pouring $820M into Samsung Group stocks despite risks?