Morning brief: Asian stocks rise after BOJ decision, TikTok seals US deal

Asian markets advanced on Friday after the Bank of Japan kept interest rates unchanged, while a weaker US dollar pushed gold and silver to fresh records. The session unfolded against a backdrop of major geopolitical and corporate developments, including a landmark US deal for TikTok, political uncertainty in Japan after a snap election call, and… Continue reading Morning brief: Asian stocks rise after BOJ decision, TikTok seals US deal

Capital One to buy stablecoin fintech Brex for $5.15B in cash-and-stock deal

Capital One Financial Corp. has agreed to acquire fintech startup Brex in a deal valued at $5.15 billion, the transaction was disclosed on Thursday. Under the terms of the agreement, Capital One will pay 50% in cash and 50% in stock. Brex was previously valued at $12.3 billion, highlighting the valuation reset that has swept… Continue reading Capital One to buy stablecoin fintech Brex for $5.15B in cash-and-stock deal

What’s driving AMD stock higher on Wednesday?

Advanced Micro Devices Inc (NASDAQ: AMD) are pushing meaningfully higher on Wednesday as investors await the chipmakers’ earnings on February 2nd. They’re cheering AMD this morning also because the multinational added KC McClure, the chief of finance at Accenture, to its board of directors this week. Following today’s rally, AMD stock is up roughly 25%… Continue reading What’s driving AMD stock higher on Wednesday?

Evening digest: Bitcoin bleeds below $88K, Trump’s Davos speech, JPMorgan’s big warning

Wednesday came with a a fast-spreading shockwave across geopolitics, markets, and human rights. Donald Trump ignited transatlantic tensions by declaring the US Greenland’s sole guardian, triggering EU retaliation. At Davos, Jamie Dimon torched a proposed credit-card rate cap as economically ruinous. Meanwhile, Amnesty International detailed Iran’s lethal crackdown on bystanders, and global risk aversion sent… Continue reading Evening digest: Bitcoin bleeds below $88K, Trump’s Davos speech, JPMorgan’s big warning

Netflix stock slips 5% after earnings: why analysts are cutting targets

Netflix shares were down around 5% on Wednesday after the company’s fourth-quarter update, making the streaming giant one of the worst performers in the S&P 500. Revenue rose 18% year over year in Q4, supported by membership gains, higher pricing and stronger advertising. Netflix reported earnings of 56 cents per share on revenue of $12.05… Continue reading Netflix stock slips 5% after earnings: why analysts are cutting targets

Europe bulletin: FTSE 100 flat as inflation rises, EU freezes Mercosur deal, NCC sells Escode

Markets and geopolitics collided on Wednesday as European assets struggled to find direction. The FTSE 100 stalled despite pockets of strong earnings, while intensifying trade tensions linked to President Donald Trump and Greenland rattled banks and industrials. Sticky UK inflation further clouded the Bank of England policy outlook, even as dealmaking, trade disputes, and tariff… Continue reading Europe bulletin: FTSE 100 flat as inflation rises, EU freezes Mercosur deal, NCC sells Escode

TotalEnergies sees EU softening aviation fuel rules after car ban u-turn

TotalEnergies CEO Patrick Pouyanne predicted a potential backtrack by the European Union on its sustainable aviation fuel (SAF) mandate on Wednesday, suggesting the bloc might dilute the requirement in a move mirroring its recent decision to abandon the proposed 2035 ban on new combustion-engine cars. The European Union has taken a significant step toward decarbonising… Continue reading TotalEnergies sees EU softening aviation fuel rules after car ban u-turn

OpenAI seeks $50B funding round in Middle East at up to $830B valuation

OpenAI Chief Executive Officer Sam Altman has been meeting with major investors in the Middle East to line up funding for a massive new investment round that could total at least $50 billion, according to reports from Bloomberg and CNBC. The discussions underscore the scale of capital OpenAI is seeking as it races to build… Continue reading OpenAI seeks $50B funding round in Middle East at up to $830B valuation

EU has $8 trillion leverage over US as Trump threatens new tariffs

European capitals are weighing their response to President Donald Trump’s latest tariff threat, this time tied to his controversial push to acquire Greenland. While the White House has signaled duties of about 10% on eight NATO allies beginning February 1st, analysts warn the real battle may not be fought at the ports but in the… Continue reading EU has $8 trillion leverage over US as Trump threatens new tariffs