US stock futures edged higher on Friday as investors headed into the final session of the week hoping the worst of the Middle East shock may be passing, even if the market is not yet prepared to trade as though the crisis is over. Wall Street has been supported this week by record closes and… Continue reading Dow futures climb 175 points: 5 things to know before market opens
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London’s FTSE 100 dips as utilities and miners drag index
The UK’s benchmark FTSE 100 index slipped on Friday, pressured by declines in utilities and mining stocks. The index was also on track to break its three-week winning streak. The FTSE 100 fell 0.1% to 10,581.06 points. In contrast, the midcap FTSE 250 index rose 0.1%, putting it on course for a third consecutive week… Continue reading London’s FTSE 100 dips as utilities and miners drag index
What’s behind Apple’s strong iPhone growth in China market?
Apple recorded a robust 20% increase in iPhone shipments in China during the first quarter, outperforming the wider market, as per Counterpoint Research data, cited in a Reuters report. The company’s performance stood in contrast to a slowdown across the sector, as rising memory chip prices and supply chain disruptions weighed on total smartphone shipments… Continue reading What’s behind Apple’s strong iPhone growth in China market?
Is Uber stock a buy after its bold $318M European expansion bet?
Uber has made a small deal with a big message for investors. The company is buying a 4.5% stake in German food-delivery group Delivery Hero for about €270 million, or roughly $318 million, by acquiring 13.6 million shares from Prosus at €20 each. The timing matters as Prosus is selling the stake to satisfy European… Continue reading Is Uber stock a buy after its bold $318M European expansion bet?
Top FTSE 250 and FTSE 100 shares to watch: LSEG, Sainsbury’s, ASOS
The FTSE 100 Index rally stalled this week, even as its US counterparts soared to a record high amid falling fears of the ongoing Iran war. It was trading at £10,600, up sharply from the year-to-date low of £9,690. Similarly, the FTSE 250 Index jumped to £22,920, its highest point since February. This article explores… Continue reading Top FTSE 250 and FTSE 100 shares to watch: LSEG, Sainsbury’s, ASOS
Crypto rally today: Top reasons Bitcoin and altcoins are going up
The crypto market is going up, with Bitcoin and top altcoins remaining in the green in the past few weeks. Bitcoin jumped to $75,000 while top tokens like RaveDAO, Memecore, Siren, and Celestia have jumped by double digits. This article looks at some of the reasons behind the crypto rally. Crypto rally happening as traders… Continue reading Crypto rally today: Top reasons Bitcoin and altcoins are going up
Wipro stock plunges 3%: is Indian IT stuck in a slow-growth trap?
Wipro stock fell after the Indian IT services company issued a weak revenue outlook for the upcoming quarter, reviving investor concerns about demand, execution and the pace of any recovery in the sector. The softer guidance suggests clients remain cautious, particularly among banking and financial services customers in key overseas markets, while the conversion of… Continue reading Wipro stock plunges 3%: is Indian IT stuck in a slow-growth trap?
Solana price at risk as key network metrics drops, ETF inflows slow
Solana price has moved sideways in the past few months as activity in the network slowed and the crypto winter continued. SOL token has remained inside the narrow range between $75 and $93 since the first week of February this year. It is stuck in a deep bear market after falling from last year’s high… Continue reading Solana price at risk as key network metrics drops, ETF inflows slow
Why are foreign investors rushing back into South Korea right now?
Foreign investors are returning to South Korea’s markets after a brutal March sell-off, drawn back by a sharp rebound in equities and growing demand for the country’s bonds ahead of its inclusion in a major global debt index. The shift marks an important test for Seoul’s markets: whether a recovery driven by technology optimism and… Continue reading Why are foreign investors rushing back into South Korea right now?