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US megacap technology stocks, long the driving force behind a bull run spanning more than three years, are undergoing a sharp valuation reset as a mix of geopolitical tensions, rising yields, and questions around artificial intelligence spending weigh on sentiment. The pullback has intensified in recent weeks, with the sector already under pressure before the… Continue reading As US tech stocks fall on AI and war fears, are valuations attractive now?

As Dow Jones slides into the “correction territory” and the benchmark S&P 500 index logs its fifth consecutive week of losses, investors are increasingly desperate for a port in the storm. According to Barclays’ senior analyst Andrew Ferremi, the market has shifted into a new, volatile era where geopolitical tensions, oil price spikes, and AI-driven… Continue reading Barclays names top 4 defensive stocks to weather global uncertainty

US stocks rose on Tuesday, as investors responded positively to signs of potential de-escalation in the Middle East conflict, even as oil prices remained elevated and broader market risks persisted. The Dow Jones Industrial Average climbed 380 points or 0.8%, while the S&P 500 and Nasdaq 100 also advanced more than 1%. The gains followed… Continue reading Dow Jones jumps 380 points as Iran de-escalation hopes lift stocks

Novo Nordisk cut prices for its diabetes and weight-loss injections Ozempic and Wegovy in India on Tuesday, marking a second reduction aimed at countering cheaper local generics. The company lowered list prices by up to 36% for Ozempic and up to 48% for Wegovy, with the move following the March 20 expiry of India’s patent… Continue reading Novo cuts Ozempic, Wegovy prices up to 48% as generics surge

AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based company stated that the facility, situated in Lappeenranta near the Russian border, is being developed by its Finnish partner, Polarnode, and is expected to come online in phases starting in 2027. Valued… Continue reading Nebius stock gains 4.5% on plans to build $10B Finland data centre

Bulgaria is poised to become the first European Union member state to introduce a dedicated support scheme for energy-intensive industries, aiming to shield firms from elevated power costs stemming from the energy crisis triggered by the war in Iran. Energy Minister Traicho Traikov said the programme is in the final stage of European Commission approval… Continue reading Bulgaria to launch first EU support scheme for energy-heavy industry

Beiersdorf stock’s long slump has finally been enough to make one major broker step back from its bearish stance. UBS upgraded the German skincare and consumer-goods group to “neutral” from “sell” on Tuesday. The analysts argued that after a two-year share-price slide, the valuation now looks far less demanding. But the move was hardly a… Continue reading Is Beiersdorf stock a buy after 44% crash? UBS upgrade offers key signals