The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project backed by Oracle and OpenAI. Billed as a $500 billion bet on the future of AI computing, the plan envisioned building enormous facilities packed with Nvidia chips to power the next wave of advanced AI… Continue reading Who wins as Oracle, OpenAI’s $500B Stargate project stalls?
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FTSE 100 Index today: BP, Shell shares jump as most constituents slump
The FTSE 100 Index tumbled for the third consecutive day, reaching its lowest level since January 20. It retreated by over 7% from its highest point this year and is nearing its correction zone by falling by 10% from the year-to-date high. The Footsie Index retreat mirrored that of the other global indices, which continued… Continue reading FTSE 100 Index today: BP, Shell shares jump as most constituents slump
Rolls-Royce share price sinks into a correction: will it rebound to 1,500p?
Rolls-Royce share price has sunk into a technical correction after falling by 11% from its highest level this year as London companies retreat. The stock retreated to 1,295p on Friday, down sharply from the year-to-date high of 1,420p. This article explores whether it is safe to buy the current dip. Why the Rolls-Royce share price… Continue reading Rolls-Royce share price sinks into a correction: will it rebound to 1,500p?
Iran war raises risk of US stock market meltdown, Ed Yardeni warns
US equities face rising downside risks as the escalating war in Iran disrupts global markets and fuels inflation concerns, according to veteran market strategist Ed Yardeni. In his latest outlook, Yardeni increased the probability of a market meltdown this year to 35%, up from 20% previously. At the same time, he sharply lowered the chances… Continue reading Iran war raises risk of US stock market meltdown, Ed Yardeni warns
Morning brief: Oil surges toward $120, Asian markets tumble
Global financial markets opened the week under heavy pressure as the escalating conflict in the Middle East triggered a sharp surge in oil prices and rattled investor confidence worldwide. Asian equities fell steeply, the US dollar strengthened as investors sought liquidity, and cryptocurrencies retreated amid a broader risk-off mood. The closure of the Strait of… Continue reading Morning brief: Oil surges toward $120, Asian markets tumble
Two must-own China stocks poised to rally on higher oil prices
The escalating US-Iran war has sent shockwaves through global energy markets, turning the Strait of Hormuz into a volatile chokehold. With about one-fifth of the world’s petroleum liquids at risk, Brent crude futures recently soared 24% in a single day– the most dramatic surge since the 2020 pandemic lockdowns. As supply uncertainty persists, Goldman Sachs… Continue reading Two must-own China stocks poised to rally on higher oil prices
Nikkei 225 Index is imploding today: will it rebound soon?
Japan stocks plummeted on Monday as investors embraced a risk-off sentiment amid the ongoing crisis in the Middle East. The blue-chip Nikkei 225 Index dropped by over 7%, reaching its lowest level since January 9 this year. It has moved into a correction after falling by over 10% from its highest point this year. Nikkei… Continue reading Nikkei 225 Index is imploding today: will it rebound soon?
Indian paint stocks slump as crude surge, weak demand hit margins
Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy… Continue reading Indian paint stocks slump as crude surge, weak demand hit margins
How Iran Israel conflict is shaking Middle East airlines, global tourism
The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the… Continue reading How Iran Israel conflict is shaking Middle East airlines, global tourism
