The FTSE 100 Index pulled back for three consecutive days as companies exposed to the ongoing US-Iran war slipped and as the UK published a strong inflation report. It also dropped as market participants waited for the upcoming UK corporate earnings. It has dropped by over 2% from its highest point this week. UK inflation… Continue reading FTSE 100 Index retreats ahead of Lloyds, Barclays, Natwest, GSK earnings
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USD/BRL forecast: here’s why the Brazilian real is soaring
The Brazilian real has embarked on a strong bull run that has pushed it to the highest level since March 2024. The USD/BRL pair has plunged by over 21% from its highest point in December of 2024. So, what next for the Brazilian currency? Why the Brazilian real has soared There are a few reasons… Continue reading USD/BRL forecast: here’s why the Brazilian real is soaring
Diet Coke shortage in India has a surprising Iran war link: here’s how
Diet Coke is becoming increasingly hard to find across parts of India, as supply disruptions triggered by the Iran war strain the availability of aluminium cans, colliding with a sharp rise in demand for sugar-free beverages in the country. The shortage stems from delays in aluminium shipments from the Gulf, which accounts for around 9%… Continue reading Diet Coke shortage in India has a surprising Iran war link: here’s how
Tesla Q1 earnings: 10 bold predictions Elon Musk made on what comes next
Tesla’s first-quarter 2026 results gave investors a familiar mix of hard numbers and harder-to-price ambition. Revenue came in at $22.39 billion, net income attributable to common shareholders was $477 million, adjusted EPS was 41 cents, and free cash flow reached $1.44 billion. Deliveries totaled 358,023 vehicles, while capital spending already rose to $2.49 billion in… Continue reading Tesla Q1 earnings: 10 bold predictions Elon Musk made on what comes next
Man Group assets flat in Q1 as client pulls $6.1B
Shares of Man Group declined on Thursday after the hedge fund disclosed that a client withdrew $6.1 billion from one of its strategies in the first quarter. The outflow contributed to stagnation in the firm’s total assets under management during the period. The London-listed company’s shares dropped as much as 7% in early trading before… Continue reading Man Group assets flat in Q1 as client pulls $6.1B
HSBC downgrades Indian equities to Underweight as oil surge hits markets
Indian equities came under renewed pressure after HSBC downgraded its stance on the market to underweight, warning that a surge in oil prices linked to the Middle East conflict could derail the country’s earnings recovery and dampen investor sentiment. The downgrade, the brokerage’s second in less than a month, reflects growing concern that rising energy… Continue reading HSBC downgrades Indian equities to Underweight as oil surge hits markets
Univity raises €27M to build Europe’s biggest satellite network
Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a €27 million ($32 million) funding round. The company aims to launch thousands of satellites and position itself as Europe’s largest satellite operator. The Series A funding round, combined with a €31 million contract from the French space agency,… Continue reading Univity raises €27M to build Europe’s biggest satellite network
Nestle surpasses Q1 expectations as coffee and food sales rise
Nestle reported better-than-expected first-quarter sales growth on Thursday, supported by increased demand for its coffee and pet food products. The world’s largest packaged food company saw stronger volumes and stable pricing contribute to the performance. Organic sales, which exclude the impact of currency fluctuations and acquisitions, rose 3.5% in the three months ended March. This… Continue reading Nestle surpasses Q1 expectations as coffee and food sales rise
Cheapest ‘Magnificent 7’ stock revealed ahead of Big Tech earnings
“Magnificent Seven” stocks are in focus as we approach a pivotal week for the US stock market, with five of them (MSFT, AMZN, AAPL, META, and GOOGL) slated to report their Q1 earnings. These mega-cap names will offer valuable insights not just into the health of the tech sector – but the broader economy as… Continue reading Cheapest ‘Magnificent 7’ stock revealed ahead of Big Tech earnings
