Rheinmetall falls on earnings miss but Ukraine, Iran wars boost sales outlook

Shares of Germany’s largest defence contractor Rheinmetall fell by about 5.75% on Wednesday after the company reported strong revenue growth and record operating profit for 2025 but failed to meet market expectations. The company said sales rose 29% year-on-year to 9.935 billion euros, driven by surging demand for defence equipment amid escalating geopolitical tensions. Operating… Continue reading Rheinmetall falls on earnings miss but Ukraine, Iran wars boost sales outlook

Dow Jones futures today: investors brace for US CPI amid war uncertainty

Dow Jones futures were in the red today, March 11, as traders waited for the upcoming US inflation data and as they focused on the ongoing war in Iran. It retreated to $47,600x, down by 6.12% from the highest point this year. Dow Jones futures drops ahead of US Inflation report The US stock market… Continue reading Dow Jones futures today: investors brace for US CPI amid war uncertainty

Legal & General share price dipped after earnings, buyback: buy the dip?

Legal & General share price retreated by over 5% on Wednesday, even after the company published strong financial results and a buyback. LGEN dropped to 245p, its lowest level since December last year, down by 13% from its highest point this year.  Legal & General raised buyback as revenue jumped  LGEN,  a top British insurer… Continue reading Legal & General share price dipped after earnings, buyback: buy the dip?

Morning brief: Asia stocks rise, Trump unveils US refinery

On Wednesday, Oil prices fluctuated as policymakers discussed emergency measures to stabilize energy markets, while Asian equities rebounded after a brief retreat in crude prices. At the same time, US President Donald Trump announced plans for the first new American oil refinery in five decades, and disruptions to Qatar’s LNG exports raised concerns about tighter… Continue reading Morning brief: Asia stocks rise, Trump unveils US refinery

Trump says Reliance to back first new US oil refinery in 50 years

US President Donald Trump said the United States will see its first new oil refinery built in five decades, backed by investment linked to India’s Reliance Industries. Trump announced the project in a post on Truth Social, saying the refinery will be located in Brownsville, Texas, and developed by America First Refining. “I am proud… Continue reading Trump says Reliance to back first new US oil refinery in 50 years

Oracle stock is offering its AI future for free today: find out more

D.A. Davidson’s senior analyst Gil Luria continues to see Oracle (NYSE: ORCL) as exceptionally cheap at about 25x forward earnings, despite an 8% rally after Q3 earnings late on Tuesday. Oracle came in handily above Street estimates in its third financial quarter and cited solid artificial intelligence (AI) tailwinds as it guided for a better-than-expected… Continue reading Oracle stock is offering its AI future for free today: find out more

Here’s why the ASX 200 Index and AUD/USD are rising this week

The Australian dollar, local bonds, and the ASX Composite are rising this month as the country becomes an unusual haven among investors.  The AUD/USD exchange rate jumped to its highest point since 2022, while the ten-year government bond yields dropped from this week’s high of 5% to the current 4.80%.  Similarly, the ASX 200 Index,… Continue reading Here’s why the ASX 200 Index and AUD/USD are rising this week

Oracle Q3 earnings are in, and cloud numbers are hard to ignore

Oracle has given Wall Street a turbulent ride over the past six months. The stock surged 36% after its first-quarter results, only to tumble 12% following the second quarter, even though revenue beat expectations. Now, with third-quarter results released after Tuesday’s close, Oracle is making its case again. Early signs suggest the market is listening,… Continue reading Oracle Q3 earnings are in, and cloud numbers are hard to ignore

US stocks close mixed as Nvidia, Intel rally keeps chip trade alive

After a dramatic Monday, when US stocks witnessed some sharp swings, the markets calmed down on Tuesday with the indices trading in the flat territory. Tuesday seemed all about consolidating gains, watching data, and waiting. The Dow Jones Industrial Average closed 34 points down at 47,706.51, while the S&P 500 index closed at 6,781.50, 0.21%… Continue reading US stocks close mixed as Nvidia, Intel rally keeps chip trade alive