Stock Research

The UK’s benchmark FTSE 100 index edged lower on Friday as renewed tensions in the Gulf unsettled global markets, while investors also assessed early local election results that showed heavy losses for Prime Minister ⁠Keir Starmer’s Labour Party. The blue-chip FTSE 100 index fell 0.1% to 10,261.38 points by 0947 GMT and was on track… Continue reading London stocks slip as Middle East ceasefire doubts hit sentiment

Amazon’s cloud computing division experienced an outage at one of its northern Virginia data centre zones on Thursday, disrupting services for several major platforms, including cryptocurrency exchange Coinbase and derivatives marketplace CME Group. While it was not immediately clear whether the issues affecting AWS and CME were directly connected, Coinbase confirmed that problems on its… Continue reading Amazon cloud outage impacts crypto and derivatives trading services

Titan Company Ltd reported fourth-quarter profit below market expectations on Tuesday, as rising costs offset strong demand for gold ornaments and coins during the quarter ended March 31. The company, which operates jewellery brands including Tanishq and CaratLane, posted a profit of 11.79 billion rupees ($124.60 million), compared with 8.71 billion rupees reported a year… Continue reading Titan reports lower-than-expected Q4 profit amid higher gold prices

China’s software sector is likely to emerge as a major beneficiary of the rapid adoption of artificial intelligence, according to analysts at HSBC, who said concerns that AI could undermine traditional software firms now appear overdone. In a research note released Thursday, HSBC analysts Yiran Liu and Heng Zhang argued that fears surrounding large language… Continue reading HSBC says China software stocks will benefit from AI adoption: here’s top picks

RBC Capital Markets raised its year-end target for the S&P 500 on Friday, citing resilient earnings growth and continued strength in artificial intelligence-linked sectors. The Canadian brokerage increased its target for the benchmark index to 7,900 from 7,750. The revised forecast implies a 7.7% upside from Thursday’s closing level of 7,335.66. The move comes as… Continue reading RBC lifts year-end S&P 500 forecast as AI sectors fuel rally

European shares traded lower on Friday as escalating tensions between the United States and Iran pushed oil prices higher and weakened hopes for a near-term diplomatic resolution to the conflict. The pan-European STOXX Europe 600 fell 0.8% to 611.69 points as of 0703 GMT. Major regional indexes also moved lower, with Germany’s DAX down 0.9%… Continue reading European markets slide amid rising oil prices and tariff concerns

Asian stock markets eased slightly on Friday after a week of strong gains driven by chipmakers and artificial intelligence-linked stocks, while oil prices surged following renewed military exchanges between the United States and Iran. MSCI’s broadest index of Asian shares outside Japan fell 0.8%, though the regional benchmark still remained near record highs after a… Continue reading Asian stock markets dip as geopolitical risks weigh on investors

Nvidia and IREN announced a strategic partnership on Thursday aimed at accelerating the deployment of next-generation artificial intelligence infrastructure, as global demand for computing power continues to surge. As part of the agreement, Nvidia will gain the right to invest up to $2.1 billion in IREN through a five-year option to purchase up to 30… Continue reading Nvidia to invest up to $2.1 billion in IREN AI infrastructure deal

The S&P 500 slipped on Thursday after briefly touching a fresh all-time intraday high, as oil prices rebounded from earlier losses. Investors continued to monitor developments surrounding potential negotiations between the United States and Iran. The benchmark index fell 0.4%, pressured by declines in technology and semiconductor stocks, including Amazon, Broadcom and Micron Technology. The… Continue reading S&P 500 slips from record high as oil rebounds