Dow Jones rises 96 points as Iran tensions keep Wall Street cautious

Wall Street’s main indexes were muted on Monday, as stalled peace talks between the United States and Iran and rising oil prices kept investors cautious ahead of a crucial week for earnings and monetary policy. The S&P 500 slipped about 0.04%, while the Nasdaq Composite declined 0.28%. On the other hand, Dow Jones Industrial Average… Continue reading Dow Jones rises 96 points as Iran tensions keep Wall Street cautious

Big Tech shifts to new energy sources amid AI expansion

Big Tech is entering an intensifying race to secure reliable, long-term energy as the rapid expansion of artificial intelligence drives an unprecedented surge in data centre power demand. This is forcing companies to lock in everything from nuclear and geothermal to experimental sources such as fusion and even space-based solar. Against this backdrop, Meta Platforms… Continue reading Big Tech shifts to new energy sources amid AI expansion

Shell to buy ARC Resources for $13.6B to boost reserves, output

Shell Plc has agreed to acquire Canadian energy producer ARC Resources Ltd. in a deal valued at about $13.6 billion, as the oil major looks to strengthen its reserves base and expand production. The transaction, which also includes the assumption of roughly $2.8 billion in debt, values ARC at a premium to its recent trading… Continue reading Shell to buy ARC Resources for $13.6B to boost reserves, output

Nvidia is quietly betting 8% of its portfolio on this $10 stock

Nvidia’s (NASDAQ: NVDA) latest 13F suggests the chipmaker is making a much bigger statement with Nokia than a casual portfolio footnote. In the filing submitted in February, Nvidia disclosed five equity holdings worth $13.1 billion in total, including 166.389 million Nokia ADRs valued at $1.0765 billion. That puts Nokia at about 8.2% of Nvidia’s reported… Continue reading Nvidia is quietly betting 8% of its portfolio on this $10 stock

FTSE 100 edges higher as energy stocks offset consumer losses

London’s benchmark FTSE 100 index edged higher on Monday, supported by gains in energy and financial stocks, while losses in consumer staples and mining sectors limited broader upside. Investors remained cautious ahead of major central bank decisions expected later this week. The blue-chip FTSE 100 index rose 0.2% to 10,393.85 points by 1005 GMT. The… Continue reading FTSE 100 edges higher as energy stocks offset consumer losses

Domino’s stock falls as sales miss signals consumer strain

Domino’s Pizza reported weaker-than-expected same-store sales for the first quarter, highlighting the growing strain on discretionary spending as inflation and economic uncertainty weigh on consumers. Shares of the company fell nearly 4% in premarket trading after US same-store sales rose just 0.9%, missing analysts’ expectations of a 2.72% increase, according to LSEG data. Internationally, same-store… Continue reading Domino’s stock falls as sales miss signals consumer strain

Coca-Cola earnings preview: revenue seen rebounding, defense holds

Coca-Cola is scheduled to report its quarterly results on Tuesday before the market opens, with investors closely watching whether the beverage giant can sustain its pricing-led growth strategy while navigating a more challenging consumer environment. The company enters the earnings release following a weaker-than-expected previous quarter, where it posted revenue of $11.8 billion marking a… Continue reading Coca-Cola earnings preview: revenue seen rebounding, defense holds

China blocks Meta’s $2 billion Manus AI deal amid tech concerns

China has moved to block Meta Platforms Inc.’s planned $2 billion acquisition of agentic AI startup Manus, in a surprise decision that effectively unwinds a deal already close to completion. The intervention marks a significant escalation in Beijing’s oversight of strategic technology transactions, particularly those involving artificial intelligence and cross-border investment. Regulator orders cancellation of… Continue reading China blocks Meta’s $2 billion Manus AI deal amid tech concerns

Dow futures plunge sharply: 5 things to know before market opens

US stock futures drifted lower early Monday, signaling a cautious tone at the start of a busy week for global markets. Sentiment remained under pressure after US–Iran peace talks stalled, which pushed oil prices higher and added to lingering inflation concerns. Investors are also approaching the session carefully ahead of a heavy slate of corporate… Continue reading Dow futures plunge sharply: 5 things to know before market opens