Why Air India’s turnaround CEO is leaving before the job is done

Campbell Wilson’s resignation as Air India chief executive is striking not because it comes after a failed turnaround, but because it comes in the middle of an unfinished one. When Tata Group brought him in during 2022, the task was clear: rebuild a former state-run airline that had lost years to underinvestment, weak service and… Continue reading Why Air India’s turnaround CEO is leaving before the job is done

Ackman’s $64B UMG bid targets valuation gap, US listing pivot

Activist investor Pershing Square Capital Management said on Tuesday it plans to acquire Universal Music Group in a cash-and-stock transaction valued at approximately €55.8 billion ($64.4 billion) in a move that could shift the world’s largest music label toward a US listing while offering shareholders a substantial premium. The deal, unveiled on Tuesday, values UMG… Continue reading Ackman’s $64B UMG bid targets valuation gap, US listing pivot

Beyond Elon Musk: these stocks could be real winners of SpaceX IPO

SpaceX’s stock market debut is already stirring the usual Elon Musk wealth headlines. But the more interesting question for investors may be which listed companies could gain alongside it. If SpaceX does come to market at anything close to the valuations now under discussion, the clearest public-market beneficiary would be Alphabet, which already owns a… Continue reading Beyond Elon Musk: these stocks could be real winners of SpaceX IPO

FTSE 100 futures climb as Europe eyes cautious open amid Iran risk

European equity futures were trading cautiously higher on Tuesday as investors held back from making large directional bets ahead of US President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz to oil traffic. The main European exchanges are set to return from the Easter break, with markets closed on Good Friday and… Continue reading FTSE 100 futures climb as Europe eyes cautious open amid Iran risk

Fundstrat strategist says US stocks may have bottomed

Despite a volatile start to the month and geopolitical tensions weighing on global markets, technical analysts at Fundstrat believe the worst of the equity sell-off may finally be in the rearview mirror. While the Dow Jones Industrial Average faced a sharp 700-point stumble on Thursday amid surging energy prices, the resilience shown earlier in the… Continue reading Fundstrat strategist says US stocks may have bottomed

Nvidia stock stuck below $180: what’s hurting the AI darling?

Nvidia shares edged lower in early Monday trading as a Wall Street analyst flagged a potential reduction in the chipmaker’s production plans for its next-generation artificial intelligence processors. Shares in the Santa Clara-based chipmaker were down 0.15% at $176.58 in early trading, underperforming the wider market as the S&P 500 gained 0.2% and the Dow… Continue reading Nvidia stock stuck below $180: what’s hurting the AI darling?

Tesla stock sinks 2% on Monday as analyst suggests caution

Tesla shares attempted a rebound on Monday but failed to sustain momentum after last week’s disappointing delivery report. The stock was down around 2% at $353.41 in early trading. The broader market showed modest strength, with the Nasdaq up 0.3%, while the Dow Jones Industrial Average was flat. Tesla shares had already declined 5.4% on… Continue reading Tesla stock sinks 2% on Monday as analyst suggests caution

Top S&P Index news to watch this week: US-Iran war, US CPI, earnings

The S&P 500 Index futures rose on Monday as market participants reacted to the latest reporting that the US and Iran were in talks and considering a 50-day ceasefire. They rose by 25 points to $6,600. Similarly, those tracking the Dow Jones and Nasdaq 100 rose by 25 and 115 points, respectively. Here are the… Continue reading Top S&P Index news to watch this week: US-Iran war, US CPI, earnings