Jefferies stock jumps on SMFG takeover report

Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting signals emerged over the likelihood of a deal. Takeover report lifts Jefferies shares Jefferies stock rose as much as 14% in premarket trading following a… Continue reading Jefferies stock jumps on SMFG takeover report

Dow Jones slips 300 points as Iran tensions, oil surge weigh on US stocks

US stocks opened lower on Tuesday as renewed uncertainty over the Middle East conflict dampened momentum from the previous session’s rally. Investors grew cautious despite US President Donald Trump’s decision to delay military strikes on Iran, with conflicting signals around diplomatic progress keeping markets on edge. Markets slip as geopolitical uncertainty returns The S&P 500… Continue reading Dow Jones slips 300 points as Iran tensions, oil surge weigh on US stocks

FedEx taps OneRail to take on Amazon in same-day delivery race

FedEx is stepping deeper into the fast delivery race with a new same-day shipping programme powered by last-mile logistics firm OneRail. The move, as reported by a CNBC exclusive, comes just days after Amazon revealed plans to introduce delivery windows as short as one to three hours across parts of the US. As retailers face… Continue reading FedEx taps OneRail to take on Amazon in same-day delivery race

Goldman Sachs: market is dead wrong about these 2 new IPO stocks

The global investor sentiment has been anything but positive over the past some weeks. The war in the Middle East is impacting almost every nation, with investors rushing towards safe havens amid mounting losses and economies facing supply shocks. Fresh listings amid such conditions come with big risks. But, even before the latest escalation in… Continue reading Goldman Sachs: market is dead wrong about these 2 new IPO stocks

Anthropic adds computer control to Claude as agentic AI heats up

Anthropic has expanded its AI assistant Claude with new computer-use capabilities, allowing it to carry out tasks directly on a user’s device. The update signals a broader shift among AI firms towards building autonomous agents that can complete real-world actions beyond chat. Announced on Monday, the feature enables users to assign tasks remotely, including from… Continue reading Anthropic adds computer control to Claude as agentic AI heats up

Puig stock soars 15%, but why market sees risk in Estée Lauder deal?

Puig stock (PUGBY:OTCPK) surged over 15% on Tuesday after Estée Lauder confirmed it is in talks over a potential merger with the Spanish beauty group. The development revived investor excitement around a deal that could reshape the global prestige cosmetics market. However, the sources from the companies said that the deal is not finalized yet,… Continue reading Puig stock soars 15%, but why market sees risk in Estée Lauder deal?

FTSE 100, DAX plunge as European markets open mixed on Iran fears

European markets opened mixed on Tuesday as investors turned cautious at the start of the session, with major indices opening in negative territory. The UK’s FTSE 100 was trading about 0.3% lower around the 10,300 mark in early deals, while Germany’s DAX hovered near 22,500 and was set to open roughly 0.5% down. France’s CAC… Continue reading FTSE 100, DAX plunge as European markets open mixed on Iran fears

Revolut challenges Lloyds Bank, NatWest, and Barclays as revenue surges

Revolut, the giant British fintech company, is firing on all cylinders, a trend that may accelerate now that it received a UK banking license last year. Revolut revenue, profits, and users are soaring  In a financial statement, the company said that its revenue and profits continued growing in 2025 as more people moved to its… Continue reading Revolut challenges Lloyds Bank, NatWest, and Barclays as revenue surges

Why is Broadcom warning of tighter supply in AI hardware?

The rapid expansion of artificial intelligence infrastructure is beginning to test the limits of the global semiconductor ecosystem, with Broadcom pointing to growing constraints across key supply chains. The company said pressure at Taiwan Semiconductor Manufacturing Company is now affecting production timelines, while shortages are also emerging in other critical components. The situation reflects how… Continue reading Why is Broadcom warning of tighter supply in AI hardware?