Toyota Motor global sales fall for third month amid Middle East disruptions

Toyota Motor Corp.’s global sales declined for a third consecutive month in April, as disruptions linked to the Middle East conflict continued to affect operations and exports across the automotive industry. The Japanese automaker said on Thursday that global sales, including those of subsidiary Daihatsu Motor Co, fell 3.7% year-on-year to 902,015 units in April.… Continue reading Toyota Motor global sales fall for third month amid Middle East disruptions

BofA expects US stocks to pullback this summer: here’s why

Bank of America is urging investors to pump the brakes. Now that the S&P 500 has reached Bank of America’s year-end target of 7,430, the firm’s strategists are urging investors to exercise caution about aggressively chasing the rally. According to BofA, several key technical indicators are beginning to flash warning signs, suggesting the market’s overall… Continue reading BofA expects US stocks to pullback this summer: here’s why

Asian markets slide as Iran tensions lift oil prices and bond yields

Share markets across Asia fell on Thursday after reports of fresh US military strikes on Iran and missile attacks linked to Kuwait unsettled investors and weakened optimism surrounding a possible peace agreement in the Middle East. Oil prices surged while Treasury yields climbed as investors reacted to escalating tensions and growing concerns over inflation ahead… Continue reading Asian markets slide as Iran tensions lift oil prices and bond yields

Why analyst sees ExxonMobil stock outperforming the S&P 500 in 2026

ExxonMobil (XOM) has surged ahead of the broader market this year, with analysts at The Motley Fool predicting the oil giant will continue to outperform the S&P 500.  The forecast, published by The Motley Fool, comes as Exxon shares have already climbed 24% in 2026, compared with a 10% gain for the benchmark index.  The… Continue reading Why analyst sees ExxonMobil stock outperforming the S&P 500 in 2026

Foreign buying of Japanese stocks climbs amid AI demand optimism

Foreign investors continued buying Japanese equities for an eighth consecutive week through May 23, supported by easing oil prices and growing optimism around artificial intelligence-related shares. According to data released by Japan’s Ministry of Finance on Thursday, foreign investors purchased a net 1.08 trillion yen ($6.77 billion) worth of Japanese stocks during the week ended… Continue reading Foreign buying of Japanese stocks climbs amid AI demand optimism

Here’s why the Kospi Index rally has taken a breather today

The Kospi Index pulled back by over 1% on Thursday as the recent bull run took a breather, following the South Korean central bank’s interest rate decision. It retreated to KRW 8,133, down slightly from this week’s high of KRW 8,480. South Korea’s central bank gives a hawkish pause The Kospi Index retreated, while the… Continue reading Here’s why the Kospi Index rally has taken a breather today

Marvell stock pops as AI-related bookings drive Q1 revenue to record levels

Marvell Technology (MRVL) is inching higher in extended hours after the company posted stellar Q1 results and issued impressive guidance for the current quarter. The custom AI chips specialist reported a 28% year-on-year increase in revenue to a record $2.42 billion on $0.8 per share of earnings (EPS) – slightly beating consensus set at $0.79… Continue reading Marvell stock pops as AI-related bookings drive Q1 revenue to record levels

After SpaceX, OpenAI, Anthropic, Anduril Is Emerging as the Next IPO Giant

The upcoming SpaceX and OpenAI IPOs will break records globally because of the money they will raise and their sizes. SpaceX is expected to go public at a $1.5 trillion valuation, with Polymarket traders expecting its valuation to jump to over $2 trillion after its listing.  Anduril will be the next major IPO to watch… Continue reading After SpaceX, OpenAI, Anthropic, Anduril Is Emerging as the Next IPO Giant

Dow hits record high as AI rally pauses, oil prices retreat

Wall Street closed mixed on Wednesday as the Dow Jones Industrial Average reached another record high, while the S&P 500 and Nasdaq Composite traded little changed as investors paused after a powerful AI-driven rally and monitored developments surrounding Middle East tensions. The Dow Jones Industrial Average rose 189 points, or 0.37%, to close at 50,650.76,… Continue reading Dow hits record high as AI rally pauses, oil prices retreat