Weekly markets recap: Good week for European stocks as Dax hits fresh high
The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX…
Weekly Recap: European markets stabilise as French election approaches
European benchmarks pared some losses after a sharp selloff last week as investors navigated the political landscape ahead of the French parliamentary election. ADVERTISEMENTThe European…
European AI competitiveness threatened by French political uncertainty
The EU may further lose its artificial intelligence (AI) competitiveness to the US and China amid French political instability caused by the far-right’s stance on…
‘Meme Rally’ sparks 70% share price leap for GameStop on Roaring Kitty’s single X post
US video game shop GameStop's share price more than doubled as the result of a a 'meme rally'. But what is it and how can…
Weekly market recap: Mixed trends amid macro signals and earnings season
Global markets this week have shown a mixed trend as investors delved into a diverse array of macroeconomic developments and company quarterly earnings. ADVERTISEMENTEuropean stocks…
Riding the AI Wave: Amazon’s growth accelerates in the first quarter
Amazon delivered strong first-quarter earnings owing to robust growth in its cloud business, AWS. ADVERTISEMENTAmazon reported robust first-quarter earnings that surpassed market expectations as its…
Back to basics: Want to start investing but don’t know how?
Investing can seem daunting if you're a beginner. Here's a simple guide to help you get started. ADVERTISEMENTThere are a number of different reasons why…
Trump looks to boost earnings with social media truth launch
Former US President Donald Trump returns to the stock market with hopes that his Truth will help combat his financial difficulties. ADVERTISEMENTShares in Donald Trump's…
Reddit’s market value climbs to almost $10 billion following IPO debut
Social platform Reddit saw its stocks skyrocket after offering formerly private shares for public purchase. ADVERTISEMENTReddit shares began trading on the New York Stock Exchange…
Reddit IPO raises $748 million as it sells in-demand shares
Social platform Reddit has priced its shares at the top of a market range, bringing the firm's value to $6.4 billion (€5.9 billion). ADVERTISEMENTReddit shares…
London’s biggest-ever IPO is hanging in the balance as Shein eyes LSE
UK Chancellor Jeremy Hunt met the chairman of the online retail giant and talked about its potential listing in the UK. ADVERTISEMENTFacing difficulties in the…
Amazon joins the Dow, the ‘elite’ club of the US stock market’s biggest companies
The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday. ADVERTISEMENTAmazon is joining the likes…
Lyft shares rocket 62% over a typo in the company’s earnings release
Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to…
Why shares in German travel giant TUI are taking off ahead of listing vote
Shares in German travel giant TUI were trading up around 3% on Tuesday morning on the London Stock Exchange as the company updated investors on…
Novo Nordisk crossroads: Can the pharma giant address the supply dilemma?
Novo Nordisk faces a pivotal moment as it grapples with supply issues amid soaring demand for its weight-loss drugs. Despite impressive financial gains and market…