US midday market brief: Fed cut priced in, S&P 500 steady while traders digest JOLTS hires drop
US stocks are holding near flat as Wall Street awaits the Federal Reserve’s final policy decision of 2025.The S&P 500 is essentially unchanged, while the Nasdaq edged up modestly and…
Will Pfizer’s YaoPharma deal deliver a powerful new oral obesity pill?
Pfizer is rolling the dice again on an oral obesity pill.The pharmaceutical giant signed an exclusive global license agreement with YaoPharma, a subsidiary of China’s Fosun Pharma.The deal involves YP05002,…
JPMorgan stock dives after 2026 cost warning: is this the red flag investors feared?
JPMorgan stock (NYSE: JPM) tanked nearly 5% on Tuesday after the bank’s consumer banking chief warned that 2026 expenses will reach $105 billion.Wall Street wasn’t pricing in this magnitude of…
Morning brief: SpaceX targets record IPO as Asian markets hold steady ahead of Fed decision
Global markets opened on Wednesday on a cautious note as investors balanced major corporate developments with heightened macroeconomic uncertainty. SpaceX’s push toward what could become the largest initial public offering…
Nintendo shares fall as global memory squeeze raises risks for Switch 2
Nintendo’s latest share slump is drawing attention to a wider shift in the tech supply chain, as rising memory costs ripple through gaming hardware. Shares fell as much as 2.6%…
Scale and efficiency drive fresh round of consolidation in US shale M&A, says Rystad Energy
The US shale sector is anticipating a new round of M&A-driven consolidation among small- and medium-sized producers. This trend is mainly fueled by the desire for increased scale in an increasingly…
From Amazon to Google: Big Tech pours billions into India as AI, cloud and digital expansion gather pace
The Indian subcontinent, long favoured by multinationals for its vast consumer market, is now drawing a fresh wave of investment from Big Tech giants seeking to tap into its massive…
Nu Quantum secures $60M in one of UK’s largest series A funding
Nu Quantum has secured fresh investor attention as momentum in quantum networking rises across the global technology and energy sectors. The British startup, which builds infrastructure to connect and scale…
India’s Meesho surges 60% after listing as investor demand for tech IPO surge
India’s equity markets are seeing renewed enthusiasm for technology businesses that specialise in serving smaller cities, and Meesho Ltd.’s debut in Mumbai on Wednesday has become a noticeable signal of…
Rolls-Royce share price eyes a rebound as a bullish pattern forms
Rolls-Royce share price has held steady in the past few days, moving from a low of 1,020p on November 24 to the current 1,110p. It has jumped by over 100%…