RBI cuts repo rate: which sectors and stocks could benefit?
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks…
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Nike’s leadership under fire? Citi unimpressed with CEO meeting
Citi analyst Paul Lejuez is not entirely convinced that Nike Inc (NYSE: NKE) can deliver a much-anticipated turnaround under the leadership of its new chief executive Elliott Hill – at…
Cloudflare and Fortinet stocks soar after strong Q4 earnings: key takeaways for investors
Shares of Cloudflare and Fortinet were surging on Friday after both companies delivered better-than-expected fourth-quarter earnings, boosting investor confidence in the cybersecurity sector. Cloudflare stock was up by 11.46% at…
Well, that escalated quickly
The first trading day of February saw global equity markets slump as investors reacted to President Trump’s latest tariff threats. These were aimed at the US’s closest neighbours: Mexico to…
L’Oréal shifts focus from China to a ‘land of opportunity’: here’s why
L’Oreal SA (EPA: OR) seems to have had enough disappointments out of China. For future growth, the beauty giant now plans on turning to the United States which it called…
Brazil grants EuroAtlantic Airways approval for regular flight operations
Brazil has granted EuroAtlantic the license to offer regular international flights, according to decree 16.300, which was published in the Official Gazette of the Union (DOU) on Thursday. EuroAtlantic, a…
US consumer sentiment drops to 7-month low as inflation worries rise
US consumer confidence weakened in early February, hitting a seven-month low as concerns over inflation and tariffs grew. The University of Michigan’s preliminary sentiment index fell to 67.8, down 3.3…
Bill Ackman takes a massive stake in Uber—what’s driving his bet?
Billionaire hedge fund manager Bill Ackman has built a sizable stake in Uber Technologies Inc (NYSE: UBER). On Friday, the founder and chief executive of Pershing Square said he owned…
Wall Street today: S&P 500 and Nasdaq edge higher, Dow drops amid earnings focus
The US stock market was little changed on Thursday, with the S&P 500 and Nasdaq Composite holding modest gains while the Dow Jones Industrial Average slipped. Investors assessed a mixed…
Hang Seng, CSI 300 lead Asian market gains on Thursday, Nikkei in red
Asian stock markets are trading largely higher on Friday, reflecting mixed signals from Wall Street overnight. Investors are staying cautious ahead of the release of the closely watched US jobs…