Sugar and dairy drive down FAO global food index, meat prices soar
Global food commodity prices saw a dip in September, driven by decreases in sugar and dairy prices, even as meat prices reached a new high, the United Nations’ Food and…
Why Tesla’s record Q3 is a one-time high, and what comes next?
Tesla just wrapped up a blockbuster quarter, delivering 497,099 cars and building 447,450 units, its biggest numbers yet.The energy side of the business also hit a new milestone, rolling out…
US digest: US govt shutdown continues, manufacturing slows, Intel AMD deal
Wednesday brought a mix of economic, corporate, and political developments across the United States, with major movements in the technology, manufacturing, and financial sectors. Intel shares gained on reports of…
Asian markets open: Kospi soars over 3% to a record high on OpenAI chip deal
A tidal wave of optimism has swept across Asian markets, as a landmark partnership between the AI titan OpenAI and two of South Korea’s biggest companies sent the nation’s stock…
Morning brief: Thai crypto push; Japan bond warning; Manhattan housing boom
A day of significant global developments is underway, as Thailand signals a major expansion of its cryptocurrency ambitions, a key Japanese bond auction flashes a warning sign to investors, and…
OpenAI valuation hits $500 billion as employees sell $6.6 billion in shares
OpenAI has become the world’s most valuable startup after closing a secondary share sale that allowed its employees to sell about $6.6 billion worth of stock, according to a Bloomberg…
Here’s why JPMorgan, Morningstar are bullish on Alibaba stock
Alibaba stock price continued it strong rally in Hong Kong after JPMorgan analysts boosted their target. BABA shares have jumped in the last four consecutive weeks and are trading at…
Europe markets open: Stoxx 600 jumps 0.6%, led by a tech and auto rally
A powerful and defiant wave of optimism has swept across European markets at the open on Thursday, with stocks surging as investors brazenly shrug off the political chaos of a…
Will the Tesco share price hit 500p as growth continues?
Tesco share price remained in a tight range on Thursday after the company published strong financial results and lifted its outlook. TSCO was trading at 435p, down slightly from the…
Tesco lifts profit forecast as summer, price cuts, Clubcard boost sales
Tesco, Britain’s largest supermarket group, raised its full-year profit forecast on Thursday after a strong first half in which hot weather and competitive pricing helped it win market share from…