Here’s why Adobe stock price has crashed and why it may rebound
Adobe stock has evolved from one of the hottest trades in Wall Street into one of the top laggards. It plunged to a low of $309, its lowest level since…
Exxon calls Venezuela uninvestable as Trump pushes $100B energy plan
President Donald Trump has reiterated that US companies will invest at least “$100 billion” to rebuild Venezuela’s energy sector under American security guarantees.Yet major oil chief executives stopped short of…
Malaysia, Indonesia block Musk’s Grok AI over explicit deepfake images
Malaysia and Indonesia have blocked access to Elon Musk’s artificial intelligence chatbot Grok, citing concerns that the tool is being used to generate non-consensual, sexually explicit, and obscene content, including…
Gold, silver hit fresh record highs; here’s why more upside is imminent
Gold and silver continued their merry run from last year as prices reached fresh record highs on Monday. Investors flocked to bullion as safe-haven demand increased due to ongoing geopolitical tensions. Growing…
Morning brief: Markets slide on Powell probe, Japan prepares for snap election
Global markets opened the week under pressure as investors reacted to escalating political tensions in the United States, fresh uncertainty over central bank independence, and a series of geopolitical and…
Meta deletes 550,000 accounts as Australia enforces child social media ban
Meta Platforms Inc. said it has removed almost 550,000 accounts in Australia to comply with the new rules. The action covers multiple Meta-owned platforms and was disclosed in a company…
Stock market today: Why Dow Jones Index futures are falling
The Dow Jones Index futures retreated by over 250 points as investors reflected on major events, including the latest subpoena on the Federal Reserve and the upcoming corporate earnings and…
Top 6 catalysts for the S&P 500 Index, VOO, and SPY ETFs this week
The S&P 500 Index and its ETFs, like the SPY and VOO, will have a highly volatile week as investors react to several potential catalysts, including macro data, geopolitical events,…
Xpeng prepares Hong Kong IPO for flying car unit as China backs air mobility
Xpeng Inc. is preparing the ground for a potential stock market debut of its flying car business, reported Bloomberg, citing sources. This will mark a fresh step in the Chinese…
Heineken shares fall as CEO to step down; analysts mixed on strategic outlook
Heineken’s share price fell more than 4% on Monday after chief executive Dolf van den Brink said he would step down at the end of May, marking a leadership change…