Asian stocks end week strong: Nikkei, Kospi hit record highs
Asian equities ended the week on a strong note, tracking Wall Street higher as investors priced in further US Federal Reserve interest rate cuts. A combination of rising US jobless…
US digest: Kirk shooting, Ellison’s wealth surge, cooling inflation data, and Market Moves
The US news cycle on Wednesday was marked by a mix of political, corporate, and economic developments that drew national and market attention. Conservative commentator Charlie Kirk was shot during…
Here’s why Metaplanet stock price has plummeted
Metaplanet stock price remains under intense pressure as investors sour on Bitcoin treasury companies and its Bitcoin premium slips. It was trading at ¥680 on Thursday, down by 65% from…
‘A dark moment for America’: Trump blames ‘radical left’ for killing of Charlie Kirk
A wave of shock and horror has swept across the American political landscape following the assassination of prominent conservative activist and presidential aide Charlie Kirk. In a somber address from…
Klarna stock jumped after IPO, but history points to a crash
Klarna stock price rose initially after its much-anticipated initial public offering. KLAR surged to over $57 and then closed at $45, giving it a market capitalization of over $17 billion.…
Asian markets open: Nikkei, Kospi rise; Sensex up while Hang Seng falls
A tense and watchful calm has descended upon Asian markets, as a surprise drop in US producer prices rolls out the red carpet for a Federal Reserve rate cut, but…
Morning brief: ECB to hold rates; NYC transit lost $1B to fare evasion; Ant unveils robot
A day of major developments is underway across the globe, as the European Central Bank prepares to deliver its latest verdict on interest rates, a stunning new report reveals the…
Atlantic Basin gasoline margins surge amid supply woes, Vortexa analysis show
Gasoline margins in the Atlantic Basin surged to an average of $18-$19 per barrel in September, a significant increase from the $6-$9 per barrel seen a year ago. This sharp rise,…
Here’s why Japan’s Nikkei 225 Index just hit a record high
The Nikkei 225 Index jumped to a record high on Thursday, helped by the strong performance of Softbank, the giant telecommunication and investing powerhouse. It jumped to a high of…
Opendoor stock soars on CEO change, AI pivot—can it mirror Carvana’s play?
Shares of residential real estate platform Opendoor Technologies surged about 40% in after-hours trading on Thursday after the company announced the appointment of Kaz Nejatian, the former chief operating officer…