IAG share price targets an all-time high ahead of earnings
The IAG share price is nearing its all-time high, continuing an uptrend that started in April when it was trading at 206p. It has jumped by over 107%, making it…
Amazon’s power struggle in Oregon reveals the dark side of America’s AI boom
Amazon.com Inc. has accused PacifiCorp, a utility owned by Berkshire Hathaway Inc., of failing to deliver enough electricity to support four new data centres in Oregon. The complaint, filed with…
Palantir boosts revenue forecast after Q3 beat, but stock falls: here’s why
Palantir Technologies Inc. raised its annual revenue forecast after reporting a stronger-than-expected third quarter, but shares of the data analytics firm fell in extended trading as investors questioned whether the…
Europe markets open: Stoxx 600 tumbles 1.1% as earnings caution takes hold
European stock markets fell sharply at Tuesday’s open, reversing the positive sentiment from the start of the month as investor focus shifted squarely to a heavy slate of corporate earnings…
Norway’s $2.1T wealth fund joins fight against Musk’s $1T Tesla pay package
In a significant development, Norway’s sovereign wealth fund, the world’s largest, said it would oppose ratifying Tesla Chief Executive Elon Musk’s proposed $1 trillion compensation plan, citing concerns about excessive…
Nintendo raises Switch 2 forecast as sales surge past 10 million units
Nintendo has revised its expectations for the Switch 2, projecting sales of 19 million units for the fiscal year ending March 2026, up from the earlier forecast of 15 million.…
Tesla’s China-made EV sales drop nearly 10% in October as global weakness deepens
Tesla’s China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% rise in September, according to data from the China Passenger Car…
India’s GST cut fuels Rs 6 trillion festive shopping spree
India’s sweeping reduction in consumption tax has triggered a massive spending spree during the month-long festive season, offering a strong boost to Asia’s third-largest economy. Between 22 September and 21…
Welcome to the casino economy: why everything now feels like a bet
Lately it feels as if every piece of modern life is a wager. Crypto coins blink on phone screens. Sports betting ads shout between plays. Meme stocks soar 1,000% in days,…
From luxury watches to scam compounds: the rise and fall of Chen Zhi’s global empire
Three years ago, Cambodian Prime Minister Hun Sen presented a collection of locally crafted wristwatches to world leaders, including Joe Biden, Justin Trudeau and Anthony Albanese. Each watch bore the…