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Investing

Investing

Adobe drops as Narayen exit and AI worries overshadow earnings beat

Shares of Adobe fell sharply by 8% in premarket trading on Friday after the software company said long-time chief executive Shantanu Narayen…
Investing

Dow futures edge up as oil surge, PCE inflation data weigh on markets

US stock index futures edged higher in choppy trading on Friday as investors awaited key economic data on growth and inflation, while…
Investing

How Nvidia is funding the AI boom with billions in global startups

Nvidia has quietly transformed itself from the world’s dominant maker of artificial intelligence chips into one of the sector’s most powerful financiers,…
Investing

Tesla enters UK electricity market with Ofgem power supply approval

Tesla is expanding its presence in the British energy sector after receiving permission to supply electricity directly to homes and businesses across…
Investing

Dow futures fall as oil nears $100, Iran war fuels inflation fears

US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to…
Investing

Bumble stock jumps 23% after earnings beat, AI revamp plans

Shares of Bumble jumped sharply in premarket trading on Thursday after the dating app operator reported stronger-than-expected quarterly results and outlined an…
Investing

CoreWeave stock price forms dreadful patterns as key risks persist

CoreWeave stock price remains in a technical bear market after falling from a record high of $186 in June last year to…
Investing

Rheinmetall falls on earnings miss but Ukraine, Iran wars boost sales outlook

Shares of Germany’s largest defence contractor Rheinmetall fell by about 5.75% on Wednesday after the company reported strong revenue growth and record…
Investing

JPMorgan marks down software-linked private credit loans: report

JPMorgan Chase has marked down the value of certain loans linked to private credit funds, reported Financial Times. The move comes as…
Investing

Clean energy shift could shield UK economy from fossil fuel turmoil

The UK’s transition to renewable energy and low-carbon technologies could protect households and businesses from volatile global fossil fuel markets while costing…
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