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SoftBank targets AI dominance with $32.7B OpenAI stake and chip purchases

Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure,…
Stock

Saudi Arabia likely to cut September crude oil exports to China

Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September.  This expected…
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Denmark’s Orsted seeks $9.4B amid US wind power opposition

Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion) from shareholders. …
Stock

Dow futures soar 100 points today: 5 things to know before Wall Street opens

Dow futures edged up over 100 points early Monday, hinting at a steady start after last week’s tech-driven rally. Traders are bracing…
Stock

Firefly Aerospace stock sinks 11%: why the IPO highs quickly fizzled

Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week….
Stock

Top catalysts for the Nasdaq 100 Index and QQQ ETF this week

The Nasdaq 100 Index and its exchange-traded funds, like the Invesco QQQ, jumped to a record high last week as the earnings…
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Hang Seng stocks to watch: Tencent, Alibaba, JD, NetEase and more

The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date…
Stock

BitMine stock soars 25% as Ethereum tops $4,000, but caution remains

BitMine stock (NYSE American: BMNR) soared about 25% today, sparked by Ethereum pushing past the $4,000 mark for the first time this…
Stock

UBS strategist warns market rally may stall in August as US growth slows

The stock market’s recent rally may be nearing a pause as signs of slowing US economic growth emerge, according to Andrew Garthwaite,…
Stock

Gilead Sciences shares soar; analysts lift targets on HIV strength and Yeztugo outlook

Gilead Sciences’ stock surged more than 8% on Friday, as its latest earnings drew the consensus from Wall Street that the company’s…
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