Adobe stock jumps as AI agent push aims to fend off rising competition
Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an
Business
Business
Tesla stock slips 2% on Monday after last week’s rally: here’s why
Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets. The move came as investors turned cautious ahead of
Investing
Dollar rebounds as Mideast tensions flare again
The US dollar strengthened to a one-week high against major currencies on Monday, only to give up some of its gains as renewed
Investing
Rupee ticks up, but elevated oil prices restrict gains
The Indian rupee edged higher in early trading on Monday, supported by mild dollar selling from foreign banks. However, traders indicated that the
Investing
Pound weakens as US Iran peace talks falter and tensions rise
The British pound edged lower on Monday as escalating tensions between the United States and Iran pushed investors towards the safe-haven US dollar.
Economy
UK sentiment drops to 33-month low as household concerns rise
British consumer morale dropped sharply last month, hitting its lowest level since mid-2023, according to two surveys released on Monday. The decline reflects
Economy
Oil pops 5% on US-Iran escalation; Rystad sees 1B barrels supply shortfall
Middle East tensions are once again driving volatility in oil markets, as periods of apparent de-escalation swiftly give way to renewed uncertainty and
Economy
Bitcoin ETFs log $996M inflows even as Iran tensions resurface
US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk
Economy
AST SpaceMobile sinks 15% after Blue Origin satellite failure
Shares of AST SpaceMobile fell sharply in premarket trading on Monday after the company disclosed a major setback involving one of its latest
Economy
How the energy crisis from Iran war is boosting China’s edge in global clean tech
America’s allies, grappling with surging energy costs triggered by Washington’s military strikes on Iran and the resulting disruption in global supply chains, are