PayPal stock drops 10%: can AI savings revive growth?
Shares of PayPal Holdings Inc. (NASDAQ: PYPL) fell sharply in premarket trading, down more than 10%, despite the company reporting first-quarter results that
Business
Business
Alphabet’s euro bond offering sees strong demand
Alphabet Inc. is moving ahead with its largest-ever euro-denominated bond sale, attracting strong investor demand as it ramps up funding for artificial intelligence
Business
Dow jumps 190 pts as oil prices fall, despite Middle East tensions
Wall Street’s main indexes recovered on Tuesday, as easing oil prices provided relief to equity markets despite renewed tensions in the Middle East
Business
FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss
The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report.
Business
AB InBev stock jumps 9% as earnings beat and beer volumes defy slump
Shares of Anheuser-Busch InBev rose sharply on Tuesday after the world’s largest brewer reported first-quarter results that exceeded analyst expectations, supported by resilient
Stocks
Bitcoin Breaks $80K as Asian Markets Rally and ETF Inflows Signal Strong Demand
This comes at a time when crypto momentum has been developing in Washington, which might explain the price spike. Net inflows into US-based
Investing
Sterling holds ground amid geopolitical risks and UK election uncertainty
The British pound remained broadly stable on Tuesday, as traders turned their attention to the upcoming UK local elections and escalating tensions between
Economy
Coinbase plans 700 job cuts, flags AI pivot and cost control
Coinbase said on Tuesday that it will cut about 700 jobs, representing roughly 14% of its global workforce, as part of a broader
Economy
Ferrari sees 4% earnings growth in Q1 as premium demand lifts sales
Luxury sportscar maker Ferrari reported a 4% rise in core earnings for the first quarter, supported by robust demand for vehicle personalisations and
Economy
TLT ETF stock forecast as Peter Schiff warns on the US 30-Year Bond yields
The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest