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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 (AI) investments. The company has received more than €25.2 billion in orders for a planned debt sale of at least €9 billion. The offering is expected to be split into six parts

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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 that continue to cloud the global outlook. Dow Jones Industrial Average rose 198 points, or 0.41%, while the S&P 500 gained 0.63% and the Nasdaq Composite climbed 0.87%. The rebound followed a

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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. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935. Soaring UK Gold yields A key reason why the FTSE 100 Index pulled back is that UK bond

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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 beer demand and a return to volume growth. American depositary receipts climbed 9.3%, building on gains earlier this year, after the company posted adjusted earnings per share of 97 cents, up from

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Business

Is Big Tech’s $725B AI splurge being funded by mass layoffs?

A widely reported figure this past week is that 81,747 tech workers lost their jobs in Q1 2026, the highest quarterly layoff figure the industry has seen in at least two years. This has sparked the debate once again about large tech firms, AI and layoffs. But most of those opinions are missing the actual

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Business

Kraken secures rare CFTC trifecta after closing Bitnomial acquisition

Kraken’s parent firm, Payward, has completed its acquisition of Bitnomial, securing a full set of US derivatives licenses and setting the stage for regulated crypto trading products. According to a company statement released Friday, the deal gives Payward, the parent of Kraken, control of three key registrations under the Commodity Futures Trading Commission, including a

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Business

AMD stock gets overbought and overvalued: is it a buy ahead of earnings?

AMD stock price has gone vertical this year and moved to a record high as the AI boom gained steam. It has soared in the five consecutive weeks, bringing its total market capitalization to over $587 billion. This rally will be in focus as the company publishes its financial results. AMD stock price has become

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eBay stock jumps after GameStop’s $56B takeover bid by Cohen

Shares of eBay moved sharply higher in premarket trading on Monday after Ryan Cohen, chief executive of GameStop, made an unsolicited offer to acquire the company for about $56 billion. The stock rose roughly 7.4% before the opening bell, extending gains after reports that GameStop had been quietly building a stake in the online marketplace

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Business

Dow falls 200 pts as Middle East tensions rattle markets, oil prices jump

Wall Street’s main indexes opened mixed, putting a volatile start to the week on Monday, as rising geopolitical tensions in the Middle East offset optimism from a strong earnings backdrop and recent record highs. The Dow Jones Industrial Average fell 216 points or 0.44%, the S&P 500 slipped 0.12%, while the Nasdaq Composite was up

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Business

Here’s why Palantir stock will rocket higher after earnings today

Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday. Palantir stock in the spotlight ahead of earnings The PLTR stock price has crashed in the

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