Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong result came even as concerns around artificial intelligence continue to weigh on the broader sector. SAP’s American depositary receipts rose 7.3% to $175.31, recovering from a 6.2% decline in the previous session.
Shares of Tesla traded unevenly on Friday, briefly rising as much as 1.3% before giving up gains to hover near flat, as investors continued to assess the company’s latest earnings and long-term strategy. The muted performance came despite broader market strength. The S&P 500 rose 0.2%, while the Nasdaq Composite gained 0.6%. The Dow Jones
US prosecutors have dropped their criminal investigation into Federal Reserve Chair Jerome Powell, a move that could ease the path for the Senate to confirm Kevin Warsh as the next head of the Federal Reserve. Jeanine Pirro, the US attorney for the District of Columbia, said on Friday that she had directed her office to
The BitMine stock price has rebounded in the past few weeks, moving from the year-to-date low of $17.30 in February to the current $23.30. This rally may continue in the foreseeable future as Ethereum rebounds and a double-bottom pattern forms. Tom Lee is accumulating Ethereum aggressively On-chain data shows that BitMine continues to accumulate ETH
The Tilray stock price has risen in the past few days, a trend that accelerated this week. It jumped to a high of $8, up by over 30% from its lowest level this year. This rally may continue in the near term amid the ongoing reclassification talk. Tilray stock jumps amid reclassification talk The main
The number of Americans filing for unemployment benefits rose modestly last week, suggesting the labour market remains broadly stable even as geopolitical tensions and rising costs pose emerging risks to economic momentum. Data released by the US Department of Labor showed initial claims for state unemployment benefits increased by 6,000 to a seasonally adjusted 214,000
Wall Street opened weaker on Thursday, as investors paused after a recent rally, weighed down by persistent geopolitical tensions and a mixed batch of corporate earnings. The Dow Jones Industrial Average fell about 253 points, or 0.51%. S&P 500 slipped 0.26%, while Nasdaq 100 also declined 0.33%, after both indexes closed at record highs in
A crypto bull run could be about to start as the Fear and Greed Index continues rising and spot Bitcoin ETF Inflows accelerate. This article explores some of the best crypto to buy if this bull run happens. HYPE is the best crypto to buy today Hyperliquid’s HYPE token is one of the best crypto
ServiceNow shares fell sharply after the company flagged geopolitical disruptions and a weaker margin outlook, dampening investor sentiment despite stronger-than-expected revenue and upbeat projections for its artificial intelligence business. The stock dropped more than 14% as the enterprise software firm said the ongoing conflict in the Middle East had delayed key deal closures, weighing on
The British pound edged lower against the US dollar on Thursday, as investors moved towards safe-haven assets amid concerns over a fragile ceasefire in the Middle East. Sterling slipped slightly to $1.349, marking a 0.17% decline for the week. The move reflects broader risk aversion in global markets, where the US currency attracted inflows as