World
Trump’s coin sale misses early targets as crypto project’s website crashes
U.S. President Donald Trump looks at a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Donald Trump’s new crypto project is off […]
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U.S. warns Israel it may restrict military aid if Gaza humanitarian situation doesn’t improve
Children sift through waste at a landfill in Khan Yunis in the southern Gaza Strip on October 15, 2024, amid the ongoing war between Israel and the Palestinian militant group Hamas in the besieged Palestinian territory. Bashar Taleb | AFP | Getty Images The Biden administration has warned Israel that if the humanitarian situation in […]
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There’s more upside ahead for this AI derivative play, according to the charts
The AI trade is powering ahead as the markets are seeing a rotation back into the semiconductor, hardware and software companies that are driving the revolution. One industrial company on my radar — that I don’t yet have a position in — is Vertiv (VRT) . The company provides liquid cooling systems for data centers […]
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Chip firm ASML shares fall 15% on disappointing sales outlook in surprise earnings release
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images Shares in semiconductor equipment maker ASML fell over 15% Tuesday after the Dutch company’s results were released a day early. The move pulled other chip stocks lower, with Nvidia, Advanced Micro Devices and Broadcom all […]
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Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions
Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption from the conflict between Israel and Iran. Oil prices spiked earlier this month after Iran hit Israel with a ballistic missile attack, raising fears that Israel would respond by targeting the […]
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European markets mixed as Germany’s DAX hits record high; Oil and gas stocks down 3%
Oil and gas stocks trade lower after IEA says oil market facing ‘sizeable surplus’ A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil and gas stocks were 3% lower at 9:45 a.m. in London, after the International Energy Agency said the oil market was […]
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Tokyo Metro’s IPO could drive momentum in the Japanese market as Chinese listings dry up
In Japan’s biggest initial public offering in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company’s regulatory filing on Tuesday. Miho Uranaka | Reuters Tokyo Metro’s initial public offering could drive momentum in the Japanese market and attract more companies into the […]
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This influencer was scammed out of thousands in crypto — and has a tip to help you avoid fraud
Carly Rowena, a 37-year-old fitness instructor, was tricked into sending £5 716.60 worth of digital assets to a scammer who promised her sizable returns on her crypto. Carly Rowena Carly Rowena, a British fitness and wellness influencer, is embarrassed as she recalls being duped into handing over £5,700 ($7,450) worth of cryptocurrency in a scam. […]
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North Korea blows up parts of inter-Korean road on its side of border, Seoul says
Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea’s military, as seen from the South Korean side, October 15, 2024, in this screen grab from a handout video. South Korean Defense Ministry North Korea has blown up sections of inter-Korean roads and rail lines on its side of the […]
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Ericsson shares jump 9% after third-quarter results beat estimates
Cristina Arias | Cover | Getty Images Shares of Swedish telecom firm Ericsson jumped 9% amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), compared with 3.9 billion Swedish crowns in the same […]
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