Barclays PLC
Oracle stock rises in premarket on plans to cut thousands of jobs
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data […]
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SpaceX lines up 21 banks for mega IPO, code-named project Apex
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, Sept. 23, 2025. Joe Skipper | Reuters SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with […]
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While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall
Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as equities fall, there’s a warning sign that higher earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card spending revealed that from the start of the war through […]
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Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise
Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. But a spike in loan defaults, while painful, could help shake out pockets of stress from the $3 trillion sector and provide what one industry pro calls a “healthy reset” […]
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British fintech Revolut reports record annual profit as it gears up for U.S. push
British fintech Revolut on Tuesday reported a record annual pretax profit, as it ramps up plans to expand into the U.S. following its long-awaited granting of a full U.K. banking license earlier this month. Profit before tax rose 57% to £1.7 billion ($2.3 billion) in 2025, compared to £1.09 billion in 2024. Group revenue increased […]
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Banks eye three ECB rate hikes this year as former Governor says he sees no stagflation — yet
The Euro Sculpture at Willy-Brandt-Platz in the financial district of Frankfurt, Germany, on March 6, 2025. Bloomberg | Bloomberg | Getty Images Brokers now forecast multiple European Central Bank interest rate hikes this year as the specter of higher inflation and lower growth piles pressure on central banks to act. J.P. Morgan, Morgan Stanley and […]
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The Iran war is threatening supply of a little-thought-of resource — helium. What it means for markets
The war in the Middle East could pose a threat to the semiconductor industry and other sectors dependent on a resource produced in the Gulf — helium. Helium is a little-known but key input in many industries, most notably technology. In semiconductor manufacturing, its cooling properties are used to transfer heat. Helium is also indispensable […]
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Why the United Arab Emirates is a target for Iran’s aggression
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026. Fadel Senna | Afp | Getty Images At least 11 countries have come under attack from Iran in retaliation for ongoing U.S. and Israeli strikes, but no country, other than Israel, has been […]
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Oil holds near $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Brent crude oil, the global benchmark, held near $100 on Friday morning as the U.S.-Iran war heads toward its third […]
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Rivian’s crucial R2 EV launch to begin with $58,000 model in spring
Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, on March 7, 2024. Mike Blake | Reuters Rivian Automotive will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday. The first of the R2 […]
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