March 12, 2026
AI coding startup Cursor seeks funding at $50B valuation: report
Artificial intelligence coding startup Cursor is reportedly in discussions with investors for a new funding round that could value the company at about $50 billion, nearly doubling its valuation from last year as demand for AI-powered programming tools accelerates. According to a Bloomberg report, the talks are still preliminary and may not result in a […]
March 12, 2026
IAG and EasyJet shares sink as jet fuel surges: what next?
IAG and EasyJet share prices have slumped this month as geopolitical tensions continued, pushing crude oil above $100. EasyJet stock dropped to 397p, down by 25% from the highest point in December, and 30% from its 2025 highest point. Similarly, IAG, the parent company of British Airways and Iberia, dropped to 374p, down sharply from […]
March 12, 2026
Swiggy, Eternal shares fall as LPG shortage fears hit food delivery
Shares of Indian food delivery platforms and restaurant operators declined as concerns grew that disruptions to cooking gas supplies could affect restaurant operations and online order volumes. The decline comes amid fears that escalating tensions in the Middle East could trigger a cooking-gas shortage in India, which relies heavily on energy imports from the region. […]
March 12, 2026
AI-driven fraud surge puts UK mobile banking and online accounts at risk
Fraud cases in the United Kingdom climbed to a record level last year as criminals increasingly used artificial intelligence to scale up scams and take over personal accounts, according to new data from fraud prevention organisation Cifas. Criminals are now operating on an industrial scale, using AI tools and large datasets to impersonate victims and […]
March 12, 2026
Metaplanet launches $25M venture arm to fund Bitcoin startups in Japan
Japanese investment firm Metaplanet has launched a new venture initiative aimed at supporting the development of Bitcoin infrastructure and startups in Japan, as the country moves toward recognizing Bitcoin as a regulated financial asset in the coming years. The company announced that it has established Metaplanet Ventures K.K., a new venture arm that will fund, […]
March 12, 2026
Anthropic in talks with Blackstone, PE firms for AI venture: report
Artificial intelligence startup Anthropic is in discussions with private equity firms including Blackstone and Hellman & Friedman about forming a joint venture aimed at expanding the commercial adoption of its technology, according to a report by The Information. The proposed partnership would focus on deploying Anthropic’s AI tools across companies owned or backed by the […]
March 12, 2026
Morning brief: Asian markets fall, US launches new trade probe
Global markets opened Thursday under pressure as rising geopolitical tensions in the Middle East sent oil prices surging above $100 a barrel and triggered a sell-off across Asian equities. The spike in energy costs has revived fears of inflation and tighter monetary policy, while fresh trade developments and movements in digital assets added further uncertainty […]
March 12, 2026
Nikkei 225 Index dips as Brent crude oil price jumps to $100
The Nikkei 225 Index slipped by over 2.2% on Thursday morning as the crisis in energy accelerated. The index, which tracks the top companies in Japan, dropped to ¥53,855, down by 10% from the all-time high. Japan stocks crash as crude oil prices surge The Nikkei 225 Index remained on edge as energy prices continued […]
March 12, 2026
Here’s how long an oil shock-driven bear market lasts on average
With the US oil prices printing a new high of nearly $120 before retreating this week, Wall Street is on high alert. The escalating US-Iran war has sparked fears that a spike in energy prices will trigger a significant stock market correction or even a full-blown bear market. As investors weigh the risk of a […]
March 11, 2026
House Republicans find it difficult to focus on rising costs as they plot 2026 agenda
DORAL, Fla. — House Republicans arrived at their yearly policy retreat aiming to craft a 2026 agenda that will help them keep their majority in the upcoming midterms. But they left with few specifics on what more they can do before the election to quell voter angst about higher prices. Speaker Mike Johnson told GOP […]
March 11, 2026
US stocks close mixed as Dow drops 289 points despite tech resilience
US stocks closed mixed on Wednesday as investors navigated rising geopolitical tensions and higher Treasury yields. The Dow Jones Industrial Average fell 289 points to 47,417.21, while the S&P 500 slipped 0.08% to 6,775.75. The Nasdaq Composite bucked the broader weakness, edging up 0.08% to 22,716.14, supported by resilience in technology shares. Oil climbs despite […]
March 11, 2026
Why Micron stock is soaring nearly 5% today?
Micron stock (NASDAQ: MU) surged nearly 5% on Wednesday as investors digested a fresh round of analyst upgrades. The fresh rally came in the backdrop of the artificial intelligence sector pulling demand in one direction, and the evidence shows that it is not slowing down. Micron’s rally on Wednesday was driven by multiple catalysts, including […]