The recent US seizure of a tanker off Venezuela’s coast will have a limited immediate effect on the Chinese market. A significant amount of Venezuelan oil was already headed to China with the country having a current surplus of crude in storage amid weaker domestic demand, according to a Reuters report. Exports from the South […]
Rocket Lab stock (NASDAQ: RKLB) plunged 8% on Monday despite the company’s successful RAISE-4 mission for Japan’s space agency JAXA. The stock dive is seen as a counterintuitive pullback that analysts are framing as profit-taking rather than a vote of no-confidence in the mission. The Rocket Lab stock declined despite the operational victory, sliding from […]
Tesla stock rallied higher on Monday, extending a broader rebound that has unfolded despite a deteriorating backdrop for the company’s core automotive business. The EV stock’s year-to-date gains continue to lag the S&P 500, but the stock’s resilience stands out given the mounting operational and market challenges Tesla faces across the US, Europe and China. […]
Shares of online real estate listing companies tumbled on Monday after Alphabet’s Google was found testing a new format that places homes-for-sale ads directly at the top of search results, threatening to encroach on a core source of traffic and leads for property portals. Zillow Group led the declines, with shares down 10.8% in morning […]
Oracle stock came under renewed pressure on Monday, extending a bruising selloff that has weighed heavily on the stock for several weeks. The cloud computing giant has lost more than 15% over the past five days, following a steep 23.1% drop in November that erased gains sparked by its blockbuster September earnings report. The stock’s […]
Europe’s policy, regulatory, and tech landscape is in flux as central banks, governments, and businesses adjust to mounting economic and political pressures. In the UK, the Bank of England faces a finely balanced rate decision as inflation cools but growth risks rise. Elsewhere, regulators are tightening the screws on short-term rentals, trade tensions are flaring […]
Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney’s Bondi Beach, and China reported fresh signs of economic slowdown. Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid heavy liquidations. The developments underscore rising geopolitical, economic, […]
The S&P 500 turned negative on Monday as selling in major artificial intelligence names weighed on the broader market. The index edged down roughly 0.3% in midday trading, while the Dow fell about 145 points and the Nasdaq slipped 0.5%. The pullback extends the technology sector’s struggles from last week, when Broadcom’s disappointing guidance and […]
BigBear.ai shares (NYSE: BBAI stock) tumbled roughly 6% on Monday, extending the broader market’s pullback from artificial intelligence and high-beta technology names. The decline erased near-term gains despite the company’s ambitious Ask Sage acquisition and strong government backlog. The development highlighted how small-cap AI plays remain vulnerable to sector-wide profit-taking and investor concern about equity […]
From Silicon Valley power plays to international legal battles, the overnight news cycle was relentless. Here is your cheat sheet: PayPal is eyeing a banking charter, Tesla is testing driverless tech in Texas, and SpaceX just made Elon Musk wealthier than ever. But the biggest headline might be happening in the courtroom, where President Trump […]