Global markets opened the week under pressure as investors reacted to escalating political tensions in the United States, fresh uncertainty over central bank independence, and a series of geopolitical and political developments spanning Asia and Europe. Moves in currencies, equities, and commodities reflected growing unease, while attention also turned to Japan’s domestic politics and renewed […]
Meta Platforms Inc. said it has removed almost 550,000 accounts in Australia to comply with the new rules. The action covers multiple Meta-owned platforms and was disclosed in a company blog post outlining its initial response to the legislation. Australia’s decision to bar children from mainstream social media is moving from legislation to large-scale enforcement. […]
Xpeng Inc. is preparing the ground for a potential stock market debut of its flying car business, reported Bloomberg, citing sources. This will mark a fresh step in the Chinese electric vehicle maker’s push beyond traditional automobiles. The company has quietly begun work on a possible initial public offering of its aerial mobility unit in […]
Apple shares extended a rare period of weakness this week, slipping 0.5% to $259.04 on Thursday and marking the stock’s seventh consecutive session of declines dating back to Dec. 30. While the pullback has been relatively modest — Apple shares are down about 5.4% over the streak — the persistence of the losses has drawn […]
European markets and politics ended the week on a mixed note, with London equities nudged higher by renewed mining deal speculation, while a powerful storm disrupted daily life across parts of northern Europe. Political uncertainty also loomed in France, where a confidence vote over the Mercosur trade pact threatens fresh turmoil. Meanwhile, Italy’s prime minister […]
Netflix stock (NASDAQ: NFLX) has tumbled roughly 27% since hitting a peak in late June 2025. The losses have been particularly steep following the December 5 announcement of its $72 billion equity acquisition of Warner Bros. Discovery’s studios and streaming division. Netflix stock briefly dipped further in early January as a hostile Paramount bid complicated […]
The S&P 500 climbed 0.7% to a fresh intraday record high on Friday, following the release of December’s employment report, which showed a mixed labor market picture that calmed recession fears. The Nasdaq Composite gained 0.9%, while the Dow Jones Industrial Average added 213.52 points, or 0.43%, closing at 49,480.41 as of midday trading. The […]
US job growth stalled in December, underscoring a labor market losing momentum, while geopolitical and policy uncertainty weighed on global sentiment. Iran’s Supreme Leader warned protests could isolate the country further as security forces tightened controls. In the US, OpenAI and SoftBank moved to secure clean energy for AI infrastructure with a $1 billion renewables […]
OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in Milam County, Texas. On the surface, it reads like yet another megadeal in the booming AI infrastructure arms race. But it signals something more urgent: electricity has become AI’s single largest production […]
Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to 522 US cents per bushel on Thursday, marking its highest level since December 26. At the time of writing, US wheat futures for the March contract were at 518 cents. Wheat prices began […]