Base metals have seen a strong start to the new year, though they have not reached the record highs set by precious metals. Copper and aluminum continue their rallies from last year, while the price of nickel has seen a particularly sharp jump since the end of last year. A common thread driving all three […]
Nvidia stock remained under pressure early Wednesday as fresh reports from China cast further doubt on the company’s ability to resume sales of its H200 artificial intelligence chips to Chinese customers. At the time of writing, the Nvidia stock was down around 2% to trade at around $181. According to a report by Reuters, Chinese […]
More than 20 investors and the climate activist shareholder group Follow This have jointly filed resolutions with BP and Shell. The resolutions call for the oil and gas giants to disclose their strategies for generating value should global demand for their core products decline, the group announced on Wednesday. The strategic shift in focus by […]
Brazil’s Ibovespa index traded in positive territory for much of Wednesday, buoyed by the release of the first Genial/Quaest electoral poll for 2026 and investor focus on US producer price data. According to local outlet InfoMoney, the benchmark equity index climbed almost immediately after the opening bell, defying the downward trend seen in New York […]
Europe ends the day grappling with financial stability and rising geopolitical risk. The Bank of England says it is intensifying efforts to curb vulnerabilities in the non-bank sector after recent market scares, flagging leverage and liquidity mismatches as key threats. In the Arctic, Denmark plans to expand its military posture in Greenland as strategic competition […]
Netflix (NASDAQ: NFLX) remains in focus on January 14 following reports that the streaming giant is considering a significant change to its bid for Warner Bros. Discovery assets. According to sources that spoke for CNBC’s “David Faber”, the mass media behemoth may replace the stock portion of its $27.75 a share offer and make it […]
Evercore ISI’s senior analyst Robert Coolbirth says AppLovin (NASDAQ: APP) has a “significant long-term growth runway” in both mobile gaming and e-commerce advertising. Still, APP shares are crashing this morning – currently down about 10% versus their previous close. Coolbirth initiated AppLovin stock at “outperform” with a price target of $835, indicating potential upside of […]
Markets head into the evening, balancing stronger earnings momentum with rising geopolitical risk. Iran has warned it could strike US bases across the Middle East if Washington escalates, prompting precautionary personnel moves at key installations. In Europe, France’s fragile government faces twin no-confidence votes that could shape the political roadmap into the 2026 budget fight. […]
President Donald Trump has reiterated that US companies will invest at least “$100 billion” to rebuild Venezuela’s energy sector under American security guarantees. Yet major oil chief executives stopped short of committing to a rapid return as they met with the US President over the weekend. In fact, Exxon’s leader, Darren Woods, even went to […]
Malaysia and Indonesia have blocked access to Elon Musk’s artificial intelligence chatbot Grok, citing concerns that the tool is being used to generate non-consensual, sexually explicit, and obscene content, including material involving women and children. The coordinated action over the weekend marks the first known bans of the AI tool globally and adds to growing […]