Category: Top Story
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Euro and yen struggle despite mild bounce as political uncertainty weighs
The euro and the yen posted slight gains against the U.S. dollar on Friday but remained on course for significant weekly losses, as traders assessed mounting political uncertainty in France and reduced expectations of a near-term rate hike in Japan. At 05:27 ET (09:27 GMT), the euro edged up to $1.1571, recovering marginally after a…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Rise Ahead of Michigan Sentiment Data; Applied Digital Rallies; Gold Retreats
U.S. equity futures were slightly higher early Friday as investors awaited the release of consumer sentiment data from University of Michigan. The broader economic calendar remains light due to the ongoing federal government shutdown, which has paused the publication of several key indicators. In corporate news, Applied Digital Corporation (NASDAQ:APLD) shares jumped in after-hours trading…
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Gold Slips Below $4,000/oz as Ceasefire Triggers Wave of Profit-Taking
Gold prices retreated on Friday, sliding below the key $4,000-per-ounce level, as investors booked profits following the announcement of a ceasefire between Israel and Hamas. The metal faced sharp overnight losses and remained under pressure during Asian trading hours. A firmer U.S. dollar added to the downward momentum, supported by growing uncertainty over the Federal…
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Oil Prices Slip as Geopolitical Risk Premium Fades After Gaza Ceasefire
Oil Prices Slip as Geopolitical Risk Premium Fades After Gaza Ceasefire Oil prices edged lower on Friday, extending losses from the previous session, as easing geopolitical tensions reduced the market’s risk premium following a ceasefire agreement between Israel and Hamas aimed at ending the Gaza war. As of 06:36 GMT, Brent Crude futures were down…
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Papa John’s Targets India as Key Growth Market With Majority-Vegetarian Menu
Papa John’s International (NASDAQ:PZZA) is making India a top global priority as it re-enters the market with its first predominantly vegetarian menu, a move executives say is aimed at driving long-term expansion. The U.S. pizza chain — the world’s third-largest delivery company — exited India in 2017 following weak performance. On Friday, it announced its…
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Stellantis Q3 2025 Shipments Rise 13% to 1.3 Million Units
Stellantis N.V. (NYSE:STLA) reported a solid performance in the third quarter of 2025, with consolidated vehicle shipments reaching approximately 1.3 million units — a 13% increase compared to the same period a year earlier. The company’s strongest gains came from North America, where shipments rose by around 104,000 units, up 35% year-on-year. This rebound reflects…
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BP Wins Arbitration Ruling Against Venture Global in LNG Contract Dispute
BP PLC (NYSE:BP) has emerged victorious in its arbitration case against Venture Global LNG, after the U.S. supplier failed to deliver contracted volumes of liquefied natural gas (LNG) under a long-term agreement. The legal dispute focused on Venture Global’s obligations to provide LNG to BP as stipulated in their contract. Although the specific terms of…
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Nasdaq and NYSE’s biggest gainers and losers in Thursday’s premarket
Pre-market sentiment was predominantly positive on US stock markets, suggesting an environment of moderate confidence among investors. On the NYSE , about 55% of stocks, or 1,036 companies, rose, while 551, or about 29%, fell, and 265 remained flat. On the Nasdaq , the outlook also showed a slight upward bias. Approximately 53% of listed companies, or 1,789 companies,…
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Institutional investors accelerate adoption of digital assets, State Street shows
Institutional investors are moving beyond the experimental phase and toward widespread adoption of digital assets, according to the Digital Assets Outlook 2025 report released by State Street (NYSE:STT). The survey indicates that 60% of institutions intend to increase their allocations next year, and the average exposure is expected to double within three years. The study,…
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Microsoft Seen as Top Beneficiary of GenAI Spending, Says Morgan Stanley
Morgan Stanley reiterated its bullish stance on Microsoft (NASDAQ:MSFT), telling investors in a research note that the tech giant “remains the clearest beneficiary of GenAI spend” as companies continue directing larger portions of their technology budgets toward artificial intelligence, cloud computing, and digital transformation. Citing its 3Q25 CIO survey, Morgan Stanley stated that “Microsoft remains…