U.S. stock futures posted gains on Sunday ahead of a shortened trading week during Christmas, as traders deliberate whether tech stocks can regain lost footing by the end of the year. Dow Jones Industrial Average futures rose 0.2%, while S&P 500 futures and Nasdaq 100 futures are up 0.2% and 0.3%, respectively. This follows a … Read more
With a strategic shift in its operational model, Phillips 66 (NYSE: PSX) stocks look like a lucrative option if the goal is for strong growth from dividends. It is with great enthusiasm that the industry welcomed the news that Phillips 66 is going to acquire the remaining 50% interest in WRB Refining LP from Cenovus … Read more
Nikkei surged over 2% in the morning session, backed by major tech shares recording gains on Wall Street. The Nikkei morning session was closed at 50,402.39, gaining 1.81%. Resonac Holdings topped the Nikkei gainers with a 7.8% jump, followed by AI-linked materials maker Mitsui Kinzoku, which climbed 7.7%. The tech giants riding on the Artificial … Read more
According to the Forbes Real-Time Billionaires List, Elon Musk’s net worth has soared and reportedly climbed to around $681 billion. With Thursday’s Forbes update, Musk has become the first individual to surpass the $600 billion net worth mark, setting a new benchmark in billionaire rankings. The $681 billion figure is more than double that of … Read more
It was highly anticipated that the Bank of Japan (BOJ) would raise the interest rate. On Friday, this announcement ended all speculation, and the anticipated result became true as the BOJ raised the rates by 0.75%. This marked a historic move from the BOJ as it raised its level from the previous 0.5% raise back … Read more
The U.S dollar edged higher amid cautious positioning among investors amid the major events. The US Dollar Index (DX-Y.NYB) rose by 0.14 points to 98.49 at press time. The strengthening of the dollar is attributed to a mixed reaction after the release of U.S Consumer Price Index (CPI) data, and monetary policy announcements from the … Read more
The stock market scenario of the Gulf seems to have taken a pause in anticipation of the upcoming U.S. CPI (Consumer Price Index) data release. The CPI data release carries a lot of weight as its condition will play a key role in determining whether or not the Federal Reserve will initiate further interest rate … Read more
The much-awaited nationwide address of US President Donald Trump happened on Wednesday night. During his address, Trump spoke about the sweeping achievements that his administration has made across various sectors, such as foreign policy, economic revival, border control, and domestic governance, during the first year of his second term as president. As expected, Trump did … Read more
Asian stocks fell amid the continued tech sell-off, as the AI-focused enthusiasm is losing steam due to fears surrounding overstretched valuations, increased tech infrastructure funding, and delays in meaningful returns. Japan’s Nikkei 225 closed lower at 49,001.50, shedding 1.03%. Hong Kong’s Hang Seng Index is trading at 25,390.74, 0.31% down at press time. AI poster … Read more
Medline (MDLN), one of the largest manufacturers and distributors of medical supplies, has officially made its highly anticipated debut on the Nasdaq Global Select Market on Wednesday, December 17, 2025. The launch, which marks the transformation of the company into a publicly traded entity, is considered a milestone moment for both the healthcare sector and … Read more
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