News

On Wednesday, the U.S. stock market took a big hit following renewed concerns over AI spending, which pressured tech stocks, resulting in MSCI’s global equities gauge falling lower. However, the market has ticked back up as investors set their sights on a series of key central bank meetings this week that will reflect global monetary … Read more

Micron Technology, a global leader in memory chip manufacturing, exceeded analyst expectations in its fiscal first‑quarter results released late Wednesday. Micron stock rallied in extended trading, driven by investor optimism after the company posted results well above initial forecasts. Micron Technology, headquartered in Boise, Idaho, earned an adjusted $4.78 a share on sales of $13.64 … Read more

Oracle, one of the world’s leading cloud companies, is going through a crisis, according to a recent FT(Financial Times) report. The report stated that Oracle’s plans to achieve a 10 billion US dollar backing from Blue Owl Capital regarding the data center in Michigan have come to an abrupt halt. Even though Oracle stated that … Read more

Launchpad Cadenza Acquisition Corp I, a special-purpose acquisition company (SPAC), also referred to as a “blank check” company, went public on the Nasdaq on December 18, 2025, raising $200 million through its initial public offering (IPO). Launchpad Cadenza Acquisition Corp I priced its IPO at $10.00 per unit and plans to sell 20,000,000 units. According … Read more

The stock price of BigBear AI Holdings Inc.(BBAI) plummeted by 1.8% on Tuesday on the NYSE(New York Stock Exchange). With the prices going as low as $5.81 and resting on the $5.8650 level, the asset has seen one of its dismal days. Nearly 100 million shares of BBAI traded hands on Tuesday alone after the … Read more

Key Takeaways Tesla will face a potential 30-day suspension of each of its licenses to sell and manufacture cars in California following a court ruling. The administrative law judge ruled that the company’s marketing claims of  “Autopilot” and “Full Self-Driving” are misleading and deceptive.  “A reasonable consumer likely would believe that a vehicle with Full … Read more

Key Takeaways US President Donald Trump has announced that he will address the nation on Wednesday night, live from the White House at 9 PM EST. He wrote on Truth Social that 2025 has been a great year for the US, and the best is yet to come.  While both Trump’s supporters and opposers are … Read more

Key Takeaways In a rather contrary scenario, after Tuesday’s reveal of the US job market report, the stock futures slipped. Traders seem to be approaching the market cautiously, as many industry experts have warned against the credibility of the report. The US job market report recorded 64,000 job additions. But rather disappointingly, the unemployment rate … Read more

Key Takeaways The Bank of Canada (BoC) has asserted that it will only approve future Canadian dollar-backed stablecoins if they are backed by high-quality liquid assets and pegged one-to-one to a central bank-issued currency. The recommendation comes after Prime Minister Mark Carney’s government announced last month in its budget report that it would be introducing … Read more

Key Takeaways Asian Stocks Rebound After Slipping Following the US Jobs Data Asian stocks edged lower following the U.S job data release, with MSCI’s regional equity index falling by 0.1%. The market rebounded later with the Nikkei 225 closing at 49,512.28, 0.26% higher, and the Hang Seng index session ending at 25,468.78, 0.92% up. The … Read more