Why Europe’s energy bill is crushing euro and fueling dollar demand?
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure
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Nexthop AI raises $500M at $4.2B valuation
Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz
Stocks
These are 4 AI chip stocks Citi wants you buying now
The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings
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Nio swings to profit as premium SUVs, cost cuts drive turnaround
Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses.
Stocks
US stocks open flat after Trump’s comments calm nerves
US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran.
Stocks
Oracle’s massive AI cloud bet draws scrutiny after $50B financing push
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company
Business
Hims stock jumps 50% as Novo Nordisk ends lawsuit, strikes deal
Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped
Business
Lockheed Martin stock: prepares for windfall as Iran war continues
Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on
Business
Nigel Farage buys stake in Bitcoin treasury firm as crypto push grows
Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company
Business
Analysis: Can Gulf oil find new routes if Hormuz remains shut?
With conflict escalating in the Middle East Gulf, the crucial Strait of Hormuz has effectively shut down, immediately halting the transit of oil