US stocks opened higher on Wednesday, extending momentum from the previous session’s sharp rally, as investors grew increasingly hopeful that the conflict between the United States and Iran could be nearing an end. Markets were buoyed by comments from Donald Trump and Secretary of State Marco Rubio, who indicated that the war could soon wind
Intel said it will spend $14.2 billion to buy back the 49% stake it previously sold to Apollo Global Management in its Ireland manufacturing facility, marking a significant step in its turnaround strategy as demand for artificial intelligence infrastructure gathers pace. The transaction will restore full ownership of the Leixlip-based plant to Intel, underscoring its
Airbus share price has moved into a bear market after falling by over 27% from its highest point this year. It dropped to €157 this week, down sharply from the year-to-date high of €220. This article provides what to expect in April when the company publishes its earnings. Airbus share price technical analysis points to
Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value
Beiersdorf stock’s long slump has finally been enough to make one major broker step back from its bearish stance. UBS upgraded the German skincare and consumer-goods group to “neutral” from “sell” on Tuesday. The analysts argued that after a two-year share-price slide, the valuation now looks far less demanding. But the move was hardly a
The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in the United States. SCHD ETF main limitation is its low dividend yield This growth has been driven by the ongoing rotation from growth to value, and the fact that it has a
Bulgaria is poised to become the first European Union member state to introduce a dedicated support scheme for energy-intensive industries, aiming to shield firms from elevated power costs stemming from the energy crisis triggered by the war in Iran. Energy Minister Traicho Traikov said the programme is in the final stage of European Commission approval
AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based company stated that the facility, situated in Lappeenranta near the Russian border, is being developed by its Finnish partner, Polarnode, and is expected to come online in phases starting in 2027. Valued
Novo Nordisk cut prices for its diabetes and weight-loss injections Ozempic and Wegovy in India on Tuesday, marking a second reduction aimed at countering cheaper local generics. The company lowered list prices by up to 36% for Ozempic and up to 48% for Wegovy, with the move following the March 20 expiry of India’s patent
US stocks rose on Tuesday, as investors responded positively to signs of potential de-escalation in the Middle East conflict, even as oil prices remained elevated and broader market risks persisted. The Dow Jones Industrial Average climbed 380 points or 0.8%, while the S&P 500 and Nasdaq 100 also advanced more than 1%. The gains followed