Wall Street’s most persistent bull, Tom Lee, is doubling down on a vision of the future that would make even the most seasoned optimist blink. The Fundstrat Global Advisors co-founder, known for his uncanny accuracy during post-pandemic recovery, believes S&P 500 is on a collision course with the 15,000 mark by the end of this
Global markets closed the week on a cautious note, with multiple asset classes reflecting heightened uncertainty. The cryptocurrency market weakened amid a broader risk-off mood, while geopolitical tensions and rising oil prices shaped equity sentiment. At the same time, Elon Musk’s potential plans for a retail-heavy SpaceX IPO drew attention, even as foreign investors accelerated
CrowdStrike Holdings Inc (NASDAQ: CRWD) is inching lower on Mar 27 after partner Anthropic previewed a “breakthrough” AI model with advanced cybersecurity capabilities it’s calling Claude Mythos. Adding to the pressure are reports of Amazon.com Inc, another one of CRWD’s partners, developing a sophisticated artificial intelligence tool to handle sales, business development, and other tasks.
US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging oil prices dampened investor sentiment. The Dow Jones Industrial Average dropped 793.47 points, or 1.73%, to 45,166.64, entering correction territory on an intraday basis. The
Revolut, the giant British fintech company, is firing on all cylinders, a trend that may accelerate now that it received a UK banking license last year. Revolut revenue, profits, and users are soaring In a financial statement, the company said that its revenue and profits continued growing in 2025 as more people moved to its
European markets opened mixed on Tuesday as investors turned cautious at the start of the session, with major indices opening in negative territory. The UK’s FTSE 100 was trading about 0.3% lower around the 10,300 mark in early deals, while Germany’s DAX hovered near 22,500 and was set to open roughly 0.5% down. France’s CAC
Puig stock (PUGBY:OTCPK) surged over 15% on Tuesday after Estée Lauder confirmed it is in talks over a potential merger with the Spanish beauty group. The development revived investor excitement around a deal that could reshape the global prestige cosmetics market. However, the sources from the companies said that the deal is not finalized yet,
Anthropic has expanded its AI assistant Claude with new computer-use capabilities, allowing it to carry out tasks directly on a user’s device. The update signals a broader shift among AI firms towards building autonomous agents that can complete real-world actions beyond chat. Announced on Monday, the feature enables users to assign tasks remotely, including from
The global investor sentiment has been anything but positive over the past some weeks. The war in the Middle East is impacting almost every nation, with investors rushing towards safe havens amid mounting losses and economies facing supply shocks. Fresh listings amid such conditions come with big risks. But, even before the latest escalation in
FedEx is stepping deeper into the fast delivery race with a new same-day shipping programme powered by last-mile logistics firm OneRail. The move, as reported by a CNBC exclusive, comes just days after Amazon revealed plans to introduce delivery windows as short as one to three hours across parts of the US. As retailers face