ABB lifts its 2026 outlook: here’s what’s driving the 5% stock pop
Swiss engineering group ABB raised its 2026 sales outlook on Wednesday after reporting a stronger-than-expected rise in first-quarter revenue, driven by surging demand from data centres processing artificial intelligence data.…
Here’s why the Hang Seng Index is falling after ceasefire extension
The Hang Seng Index sank by over 1.30% on Wednesday as concerns about the fragile ceasefire between the United States and Iran continued. It retreated to $26,137, erasing some of…
Coinbase-backed x402 launches Agentic.market platform for AI services
Coinbase-backed x402 has rolled out a new marketplace designed to help AI agents discover and pay for digital services without relying on traditional API access. Coinbase product lead Nick Prince…
USD/ZAR forecast ahead of South Africa inflation report
The USD/ZAR exchange rate remained under pressure this week as traders waited for the upcoming South African inflation report, which will provide more information on what to expect from the…
The Strait of Hormuz keeps markets on edge as ceasefire deadline nears
Fifty days into a war that has rewritten the rules of global energy, the Strait of Hormuz has opened and closed three times already. The last opening lasted less than…
Nikkei 225 Index flashes a cup-and-handle, pointing to a surge to ¥60k
The Nikkei 225 Index held steady at a crucial resistance level on Monday as investors waited for the upcoming talks between the US and Iran. It was trading at 59,045…
Inside the great AI talent war draining startups, powering Big Tech’s ambitions
The global race to dominate artificial intelligence is increasingly defined not just by capital investment or computing power, but by a fierce, escalating battle for a small pool of elite…
Crypto market crash today: Here’s why altcoins and BTC are going down
A crypto market crash is underway today, with Bitcoin and popular altcoins being in the red. Bitcoin price dropped to $76,000 from last week’s high of $77,000. Some of the…
Dow Jones surges 860 pts as Hormuz reopening lifts stocks to highs
US stocks surged on Friday, with major indexes hitting fresh records as investors cheered Iran’s decision to reopen the Strait of Hormuz and growing optimism around a potential end to…
Top FTSE 250 and FTSE 100 shares to watch: LSEG, Sainsbury’s, ASOS
The FTSE 100 Index rally stalled this week, even as its US counterparts soared to a record high amid falling fears of the ongoing Iran war. It was trading at…