Nu Holdings Stock price is Soaring—Should you buy now?
Nu Holdings stock price has staged a strong comeback in the past two months as demand jumped and investors bought the dip. The stock jumped to a high of $13.65…
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Goldman Sachs sees Nvidia, Broadcom as undervalued AI winners: here’s why
Goldman Sachs is drawing investor attention to a group of underappreciated beneficiaries of the artificial intelligence (AI) investment cycle. According to the brokerage, Nvidia, Broadcom, Cadence Design Systems, and Synopsis…
Brazilian markets reel after Trump slaps surprise 50% tariff
Brazil’s financial markets experienced a shaky opening on Thursday after US President Donald Trump unexpectedly raised new tariffs on Brazilian exports to 50%, compared to the 10% level he had…
Wall Street opens flat as tariff jitters weigh on sentiment; Dow slips into red
The investors at Wall Street treaded with caution on Thursday, expecting President Donald Trump to make fresh announcements about the imposition of high tariffs on more countries and sectors. The…
Kellogg shares soar 30% on Ferrero deal: what it means for investors
WK Kellogg Co (NYSE: KLG) soared about 30% on Thursday morning after Italian confectionary giant Ferrero said it will buy the cereal maker for $3.1 billion. Ferrero’s deal values each…
Eigen Labs lays off employees to focus on EigenCloud growth, EIGEN rallies
Cryptocurrencies performed well on Wednesday, with Bitcoin steady despite the new tariff wave. Eigen Labs’ native token has turned bullish amidst the optimism, possibly driven by the latest ecosystem announcement.…
Reliance delays Jio IPO: here’s why the $100 billion giant is holding back
Billionaire Mukesh Ambani-led Reliance Jio Platforms has opted to postpone its highly anticipated initial public offering (IPO), shelving plans for a 2025 listing. According to people close to the matter,…
Asia markets mixed as Trump expands tariffs: Hang Seng slumps 1%, Nikkei extends gains
Asian markets ended mixed on Wednesday after US President Donald Trump escalated trade tensions with steep new tariffs targeting copper, semiconductors, and pharmaceutical products. Meanwhile, deflationary pressures in China’s industrial…
Goldman Sachs demands loyalty oath as Wall Street war for young talent escalates
The race to attract and keep young talent in the financial world is getting more intense than ever. In response, major investment banks like Goldman Sachs are rolling out bold…
Verona Pharma shares jump with Merck set to acquire company in $10 billion deal
Merck announced Wednesday it will acquire UK-based Verona Pharma for approximately $10 billion, deepening its commitment to respiratory treatments as the company prepares for a revenue gap following the patent…