Nike stock rallies 15%: 3 reasons why shoemaker’s shares are rising today
Nike stock price witnessed a bumper opening on Friday as it surged 15% in early trading, a day after announcing its plans to shift the production away from China. The…
Stock
650 posts
Russell 2000 to reach a new all-time high within 5 months: here’s why
The Russell 2000 index has already been in a sharp uptrend over the past three months, but Craig Johnson, the chief market technician at Piper Sandler , believes the small-cap…
Germany says DeepSeek illegally sends data to China, urges Apple, Google to review app
A top German data protection watchdog has called for tech giants Apple and Google to consider removing the Chinese AI app DeepSeek from their platforms, alleging the service unlawfully transfers…
Microsoft’s new AI chip delayed to 2026: report
Microsoft’s push to develop proprietary artificial intelligence chips has encountered a significant setback, as its next-generation Maia AI chip, codenamed Braga, is facing a production delay of at least six…
London braces for scorching heatwave, hottest start to Wimbledon expected
London is likely to experience scorching heatwaves this weekend, with temperatures climbing and peaking on Monday, according to the Met Office. Rising temperatures coincide with the start of play at…
Snap stock: 3 reasons why it looks better than a Christmas treat right now
Snap Inc (NYSE: SNAP), the parent company of Snapchat, has endured a brutal comedown since its 2021 peak, with shares down nearly 90% from their all-time high. But beneath the…
Citi Wealth CIO says traders ignoring warning signs in S&P 500
The U.S. stock market is presently witnessing an extraordinary period, with the S&P 500 Index trading at all-time highs. This remarkable rally has seen approximately $10 trillion added to the…
JPM, BAC – two gold standard bank stocks you should ‘sell’ now
Following an exciting rally in recent months, shares of JPMorgan and Bank of America may now be running on fumes only, according to a senior Baird analyst. David George recommends…
Roger Federer joins elite ranks of athlete billionaires
Tennis icon Roger Federer has now achieved the rare distinction of becoming a billionaire, placing him among a select few athletes to reach this financial milestone. While his illustrious 24-year…
Eli Lilly seen as the stronger bet amid escalating competition with Novo in India
The global fight between Eli Lilly and Novo Nordisk for dominance in the red-hot weight-loss drug market is shifting to India, one of the fastest-growing pharmaceutical frontiers. As rising obesity…