Latest News
EU Hits Meta with $840 Million Antitrust Fine
The European Union has issued a significant financial penalty to Meta, the parent company of Facebook, amounting to $840 million. The fine was imposed for Meta's non-compliance with the EU's strict antitrust laws pertaining t
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Cisco Targets $70 Price with Strategic Growth and Acquisitions
Argus Research has issued a buy recommendation on Cisco Systems, Inc. (NASDAQ: CSCO) with a 12-month price target of $70. This forecast suggests a significant potential upside from its recent close at $57.92. This optimism st
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Markets Looking To Bounce Back From Downward Week
U.S. indices are indicating an upwards start to the week, after experiencing a significant pullback to end the past week. The S&P 500 Index (INDEXSP: .INX) closed Friday with a 1.32% decline, down 2.30% on the week, as th
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Boohoo Shares Dip: Raises Approximately £39.3 Million
Online fashion retailer Boohoo Group (LON: BOO) revealed Monday that it has successfully raised approximately £39.3 million through a combination of a placing, subscription, and retail offer.
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Halma Acquires Lamidey Noury Medical in £42m Deal
On Monday, Halma (LON: HLMA) announced the acquisition of Lamidey Noury Medical in a £42 million deal. Lamidey Noury, a French medical device company, specialises in advanc
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Taiwan Semi To Receive $1 Billion CHIPS Act Funding By Year-End (NYSE: TSM)
In a landmark move for the semiconductor industry and U.S. technological advancement, the White House has confirmed the finalization of a significant $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. (TSM
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Applied Materials Stock (AMAT) Drops in Pre-Market as Outlook Disappoints
Applied Materials stock (NASDAQ: AMAT) is a big downside mover in the pre-market session, losing 8.39% on the back of recent earnings. The leading supplier of equipment, se
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Samsung Electronics’ Stock Bounces Off Multi Year Lows (KRX: 005930)
Samsung Electronics' stock price (KRX: 005930) witnessed a big bounce off recent lows. surging off the 50,000 level to gain 7.21% to end t
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Rio Tinto Advances Decarbonisation with GravitHy, Shares Up Early
In a significant move to contribute to the decarbonization of steelmaking in Europe, global mining leader Rio Tinto has forged definitive agreements with GravitHy, an early-stage industrial company. This collaboration is desi
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FTC Set to Probe Microsoft’s Cloud Practices
Microsoft's stock (NASDAQ: MSFT) was a rare gainer on the Nasdaq yesterday, adding 0.40% as the index fell by 0.66%, but the news on the day was not all positive.
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Apple in £3 Billion U.K. iCloud Lawsuit
Apple Inc. is embroiled in a legal battle in the United Kingdom as it faces a lawsuit amounting to £3 billion ($3.78 billion) over claims of anti-competitive practices linked to its iCloud services. A U.K. consumer rights gro
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AstraZeneca Q3: Company Has ‘Solid Momentum’
AstraZeneca's (LON: AZN) third-quarter report highlighted what analysts at Goldman Sachs are calling "solid momentum" in the pharmaceutical giant's financial and pipeline performance.
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Marks & Spencer: 5 Key Takeaways From Its Capital Markets Day
Marks & Spencer (LON: MKS) hosted its Capital Markets Day in London this week, outlining its plans for growth and efficiency. Following the event, Citi analysts shared five key takeaways:
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Tapestry and Capri Holdings Scrap $8.5 Billion Merger – TPR Stock Bounces on News
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, have mutually decided to terminate their pr
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FTSE 100 Index Bounces off 8,000 To Break Recent Losing Streak
The FTSE 100 index has exhibited a positive trend as it trades up 39 points, or +0.49% entering the closing hour. This comes after a couple of days of declines on th
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JPMorgan Sets Higher Ambitions for Mitra Keluarga Shares (MIKA)
In a notable shift of perspective, JPMorgan has upgraded Mitra Keluarga (IDX: MIKA) to "Overweight" from "Neutral," earmarking a higher trajectory for the healthcare provider's stock. This bullish amendment comes with a new p
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Unilever Explores Sale of Select Dutch Brands
Unilever (LON: ULVR), a global consumer goods powerhouse, is reportedly considering the sale of several of its Dutch food brands as part of a broader strategic overhaul led by its Chief Executive Officer Hein Schumacher. The
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Tech Industry Braces for Policy Shifts as Trump Returns
With President-elect Donald Trump poised to re-enter the White House, the United States' technology sector is on the edge of significant change. Industry leaders across the board, including influential figures like Elon Musk
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AO Smith Stock Price (NYSE: AOS) Hits New 52 Wk Low
In a recent turn of events that has market watchers and investors talking, A.O. Smith Corporation (NYSE: AOS), a major player in the water heating and treatment industry, saw its shares plummet to a 52-week low, registering a
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China’s Gigawatt Offshore Solar Plant A World First
In an impressive leap forward in renewable energy, China has announced the launch of the world's first gigawatt-scale offshore solar photovoltaic project. Situated off the coast of Dongying City, Shandong Province, this groun
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