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BAE Systems Secures $92M Navy Submarine Deal
BAE Systems (LON: BA), the multinational defense, security, and aerospace giant, has been granted a significant contract with the U.S. Navy, valued at $92 million. This
Chinese Stocks Rally in Hong Kong Market, Hang Seng Index Closes Week Strong
Investors in the Hong Kong market received a boost as Chinese shares soared, taking the Hang Seng Index to multi-year highs. The euphoria that continues to rip
China’s E-Commerce Giants Battle for Hong Kong Market
Chinese e-commerce giants Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) are intensifying their competition in the Hong Kong market, deploying significant investments to capture more consumers.
TSMC and Samsung to Build Possible Mega Chip Factories in UAE?
In a move that could reshape the semiconductor landscape, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), known widely as TSMC, is in discussions with Samsung Electronics Co, to form a partnership that would l
Why Is Rolls Royce Share Price (LON: RR) Up This Year?
Rolls-Royce share price (LON: RR) has seen a remarkable increase this year, with the first three quarters of 2024 bringing in gains of 76.9%. Whilst the performance so far in October is broadly flat, there seems to be plenty
What Would JPMorgan’s Valuation Look Like Without Dimon At The Helm?
As speculation mounts about when the tenure of Jamie Dimon will eventually come to a close at JPMorgan Chase, analysts assert that his eventual departure could significantly impact the bank's stock value (NYSE: JPM).
Watches of Switzerland Acquires Hodinkee, Shares Rise
Watches of Switzerland Group (LON: WOSG) shares rose by 2% in early Friday trading, following a recent four-day decline. The acquisition of Hodinkee, the digital editorial content provider for luxury watch enthusiasts, has bo
Virgin Wines Shares Jump on Ocado Strategic Partnership
Virgin Wines UK (LON: VINO) shares rose 5.6% in early trading on Friday after the company announced a strategic partnership with Ocado (LON: OCDO), the online supermarket business.
Malaysia’s KLCI Sees Marginal Gains Amidst Cautious Trading
In a day marked by caution and measured expectations, Malaysia's FBM KLCI inched forward modestly, making incremental gains amidst a backdrop of restrained investor ac
Supply Chain Woes as U.S. Dock Strike Hits Hard
The International Longshoremen's Association (ILA) is currently leading a dock strike that has struck a critical blow to supply chains along the U.S. East and Gulf Coasts. The stoppage of work arises from a dispute over wages
US Chips Production Fast-Tracked with New Law
In a decisive step for American technological competitiveness, President Joe Biden has signed a law exempting certain U.S. chipmaking facilities from federal environmental reviews.
Citi Elevates Southwest Airlines (LUV) Price Target, Prefers Rivals
Southwest Airlines stock (NYSE: LUV) has been given a boost after receiving a price target revision by Citi analyst Stephen Trent, raising the benchmark to $31.50 from the former $28.25.
Rio Tinto Shares Raised by Berenberg Despite YTD Decline
Investment bank Berenberg upgraded Rio Tinto (LON: RIO), the mining giant, to Buy from Hold in a research note this week, with
Indian Indices Pull Back Slightly After Posting Strong First Half of FY25
The Indian stock market has begun the second half of the fiscal year in negative territory, with the Nifty 50 index down 2.15%, and the Sensex 2.17% in the red throug
Joby Aviation Stock (JOBY) Soars on Capital Infusion, Analysts Views Mixed
Joby Aviation, a pioneer in the air mobility sector, saw its stock price (NYSE: JOBY) rise an impressive 27.92% to $6.14, reflecting a bullish response from markets to new financial developments. Such was the rise of JOBY's s
Nvidia’s Blackwell Sales Get Vote Of Confidence From JP Morgan
As the pre-market session progresses, shares of Nvidia Corporation (NASDAQ: NVDA) are trading with a bullish sentiment, evidenced by a 0.85% increase in stock price
Alibaba Stock Buyback Gathers Pace, $22BN Still On Deck
Alibaba stock (NYSE:BABA) has been on a rally, with gains of 54.16% on a YTD being driven in part by an acceleration that has gripped Chinese stocks since the news of stimulus incoming from the world's second largest economy.
Tesco Shares Rise After Full-Year Profit Guidance Increase
Tesco (LON: TSCO) shares gained almost 2% in early Thursday trading after the supermarket giant raised its full-year profit f
Super Micro’s Stock Price (NASDAQ: SMCI) Eyes Post-Split Recovery
Super Micro Computer Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server technology and innovation, recently underwent a significant change in its stock structure. The company announced a 10-for-1
M&T Bank Receives Outperform Rating From Evercore ISI
In a notable shift in investment outlook, Evercore ISI has upgraded M&T Bank's (NYSE: MTB) status from In Line to Outperform, setting a new price target of $210. This reflects a positive adjustment in the bank's projected