Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday. The U.S.-based company will launch services in markets including Czech Republic, Greece and Romania as part of a move it hopes will […]
Over the past year, Cipher Mining (CIFR) has shifted its narrative from being seen as a volatile crypto miner to an emerging artificial intelligence (AI) and high-performance computing (HPC) infrastructure player. In a market obsessed with AI capacity and power-hungry data centers, that pivot has reshaped investor perception, and sentiment has turned increasingly bullish. Even […]
Rivian shocked the market with strong earnings results, proving itself an outlier in the electric vehicle market, which has been struggling with the end of government subsidies and cooling consumer excitement. The shares of the Irvine-based high-end EV manufacturer skyrocketed 27% on Friday after it announced stronger-than-expected results, indicating that, after years of struggling with […]
Oil notched its first back-to-back weekly drop this year as traders weighed the prospect of expanded OPEC+ supplies against US-Iran nuclear talks and recent weakness in wider markets. West Texas Intermediate fell 1% for the week and ended the day little changed on Friday. President Donald Trump said the US deployed an additional aircraft carrier […]
Rivian (RIVN) reported better-than-expected fourth quarter earnings after the bell on Thursday as the pure-play EV maker ramps up for the release of its R2 vehicle, which the company said is on track for the second quarter of this year. For the quarter, Rivian reported revenue of $1.286 billion versus $1.26 billion, per Bloomberg consensus […]
Trump administration officials signed a final reciprocal trade agreement that confirmed a 15% U.S. tariff rate for imports from Taiwan, while committing Taiwan to a schedule for eliminating or lowering tariffs on nearly all U.S. goods. The document released by the U.S. Trade Representative’s office on Thursday also commits Taiwan to significantly boost purchases of […]
Emerging-market assets extended their recent gains Wednesday, shaking off a brief slump in currencies as traders dug into data on the US jobs market. Currencies in developing markets, including Brazil’s real and South Africa’s rand, sank immediately following the report showing US payrolls rose in January by the most in more than a year. The […]
A popular strategy pops up in Hong Kong around this time each year: betting on which stocks will be added to a trading link giving mainland buyers easy access to the city’s shares. The trade is simple enough: buy stocks of likely candidates in advance and sell on inclusion. Shares added to the Hang Seng […]
Robinhood (HOOD) stock tumbled 7% in after-hours trading after the trading platform’s revenue came in below expectations. Robinhood posted record revenue of $4.5 billion in 2025, including a record $1.28 billion in the fourth quarter. However, its fourth quarter revenue came in lower than $1.35 billion expected by the Street. Crypto revenue for the fourth […]
US stock futures edged higher Tuesday night as investors braced for the long-awaited January employment report after the Dow hit a third straight day of record closes. Futures linked to the S&P 500 (ES=F) climbed 0.2%, while Nasdaq 100 futures (NQ=F) added 0.2%. Dow Jones Industrial Average futures (YM=F) rose roughly 0.1%. Investors are focused […]
Software stocks mostly rebounded on Monday as Wall Street analysts pushed back against growing investor fears that artificial intelligence could disrupt the sector’s business models. Oracle (ORCL) shares jumped nearly 10% after DA Davidson’s Gil Luria upgraded the stock to Buy from Neutral, citing optimism about the company’s OpenAI deal and pushing back against fears […]
US equity futures steadied Monday evening after the Dow’s latest record close amid Wall Street’s march back to record territory following last week’s tech sell-off. Futures tied to the Dow Jones Industrial Average (YM=F) dipped around 0.1%. S&P 500 (ES=F) and Nasdaq 100 futures (NQ=F) hovered below the baseline. The muted overnight action follows another […]
