Estée Lauder stock jumps as Puig merger talks collapse
Shares of Estée Lauder (EL) climbed sharply on Friday after the cosmetics company and Spanish beauty group Puig Brands announced they had terminated
Economy
Economy
Dow jumps 370 Points as AI optimism, Iran talks lift stocks
Wall Street opened higher on Friday ahead of the Memorial Day holiday weekend as investors monitored ongoing diplomatic efforts surrounding the nearly three-month-long
Economy
Workday stock surges after earnings; technicals point to a short-lived rally
Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It
Gold
US jobless claims fall to 209,000 as US labour market remains relatively stable
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even
Gold
Walmart stock falls as retail giant warns on profit outlook
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit
Gold
Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders
Gold
IMF warns France on fiscal risks as deficit lingers
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag
Gold
Geopolitics and the price of silver today: a practical framework
Precious metals have always been a barometer of global unease. Wars, sanctions, currency crises, and confidence shocks have been moving silver and gold
Gold
Dow, S&P 500 fall as oil prices rise and Nvidia fails to lift sentiment
US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while
Gold
Crypto platform Blockchain moves ahead with confidential IPO filing
Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public