Financial News & Analysis
AI-analyzed market intelligence from trusted sources
Houthis promise not to target European ships
Houthis pledge to stop targeting European ships as Bab al-Mandeb container traffic hits 3-year high, easing Red Sea trade disruption.
India Forex Reserves Fall Most in Two Years on Rupee Support
India's forex reserves fell the most in two years as the RBI intervened to support the rupee amid surging oil prices.
Diller pulled his MGM bid but kept 26.5%. In June he said he would not vote for a sale to anyone...
Deep-dive on MGM: Diller's People Inc. pulled $48.30 bid but holds 26.5% stake, complicating any rival sale; author sees MGM trading on own results.
Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s
Novo Nordisk faces competitive pressure as Eli Lilly gains ground in the GLP-1 obesity drug market.
European Stocks Set for First Weekly Gain in Four as Oil Eases
European stocks rise as oil eases on hopes Strait of Hormuz may reopen, stabilizing bond yields.
Banks Tap Billions in BOE Repo Cash to Profit on Bond Trades
UK banks use cheap BOE repo financing to profit from bond trades, signaling ample liquidity but potential risk-taking.
$ORCL’s New Mexico Data Center Lease has "Hell-or-High-Water" Terms - WSJ
Oracle's New Mexico data center lease has 'hell-or-high-water' terms amid power supply bottlenecks, raising risks for ORCL and Blue Owl.
EU urges UK to raise tariffs on Chinese cars to avoid ‘made in Europe’ barriers
EU urges UK to raise tariffs on Chinese cars, warning UK could become a backdoor into Europe.
Oracle Japan shares surge 7% after record fiscal first quarter, bucking selloff of U.S. parent
Oracle Japan jumps 7% on record fiscal Q1 sales and profit, diverging from weakness in U.S. parent Oracle.
Gold Tilts Lower as Iran Impasse Continues to Fan Rate-Hike Bets
Gold slips as the Iran impasse keeps energy prices elevated, fueling bets the Fed will hike rates further to fight inflation.
Latest Oil Market News and Analysis for DATE
Oil steadied on reports US and Iran exploring phased deal to reopen Strait of Hormuz, potentially easing supply risks.
$AKAM Announces $11.6 Billion Multi-year Agreement with Anthropic to Support Growing Demand
$AKAM announces $11.6B multi-year cloud deal with Anthropic, potentially expanding to ~$20B, plus Jabil and Lenovo agreements.