Latest News
Nvidia's $2B Nebius Stake Tests Stock as Meta Chip Ambitions Loom
Nvidia disclosed a $2 billion investment for an 8.3% stake in AI cloud provider Nebius, with shares hovering near $186. The move follows similar investments and comes as Meta announces plans to develop its own AI inference chips.
UiPath Shares Slide on Slower Growth Forecast Despite Profit Milestone
UiPath shares declined premarket as its fiscal 2027 revenue growth outlook of approximately 9% disappointed investors, overshadowing a fourth-quarter earnings beat and a new $500 million share repurchase program.
Indian Equities Under Pressure as Oil Surge, Rupee Weakness Stoke Macro Fears
Indian benchmarks extended losses Thursday, pressured by oil prices exceeding $100 a barrel and a record-low rupee. Analysts warn of a widening current account deficit and slower GDP growth.
Oil Majors Rise as Strait of Hormuz Attacks Spark Crude Price Surge
Major oil equities advanced in premarket trading Thursday as crude prices surged past $100 a barrel after new attacks on shipping in the Strait of Hormuz, though prices later eased. Broader market futures fell as traders reassessed Federal Reserve rate cut expectations.
FTSE 100 Retreats on Oil Spike, Rate Cut Hopes Dim
London's FTSE 100 declined 0.7% in early Thursday trading as Brent crude surged past $100 a barrel, dampening expectations for near-term Bank of England rate cuts and pressuring consumer-focused sectors.
Global Markets React to Geopolitical Tensions and Sector Data
Indian equities tumbled as oil surged past $100 amid Middle East tensions, while Singapore's SGX reported a six-year high in trading activity. Commodity markets saw soybean gains on strong export data.
Ripple's Australian License Bid Supports XRP Near $1.40 Amid Market Caution
XRP held near $1.40, down 1.4%, as Ripple announced a deal to secure an Australian Financial Services Licence. Broader cryptocurrency markets remained subdued amid macroeconomic concerns.
Europe's Gas Market Braces for Supply Shock as Qatar LNG Disruption Looms
European natural gas prices remained firm as Shell's force majeure on Qatari LNG cargoes threatens supply from April, prompting EU officials to consider market interventions.
Bitcoin Stabilizes Above $71K Amid ETF Resurgence, Macro Crosscurrents
Bitcoin maintained support above $71,000 as institutional ETF inflows returned, though trading remained influenced by inflation data and oil price swings. Crypto-related equities showed a mixed performance.
Gold Retreats as Dollar Gains, Geopolitical Tensions Underpin
Gold declined 0.5% to $5,165.93 per ounce as a stronger U.S. dollar pressured the metal. Silver saw a more pronounced drop of 4.1%, with other precious metals also retreating.