Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23%......
Nearly a month after US and Israeli strikes ignited the US-Iran conflict on February 28, fund managers scramble to reshape portfolios. Persistent volatility and surging oil prices upend standard investment approaches. Investors rush to cash and safe havens. One Australian small-cap fund boosted its......
Futures tied to Canada’s main stock index, the S&P/TSX Composite, slipped on Friday as ongoing uncertainty surrounding the Middle East conflict kept investors cautious. Gains in oil and gold prices limited losses in the resource-heavy market. As of 06:26 a.m. ET, June futures on the TSX were......
Canada and the South American Mercosur bloc are making progress toward a free-trade agreement, with a new round of talks planned in Brasilia next month, according to sources familiar with the negotiations. Officials from Canada, Argentina, and Brazil indicated that the agreement could be finalized in......
TotalEnergies stated Thursday that the world will miss the 2050 carbon neutrality target set by the Paris Agreement, prompting the French energy giant to reassess its own climate goals. The announcement in its 2026 Sustainability & Climate Progress Report marks an official retreat from a pledge first......
Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation......
Enterprise software stocks fell sharply on Tuesday after a report by The Information revealed that Amazon Web Services is developing AI agents to automate functions across its sales, business development, and technical specialist teams. The disclosure reignited investor fears that autonomous AI agents......
Melius Research has lowered its price target on Microsoft to 400 dollars from 430, maintaining a neutral rating and signaling growing skepticism about the company’s ability to convert its heavy artificial intelligence investments into sustained revenue. Analyst Ben Reitzes described Microsoft’s......
Jet fuel prices have surged sharply in recent weeks, sending shockwaves through the global aviation industry as supply disruptions linked to the Iran conflict drive costs to levels not seen in decades. Data from the International Air Transport Association shows the global average price of jet fuel reached......
TotalEnergies and U.S. authorities announced on Monday a major shift in energy strategy, redirecting nearly $1 billion initially allocated for offshore wind projects to oil and natural gas production in the United States. As part of the agreement, the U.S. government will reimburse TotalEnergies for......
Grab Holdings has agreed to acquire foodpanda’s delivery business in Taiwan for $600 million in cash, marking the Singapore-based company’s first expansion outside Southeast Asia. The deal will extend Grab’s footprint to a ninth market, adding operations in 21 Taiwanese cities and......
DoorDash has introduced an emergency relief program aimed at supporting delivery drivers in the United States as fuel prices continue to rise sharply. The initiative comes at a time when gig workers are facing increasing operating costs due to higher gasoline prices linked to global energy market disruptions. Under......
Berkshire Hathaway has acquired a 2.5 percent stake in Japan’s largest insurer, Tokio Marine Holdings, in a deal valued at about $1.8 billion, marking a new strategic partnership between the two companies. Tokio Marine said it would sell treasury shares worth 287.41 billion yen to National Indemnity,......
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