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Market News
Latest financial news and analysis from global markets
PYPL
UK FCA opens competition investigation into PayPal, Visa and Mastercard
The FCA’s move comes amid rising digital wallet usage in the UK.
V
UK FCA opens competition investigation into PayPal, Visa and Mastercard
The FCA’s move comes amid rising digital wallet usage in the UK.
INTC
Does GameStop's Proposed Acquisition of eBay Make Sense for Its Stock?
GameStop is looking to acquire a much larger company than itself.
NVDA
Does GameStop's Proposed Acquisition of eBay Make Sense for Its Stock?
GameStop is looking to acquire a much larger company than itself.
AMD
Is It Too Late To Consider AMD (AMD) After Its 314% One Year Surge?
Investors may be wondering whether Advanced Micro Devices stock still offers value at current levels, or if the price already reflects the story they are buying into. The stock last closed at US$421.39, with returns of 18.9% over 7 days, 90.2% over 30 days, 88.6% year to date and 314.3% over 1 year. This naturally raises questions about what is already priced in. Recent headlines around Advanced Micro Devices have focused on its role in high performance semiconductors and its position in...
USDCUSD
Circle’s MiCA Win And Kyriba Deal Put USDC In Corporate Focus
Circle Internet Group integrated USDC into Kyriba's enterprise treasury platform following new regulatory approval in France under the EU's MiCA framework. The company can now offer crypto-asset custody and stablecoin payment services across the European Economic Area, with the Kyriba partnership adding AI-powered tools for real-time USDC treasury management. These developments arrive shortly after a bipartisan Clarity Act compromise on stablecoin legislation, creating a clearer regulatory...
UBER
SoftBank Stock Surges on Chip Optimism
Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.
AMD
SoftBank Stock Surges on Chip Optimism
Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.
ABT
Abbott Cardiac Data Sheds Light On Heart Rhythm Pipeline And Earnings Story
Abbott Laboratories (NYSE:ABT) released new late breaking clinical data on its advanced cardiac devices, focusing on pulsed field ablation and conduction system pacing. The data highlights patient outcomes for the TactiFlex Duo Ablation Catheter, UltiSynq CSP ICD lead, and AVEIR CSP leadless pacemaker in complex heart rhythm disorders. These results add fresh detail on Abbott's electrophysiology and device pipeline beyond its recently covered AI enabled imaging approvals. For anyone...
COST
Jet Li is the latest millionaire to admit he loves shopping at Costco — why the ultrawealthy can’t resist saving a buck
Celebrities and multimillionaires love Costco. But why are they buying in bulk when they could purchase anything at any price point?
AMZN
Amazon Business adds same-day grocery delivery in 2,300 US cities
Fulfilment runs through Amazon's temperature-controlled logistics infrastructure, with delivery timed to customer-specified windows to accommodate business operating hours.
USD/JPY
Japan may have spent $32 billion in additional yen-buying intervention
By Atsuko Aoyama and Rocky Swift TOKYO, May 7 (Reuters) - Japan may have spent as much as 5.01 trillion yen ($32.06 billion) in its latest efforts to bolster its embattled currency, central bank data