Cryptocurrencies surged on Tuesday following the release of cooler-than-expected inflation data, which diminished expectations for a…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
IBM Shares Plunge 25% Amid Disappointing Earnings Report
IBM shares fell 25.21% to $217.07 on Tuesday following a disappointing earnings report. The stock traded…
Grasim Acquires Sprng Energy for $1.8 Billion Deal
On Monday, Aditya Birla Renewables announced the acquisition of Sprng Energy from Shell Plc for an…
Iran Prepares to Challenge US Naval Blockade in Hormuz
Iran is reportedly preparing to test the United States' naval blockade of its ports, with 23…
China Increases US Treasury Holdings Amid Geopolitical
China increased its holdings of U.S. Treasuries to $659.3 billion in May, up from $651.1 billion…
India-UK Trade Deal Takes Effect, Tariffs Reduced Significantly
The India-UK free trade agreement (FTA) came into effect on Wednesday, significantly reducing tariffs on 99%…
Citi Plans $30B Buyback, 12% Dividend Increase Amid Growth
Citigroup announced a $30 billion share buyback plan and a 12% increase in its quarterly dividend…
Trump Threatens Strikes on Iran Amid Hormuz Tensions
President Donald Trump has threatened to expand U.S. military strikes on Iran to include power plants…
IBM Shares Plunge 25% After Disappointing Earnings Report
IBM's stock fell 25.2% on Tuesday, marking its largest single-day decline in 115 years, following a…
Udaan Secures $160 Million Amid Ongoing Insolvency Issues
Udaan, a business-to-business e-commerce platform, announced a financing round of approximately $160 million on Tuesday. This…