Fiserv stock price has suffered a rude wakeup call after erasing over $116 billion in value in the past few months. Its stock plunged from a high of $237 earlier this year to $70 today. It has formed a death cross pattern, meaning that the sell-off could continue.Fiserv stock price…
Elon Musk’s satellite venture Starlink has signed its first telecom partnership in the UK, joining forces with Virgin Media O2 (VMO2) to offer mobile connectivity through space-based technology. The deal marks a strategic shift in the British telecom market, aiming to close the coverage gap in rural and remote regions…
OpenAI is laying the groundwork for a potential initial public offering that could value the company at around $1 trillion, according to recent reports from Reuters.The ChatGPT maker is considering filing with securities regulators as soon as the second half of 2026, with a possible listing in 2027, and has…
In a move that highlights the escalating battle for dominance in the global weight-loss treatment market, Danish pharmaceutical giant Novo Nordisk A/S has made an improved takeover offer for US-based biotech start-up Metsera Inc.The renewed proposal aims to beat Pfizer Inc.’s earlier acquisition agreement and strengthen Novo’s position in a…
E-commerce giant Amazon is set to report its third-quarter 2025 earnings later today, and investors and analysts will be closely watching for signs of acceleration in its cloud-computing division, Amazon Web Services (AWS).The company’s shares have risen only about 4% this year, far behind its Magnificent 7 peers, and analysts…
Dow futures declined over 160 points in early trade on Thursday, as investors digested a mixed bag of Big Tech earnings, the latest Federal Reserve policy decision, and the outcome of the Trump-Xi summit.The Dow Jones Industrial Average futures were down about 0.2%, reflecting a pause in the recent market…
Lynas Rare Earths, an Australian company, announced on Thursday a 66% increase in its first-quarter revenue compared to the previous year. Despite this growth, the results did not meet market expectations. However, the company noted robust demand for its strategic metals from both current and new customers.Governments globally, excluding dominant rare…
The United States has announced a major recalibration in its trade relationship with China, cutting tariffs on Chinese imports to 47% from 57%. The decision followed President Donald Trump’s meeting with Chinese President Xi Jinping in Busan, South Korea — their first since Trump’s return to office.The talks resulted in…
The Bank of Japan (BOJ) on Thursday kept its benchmark interest rate unchanged at 0.5% during its first monetary policy meeting since Prime Minister Sanae Takaichi took office earlier this month. The move was widely expected by economists polled by Reuters, who had forecast a cautious stance amid persistent inflationary…
Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, driven by a rebound in oil production and strong state investment in non-oil industries. Bloomberg states that the latest data show that the kingdom’s growth momentum is returning just as its Vision 2030 projects demand…