The S&P 500 Index and its top ETFs, like the SPY and VOO have surged and moved to their all-time highs this year, helped by the ongoing tailwinds in the artificial intelligence industry. The index jumped to a record high of $6,692, up by almost 40% from its lowest level this…
Commerzbank share price has pulled back from its highest point this year as investors wait for more information from UniCredit. The CBK stock was trading at €32.7 on Friday, down from the year-to-date high of €38.3. Still, it is one of the best-performing companies in the blue-chip DAX Index. It has…
TeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets.…
The UK has launched a new national commission to address the use of artificial intelligence in health care, aiming to attract global investment while ensuring patient safety. The commission brings together doctors, academics, and regulatory experts to design a framework for AI medical devices, with a final version expected in…
Hackers have exploited vulnerabilities in Cisco Systems’ firewall devices used across US federal agencies, according to officials.The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on Thursday, ordering civilian agencies to identify and mitigate breaches.The flaws were used to implant malicious code and execute commands, raising fears of…
The US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home.Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday.The idea: curb America’s…
European exchanges kicked off the session strongly on Friday, with London’s FTSE 100 rising to 9,227.08 (+0.14 %), Germany’s DAX opening at 23,629.84 (+0.40 %), and France’s CAC 40 reaching 7,845.82 (+0.65 %) in early trading. These gains come as investors in Europe recalibrate their expectations in light of new…
Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources.The move would add Momenta to a growing list of Chinese firms looking…
In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR) among them—disrupting operations, exposing customer data, and triggering heavy financial losses. These breaches reveal emerging attack strategies, gaps in corporate defences, and how cyber risk can now ripple…
Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates. The declines followed the Trump administration’s announcement of a sweeping new round of tariffs, including 100 percent duties on imported branded pharmaceuticals, 25 percent on heavy-duty trucks, and…