Vodafone share price dropped today, May 12, even as the company published strong financial results, helped by its strategic pivot to its main markets. It dropped to 112p, from the year-to-date high of 121.95p. Still, it remains substantially higher than last year’s low of 63.12p.Vodafone’s strategic pivot is paying off Vodafone,…
European shares fell sharply on Tuesday as fading hopes of a peace deal between the United States and Iran pushed oil prices higher and weighed on investor sentiment across the region.Markets remained under pressure after US President Donald Trump said the ceasefire with Iran was “on life support.”Tehran also rejected…
Intel stock’s (NASDAQ: INTC) comeback has been one of the year’s biggest market surprises.The stock was trading around $129 on Tuesday, after briefly touching an intraday high of $133.48, and it had already closed at a record $124.92 on Friday.That is a remarkable turnaround for a company that spent years…
The FTSE 100 Index retreated for the fourth consecutive day, reaching its lowest level since March 30th. It has dropped by over 6.30% from its highest point this year as geopolitical risks jumped.FTSE 100 Index chart | Source: TradingViewFTSE 100 Index drops amid rising risks in the UKThe FTSE 100…
China-focused investors are increasingly looking beyond trade tensions ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing, with market attention now centred on artificial intelligence growth and potential changes to US chip export restrictions.The shift marks a sharp contrast from previous years, when…
US stock futures traded cautiously on Tuesday as investors weighed renewed tensions between Washington and Tehran against the prospect of a key inflation reading later in the day. The focus has shifted quickly from artificial intelligence-driven optimism to a more fragile mix of geopolitics, inflation and interest-rate risk. April’s consumer…
The Dow Jones Index has held steady recently, underperforming the S&P 500 and Nasdaq 100, which jumped to a record high this year. It was trading at $49,613, a few points below the all-time high of $50,616. This article explores some of the top news that will move the index…
Global markets faced renewed uncertainty on Monday after US President Donald Trump said the ceasefire with Iran was on “massive life support,” sending crude oil prices sharply higher as concerns over disruptions in the Strait of Hormuz intensified. Meanwhile, Bitcoin held steady above the $80,000 level as investors monitored progress…
Indian banks have resumed imports of gold and silver after a disruption lasting more than a month, following their decision to pay a 3% customs levy that had earlier forced lenders to halt shipments, according to trade and government sources.The move is expected to increase India’s gold imports, potentially widening…
President Donald Trump is heading to Beijing with a business delegation that is heavy on marquee names and light on surprise.Sixteen top executives are expected to join the Beijing visit, including Elon Musk of Tesla, Tim Cook of Apple, Kelly Ortberg of Boeing, Larry Culp of GE Aerospace, Larry Fink…