The DAX Index pulled back by over 1.37% on Thursday, erasing some of the gains made a day earlier. It dropped to €23,755 from this week’s high of €24,140. This retreated as the US-Iran ceasefire stalled and as Mercedes published weak results.US-Iran ceasefire and Mercedes-Benz deliveries The German DAX 40 Index…
European markets were poised to open higher on Wednesday after the United States and Iran agreed to a conditional ceasefire, easing fears of an immediate escalation in the Middle East and sending oil prices sharply lower.Futures indicators pointed to broad gains across the region, reflecting a global relief rally as…
The Middle East conflict is fracturing global power markets, driving dramatically different outcomes worldwide based largely on each region’s generation mix and reliance on fuel imports.“Asia spot LNG prices have surged 94% and coal prices have increased 17-31% since the conflict began, yet the impact on electricity systems worldwide varies substantially,” analysts at Wood…
As the artificial intelligence space keeps growing into a larger behemoth every day, the giants are preparing for the next steps.Anthropic is making an alliance with Nvidia, Microsoft and many other technology giants to deal with the next wave of AI systems, which may become powerful enough to reshape cyber…
Asian technology and semiconductor shares rose on Wednesday as hopes of a ceasefire between the US and Iran, along with a possible reopening of the Strait of Hormuz.The move reflected a broader relief trade after President Donald Trump said he would delay any military action against Iran, while negotiations continued…
CoreWeave stock (NASDAQ: CRWV) has become one of the more closely watched trades in the AI boom.The company sits in a sweet spot of the market, renting out access to Nvidia-powered computing infrastructure as demand for AI training and inference keeps rising.But the same story that made investors excited is…
European oil and gas shares fell sharply on Wednesday after the United States and Iran agreed to a two-week ceasefire, sending crude prices lower and prompting investors to unwind positions in a sector that had surged on fears of prolonged supply disruption.The region’s oil and gas index dropped 4.3%, putting…
Close Brothers stock surged on Wednesday after the specialist lender said the expected cost of the UK motor finance redress scheme would be broadly in line with money it had already set aside, easing investor concern after a recent short-seller attack.The stock rose as much as 23% in early trading,…
Rolls-Royce share price surged by 10% on Wednesday, reaching its highest point since March 12. It has soared by 16% from its lowest point this year. The main reason for the ongoing rally is the ceasefire between the United States and Iran, which started today. This ceasefire has led to a…
Volatility-driven investors, the biggest sellers of US equities in March, may be close to exhausting the sharpest phase of their risk reduction, according to Nomura.The bank said systematic strategies tied to realised volatility, including commodity trading advisers and volatility-control funds, had already cut a large amount of equity exposure during…









