The UK economy unexpectedly stalled in January, raising concerns about the country’s ability to withstand a sharp rise in energy prices triggered by the escalating conflict in the Middle East.Data released by the Office for National Statistics showed that gross domestic product remained flat in January, with 0% growth, compared…
Brazil’s industrial production rose 1.8% in January 2026 compared with December 2025, with positive results reported in seven of the fifteen locations surveyed.Pará recorded the strongest gains.Declines were concentrated in states such as Rio Grande do Sul, Espírito Santo and Ceará, while increases were registered in São Paulo, Minas Gerais…
The war with Iran has already shaken oil markets, but the latest US strike on Kharg Island reveals something deeper about how this conflict may unfold. The island is not just another military target in the Persian Gulf. It is the point where Iran’s economy connects to the global oil…
Shares of Tesla declined Thursday as broader US equity markets came under pressure amid rising oil prices and escalating tensions involving Iran.Tesla stock fell roughly 3% during the session.The weakness came alongside a broader market downturn. The Dow Jones Industrial Average dropped 611 points, or 1.3%, while the S&P 500…
Shares of US chemical producers moved higher as investors assessed the impact of escalating tensions in the Middle East on global supply chains.Companies with significant production along the US Gulf Coast, including Dow and LyondellBasell Industries, have emerged as potential beneficiaries of disruptions to petrochemical exports from the region.Analysts at…
UiPath Inc (NYSE: PATH) opened in the red this morning after the firm’s muted full-year outlook tempered its Q4 beat and announcement of a new $500 million share repurchase programme.To some, the sell-off may look like an overreaction, especially given that the software company posted its first-ever profit on a…
Advanced Micro Devices (NASDAQ: AMD stock) slipped nearly 3% on Thursday as investors looked past an important overseas trip by Chief Executive Lisa Su and focused instead on a more immediate problem.The plunge on Thursday came amid broader market weakness as the oil prices continue to rise and the Iran-US…
Investors are bailing on Lucid Group (NASDAQ: LCID) this morning as the “ambitious” plans it laid out in its Investor Day presentation failed to alleviate concerns of widening losses and future dilution.However, for high-risk long-term investors, the firm’s announcement of mid-size electric SUV and robotaxi initiatives warrants looking beyond its…
US stock markets closed firmly in the red on Thursday as the major indices fell to their lowest since November of last year.The investors remained on edge as the US-Iran war continued to weigh on the sentiment, and oil prices continued their upward trajectory.Dow Jones closed 739 points lower at…
Investors in Goliath Ventures have filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan Chase of enabling an alleged $328 million crypto Ponzi scheme.The lawsuit claims JPMorgan served as Goliath’s primary bank during the operation, processing deposits and transfers to Coinbase…