The HSBC share price has remained inside a narrow range in the past few months as investors assess its performance. It was trading at 1,320p on Thursday, up by 4.2% from its lowest point this week. It may be ripe for more gains in the near term after forming a…
The dominant narrative surrounding Indian equities this year has been one of missed opportunity.India has been largely bypassed by the AI investment boom, with foreign investors pulling nearly $26.4 billion from local equities so far in 2026. The pace of withdrawals puts the country on track to surpass the record…
OpenAI and Anthropic are heading toward the public markets with trillion-dollar ambitions, but their fight for enterprise customers is now shifting to price.OpenAI is weighing steep cuts to what it charges developers for AI tokens, according to a Wall Street Journal report, as it prepares for a possible pricing battle…
Mercedes-Benz has announced a partnership with German startup Tytan Technologies to manufacture vehicles for anti-drone systems, marking the latest move by a European automaker into the defence sector.The German carmaker signed a memorandum of understanding with Tytan Technologies at ILA 2026, the International Aerospace Exhibition, on Wednesday.Under the agreement, Mercedes-Benz…
Micron stock (NASDAQ: MU) has dropped sharply after one of the most powerful rallies in the AI trade.The memory-chip maker has fallen about 12% over the past five trading sessions, with some market reports putting the slide closer to 13%.That sounds dramatic, but it follows an even bigger move in…
European stock index futures were relatively mixed today, June 11, as investors watched the developments in the Middle East and the impact on the energy market. They also wavered ahead of the European Central Bank (ECB) interest rate decision.Futures tied to the German DAX dropped by 80 points to €24,160.…
Shares of Hugo Boss rose sharply on Thursday after Britain’s Frasers Group announced a takeover offer worth approximately €1.98 billion ($2.3 billion) for the German fashion company.The offer comes from Hugo Boss’ largest shareholder, Frasers Group, which already owns slightly more than 26% of the company’s shares. Frasers has proposed…
SpaceX is heading into its Nasdaq debut with the kind of demand most companies can only dream of.The Elon Musk-led company has reportedly drawn about $250 billion of investor orders for a $75 billion IPO, making it the largest public listing ever attempted.On paper, that looks like a blockbuster setup,…
The 2026 FIFA World Cup kicks off on Thursday in Mexico with an opening ceremony followed by the tournament’s first match between hosts Mexico and South Africa, marking the beginning of the largest World Cup in history.Spread across the United States, Canada, and Mexico through July 19, the tournament is…
London’s FTSE 100 index moved higher on Thursday, supported by a rebound in financial stocks, although gains remained constrained by ongoing tensions in the Middle East and growing investor concerns over rising corporate spending on artificial intelligence.The blue-chip FTSE 100 climbed 0.6% to 10,316.05 points by 0917 GMT. Meanwhile, the…