The Dow Jones Index Futures rose and is nearing the all-time high as investors waited for key earnings from its constituent companies, the Federal Reserve interest rate decision, and the potential government shutdown. It rose to $49,412, a few points below the all-time high of $49,630. Dow Jones Index waits for key corporate earnings The
The UK government is stepping up its push to build sovereign artificial intelligence capabilities, announcing a new partnership with Meta to develop open-source AI tools for transport, public safety, and defence. The initiative, as reported by Reuters, reflects a broader effort to embed AI directly into government operations while keeping control of data, systems, and
Binance Coin (BNB) is currently testing a critical resistance zone near $915. The cryptocurrency, which is the native token within the Binance ecosystem, has seen modest gains over the past 24 hours, trading around $880.18. The altcoin’s price has risen by 0.8% in a day, reflecting cautious optimism among traders. The 24-hour trading range has fluctuated
Pinterest Inc (NYSE: PINS) is in focus this morning after the social media platform said it will lay off nearly 15% of its workforce and downsize office space considerably to “reallocate resources”. The visual search engine believes these cuts will be completed by late September, and result in up to $45 million of pre-tax restructuring
Winter Storm Fern hammered the US this weekend, and Rystad Energy has warned that the deep freeze will continue to wreak havoc on US onshore oil and gas production. “Natural gas supply outages have emerged across the US in the wake of Winter Storm Fern, with an initial loss of 2 billion cubic feet per
Corning stock (NYSE: GLW) jumped over 9% on Tuesday after the company and Meta (NASDAQ: META) announced a multiyear agreement. As part of the $6 billion deal, Corning will supply fiber-optic cables and connectivity solutions for Meta’s US data-center buildout. The landmark Meta deal Meta and Corning formalized a landmark supply partnership designed to lock
US stocks were mixed on Tuesday as gains in large technology companies lifted the broader market, while sharp losses in health insurers weighed heavily on the Dow Jones Industrial Average. Investors also positioned cautiously ahead of a heavy slate of corporate earnings and the Federal Reserve’s first policy decision of the year, due on Wednesday.
Tonight’s digest captures markets and geopolitics colliding in real time. In Abu Dhabi, Zelenskyy’s trilateral talks with Russia and the US deliver optics, not breakthroughs, as territorial red lines harden into a durable stalemate. In corporate America, Amazon’s sweeping job cuts underscore that Big Tech’s efficiency drive is structural, not cyclical. Meanwhile, investors are stampeding
Microsoft stock (NASDAQ: MSFT) jumped about 4% today, putting the tech heavyweight back in the spotlight as investors reassess both its fundamentals and its valuation. An industry comparison from Benzinga suggests Microsoft continues to stand out versus software peers on growth, profitability, and balance sheet strength, even as the signals across valuation metrics remain mixed.
The World Economic Forum’s 56th annual meeting concluded Friday evening in Davos with a sobering realization that the international order that governed global finance and politics since World War II seems dead. What emerged over those five days is a world fragmenting into competing power blocs, with technological disruption arriving faster than anyone expected. The