Ares Management stock was soaring ahead of the open on Tuesday, rising about 8% after the investment firm secured long-awaited entry into the S&P 500 index. The company will replace Kellanova, the snacking giant whose brands include Pringles, Cheez-It, and Pop-Tarts. Kellanova is set to be acquired by privately held Mars Inc., with the deal
At a time when the stock markets across the world are focusing on artificial intelligence, long-term players are also looking at sectors that will power the future of the AI space, most notably nuclear energy. The year 2025 was massive for nuclear energy stocks, which saw exponential growth on the backs of AI boom and
Warner Bros stock price has been in a strong bull run this year, making it the best-performing company in the Nasdaq 100 Index. It has jumped to $27, up sharply from the year-to-date low of $7.5. Paramount and Netflix bidding war for Warner Bros The ongoing WBD stock price surge happened as the bidding war
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest investment ever in Asia. The announcement came after a meeting between India’s Prime Minister Narendra Modi and Microsoft CEO Satya Nadella. The money will flow into
Gold prices rose on Tuesday as investors waited cautiously ahead of the start of the two-day meeting of the US Federal Reserve. Silver rose, tracking sharp gains in gold as prices increased nearly 2% on Tuesday. Meanwhile, oil prices fell slightly amid concerns over ample supply and as investors monitored the peace talks between Russia
Brazilian inflation is expected to have declined in November to its lowest in over a year, according to a Reuters poll, though the underlying pressures remain high. This slowdown is a reversal from the earlier months of 2024, when easing was feeble, and headline inflation had reached its highest level since February 2023. Analysts expect the 12-month
Nvidia stock (NASDAQ: NVDA) slipped into the red on Tuesday as Wall Street wrestles with competing views on what will move the company next. While US President Trump greenlighted H200 chip sales to China, the Justice Department simultaneously announced charges against smugglers moving $160 million worth of Nvidia GPUs. This collision of policy openings and
Gold prices rose to a two-week high and were on track for a fourth consecutive monthly high on rising bets that the US Federal Reserve will cut interest rates next month. Meanwhile, silver prices have outperformed gold this week, with the metal on COMEX hitting a new record high on Friday. The metal has spiked
Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin,
