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
Ford and Renault are setting up a new production strategy in Europe as competition from Chinese electric carmakers intensifies. Both companies face cost pressures and market shifts that are changing how vehicles are made across the region. Their plan focuses on shared platforms, cheaper development cycles, and flexible output as the European Union prepares updates
Lloyds share price has remained in a tight range in the past few days as the important resistance level at 100p remained elusive. It was trading at 96p as the post-Autumn Budget rally stalled. It has jumped by 84% this year, its best performance since 2012 when it soared by 86%. So, does the stock
Germany’s trade data for October offered a brief moment of stability for an economy that has struggled to regain consistent strength, but the figures also highlighted how rising competition from China is reshaping the country’s global position. The latest update from Destatis showed only a slight improvement in exports, yet even this small change has
UK households sharply pulled back on spending last month, posting the steepest annual decline in almost five years, as uncertainty around the government’s budget and rising economic concerns prompted consumers to delay Christmas purchases. Barclays reported that card spending fell 1.1% year on year in November, the biggest decline since February 2021, underscoring the fragility
The cryptocurrency market’s bullish start to the week has stalled, with Bitcoin dropping to the $90k region. Altcoins are also in the red as they retest the weekend lows after performing excellently on Monday. PEPE, the native token of the Pepe memecoin, has dropped below the $0.000005 region after losing 1% of its value in