Financial Markets
Moderna Stock Plunges as Company Slashes 2025 Revenue Forecast and Announces Major Cost Cuts
Moderna (NASDAQ: MRNA) shares tumbled 18% in premarket trading on Monday after the biotechnology company significantly lowered its 2025 revenue forecast and announced...
Kalshi’s Evolution: From Election Betting Pioneer to Multi-Market Prediction Platform
In a significant development today, Kalshi, the first CFTC-regulated prediction market platform, has appointed Donald Trump Jr. as an adviser, marking a notable...
UK and China Resume Economic Dialogue: £600 Million Deal Marks New Chapter in Bilateral Relations
In a significant diplomatic development, Britain and China have officially resumed their Economic and Financial Dialogue after a six-year hiatus, with UK Chancellor...
Dollar Surges to Multi-Decade High as Markets Doubt Fed Rate Cuts for 2025
The U.S. dollar reached towering heights on Monday, driving its peers to multi-year lows after a robust U.S. jobs report prompted investors to...
FDIC Sets February 10 Deadline for BlackRock Over Bank Stakes Oversight
In a significant regulatory development, BlackRock Inc., the world’s largest asset manager, has been given a new deadline of February 10 by the...
Hedge Funds Ramp Up Bearish Positions as Strong Jobs Data Rattles U.S. Markets
In a significant shift in market sentiment, global hedge funds substantially increased their bearish positions on U.S. equities in the week leading up...
European Banking Consolidation Wave: Record Profits Drive M&A Momentum in 2025
The European banking sector is poised for significant consolidation in 2025, as record profits and improving market conditions fuel renewed merger and acquisition...
Rupee Plunges to Historic Low Beyond 86 per Dollar as Strong US Jobs Data Dampens Rate Cut Hopes
The Indian rupee breached the psychologically crucial level of 86 against the US dollar for the first time on Monday, January 13, 2025,...
Harbor Capital Makes Strategic Investment: Acquires 80,208 Shares in IT Infrastructure Giant Kyndryl Holdings
In a significant move that underscores growing investor confidence in IT infrastructure services, Harbor Capital Advisors Inc. has established a new position in...
Super Micro Computer Stock Edges Lower Amid Market Volatility and AI Infrastructure Boom
Super Micro Computer (SMCI) stock closed at $32.60 on Friday, registering a marginal decline of 0.03% from its previous close. This slight dip comes...
