Stock Market
9 articles

South Korea Eyes MSCI Developed Market Upgrade with FX Trading
The Kospi has become the world's best-performing major equity benchmark this year, surging more than 90%, according to TradingView .

Verde Asset Management deploys new turnaround strategy
After three consecutive quarters of losses and $500 million in outflows, Brazil's legendary Verde Asset Management is abandoning its global macro roots to bet almost entirely on undervalued local stoc

Smucker profit tops expectations on strong coffee sales
J.M. Smucker's adjusted earnings per share for its fiscal fourth quarter soared to $2.77, exceeding Wall Street estimates by a surprising 20.4%, according to AlphaStreet . This substantial beat reveal

AI demand justifies Asia chip stocks rally
SoftBank Group, a conglomerate with significant AI investments, has surpassed automotive giant Toyota to become Japan's most valuable company, according to Gotrade .

Stock Market Climbs as Iran Peace Hopes Ease Supply Fears
Micron Technology shares surged 11.

US Stock Futures Rise as Crude Oil Prices Plummet
Brent crude futures plunged 6% to $97.

Uber proposes €33 per share takeover for Delivery Hero
Uber has proposed a takeover of Delivery Hero for €33 per share, a price nearly 2% below its closing value on Friday.

Stocks Fall as Hormuz Deadlock Sends Oil Prices Soaring
Despite Iran's Foreign Minister Abbas Araghchi declaring the strategic Strait of Hormuz 'completely open' on Friday, global oil prices surged and stock markets fell, signaling deep market skepticism.

US consumer spending slowdown impacts stock market rally
US retail sales were unexpectedly flat during the critical December holiday season, signaling a significant chill in consumer spending just as markets celebrated a rally.