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Business

ASML stock: buybacks and dividends grab attention, but real signal lies elsewhere

ASML stock surged 6% on Wednesday, after the Dutch semiconductor equipment maker posted record results and announced a €12 billion three-year buyback program

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Business

C3.ai stock soars on merger news but a takeover is unlikely to rescue it

C3.ai Inc (NYSE: AI) opened about 15% higher today following reports the artificial intelligence firm may soon merge with the privately held “Automation

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Investing

DXY Index: Here’s why the US dollar is in a freefall

The US Dollar Index (DXY) continued its strong downward trend, reaching its lowest level in over four years as the greenback crashed against

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Investing

ASX 200 Index and AUD/USD forecast as Australia inflation spikes

The ASX 200 Index retreated in the last two consecutive days, while the AUD/USD exchange rate rose to the highest level in years

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Investing

Morning brief: Asia markets diverge as gold hits records, Dollar slides

Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies

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Investing

USD/ZAR forecast as South African rand rally gains steam ahead of Fed, SARB

The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last eleven

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Investing

USD/BRL forecast ahead of the Fed and Brazilian central bank decisions

The post USD/BRL forecast ahead of the Fed and Brazilian central bank decisions appeared first on Invezz

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Economy

Severe storms cripple European shipping, Maersk operations halted

Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo operations

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Economy

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the

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Economy

Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed

Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months

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