Quiet AI winners: Applied Materials, Micron and eBay
Applied, Micron and eBay are quiet AI winners: DRAM and cloud-memory demand, higher margins, more equipment spending, and AI tools boosting sales.
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Finance — Page 8
Latest in Finance
South Africa imports spike as Middle East war lifts oil prices
South Africa fuel imports rose to 61% of supply in 2023, making pump prices more sensitive to Middle East crude-price swings. Transnet plans Durban storage and pipeline upgrades.
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2 min read
PwC to pay HK$1.3 billion (US$166 million) to end Evergrande probes
PwC agreed to set aside HK$1.3 billion (US$166M) to settle Hong Kong probes into its audits of China Evergrande, including fines and a compensation fund.
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3 min read
EQT Sees AI Selloff as Chance to Buy Cheap Tech
EQT targets software deals after the AI-driven market selloff, seeking companies that can use AI to boost margins while keeping fund-level risk diversified.
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2 min read
Kocher: Too early to say if ECB rate‑cut cycle is over
Martin Kocher says it's too early to tell if the ECB's rate‑cutting cycle is over, with markets awaiting incoming inflation data ahead of policy decisions.
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3 min read
Iran-linked strikes lift oil and stall emerging-market rally
Emerging markets paused as oil rose after strikes linked to Iran, lifting the dollar and widening spreads. Exporters may gain; importers face higher costs.
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Hormuz Closure Turns Strait Into Oil‑Trade Legal Flashpoint
Trader CFOs say the Hormuz closure has sparked contract fights over missed shipments, force-majeure and insurance gaps, squeezing margins and credit.
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Best Buy names Jason Bonfig CEO
Best Buy is tapping a veteran who joined the company in 1999 to lead a turnaround after four years of stalled sales. Jason Bonfig will become chief executive of
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Dollar Gives Up Iran-War Premium as Bulls Retreat
Dollar loses most Iran-war premium as traders scale back safe-haven bets amid ceasefire signs, oil swings and central-bank moves; focus returns to growth.
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US IPOs Rush to List Ahead of Potential SpaceX Mega‑IPO
Issuers and underwriters are accelerating US IPOs to tap investor demand ahead of a potential SpaceX IPO, reshaping deal timing, pricing and allocations.
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Startup turns craft-brew tanks into micro-factories for vegan casein
AuX Labs will make casein in craft-brew fermentation tanks, giving microbreweries new revenue and helping vegan cheese achieve better melt and stretch.
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Bond Buybacks Return to Favour
Bond buybacks: how issuers retire high-coupon debt to cut interest costs, simplify reporting and manage investors, plus execution choices and legal issues.
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Narrow US Rally Shows Investor Caution
Narrow US rally left indexes flat as gains clustered in a few tech giants. Investors stayed cautious amid low shipping through the Strait of Hormuz.
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Euro steadies as dollar loses momentum on softer Fed bets
EUR/USD traded modestly higher as the dollar lost momentum. Technicals and Fed-rate expectations keep the pair range-bound, with the 100-hour EMA key now.
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Court Allows Multi‑Billion Divorce Claim Against Potanin Over Norilsk Nickel Stake
London's Court of Appeal allows Natalia Potanina to pursue a multi‑billion divorce claim against Vladimir Potanin over his Norilsk Nickel stake in London.
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US futures rise as traders await Iran update
US futures climbed as investors awaited updates on US-Iran tensions. Oil swung and sectors reacted — market moves, key index closes and sector impacts explained.
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AST SpaceMobile Shares Fall After Blue Origin Launch Error
AST SpaceMobile shares fell after New Glenn left BlueBird 7 in a lower-than-planned orbit, likely losing the satellite. AST says insurance will cover it.
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Okta shares jump after Raymond James upgrade
Okta stock rose after Raymond James upgraded it to Outperform with an $85 target, citing AI-driven demand for machine identities and improving retention.
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Backdoor Roth: Is a $200,000 IRA on $3.2M a tax win?
With $3.2M in assets but $200K in traditional IRAs, a backdoor Roth can still trigger taxes. Learn how the IRS pro‑rata rule determines how much of a conversion is taxable.
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5 min read
Market Rally Hits Records as Oil-Driven Inflation, Mega-Cap Valuations Threaten Gains
Mid-April stock highs were led by AI-linked mega-caps, but energy-driven inflation and rich valuations could make the rally fragile for investors.
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4 min read
Tornado damages Rivian's Illinois plant ahead of R2 launch
A tornado hit Rivian's Normal, Illinois plant, damaging a parts-storage building tied to the R2 rollout; assembly lines ran and no injuries were reported.
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4 min read
LayerZero links $290M Kelp DAO heist to North Korea
LayerZero says North Korea-linked actors likely stole $290M from Kelp DAO through its cross-chain bridge; Kelp DAO disputes the attribution this week.
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Jersey Mike's files confidential IPO
Jersey Mike's confidentially filed for an IPO. This article covers Blackstone's buyout, leadership change, 2025 revenue and the IPO market context.
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Honeywell to sell Productivity Solutions unit to Brady for $1.4B
Honeywell to sell its PSS unit to Brady for $1.4B; the deal, announced by Honeywell, is expected to close in H2 2026 pending regulatory approval.
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4 min read
Stagflation Returns After Iran War
Oil prices soar past US$115 amid Iran war tensions, reigniting fears of stagflation and challenging central banks’ efforts to control inflation and
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5 min read