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Abivax stock rockets 30% on Eli Lilly takeover speculation

Abivax stock (EPA: ABVX) surged roughly 30% in early Paris trading Monday after French media reported that US pharmaceutical giant Eli Lilly…
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US stocks open in the red over Fed independence fears: Dow slips over 300 pts

US stocks fell on Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, marking a…
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Hims & Hers stock is crashing: will it rebound soon?

Hims & Hers stock has nosedived in the past few months. It has dived by over 56% from its highest point in…
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Paramount sues Warner Bros, moves to block Netflix merger with board fight

Paramount Skydance filed a lawsuit in Delaware Chancery Court on Monday and announced plans to nominate its own slate of directors to…
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Commodity wrap: geopolitical tensions boost bullion; oil prices slump

Gold and silver prices hit fresh record highs on Monday as safe-haven demand increased sharply due to ongoing geopolitical tensions. Gold prices…
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From LUV to HOG to RACE: do quirky stock tickers influence performance?

Every trading day, three-four or sometimes five-letter stock tickers move steadily up and down on screens. Behind those simple symbols sit the…
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Evening digest: US job numbers, Iran unrest, OpenAI-SoftBank back AI push

US job growth stalled in December, underscoring a labor market losing momentum, while geopolitical and policy uncertainty weighed on global sentiment. Iran’s…
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This $1B OpenAI–SoftBank bet reveals what AI can’t function without

OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre…
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Kansas crop woes fuel wheat rally ahead of USDA winter acreage estimate

Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to…
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What to expect from US big banks as they report earnings next week?

US big banks are set to kick off earnings season next week, and experts are bracing for solid results. According to Ken…
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