Keywords: Stock market


Intel set for record high as AI-Driven CPU demand boosts growth outlook

Intel shares surged more than 22% in premarket trading on Friday after the company released a stronger-than-expected revenue outlook, driven by increasing demand for advanced central processing units (CPUs) used in artificial intelligence systems. If the gains are maintained throughout the trading session,......

Boots owners hire consultants for overhaul ahead of possible London ipo in 2027

The owners of British pharmacy chain Boots are reportedly working with external consultants on a strategic overhaul as they prepare for a possible initial public offering (IPO) in London, which could take place as early as 2027, according to people familiar with the matter. Boots, which is owned by......

Marvell shares rise on reports of AI chip development talks with Google

Marvell Technology shares rose sharply in premarket trading on Monday after reports that Google is in discussions with the chip designer to develop two new artificial intelligence chips aimed at improving the efficiency of AI model processing. According to industry reports, the potential collaboration......

Hedge funds snap up $86 billion in stocks in record buying spree

Hedge funds have staged a sharp rebound in April, buying equities at one of the fastest rates on record after a difficult March marked by geopolitical tensions tied to Iran. Data from Goldman Sachs show that long short equity strategies gained 7.7 percent month to date, putting the industry on track......

Alstom shares plunge over 30% amid delivery delays

The French rail giant Alstom saw its shares tumble sharply on the Paris stock exchange, dropping by more than 30% shortly after trading opened on Friday. The dramatic decline followed the company’s announcement of revised financial targets, largely driven by ongoing delivery delays affecting its......

UK financial regulator introduces clearer and simpler short selling rules

The United Kingdom’s Financial Conduct Authority (FCA) announced on Thursday the introduction of a revised regulatory framework for short selling, aiming to make the system clearer and easier for financial firms to follow. Short selling refers to an investment strategy in which traders bet that......

Jd sports exits applied nutrition stake in multimillion-dollar deal

British retailer JD Sports Fashion has sold its entire stake in Applied Nutrition in a transaction valued at approximately $66.5 million, marking a strategic shift in its investment portfolio. The company offloaded its 9.1% shareholding through a secondary share placing, selling millions of shares at......

Robinhood and Webull jump after US SEC approves removal of day-trading limits for small investors

Shares of retail trading platforms rose sharply on Wednesday after U.S. regulators approved a major change to day-trading rules affecting smaller investors. Companies such as Robinhood Markets and Webull benefited from the decision, which allows more flexibility for active trading accounts under a new......

Victory Giant’s $2.2 billion Hong Kong listing expected to price at top of range amid strong demand

China-based Victory Giant Technology is expected to price its Hong Kong initial public offering at the top of its indicated range, reflecting strong investor demand despite global market volatility. The company plans to sell shares at HK$209.88 each, aiming to raise approximately HK$17.5 billion (about......