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Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

Author admin May 16, 2025

Indian benchmark equity indices concluded Friday’s trading session in negative territory, pulling back from a seven-month high achieved in the previous session.

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Categories Stock

Rich List 2025: UK billionaires decline for first time in years amid market turmoil

Author admin May 16, 2025

The number of billionaires in the United Kingdom has fallen for the first time in years, as global market turbulence and changes

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Categories Stock

Novo Nordisk CEO to step down as obesity drug competition intensifies

Author admin May 16, 2025

Novo Nordisk said on Friday that Chief Executive Officer Lars Fruergaard Jørgensen will step down, a decision made jointly with the board

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Categories Stock

Why this investment bank sees more than 30% upside on Meta

Author admin May 16, 2025

Investment banking firm Loop Capital maintained its bullish stance on Meta platforms with a target price of $888.This indicates a 38% upside

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Categories Stock

Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?

Author admin May 16, 2025

Archer Aviation Inc (NYSE: ACHR) has been named the official air taxi provider for the LA28 Olympics. Shares of the eVTOL company

Categories Stock

MFI to make a comeback in UK homewares market under Victorian Plumbing

Author admin May 15, 2025

MFI, the iconic furniture brand that once dominated Britain’s retail parks before the rise of Ikea, is poised to return to the

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Categories Stock

US stocks open in the red: S&P down 0.4%, Nasdaq slips 0.6%

Author admin May 15, 2025

US stocks declined on Thursday, threatening to snap a three-day rally that had been fueled by renewed optimism over a temporary pause

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Categories Stock

Assassin’s Creed maker’s shares plunge 18% after Q1 results: here’s why

Author admin May 15, 2025

Shares of French gaming company Ubisoft tumbled 18% on Thursday as investors punished the company for poor results in the financial year

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Categories Stock

Walmart to pass on tariff burden to shoppers, braces for margin volatility

Author admin May 15, 2025

Walmart customers could soon see higher prices on store shelves, as the retail giant grapples with rising costs from new and ongoing

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Categories Stock

Why is Dick’s Sporting Goods paying a massive premium for Foot Locker stock?

Author admin May 15, 2025

Foot Locker Inc (NYSE: FL) soared nearly 85% on Thursday after rival Dick’s Sporting Goods Inc (NYSE: DKS) said it will buy

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