Dow futures rise 75 points: 5 things to know before market opens
US stock-index futures edged higher on Wednesday as chipmakers steadied before Nvidia’s results, a release set to test whether Wall Street’s AI trade still has room to run. The move came after a bond-driven selloff pressured equities, with the 10-year Treasury
AI financing fuels record US convertible bond boom
Corporate America is turning to the convertible bond market at a record pace as artificial intelligence-related companies fuel strong demand for debt instruments that can later convert into equity. US convertible bond issuance reached around $34 billion during the first four
Here’s why the Tesco share price is falling today (May 20)
Tesco share price retreated by over 2% on Wednesday, before paring back some of the losses as the UK government pushed retailers to cap price increases amid the ongoing Iran war. It slipped to 443p, its lowest level since February
Nvidia earnings history reveals a pattern investors may be overlooking
Nvidia (NASDAQ: NVDA) reports earnings after the market close on Wednesday, and Wall Street is bracing for a familiar outcome: another beat. The chipmaker has made exceeding expectations look almost routine. Yet that has not always translated into an immediate reward
Truth Social crypto ETF plans collapse as Yorkville pulls SEC filings
The effort to launch Truth Social-branded cryptocurrency exchange-traded funds has come to an abrupt stop after Yorkville America Digital, LLC, which was the sponsor of the ETFs application, wrote to the US Securities and Exchange Commission (SEC) requesting the withdrawal
European markets fall as investors assess inflation and geopolitical risks
European shares edged lower on Wednesday as investors remained cautious over inflation risks linked to the ongoing war, while markets closely monitored negotiations between the United States and Iran. The pan-European STOXX Europe 600 slipped 0.2% to 610.37 points as of
China confirms Boeing order: is the BA dip a buy opportunity?
China confirmed it will buy 200 Boeing jets following the Trump-Xi meeting in Beijing, marking the US planemaker’s biggest breakthrough in the Chinese market in nearly a decade. Beijing’s Commerce Ministry confirmed on May 20 that China plans to buy 200
HSBC retraining workforce as AI reshapes financial industry jobs
HSBC Chief Executive Georges Elhedery said on Wednesday that artificial intelligence would both eliminate and create jobs across the financial industry, as the bank moves to retrain employees to adapt to the technology-driven shift. Speaking at an investor day event, Elhedery