Dow sinks over 400 points, S&P retreats from highs amid Walmart scare
Stocks fell on Thursday, but losses were pared after an early sell-off. The major averages remained in negative territory, though they recovered from their session lows. The S&P 500 dropped as much as 1% in early trading but finished the day
Asia-Pacific markets mixed as Japan inflation data, Trump tariff threats weigh on sentiment
Asia-Pacific markets traded mixed on Friday as investors reacted to Japan’s inflation hitting a two-year high and weighed the potential impact of renewed tariff threats from US President Donald Trump. While some regional indexes posted gains, concerns over tightening monetary
Meta executives eligible for 200% salary bonus under new pay structure
Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percentage for
Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound
Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce segments, signaling a broader recovery
Standard Chartered to repurchase $1.5B in shares after reporting 18% profit surge
Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit, Reuters reported. The bank attributed the strong performance to record growth in its wealth management division and robust market
Bitcoin surges to $98,000, Solana and Ethereum rise while XRP slides
The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the
Record-high gold prices keep Indian investors hooked—what’s next?
India’s retail demand for gold jewelry has been significantly impacted by the surge in gold prices to new all-time highs since the beginning of the year, the World Gold Council said. Despite record-high prices putting pressure on jewelry demand, interest in