UPS Raises 2026 Forecast as Strategy Shift Bites, But Profit Plunge Sends Shares Down 6%
Companies

UPS Raises 2026 Forecast as Strategy Shift Bites, But Profit Plunge Sends Shares Down 6%

UPS lifted its full-year revenue target to $91.2 billion after shifting away from low-margin e-commerce volume, but rest...

Declan Byrne 👁 34 💬 0
SpaceX Shares Halt Freefall After $1.5 Trillion Wipeout, But Remain Below IPO Price
Markets

SpaceX Shares Halt Freefall After $1.5 Trillion Wipeout, But Remain Below IPO Price

SpaceX stock ended Tuesday down about 13% from its June IPO price, having lost nearly half its value from the post-debut...

Yael Ben-David 👁 35 💬 0
Tunis Stock Market Drops 3.5%, Circuit Breaker Triggers Trading Halt
Markets

Tunis Stock Market Drops 3.5%, Circuit Breaker Triggers Trading Halt

The Tunis Stock Exchange suffered a sharp 3.47% drop on Tuesday, with the Tunindex plunging 710 points and triggering an...

Yael Ben-David 👁 27 💬 0
SpaceX Shares Sink More Than 50% From Post-IPO High Ahead of First Earnings
Companies

SpaceX Shares Sink More Than 50% From Post-IPO High Ahead of First Earnings

Ahead of its inaugural earnings as a public company and a looming lock-up expiration, SpaceX shares have lost more than ...

Declan Byrne 👁 43 💬 0
Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge
Markets

Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge

The 'Big Short' investor sees the US market as a one-way bet on AI's success, with Alphabet's negative free cash flow an...

Yael Ben-David 👁 48 💬 0
Under Warsh, Higher U.S. Rates May Not Derail the Bull Market — Here’s Why
Economy

Under Warsh, Higher U.S. Rates May Not Derail the Bull Market — Here’s Why

As the Fed signals a more hawkish path under Kevin Warsh, a new analysis challenges the assumption that rising rates aut...

Niamh O'Sullivan 👁 40 💬 0
Travel Boom Lifts Cruise Lines and Airlines—Royal Caribbean, Lufthansa, Airbnb in the Spotlight
Travel

Travel Boom Lifts Cruise Lines and Airlines—Royal Caribbean, Lufthansa, Airbnb in the Spotlight

Post-pandemic travel demand is surging, pushing cruise operators, airlines, and booking platforms back to profitability....

Maya Golan 👁 35 💬 0
Egypt Stocks Rise as Foreign Institutions Buy; Market Cap Adds EGP 18bn
Markets

Egypt Stocks Rise as Foreign Institutions Buy; Market Cap Adds EGP 18bn

The EGX30 rose 0.4% while the EGX70 small-cap index surged 1.5% on Monday, driven by foreign institutional purchases. Gl...

Yael Ben-David 👁 62 💬 0
Global Stocks Rally as Oil Tumbles on US-Iran Truce, Tech Earnings Loom
Markets

Global Stocks Rally as Oil Tumbles on US-Iran Truce, Tech Earnings Loom

Equities and bonds surge after oil drops 6% on halt in Middle East strikes, shifting focus to megacap tech results and F...

Yael Ben-David 👁 41 💬 0
Why IBM Just Suffered Its Worst Day in Nearly 60 Years
Companies

Why IBM Just Suffered Its Worst Day in Nearly 60 Years

A punishing mainframe sales collapse and a misfire in AI infrastructure spending sent IBM’s stock to its steepest one-da...

Declan Byrne 👁 40 💬 0
Bank of Baroda Shares Dip as ₹5,700 Crore Charge and Unconfirmed Data Breach Spook Investors
Companies

Bank of Baroda Shares Dip as ₹5,700 Crore Charge and Unconfirmed Data Breach Spook Investors

BoB's Q1 FY27 profit fell 72% on a one-time legal settlement, but core earnings held up; reports of an alleged 1TB data ...

Declan Byrne 👁 34 💬 0
Egypt FRA Launches IPO Readiness Training to Shift Companies from Temporary to Final Listings
Markets

Egypt FRA Launches IPO Readiness Training to Shift Companies from Temporary to Final Listings

The Financial Regulatory Authority opened a hands-on programme covering governance, disclosure and listing procedures, a...

Yael Ben-David 👁 48 💬 0
Gold and S&P 500 Hit Simultaneous Records, Defying Traditional Correlation
Markets

Gold and S&P 500 Hit Simultaneous Records, Defying Traditional Correlation

The rare coincidence of gold and equities reaching all-time highs on the same day underscores an unusual market divergen...

Yael Ben-David 👁 40 💬 0