Latest Updates Around The World
Bank of America (BofA) has committed $25 billion of its own resources to private credit investments, building on its current direct lending business. According to the Financial Times, the bank plans to source these transactions through its capital markets department, a unit within its investment banking arm. BofA also promoted Anand Melvani to head of […]
CVS Health Inc. (NYSE:CVS) said Thursday it is taking additional steps to reduce prescription drug costs by expanding access to biosimilar medications, and announced new formulation changes that will take effect in 2026. Beginning April 1, 2026, CVS Caremark will add the osteoporosis biosimilars Ospomyv and Stoboclo, along with the generic teriparatide products Bonsity and […]
Michael Chae, Chief Financial Officer (CFO) for Blackstone Inc. (NYSE:BX)noted Thursday during its fourth-quarter 2025 investor call that the firm has seen “remarkable strength” in corporate private equity amid a turbulent year for markets impacted by tariffs, geopolitical instability and the longest U.S. government shutdown in history. Total assets under management in Blackstone’s private equity […]
President Donald Trump’s team destroyed Gov. Tim Waltz (D-Minn.) Thursday on immigration enforcement and public safety. Walz said ‘there is no verifiable evidence’ that the operations ‘make America safer’ press release from White House notes. What the release claims The statement said stricter enforcement reduced violent crime and protected Americans across the country. It framed […]
Pony AI Inc. (NASDAQ:PONY) and BAIC BJEV said Saturday they will expand their strategic alliance to scale up autonomous driving technology. This deeper collaboration aims to accelerate the commercialization and global deployment of Robotaxi, signaling a shift from pilot trials to mass production. Focus on the growth of Robotaxi The companies said they will jointly […]
The S&P500 pushed to new record highs in afternoon trading on Wednesday, extending a three-day rally and setting expectations for a fourth straight gain. • Alphabet stocks are moving into positive territory. Why Are GOOG Stocks Rising? By midday, the benchmark index in New York was hovering around 6,963.30, up 0.3%. The Nasdaq100 performed better, […]
Microsoft Corporation (NASDAQ:MSFT) Its shares rose on Wednesday after it announced a robotics partnership. According to one edition of the measurement technology company Hexagonthe two companies will work together to accelerate the development of humanoid robots using AI and cloud tools. Details Hexagon Robotics and Microsoft will collaborate on adaptive robots for production and inspection. […]
These ten large-cap stocks performed the best last week. Are they part of your portfolio? FTAI Aviation Ltd. (NASDAQ:FAI) gained 21.42% this week after the company announced the launch of FTAI Power. Symbotic Inc. (NASDAQ:SYM) rose 11.73% this week. Sandisk Corporation (NASDAQ:SNDK) gained 6.17% this week. Also read: Venezuela attacked? Explosions rock Caracas as government […]
After a volatile but generally bearish year, nickel ends 2025 on a positive note. One of the ‘forgotten’ metals has turned bullish, rising 5.5% in a month. Still, time will tell whether this run is a legitimate turnaround or a sectoral tailwind. Yet nickel remained a hated asset over the past two years. Prices have […]
TikTok Investors chasing a U.S. deal say they remain stuck as Washington approaches a new deadline. One bidder says it has money ready, but no clarity about the timing. Frank McCourt said his group is waiting for the next US decision on a forced sale, reports BBC News. Deadline pressure returns The US has repeatedly […]
