Applied Materials falls 14% on weak forecast, China woes; long-term upside seen
Shares of Applied Materials fell nearly 14% in premarket trading on Friday after the US chip equipment maker issued a downbeat fiscal…
Otis stock poised for rebound as analysts see services growth, construction boom: should you buy?
Otis Worldwide Corp.’s share price has been on a slow decline for much of the year, but signs are emerging that the…
China’s petrochemical sector faces profit squeeze amid expansion
China’s petrochemical sector anticipates significant growth in a key segment, projected to expand by nearly 50% by 2028. This expansion is set…
WhatsApp, Telegram face restrictions in Russia: report
Russia has begun restricting WhatsApp and Telegram calls, intensifying its control over the country’s online communication channels and pushing users towards its…
Aviva shares hit 17-year high as profits surge 22% — can the rally last?
Aviva shares climbed to their highest level since before the 2008 financial crisis on Thursday, after the FTSE 100 insurer reported a…
Dow futures trade flat ahead of key data: 5 things to know before Wall Street opens
Dow futures were little changed Thursday after Wall Street’s strong run earlier in the week. Futures on the Dow ticked up 0.02%,…
South Africa’s auto sector faces 12 closures, 4,000 job losses as US tariffs bite
South Africa’s automotive industry is under strain as a combination of import dominance, low local content levels, and new US tariffs weighs…
Global oil supply to surge in 2025, outpacing demand: IEA report
The International Energy Agency scaled up its forecast for global oil supply in 2025, citing higher production by the Organization of the…
Dow futures soar 135 points today: 5 things to know before Wall Street opens
Dow futures ticked up in early trade Wednesday, helped by growing chatter that the Federal Reserve could cut interest rates in September….
Ethereum price target raised to $7,500 by Standard Chartered on stablecoin boom
Standard Chartered has raised its year-end 2024 price target for ether to $7,500, up from $4,000, citing rapid growth in stablecoin adoption…
