Tag : stock market

Business

Nikkei falls as caution returns to Tokyo stocks

manamalive.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The...
MicroStrategy spends billions on bitcoin while reducing staff
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MicroStrategy’s bitcoin holdings top $45 billion in market value

manamalive.com
MicroStrategy cut 20% of its workforce as it doubled its bitcoin holdings in 2024, spending $22.1 billion on cryptocurrency while shedding 400 jobs across key departments....
European stocks hit record highs amid Ukraine peace hopes
Business

European stocks hit record highs amid Ukraine peace hopes

manamalive.com
European markets surged as defense and banking stocks drove the STOXX 600 to a record high, fueled by military spending growth and easing trade tensions....
Nvidia shares rise as Alphabet boosts AI investments for 2025
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Nvidia shares rise as Alphabet boosts AI investments for 2025

manamalive.com
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Magnificent Seven tech giants dominate market in historic rise
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Magnificent Seven tech giants dominate market in historic rise

manamalive.com
U.S. markets soar with record gains in 2024, driven by Federal Reserve cuts, tech dominance, and robust earnings, but risks loom as Trump’s policies and high valuations shape 2025 outlook....
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
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Dow jumps 351 points as chip stocks rally following Foxconn revenue report

manamalive.com
U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data and Fed guidance....
Modon and ADNOC Gas register AED2.66 billion in ADX trades
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Modon and ADNOC Gas register AED2.66 billion in ADX trades

manamalive.com
The Abu Dhabi Securities Exchange logged 15 large direct deals involving shares of ADNOC Gas and Modon Holding, totaling AED 2.66 billion in transactions across two major sectors....
Fed slashes rates by 50 basis points as inflation cools
Business

Fed slashes rates by 50 basis points as inflation cools

manamalive.com
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market....