Walmart Joins the Trillion-Dollar Club Backed by Stock Momentum and Digital Expansion
Walmart hits nearly $2T market cap, driven by digital growth and investor confidence, joining the trillion-dollar club with tech giants.
Strong Demand for Obesity Drugs Drives Eli Lilly's 2026 Profit Outlook Above Market Estimates
Eli Lilly's 2026 profit outlook beats estimates, driven by strong demand for obesity drugs Zepbound and Mounjaro, boosting its stock.
European Stocks Rise as Inflation Slows Amid Divergent Performance of Major Companies
European stocks rose as eurozone inflation slowed, fueling rate cut hopes, but mixed company results led to selective sector gains.
Novo Nordisk Shares Plunge After Warning of Sharp Sales Decline Amid Pricing and Competition Pressures
Novo Nordisk shares fell 20% after warning of a 13% sales drop due to price cuts, competition, and US drug cost pressures.
Claude Code Wipes $440 Billion from Global Software Stocks in Worst Crash Since COVID-19
Claude Code's AI capabilities triggered a $440B crash in software stocks, sparking fears AI will replace traditional software and developer roles.
Egyptian Market Rises Mid-Session, Led by Real Estate with 26.5% of Total Turnover
Egyptian Exchange rises mid-session, led by real estate (26.5% turnover); EGX30 up 0.46%, signaling stable, selective buying.
Petronas and QatarEnergy Sign 20-Year LNG Supply Agreement to Bolster Malaysia’s Energy Security
Petronas and QatarEnergy signed a 20-year deal for 2M tons/year LNG to Malaysia, boosting energy security as demand rises and local output falls.
Nvidia Nears $20 Billion Investment in OpenAI Amid Historic Funding Round
Nvidia is close to a $20B investment in OpenAI, part of a $100B funding round to expand AI infrastructure and operations.
Siemens Energy Invests $1 Billion in U.S., Leveraging Trump Policies and Surging Electricity Demand
Siemens Energy will invest $1B in U.S. factories, citing Trump policies and surging electricity demand from AI and data centers.
Sharp Surge in Oil Tanker Shipping Costs to China Amid Rising Iran-Linked Tensions
Oil tanker rates to China hit $126,000/day, highest in 2+ months, amid Iran tensions and vessel shortages, raising shipping and energy costs.
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