European stocks are finally showing signs of life, with analysts at UBS highlighting a stronger and more reliable earnings backdrop than investors have seen in years. With valuations still trading at a discount compared to US peers, the stage is set for select European names to deliver outsized returns. To UBS experts, two stand out
Bitcoin hovered near $89,000 as a new institutional report pointed to a more resilient, macro-driven market structure, while a large options expiry this week keeps $90,000 in focus for traders. A steadier phase, shaped by macro and positioning Bitcoin is entering 2026 in a firmer state after excess leverage was flushed out in last year’s
Amazon employees were left unsettled on Tuesday after an internal email referencing “organizational changes” and “impacted colleagues” was sent prematurely, fueling concerns that another round of corporate layoffs is imminent. The message, which appears to have been recalled shortly after being sent, comes as the company prepares to report fourth-quarter earnings next month and continues
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies swinging on US dollar weakness, and corporate uncertainty resurfacing at Amazon after a prematurely sent internal email fueled layoff fears. Asian markets mixed as Wall Street hits record Asia-Pacific markets traded mixed,
Gold’s blistering run is likely to continue as prices breached the $5,200 per ounce mark on Wednesday for the first time in history. Meanwhile, silver prices on COMEX also climbed above $116 per ounce for the first time earlier on Wednesday as the white metal continued its record-shattering run. Experts believe that both metals have
The UK’s advertising regulator has moved to block a series of Coinbase advertisements, arguing that the campaign framed cryptocurrency as a response to cost-of-living pressures while downplaying investment risks. According to the Guardian, the Advertising Standards Authority found that the campaign crossed regulatory lines by using humour and satire to address serious financial concerns. Regulators
China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with the matter, in a sign Beijing is recalibrating its stance as it weighs rising AI demand against efforts to boost domestic development. The approvals cover several hundred thousand H200 chips and were granted during Nvidia chief
ASML’s latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment maker reported a sharp jump in orders and issued stronger-than-expected guidance for 2026, signalling that demand from chipmakers building AI capacity remains resilient. Investors tend to focus on bookings as a forward indicator, and the latest
United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly its separation from Amazon has become as competition intensifies in the US delivery market. The move reflects a strategic shift by the world’s largest parcel carrier to reduce exposure to low-margin volumes
UK Prime Minister Keir Starmer arrived in Beijing on Tuesday on the first visit by a British leader to China since 2018, signalling a tentative reset in relations at a time of growing flux in the global political and economic order. Starmer is scheduled to meet Chinese President Xi Jinping and Premier Li Qiang on