Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Global oil benchmarks surged this week, with Brent crude crossing the $110 threshold for the first time since May and WTI posting its steepest weekly percentage jump since July, driven by Middle East supply anxieties and shipping disruptions.
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Beijing is fast-tracking its campaign to expand the yuan's role in global finance, moving well beyond trade settlement toward a broader currency ecosystem that could reshape foreign exchange dynamics.
Chinese government debt has bucked the broader global bond selloff, with fund managers citing a resilient yuan and a weak domestic economy as catalysts for further upside.
The Straits Times Index broke a painful three-day losing streak on Monday, reclaiming ground after a nearly 6 percent decline, though Tuesday's session could see the index slip back below key levels.
US equities ended Monday in mixed territory, with the Dow posting a modest gain while the S&P 500 and Nasdaq 100 slipped amid a spike in crude oil prices and weakness across semiconductor names.
A conflict-of-interest question has emerged around Bo Hines, who drafted landmark stablecoin legislation in the Trump White House while his company Nxum received multi-million-dollar funding from Tether, then joined the crypto giant as U.S. chief.
Japan's benchmark index posted a modest 0.3% gain as market participants made tactical adjustments to their portfolios while awaiting the latest U.S. consumer price data for signals on the Federal Reserve's rate path.
Asian stock markets pulled back as the artificial intelligence trade, a major driver of this year's gains, faced renewed selling pressure ahead of a pivotal earnings period.
The Kuala Lumpur Composite Index broke free of a two-day losing streak on Friday, closing just below the 1,610 threshold, and analysts see potential for further upside into Monday's session.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
Global oil benchmarks surged this week, with Brent crude crossing the $110 threshold for the first time since May and WTI posting its steepest weekly percentage jump since July, driven by Middle East supply anxieties and shipping disruptions.
Beijing is fast-tracking its campaign to expand the yuan's role in global finance, moving well beyond trade settlement toward a broader currency ecosystem that could reshape foreign exchange dynamics.
Chinese government debt has bucked the broader global bond selloff, with fund managers citing a resilient yuan and a weak domestic economy as catalysts for further upside.
Advertisement
A conflict-of-interest question has emerged around Bo Hines, who drafted landmark stablecoin legislation in the Trump White House while his company Nxum received multi-million-dollar funding from Tether, then joined the crypto giant as U.S. chief.
Polls and prediction markets point to a likely Democratic takeover of the House ahead of the November 3, 2026 vote, setting the stage for heightened oversight of crypto regulators, new tax legislation, and renewed scrutiny of firms tied to the Trump administration.
A Florida federal court has ordered two individuals to pay over $30 million in restitution and penalties after allegedly defrauding more than 9,000 investors in a scheme spanning cryptocurrencies and precious metals.
Stock
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
Stock
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Stock
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Stock
The Straits Times Index broke a painful three-day losing streak on Monday, reclaiming ground after a nearly 6 percent decline, though Tuesday's session could see the index slip back below key levels.
Indicative FX reference rates against the US dollar. · Updated 18 Oct, 00:02 UTC
