EasyJet reported a 70% year-on-year decline in fiscal third-quarter profit on Thursday. The airline said disruption from the Iran war had increased costs during the quarter. However, it added that consumer confidence was strengthening as the peak summer travel period approached. Quarterly earnings came in at £85 million. That was sharply lower than the £286
Intel stock (NASDAQ: INTC) heads into Thursday’s earnings with expectations running ahead of a turnaround story. Shares remain up more than 160% this year despite falling over 30% from June’s high, as investors bet that AI-server demand can revive the company’s processor business and support its manufacturing ambitions. Wall Street expects second-quarter revenue of about
US stocks closed sharply higher on Tuesday, led by a strong rebound in semiconductor shares as investors looked past geopolitical tensions in the Middle East and focused on the upcoming wave of Big Tech earnings reports. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to close at 52,223.72. The S&P 500 gained 0.86%
Advanced Micro Devices (AMD) stock is pushing higher on Monday morning after the chipmaker announced a major, full-stack expansion of its strategic partnership with Microsoft (MSFT). The centerpiece of the new deal is MSFT committing to deploy AMD Helios Rackscale Solution “at scale” within its Azure cloud infrastructure. AMD shares have been a blockbuster investment
Crude oil prices continued rising on Hyperliquid as investors reacted to the ongoing escalation between the US and Iran. Brent jumped to $88.7, with its 24-hour volume soaring to $59 million. West Texas Intermediate (WTI), the US benchmark, rose to $83.62, with the volume rising to $111.2 million. Crude oil prices jump on US-Iran war
As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels. However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding
Meta Platforms (META) shares are in the spotlight on July 17th following reports that the tech giant is in preliminary discussions to lease out its computing infrastructure to AI research lab Anthropic. The blockbuster deal rumoured to be worth up to $10 billion arrives at a time when Meta sits firmly above its major moving
AST SpaceMobile (ASTS) shares are taking a hit this morning due to a combination of a massive new debt raise and delays in their commercial satellite launch timeline. The sell-off crashed ASTS relative strength index (RSI) further into the early 30s – indicating the stock is now approaching “oversold” territory that often triggers a relief
Crypto exchange Bitrue has launched an artificial intelligence-powered trading platform that lets users build and activate automated strategies without writing code, as demand for AI-linked markets accelerates among its customers. The product, called Bitrue AI, can generate a personalised strategy in about 10 seconds after a user selects an asset and preferred risk level, according
SpaceX stock (NASDAQ: SPCX) briefly looked unstoppable after the world’s largest initial public offering, but almost all the early excitement has now disappeared. Shares closed Tuesday at $136.08, only $1.08, or 0.8%, above the $135 offering price. The stock has fallen almost 40% from its June 16 intraday peak of $225.64, wiping an estimated $1.2