US stocks rose on Monday, kicking off a shortened holiday week on a firmer footing as gains in technology shares lifted the broader market. The S&P 500 advanced 0.5%, while the Dow Jones Industrial Average rose 133 points, or 0.3%. The Nasdaq Composite outperformed, climbing 0.7% as investors returned to growth-oriented names after recent sector
Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance’s hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes takeover battle that could reshape Hollywood’s streaming landscape. Paramount said on Monday that Ellison has provided an “irrevocable personal guarantee” covering $40.4 billion of equity financing for
Gold prices eased and remained flat on Friday due to a stronger dollar against a basket of major currencies. Meanwhile, silver climbed more than 1% on robust industrial demand, with prices outperforming gold comfortably. Oil prices ticked up on Friday on concerns over lower supply from Venezuela. But prices are set for a second consecutive
The US Federal Reserve could be on course for several interest rate cuts in 2026, even if a pause is more likely in January, Commerzbank AG said. The US labour market’s momentum has significantly stalled, with minimal job creation observed in recent months. The US labour market showed surprisingly weak growth in November, with the
UK-based OXCCU is advancing a game-changing one-step power-to-liquids (PtL) process that could dramatically lower the cost of sustainable aviation fuel (SAF) and accelerate aviation’s path to net-zero, CEO and co-founder Andrew Symes tells Invezz. In this exclusive Invezz interview, Symes – an Oxford University chemistry graduate with deep experience in climate tech investing at BP
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal to the previous week’s sharp spike and points to continued restraint in corporate layoffs. The reading is slightly better than consensus expectations of 225,000 and provided reassurance that labor market conditions
Silver prices hit fresh record highs on Wednesday, above $66 per ounce. Gold prices also advanced on Wednesday, with softer labour market data from the US on Tuesday signalling a cooling economy. Meanwhile, oil prices jumped more than 2% as US President Donald Trump ordered the blockade of all sanctioned oil tankers entering and leaving
The IREN stock price made a strong bearish breakout on Monday as it plunged to its lowest level since September this year. It has now erased some of the gains it made a few months ago when it jumped from $5 to $76. This article explores why the IREN share price has crashed and the
India’s merchandise exports surged 19.37% year-on-year in November to reach $38.13 billion, the highest level in a decade. The whopping figure comes even as US tariffs remain punitive. The sharp rebound reversed October’s decline and compressed the nation’s trade deficit to $24.53 billion from a record $41.68 billion. Exports to the United States climbed 21%
Silver has dramatically outperformed gold this year, with prices surging by nearly 100% as of early December. The rally has been marked by sharp swings, driven by shifting economic signals and evolving trade tariff policies, and with high uncertainty persisting, ING Group anticipates further market volatility. The recent strength of silver is attributable to several