Author: franperez66q@protonmail.com
June 24 (Reuters) – S&P 500 and Nasdaq futures inched higher on Wednesday after two straight sessions of declines, as investors returned to technology shares following a sharp selloff that saw the Nasdaq 100 lose over $1 trillion in market value. Concerns over lofty hyperscaler spending through debt-funding and expectations of a more hawkish Federal Reserve drove the fall after a huge run-up in AI names that aided all three major indexes to record highs. Memory chips moved higher in premarket trading, following a sharp plunge in the previous session, with and Sandisk adding 3.8% and 3.5%, respectively. Micron’s results…
Henry Zeffman reveals sources close to Andy Burnham expect Rachel Reeves to be offered a more junior position in his potential cabinet. Source link
Workers assemble Leopard 2A7 main battle tanks at the KNDS heavy weapons factory on August 01, 2025 in Kassel, Germany.Sean Gallup | Getty Images News | Getty ImagesDefense giant KNDS has announced its intention to proceed with an IPO, saying on Wednesday that it plans to list its shares in Paris and Frankfurt.The company is one of Europe’s largest producers of military equipment, including armoured vehicles and ammunition used in Ukraine. The company is viewed as a key to the continent’s rearmament push that has benefited defense companies like Rheinmetall, Saab, and BAE Systems.The listing is expected to see the sale of up…
Argenx stock falls after myositis drug trial update Source link
While older people are most likely to vote, it is younger generations who feel the most short changed. With house prices rising more slowly than earnings, purchasing a home for the first time is more possible compared to just a couple of years ago. At the start of the year, the Nationwide Building Society said mortgage payments accounted for a third of take home pay – well below the record of 48% in 1989.But today’s prospective buyers tend to be juggling high rental costs too, making it harder to save for a deposit. This is partly he average age of…
Number 10 Downing Street on June 22, 2026 in London, England. Ben Montgomery | Getty Images News | Getty ImagesThis report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchThe U.K. is facing its seventh prime minister in a decade after Keir Starmer announced on Monday that he will stand down.That is two more than Italy — often cited in the U.K. as an example of how not to do things — has had over the same period.As striking is that of the last five — Theresa May, Boris Johnson, Liz Truss, Rishi Sunak and Starmer — just one,…
Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize.Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times, citing two people familiar with the matter. It would have been the biggest warship commission since the second world war. German munition maker Rheinmetall, a big beneficiary of German government contracts, fell as much as 13% in morning trading. Other German-listed stocks Hensoldt and Renk fell 5% and 3.8%,…
Europe equities stall in the aftermath of global tech slump, fed Fears Source link
Al Carns speaks to Victoria Derbyshire on Newsnight about a potential Labour leadership bid and Andy Burnham. Source link
An exhibitor demonstrates a Unitree Robotics G1 humanoid robot at the Humanoids Summit in Tokyo, Japan, on Friday, May 29, 2026. Kiyoshi Ota | Bloomberg | Getty ImagesMorgan Stanley has sharply raised its outlook for China’s humanoid robotics market, saying the industry’s shift from demonstration to commercial deployment has proved faster than expected. The Wall Street bank upgraded its forecast for China’s humanoid robot shipments for a second time this year on Tuesday, expecting 50,000 units to ship this year, nearly double its previous projection of 28,000. The bank had already doubled its initial January forecast of 14,000 units. Morgan…