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Puig Brands upgraded by BNP Paribas, citing valuation and sales outlook Source link
A television broadcasts the Federal Reserve’s decision to leave rates unchanged after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026. Michael Nagle | Bloomberg | Getty ImagesU.S. Treasury yields were little changed on Monday as investors looked ahead to key jobs data coming later in the week and monitored a fragile pause in hostilities between the U.S. and Iran. At 3:50 a.m. ET, the benchmark 10-year Treasury yield rose less than a basis point to 4.376%, while the 2-year Treasury yield rose…
Alfen stock falls 5% on CFO departure announcement Source link
In this pool photograph distributed by Russian state agency Sputnik, Russia’s Vladimir Putin addresses the audience at the 23rd Congress of the United Russia party in Moscow on June 28, 2026.Yekaterina Shtukina | Afp | Getty ImagesRussian President Vladimir Putin has conceded that the country is facing fuel shortages following a barrage of long-range Ukrainian drone strikes on key energy infrastructure, although he insisted the Kremlin was dealing with them.The Russian president’s comments during an interview with a state TV reporter on Sunday mark the first time he has detailed the extent to which Ukraine’s deep-strike success has hampered Russia’s…
Why is Prosus stock surging today? Source link
BT Group revises FY27 guidance after international JV formation Source link
Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities as geopolitical shocks reinforce long-term demand for metals and energy infrastructure, Goldman Sachs said. The Wall Street bank highlighted that the same structural themes driving Asia’s equity outperformance — artificial intelligence, power infrastructure and defense spending — are also strengthening the case for commodities, particularly copper and gold. In its second-half Asia equity outlook, Goldman urged investors to “stick with the winners,” arguing that earnings growth, rather than valuations, remains the dominant driver of markets. The bank retained an overweight…
China’s Universal Scientific shares fall as ASE Tech plans to trim stake Source link
As Europeans scramble to stay cool amid a record-breaking heatwave, Big Tech faces its own battle to keep the powerful chips in AI data centers running.Temperatures this week have underscored the impact the weather can have on infrastructure like factories, nuclear power plants and data centers. Extra demand from air conditioning units can overload power grids, causing blackouts that can disrupt infrastructure. And it’s not just in Europe.Over the past three years, severe weather has become the leading cause of loss in Zurich’s U.S. data center builders’ risk portfolio. It now drives a third of the company’s losses, Zurich’s Head…
Any additional downside for Bitcoin from current levels around $60,000 could further weigh on investor sentiment, said Matt Maley, a strategist at Miller Tabak. While Wall Street firms continue to invest in the digital asset space, retail investors — who were a major force behind previous crypto rallies — have moved their focus to high-growth AI and technology stocks, Maley said. Recent notable outflows in bitcoin ETFs are also suggesting that investor enthusiasm has weakened, he added. “The cryptocurrency has also shown signs of decoupling from the equity market…raising concerns that it may not benefit from broader stock market strength,” Maley…