Author: franperez66q@protonmail.com
LONDON — European stocks are expected to open higher on Tuesday as investors await Washington’s response to Iranian peace proposals and look ahead to earnings reports from several regional companies.The U.K.’s FTSE 100 index is seen opening a touch higher, with Germany’s DAX up 0.23%, France’s CAC 40 up 0.34% and Italy’s FTSE MIB 0.3% higher, according to data from IG. Earnings come from Novartis, Airbus, BP and Barclays on Tuesday.Investors will be assessing the news that U.S. President Donald Trump and his national security team discussed Iran’s proposal to reopen the Strait of Hormuz if the U.S. lifts its blockade and…
Nippon Express shares soar after Elliott discloses latest Japan stake Source link
Amazon is making a big move to advance its ambitions in outer space — one that is pricey and pits it against a formidable incumbent. It could also end up a huge winner for the e-commerce and cloud giant. The Seattle-based company said this month it plans to acquire satellite operator Globalstar for $90 per share in a cash-and-stock deal worth about $11.6 billion. The deal, expected to close in 2027, will bolster Amazon’s budding internet-from-space service called Amazon Leo, which is slated to begin commercial broadband service in mid-2026. It also helps Leo’s standing against the dominant player in…
The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major BP on Tuesday reported stronger-than-expected first-quarter profit, following a surge in oil and gas prices driven by the Middle East conflict.The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $3.2 billion for the first three months of the year. That beat analyst expectations of $2.63 billion, according to an LSEG-compiled consensus.The company said the results reflect “exceptional” oil trading contributions and stronger midstream performance. BP’s net profit came in at $1.38 billion over…
Balco Group reports flat Q1 profit as sales decline, order backlog jumps Source link
In January, the European Commission began an initial investigation, known as a specification proceeding, into how Google has implemented AI in the Android operating system. The results are in, and the EU says Android needs to be more open, which is not surprising. Meanwhile, Google says this amounts to “unwarranted intervention,” which is equally unsurprising. Regardless of Google’s characterization of the investigation, the commission may force Google to make Android AI changes this summer. This action stems from the continent’s Digital Markets Act (DMA), a sweeping law that designates seven dominant technology companies as “gatekeepers” that are subject to greater…
Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise huge funding rounds in the process, as investors bet big on the commercial potential of early-stage AI labs.Amid colossal spending on AI, many of these new startups are raising hundreds of millions within months of being founded. Yesterday, former Google DeepMind researcher David Silver announced he’d raised a record $1.1 billion seed round for his months-old startup Ineffable Intelligence. Tim Rocktäschel, another former DeepMind employee, is reportedly raising up to $1 billion for his new startup Recursive Superintelligence. Rocktäschel didn’t respond to a…
Australia to charge Big Tech companies 2% levy unless they strike local news deals Source link
There’s a land grab underway in the U.S. for perpetual futures, one of the biggest and riskiest parts of the crypto trading world — and prediction markets Kalshi and Polymarket reportedly want a piece of it.Perpetual futures, better known by users as “perps,” are futures contracts without expiration dates that have seen explosive growth since President Trump returned to office. Before that, perps — which can offer up to 100x leverage — didn’t really exist in the U.S., a big reason offshore exchanges like Binance and the now defunct FTX grew so dominant.Today, perps account for more than 70% of…
The General Motors global headquarters at Hudson’s Detroit in Detroit, Michigan, US, on Monday, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General Motors is set to report its first-quarter earnings before the bell Tuesday.Here’s what Wall Street is expecting, based on a survey of analysts by LSEG:Earnings per share: $2.62 adjusted Revenue: $43.68 billion Those results would mark a roughly 1% decline in revenue compared with a year earlier and a 5.8% decrease in adjusted earnings per share. GM’s 2025 first-quarter results included $44.02 billion in revenue, net income attributable to stockholders of $2.78 billion, and…