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Economy

Brazil’s Lula urges Congress to cut spending to help ‘beat’ financial markets

SAO PAULO (Reuters) – Brazil’s president vowed to beat the “speculative greed” of financial markets in an interview broadcast late on Sunday…
Economy

Japan to propose $65 billion plan to aid domestic chip industry, draft shows

By Takaya Yamaguchi TOKYO (Reuters) – Japan’s government will propose a $65 billion plan to boost its chip industry with subsidies and…
Stock

AbbVie shares slip after schizophrenia drug trial misses primary endpoint

Investing.com – AbbVie (NYSE:ABBV) has announced that its two phase 2 trials of a treatment for adults with schizophrenia missed its primary endpoint,…
Stock

Novavax stock soars as FDA removes clinical hold on its COVID and influenza shot

Investing.com — The U.S. Food and Drug Administration (FDA) has lifted its hold on a late-stage trial for Novavax’s COVID-influenza combination and…
Stock

MicroStrategy acquired ~27,200 bitcoin for ~$2 billion in cash

On Monday (NASDAQ:MNDY), MicroStrategy Incorporated (NASDAQ:MSTR), known for holding the largest corporate Bitcoin treasury, announced the acquisition of approximately 27,200 bitcoins between…
Stock

Tesla stock extends rally as Musk-Trump alliance fuels gains

By Zaheer Kachwala (Reuters) -Tesla shares jumped more than 6% premarket on Monday (NASDAQ:MNDY), extending a rally fueled by investor bets that…
Stock

S&P 500 price target raised at Oppenheimer after ‘decisive’ election results

Oppenheimer AM lifted its 2024 year-end price target for the S&P 500 from 5,900 to 6,200. This marks the third time this…
Economy

Futures rise, CPI this week, Bitcoin’s new record high – what’s moving markets

Investing.com – US stock futures rise, suggesting a possible extension to a rally in equities in the wake of Donald Trump’s election win…
Economy

Budget meeting scrapped as German parties wrangle over election timing

By Holger Hansen BERLIN (Reuters) – German legislators on Monday (NASDAQ:MNDY) scrapped a crucial budget planning meeting as parties continued to wrangle…
Economy

China to step up idle land reclaim to support property market

BEIJING (Reuters) – China plans to utilize funds from local government special bonds to increase efforts to reclaim and acquire idle land,…
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