Browsing: Business

– Meta plans to raise as much as $95 billion in new equity to fund its push into AI infrastructure and superintelligence, the company said on Monday, October 26. The plan begins with $35 billion in underwritten public offerings. A

– Four major financial firms have committed $63 billion to fund AI computing hardware from Broadcom for Anthropic. Bank of America, Blackstone, Citi and Morgan Stanley unveiled the transaction on Monday, October 26. The deal forms part of a strategic

– Wall Street faces a packed week of corporate earnings and policy events, led by results from three members of the Magnificent Seven. Alphabet, Microsoft and Amazon will report quarterly figures as investors seek proof that their huge AI spending

– On Wednesday, October 21, Brent crude futures increased by $1.21, reaching $110 a barrel, according to Reuters, driven by ongoing Middle East conflicts that heightened market concern. Simultaneously, US West Texas Intermediate crude gained more than $1, climbing to

– The U.S. Dollar Index declined by 0.25% to reach 102.27 on Tuesday, October 13, marking a pullback from its highest point in 18 months. The gauge, which measures the greenback’s performance against six major currencies, had surged to 102.61

– The U.S. stock bull market reached its fifth year on Monday after four consecutive years of positive returns. According to Truist analysis, the S&P 500 has risen approximately 119% since its bear-market low at the close on Oct. 12,

At the close of the trading week, international stock markets saw a significant rebound as investors shifted back towards riskier assets. Financial data indicated that US and European stocks finished higher as bond yields eased, reversing a downward trend that

– Gold prices increased on Monday as traders reacted to softer U.S. employment figures and a strengthening dollar. The spot gold price rose by 0.6% to $4,165.49 per ounce at 0901 GMT. Meanwhile, U.S. gold futures for December delivery went

– Next week, the U.S. Treasury Department will hold three consecutive sales, auctioning a total of $119 billion in notes and bonds. The schedule begins on Tuesday, Oct. 6, with a $58 billion offering of three-year notes. On Wednesday, Treasury

– In the second quarter of 2026, the U.S. economy grew at an annual rate of 2.2%, marking a significant upward revision from initial estimates. The U.S. Bureau of Economic Analysis issued the updated figure for the April through June