Stock Market & Financial News
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminium
Ferrari and BMW are rolling out new models featuring lightweight, cost-effective aluminium wiring, accelerating a shift away from copper, the dominant material in electric wiring since the invention of the electric battery two centuries ago.
TSLA Bitcoin spot ETFs see $231M outflow as Ethereum ETFs lose $30M in eighth straight day of withdrawals
The sustained outflows from Bitcoin and Ethereum ETFs highlight growing investor caution amid macroeconomic shifts, impacting crypto market stability. Bitcoin spot ETFs see $231M outflow as Ethereum ETFs lose $30M in eighth straight day of withdrawals.
China's Innovent Biologics gains commercialization rights for Eli Lilly breast cancer drug
Innovent Biologics has entered into an agreement that grants it sole commercialization rights for Eli Lilly's breast cancer drug Verzenios in mainland China, the Chinese drugmaker said Tuesday.
IVBIY USD/JPY Price Forecast: Holds breakout above 162.00
USD/JPY Price Forecast: Holds breakout above 162.00
Short sellers keep betting against Pop Mart — even though it's been a losing trade
Pop Mart stands out as the only one of Hong Kong's most shorted stocks where shorts are losing money, said S&P Global Market Intelligence. The persistent bearish bets reflect deepening tension between a sizable cohort of skeptical traders and the bulls.
PMRTY 
Best Buy Has Good Prospects For Another Comeback
Best Buy is undergoing a pivotal leadership change, with Jason Bonfig—architect of its marketplace and retail media—taking the helm as CEO. BBY is strategically shifting toward higher-margin growth engines: expanding its third-party marketplace, scaling Best Buy Ads, and leveraging Geek Squad services. The stock trades at a discounted 12x trailing earnings and 6.3% yield, undervaluing BBY's transformation potential and margin expansion opportunities.
BBY 
Telix Pharmaceuticals Limited (TLX) Discusses Neurologic Oncology Portfolio and Advances in Therapeutic and Diagnostic Agents Transcript
Telix Pharmaceuticals Limited (TLX) Discusses Neurologic Oncology Portfolio and Advances in Therapeutic and Diagnostic Agents Transcript
TLX 
USD/CAD Price Forecast: Holds gains above 1.4200, bullish trend intact despite overbought signals
USD/CAD Price Forecast: Holds gains above 1.4200, bullish trend intact despite overbought signals
GBP/USD Price Forecast: Retreats from one-week top as USD firms; 1.3300 holds the key
GBP/USD Price Forecast: Retreats from one-week top as USD firms; 1.3300 holds the key
XRP holds $1 support as network activity rises and leverage clears out
Active addresses jumped 72% in two weeks while open interest fell to its lowest level since July 2025, giving traders a cleaner setup even as price remains trapped below resistance.
I Am Buying Accenture For The Dividends, Not The Growth
Accenture plc has experienced a >50% YTD share price decline amid AI-driven obsolescence fears. I now focus on ACN's shareholder returns, highlighting robust buybacks and consistent dividend growth. Despite recent challenges, ACN's strong cash flow and capital return policies enhance its appeal as a dividend stock.
ACN 
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Strategy change of strategy: Michael Saylor opens the door to Bitcoin monetization
Michael Saylor disrupts one of Strategy's founding principles with a new unprecedented financial framework. Between $2 billion share buybacks and possible Bitcoin monetization, this decision could transform the management of BTC cash reserves.
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell bitcoin added to the caution.
Philippines Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity.
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
Tom Lee Ties Ethereum Selloff to Quarter-End Window Dressing
Bitmine Chairman Tom Lee tied Ethereum's (ETH) 8% weekly drop to quarter-end window dressing, arguing funds trimmed three-month losers.
India Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Serko Limited (SERKF) Shareholder/Analyst Call Transcript
Serko Limited (SERKF) Shareholder/Analyst Call Transcript
SERKF 
Malaysia Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
USD/JPY signal: forecast as the Japanese yen plunges to 162
The Japanese yen continued its strong downward trend this week, reaching its lowest level in over 40 years. The USD/JPY crossed the crucial resistance of 162, bringing its 12-month gains to 12.3%.
Oil Price Forecast: Strait of Hormuz Flows Pressure WTI and Brent
Oil prices remain under pressure as US-Iran talks reduce the war premium, while Strait of Hormuz uncertainty and key WTI and Brent support levels shape the next move.
WTI 
Alphabet: The Drawdown Is An Opportunity To Pounce
Alphabet is upgraded to Strong Buy as valuation has become compelling after a 15% price decline. GOOG's CapEx surge is de-risked by a record $90B equity raise, anchored by Berkshire Hathaway and Blackstone. Waymo's rapid growth and Gemini's scaling reinforce structural strengths, while cloud backlog offers multi-year revenue visibility.
GOOG 
Quant funds face sharp drawdown after worst five-day stretch since 2023
Quant funds' recent losses highlight the vulnerability of algorithmic strategies to market volatility and crowded trades, impacting investor confidence. Quant funds face sharp drawdown after worst five-day stretch since 2023.
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to four-decade lows, lifting the dollar higher across the board.
CTS Eventim: Business And Stock Price Heading Opposite Directions
CTS Eventim: Business And Stock Price Heading Opposite Directions
CTS 
Surprisingly quick oil price retreat eases urgency for ECB to act, sources say
The unexpectedly rapid retreat in energy prices in the past week has further taken pressure off European Central Bank policymakers to lift interest rates next month but the case for a small hike later on remains firm, four sources told Reuters.
BNO 
EUR/USD Price Forecast: Looks to extend intraday descent below 1.1400 on firmer USD
EUR/USD Price Forecast: Looks to extend intraday descent below 1.1400 on firmer USD
