Global

The U.S. and Iran have reportedly drafted a memorandum of understanding (MOU) that lays out a 14-point roadmap for easing tensions between the U.S. and Iran. These measures must be implemented before formal negotiations on a final agreement can begin, CNBC reported on Friday, citing Iran’s...

Nvidia Corp. (NASDAQ:NVDA) has expanded its Washington presence by appointing veteran lobbyist Bruce Andrews to steer its government affairs as U.S.-China tensions over advanced AI chips continue to escalate. Veteran Washington Insider Joins Nvidia Andrews will serve as its Chief External Affairs...

The S&P 500 surged on Thursday as easing concerns over the U.S.-Iran war and a rebound in semiconductor stocks sparked a broad market rally. Polymarket traders are betting the benchmark index will extend those gains at Friday’s open. The S&P 500 climbed 1.75% to close at 7,394.30 on...

GLJ Research analyst Gordon Johnson on Thursday said that the Iranian government’s adding Elon Musk-led SpaceX to its target list is a smart move for Tehran. Iran To Target SpaceX? In a post on X, Johnson said that Iran targeting SpaceX infrastructure was smart for Iranians because “the...

With President Trump hinting that a deal with Iran could soon happen as discussions on a deal have been approved by the “highest level of Iranian leadership,” hopes for traffic returning to normal at the Strait of Hormuz have increased once again. Trump on Thursday called off "scheduled...

Wellchange Holdings Company Limited (NASDAQ:WCT) stock is trading sharply higher on Thursday. Traders are reacting to a newly issued proxy statement that outlines a series of massive corporate restructuring proposals, including a steep reverse stock split designed to maintain its exchange listing...

The largest sports event of the year, the FIFA World Cup, will kick off, literally and figuratively, today in Mexico City. With so many big names chasing the trophy, there is no shortage of favorites. Yet, moving beyond the pub debate and into quantitative analysis, things get complicated very...

The 2026 FIFA World Cup officially begins Thursday with the opening match in Mexico City, launching a 104-game tournament across 16 host cities in the U.S., Canada and Mexico that runs through the July 19 final. Eleven of those cities are in the U.S., and economists are already tallying the payoff...

Zhengxin Food is reportedly chasing a public listing, as its shrinking restaurant network highlights the dangers of relying on franchisees for rapid expansion image credit: Bamboo Works Key Takeaways: Zhengxin is reportedly planning a Hong Kong IPO, even as the store count for its chicken chain...

Just five months after its Hong Kong IPO, the capital-hungry AI large model company has launched a plan to list on Shanghai's Nasdaq-style STAR market image credit: Bamboo Works Key Takeaways: Knowledge Atlas plans to raise up to 15 billion yuan through a listing on Shanghai's STAR Market, more...

The drug services provider has been battling to shore up its share price and suffered a sharp sell-off after being added to a U.S. list of firms with suspected military links image credit: Bamboo Works Key Takeaways: Pharmaceutical firms hit by weakening Hong Kong valuations have been...

(Editor’s note: The ETF futures, headline and economic data were updated in this story) U.S. stock futures rose on Thursday, as the Nasdaq 100, S&P 500, and the Dow Jones indices advanced, following Wednesday’s lower close. Initial claims for state unemployment benefits edged higher...

On the brink of the FIFA World Cup 2026, Nike Inc. (NYSE:NKE) faced a stock downgrade from RBC Capital Markets. The firm lowered its share price target from $70 to $50, citing slower-than-expected revenue growth. The analysts, led by Piral Dadhania, have revised their outlook for the...

Fox Business host Larry Kudlow argued Wednesday that President Donald Trump‘s previously undisclosed effort to keep oil flowing through the Strait of Hormuz may have helped prevent a much larger energy shock, eased inflation pressures and reduced the need for more aggressive Federal Reserve...

Global dealmaking entered 2026 echoing the narrowing breadth of the stock market: fewer transactions, but bigger checks. M&A values rose in the first quarter ($319 billion versus $283 billion in the first quarter of 2025), despite deal volumes falling to their lowest level in several years, the...