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Business

SAP jumps 7% on earnings beat as cloud growth eases AI fears

Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong

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Business

Tesla stock jittery after earnings: why investors remain cautious

Shares of Tesla traded unevenly on Friday, briefly rising as much as 1.3% before giving up gains to hover near flat, as investors

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Stocks

Derivatives Demand and Supply Crunch Signal Bullish Momentum for Bitcoin

At the same time, spot Bitcoin exchange-traded funds (ETFs) continue to see interest, with $1.9 billion flowing into these financial vehicles over the

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Investing

USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war

The Japanese yen continued softening against the US dollar as energy prices jumped and after the country’s publication of its inflation report. The

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Investing

Pound edges higher but set for weekly loss amid Middle East tensions

The British pound rose marginally against the US dollar on Friday but remained on track for a weekly loss, as geopolitical uncertainty and

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Economy

Elon Musk says Tesla has started producing cybecabs

Tesla Inc. has started manufacturing its long-awaited Cybercab robotaxi, Chief Executive Officer Elon Musk said in a post on social media platform X.

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Economy

Pound edges higher but set for weekly loss amid Middle East tensions

The British pound rose marginally against the US dollar on Friday but remained on track for a weekly loss, as geopolitical uncertainty and

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Economy

Intel stock skyrockets 28%, so why are analysts still saying sell?

Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings. The company

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Economy

FTSE 100 slips as Iran crisis dampens investor confidence

UK equities moved lower on Friday and were on track for weekly losses, as fading hopes of a swift resolution to the Iran

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Economy

Lucid stock just crashed to a record low: will it rebound after earnings?

Lucid Group stock price crashed to a record low this week, continuing a downtrend that has been going on for years. It plunged

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