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Markets

Bitcoin surges over 25% on short squeeze and crypto optimism

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Markets

Resilience amid ruins: Markets at record highs despite Iran war

Global indices in the US, Japan and South Korea have reached all-time highs despite the economic fallout from the ongoing Iran war. Investors are clearly looking past immediate geopolitical risks but what is driving the rally?

Markets

S&P 500 and Nasdaq hit new all-time highs despite Iran war effects

The S&P 500 and the Nasdaq closed at record highs on Wednesday despite the Iran war dragging on, the Strait of Hormuz remaining largely blocked and global economic growth forecasts being cut amid rising inflation.

Markets

Footwear firm Allbirds trades shoes for AI and shares rise over 550%

In a radical strategic overhaul, Allbirds is divesting its footwear business while securing $50 million (€42.4 million) in new financing to acquire GPUs and rebrand as NewBird AI.

Markets

Markets rally, oil prices fall as Trump signals Iran talks

Oil prices fell more than 4% and European shares gained on Wednesday on the possibility of a de-escalation in the Iran war.

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Economy

Europe in the green as Wall Street hesitates ahead of US shutdown deal

Continental indices pushed higher, helped by easing inflation and a rerating in financial markets. US futures, by contrast, edged lower as the shutdown moves from the Senate to the House.

Markets

Asian markets rise, Toyota up by 14% after US tariff deal

Asian shares rallied on Wednesday, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the US announced a deal on President Donald Trump's tariffs.

Markets

Wall Street rallies to historic gains as Trump halts most tariffs

Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.

Markets

Bitcoin hits another all-time high - what's behind the crypto rally?

Cryptocurrencies are gaining from expectations that President-elect Donald Trump will favour digital currencies during his time in the White House.

Markets

Tesla shares rally as investors anticipate growth after Trump victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103, the highest among the big seven stocks.

Markets

European markets higher after Wall Street climbs on Big Tech gain

European markets open in the green as Asian shares mostly rise after Wall Street climbs on Big Tech gains.

Markets

Oil prices rise as Middle East tensions weigh on investors

The price of US crude and Brent climbed on Wednesday as tensions in the Middle East weighed on the minds of investors.

Economy

Fed clears path for rate cuts: Powell lifts stocks and gold higher

The Federal Reserve has set the stage for interest rate cuts later this year, indicating a shift from its long-standing restrictive policy. March's FOMC meeting kept rates stable but hinted at three cuts in 2024. The projection spiked investor confidence, pushing the S&P 500 and gold to record highs

Markets

Bitcoin soars to two-year high, on its way to breaking a record

Crypto investments are on the rise, driving up the price of the original currency.

Markets

European markets higher as tech stocks take Wall Street to record high

Euronews Business rounds-up the week's market action as investors digest the week's earnings and economic data.

Markets

European shares rise as S&P 500 hits record high as earnings thrill

Shares climb in Europe as the S&P 500 hits the 5,000 level for the first time as strong financial results continue.

Business

British pound hits record low against US dollar

It dipped as low as $1.0349 per US dollar early Monday but then rebounded to $1.07.