Estimated reading time: 6 minutes Key Takeaways Jerome Powell’s semiannual testimony offers an invaluable window into the Federal Reserve’s current thinking. Lawmakers will probe the Fed Chair on inflation, labour …
-
-
Estimated reading time: 5 minutes Key Takeaways Shares of telehealth player Hims & Hers plunged *over 30 per cent* after Novo Nordisk abruptly ended their obesity-drug partnership. Novo Nordisk cited **serious …
-
Estimated reading time: 4 minutes Key Takeaways BNY Mellon has held early talks with Northern Trust about a possible merger. Northern Trust shares spiked nearly 6% in pre-market trading, signalling …
-
Estimated reading time: 6 minutes Key Takeaways Wolfspeed will file for Chapter 11 protection in a bid to restructure US$4.6 billion of debt. A pre-negotiated Restructuring Support Agreement proposes a 70 % haircut …
-
Estimated reading time: 4 minutes Key Takeaways Supermicro plans to issue £2 billion in convertible senior notes, aiming for a 2030 maturity. The unsecured notes rank ahead of equity but below …
-
Estimated reading time: 6 minutes Key Takeaways Novo Nordisk’s share price plunged after its CagriSema trial missed the ambitious 25% weight-loss target. Rival drugs from Eli Lilly are now viewed …
-
Estimated reading time: 4 minutes Key Takeaways Tesla shares rallied 5.7 percent after the first commercial robotaxi service was unveiled in Austin. Introductory fares are set at USD 4.20, leveraging Full Self-Driving v12 and …
-
Estimated reading time: 6 minutes Key Takeaways Northern Trust shares jumped 4.7 % after an article in the Wall Street Journal suggested a potential merger with BNY Mellon. A combined group …
-
Estimated reading time: 6 minutes Key Takeaways 2025 refinance rates have slipped below 7 per cent, creating timely savings opportunities. Credit scores above 740 and an LTV under 80 per cent unlock the most …
-
Estimated reading time: 6 minutes Key Takeaways Wall Street reopens after the Juneteenth holiday, and volatility gauges are elevated. Pre-market (04:00–09:30 ET) and after-hours (16:00–20:00 ET) often amplify price swings …