TA 35 Index Rises 0.80% to Hit One-Month High
Israel's benchmark TA 35 index closed up 0.80% on Wednesday, reaching a new one-month high on the back of gains in the insurance, oil & gas, and financial sectors.
Latest by Marcus Chen
Oslo Benchmark Index Jumps 1.68% to One-Month High, Led by Energy Stocks
Norway's Oslo OBX index closed up 1.68% on Wednesday, reaching its highest level in a month, buoyed by a rally in energy stocks and broad-based gains across the healthcare and utilities sectors.
easyJet Shares Plunge on Report of EU Airline Ownership Rule Review
Shares of the British budget carrier fell sharply after a report indicated the European Union plans to review its airline ownership rules, creating uncertainty for two pending takeover bids from U.S. investment firms.
SpaceX Plans Major AI Data Center Expansion in Texas, Report Says
The aerospace company is preparing a significant expansion of its AI computing capacity with new facilities in Texas, according to a report from The Information. The move follows recent AI infrastructure deals with Google and Anthropic.
Amazon Reduces Staff in Artificial General Intelligence Unit to Sharpen Focus
Amazon has cut an unspecified number of jobs in its artificial general intelligence (AGI) division, the latest in a series of smaller workforce reductions aimed at refining the company's strategic priorities.
Flynas Orders 25 Additional Airbus Jets to Fuel Saudi Expansion
Saudi low-cost carrier Flynas has placed a firm order for 25 more Airbus aircraft, including wide-body A330-900s and narrow-body A321neos, to support its growth and align with the Kingdom's tourism objectives.
Barclays Downgrades Travis Perkins, Slashes Price Target on Margin Concerns
Barclays analysts downgraded the building materials supplier to 'underweight' from 'overweight,' citing risks of aggressive price competition and structural margin erosion amid a weakening UK housing market.
OpenAI Plans $30 Billion Data Center in Georgia to Fuel AI Expansion
The AI developer has secured a massive power allocation for a new complex in Effingham County, a project expected to exceed $30 billion, signaling a strategic shift to build its own infrastructure.
Airbus and Boeing Reach Valuation Parity Despite Sharply Diverging Trajectories
Aerospace giants Airbus and Boeing now hold nearly identical market capitalizations of around $162 billion, a striking parity that contrasts with their opposing stock performance and operational health ahead of Boeing's key earnings report.