Colombian Stocks Rise as COLCAP Index Gains 0.65%
Colombia's benchmark COLCAP stock index closed higher on Friday, boosted by gains in the industrial and services sectors, even as key commodity prices fell.
Latest by Marcus Chen
New York Times Accuses EEOC of Retaliation in Countersuit Over Diversity Hiring Case
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, alleging the agency's discrimination lawsuit is illegal retaliation for the newspaper's political coverage.
Holtec Nuclear Files for US IPO to Fund Small Modular Reactor Plans
The energy technology firm has filed to go public on Nasdaq, seeking to raise capital for the development of its small modular reactors aimed at replacing coal-fired power plants.
SpaceX Gets $800 Target from Raymond James; Salesforce Downgraded on AI Product Concerns
Raymond James initiated coverage on SpaceX with a Street-high $800 price target, while Bernstein downgraded Salesforce due to weak feedback on its AI product, highlighting a week of divergent analyst views on major tech names.
SpaceX Earns Street-High $800 Target, Salesforce Downgraded on AI Product Woes
Analysts issued major calls on AI-related stocks this week, with Raymond James initiating SpaceX at a Street-high $800 target while Bernstein downgraded Salesforce due to poor feedback on its Agentforce product.
Bernstein: AI Boosts Market Efficiency But Raises 'Tail Risk' of Severe Dislocations
Artificial intelligence is making financial markets more efficient by speeding up analysis, but the widespread use of similar models could lead to crowded trades and amplified volatility, according to a research note from Bernstein.
US Dollar Strengthens as Gulf Ship Attacks Trigger Flight to Safety
The U.S. dollar rose Tuesday as reports of attacks on oil tankers in the Strait of Hormuz fueled a flight to safety, overshadowing monetary policy concerns. The euro slipped despite strong German data, while the yen remained near multi-decade lows.
Dollar Gains as Middle East Tensions Spur Safe-Haven Demand
The U.S. dollar strengthened on Tuesday as investors sought safety amid escalating geopolitical tensions in the Middle East following attacks on oil tankers, overshadowing upcoming U.S. monetary policy signals.
Global Bond Yields Hold Near Multi-Week Highs on U.S.-Iran Tensions
U.S. Treasury and German Bund yields are clinging to multi-week peaks after an escalation in U.S.-Iran tensions sparked a surge in oil prices, fueling investor fears of renewed inflation.