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Category: Top Stories

Here are Goldman’s top trades for earnings season

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Stocks that could rise on the back of their next quarterly earnings include Hershey and Wynn Resorts.

Singapore police probe Nvidia customer Megaspeed over alleged China export violations

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Singapore officials are investigating AI computing company Megaspeed, a customer of American AI chip maker Nvidia, for potentially violating domestic laws.

Qualcomm shares fall after China opens antitrust probe into the U.S. chip giant

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Qualcomm has a big business in China selling its smartphone chips to some of the biggest players in the country such as Xiaomi.

Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say

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Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.

Israel approves Trump’s peace plan, clearing the way for a ceasefire in Gaza

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The Israeli cabinet ratified the agreement in the early hours of Friday morning.

Takaichi’s bid for Japan’s premiership jolted as Komeito quits ruling coalition, NHK reports

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Komeito Chief Representative said that the LDP “failed to provide sufficient answers regarding political funding issues.”

‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors

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“We do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” Hargreaves Lansdowne said.

China blacklists major chip research firm TechInsights following report on Huawei

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Beijing has banned semiconductor researcher TechInsights from working with or receiving data from entities in China.

China’s property slump this year is looking much worse than expected, S&P says

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China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.

First Brands’ implosion is ripping through private credit – and lenders are scrambling to contain the fallout

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The stricken U.S. auto parts maker’s dramatic collapse has hit Jefferies, Millennium and UBS fund unit O’Connor

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