Escalating tensions in the Middle East are starting to reshape the global technology landscape. Drone and missile strikes on critical infrastructure are disrupting cloud services and casting uncertainty over billions of dollars in planned artificial intelligence investments across the Gulf. Recent attacks on data centres in the United Arab Emirates and Bahrain have knocked some
Shares of Walt Disney rose modestly on Wednesday in pre-market trading as analysts turned more constructive on the media and entertainment giant, arguing that its current valuation presents an attractive entry point despite ongoing macroeconomic and operational challenges. Raymond James upgraded Disney to outperform from market perform, assigning a price target of $115, after conducting
AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based company stated that the facility, situated in Lappeenranta near the Russian border, is being developed by its Finnish partner, Polarnode, and is expected to come online in phases starting in 2027. Valued
Novo Nordisk cut prices for its diabetes and weight-loss injections Ozempic and Wegovy in India on Tuesday, marking a second reduction aimed at countering cheaper local generics. The company lowered list prices by up to 36% for Ozempic and up to 48% for Wegovy, with the move following the March 20 expiry of India’s patent
The Rolls-Royce share price has dropped and moved into a correction this month as the US-Iran war has escalated. It tumbled to a low of 1,108p, down by over 22% from the year-to-date high. This retreat may continue, potentially to 1,000p as the war impacts its civil aviation business. Rolls-Royce share price has slumped amid
The stock market will be on edge this week as investors continue focusing on the ongoing Iran war. This focus comes at a time when the Dow Jones, Nasdaq 100, and S&P 500 indices have plunged from their all-time highs. This article explores some of the top US stocks to watch this week, including companies
The global video-game industry is entering a period of recalibration after Sony raised prices of its flagship PlayStation 5 consoles for the second time in less than a year, underscoring mounting cost pressures tied to memory chip shortages and supply-chain strain. The move, which lifts US prices by as much as $100 starting April 2,
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368, its lowest level since August last year. It has fallen in the last five consecutive weeks. S&P 500 Index in focus as Iran war takes
CrowdStrike Holdings Inc (NASDAQ: CRWD) is inching lower on Mar 27 after partner Anthropic previewed a “breakthrough” AI model with advanced cybersecurity capabilities it’s calling Claude Mythos. Adding to the pressure are reports of Amazon.com Inc, another one of CRWD’s partners, developing a sophisticated artificial intelligence tool to handle sales, business development, and other tasks.
US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging oil prices dampened investor sentiment. The Dow Jones Industrial Average dropped 793.47 points, or 1.73%, to 45,166.64, entering correction territory on an intraday basis. The