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Morgan Stanley’s Wilson Tips Earnings to Revive Momentum Trade

(Bloomberg) -- Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan Stanley strategist Mi ...

Bristol Myers Squibb Stock Soars on Report of $400 Billion Merger Talks With AstraZeneca

The merger would be one of the biggest pharma deals ever. AstraZeneca’s market capitalization stood at $264 billion as of Friday’s close, while Bristol Myers Squibb had a total valuation of $133 billi ...

Iran de-escalation drives risk-on

EU mid-market update: Iran de-escalation drives risk-on; Historic coordinated yen intervention; Mixed final EU PMIs, soft German retail, quiet Swiss CPI.

British Pound eases to 1.3450 area following downwardly revised Manufacturing PMI data

The British Pound (GBP) is trimming previous gains against the US Dollar (USD) on Monday, returning to the mid-range of the 1.3400s down from fresh seven-week highs, above 1.3500 earlier on the day.

Rising Africa Trader Cup Opens Across 37 African Countries, Giving Traders an Equal Start and a Shot at Cash Prizes

EBC Financial Group launches a demo trading competition across Africa, offering a USD1,000 prize pool, 20 prize positions, and the same starting equity for every participant

California Democrats endorse billionaire tax despite party divisions

US Equity Investors to Focus on Quarterly Earnings, Nonfarm Payrolls, Iran Geopolitics This Week

US equity investors are expected to focus on earnings, labor market data, and messaging from top Fed

Gold: Explosive phase, muted correction – Deutsche Bank

Deutsche Bank Research analysts Michael Hsueh and Bryant Xu argue that Gold has been in an explosive price phase since August 2024, but recent moves suggest a muted correction.

Biggest stock movers Monday: BMY, BABA, and more

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $58.38 per troy ounce, up 1.37% from the $57.59 it cost on Friday.

Costamare Bulkers reports Q2 results

BP Completes Sale of German Refinery as Portfolio Overhaul Accelerates

BP has completed the sale of its refinery in Gelsenkirchen, Germany, to Klesch Group, as the UK supermajor continues to streamline its business and high-grade its portfolio under CEO Meg O’Neill. The ...