Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups
The announcement comes on the back of a bumper start to the week for European AI companies.
Traders fear missing out on latest ‘Trump TACO rally’
One thing was made clear by Monday’s big comeback: Traders don’t think this volatility will persist.
As Iran war disrupts oil prices, consumers could be ‘hammered,’ economist says
The Iran war may impact U.S. consumers far beyond the gas pump, raising inflation expectations and causing an uptick in the yield on the 10-year Treasury note.
Bill Ackman’s Pershing Square files for IPO on the NYSE
The planned listing would give public investors a stake in Ackman’s investment platform, which oversees a concentrated portfolio of large-cap companies
Oracle earnings will show whether its expensive AI bet is starting to pay off
Oracle’s $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and Microsoft.
Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition
Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.
Iran defends strikes on Gulf neighbors — but they say trust is broken
Iran has defended its strikes against its Gulf countries but its neighbors say attacks have damaged trust for a long time.
S&P 500 ends volatile day slightly lower as Iran conflict keeps traders on edge: Live updates
Stocks reversed course from their lows Monday and closed higher across the board after Trump gave signs that an end may be in sight for the U.S.-Iran war.
As the Iran war upends energy flows, Russia is emerging as the real winner
Russia is shaping up to be a major beneficiary of the escalating energy crisis in the Persian Gulf, analysts told CNBC.
