Finance Archives - Page 10 of 26

Broadcom stock drops after strong earnings as AI demand fuels revenue surge

December 11, 2025 Adnan Rasheed

Broadcom stock turned lower late Thursday despite the semiconductor giant reporting stronger than expected fourth quarter results and issuing an upbeat revenue outlook driven by accelerating demand for artificial intelligence hardware. The company’s earnings topped Wall Street estimates and highlighted rapid growth in custom AI accelerators and networking chips. The Palo Alto based company reported … Read more

Gold slips after Fed rate cut amid divided vote as silver hits new record

December 11, 2025 Adnan Rasheed

Gold slipped on Thursday after the Federal Reserve delivered a divided interest rate cut that left markets questioning how aggressively policymakers will ease next year. The move contrasted sharply with silver, which surged to another all time high on strong industrial demand and dwindling inventories. The developments come as investors digest mixed signals from the … Read more

Oracle stock sinks after revenue miss raises new concerns over AI driven growth

December 10, 2025 Adnan Rasheed

Oracle stock sinks more than 10 percent in after hours trading Wednesday after the technology giant reported quarterly revenue that fell short of Wall Street expectations. Raising new concerns about the stability of the current AI boom and Oracle’s heavy dependence on major partners to drive growth. Oracle stock sinks appears as investors reassessed the … Read more

Fed rate cut expected as central bank weighs economic uncertainty

December 10, 2025 Adnan Rasheed

The Federal Reserve’s Fed rate cut could lower borrowing costs for consumers but may reduce returns on savings accounts.

The Federal Reserve is expected to deliver another Fed rate cut on Wednesday, lowering its benchmark interest rate by a quarter point in what would be its third reduction this year. The move marks another step in the central bank’s effort to steady an economy that has shown signs of slowing as consumers navigate rising … Read more

Meesho stock debut surges to $8.8 billion valuation in India

December 10, 2025 Adnan Rasheed

Investors reacting to Meesho stock debut on the National Stock Exchange, India.

Meesho, the Indian e-commerce platform, made a striking stock debut on the National Stock Exchange on Wednesday, with shares rising about 58 percent above their issue price. The surge valued the company at 789.3 billion rupees, or roughly $8.78 billion, highlighting strong demand in India’s mass market fashion and lifestyle segment. The stock listed at … Read more

MacKenzie Scott Donated $7.1 Billion, Reshaping Nonprofit Funding in 2025

December 10, 2025 Adnan Rasheed

MacKenzie Scott donated $7.1 billion in 2025, highlighting her record-setting philanthropic impact on nonprofits and education institutions

Philanthropist MacKenzie Scott donated $7.1 billion to nonprofits in 2025, a dramatic increase from her previous annual totals and one that experts said is redefining norms around large scale, unrestricted giving. Scott disclosed the figure in an essay posted Tuesday to her website, calling the total “a vanishingly tiny fraction of the personal expressions of … Read more

Powerball jackpot nears $1B as $1M winning ticket is sold in Florida

December 9, 2025 Adnan Rasheed

Florida convenience store where a $1 million ticket was sold as the Powerball jackpot approaches $1 billion

A Florida ticket holder is starting the week with a major windfall after state lottery officials confirmed that a $1 million prize was won in Monday night’s drawing, even as the Powerball jackpot surged to an estimated $930 million for Wednesday. No ticket matched all six numbers, allowing the growing pot to edge closer to … Read more

Dollar eases ahead of Fed interest rate decision as markets brace for volatile week

December 8, 2025 Adnan Rasheed

Dollar eases before Fed interest rate decision

The dollar eased Monday as global investors positioned for a pivotal week dominated by the highly anticipated Fed interest rate decision, a move widely expected to deliver a cut paired with unusually firm guidance. Currency markets have drifted lower for three straight weeks, yet traders continue to rebuild bullish bets ahead of the central bank’s … Read more

Canada oil pipeline could threaten BC coast, First Nations warn

December 7, 2025 Adnan Rasheed

Coastal community affected by Seaforth Channel diesel spill

Canada is weighing approval of a new oil pipeline that would transport bitumen from Alberta to the British Columbia coast, sparking renewed concerns among First Nations about potential environmental damage. The proposal comes nearly a decade after a major diesel spill near the entrance to Seaforth Channel, which devastated local communities and highlighted the dangers … Read more

Netflix’s $72 billion deal for Warner Bros. Discovery stuns Wall Street and sparks regulatory scrutiny

December 7, 2025 Adnan Rasheed

Netflix’s $72 billion deal to acquire Warner Bros. Discovery’s core studio and streaming assets stunned investors and Washington on Friday, setting off an immediate battle over whether regulators will allow the world’s largest streaming service to grow even larger. The agreement, which would place HBO, HBO Max, and Warner Bros.’ legendary film library under the … Read more