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Shares of Japanese automaker Toyota spiked 5% Tuesday after the company announced it will introduce a full lineup of battery electric vehicles with “next generation” batteries from 2026.These will be developed and manufactured by a new EV unit called BEV Factory, which was established in May.In a presentation Tuesday, Takero…
Manchester United shares surged 30% in premarket trading on Tuesday, before paring gains, after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid.Qatar’s Al-Watan newspaper reported Tuesday evening that Sheikh Jassim, a son of the country’s former prime minister, is poised to be…
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. The cameras are once again trained on Donald Trump. The disgraced former president will be the subject of another cascade of historic headlines Tuesday…
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The price of Bitcoin has entered a consolidation phase, trading within a range of $25,400 to $26,200. This period of consolidation suggests a temporary pause in the upward or downward momentum of Bitcoin. Traders and investors are now closely observing the market to determine the next move for Bitcoin. The key question that…
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Back in April, I wrote that Annaly Capital Management (NYSE:NLY) looked well positioned for when the MBS market turns. From a total return perspective, the stock is up about 5% since then. Let’s take a closer look. Company Profile As a quick reminder, NLY is mortgage REIT that invests in…
Commerzbank is hoping to announce a second, larger share buyback after its half-year results at the start of August, the bank’s chief financial officer has told the Financial Times.Germany’s second-largest listed lender more than tripled net profit to €1.4bn last year and in June began the first buyback in its…
It’s the United States of America v. Donald J. Trump. For the first time in history, the nation is seeking to put on criminal trial a person who was elected to lead it as president. Trump is due in court in Miami on Tuesday to answer a 37-count indictment that…
The S&P 500 index is in a bull market, volatility is very low, and more stocks are rising than in recent months. There must be nothing going on to worry investors, huh? Not a thing, apparently. The S&P 500 added 0.4% this past week; the Dow Jones Industrial Average, 0.3%;…