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Yen Hits Highest Level in Over Five Weeks as Tech Selloff Spurs Demand for Haven

The yen surges to a five-week high against the dollar as investors seek safe haven amid tech stock selloff. The traditional haven asset benefits from demand in the options market and a dovish Bank of Japan policy stance.

Earnings in Focus After Europe's Stocks Fall From Peak

ASML, SAP, LVMH, Shell, and Deutsche Bank among European companies reporting earnings this week; profit margins, economic growth, and currency movements in focus.

Landlords: Tax Returns, Allowable Expenses, and Tax-Saving Tips

Landlords must file a yearly tax return to declare rental income. Despite recent tax law changes, there are still ways to minimize your tax bill. Our guide covers important deadlines, expenses you can claim, and tips to ensure you pay the correct amount of tax.

Meta Investing Up to $65 Billion in Artificial Intelligence in 2025

Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.

Investcorp eyes public listing in 3-5 years as it targets $100 billion in assets

Investcorp plans an IPO in 3-5 years, targeting $100 billion AUM and considering London or New York as a listing venue. The alternative investment firm seeks to double its AUM and explore opportunities in the 401(k) retirement savings market.

Japan PM Ishiba Seeks Support for Budget, US Ties Amid Challenges

Japanese Prime Minister Shigeru Ishiba addresses parliament, seeking support for his minority government's record budget and navigating relations with the US amidst concerns over trade and security.

EU Antitrust Battles With US Tech Giants: Trump Weighs In

Trump says EU antitrust fines on US tech giants are 'a form of taxation'; Europe has aggressively tackled power of American tech companies for years, with recent fines including €13 billion for Apple, $2 billion for Google, €797 million for Meta, and threats of up to $47 billion for Amazon.

Puma Shares Tank 20% After Disappointing Sales, Earnings

Puma stock plunged after worse-than-expected Q4 sales, down 20% and hitting its lowest since March 2018

VW eyes extra US investment to double market share

Volkswagen plans to double market share in the United States and may expand its Chattanooga, Tennessee plant, but no decisions have been made.

Strong Netflix Earnings and User Growth Drive Stock to Record High

Netflix stock soared nearly 10% after the streaming giant reported record subscriber gains and beat earnings expectations in Q4 2024. The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook.