By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Cognizant's AI Builder push hits 8,000 engagements as clients seek ROI
Wedbush says Cognizant's AI Builder push has resulted in roughly 8,000 AI engagements. Clients are seeking better returns on their AI invest
Germany's DAX rises as GDP beats forecasts, but adidas drops 11.5%
Germany's DAX gained 0.6% after Q2 GDP beat expectations at 0.2%, but July inflation rose to 2.8% and adidas tumbled 11.5% on results that f
TSX edges up as gold miners and banks offset Lightspeed's 14.5% plunge
Canada's main stock index barely moved as a sharp sell-off in tech stock Lightspeed was offset by strength in gold miners and major banks. T
Aumovio settles BMW dispute with €350 million payment, wins €1 billion in new contracts
Auto supplier Aumovio has agreed to pay BMW €350 million to settle legal disputes, with payments due in late 2026. In return, BMW plans to a
Asian ADRs Surge as Chip Stocks Lead Broad Rally in US Trading
Asian ADRs rallied in US trading Thursday, with the S&P Asia 50 ADR Index rising 2.39% as chip stocks led the charge. Silicon Motion surged
Xiaomi launches SkyNomad N90 Max SUV to boost EV sales
Xiaomi has launched the SkyNomad N90 Max, a seven-seat EREV SUV priced at 299,900 yuan, with pre-orders starting Thursday and deliveries in
Stocks Rebound as Microsoft Eases AI Spending Fears, 30-Year Yield Tops 5.2%
Stocks recovered as June's PCE inflation data matched expectations and Microsoft's steady outlook eased concerns about costly AI investments
Amazon's Zoox gets green light for driverless robotaxis without steering wheels
Amazon's Zoox has received federal approval to operate paid robotaxis without steering wheels or pedals. The NHTSA exemption allows up to 2,
ICE to Buy MarketAxess for $5.7 Billion in Push to Streamline Bond Trading
Intercontinental Exchange (ICE) is acquiring MarketAxess for $5.7 billion in cash, paying a 33% premium to build an all-in-one bond trading
TSX edges higher as energy and mining earnings lift futures
Canada's TSX futures edged up 0.3% early Thursday after Vermilion Energy and Kinross Gold reported stronger second-quarter profits. Oil and
Microsoft's Cloud Strength Drives Futures Higher Ahead of Key Economic Data
US stock futures edged higher on Thursday, led by a 9.4% premarket surge in Microsoft shares after strong cloud earnings. Traders are now fo
ING Targets Fee Income Growth Through Small Acquisitions, Not Mega Deals
ING is focusing on small acquisitions like its private wealth moves in Spain and Poland to grow fee income. The Dutch bank aims for fees to