Eli Lilly and Novo Nordisk both beat Q2 estimates and raised outlooks, but Wall Street rewarded Lilly while punishing Novo over pipeline and market share concerns in the $100B+ obesity drug sector.
Imax shares surged over 8% after "The Odyssey" generated $52 million globally, easing investor fears about 2026 box office targets. The company remains on track for a record $1.4 billion this year, driven by strong film performance and global system installations.
The Philippines attracted only US$9 billion in FDI last year, ranking sixth in Southeast Asia amid a regional capital boom. Analysts cite a corruption scandal and systemic issues for the gap, with Singapore and Indonesia leading inflows.
Blue Origin, founded by Jeff Bezos, is seeking its first outside investment of $10 billion at a $130 billion pre-money valuation to accelerate growth and compete with SpaceX. CEO Dave Limp stated the fundraising reflects investor confidence in the company's long-term plans.
Strategy's sale of $216 million in Bitcoin is viewed positively by analysts, seen as a move to strengthen its financial position and renew investor confidence in its STRC product. The sale boosted dollar reserves, covering 17 months of dividend payments and reducing forced-selling risks.
Dalal Street closed higher on Thursday, with Sensex and Nifty gaining nearly 1%. The rally was driven by a sharp rise in IT stocks and falling crude oil prices, supported by India-Japan strategic agreements.
Tencent, Alibaba, Meituan, and Xiaomi are initiating large share buy-back programs to counter low stock prices and investor skepticism. Analysts suggest the sector may be nearing a bottom, with companies using buy-backs and leadership appearances to restore market confidence.
Benchmark Indian equity indices, BSE Sensex and NSE Nifty, rebounded on Wednesday after two consecutive sessions of losses. The recovery was driven by positive global market trends and a decline in crude oil prices. Key companies like Eternal, Adani Enterprises, and Nestle India were among the top gainers.
US-based prediction market platform Kalshi is reportedly in talks to raise funds at a $40 billion valuation, nearly doubling its May valuation. The company's value could increase eightfold in less than a year, amid surging investor interest in prediction markets.
UK's chief climate adviser, Nigel Topping, warns that weakening net zero policies would damage the economy and investor confidence. The CCC report highlights progress in renewables and EVs but lags in heat pump adoption, urging the next PM to maintain course and accelerate green transitions.
Indonesia's envoy Purbaya visited Beijing to boost investor confidence ahead of a panda bond sale. Chinese companies expressed concerns over stringent regulations, over-enforcement, and corruption, while also worrying about Indonesia's fiscal situation. Purbaya assured them of sound economic fundamentals.
Despite weak Nifty 50 returns (0.8% CAGR in INR, -3.2% in USD over two years) and $36 billion in FPI outflows in FY25-26, Indian retail investors sustained SIP investments, with May 2026 seeing a 48% YoY rise to ₹310 billion, driven by favorable tax and policy support.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
Indonesia's Corruption Eradication Commission (KPK) arrested eight high-ranking immigration officials, including Deputy Minister Silmy Karim, for allegedly extorting over $8 million from foreigners seeking permits between 2022 and 2026. Nine visa agents were also detained.
SoftBank Group has surpassed Toyota as Japan's most valuable company, driven by significant investments in AI, particularly OpenAI. SoftBank's market valuation reached $305 billion after a 14% stock surge, while Toyota's fell to $288 billion.
Philippine Senator Jose 'Jinggoy' Estrada charged with plunder and violating anti-corruption laws in infrastructure scandal
Home Depot's comparable store sales matched Lowe's at 0.6% in fiscal Q1, a turnaround that has boosted investor confidence. Analysts predict continued parity, with Home Depot expected to outperform later. Acquisitions are key to Home Depot's Pro business growth.
Bitcoin fell below $80,000 after failing to break $82,000, triggering $400M in liquidations. Strategy's aggressive buying and rising US bond yields support Bitcoin's potential recovery, while a US-Iran deal could boost risk appetite.
Chinese businesses in Indonesia are facing investment challenges due to tax hikes, forex retention rules, and project suspensions. The China Chamber of Commerce in Indonesia has raised concerns about opaque law enforcement and blocked appeal channels, urging Indonesia to improve its business environment.
Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.
Coinbase, the largest US-based exchange, ended a difficult first quarter with a fresh test of investor confidence after the crypto exchange missed Wall Street estimates by reporting another quarterly loss, and later suffered a service disruption tied to an Amazon Web Services (AWS) outage. The sequence gave investors a sharp reminder of the company’s two […] The post Coinbase went down for over 5 hours after missing earnings. Bulls still see a path to $300 billion by 2030 appeared first on CryptoSlate.
Improving investor confidence supports Bitcoin’s hold on $80,000, as the Crypto Fear and Greed Index exited the “Extreme Fear” zone and now reads “neutral.” Are the bulls back in control?
Lobbyist Tara Singh says stripping projects of subsidy contracts would undermine investor confidence in UKBritain could be beset by levels of economic chaos last seen under Liz Truss if a Reform UK government were to fulfil its promise to strip renewable energy projects of subsidy contracts, according to the industry’s chief lobbyist.The anti-renewables policy put forward by Nigel Farage’s populist party would severely undermine investor confidence in the energy industry and across the wider UK economy, the new chief executive of RenewableUK said. Continue reading...
The Indian government is reviving the strategic sale of its 45.5% stake in IDBI Bank along with LIC's 49.2% holding, a month after two bids were rejected for being below reserve price. A fresh valuation exercise is underway given the bank's small free float making price discovery difficult. The Centre aims to expedite the process to maintain global investor trust and meet its Rs 80,000 crore disinvestment target, while addressing bidder concerns about pension burden and continued government stake.
