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GameStop Launches $56 Billion Bid for eBay in Retail Power Play
GameStop proposes a $56 billion acquisition of eBay to merge physical retail with digital auctions, aiming to dominate the circular economy.
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Turkey Inflation Data Tempers US Fed Rate Cut Expectations
Higher-than-expected inflation in Turkey suggests persistent global price pressures, lowering the likelihood of a Fed rate cut by June 2026.
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Oil Surges Above $100 as Middle East Tensions Rattle Global Markets
Oil prices spike above $100 amid Strait of Hormuz disruptions, complicating ECB and Fed rate decisions with persistent inflation risks.
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ECB's Muller Warns of Inflation Acceleration Amid Middle East Conflict
ECB's Madis Muller expects inflation to accelerate due to Middle East tensions, potentially delaying rate cuts. Eurozone inflation expectations surge.
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U.S. GDP Surges 2% in Q1 2026, AI and Federal Spending Fuel Rebound
The US economy grew 2% in Q1 2026, driven by AI investment and government spending, surprising markets that had priced in sub-1% growth.
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SGX Tightens Disclosure Rules on Executive Pay and Dividends
Singapore Exchange proposes new disclosure rules to boost transparency and shareholder value by requiring companies to detail executive pay and dividend policies.
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Asian Stocks Edge Higher, Oil Steady Amid Middle East Tensions and Busy Earnings Week
Asian markets rose cautiously, oil prices stabilized, and the yen fluctuated as traders balanced geopolitical developments with earnings and central bank cues.
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Meta Stock Poised to Hit $740 by April 2026 Following Strong Q1 Earnings
Meta's Q1 2026 earnings beat expectations, driving prediction market odds to 100% for the stock hitting $740 by April 2026.