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Global Markets- Page 8

hormuz-bypass-routes-show-the-gulf’s-limits

Hormuz Bypass Routes Show The Gulf’s Limits

The war involving Iran has exposed a hard truth about global energy trade: there is no easy substitute for the Strait of Hormuz. As shipping through the waterway has been disrupted, attention has turned to pipelines and other possible export routes across
May 5, 2026
musk-merger-creates-massive-spacex-xai-powerhouse

Musk merger creates massive SpaceX-xAI powerhouse

Strategic tie-up reshapes Musk’s tech empire Elon Musk’s decision to merge SpaceX and xAI has created one of the largest and most valuable private companies in the world, a move analysts say blends enormous growth potential with meaningful financial and execution risks
May 5, 2026
tech-sell-off-pushes-s&p-500-lower-as-amd-slumps

Tech Sell-Off Pushes S&P 500 Lower as AMD Slumps

U.S. equities moved lower on Wednesday as selling pressure intensified across technology stocks, dragging major indexes down. Weakness in semiconductors, led by a sharp drop in Advanced Micro Devices, reinforced a broader risk-off mood in markets already grappling with rotation away from
May 5, 2026
laura-fernández-wins-costa-rica-presidency

Laura Fernández Wins Costa Rica Presidency

Conservative populist Laura Fernández secured a decisive first-round victory in Costa Rica’s presidential election, signaling continuity with the confrontational political shift launched by outgoing President Rodrigo Chaves. Preliminary results show Fernández winning outright in a crowded field, avoiding a runoff and reinforcing
May 5, 2026
software-stocks-sink-as-ai-fears-fuel-sector-sell-off

Software stocks sink as AI fears fuel sector sell-off

Software sector enters bear market territory Software stocks extended their sharp decline on Thursday as investors deepened their retreat from the sector, driven by growing concerns that rapid advances in artificial intelligence could disrupt long-standing business models. The iShares Expanded Tech-Software Sector
May 5, 2026
gold-tops-$5,000-as-investors-rush-to-safe-havens

Gold tops $5,000 as investors rush to safe havens

Historic milestone for precious metals The price of gold has surged above $5,000 per ounce for the first time in history, extending a powerful rally after the metal gained more than 60% during 2025. The latest move comes amid heightened geopolitical and
May 5, 2026
uk-approves-china-mega-embassy-near-london-financial-hub

UK approves China mega embassy near London financial hub

Government grants approval after years of delays Britain’s government has approved plans for China to build a large new embassy complex close to London’s financial district, ending years of political and security debate. The project at Royal Mint Court would become China’s
May 5, 2026
stellantis-struggles-five-years-after-landmark-merger

Stellantis struggles five years after landmark merger

Shares lag despite early post-merger gains Five years after the creation of Stellantis through the $52 billion merger of Fiat Chrysler and France’s Groupe PSA, the automaker’s performance has fallen short of early investor expectations. U.S.-listed shares are down roughly 43% since
May 5, 2026
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