Deutsche Bank analyst upgrades Boeing stock to a Buy, raising the price target and expressing confidence that the 737-MAX issues are resolved. The stock rises in pre-market trading and reaches its highest level since September.
Lulu Retail Holdings is set to raise up to $1.43 billion in the UAE's largest IPO of the year, with shares priced between AED 1.94 and AED 2.04.
Boeing is set to raise over $15 billion in capital to bolster its finances amidst ongoing operational challenges and a prolonged strike affecting production.
Eli Lilly has received approval to launch its weight-loss drug, Mounjaro, in Hong Kong by the end of the year, marking a significant entry into the China region.
Oil prices fell nearly $4 a barrel as Israel's strikes on Iran avoided key oil and nuclear sites, easing market fears of supply disruptions.
As AMD prepares to release its Q3 earnings, analysts and investors are closely watching the company's performance and future guidance, particularly in the AI chip market.
This week, the stock market faces significant events including tech earnings, jobs data, and the U.S. election, which could impact market volatility and investor sentiment.
Oil prices are expected to fall as Israel's recent strikes on Iran avoided targeting oil infrastructure, easing geopolitical tensions and market uncertainties.
Google is developing an AI, code-named Project Jarvis, designed to take over web browsers to automate tasks like research and shopping. The AI will be powered by Google's upcoming Gemini large language model and is set to be previewed in December.
Eni and BP have resumed onshore drilling in Libya after a decade-long pause, marking a significant development in the region's energy sector.