Victoria's Secret: The Turnaround Is Complete, And It Is Fully Priced In

Space Exploration Technologies (SPCX 6.72%), also known as SpaceX, was one of the most hotly anticipated IPOs of the year. But while the stock got off to a strong start, it is now trading about 30% off its highs and faces numerous future stock lock-up expirations that will release more shares into the market. Meanwhile, the…

Citi strengthened its position as one of the world’s leading Islamic finance institutions in 2025, combining scale, product expertise and international distribution capabilities to maintain its role at the centre of the global sukuk market. Building on more than four decades of experience in Islamic finance, the bank continued to invest in its franchise while…

Asian equities advanced after three days of losses as a selloff in chip stocks eased ahead of megacap tech earnings this week. The MSCI Asia Pacific Index rose 0.5%, with the Nikkei 225 Stock Average climbing 1.5% as trading resumed after a holiday Monday. Stocks in South Korea erased earlier losses to edge 0.2% higher….

OpenAI is reportedly developing a screenless smart speaker that could be released commercially as soon as 2027. It’s the company’s first-ever major hardware device. OpenAI’s speaker will be designed for home use. It’s battery-powered, so it can be carried from room to room, and it will include cameras, sensors, and mechanical elements, according to people…

The U.S.-Israel war on Iran transformed the Strait of Hormuz from a waterway where global shipping enjoyed free navigation to a virtual combat zone where safe passage depends on military might. Iran used missiles and drones to close off the strait at the start of the war, while demanding that anyone seeking to cross must…