Anlon Healthcare’s shares will trade ex-record date tomorrow for its 1:1 bonus issue and 1:5 stock split, making today the last chance for investors to buy for eligibility. The corporate actions aim to enhance liquidity and affordability. The company’s stock has seen significant gains since its IPO last year.Read More
Oil prices are rising again. Peace talks between Iran and the United States are stalled. Trade through the Strait of Hormuz remains restricted. Iran seized two ships in the strait. The US maintains its naval blockade. Analysts predict prices could stay high. Disruptions may push Brent prices even higher. The market faces ongoing uncertainty.Read More
Japan’s Nikkei share average surpassed 60,000 for the first time, initially boosted by technology stocks amid improved risk sentiment following a U.S.-Iran ceasefire extension. Despite choppy trade and early losses, the index touched a record high, though gains were concentrated in AI-related stocks, outperforming the broader market.Read More
IBM’s first-quarter revenue growth slowed to 9%, raising concerns about AI’s impact on its software business, particularly after a rival tool showed promise in modernizing COBOL. Despite this, infrastructure segment growth remained robust. IBM’s CFO highlighted that generative AI is actually accelerating mainframe adoption, suggesting a positive outlook for the company’s core offerings.Read More
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