Informa PLC is expected to reaffirm its financial guidance for 2026 at its upcoming June update, despite uncertainties caused by the Middle East conflict affecting its India, Middle East, and Africa events portfolio. The impact on events is hard to quantify due to ongoing regional instability, with most affected events scheduled for the fourth quarter. Citi expects limited new disclosures on this issue in the update. Meanwhile, a recent acquisition of an events business by private equity signals strong market valuations, suggesting Informa may prioritize share buybacks rather than new acquisitions for surplus cash. The company continues to monitor the situation cautiously until clearer insights emerge.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
