Transocean bids $5.8B for Valaris, boosting its rig fleet. Valaris shareholders question fair price.
Analysts say Japan’s election result strengthens the government’s ability to push fiscal stimulus, supporting growth and equities. Risks remain that higher debt could lift yields and weaken the yen, raising costs for firms.
The early resignation of France’s central bank chief is unlikely to change ECB policy, analysts say, citing rare consensus among rate setters. Markets expect rates to stay on hold unless major geopolitical or trade shocks emerge.
BoE policymaker Mann said US tariffs are lifting UK inflation as China raises export prices to Britain to offset costs. She said trade diversion has been limited and BoE forecasts now assume higher import prices from the US–China conflict.
Dow Transports dip 0.7%, while Nasdaq & SOX jump over 0.9% & 1.4% on strong gains.
Jump Trading gains equity in Polymarket ($11B valuation) & Kalshi ($9B) for liquidity. Risk: Jump faces a $4B lawsuit.
GT beats revenue but misses EPS badly. Margins up, but sales flat. Is it a buy?
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