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JPMorgan Hikes Taiex Bull-Case Target to 50,000 on AI Buildout

15 May 2026 at 02:17
JPMorgan Chase & Co. raised its targets for Taiwanese stocks for the second time in less than a month, recommending the market as “the most pure-play exposure to the global AI buildout.”

JPMorgan Chase & Co. signage outside an office building in New York, US, on Thursday, April 9, 2026. JPMorgan Chase & Co. is scheduled to release earnings figures on April 14.

Geothermal Firm Fervo Soars 35% After $1.89 Billion IPO

13 May 2026 at 17:13
Fervo Energy Co. shares jumped 35% in their trading debut after the geothermal energy developer raised $1.89 billion in an upsized US initial public offering.

Fervo Energy Co. signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, May 13, 2026. Fervo Energy Co., a geothermal energy developer, raised $1.89 billion in a US initial public offering that priced above the marketed range, after upsizing the deal earlier this week.
  • ✇Bloomberg Markets
  • Gilts, Sterling Correlation Underscores UK Vulnerabilities
    Keir Starmer’s government vowed to protect the UK against external and economic threats in a King’s Speech that majored on security even as the prime minister faces a potential challenge to his own leadership. Jane Foley, Head of FX Strategy at RaboBank, explains how the UK's political uncertainty is impacting the currency market, following King Charles' address to parliament. (Source: Bloomberg)
     

Gilts, Sterling Correlation Underscores UK Vulnerabilities

13 May 2026 at 16:25
Keir Starmer’s government vowed to protect the UK against external and economic threats in a King’s Speech that majored on security even as the prime minister faces a potential challenge to his own leadership. Jane Foley, Head of FX Strategy at RaboBank, explains how the UK's political uncertainty is impacting the currency market, following King Charles' address to parliament. (Source: Bloomberg)

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