Israel’s Lebanon Offensive Delays Talks as Tech Inflows Lift US Stocks

<p>Talks were delayed as Israel stepped up strikes in Lebanon, complicating diplomacy and keeping regional risk premiums elevated. Despite the geopolitical setback, investors poured money into US equities, recording a weekly inflow high as demand for technology names picked up momentum following SpaceX’s blockbuster IPO. Prosus NV said core earnings could rise as much as […]</p>

Talks were delayed as Israel stepped up strikes in Lebanon, complicating diplomacy and keeping regional risk premiums elevated.

Despite the geopolitical setback, investors poured money into US equities, recording a weekly inflow high as demand for technology names picked up momentum following SpaceX’s blockbuster IPO.

Prosus NV said core earnings could rise as much as 28% for the year ended March 31, buoyed by growth in its e‑commerce operations and a higher valuation of its stake in China’s Tencent.

Market action was muted in the region: European and Japanese equities traded near flat while Chinese markets were closed. US futures pointed to an about 0.5% weaker open and Brent crude traded around $80 a barrel.


Clear insights on Brazilian equities

Join portfolio managers and investors who get our curated analysis on Latin America’s largest economy.

Advertisement