Financial
Markets Diverge as Middle East Conflict Enters Eighth Week
NEW YORK — Global financial markets are showing divergent trends as the conflict in the Middle East enters its eighth week, with Wall Street equities recovering while oil price volatility continues to...
S&P 500 rebounds above pre-strike levels following U.S.-Iran air strikes
NEW YORK (AP) — The S&P 500 benchmark index recovered to a level above where it stood before the U.S.-Iran air strikes began, signaling a swift market rebound amid geopolitical tensions. The index cl...
BTIG Analyst Says Software Stocks Have Bottomed After 2026 Slump
NEW YORK (AP) — A leading market technician has signaled that software stocks may have reached a bottom following a challenging start to 2026, citing technical indicators that suggest a potential rebo...
Global Companies Delay IPOs, Cut Dividends Amid Middle East Conflict Fallout
LONDON, April 14 (Reuters) - A wave of major global corporations has delayed initial public offerings and slashed dividend payouts as the ongoing conflict in the Middle East disrupts supply chains and...
Markets Rally as Trump Says Iran Seeks Deal
NEW YORK — U.S. stock markets rebounded to pre-conflict levels on Monday following President Donald Trump's announcement that Iran has initiated contact to negotiate a resolution to ongoing tensions. ...
Dow Jones Surges on Inflation Data as Bloom Stock Rallies on Oracle Deal
NEW YORK (AP) — The Dow Jones Industrial Average climbed sharply Monday as investors reacted to unexpectedly favorable inflation data, while Bloom stock soared following the announcement of an expande...
Oracle Shares Rise on AI-Powered Primavera Unifier Updates
SAN FRANCISCO (AP) — Oracle shares climbed approximately 6% on Monday following the company's announcement of new artificial intelligence capabilities integrated into its Primavera Unifier project man...
Wise Shares Surge 4% on Strong Quarterly Results and Cross-Border Growth
LONDON (AP) — Shares of digital payments firm Wise rose approximately 4% on the London Stock Exchange Monday, driven by robust quarterly financial results that highlighted significant expansion in cro...
Financial Advisors Urge Caution Amid U.S.-Iran Conflict and Oil Volatility
NEW YORK — Prominent financial advisors Suze Orman and Keith Fitz-Gerald issued urgent warnings to investors on Monday regarding the destabilizing effects of the ongoing U.S.-Iran conflict and subsequ...
Disney lays off more than 1,000 employees in marketing consolidation
NEW YORK — Disney has laid off more than 1,000 employees across its media subsidiaries in a move to consolidate its marketing division, the company announced Monday. The workforce reduction, which ta...
Amazon to Acquire Globalstar in Move to Expand Satellite Connectivity
SEATTLE (AP) — Amazon announced Monday it has reached a definitive agreement to acquire Globalstar, a mobile satellite services provider, in a deal that is expected to significantly expand the tech gi...
Major U.S. Stocks Surge Early Tuesday Amid Sector-Wide Movement
NEW YORK — A diverse group of major U.S. corporations, spanning finance, technology, energy, and transportation, emerged as the most active stock market movers early Tuesday, signaling a broad shift i...
JPMorgan, Wells Fargo Earnings Beat Expectations, Lift U.S. Markets
NEW YORK — Major U.S. banks JPMorgan Chase and Wells Fargo reported first-quarter earnings that exceeded analyst expectations on Monday, sending shares higher and contributing to a potential rally acr...
Indian Retail Investors Defy Foreign Outflow in Market Divergence
NEW DELHI — A sharp divergence in investment sentiment emerged in India's financial markets this week as retail investors significantly increased their holdings while foreign institutional funds execu...
IMF Warns US-Israel Conflict with Iran Risks Global Recession
GENEVA — The International Monetary Fund issued a stark warning on Monday that a direct military conflict between the United States and Israel against Iran could push the global economy into recession...
Asian stocks rally on tech gains despite China trade data, U.S.-Iran tensions
TOKYO — Asian stock markets rallied broadly Monday as technology and semiconductor stocks surged, offsetting concerns over weaker-than-expected trade data from China and ongoing geopolitical tensions ...
US Stock Futures Rise as Rate Worries Ease Amid Mixed Economic Data
NEW YORK — U.S. stock market futures edged higher Monday as investor anxiety over interest rates diminished following a mix of economic data pointing to softer inflation and geopolitical developments ...
U.S. stocks poised for gains ahead of JPMorgan earnings
NEW YORK — U.S. stock indexes are set to rise back near record highs Monday as earnings season intensifies with major financial results on tap. The Dow Jones Industrial Average, S&P 500, and Nasdaq C...
Wall Street Rallies on Middle East Optimism, Strong Earnings
NEW YORK — U.S. stock markets closed higher on Monday, rebounding from a volatile session as investors responded to renewed optimism regarding Middle East peace negotiations and robust first-quarter c...
Oil Prices Dip Below $100 as Market Awaits Further Negotiations
NEW YORK — Crude oil prices fell below the $100 per barrel mark on Monday as investors reacted to renewed optimism regarding potential diplomatic talks. The decline in energy costs contributed to a mi...
Cramer: Low Rates, Not War Fears, Fueling Market Resilience
NEW YORK — CNBC host Jim Cramer stated on Sunday that the resilience of U.S. stock markets amid escalating fears of an Iran conflict is being driven primarily by low interest rates rather than geopoli...
IEA estimates Russia doubled oil exports in March
PARIS (Reuters) - Russia doubled its crude oil exports in March, reaching a significant increase in global supply, the International Energy Agency said on Tuesday. The IEA's latest assessment indicat...
Grab Shares Rise on New AI Product Launch
SINGAPORE — Grab Holdings Inc. extended its stock market gains on Sunday following the launch of a suite of new artificial intelligence products designed to serve consumers, businesses, and drivers ac...
S&P 500 futures steady despite U.S.-Iran peace talks breakdown
NEW YORK — S&P 500 futures remained near flat on Sunday evening as Wall Street shrugged off a breakdown in peace talks between the United States and Iran, erasing earlier losses attributed to escalati...
Market Analysts Coram and Nielsen Review Monday Trading Session
NEW YORK — Financial analysts Alissa Coram and Justin Nielsen provided a comprehensive review of Monday’s trading activity, identifying key equities poised for movement as investors navigate a volatil...
BlackRock Upgrades U.S. Stock Outlook to Overweight Amid Ceasefire Hopes
NEW YORK — BlackRock, the world's largest asset manager, raised its outlook for U.S. stocks from neutral to overweight in its weekly market note released Sunday, signaling renewed confidence in the Am...
Iran Oil Minister Announces Revenue Allocation for Industrial Rebuilding
TEHRAN, April 14 (AP) — Iran's Oil Minister announced Monday that the nation's oil sales over the past two months have met expectations, with a portion of the generated revenue earmarked for the recon...
Nasdaq extends winning streak as U.S. stocks rally despite geopolitical tensions
NEW YORK (AP) — The Nasdaq Composite extended its longest daily winning streak since 2023 on Sunday, rising 1.2% to close at 23,183, as U.S. investors prioritized corporate earnings over escalating ge...
Goldman Sachs Warns AI Disruption Risks to Growth Stocks
NEW YORK — Goldman Sachs and other Wall Street analysts issued stark warnings on Sunday that investor fears surrounding artificial intelligence disruption could depress growth stocks and software comp...
BofA Securities Maintains Buy Rating on Goldman Sachs After Mixed Q1 2026 Results
NEW YORK (AP) — Bank of America Securities reiterated its Buy rating and $1,100 price target on Goldman Sachs Group Inc. stock on Monday, following the investment bank's first-quarter 2026 earnings re...