Financial
FINRA Launches Financial Intelligence Fusion Center to Combat Cyber Threats
NEW YORK — The Financial Industry Regulatory Authority (FINRA) launched a Financial Intelligence Fusion Center on Thursday, establishing a centralized unit designed to combat escalating cybersecurity ...
Lockheed Martin awarded $4.7 billion Pentagon contract for Patriot missiles
WASHINGTON — Lockheed Martin Corp. has been awarded a $4.7 billion contract by the Pentagon to supply Patriot air defense missiles, a move aimed at replenishing critical stockpiles amid heightened glo...
US Stock Futures Dip as Investors Weigh Inflation Data Against Borrowing Costs
NEW YORK — U.S. stock futures edged lower Thursday as investors balanced fresh concerns over rising inflation against signs of easing pressure on borrowing costs. The mixed economic signals created un...
HDFC Bank Ordered to Refund Rs 38 Lakh in Cyber Fraud Case
NEW DELHI, April 10, 2026 — HDFC Bank was ordered on Thursday to refund Rs 38 lakh to a customer following a cyber fraud incident, marking a significant regulatory intervention in the financial sector...
US Inflation Surges to Two-Year High Amid Fuel Price Spike
WASHINGTON — Inflation in the United States accelerated to 3.3% year-over-year in March, marking the highest annual rate in two years, as escalating costs for energy products drove consumer prices upw...
US Department of War Approves $4.7 Billion PAC-3 Missile Sale
WASHINGTON — The U.S. Department of War approved a $4.7 billion contract on Thursday for the production of PAC-3 Missile Segment Enhancement interceptors under a foreign military sales program. The a...
TotalEnergies Shuts Units at SATORP Refinery Following Accidents
JUBAIL, Saudi Arabia (AP) — TotalEnergies has shut down multiple units at the SATORP Refinery in Jubail following a series of accidents that occurred overnight. The French energy major confirmed the o...
S&P 500 Reclaims 200-Day Moving Average, Signaling Market Recovery
NEW YORK (AP) — The S&P 500 index reclaimed its 200-day moving average on Thursday, marking a pivotal shift in market sentiment toward bulls after a prolonged period of uncertainty. The milestone was ...
TotalEnergies Halts Operations at Saudi Satorp Refinery Indefinitely
PARIS (AP) — TotalEnergies announced Thursday the indefinite shutdown of the Satorp refinery in Saudi Arabia following a series of recent strikes that have disrupted operations at the facility. The F...
Dow Futures Waver Ahead of Key Inflation Data
NEW YORK — U.S. stock index futures wavered Thursday morning as investors awaited the release of a critical inflation report that could dictate market direction for the coming quarter. The Dow Jones I...
Bank of America Identifies Top EDA Stocks Amid Rising Chip Complexity
NEW YORK — Bank of America has identified leading electronic design automation (EDA) stocks as a primary investment focus, citing surging demand driven by increasing semiconductor complexity. The inve...
Iran Banks to Resume Operations Nationwide Starting Sunday
TEHRAN — All bank branches across Iran will resume full operations beginning Sunday, marking the end of a temporary suspension of financial services, Tasnim News Agency reported Thursday. The announc...
TSMC Q1 Revenue Surges 35% Year-Over-Year, Beating Forecasts
TAIPEI, Taiwan (April 10, 2026) — Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 35% year-over-year increase in first-quarter revenue, surpassing market expectations on Friday. The world’s l...
Starmer Blames Global Leaders for UK Energy Bill Volatility
LONDON — Prime Minister Keir Starmer on Thursday expressed deep frustration over the persistent fluctuation of energy bills facing British households and businesses, attributing the instability to geo...
India's Financial Intelligence Unit Signs Pact with I4C to Combat Cyber Fraud
NEW DELHI — India's Financial Intelligence Unit (FIU-IND) and the International Association of Cybersecurity Professionals (I4C) signed a Memorandum of Understanding on Thursday to strengthen the nati...
Massive Fire Engulfs Olmeca Oil Refinery in Mexico
TABASCO, Mexico — A massive fire erupted at the Olmeca oil refinery in the southern Mexican state of Tabasco early Thursday, prompting emergency evacuations and a significant containment effort by loc...
Eos Energy Stock Surges on Record Shipments and Revenue Guidance
Eos Energy Enterprises shares climbed sharply on Wednesday following the company's announcement of preliminary revenue guidance and record battery shipments for the quarter. The surge in trading activ...
CoreWeave Shares Surge on $21 Billion AI Cloud Pact with Meta
SAN FRANCISCO (AP) — CoreWeave shares jumped Wednesday after the artificial intelligence cloud provider announced a $21 billion agreement to supply computing infrastructure to Meta, marking one of the...
Market Analysts Coram and Shreve Review Thursday Trading Session
NEW YORK — Market analysts Alissa Coram and Ken Shreve provided a comprehensive review of Thursday's trading activity, highlighting key equities and sector movements that defined the session's volatil...
Amazon Shares Jump on CEO's AI and Cloud Expansion Roadmap
SEATTLE — Amazon.com Inc. shares climbed sharply on Wednesday after the company's chief executive outlined an aggressive strategy to expand its artificial intelligence capabilities, cloud computing in...
Analyst Model Projects Nvidia Stock Valuation 400% Higher Than Current Levels
NEW YORK — A prominent quantitative model developed by financial analyst Danny Vena, CPA, indicates that shares of Nvidia Corp. are significantly undervalued, suggesting the technology giant's stock p...
Smith Issues FTSE 250 Picks Following Market Correction
LONDON — Investment analyst Jon Smith has released a new set of recommendations for the FTSE 250 index following a significant market correction, identifying one stock to purchase and another to avoid...
Russia's Mineral Tax Revenues Projected to Double Amid War and Oil Surge
MOSCOW — Russia's mineral extraction tax revenues are projected to double to approximately $9 billion in April, driven by surging global oil prices and the ongoing military conflict with Ukraine. The...
US Stock Benchmarks Stall Amid Uncertainty Over US-Iran Ceasefire
NEW YORK — U.S. stock benchmarks remained flat Wednesday as investors hesitated amid heightened uncertainty regarding a potential ceasefire between the United States and Iran. The Dow Jones Industria...
University of Zulia Workers Stage Protest Over Salary and Pension Demands
MARACAIBO, Venezuela (AP) — Workers at the University of Zulia gathered on Wednesday to protest, demanding an immediate increase in salaries and pensions amid ongoing economic pressures in the region....
Oil Prices Surge Near $100 as U.S.-Iran Ceasefire Deal Faces Skepticism
NEW YORK — Global oil prices climbed toward $100 a barrel on Wednesday as investors expressed deep skepticism over the durability of a newly announced ceasefire agreement between the United States and...
Small-Cap Tech ETF Hits Record High Amid Iran Truce
NEW YORK — The Invesco S&P SmallCap Information Technology ETF closed at a fresh all-time high on Wednesday, capitalizing on market relief following the announcement of a truce in Iran. The rally mark...
Brent Crude Plunges Below $95 Amid Iran Conflict Market Reaction
NEW YORK — Brent crude oil prices fell sharply on Wednesday, dropping from over $110 to under $95 per barrel as global markets reacted to escalating tensions surrounding the war in Iran. The steep de...
Russian Energy Tax Revenues Projected to Surge Amid Middle East Tensions
MOSCOW — Russian government tax revenues from oil and gas exports are projected to increase sharply in April, driven by a spike in global energy prices following escalating tensions in the Middle East...
Russia Oil Export Revenues Hit Weekly High Amid Middle East Conflict
MOSCOW — Russia's oil export revenues climbed to a weekly high of approximately $2.02 billion on Tuesday, driven by surging global oil prices linked to escalating tensions in the Middle East. The rev...