Financial
Ackman's Pershing Square to Launch Dual IPO on NYSE, Aiming for $5 Billion Raise
NEW YORK — Bill Ackman’s Pershing Square Holdings is set to execute a dual initial public offering on the New York Stock Exchange, targeting a capital raise of $5 billion. The move marks a significant...
Alphabet Reports Q1 Earnings Growth Driven by Cloud and AI Expansion
SAN FRANCISCO — Alphabet Inc. is poised to report first-quarter earnings on Tuesday that are expected to reflect continued revenue growth, fueled by expansion in its cloud computing division and artif...
Qualcomm to Report Q2 Earnings Amid Smartphone Market Slump
SAN DIEGO (AP) — Qualcomm Inc. is set to report its second-quarter earnings after the market closes Wednesday, as the semiconductor giant navigates a challenging landscape defined by a declining smart...
Market Focus Shifts to Fed Policy and Tech Earnings Amid Geopolitical Tensions
NEW YORK — U.S. stock markets faced a pivotal day of trading on Tuesday as investors weighed Federal Reserve Chair Jerome Powell's final scheduled meeting against a wave of earnings reports from the n...
Germany Unemployment Hits 6.4%, Highest Since Pandemic
BERLIN (AP) — Germany's unemployment rate climbed to 6.4% in the latest reporting period, marking the highest level recorded since the peak of the COVID-19 pandemic. The figure, released Thursday, sig...
Eurozone Inflation Hits 3% as Economy Stagnates, Marking Return to Stagflation
BRUSSELS (AP) — The Eurozone has officially re-entered a period of stagflation for the first time since 2023, with inflation reaching 3% in April and first-quarter economic growth stalling at 0.1%. Th...
UK Government Announces £25 Million Security Boost for Jewish Communities
LONDON (April 30, 2026) — The Starmer Government announced Wednesday an additional £25 million in security funding for Jewish communities across the United Kingdom, a move directly linked to the recen...
Cramer Outlines Key Market Watch List Ahead of Fed Meeting and Earnings
NEW YORK (AP) — CNBC’s Jim Cramer released his top 10 market watch list Wednesday, April 29, 2026, as investors brace for a pivotal week featuring major earnings reports and a Federal Reserve policy m...
Celsius and Dutch Bros Face Off in 2026 Beverage Sector Analysis
NEW YORK (AP) — Investors are weighing the divergent paths of two leading beverage growth stocks, Celsius Holdings and Dutch Bros, as market analysts assess their performance and future prospects in t...
US 30-Year Treasury Yield Surges Back to 5%, Raising Market Concerns
WASHINGTON (AP) — The yield on the U.S. 30-year Treasury bond climbed back to 5% on Tuesday, re-entering a threshold widely viewed as a danger zone for global financial markets and sending shockwaves ...
Technical Analysts Scrutinize Dow as Major Indices Hit Record Highs Amid Economic Concerns
NEW YORK (Reuters) - Technical analysts are intensifying their focus on the Dow Jones Industrial Average to gauge the sustainability of the current stock market rally, even as the S&P 500 and Nasdaq C...
Micron stock rises on AI memory demand outlook
BOYDTON, Va. (AP) — Micron Technology Inc. shares climbed Monday as investors responded to growing optimism surrounding artificial intelligence-driven demand for memory chips. The stock price increase...
U.S. Gas Prices Hit $4.30 Per Gallon, Highest Since 2022
WASHINGTON — The average price for a gallon of regular gasoline across the United States has climbed to $4.30, marking the highest national average since July 2022. The surge, recorded late Thursday, ...
USGS Estimates 2.3 Million Metric Tons of Undiscovered Lithium in Appalachian Region
WASHINGTON (AP) — The Appalachian region of the eastern United States contains an estimated 2.3 million metric tons of undiscovered, economically recoverable lithium, according to a new assessment rel...
Spirit Airlines Rescue Financing Talks Stall
WASHINGTON — Negotiations between Spirit Airlines and U.S. officials regarding a potential $500 million rescue financing package have stalled, casting uncertainty over the budget carrier's immediate f...
TotalEnergies Acquires 50% Stake in EPH Power Platform to Form TTEP Joint Venture
PARIS — TotalEnergies completed the acquisition of a 50% stake in Enel Power Holding's flexible power generation platform on Tuesday, establishing a new joint venture named TTEP. The deal, finalized o...
TSMC Completes Exit From Arm Holdings With $231 Million Sale
TAIPEI (AP) — Taiwan Semiconductor Manufacturing Co. (TSMC) has sold its entire remaining stake in Arm Holdings, finalizing a complete exit from the chip design firm for $231 million. The transaction...
Asian Markets Mixed as Geopolitical Tensions and Policy Decisions Weigh on Sentiment
Asian stock markets traded mixed on Tuesday as investors weighed escalating U.S.-Iran tensions, cautious Federal Reserve policy signals, and robust inflation data from Australia. The volatility unders...
Global Stocks Retreat Amid Iran Tensions and AI Sector Concerns Ahead of Fed Decision
NEW YORK — Global stock markets retreated Tuesday as investors weighed escalating geopolitical tensions in the Middle East against uncertainty surrounding the artificial intelligence sector, with atte...
Omnicell Shares Surge 21% on Strong Quarterly Earnings Beat
SAN FRANCISCO — Omnicell Inc. shares climbed nearly 21% on Tuesday following the release of quarterly earnings that significantly exceeded analyst expectations. The healthcare automation company repor...
Erasca Shares Plunge 48% Following Patient Death in Clinical Trial
NEW YORK — Erasca Inc. (NASDAQ: ERAS) shares tumbled 48% on Monday after the biotechnology company disclosed a patient death linked to pneumonitis during its ERAS-0015 clinical trial. The disclosure, ...
Iren Shares Drop 8% on Bernstein Price-Target Cut, AI Spending Concerns
NEW YORK — Shares of Iren (IREN) fell 8.11% to close at $44.44 on Monday, following a downgrade in price targets by Bernstein analysts and renewed investor apprehension regarding the stability of arti...
Packaging Stocks Rise After Smurfit Westrock Price Hike
LONDON (AP) — Shares in major packaging companies climbed Monday following a price increase announcement by industry leader Smurfit Westrock, signaling a potential shift in market dynamics for the glo...
Oracle Shares Drop on OpenAI Concerns, Musk Lawsuit
SAN FRANCISCO (AP) — Oracle shares fell sharply Monday as investors reacted to reports that artificial intelligence partner OpenAI missed internal performance targets and faces a lawsuit from Tesla CE...
Iranian Parliament Spokesman Claims Oil Sold at Double Contracted Price
TEHRAN, April 29 (AP) — Iran is selling its crude oil at twice the contracted price, a spokesman for the Iranian Parliament's Planning and Budget Committee announced Wednesday, citing the move as evid...
UAE Exits OPEC as Tech Stocks Slide on OpenAI Miss
DUBAI — United Arab Emirates announced its departure from the Organization of the Petroleum Exporting Countries on Monday, a move that sent shockwaves through global energy markets even as U.S. stocks...
Indian Fashion and Garment Firms Eye IPOs Amid Global Economic Uncertainty
NEW DELHI — Major Indian fashion companies, garment exporters, and jewellers are preparing to launch initial public offerings on the Indian stock market, betting on sector growth despite prevailing gl...
Taiwan Stock Market Hits Historic 40,000-Point High for Second Day
TAIPEI — Taiwan's stock market reached a historic milestone on Monday, closing above the 40,000-point mark for the second consecutive day, driven by robust gains in the technology sector. The Taiwan ...
Tech Stocks Mixed as Nvidia Hits $5 Trillion, OpenAI Misses Targets
NEW YORK — U.S. stock market futures remained flat Monday as investors digested a week of record closes and divergent performance across the technology sector. Nvidia Corp. surpassed a $5 trillion mar...
Morgan Stanley Identifies Top Stock Picks Amid Q1 Earnings Season
NEW YORK — Morgan Stanley has released its latest list of best-positioned stocks as the first-quarter earnings season unfolds across the United States. The investment bank's strategic outlook, issued ...