Financial
CLS Shares Plunge 15% Despite Earnings Beat
NEW YORK (AP) — Shares of CLS tumbled 15% on Monday, erasing gains from a strong quarterly earnings report that exceeded analyst expectations. The sharp decline occurred during midday trading on the U...
TotalEnergies Resumes Operations at SATORP Refinery in Saudi Arabia
RIYADH — TotalEnergies announced on Tuesday that the SATORP refinery in Saudi Arabia has resumed full operations, marking the end of a period of suspended activity at the facility. The French energy m...
Saudi Aramco suspends LPG shipments following facility damage
RIYADH — Saudi Aramco announced Wednesday it will suspend liquefied petroleum gas shipments next month after damage to its primary export facility interrupted fuel supplies. The suspension, set to beg...
Tech Leaders Navigate New Ventures Amidst Industry Shifts
SAN FRANCISCO — A series of major developments in the technology and finance sectors unfolded Monday as industry leaders announced new initiatives and renewed public disputes. Elon Musk escalated his ...
U.S. Stock Market Posts V-Shaped Recovery Amid Iran War Peace Hopes
NEW YORK — U.S. stock markets staged a sharp V-shaped recovery on Monday, mirroring the momentum of the 2025 rally as investors pivoted toward positive earnings revisions and optimism surrounding a po...
Pawn Shop Surge Signals Economic Strain Across U.S. Suburbs
STOUGHTON, Mass. (AP) — Pawn shops across the United States are reporting a sharp increase in customer activity, a trend economists are identifying as a potential early warning sign of a weakening eco...
US Stocks Hit Records as Australian Market Slips Ahead of Inflation Data
NEW YORK — United States stock indices reached record highs on Monday as investors shrugged off geopolitical tensions, while the Australian share market lost ground ahead of key inflation data and the...
U.S. Treasury Announces New Sanctions on Iran
WASHINGTON — The U.S. Department of the Treasury announced on Monday the imposition of new sanctions targeting Iran, marking a significant escalation in economic pressure on the nation. The move, deta...
South Korea Overtakes UK to Rank Eighth Globally in Stock Market Value
SEOUL (AP) — South Korea has surpassed the United Kingdom to become the world's eighth-largest stock market, driven by a surge in its artificial intelligence-linked technology sector. The milestone wa...
Microsoft Shares Rise After New Deal with OpenAI Caps Revenue Sharing
Microsoft shares recovered modest losses Monday after the technology giant reached a new agreement with artificial intelligence startup OpenAI, ending months of uncertainty over their partnership. Th...
Americans' Financial Outlook Hits 25-Year Low, Gallup Data Shows
WASHINGTON (AP) — The number of Americans who believe their financial situation is deteriorating has reached its highest level in 25 years, according to new data released Monday by Gallup. The survey ...
Critical Metals to Acquire European Lithium in $835 Million Deal
LONDON — Critical Metals Corp. (CRML) announced on Sunday that it has reached an agreement to acquire European Lithium in an $835 million all-share transaction, marking a significant consolidation in ...
Sun Pharma to Acquire Organon in All-Cash Deal
MUMBAI -- Sun Pharmaceutical Industries Ltd. announced on Sunday it has agreed to acquire U.S.-based Organon & Co. in an all-cash transaction, marking one of the largest cross-border mergers in the ph...
U.S. Markets Rally Slows as Iran Conflict Closes Strait of Hormuz
NEW YORK — The U.S. stock market's record-breaking rally stalled on Sunday as escalating tensions in the Middle East drove oil prices higher and cast uncertainty over global trade routes. The S&P 500,...
U.S. Stock Indexes Hit Record Highs Amid Earnings and Fed Watch
NEW YORK (AP) — Two of the three major U.S. stock indexes reached new all-time highs on Monday as investors weighed strong corporate earnings against geopolitical tensions and elevated energy costs. T...
Investment Debate: Should U.S. Portfolios Include International Markets?
NEW YORK (AP) — The question of whether U.S. investors should allocate capital to international markets has emerged as a central debate among financial analysts, with divergent views on the necessity ...
Global Stocks Hit Records as Gold Retreats Amid Fragile US-Iran Ceasefire
LONDON — Global stock markets surged to new record highs on Sunday, defying rising oil prices and long-term interest rates, while gold and silver prices retreated after recovering earlier losses. The ...
High Court Approves Wise's Move of Primary Listing to U.S.
LONDON — A High Court judge has approved plans for the financial technology company Wise to move its primary stock market listing from the United Kingdom to the United States, marking a significant sh...
POET Technologies Shares Fall After Marvell Order Loss
SAN FRANCISCO — Shares of POET Technologies tumbled on Monday following the announcement that the company lost significant orders from semiconductor giant Marvell, a key client in its supply chain. Th...
Jakab Warns Investors Against AI Stock Greed in WSJ Analysis
NEW YORK — Wall Street Journal technology columnist Spencer Jakab published an analysis on Sunday cautioning investors against excessive enthusiasm for artificial intelligence equities, urging a more ...
Dow Jones Slides on Geopolitical Tensions as Nvidia Approaches Record High
NEW YORK — The Dow Jones Industrial Average declined on Monday amid escalating geopolitical concerns involving the United States and Iran, while shares of Nvidia Corp. surged toward record highs in a ...
Barrons Covers Key Economic and Tech Developments Amid Market Scrutiny
NEW YORK — Barrons published a comprehensive analysis on Monday covering major developments in Big Tech earnings, Federal Reserve interest rates, geopolitical tensions in Iran, the nomination of Warsh...
Spectrum Security Emerges from Stealth with $19 Million Seed Funding
SAN FRANCISCO — Threat detection startup Spectrum Security emerged from stealth mode Monday, announcing $19 million in seed funding to accelerate engineering and go-to-market efforts for its automated...
Sri Lanka's COPF to Summon Finance Secretary Over $2.5 Million Treasury Cyber Fraud
COLOMBO — The Committee on Public Finance (COPF) is set to summon the Secretary of the Finance Ministry to address a $2.5 million cyber fraud incident involving the national Treasury. COPF Chairman M...
Protesters Gather Outside Finance Ministry Secretary's Home Over Cyber Fraud
COLOMBO, Sri Lanka — Supporters of the New Democratic Front, led by Sugeeshwara Bandara, staged a demonstration Monday morning outside the residence of the Finance Ministry Secretary in the Pelawatta ...
Qualcomm Shares Surge on OpenAI Partnership Rumors
SAN FRANCISCO (AP) — Qualcomm Inc. shares jumped more than 13% in premarket trading Sunday after news emerged that the chipmaker is partnering with OpenAI to develop new smartphone processors. The su...
Yardeni Research Sets S&P 500 Target at 7,700, Declares March Low as Market Bottom
NEW YORK — Yardeni Research on Sunday declared that the March 30 low marks the bottom for U.S. equity markets this year and reiterated a year-end S&P 500 target of 7,700. The investment research firm ...
Citi Research Sees Further Gains for European Oilfield Services Stocks
LONDON (April 27, 2026) — European oilfield services stocks are positioned for additional gains, with valuations still trailing historical averages and U.S. counterparts, Citi Research said Monday. T...
US Stock Futures Dip as Inflation Worries Weigh on Investor Sentiment
NEW YORK — U.S. stock futures edged lower on Sunday as investors grappled with persistent inflation concerns that continue to overshadow a resilient technology sector. The mixed performance across maj...
Dow Futures Dip as Oil Prices Rise in U.S. Markets
NEW YORK — U.S. stock market futures for the Dow Jones Industrial Average declined early Monday as crude oil prices climbed, signaling mixed sentiment ahead of the trading day. The Dow futures slippe...