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Leidos (NYSE:LDOS) reported a stronger first quarter for fiscal 2026 and raised its full-year outlook, citing solid core execution, recent acquisitions and continued demand across defense, intelligence, health and energy infrastructure markets. Chief Executive Officer Tom Bell said first-quarter re
Centrus Energy (NYSE:LEU) reported higher first-quarter revenue and raised its full-year revenue outlook, citing commercial progress, improving offtake discussions and continued work on its uranium enrichment expansion program. On the company’s Q1 2026 earnings call, President and Chief Executive O
(Bloomberg) -- The outperformance by US equities driven by a narrow group of giant tech stocks is set to persist, according to Citigroup Inc. strategists. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in Twitter Stake CaseThe team l
The tech sector helped US stocks cruise to all-time highs last week, as the artificial intelligence boom broadened.
The tech sector helped US stocks cruise to all-time highs last week, as the artificial intelligence boom broadened.
The changes impact various import and export shipments, including packages traveling to and from the U.S., adding to cost pressures for parcel shippers.
Investing.com -- Oil prices surged on Monday after President Donald Trump rejected Iran’s latest response to a U.S. peace proposal as "totally unacceptable," pushing U.S. airline stocks lower in premarket trading as investors weighed the prospect of a prolonged supply disruption.
Microsoft Meta Platforms Alphabet and Amazon.com collectively plan capital spending of $725 billion this year, much of it on artificial-intelligence chips. But that is another good reason for TSMC to spend.
<body><p>STORY: :: This video contains flashing images</p><p>British pop star Dua Lipa has filed a lawsuit against Samsung Electronics.</p><p>She's seeking at least $15 million in damages...</p><p>and is accusing the South Korean tech giant of using her image without permission to market its television sets.</p><p>The lawsuit alleges that Samsung featured a copyrighted image of the pop star on the front of cardboard boxes containing televisions for retail sale...</p><p>enabling the company to benefit from what seemed like her endorsement of the product.</p><p>The suit was filed on Friday in the California federal court.</p><p>A spokesperson for Samsung Electronics declined to comment, saying it was unable to comment on pending litigation.</p><p>Dua Lipa's lawyers didn't immediately respond to a request for comment on the case.</p><p>Besides copyright and trademark infringement, Dua Lipa has accused Samsung Electronics of breaching publicity rights.</p><p>Lipa's lawyers have attached screenshots of social media postings and comments in the filing.</p><p>One of these screenshots shows a fan commenting that they would get the TV, quote, "just because Dua is on it."</p></body>
According to the plaintiffs, the company raised prices on some footwear by $5 to $10 and on certain apparel lines by $2 to $10 to offset those costs.
(Bloomberg) -- Amazon.com, Inc. is preparing to issue Swiss franc bonds for the first time, as Big Tech hyperscalers turn to new debt markets to fund artificial intelligence spending.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in
Treasury yields were higher. ING said Treasury yields could be breaking free from purely oil-driven dynamics and were also being pushed higher by evidence of a robust economy and strong corporate earnings.
(Bloomberg) -- JPMorgan Chase & Co. raised its target for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor cycle, corporate governance reforms and industrial-sector growth.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJud
(Bloomberg) -- The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, with President Donald Trump calling the Islamic Republic’s reply to his proposed peace plan unworkable.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Rev
loanDepot (NYSE:LDI) reported a wider adjusted loss for the first quarter of 2026 as lower gain-on-sale margins and interest rate volatility weighed on revenue, even as the mortgage lender said it continued to gain market share and invest in growth initiatives. Chief Executive Officer Anthony Hsieh
This week is peppered with potential market-moving events. Headlining are Tuesday’s inflation report, which will offer the latest glimpse of how the Iran war is affecting consumer prices, and President Trump’s long-awaited—and delayed—visit to China, with the war and tariffs likely to be central topics.
The U.S. economy added 115,000 jobs in April, the Labor Department said, far exceeding expectations. The unemployment rate stayed unchanged at 4.3%. The jobs report puts the Federal Reserve’s focus squarely on inflation data when it comes to determining its next move on interest rates.
Welcome to the great chip-stock melt-up of 2026. Intel is now up 239% this year. Sandisk shares have surged 558%. South Korea’s largest stock index has nearly doubled. And the S&P 500’s semiconductor companies have added roughly $3.
(Bloomberg) -- The oil market is in “a race against time” as the factors that combined to restrain price rises from the Iran war stand to come under strain if the Strait of Hormuz stays closed into June, according to Morgan Stanley.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan Resp
(Bloomberg) -- South Korea and Taiwan’s artificial intelligence-fueled chip booms are set to swell both economies’ current-account surpluses to fresh records and pressure their central banks to raise interest rates later this year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan Respo
Kosmos Energy (NYSE:KOS) said first-quarter production rose to a company record as the ramp-up of Greater Tortue Ahmeyim and new wells at Jubilee lifted volumes, while management said the company is ahead of schedule on its 2026 debt-reduction plans. Chairman and CEO Andy Inglis said Kosmos is maki
The move comes after Prosus sold around 4.5% of its stake in the German delivery company to Uber as part of remedies tied to its acquisition of Just Eat Takeaway.
Devon Energy (NYSE:DVN) stockholders approved two proposals tied to the company’s planned merger with Coterra Energy Inc. during a virtual-only special stockholders meeting, according to preliminary voting results announced at the meeting. John Bethancourt, chair of Devon Energy’s board of director
KKR & Co. Inc. (NYSE:KKR) reported higher first-quarter earnings and said fundraising, monetization activity and management fee growth remained strong despite market volatility, while management signaled that its prior $7-plus adjusted net income target for 2026 is now less likely to be reached
There are a bunch of space-themed ETFs, a mix of actively managed and index funds. But just one has access to SpaceX ahead of its eagerly awaited debut.
May 11 (Reuters) - Goldman Sachs has pushed back its forecast of U.S.
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