Strategy's stock price rallied over 50% in the past month. Bitcoin is trading above $80,000. Bitcoin spot ETFs have pulled in $827 million so far in May.
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Earnings season revs up the next few days as investors will hear from big companies including Advanced Micro Devices, CoreWeave, Pfizer and McDonald's. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
Oil prices rose sharply and major stock indexes fell as military tensions escalated in the Strait of Hormuz. Fighting in the Iran war flared for the first time in weeks, and strikes on a crucial United Arab Emirates oil port and several ships tested a shaky cease-fire. Futures for Brent crude, the international benchmark, rose 6% to about $114 a barrel.
Over the past six months, Champion Homes has been a great trade, beating the S&P 500 by 9.2%. Its stock price has climbed to $76.89, representing a healthy 15.6% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
(Bloomberg) -- Oil steadied after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle East following fresh clashes between the US and Iran. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on R
The start-up chipmaker has an impressive customer list that includes Amazon, Meta Platforms, and ChatGPT parent OpenAI.
Over the past six months, Dell has been a great trade, beating the S&P 500 by 30%. Its stock price has climbed to $211.05, representing a healthy 36.5% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Over the past six months, STERIS’s stock price fell to $214.47. Shareholders have lost 11.3% of their capital, which is disappointing considering the S&P 500 has climbed by 6.4%. This may have investors wondering how to approach the situation.
(Bloomberg) -- Google parent company Alphabet Inc. has kicked off the sale of a six-part debt sale in euros, according to a person familiar with the matter who asked not to be identified.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanction
EchoStar has been on fire lately. In the past six months alone, the company’s stock price has rocketed 67.6%, reaching $123.16 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
The 30-year US Treasury yield exceeded 5%, nearing an 18-year high as the US-Iran war continues to fuel inflation fears.
Communications chips maker Qorvo (NASDAQ: QRVO) will be reporting results this Tuesday after market close. Here’s what to expect.
Apple’s Q2 earnings report gave Wall Street a lot to like. Bank of America analysts were all praise for the Cupertino giant’s performance, giving them enough confidence to raise their price target to $330 (18% higher than current prices), while keeping a buy rating. Q2 was another massive ...
Tesla CEO Elon Musk has projected confidence that the European Union will soon green-light the carmaker's "Full Self-Driving" (FSD) system, but emails from some European regulators show marked skepticism toward the technology and its stated safety benefits. Tesla's "FSD (Supervised)" technology got the nod from Dutch road regulator RDW in April. RDW is now seeking EU approval for FSD, with a key committee hearing scheduled for Tuesday.
The board chairman of Samsung Electronics has urged unionised workers to resolve pay disputes with management, warning that a planned strike could hurt investors and employees and have "serious consequences" for the Korean economy. In an internal memo to employees on Tuesday, Shin Je-yoon said he was "worried about losing market leadership amid fleeing customers and falling competitiveness" if strikes disrupted deliveries and production, according to a Samsung statement. Such disruption at the chipmaker, South Korea's largest company by revenue, could trigger capital outflows, a drop in national tax revenue, and a weakening of the won currency, he said.
Wall Street rebounded and oil prices retreated early Tuesday despite an exchange of fire between the U.S. and Iran near the Strait of Hormuz. Nasdaq futures climbed 0.5%. Tensions in the Middle East escalated when the United Arab Emirates, a U.S. ally, said it came under attack from Iran for the first time since the ceasefire last month.
Palantir's first quarter was nothing short of astounding. But does it live up to its sky-high valuation?
Apple has held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices, Bloomberg News reported on Monday, citing people familiar with the deliberations. Apple executives have made visits to a Samsung plant under development in Texas and, separately, also held preliminary talks with Intel about enlisting the company's chipmaking services, Bloomberg reported. While the move would offer Apple a secondary option beyond its longtime partner Taiwan Semiconductor Manufacturing Co, the iPhone-maker is also concerned about using non-TSMC technology, the report said, citing worries about reliability and scale.
(Bloomberg) -- Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Gi
For decades, McDonald's has set the standard for kids' meals in the fast-food industry, and despite repeated efforts, competitors have struggled to replicate its success. The Happy Meal is more than just a bundle offering; it is a global brand asset. Through strategic partnerships with recognized ...
V2X (NYSE:VVX) executives highlighted double-digit growth, record bookings, and a higher full-year outlook during the company’s first-quarter 2026 earnings call, pointing to continued demand across its portfolio of mission support, aerospace, and training capabilities. First-quarter results show re
Pinterest (NYSE:PINS) reported stronger-than-expected first-quarter 2026 results and emphasized ongoing efforts to translate growing engagement into more consistent monetization, driven by AI-powered product improvements, measurement upgrades, and changes to its go-to-market organization. Q1 result
By Rae Wee SINGAPORE, May 5 (Reuters) - Stocks in Asia slid on Tuesday while oil prices eased but remained well above $100 a barrel, as the U.S. and Iran continue to work towards a truce while at the
(Bloomberg) -- Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz.Most Read from BloombergChina's Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells Chi
(Bloomberg) -- Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells Chi
IREN Ltd. (NASDAQ:IREN) is one of the 10 Stocks Exploding in a Bleeding Market. IREN extended its winning streak to a third straight day on Monday, jumping 8.37 percent to finish at $49.48 apiece, as investors resumed buying positions ahead of the results of its earnings performance. In a notice to investors, IREN Ltd. (NASDAQ:IREN) […]
Fabrinet (NYSE:FN) reported record fiscal third-quarter results as management pointed to accelerating demand across parts of its optical and non-optical portfolio, while also flagging component shortages that limited Datacom shipments. Quarterly results topped guidance as growth accelerated Chairma
Grab (NASDAQ:GRAB) opened 2026 with what management described as a strong first quarter despite typical seasonal softness tied to Ramadan and Chinese New Year, pointing to accelerating on-demand growth, continued profitability improvements, and expanding use of artificial intelligence across its pla
BWX Technologies (NYSE:BWXT) reported what President and CEO Rex Geveden called “a great start to 2026,” posting first-quarter results that came in ahead of management expectations and were supported by higher throughput, favorable pacing of work, and operational execution across business lines. Fi