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Market News
Latest financial news and analysis from global markets
INTC
Why Six Flags Stock Jumped Today
The regional resort leader's turnaround strategy is progressing.
NVDA
Why Six Flags Stock Jumped Today
The regional resort leader's turnaround strategy is progressing.
CL
Oil trades worth $7 billion were reportedly made before Trump Iran announcements
Investing.com -- Market participants placed trades worth up to $7 billion betting on falling oil prices during March and April, executing the positions across multiple exchanges just before U.S. President Donald Trump made major policy announcements regarding Iran.
CAT
OAG360 Past Prologue Series: Nation building is an energy business
(Oil & Gas 360) By Greg Barnett, MBA – (Part 3 of 6) – Energy Demand does not grow in […]
COIN
Coinbase posts second consecutive quarterly loss amid crypto slump
Coinbase reported Q1 earnings after market close on Thursday.
GS
Surveillance Firm Hawkeye 360 Up 31% After $416 Million IPO
(Bloomberg) -- Hawkeye 360 Inc. soared 31% after the provider of satellite-based signals intelligence for US government agencies raised $416 million in a US initial public offering priced at the top of a marketed range.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned Refiner
MS
Surveillance Firm Hawkeye 360 Up 31% After $416 Million IPO
(Bloomberg) -- Hawkeye 360 Inc. soared 31% after the provider of satellite-based signals intelligence for US government agencies raised $416 million in a US initial public offering priced at the top of a marketed range.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned Refiner
ABNB
Airbnb And Expedia Stocks Fall After Q1 Results. Here's How The Travel Sites Fared.
Airbnb stock and Expedia stock were each trading lower despite seeing faster growth in Q1 than investors had anticipated.
ABNB
Airbnb reports mixed results for Q1, raises full-year outlook
Airbnb Inc (NASDAQ:ABNB, XETRA:6Z1) shares slipped after Thursday’s closing bell after the company reported first quarter results that topped revenue expectations and upped its full-year forecast, but missed on earnings. For the quarter, Airbnb reported earnings of $0.26 per share, below the...
AAPL
Apple warns Canadian bill could force it to weaken device encryption
SAN FRANCISCO, May 7 (Reuters) - Apple has publicly opposed a Canadian bill that the company says could require it to break the encryption of its devices if passed. Bill C-22 was proposed by Canada's ruling Liberal Party, which gained a parliamentary majority last month and is currently being debated in the House of Commons.
MCD
Recent earnings signal strain on low-income consumers, expert says
<body><p>STORY: McDonald's was among the companies on Thursday that said higher gas prices linked to the Iran war were disproportionately hurting low‑income consumers, as the burger chain warned of a weak start to its second quarter.</p><p>"The lower end seems to be really struggling at this point," Buchanan said. "And this earnings season really has highlighted that. From Whirlpool to McDonald's, we've seen some of these names and corporations really communicate [that] in a very direct way."</p><p>"The tipping point is an inflection in labor," Buchanan continued. "If we have a labor blip where jobs aren't as plentiful... we really feel like there's a lot of stress that could emanate throughout our marketplace" that could pressure U.S. stock prices.</p></body>
PYPL
FCA Probe Tests PayPal’s UK Wallet Economics And Growth Narrative
The UK's Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard, and Visa over digital wallet funding and usage practices. The probe focuses on whether the companies' conduct may limit competition in the UK digital payments market. This action brings fresh regulatory attention to NasdaqGS:PYPL in one of its important international markets. PayPal, through its global digital payments platform, is closely linked to how consumers fund and use digital wallets...