Market News
Latest financial news and analysis from global markets
USDTUSD
Drift Provides Updated User Recovery Plan Following $290M North Korea Hack
Those awaiting a full recovery of their stolen funds continue to face an uncertain timeline.
USDCUSD
Drift Provides Updated User Recovery Plan Following $290M North Korea Hack
Those awaiting a full recovery of their stolen funds continue to face an uncertain timeline.
AMGN
How This Amgen Rival, Up 33%, Plans To Shake Its Grip In Thyroid Eye Disease
Viridian Therapeutics unveiled solid results Tuesday for its experimental eye disease treatment, a potential rival to Amgen.
CRM
Freshworks to cut 11% jobs as AI reshapes software sector
Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples with an industry being reshaped by artificial intelligence. The cuts are the latest tied to AI in the software sector as companies race to automate work and reshape products around the technology while trying to offset its steep costs. Peer Atlassian, last month, said it would slash roughly 10% of jobs.
USD/JPY
Japan Has Two More Windows for Yen Intervention by IMF Rules
(Bloomberg) -- Japan can conduct only two more sessions of three-day interventions by November if it wants to maintain its status of having a freely floating exchange rate, based on International Monetary Fund guidelines.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceWhite House Weighs AI Working Group, Model Testing, NYT ReportsApple Exp
JNJ
SOPHiA GENETICS Q1 Earnings Call Highlights
SOPHiA GENETICS (NASDAQ:SOPH) reported first-quarter 2026 revenue of $21.7 million, up 22% from $17.8 million in the prior-year period, as demand increased for its SOPHiA DDM analytics platform and the company expanded its installed base of clinical customers and applications. Revenue growth and re
PYPL
PayPal Q1 Earnings Call Highlights
PayPal (NASDAQ:PYPL) executives used the company’s first-quarter 2026 earnings call to outline a broad transformation agenda that includes reorganizing around three core businesses, accelerating technology modernization, and launching a multi-year cost savings program, while reiterating full-year gu
NVDA
Even Laying Off 100% of Its Workers Won't Recoup This Company's AI Costs
Investors are wary of Meta's layoffs and big spending on AI.
INTC
Even Laying Off 100% of Its Workers Won't Recoup This Company's AI Costs
Investors are wary of Meta's layoffs and big spending on AI.
AAPL
Beaumont Trims Its JPEF Stake by $9.0 Million -- Signal or Just Smart Rebalancing?
JPMorgan Equity Focus ETF targets a concentrated mix of U.S. and select foreign equities through active management and disciplined strategy.
MSFT
Beaumont Trims Its JPEF Stake by $9.0 Million -- Signal or Just Smart Rebalancing?
JPMorgan Equity Focus ETF targets a concentrated mix of U.S. and select foreign equities through active management and disciplined strategy.
GOOGL
Beaumont Trims Its JPEF Stake by $9.0 Million -- Signal or Just Smart Rebalancing?
JPMorgan Equity Focus ETF targets a concentrated mix of U.S. and select foreign equities through active management and disciplined strategy.