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The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route. The post FedEx wins war waiver for Dubai cargo route appeared first on FreightWaves.
Kraft Heinz (NASDAQ:KHC) reported first-quarter 2026 results that management said came in ahead of internal expectations, citing a smaller-than-anticipated decline in organic net sales and early signs of market share improvement tied to increased investments. Chief Executive Officer Steve Cahillane
Ball, Crown and Ardagh are navigating higher input costs and inflationary pressures as beverage customers prepare promotions related to the World Cup and America250 celebrations.
Financial stocks are among the most sensitive to rate fluctuations.
In early May 2026, IPG Photonics reported first-quarter 2026 results showing revenue rising to US$265.5 million from US$227.79 million a year earlier, but net income declining to US$1.58 million amid tariff headwinds and a US$13.5 million litigation settlement tied to a global patent agreement with TRUMPF. The company’s strong industrial demand and resolution of long-running patent disputes contrasted with weaker profitability and cautious second-quarter profit guidance, highlighting a...
(Bloomberg) -- Companies are selling new debt in Europe at the busiest pace ever on Wednesday, storming into the market after earnings to lock in funding while borrowing costs remain low.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs AI Working Group, Model Testing
Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities. The company has been scrambling to keep up with tech rivals amid the AI boom but still hasn't delivered on the Siri revamp two years later. The lawsuit, filed on behalf of U.S. consumers in the San Francisco federal court for the Northern District of California, alleged that Apple deceived consumers with a marketing campaign that promoted features that did not yet exist and misled them into buying the devices.
He cited “great progress” in talks with Iran. The International Monetary Fund published its 180-page World Economic Outlook three weeks ago. The differences between that and its now more likely “adverse” or “severe” scenarios aren’t small, and investors should take note as the Strait of Hormuz remains blocked.
Gold has done exactly what its defenders promised over the past year, and the numbers explain why allocators are revisiting the metal as a real portfolio building block. iShares Gold Trust (NYSEARCA:IAU) returned 42% in the twelve months through May 1, 2026, a stretch that overlapped with sticky core inflation, three Federal Reserve rate cuts, ... IAU Returned 42% in a Year of Sticky Inflation. Here’s Why Allocators Are Reconsidering Gold
Kevin Warsh wants to change how the Federal Reserve conducts monetary policy.
CEO Bob Frenzel also said Xcel is doubling down on its renewables strategy. “We believe that these large customers are absolutely committed to [the] long-term sustainability of their own product,” he said.
Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
One big surprise coming out of last week’s unusual press conference by Fed Chairman Jay Powell was his decision to remain on the Federal Open Market Committee (FOMC) as a Governor after Kevin Warsh takes over this month. That sets up an interesting dynamic for the Fed going forward, writes Louis Navellier, founder and chairman of Navellier & Associates.
Nike, Inc. (NYSE:NKE) is under federal investigation by the U.S. Equal Employment Opportunity Commission (EEOC) over its diversity, equity, and inclusion practices. The company is highlighted as a key brand in projections for global football merchandise market growth. Nike's Chief Operating Officer is set to deliver a keynote at a major industry event focused on operational transformation and artificial intelligence. Nike, Inc. (NYSE:NKE) sits at the intersection of sportswear, technology,...
BigBear.ai Holdings (NYSE:BBAI) has secured a significant classified federal AI contract with the intelligence community. The company has acquired Ask Sage, expanding its generative AI capabilities and contributing to backlog growth. BigBear.ai is winning new contracts that apply its generative AI platforms in airport trade and travel use cases. Management is executing a transformative acquisition and organizational realignments to focus on federal AI spending. Recent results include strong...
On Sunday, former White House AI and crypto czar David Sacks said artificial intelligence is rapidly becoming one of the most powerful drivers of the U.S. economy as Morgan Stanley raised its forecast for hyperscaler AI infrastructure spending. Morgan Stanley Projects Massive AI Capex Boom From Big Tech Morgan Stanley now expects Amazon.com Inc., Alphabet Inc., Meta Platforms Inc., Microsoft Corp. and Oracle Corp. to collectively spend about $805 billion in capital expenditures in 2026, up from
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Apple on Tuesday settled for $250 million a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference in 2024, saying they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come until this year, and executives have now confirmed that the new Siri features will be unveiled at Apple's annual developer conference next month.
Michael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated by escalating Middle East tensions, has underscored the vulnerability of digital assets to broader risk aversion, with investors leaning towards safer options amid concerns over lofty AI valuations and uncertainty around U.S. Federal Reserve policy. Though bitcoin prices have bounced back partially, the world's largest cryptocurrency has lost 7% in value in 2026.
CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q
At this time, I'd like to turn the call over to Eugene Fedotoff, IPG's Senior Director, Investor Relations for introductions. Eugene Fedotoff: Thank you, and good morning, everyone. With me today is IPG Photonics CEO, Dr. Mark Gitin, and Senior Vice President and CFO, Tim Mammen.
American Eagle Outfitters and Lands’ End are among the first adopters as Amazon opens its logistics network to all businesses and intensifies competition with FedEx, UPS and DHL.
ServiceNow (NYSE:NOW) used its Knowledge 2026 event to introduce major AI platform advances, including autonomous agents and an upgraded AI Control Tower for enterprise governance. The company launched ServiceNow Otto, a unified conversational AI and workflow automation experience intended to sit across the enterprise. New and expanded partnerships were announced with NVIDIA, Microsoft, Lenovo, and FedEx, focused on desktop AI agents, cross cloud governance, device lifecycle automation, and...
Conditions are not right for Bitcoin to mount a recovery above $100,000, according to Galaxy Digital Inc. (NASDAQ:GLXY) CEO Mike Novogratz. "It’s not my prediction that we break [$100,000] this year," Novogratz said on Galaxy Digital’s Q1 earnings call on...
Americans who recently earned their bachelor’s degree have faced a challenging job market in recent years.
You wouldn’t expect a fund stuffed with European utilities, tobacco companies, and Canadian fertilizer to keep pace with the Nasdaq-100 in 2026, but here we are. Fidelity International High Dividend ETF (NYSEARCA:FIDI) is up about 8% year-to-date, edging out Invesco QQQ Trust (NASDAQ:QQQ) at roughly 8% as well. The lead is small, and the one-year ... This ETF Is Are Outpacing Tech Stocks While Paying High Dividends
HOG Q1 EPS misses as tariffs and incentives squeeze HDMC margins, even with retail sales up and 2026 guidance reaffirmed.
Michael Lyons: Thank you, Walter, and good morning, everyone. While anticipation lending volumes in Argentina remain strong, lower inflation and interest rates in Argentina were a revenue headwind to Merchant in Q1.
SEDG heads into first-quarter earnings results with U.S. manufacturing ramp-up, the new Nexis rollout in Germany, and tariffs pressuring costs.
IFA President Matt Haller writes that the American Franchise Act has bipartisan support and could protect 9 million jobs from disappearing.
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