News

Asian equities are struggling to make clear gains despite a constructive tone from the Trump-Xi summit, says Patrick Munnelly at Tickmill Group. The MSCI Asia Pacific is up just 0.2% after earlier rising 0.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) reported higher production, stronger refinery utilization and continued investment in upstream projects during the first quarter of 2026, while executives said the company is monitoring fuel-price volatility and prioritizing capital discipline. Chief E

The cosmetics company is dealing with several headwinds.

Shares of digital advertising platform The Trade Desk (NASDAQ:TTD) fell 7.8% in the morning session after the stock continued to pull back as it released first-quarter 2026 financial results that featured an earnings miss, weak forward guidance, and a subsequent wave of analyst downgrades.

The price of Bitcoin was rising slightly but stayed below $80,000 after falling to a one-week low in the previous session. Higher-than-expected U.S. inflation data for April on Tuesday reduced the prospect of interest-rate cuts by the Federal Reserve, denting risk appetite and boosting the dollar.

The S&P 500 rose 0.6%, and the Nasdaq Composite added 1.2%. The president and a group of top business leaders are attending a summit with Chinese leader Xi Jinping. Kevin Warsh passed the final Senate vote hurdle.

Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.

The backup power generator stock is riding the power-hungry AI data center boom, electrification, and other long-term trends. Generac stock has soared 95% YTD, yet it is still down 45% from its highs.

George Kamel watched a TikToker break down the startup costs for a vending machine side hustle and landed on a number: $3,330.22. His advice was direct: save it in cash, not borrowed or on a credit card. If you cannot save the full amount, you cannot afford the business yet. I’ve been studying side-hustle economics ... I Want to Start a Vending Machine Business: Should I Really Save $3,330 in Cash First?

Nvidia has recorded six straight days of gains through Wednesday’s close in the run-up to its earnings on May 20. Huang is accompanying President Trump on his trip. The Nvidia boss is looking to unlock large-scale shipments of his company’s H200 artificial-intelligence chips to Chinese companies.

Shares of data center products and services company Vertiv (NYSE:VRT) jumped 6.5% in the morning session after the stock hit an all-time high as investor confidence grew following blowout first-quarter results and multiple analyst price target increases, all fueled by surging AI-driven data center demand.

Fanuc shares jumped after the Japanese robotics maker announced a physical AI partnership with Google.

Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan’s Eneos for $2.17 billion, as it continues to streamline its international portfolio.

Stocks looked set to notch more records on Thursday as investors bet that President Donald Trump’s meeting with China's leader Xi Jinping would help extend a recent tech rally. S&P 500 futures climbed 0.2%, and contracts tied the tech-heavy Nasdaq 100 added 0.4%. The market looked set to build on those gains after Xi welcomed Trump–and an elite group of CEOs–to China.

Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM), the world's largest contract chipmaker, now expects the global semiconductor market to exceed $1.5 trillion by 2030, a 50% upgrade on its previous forecast of $1 trillion, driven by surging demand for artificial intelligence and...

View more earnings on CSCO With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Dillard’s Inc. (NYSE:DDS) to report quarterly earnings at $10.37 per share on revenue of $1.55 billion before the opening bell, according to data from Benzinga Pro. Dillard’s shares fell 0.4% to close at $532.92 on Wednesday. Cisco Systems Inc. (NASDAQ:CSCO) reported better-than-expected third-quarter financial resul

While Nvidia still rules the roost, investors are moving downstream to the next generation of AI winners.

PBF Energy’s first-quarter 2026 results showed sales rising to US$7,904.3 million from US$7,066.4 million a year earlier, with net income improving to US$198.3 million from a net loss of US$401.8 million, alongside higher refinery throughput and an affirmed quarterly dividend of US$0.275 per share payable on May 29, 2026. The company’s increased production levels across regions and fresh throughput guidance of 850,000 to 910,000 barrels per day for the second quarter of 2026 signal a...

IonQ (NYSE:IONQ) has opened a quantum R&D and semiconductor testing facility in Boulder, Colorado. The site is focused on design, testing, and production of next generation semiconductor ion trap chips. The expansion is supported by state and local incentives and is expected to create local jobs. IonQ operates in the quantum computing sector, with a focus on trapped ion hardware that aims to support complex computational workloads over time. The new Boulder facility gives the company...

Powell Industries (POWL) has grabbed investor attention after securing a data center order of more than US$400 million, its largest ever. The order is directly tied to powering AI infrastructure and is accompanied by additional mega utility and data center contracts. See our latest analysis for Powell Industries. The recent data center win comes after a strong run in the stock, with a 30 day share price return of 31.38% and a year to date share price return of 156.02%. The 1 year total...

Recent share performance and business profile American Electric Power Company (AEP) has drawn investor attention after recent share weakness, with the stock down about 5% over the past month but modestly higher over the past 3 months. The company is one of the larger U.S. electric utilities. It has a market value of about US$71.8b and operations focused on power generation, transmission, and distribution across several regulated segments. See our latest analysis for American Electric Power...

Foxconn Technology Group reported robust first-quarter revenue and profit as it ramped up production of server racks, other advanced equipment and consumer devices for the global artificial-intelligence buildout.

(Bloomberg) -- Bankers were still putting the final touches on Alphabet Inc.’s blockbuster $17 billion of bond sales when word started to spread Monday morning on Wall Street: the company is already hawking more debt.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summit With Iran War in LimboThis

A ‘boundaryless career’ is now the most reliable way to a corner office, a sign of how much employers have changed their tune on company loyalty.

The broadcaster is said to be close to finalising a deal to sell its media and entertainment division to Sky.

(Bloomberg) -- Xi Jinping signaled China is moving toward greater openness, striking an upbeat note during his meeting with US business leaders accompanying Donald Trump as the two presidents wrapped up morning talks that featured more divisive issues like trade and Taiwan.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Land

Beijing hasn't ordered planes from Boeing since 2017. That could soon change.

Applied Materials reports earnings Thursday as investors look for signs that AI-driven chip spending can outweigh slowing sales growth in China.

Top Pension officials from New York and California have written to SpaceX CEO Elon Musk, expressing concern over the “extreme” governance structure of the commercial space flight company ahead of its public listing. Comptrollers Express Concern New York State Comptroller Thomas DiNapoli, as well as New York City Comptroller Mark Levine and California Public Employees’ Retirement System (CalPERS) CEO Marcie Frost, wrote a letter to Musk, accessed by Reuters on Wednesday. Notably, CalPERS had also

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said, "Americans have paid the real price of this administration’s chaotic tariff policy. The savings should go back to them, not big corporations who raised prices and did just fine." Americans have paid the real price of this administra