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The stock market has soared to record highs in recent weeks, and one sector has been doing a lot of the work.

Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its ‌new artificial intelligence chip to meet growing demand. The stock fell 5% ‌to $225.43, with the drop set to erase more than $12 billion from the company's market valuation of $252 ​billion. The British chip designer's shares have more than doubled in value this year, outperforming other chip majors.

Oil prices fell further, extending a sharp decline from a day earlier on investor optimism about diplomacy between the U.S. and Iran. Brent crude, the global benchmark, was more than 2% lower at around $99 a barrel.

While investors obsess over uptake of GLP-1 pills in the U.S., international sales are just as important.

Shale companies are cautiously dialing up output and hinting at a prolonged period of high oil prices.

Shell reported surging earnings as the Iran war brought a trading windfall. Shell’s first-quarter adjusted earnings rose to $6.92 billion from the $3.26 billion it reported in the prior quarter. Shell’s American depositary receipts were down 1.9% in premarket trading.

(Bloomberg) -- Just months into China’s housing downturn, the nation’s second-biggest developer declared the worst is over. A year later, its chairman backtracked on the call, and by 2025, it was teetering on the brink of a default.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS

The lead of one of the most profitable hedge funds on Wall Street leveled with investors about rising prices.

Coca-Cola HBC (LON:CCH) reported “a strong quarter of high-quality organic revenue growth” in its first-quarter 2026 trading update, with management reiterating full-year guidance despite what CEO Zoran Bogdanovic described as a “challenging and unpredictable external environment.” Q1 growth driven

GameStop is looking to acquire a much larger company than itself.

Just as the world's AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia's tech names, making Seoul's stock market the world's hottest and delivering bonuses of half a million dollars to workers at one Korean chipmaker. Asia's three most valuable companies are chipmakers - ‌Taiwan Semiconductor Manufacturing Co, Samsung Electronics and SK Hynix - and their recent record earnings have put the spotlight on their critical role in the global AI supply chain. Chip revenues leapt nearly ‌50 times at Samsung last quarter and South Korea's benchmark KOSPI has doubled in little more than six months.

(Bloomberg) -- Shell Plc reported stronger-than-expected first-quarter earnings as the Iran war boosted trading profits and drove up energy prices, helping it to overcome a drop in oil and gas production from the conflict. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran We

Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.

<p>A new era of child savings has arrived. Trump Accounts—formally known as Section 530A accounts—are tax-advantaged investment vehicles created under the One Big Beautiful Bill, mandating that contributions flow into low-cost S&P 500 ETFs or similar index funds. With billionaires, states, and the federal government all piling in, these accounts could become one of the most significant new sources of ETF demand in decades.</p>

Quantum Motion on Thursday said it raised $160 million to fund its effort to build a quantum computer that is ‌smaller, cheaper and more energy efficient than rivals using standard silicon chipmaking techniques. Quantum ‌computers hold the promise of solving problems that regular computing machines cannot. Unlike the transistors in an everyday computer that can only represent a zero or a one at any given time, a qubit can represent both at once.

Earnings season marches on as investors will hear from big companies including McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

Budget airline AirAsia is ordering 150 Airbus A220-300 jets in a deal valued at about $19 billion at list prices, marking the largest single order ever placed for the A220 planes. The deal was announced Thursday at an Airbus factory in Mirabel, Quebec. Canadian Prime Minister Mark Carney attended.

The South Korean technology giant is shrinking its footprint in one of the world’s largest consumer markets amid fierce competition from domestic brands.

Trimble (NASDAQ:TRMB) reported first-quarter 2026 results that exceeded management’s expectations on both the top and bottom line and prompted the company to raise its full-year outlook. President and CEO Rob Painter said the company “delivered a great start to the year,” with revenue of $940 millio

The London- and Athens-listed bottler saw 27% volume growth for its energy-drink category, and coffee volumes increased 39% in its out-of-home channel.

The company continues to forecast an increase in sales between 7% and 9%, and a rise in underlying earnings before interest and taxes of 9% to 11%.

Symbotic (NASDAQ:SYM) executives highlighted stronger-than-expected fiscal second-quarter results, ongoing system deployment growth, and continued profitability during the company’s second quarter fiscal 2026 earnings call. Management also discussed progress on new products, customer interest in exp

Solstice Advanced Mat (NASDAQ:SOLS) reported first-quarter 2026 results that management said marked a strong start to its first full standalone quarter as an independent company, citing robust demand across nuclear, electronic materials, and refrigerants. First-quarter results exceeded guidance ran

(Bloomberg) -- China’s early lead in humanoid robots will help power the next phase of its global manufacturing and export dominance, according to new research from Morgan Stanley. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran Weigh Potential Deal as Trump Seeks Way Out

SiTime (NASDAQ:SITM) reported a sharp year-over-year increase in first-quarter 2026 revenue and profitability, with management attributing the performance primarily to accelerating demand for precision timing in AI infrastructure and data center networking. On the company’s earnings call, CEO Rajesh

Sezzle (NASDAQ:SEZL) reported first-quarter 2026 results that management said reflected strong growth, profitability, and rising consumer engagement, prompting the company to raise its full-year guidance. Chief Executive Officer and Executive Chairman Charlie Youakim said 2025 focused on enhancing

Samsung Electronics is locked in a feud with its workers over how to share the spoils of the AI-driven semiconductor boom, with unions threatening...

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at

Sunrun (NASDAQ:RUN) executives said the company is ramping sales and operations to meet what CEO Mary Powell described as “surging customer demand,” as the residential solar market adjusts to changes in tax incentives and ongoing industry consolidation. During the company’s first-quarter 2026 earni

Root (NASDAQ:ROOT) reported what executives described as the most profitable quarter in the company’s history, with management emphasizing a more “structurally stronger model” driven by improvements in pricing, underwriting, and capital allocation. On the company’s first-quarter 2026 earnings call,