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Bloomberg88d agobearish
Oil Inventories Falling at Record Pace on Iran War, IEA Says

(Bloomberg) -- Oil inventories are falling around the world at a record pace and will continue to drop for months as the disruption to Middle East supplies from the Iran war intensifies, according to the International Energy Agency.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home Reve

S&P 500 Falls From Record High Following Inflation Report: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
Benzinga88d agobearish
S&P 500 Falls From Record High Following Inflation Report: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the S&P 500 falling from a record high during the session after a hotter-than-expected April inflation report consolidated worries that the Federal Reserve will not cut interest rates this year. Headline Consumer Price Index accelerated to 3.8% year-over-year in April from 3.3% prior, the highest reading si

Siemens Aktiengesellschaft Q2 Earnings Call Highlights
MarketBeat88d agobearish
Siemens Aktiengesellschaft Q2 Earnings Call Highlights

Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue growth and stronger free cash flow in its fiscal second quarter, while management said geopolitical uncertainty and currency headwinds remain key risks for the rest of the year. Chief Executive Roland Busch said Siemens continued

Paramount defends Warner bid amid California probe
AFP88d agobearish
Paramount defends Warner bid amid California probe

Paramount Skydance has defended its attempt to buy the legendary Warner Bros. studio, in a letter to California's top lawyer whose office is probing the $110 billion bid, US media reported Tuesday.Combined, Paramount and Warner Bros.

Waymo recalls thousands of robotaxis for surprising reason
TheStreet88d agobearish
Waymo recalls thousands of robotaxis for surprising reason

On April 20, an unoccupied Waymo robotaxi encountered a flooded section of road in San Antonio during extreme weather. Instead of stopping, it slowed down and kept going. The vehicle was swept into Salado Creek. It had to be recovered from the waterway days later. Ten days after that incident, ...

Nasdaq Drops as Chip Fever Breaks
Barrons.com88d agobearish
Nasdaq Drops as Chip Fever Breaks

Chip stocks got beat up after the latest inflation report. The tech-heavy Nasdaq was down 0.7%, the S&P 500 was down 0.2% while the Dow gained 56 points, or 0.1%. Notably, almost all major chip stocks were down, barring Nvidia.

Treasuries Fall as Rising Oil Prices Herald Sticky Inflation
Bloomberg88d agobearish
Treasuries Fall as Rising Oil Prices Herald Sticky Inflation

(Bloomberg) -- Treasuries fell as rising oil prices threatened to keep inflation at levels that could prompt the Federal Reserve to raise interest rates next year.Most Read from BloombergInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaIran Makes New Offer on Uranium in Response to US, WSJ SaysNvidia’s CEO to Miss China Trip After Year of Travels With TrumpYields were higher by three to five basis points near session

Wells Fargo Set for 16% Upside Despite Recent Selloff
24/7 Wall St.88d agobearish
Wells Fargo Set for 16% Upside Despite Recent Selloff

I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff

Our Highest Conviction Call on Coinbase Points to 100% Upside Despite Q1 Earnings Miss
24/7 Wall St.88d agobearish
Our Highest Conviction Call on Coinbase Points to 100% Upside Despite Q1 Earnings Miss

Few stocks polarize investors like Coinbase (NASDAQ:COIN). After a brutal Q1 2026 earnings miss and a year of whipsaw price action, the question is whether the recent rebound has legs. Our 24/7 Wall St. price target for Coinbase is $460.53, pointing to 128.66% upside from the current $201.16 quote. The recommendation is buy, with a ... Our Highest Conviction Call on Coinbase Points to 100% Upside Despite Q1 Earnings Miss

AST SpaceMobile shares fall after Q1 earnings miss on revenue, wider loss
Proactive88d agobearish
AST SpaceMobile shares fall after Q1 earnings miss on revenue, wider loss

AST SpaceMobile Inc (NASDAQ:ASTS) reported first-quarter 2026 results that missed analyst expectations on both revenue and earnings, sending shares down about 14%. The company posted a loss of $0.66 per share for the quarter, wider than the consensus estimate for a $0.23 loss. Revenue came in...

Hims & Hers shares plummet on first quarter earnings miss
Proactive88d agobearish
Hims & Hers shares plummet on first quarter earnings miss

Hims & Hers (NYSE:HIMS) reported first quarter financial results that included a wider-than-expected loss and softer revenue performance, sending shares down nearly 14% to about $25 on Tuesday morning. For the quarter, the telehealth company posted a net loss of $92.1 million, or $0.40...

Online seller eBay rejects GameStop's $56 billion takeover offer
Associated Press88d agobearish
Online seller eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations.