News

Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%

"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.

Asian Development Bank's $70 billion energy and digital infra push puts Southeast Asia center stage

Southeast Asia to benefit significantly from Asian Development Bank's $70 billion new energy and digital infrastructure plan in Asia and the Pacific by 2035.

Goodbye quarterly earnings? Here's when traders believe this big change will happen

Traders are evenly divided as to whether the change will happen by Jan. 1. That would be an unusually fast timeline for the commission.

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

Uber and Disney pointed to a resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips.

Intel and Micron are poised to break major milestones

Options traders can't get enough of semiconductor stocks.

SEC advances Trump-backed proposal to end mandatory quarterly earnings reports

The SEC formally proposed a rule change that would allow companies to file semiannual reports on a new form, 10-S, in place of the traditional quarterly10-Qs

Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities

Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.

After Coinbase, prediction market traders forecast more tech layoffs ahead

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

Milken-adjacent Power100 attendees aim to reclaim the DEI in finance narrative

Blueprint Capital's Power100 weekend convenes diverse leaders in finance ahead of the Milken Institute Global Conference.

UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses

Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.
1 14 15 16 17 18 260