Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
Fortis Inc. shareholders unanimously approved the election of 12 directors, reappointment of Deloitte LLP as auditors, and the non-binding advisory vote on executive compensation at the 2026 Annual Meeting. The corporation is a leading North American regulated electric and gas utility with operations across Canada, the U.S., and the Cayman Islands.
European Central Bank Executive Board member Isabel Schnabel warned that a prolonged impact from the Iran war on inflation could prompt the ECB to raise interest rates. She pointed to firms planning price increases, supply-chain disruptions and shifting household expectations as signs the energy shock may broaden, increasing the risk of second-roun…
SoftBank Corp has opened discussions with Nvidia and Foxconn about creating AI servers manufactured in Japan. The plan envisages an initial phase of assembling externally sourced parts by the end of the decade and a later stage where SoftBank would handle full production. The effort would target high-performance machines designed to run advanced gr…
Lemonade announced the launch of its renters insurance offering in West Virginia, expanding its digital-first, customizable coverage to renters across the state. The company emphasizes affordability, flexibility, and a seamless app-based customer experience, aiming to grow its U.S. market presence further.
The United States, joined by Gulf partners, circulated a United Nations Security Council resolution demanding Iran stop attacks and the planting of mines in the Strait of Hormuz. Diplomats said Russia and China raised substantive objections during a closed-door review and are expected to block the measure with vetoes, complicating U.S. diplomatic a…
Goldman Sachs projects U.S. nonfarm payrolls rose by 75,000 in April, modestly above consensus, driven by encouraging big-data indicators. The bank anticipates a small net decline in government employment and expects the unemployment rate to remain unchanged at 4.3% on a rounded basis, with average hourly earnings up 0.3% month-over-month.
Tennessee Republicans approved a congressional redistricting plan that breaks apart a majority-Black U.S. House district centered on Memphis, dividing Shelby County into three Republican-leaning districts. The change, passed amid loud protests and fierce objections from Democrats, could unseat Democratic Representative Steve Cohen and is part of a …
Bank of America projects headline Consumer Price Index (CPI) will climb 0.5% month-over-month in April, driven largely by a 4.3% monthly jump in energy prices tied to the Iran war. The bank forecasts headline CPI at 3.7% year-over-year and core CPI at 0.3% month-over-month, or 2.7% year-over-year, noting rent data adjustments stemming from a prior …
Broadcom shares slipped after reports that the company’s proposed financing of the initial phase of chip production for OpenAI has run into a potential $18 billion funding hurdle. Negotiations reportedly hinge on a commitment from Microsoft to purchase a substantial portion of the chips, a step Broadcom says it needs to ensure repayment of its inve…
A political action committee tied to U.S. Health Secretary Robert F. Kennedy Jr.'s Make America Healthy Again movement reported nearly $117,000 in expenditures between May 2 and May 5 aimed at opposing Republican Senator Bill Cassidy of Louisiana and supporting Representative Julia Letlow. The recent outlays are part of a multi-month push that has …
The U.S. Justice Department, joined by six states, settled a civil antitrust lawsuit against Agri Stats, a data firm that provides weekly meat pricing and sales reports. Acting Attorney General Todd Blanche said the agreement will make Agri Stats' reports available to all buyers and sellers in the supply chain and will lower meat prices for consume…
OpenAI announced three audio-focused models for its developer platform that enable real-time listening, translation and transcription. The models - GPT-Realtime-2, GPT-Realtime-Translate and GPT-Realtime-Whisper - are available for testing in OpenAI's developer playground. Selected corporate testers include Zillow, Priceline and Deutsche Telekom. P…
Rave, a Canadian app developer, has filed an antitrust lawsuit in U.S. federal court in New Jersey claiming Apple removed its shared video-viewing app from the App Store in 2025 to protect Apple’s competing feature SharePlay. Rave seeks reinstatement and "hundreds of millions of dollars" in damages and says similar legal actions have been filed in …
On May 7, the acting head of the U.S. Department of Justice antitrust division cautioned companies against relying on broad statements about artificial intelligence replacing industries as a defense in merger reviews, saying such claims must be supported by evidence. Omeed Assefi, who supervises the DOJ's merger review work, encouraged early engage…
Hawkeye 360 Inc. saw its shares rise 30% in their New York trading debut after the company completed a $416 million initial public offering. The offering of 16 million shares was priced at $26 each - the top of the marketed range - and shares opened at $33.80. Based on outstanding shares filed by the company, the market value stands at about $3.1 b…
B2Gold reported results that came in firmer than the street feared, coupled with a $325m cash sale and a still-intact full-year guide. The stock is trading above key moving averages with improving technicals. Our tactical trade idea: go long at $5.075, target $6.20, stop $4.50, horizon mid term (45 trading days).
The U.S. Department of Justice's antitrust division on Thursday warned firms against relying on unsubstantiated claims of artificial intelligence-driven disruption as a basis for merger approvals. Acting Assistant Attorney General Omeed Assefi told an audience at New York University that the agency expects tangible evidence when parties argue that …
Equities across market-cap segments moved sharply on Thursday, with semiconductor giant Qualcomm and cloud-monitoring firm Datadog posting notable gains while companies including Arm and Insmed recorded steep declines. The session featured sector-specific catalysts such as a security certification for Datadog, earnings beats and guidance revisions,…
A compact set of labor-market and consumer-confidence releases, led by the monthly jobs report and the University of Michigan consumer sentiment reading, arrives Friday, May 8, 2026. The schedule also includes a string of Federal Reserve speeches, weekly CFTC position reports for key futures markets, rig counts and Atlanta Fed GDPNow estimates. Mar…
Earnings season presses on with a full docket set for Friday. Major corporations including Toyota, Fidelity National Information Services, YPF SA, PPL Corp and Amadeus IT Holding top a wider list of companies scheduled to release quarterly results. Below is a compiled list of the firms set to report along with consensus estimates for earnings per s…
Hovnanian Enterprises, a leading US homebuilder, announced it will release its financial results for the second quarter ended April 30, 2026, on May 21, 2026. The company will host a live webcast conference call to discuss results, accessible via its Investor Relations website, with replay available for 12 months.
Blue Owl’s largest publicly traded private credit vehicle has reduced its allocation to software companies as executives grow cautious about valuations amid AI sector shifts. The fund’s software weight fell to 16% from 19% in the first quarter as loans were repaid, and managers signaled continued selectivity toward new software deals even as a smal…
Shares of Fermi America LLC fell 4.4% on Thursday after short seller Fuzzy Panda released a report asserting that the company’s air permit for its planned datacenter project may be legally vulnerable. The report contends the permit’s approval by the Texas Commission on Environmental Quality is being challenged in court and that the dispute could st…
Verizon confirmed a fresh round of workforce reductions involving several hundred employees, representing under 1% of its total staff. The cuts, focused most heavily at the company’s Basking Ridge, New Jersey headquarters and concentrated in smaller business units, follow a November reduction that eliminated 13,000 positions. Verizon continues to l…
Ardmore (ASC) just doubled its dividend payout ratio to two-thirds of adjusted earnings, agreed to sell an older MR for $35.5m and contracted two new IMO2 mid-size tankers. With Q1 spot MR rates at $33,700/day and Q2 coverage improving toward $50,000/day, the set-up supports upgrading ASC to Buy for a mid-term trade. We provide an entry, stop and t…
