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.
A U.S. bankruptcy judge has cleared Saks Global to solicit creditor votes on a Chapter 11 restructuring that would extinguish current equity and transfer control to senior lenders who have committed new financing. The plan, which reduces most prepetition debt and follows store closures and repaired vendor relationships, faces a creditor vote due by…
The U.S. Food and Drug Administration has authorized early access for Revolution Medicines' oral KRAS inhibitor daraxonrasib in patients with previously treated metastatic pancreatic ductal adenocarcinoma. The drug, which the company said doubled survival versus chemotherapy in a late-stage trial, is also under evaluation in late-stage non-small ce…
ARC Group Acquisition I Corp completed its initial public offering on May 1, 2026, selling 12.075 million units at $10.00 each and raising $120.75 million. The offering included a full exercise of the underwriters' over-allotment option. Units began trading on NASDAQ under the symbol ARCLU on April 30, 2026, and the company expects the component se…
Ninety-four-year-old former Cuban president Raul Castro joined a large International Workers' Day march through Havana that passed the U.S. embassy as relations with Washington grow increasingly strained. The gathering came amid an oil blockade imposed in January that has forced rationing and prompted a U.N. warning of a humanitarian crisis. White …
ARC Group Acquisition I Corp successfully closed its initial public offering on May 1, 2026, raising $120.75 million by selling 12,075,000 units at $10 each. The company is a blank check entity focused on acquiring businesses primarily in technology, healthcare, and logistics sectors. Units began trading on NASDAQ, with plans for separate listings …
A federal bankruptcy judge approved Saks Global's disclosure statement, allowing the company to solicit creditor votes on a Chapter 11 restructuring that would eliminate existing equity, reduce most prepetition debt, and transfer control to senior lenders who provided new financing during the case. Creditors must cast ballots by June 1.
Bitdeer Technologies Group, a leading Bitcoin mining and AI infrastructure company, announced its first quarter 2026 earnings conference call scheduled for May 14, 2026. The company will release unaudited financial results before the call and provide detailed operational updates. Bitdeer operates data centers across multiple countries including the…
The chair of the European Parliament's trade committee criticized President Donald Trump's decision to raise U.S. tariffs on vehicles imported from the EU to 25% next week, calling the move evidence that the United States is an unreliable trading partner. The EU lawmaker said the bloc will respond firmly and noted the European Parliament is draftin…
James Shook, a director at Norwood Financial Corp (NASDAQ: NWFL), has expanded his position in the company through a recent purchase of common stock. This insider activity comes at a time when the financial institution is navigating a complex landscape defined by recent quarterly earnings that fell short of market expectations and concerns regardin…
Arvinas, in collaboration with Pfizer, announced FDA approval for VEPPANU (vepdegestrant), the first FDA-approved PROTAC protein degrader therapy, to treat adults with estrogen receptor-positive (ER+), HER2-negative, ESR1-mutated advanced or metastatic breast cancer after progression on endocrine therapy. This approval marks a significant advanceme…
The U.S. administration has taken the position that the hostilities that began on February 28 have "terminated," as the 60-day period under the 1973 War Powers Resolution expired on May 1. Congressional Democrats rejected that reading of the law, pointing to ongoing U.S. operations aimed at blocking Iranian oil exports and saying the statute contai…
Alnylam (ALNY) is digesting a strong multi-year story into a quieter calendar year. Valuation is rich, but revenue guidance and cash generation combined with a large TTR franchise and ongoing collaborations create a favorable risk-reward for a disciplined pullback buy. We lay out a mid-term trade plan with clear entry, stop, and target levels and a…
Tether reduced its gold purchases intended for backing its USDT stablecoin to about 6 metric tons in the first quarter, down from 27 tons in October-December. The issuer continues to hold significant gold across its two products - USDT and the gold-backed XAUT token - with total holdings around 154 metric tons. The reserves backing USDT remain larg…
Russia's Ministry of Finance said the government has approved a bill to change the Tax Code to regulate domestic circulation of digital currencies and digital rights. The measures clarify VAT treatment, designate brokers and trustees as tax agents for individuals, allow intra-period offsetting of gains and losses for individuals, and set new corpor…
Christopher Lee Turner, serving as both the Chief Executive Officer and Chairman of the Board for Yum Brands Inc. (NYSE:YUM), has completed a sale of company shares. The transaction, which took place on May 1, 2026, involved the disposal of 250 shares of common stock at a price point of $160.48 per share. This total transaction value amounts to $40…
eXp World Holdings, Inc., a Nasdaq-listed company and parent of eXp Realty, FrameVR.io, and SUCCESS Enterprises, announced it will report its Q1 2026 financial results on May 11, 2026. The company will also conduct a virtual fireside chat and investor Q&A session on the same day to discuss results and answer shareholder inquiries.
On May 1, President Donald Trump signed an executive order expanding U.S. sanctions on individuals and entities linked to the Cuban government, focusing on those tied to the security apparatus, corruption and human rights abuses. The order also permits secondary sanctions on third parties that transact with designated targets. The move follows a se…
Rezolute announced expanded analyses from its Phase 3 sunRIZE study of ersodetug, showing clinically relevant and often statistically significant improvements in glycemic control in patients with congenital hyperinsulinism. Despite the study not meeting its primary endpoint, continuous glucose monitoring data and open-label extension results demons…
Timothy McKeon, who serves as the Senior Vice President and Treasurer for Halliburton Co. (NYSE: HAL), has completed a sale of common stock totaling $363,510. The transaction, which took place on April 30, 2026, involved the sale of 8,655 shares at a price point of $42.0 per share. This divestment was conducted under a Rule 10b5-1 trading plan that…
U.K. equities finished marginally lower on Friday, with losses concentrated in Pharmaceuticals & Biotech, Fixed Line Telecommunications and Industrial Engineering. The Investing.com United Kingdom 100 index closed down 0.01%, while a mix of individual winners and losers produced a market breadth showing more advancers than decliners on the sess…
President Donald Trump announced on Friday that tariffs on cars and trucks imported from the European Union will rise to 25% next week, citing the EU's failure to honor an agreed trade deal. He said vehicles produced at U.S. plants will not be subject to the increase and highlighted more than $100 billion in current investment into American auto an…
The Catholic Archdiocese of New York has reached a proposed agreement to pay $800 million to about 1,300 people who say they were sexually abused by clergy. The settlement, which would rank among the largest in recent U.S. church abuse litigation, is conditional on final documentation and agreement by survivors. It also includes a commitment by the…
Ciena is converting a multi-billion-dollar backlog into revenue and free cash flow as hyperscalers build AI-optimized data centers. The stock is extended, but the fundamentals - fiscal Q1 revenue growth, a raised guide and a large orderbook - justify a long with a disciplined stop. Entry $537.34, target $700, stop $480; horizon: long term (180 trad…
James Saccaro, the Chief Financial Officer of GE HealthCare Technologies Inc. (NASDAQ:GEHC), has made a notable direct investment in his company's common stock. On May 1, 2026, Saccaro purchased 3,310 shares in a transaction valued at approximately $200,585. The acquisition was executed at share prices ranging between $60.59 and $60.60. This transa…
The Trump administration has decided to close the Civil-Military Coordination Centre (CMCC) in Israel, transferring its monitoring and aid coordination duties to a U.S.-commanded international security mission intended to deploy to Gaza. Diplomats and officials say the move underlines growing obstacles to U.S. efforts to oversee the ceasefire and m…
