News Hub

Apr 30, 2026

Sofia Navarro

Press Releases

OR Royalties Provides Portfolio Update: Positive Developments at Island Gold, Dalgaranga, Glenburgh, Eagle and Others; Announces Strategic Sale of Osisko Metals Position

OR Royalties Inc. announces positive developments across its royalty assets including expansions and exploration successes at Island Gold, Dalgaranga, Glenburgh, Bralorne, Shaakichiuwaanaan, Wharekirauponga, and a strategic sale of its Osisko Metals equity for $34.8 million net proceeds. The company highlights ramped production, increased reserve e…

OR

Apr 30, 2026

Jordan Park

Stock Markets

Asian Banks Step Up AI Vetting as Advanced Models Raise Cybersecurity Alarm

Major banks across Asia are intensifying scrutiny of artificial intelligence tools after the emergence of a highly capable cybersecurity AI that has reportedly identified thousands of critical software vulnerabilities. Lenders in Singapore and beyond are reinforcing assessment procedures and emphasising internal guardrails even as they seek to harn…

Apr 30, 2026

Caleb Monroe

Stock Markets

JPMorgan Raises Kone to Overweight After €29.4 Billion TK Elevator Acquisition Agreement

JPMorgan upgraded Kone to Overweight and lifted its price target to €70 from €65 after Kone agreed to buy German rival TK Elevator in a €29.4 billion deal. The transaction would create the world’s largest elevator manufacturer by employees and revenue, but raises near-term leverage and regulatory questions that analysts and investors are scrutinizi…

Apr 30, 2026

Maya Rios

Cryptocurrency

ADGM and Hashed Release Policy Report From Web3 Leaders Roundtable at ADFW 2025

Abu Dhabi Global Market’s Registration Authority and Hashed Open Research published a policy report built from discussions at a closed-door Web3 Leaders Roundtable held during Abu Dhabi Finance Week 2025. The convening gathered about 40 senior decision-makers from global financial institutions, regulators, and infrastructure firms to assess interse…

Apr 30, 2026

Caleb Monroe

Commodities

Oil Spike Clouds Tech Spending Surge as Markets Weigh Inflation Risks

A fresh surge in oil prices tied to the Iran conflict pushed crude to the highest levels since the war began, complicating market reaction to a hawkish Federal Reserve hold and heavy tech sector capital spending. Treasury yields and futures repriced Fed prospects, while earnings from major technology firms pointed to continued large-scale AI invest…

Apr 30, 2026

Caleb Monroe

Press Releases

XPO Reports First Quarter 2026 Results

XPO, Inc. announced its first quarter 2026 financial results with significant growth in revenue, net income, and adjusted earnings per share compared to the prior year. The North American Less-Than-Truckload (LTL) segment showed strong revenue and profit growth, driven by market share gains, pricing power, and productivity improvements supported by…

XPO

Apr 30, 2026

Avery Klein

Currencies

BofA Model Sees Modest Upside for Australian Dollar Backed by Copper and Rates Signal

Bank of America launched a fresh valuation model for the Australian dollar that places fair value at 0.7240, about 1% above the spot rate of 0.7185 recorded on April 29, 2026, and reiterates a year-end target of 0.74. The bank's approach blends an export-price commodity index, the three-year yield spread and a copper-to-S&P 500 ratio intended to ca…

Apr 30, 2026

Priya Menon

Stock Markets

Royal Caribbean Lowers 2026 Profit Guidance, Cites Rising Fuel Costs Linked to Middle East Tensions

Royal Caribbean reduced its fiscal 2026 adjusted earnings outlook after projecting materially higher fuel expenses driven by elevated oil prices amid persistent Middle East tensions. The cruise operator said higher at-the-pump fuel costs, net of hedging, will add about $1.3 billion to its bill versus its previous forecast, even as it recorded a qua…

Apr 30, 2026

Ajmal Hussain

World

Lithuania's President Backs Proposal to Join US-Led Navigation Mission in Strait of Hormuz

Lithuanian President Gitanas Nauseda said he supports his country's participation in a U.S.-led effort to restore freedom of navigation in the Strait of Hormuz. He plans to bring the U.S. proposal to the State Defence Council and stressed that parliamentary approval would be required. The push by Washington comes as oil prices hit their highest lev…

Apr 30, 2026

Ajmal Hussain

Press Releases

Inseego to Hold Conference Call to Discuss Announced Acquisition of Nokia’s Fixed Wireless Access (FWA) Business and Strategic Partnership Today, April 30, 2026, at 8:30 a.m. ET

Inseego Corp. will hold a conference call to discuss its acquisition of Nokia's Fixed Wireless Access business, expected to double Inseego's revenue and expand its global wireless broadband platform. The deal also establishes a strategic partnership with Nokia focused on technology innovation and go-to-market collaboration for 6G and AI technologie…

INSG

Apr 30, 2026

Priya Menon

Stock Markets

Bombardier Posts 5% Revenue Gain as Aftermarket Services Drive Growth

Bombardier reported a 5% increase in first-quarter revenue, powered by a 25% jump in services revenue and one additional aircraft delivery versus last year. The company generated $360 million in free cash flow, marking its strongest Q1 in nearly 20 years, and raised its full-year 2026 free cash flow outlook to above $1 billion.

Apr 30, 2026

Sofia Navarro

Stock Markets

Merck records first-quarter loss after acquisition charge; product sales climb 5%

Merck reported a first-quarter loss after taking a one-time acquisition charge tied to Cidara Therapeutics, even as product sales grew 5% year-over-year. Quarterly revenue rose to $16.3 billion and exceeded the compiled Wall Street consensus. The company updated its 2026 guidance, narrowing the range and lifting the midpoint while excluding the exp…

Apr 30, 2026

Derek Hwang

Press Releases

CNH Industrial N.V. Reports First Quarter 2026 Results

CNH Industrial N.V. reported flat revenues of $3.8 billion in Q1 2026 compared to Q1 2025, with a significant 92% drop in net income to $10 million and diluted EPS of $0.01. The agriculture segment faced historically low North American demand and trade complexities, resulting in much lower adjusted EBIT. The company reaffirmed its full-year guidanc…

CNH

Apr 30, 2026

Ajmal Hussain

Stock Markets

Indian Equities Slip as Metals, Real Estate and PSU Stocks Weigh on Indexes

India's major equity indices closed lower on Thursday, with the Nifty 50 down 0.74% and the BSE Sensex 30 off 0.75%. Losses were concentrated in the Metals, Real Estate and Public Sector Undertakings sectors, while select large-caps including Bajaj Auto and Sun Pharmaceutical outperformed. Volatility rose and commodity and currency markets register…

Apr 30, 2026

Jordan Park

Press Releases

Inseego to acquire Nokia's Fixed Wireless Access business to create a global wireless broadband leader

Inseego announced an agreement to acquire Nokia's Fixed Wireless Access (FWA) CPE business, expected to double Inseego’s revenue and expand it into a global leader in wireless broadband. Nokia will hold an approximately 11% equity stake in Inseego following the acquisition. The companies plan joint innovation initiatives in 6G and AI-driven wireles…

INSG

Apr 30, 2026

Maya Rios

Press Releases

Gildan Reports Record First Quarter Revenue and Maintains its Full Year 2026 Guidance

Gildan Activewear Inc. reported a record first quarter net sales of $1.17 billion, a 63.8% increase year-over-year, driven by the full consolidation of HanesBrands results. Despite a GAAP loss per share from continuing operations, adjusted EPS was $0.43. The company is progressing well on integration synergies from the HanesBrands acquisition, expe…

GIL

Apr 30, 2026

Hana Yamamoto

Press Releases

Donegal Group Inc. Announces First Quarter 2026 Results

Donegal Group Inc. announced its Q1 2026 results showing a 4.9% decrease in net premiums earned to $221.4 million and net income falling 54.3% to $11.5 million compared to the prior year. The combined ratio increased to 99.8% from 91.6%, impacted by higher weather-related and large fire losses. Commercial lines premiums grew slightly, while persona…

DGICA

Apr 30, 2026

Nina Shah

Press Releases

Ducommun to Participate in BofA Securities 33rd Annual Industrials, Transportation & Airlines Key Leaders Conference

Ducommun Incorporated announced that its senior financial executives will present at the BofA Securities 33rd Annual Industrials, Transportation & Airlines Key Leaders Conference. The event will feature a general presentation and one-on-one investor meetings, with materials and a webcast accessible via the company's website. Ducommun specializes in…

DCO

Apr 30, 2026

Caleb Monroe

Stock Markets

ANA and JAL Flag Higher Fuel Bills from Middle East Conflict but See No Immediate Supply Shortage

Japan's two largest airlines, ANA Holdings and Japan Airlines (JAL), reported that the conflict in the Middle East has pushed jet fuel prices higher and left the outlook uncertain, but neither company sees signs of a near-term disruption to fuel supplies. ANA warned of a sizeable hit to costs this year despite hedging and potential offsets, while J…

Apr 30, 2026

Priya Menon

Press Releases

Red Cat to Deliver 173 Black Widow™ Drone Systems Under Japan Ministry of Defense Contract

Red Cat Holdings, Inc. announced a contract to deliver 173 Black Widow small unmanned aircraft systems to Japan's Ministry of Defense, specifically for use by the Japanese Army. Deliveries are scheduled under Japan Fiscal Year 2026 funding and include training and maintenance support through local partners. This contract strengthens Red Cat's prese…

RCAT

Apr 30, 2026

Nina Shah

Stock Markets

Deutsche Bank Ups ThyssenKrupp to Buy, Sees Roughly 50% Near-Term Upside

Deutsche Bank upgraded ThyssenKrupp AG to a 'buy' rating from 'hold' and raised its price target to €14.50 from €11, citing a more attractive risk/reward profile after the stock underperformed peers. The broker highlighted possible upside of about 50% to its base-case target and more than 100% in a best-case scenario, while noting ongoing volatilit…

Apr 30, 2026

Ajmal Hussain

Trade Ideas

Buy PDD on a Strategic Pullback: A Re-Entry into E-Commerce Scale and Cash Generation

PDD Holdings is back in the buy zone after a roughly 25% slide from its highs. The company still commands a sizeable addressable market via Pinduoduo and Temu, generated $15.3 billion in operating cash flow in 2025, and trades at a single-digit P/E. This trade idea outlines a long entry, explicit targets and stop, catalysts to watch, and the risks …

PDD

Apr 30, 2026

Nina Shah

World

Norwegian Committee to Review 287 Candidates for 2026 Nobel Peace Prize; Trump Among Likely Nominees

The Norwegian Nobel Committee will evaluate 287 submissions for the 2026 Nobel Peace Prize, including 208 individuals and 79 organizations, the committee's secretary said. U.S. President Donald Trump is likely to figure among nominees after several national leaders publicly declared nominations, though the committee cannot confirm. The secretary hi…

Apr 30, 2026

Priya Menon

Stock Markets

Delta Electronics Flags Rising Costs as AI Data Centre Demand Accelerates

Delta Electronics, a key supplier of power and cooling systems for AI data centres, said it anticipates rising costs in coming quarters due to higher oil prices and persistent material shortages, even as sales and gross profit climbed sharply on demand from AI-driven data centre builds. The company reported robust first-quarter results and said cap…

Apr 30, 2026

Derek Hwang

Press Releases

Sound Group Inc. Files 2025 Annual Report on Form 20-F

Sound Group Inc., a global AI-powered audio company listed on NASDAQ, announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025. The report includes audited consolidated financial statements and is accessible via the SEC and company investor relations websites. The company offers free hard copies to sharehol…

SOGP