Category: Latest News
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Shell (SHEL) beats first-quarter earnings estimates, reduces share buyback pace
Shell (NYSE:SHEL) reported adjusted earnings of $6.92 billion for the first quarter of 2026, surpassing analyst expectations of $6.36 billion and improving from $5.58 billion recorded during the same period a year earlier. The company said stronger contributions from trading and optimization activities within its Downstream and Renewables businesses, along with higher realized prices, improved…
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Arm beats expectations but shares fall on supply concerns for AI chip
Arm Holdings (NASDAQ:ARM) reported quarterly earnings and guidance that surpassed Wall Street expectations, while highlighting strong customer demand for its recently launched artificial intelligence-focused data center processor. Despite the upbeat results, U.S.-listed shares of the British semiconductor designer reversed sharp after-hours gains and fell 5% by 04:00 EST (08:00 GMT), after initially climbing as much…
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Snap shares tumble after geopolitical headwinds weigh on outlook
Snap Inc. (NYSE:SNAP) posted first-quarter results that topped analyst estimates, but the stock slid after the company warned that advertising revenue was pressured by the conflict in the Middle East and softer growth trends in North America. Its second-quarter revenue forecast also came in largely in line with Wall Street expectations. The company additionally revealed…
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AppLovin (APP) shares climb on earnings beat driven by advertising strength
AppLovin (NASDAQ:APP), the artificial intelligence-powered mobile advertising company, posted first-quarter revenue and earnings that exceeded Wall Street expectations, supported by continued strong demand for its advertising offerings and AI-enabled tools. The stock gained more than 2% in premarket trading Thursday following the results. The company operates a platform that powers digital advertising across mobile applications,…
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America’s Tungsten Wake-Up Call: Guardian Metal Resources Targets a Critical Supply Chain Gap
For years, tungsten has operated quietly in the background of the global economy, essential to defense systems, aerospace engineering, industrial manufacturing, and advanced technologies, yet rarely discussed outside specialist circles. That is changing fast. As the United States intensifies efforts to secure domestic critical mineral supply chains, tungsten is emerging as one of the most…
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Oil rebounds as markets assess uncertainty around Middle East peace efforts
Oil prices moved higher on Thursday, recovering part of the steep losses recorded in the previous session as traders evaluated the likelihood of a successful peace agreement in the Middle East. Brent crude futures rose 54 cents, or 0.5%, to $101.81 per barrel by 0615 GMT. U.S. West Texas Intermediate crude gained 45 cents, also…
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Gold extends rally for third session as Iran deal optimism pressures dollar
Gold prices moved higher for a third consecutive trading day on Thursday, supported by growing expectations of a potential peace agreement between the United States and Iran, while a softer U.S. dollar also boosted demand for the precious metal. Spot gold gained 1% to $4,736.61 an ounce by 02:55 ET (06:55 GMT). June U.S. gold…
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U.S. futures rise as investors focus on Iran peace prospects and oil volatility: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved modestly higher on Thursday as markets continued to react positively to signs that negotiations aimed at ending the conflict between the United States and Iran may be gaining momentum. Meanwhile, oil prices fluctuated around the $100-per-barrel mark, retreating from recent highs but remaining significantly above levels seen before the outbreak of…
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Iran Peace Hopes and Blockbuster Earnings Propel Wall Street to Fresh Records
Stocks surged on Wednesday as a one-two punch of geopolitical optimism and stellar earnings from the artificial-intelligence complex sent all three major indexes to record closes. Reports that the United States and Iran are nearing an agreement to restore trade through the Strait of Hormuz lifted sentiment across the board, while a batch of blowout…
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CEO Transition and Delayed SEC Filing Put Anavex (AVXL) Leadership Changes in Focus
Anavex appointed former clinical development executive Terrie Kellmeyer as interim CEO following the departure of longtime chief executive Christopher Missling, while also signaling a delay in its quarterly SEC filing. Key Investor Takeaways Why AVXL Stock Is in Focus Anavex Life Sciences Corp. (NASDAQ:AVXL) announced that its board of directors appointed former Senior Vice President…