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United Airlines Cuts 2026 Outlook as Fuel Costs Climb
Shares of United Airlines (NASDAQ:UAL) edged 1.2% higher in premarket trading on Wednesday, even after the carrier lowered its full-year earnings forecast, citing rising fuel costs driven by the Iran conflict. The airline now expects adjusted earnings for 2026 to come in between $7 and $11 per share, down from its previous guidance of $12…
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Adobe Unveils $25bn Buyback, Shares Move Higher
Shares of Adobe Inc (NASDAQ:ADBE) rose more than 2% in premarket trading on Wednesday after the company introduced a new share repurchase programme worth up to $25 billion. The buyback initiative, which is set to run through April 2030, comes as the Photoshop developer looks to bolster investor confidence amid growing concerns over the impact…
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Oil Holds Near $100 as Hormuz Disruptions Persist Despite Ceasefire Extension
Oil prices remained close to the $100 mark on Wednesday, as ongoing supply disruptions in the Strait of Hormuz kept markets tense despite U.S. President Donald Trump announcing an indefinite extension of the ceasefire with Iran. Brent crude, the global benchmark, rose 0.6% to $99.07 a barrel, while U.S. West Texas Intermediate gained 0.6% to…
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Trump Extends Iran Ceasefire; United Margins Under Pressure — What’s Driving Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. equity indices moved higher after U.S. President Donald Trump announced an extension of the Iran ceasefire just ahead of its expiration. However, continued disruption to shipping through the Strait of Hormuz is keeping oil prices elevated, while rising fuel costs are weighing on airline profitability, including at United Airlines (NASDAQ:UAL).…
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Ceasefire Uncertainty and Apple CEO Shakeup Pull Stocks Lower
U.S. stocks closed in the red on Tuesday as investors weighed the looming expiration of the U.S.-Iran ceasefire, a surprise leadership change at Apple, and the Senate confirmation hearing for Federal Reserve chair nominee Kevin Warsh. While a blockbuster earnings report from UnitedHealth Group provided a bright spot, it was not enough to offset broader…
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US Retail Sales Surge 1.7% in March, Topping Forecasts as Consumer Spending Rises
The Commerce Department released a report on Tuesday showing retail sales in the U.S. surged by more than expected in the month of March. The report said retail sales shot up by 1.7 percent in March after climbing by an upwardly revised 0.7 percent in February. Economists had expected retail sales to jump by 1.4…
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U.S. Stocks Set to Rebound as Strong Retail Sales and Earnings Boost Sentiment: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq index futures are currently pointing to a higher open on Tuesday, with stocks likely to move back to the upside following the modest pullback seen in the previous session. A positive reaction to some of the latest earnings news may contribute to early strength on Wall Street even as…
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The Uranium Renaissance: Cameco, Rio Tinto, and the Hidden Gem Stallion Uranium
Cameco: Integrated Market Leader Cameco is considered the backbone of the Western uranium supply. For years, the company has benefited from mines such as McArthur River and Cigar Lake in the Athabasca Basin. These offer high grades and thus attractive margins. The numbers speak for themselves: an adjusted EBITDA of approximately USD 1.4 billion for…
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Renewed Iran Tensions and Rising Oil Prices Weigh on Wall Street
U.S. stocks slipped on Monday as renewed geopolitical friction between the United States and Iran rattled investor confidence and sent crude oil prices sharply higher. Just days after Friday’s relief rally — fueled by optimism that the Strait of Hormuz was reopening to commercial traffic — the situation reversed over the weekend when the U.S.…
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BofA Flags Three Sectors to Buy, One to Sell After Iran Shock
Bank of America strategist Michael Hartnett is advising investors to position for gains in commodities, Chinese equities, and U.S. consumer discretionary stocks, while taking a negative stance on the U.S. dollar. The strategy reflects ongoing trade tensions, concerns over U.S. fiscal stability, and a broader shift away from American assets. Hartnett highlights commodities as a…