Category: Top Story
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Coinbase shares rise after company announces workforce reduction
Coinbase Global Inc. (NASDAQ:COIN) saw its shares climb more than 4% in premarket trading Tuesday after unveiling a restructuring plan that includes a sizable reduction in headcount. The cryptocurrency exchange said it will cut around 700 jobs, representing roughly 14% of its global workforce as of May 1, 2026. According to the company, the move…
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Wall Street Set for Rebound as Oil Prices Retreat Sharply: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are pointing to a stronger open on Tuesday, suggesting equities may recover some of the losses seen in the previous session. A key driver behind the improved sentiment is a sharp decline in oil prices. U.S. crude futures are down more than 3% after surging over 4% on Monday, easing pressure…
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Amazon Expands Logistics Offering to External Shippers; Transport Stocks Slide
Amazon.com Inc. (NASDAQ:AMZN) has rolled out its Amazon Supply Chain Services platform, opening up its logistics infrastructure to third-party shippers beyond its traditional marketplace sellers. Analysts at Stifel described the subsequent market reaction as excessive. The new service integrates Amazon’s freight network—including trailers, intermodal containers and air cargo capacity—with its fulfillment centers, distribution hubs and…
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Intel Shares Rise as Apple Explores Expanding Chip Supply Chain
Apple Inc. (NASDAQ:AAPL) has reportedly begun early-stage discussions with Intel Corporation (NASDAQ:INTC) and Samsung Electronics Co. Ltd. (USOTC:SSHNZ) over the potential production of core processors for its devices, according to a Bloomberg report citing sources familiar with the matter. The reported talks come as the iPhone maker looks to broaden its supplier base beyond long-standing…
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U.S.-Iran Ceasefire Under Pressure; AMD Earnings in Focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. indices edged higher on Tuesday, pointing to a potential rebound after the previous session was hit by renewed tensions around the Strait of Hormuz. Investor sentiment had been shaken by fresh attacks, as uncertainty persists over the stability of the fragile ceasefire between the U.S. and Iran. Washington continues efforts…
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Barksdale hits broad, high‑grade copper in early 2026 Sunnyside drilling
Barksdale Resources (USOTC:BRKCF) has kicked off its 2026 drilling campaign with a set of early results that underscore the scale and continuity of mineralization at its flagship Sunnyside Project in Arizona. Assays from the first four reverse circulation (RC) holes of the current program reveal multiple broad intervals of shallow, high‑grade copper‑zinc‑silver mineralization hosted within the…
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Middle East Tensions Drag Stocks Lower as Oil Surges
U.S. stocks kicked off the first full week of May on the back foot Monday, as a fresh flare-up in the Middle East sent crude oil prices sharply higher and rattled investor sentiment. The selloff came just days after the major averages wrapped up their strongest monthly performance in years, with the S&P 500 and…
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Stocks Steady Ahead of Monthly Jobs Report Amid Trump’s New Iran Warning: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction in early trading. Uncertainty about the situation in the Middle East may keep some traders on the sidelines after President Donald Trump said over the weekend that he…
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Apple Earnings Power S&P 500 and Nasdaq to Record Closes
Wall Street kicked off May on a split note Thursday, with the S&P 500 and Nasdaq Composite surging to fresh record closes while the Dow Jones Industrial Average lagged behind. The session was driven by a blowout earnings report from Apple and renewed optimism around easing geopolitical tensions in the Middle East — a combination…
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Tech Stocks Set to Extend Rally as Apple Crushes Estimates: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside following the rally seen over the course of the previous session. Apple (NASDAQ:AAPL) may help lead an extended advance on Wall Street, as the tech giant is surging by 3.6 percent in…