US President Donald Trump speaks during a health care affordability event in the Oval Office of White House in Washington, DC, on April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while” as a result of the Iran…
People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of Nike’s…
Earnings are dominating events in Europe on Thursday, with Nestlé, Nokia and L’Oréal all seeing strong gains, but oil prices gains are keeping a cap on investor sentiment. Transit through the Strait of Hormuz remains effectively closed, and the deadlock also continues to weigh on stocks across Asia, where Samsung Electronic shares closed at a fresh…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Citadel rebuked New York City Mayor Zohran Mamdani for singling out Chief Executive Officer Ken Griffin in a push for a new pied-à-terre tax, escalating a public dispute…
Former Manchester City and Argentina striker Sergio Aguero expressed his desire to see Neymar reunite with his former teammate in Major League Soccer. Aguero also provided an insight into when Lionel Messi will decide on his future at Inter Miami. The dream of a Neymar reunion Speculation has frequently linked Santos star Neymar with a…
Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Courtesy: Intel Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker…
American Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be anticompetitive. United CEO Scott Kirby floated the idea of a possible merger with American to a Trump administration official earlier this year, according to people familiar with the matter, eyeing a global expansion that could take…
Investors are starting to find value in an area of the market that not too long ago was heavily associated with growth: software. The group has struggled to keep up with the broader market in recent years. The iShares Expanded Tech-Software Sector ETF (IGV) tumbled 35.7% in 2022 and virtually matched the S & P…
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4…
U.S. President Donald Trump (C) speaks during an event on advancing health care affordability in the Oval Office of the White House on April 23, 2026 in Washington, DC. Alex Wong | Getty Images Regeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White…
