Market News
Latest news from Stock markets.
Why Are Bitcoin, XRP, Ethereum, and Solana Sliding This Week?
Just last week, Bitcoin ( CRYPTO: BTC ) was pushing $80,000, BTC ETFs were on their fourth straight positive week, and the Iran war ceasefire looked like it was finally holding.
...keep reeding on 247wallst.com
Lear: Not Ready To Buckle Up
Lear (LEA) faces muted revenue growth in 2026 despite improved profitability and strong backlog diversification. LEA's financials remain robust with net leverage at 0.98x and high free cash flow conversion, but industry TAM stagnation limits upside. Guidance implies only 1.5% sales growth for 2025; a post-Q1 guidance raise is possible but sustained top-line acceleration is needed for re-rating.
...keep reeding on seekingalpha.com
BioInvent to Host Two Key Opinion Leader Events Highlighting Progress Across Oncology Portfolio
Events will feature expert perspectives on BI-1808 in ovarian cancer and T‑cell lymphomas, and BI-1206 for the treatment of NHL LUND, SE / ACCESS Newswire / April 29, 2026 / BioInvent International AB ("BioInvent") (Nasdaq Stockholm:BINV), a leader in the discovery of novel immune‑modulatory antibodies, will host two Key Opinion Leader (KOL) events in the coming weeks, highlighting scientific and clinical progress across its BI-1808 and BI-1206 programs. Virtual KOL Event: BI‑1808 for the treatment of solid tumors BioInvent will host a virtual KOL event focused on BI-1808, the Company's novel anti‑TNFR2 antibody, and its potential role in the treatment of ovarian cancer.
...keep reeding on accessnewswire.com
Société BIC SA (BICEY) Q1 2026 Sales/Trading Call Transcript
Société BIC SA (BICEY) Q1 2026 Sales/Trading Call Transcript
...keep reeding on seekingalpha.com
Syrah Resources Limited (SRHYY) Q1 2026 Earnings Call Transcript
Syrah Resources Limited (SRHYY) Q1 2026 Earnings Call Transcript
...keep reeding on seekingalpha.com
Skandinaviska Enskilda Banken AB (publ) (SVKEF) Q1 2026 Earnings Call Transcript
Skandinaviska Enskilda Banken AB (publ) (SVKEF) Q1 2026 Earnings Call Transcript
...keep reeding on seekingalpha.com
Elicio Therapeutics: Hoping To Capitalize On Massive KRAS Hype, But Time Is Running Out
Elicio Therapeutics (ELTX) is approaching a pivotal trial readout for its KRAS peptide vaccine, positioning 2026 as a critical year for KRAS therapies. Imminent data from ELTX's pipeline could be a significant catalyst, despite ongoing concerns about the company's cash position. Financial overview highlights a looming cash crisis, underscoring the importance of upcoming clinical milestones for ELTX.
...keep reeding on seekingalpha.com
Mercedes inks deal with BNP to sell leasing business
Mercedes-Benz has signed a deal to sell its leasing subsidiary Athlon to France's BNP Paribas and is expected to free up hundreds of millions of euros in liquidity, the German company's finance chief said on Wednesday.
...keep reeding on reuters.com
Bladex Can Benefit From The Middle East Conflict Incrementing Trade Financing
Banco Latinoamericano de Comercio Exterior remains a Buy, with undervaluation supported by robust loan and fee business growth despite competitive margin pressure. BLX's commercial portfolio grew 13% YoY to $12B, while fee and commission income rose 24% YoY, offsetting modest NIM compression. Management guides for 13–15% commercial portfolio growth and NIM around 2.3%, with ROE expected at 14–15% and capital ratios trending toward 15–16%.
...keep reeding on seekingalpha.com
EU should seek access to Anthropic's Mythos, Bundesbank says
European banks need to be given access to Anthropic's latest artificial intelligence model, Mythos, if they are to shield themselves against the threat of cyberattacks powered by this new breed of programmes, one of Germany's top financial regulators told Reuters.
...keep reeding on reuters.com
Trading expert sets date when Palantir stock will crash to $115
A trading analyst has projected that shares of Palantir Technologies (NASDAQ: PLTR) could decline in the coming weeks, potentially extending the recent bearish run.
...keep reeding on finbold.com
Trump meets with oil executives as Iran stalemate drags on, Axios reports
U.S. President Donald Trump and his top officials met with oil and gas executives including Chevron CEO Mike Wirth at the White House on Tuesday to discuss the energy fallout of the Iran war and other topics, Axios reported on Wednesday.
...keep reeding on reuters.com
These Stocks Are Today's Movers: Seagate, Robinhood, Sandisk, Starbucks, and More
Seagate surges thanks to strong earnings, while Robinhood tumbles amid a monthslong Bitcoin slump.
...keep reeding on barrons.com
German cabinet approves health insurance reform to curb costs
Germany's cabinet approved a draft bill to reform the statutory health insurance system on Wednesday, aiming to save 16.3 billion euros ($19.08 billion) next year amid mounting costs.
...keep reeding on reuters.com
Spot crude premiums ease from record highs despite Hormuz closure
Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are drawing on inventories and cutting back processing to cope with lost Middle East supply, traders and analysts said.
...keep reeding on reuters.com
Nvidia Stock Struggles to Recover From OpenAI Panic. How AMD, Broadcom Are Trading.
Nvidia, AMD and Broadcom were hit by OpenAI concerns but the focus is now on Big Tech earnings.
...keep reeding on barrons.com
UK's biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies
Britain's largest drugmakers saw 2026 get off on a positive note, with AstraZeneca and GSK both reporting core earnings ahead of expectations on Wednesday The CEOs of a number of European pharma giants have recently said that Europe risks losing out on new medicines as drug prices in the U.S. market are tied to lower prices elsewhere under Trump's MFN policy.
...keep reeding on cnbc.com
FDV: Low Beta To Detract From Returns, Outperformance Unlikely To Last
Federated Hermes US Strategic Dividend ETF is an actively managed ETF targeting "high dividend-paying U.S. stocks with dividend growth potential." I maintain a Hold rating on FDV, as I expect its YTD edge over IVV to dissipate in the coming months. I currently favor GARP and quality factors and remain cautious about low volatility and value, and FDV is heavy in the latter two, which will restrain upside capture.
...keep reeding on seekingalpha.com
Thor Energy shares rise as the explorer looks to hydrogen and helium with a bolstered cash position
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) shares strengthened in Wednesday morning's trade, climbing 10% to 0.66p, as the small-cap's first quarter update highlighted a stronger cash position that provides headroom as it advances its natural hydrogen and helium exploration portfolio. The firm's cash balance rose to stand at A$3.31 million by the end of March, after completing the sale of the Molyhil Tungsten-Molybdenum Project.
...keep reeding on proactiveinvestors.co.uk
Best Income Stocks to Buy for April 29th
GLP, BP and EGO made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 29th, 2026.
...keep reeding on zacks.com
iQIYI Launches Variety Show "Voices of Youth", Putting China's First Pop Performance Choral Show on a Global Stage
BEIJING, April 29, 2026 /PRNewswire/ -- On April 24, iQIYI, China's leading online entertainment platform, launched "Voices of Youth", a brand-new variety show bringing together 25 young artists spanning vocalists, idol artists, crossover actors, and emerging musicians to form China's first pop performance choral show. Before its premiere, the show topped the Most Anticipated Variety Shows chart on Weibo, China's leading social media platform, multiple times and debuted simultaneously on iQIYI International across markets to strong reception.
...keep reeding on prnewswire.com
European Commission (EC) Approves Henlius and Organon's POHERDY® (pertuzumab), the First Approved Biosimilar to PERJETA (pertuzumab) in Europe
SHANGHAI, China & JERSEY CITY, N.J.--(BUSINESS WIRE)--European Commission approves Henlius and Organon's POHERDY® (pertuzumab), the first approved Biosimilar to PERJETA (pertuzumab) in Europe.
...keep reeding on businesswire.com
Lithia & Driveway (LAD) Reports First Quarter Results
Key Highlights Record first quarter revenues of $9.3 billion Used vehicle revenue increased 4.6% on a same store basis in the quarter Used retail GPUs increased 9%, or $133, sequentially Aftersales revenue increased 3.8%, gross profit increased by 5.7% and gross margin was 58.7%, a 100-basis point increase, on a same-store basis Driveway Finance Corporation achieved record originations of $840 million, with an 18.0% penetration rate and an average FICO score of 750 in the quarter First quarter diluted earnings per share of $4.28 and adjusted diluted earnings per share of $7.34 Repurchased $259 million of shares, representing 4.0% of outstanding shares in the quarter MEDFORD, Ore., April 29, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD), the largest global automotive retailer, today reported financial results for the first quarter of 2026.
...keep reeding on globenewswire.com
Wells Fargo's Long-Anticipated Wall Street Expansion Is Here
Freed from a regulatory cap, the bank is investing in trading.
...keep reeding on wsj.com
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel
Oil prices rose on Wednesday amid fears about prolonged shipping disruption through the strategically vital Strait of Hormuz. Brent crude futures briefly topped $115 per barrel, while WTI futures climbed above $103 per barrel.
...keep reeding on cnbc.com
META, MSFT, AMZN, GOOG head for 'biggest earnings day': why it matters
A pivotal moment for global markets is set to unfold as Alphabet, Amazon, Meta and Microsoft prepare to report earnings on the same day, offering a rare, concentrated look into the health of the artificial intelligence economy. The simultaneous results from the four technology giants, which together account for a significant share of the S&P 500, are expected to provide critical insight into whether the massive investments being poured into AI infrastructure are translating into sustainable growth.
...keep reeding on invezz.com
ClearPoint Neuro: Temporary Headwinds Don't Change The Long-Term Outlook
ClearPoint's stock has come under significant pressure in recent months following weaker 2026 revenue guidance and further regulatory uncertainty. Despite near-term headwinds, a step change in revenue remains likely as partner therapies are commercialized over the next few years. Independent of this, ClearPoint's forward revenue multiple looks increasingly reasonable given the company's strong competitive positioning and solid growth.
...keep reeding on seekingalpha.com
Meta Threatened With Major EU Fine For Failing To Block Underage Users From Facebook And Instagram
“Meta's own general conditions indicate their services are not intended for minors under 13. Yet, our preliminary findings show that Instagram and Facebook are doing very little to prevent children below this age from accessing their services,” Henna Virkkunen, the commission's executive vice president for Tech Sovereignty, said in an accompanying statement.
...keep reeding on forbes.com
New Strong Buy Stocks for April 29th
DVN, EGO, GLP, MUSA and BP have been added to the Zacks Rank #1 (Strong Buy) List on April 29th, 2026.
...keep reeding on zacks.com
BT 'may have provided inaccurate information' to Ofcom about customer experiences
Shares in BT Group PLC (LSE:BT.A) fell 2% to 211.5p after the telecoms wathdog opened a probe into whether the company had shared misleading accounts about how it was dealing with customers. Ofcom said it was investigating the FTSE 100 telecoms group over whether it failed to comply with legally binding requests for information.
...keep reeding on proactiveinvestors.co.uk
The Coiled Spring Effect: Why Modine's Gross Profit Signals Explosive Stock Upside
Modine Manufacturing is undergoing a strategic transformation from automotive radiators to high-margin liquid cooling solutions for AI data centers. MOD's data center segment achieved 78% organic sales growth, with gross profit outpacing revenue due to superior margins versus legacy automotive contracts. Current net profit is suppressed by aggressive capex and restructuring, but scaling and margin normalization are expected to drive significant future earnings growth.
...keep reeding on seekingalpha.com
Meta told it's violating EU law by not doing enough to keep children off Facebook and Instagram
The European Commission found that Meta is in violation of its Digital Services Act on Wednesday. In a preliminary investigation, it said the platform is failing to keep under-13s off its platforms.
...keep reeding on cnbc.com
Expand Energy: Excellent Q1 2026 Free Cash Flow After Winter Storm Fern
Expand generated approximately $1.7 billion in Q1 2026 adjusted free cash flow, helped by NYMEX natural gas averaging around $5. NYMEX gas strip is a bit over $3 during the rest of the year, but Expand is still projected to generate $1.47 billion FCF during that period. The strong Q1 free cash flow allowed Expand to redeem nearly $1.3 billion in debt and reduce its annual interest costs by over $80 million.
...keep reeding on seekingalpha.com
Alibaba Group Will Announce March Quarter 2026 and Full Fiscal Year 2026 Results on May 13, 2026
HONG KONG--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2026 before the U.S. market opens on Wednesday, May 13, 2026, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. All participants must pre-regi.
...keep reeding on businesswire.com
Is LG Electronics partnering with Nvidia on AI and robotics?
South Korean technology firm LG Electronics said on Wednesday that it has been in discussions with Nvidia over potential cooperation in robotics, AI data centres, and mobility. The development follows a visit by Madison Huang, a senior director for physical AI platforms at Nvidia, to LG Electronics and other South Korean companies, according to reports in Korean media.
...keep reeding on invezz.com
Taiwan chipmaker UMC sees 'headwinds' from Iran war, but predicts resilient demand
Taiwanese chipmaker UMC said on Wednesday that it continues to see resilient market demand despite "headwinds" from memory chip supply shortages and the impact of the war in Iran.
...keep reeding on reuters.com
Brown & Brown: No Significant Upside After 1Q26
Brown & Brown (BRO) remains fundamentally strong but is overvalued at current levels, warranting a 'Hold' rating. Despite robust M&A execution and insider alignment, BRO's premium valuation is unsupported by slowing organic growth and sector headwinds. I lower my price target to $58/share, reflecting reduced growth forecasts (7-8%) and increased sector risks, especially in flood insurance.
...keep reeding on seekingalpha.com
Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future
Russian Finance Minister Anton Siluanov said on Wednesday that the decision by the United Arab Emirates to leave OPEC will mean the oil-producing countries will boost production, bringing down global prices in the future.
...keep reeding on reuters.com
UK regulator probes BT over alleged failure to comply with information requests
Britain's communications regulator Ofcom said on Wednesday it had opened an investigation into whether BT Group failed to comply with legally binding requests for information.
...keep reeding on reuters.com
Broker repeats 'sell' on Lloyds despite strong first-quarter beat
Shore Capital has reiterated its 'sell' recommendation on Lloyds Banking Group PLC (LSE:LLOY) with a 91p target price, arguing that a strong first-quarter performance is already reflected in a share price that has gained 34% over the past year. The broker pointed out that the stock is trading at approximately 1.7 times first-quarter tangible net asset value, a level it considers stretched given the risks still facing the group.
...keep reeding on proactiveinvestors.co.uk
New Strong Sell Stocks for April 29th
SKFRY, AKZOY and ALG have been added to the Zacks Rank #5 (Strong Sell) List on April 29, 2026.
...keep reeding on zacks.com
Taiwan's ASE expects strong demand to boost advanced chip packaging sales in 2026
Taiwan's ASE Technology Holding , the world's largest chip packaging and testing provider, said on Wednesday it expected revenue from its leading‑edge advanced packaging business to rise 10% to more than $3.5 billion in 2026, as the company sees strong customer demand for AI chips.
...keep reeding on reuters.com
A.I. Helps Online Ad Businesses Boom
Google and Meta are enjoying a digital ad boom, as artificial intelligence automates marketing and drives record sales.
...keep reeding on nytimes.com
VEON and Kyivstar Fulfill Commitment to Invest USD 1 Billion in Ukraine over 2023-2027 Ahead of Schedule
Dubai, Kyiv and New York, April 29, 2026: VEON Ltd. (Nasdaq: VEON), a global digital operator and the parent company of Ukraine's leading digital operator Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), today announced that VEON and Kyivstar have fulfilled their 2023-2027 investment commitment to Ukraine ahead of schedule, exceeding the companies' USD 1 billion investment commitment by 30%.
...keep reeding on globenewswire.com
Yum China Reports First Quarter 2026 Results
Delivered 10% Revenue Growth and 12% Operating Profit Growth with Record Quarterly Net New Store OpeningsOP Margin Expanded Year Over Year for the Eighth Consecutive QuarterDiluted EPS Up 13%, or 11% Excluding Mark-to-Market and F/X ImpactOn Track to Return $1.5 Billion to Shareholders in 2026, Around 9% of Current Market Capitalization SHANGHAI, April 29, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter ended March 31, 2026. First Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X").
...keep reeding on prnewswire.com
Engineer Gold Mines Plans Drilling Program
April 29, 2026 – TheNewswire - Vancouver, BC, Canada – E ngineer Gold Mines Ltd. (the "Company") (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) announces that Management, along with Consultants, have completed an in-depth desktop review of its 100%-owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. This large property comprises 18,319 hectares covering a 25 kilometre long contiguous claim block and hosts the historic Engineer Gold Mine ( “Engineer” ), the Wann River Prospect ( “Wann” ), the TAG Property ( “TAG” ), and numerous additional mineral occurrences. Consolidated by the Company, for the first time in its rich 120-year-old history, the Engineer District hosts multiple styles of mineralization including high-grade epithermal gold-silver veins, polymetallic veins (Ag-Pb-Zn ± Au), and structurally controlled bulk tonnage style gold systems.
...keep reeding on thenewswire.com
Ooma AirDial Enhances Remote Device Management with New Monitoring, Visibility and Analytics Features
SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a leading provider of communications solutions for businesses and consumers, today announced new enhancements to its Remote Device Management (RDM) platform for Ooma AirDial®, a leading solution for POTS replacement, that deliver greater visibility, control and reliability for mission-critical analog devices. The latest updates, available through AirDial 2, introduce several new capabilities designed to help organizations better monit.
...keep reeding on businesswire.com
U.K. Enterprises Expand Governed Salesforce AI Adoption
LONDON--(BUSINESS WIRE)---- $III #AI--U.K. firms are expanding transformations of Salesforce environments as they adopt autonomous workflows and modernize customer operations, ISG says.
...keep reeding on businesswire.com
Dell's Shift Is Bigger Than The Rally Suggests
Dell has transitioned from a cyclical to a structural AI infrastructure player, with a $43B AI backlog and $64B AI order intake. FY2027 guidance implies ~$140 billion revenue and $50 billion AI servers, with growth largely backed by committed customer demand. ISG margins reached 14.8%, while higher-margin storage, networking, and services are expected to improve the overall profitability mix.
...keep reeding on seekingalpha.com
Mapletree Industrial Trust (MAPIF) Q4 2026 Earnings Call Transcript
Mapletree Industrial Trust (MAPIF) Q4 2026 Earnings Call Transcript
...keep reeding on seekingalpha.com
Best Value Stocks to Buy for April 29th
BP, DVN and GLP made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 29th, 2026.
...keep reeding on zacks.com