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Finance News Summary Today — Page 110

Stock market, bitcoin, oil prices and economic news — daily finance summary

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OpenAI Misses Revenue Targets as Oil Futures Jump

Oil futures surged as earnings from major tech and energy firms lifted market sentiment, while OpenAI stumbled, missing its revenue and user targets and scrambling to shift 10 Prism engineers to Codex

Google News Business · 2mo ago
Asia-Pacific markets trade mixed after OPEC shock, tech jitters drag Wall Street lower

Asia-Pacific markets trade mixed after OPEC shock, tech jitters drag Wall Street lower

Wall Street slipped as OpenAI’s revenue miss rattled tech sentiment, while the UAE’s May 1 exit from OPEC added oil‑market uncertainty. In Asia, the Hang Seng rallied 1.2% even as China’s CSI 300 fell

CNBC · 2mo ago
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Nvidia Shares Fall, Stocks Slip, OpenAI Misses Revenue

Nvidia’s shares slipped as chip stocks feel pressure, while OpenAI fell short of its revenue and user growth goals, prompting a reallocation of 10 Prism engineers to the Codex team. Meanwhile, Oracle

Google News Business · 2mo ago
Oracle Shares Fall as OpenAI Misses Revenue Targets

Oracle Shares Fall as OpenAI Misses Revenue Targets

Oracle shares fell after OpenAI missed its revenue targets, intensifying scrutiny of the AI partnership and causing a pullback in Oracle’s stock, even as the cloud provider continues to build data cen

Google News Business · 2mo ago
Robinhood stock falls 8% after big earnings miss due to weak crypto trading revenue

Robinhood stock falls 8% after big earnings miss due to weak crypto trading revenue

Robinhood’s Q1 earnings missed expectations as crypto trading revenue collapsed 47% to $134 million, while a boom in prediction‑market contracts lifted total revenue 15% to $1.07 billion. The drop ref

CoinDesk · 2mo ago
Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earnings - Reuters

Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earnings - Reuters

Nasdaq and the S&P 500 slipped as renewed worries about AI growth and upcoming big‑tech earnings dampened sentiment, Reuters reported. While OpenAI missed its sales and user targets, Yahoo Finance not

Google News Business · 2mo ago
Paul Tudor Jones Names Bitcoin Best Inflation Hedge

Paul Tudor Jones Names Bitcoin Best Inflation Hedge

Paul Tudor Jones argues Bitcoin is the premier inflation hedge, a view amplified as Bitcoin slides to about $76,000 after Iran‑related tension while the S&P 500 remains above 7,100, echoing dot‑com‑er

CoinDesk · 2mo ago
Bill Ackman hits lowest end of target in second IPO push - Financial Times

Bill Ackman hits lowest end of target in second IPO push - Financial Times

Bill Ackman's Pershing Square Inc. launched a second public offering at the low end of its price target, raising $5 billion for a permanent capital plan. The dual IPO, aimed at individual investors, r

Google News Business · 2mo ago
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Starbucks Raises Full‑Year Outlook After Earnings Beat

Starbucks beat Q2 earnings and revenue expectations, prompting the company to lift its full‑year guidance and send its Nasdaq‑listed shares sharply higher. The rebound in U.S. comparable sales, highli

Google News Business · 2mo ago
Red-hot Corning shares slide on earnings. Why that's a gift to investors

Red-hot Corning shares slide on earnings. Why that's a gift to investors

Corning posted an 18% revenue jump and a 30% EPS rise, beating forecasts, while sealing two new long‑term AI supply deals that mirror its $6 billion Meta contract. The stock, up 92% YTD, slumped over

CNBC · 2mo ago
Jamie Dimon warns bond crisis as global debt spikes

Jamie Dimon warns bond crisis as global debt spikes

JPMorgan CEO Jamie Dimon warned that soaring global sovereign debt could trigger a bond market crisis, urging policymakers to act before markets intervene. His caution follows recent headlines highlig

CNBC · 2mo ago
S&P 500 slides, Nasdaq dips after OpenAI report

S&P 500 slides, Nasdaq dips after OpenAI report

OpenAI’s latest earnings miss rattled the tech market, knocking chip‑heavy stocks and halting the Nasdaq’s longest winning streak since 1992. The S&P 500 slipped from its record high but stayed just a

Google News Business · 2mo ago
DeFi United Unveils Plan to Restore rsETH After $300M Exploit

DeFi United Unveils Plan to Restore rsETH After $300M Exploit

DeFi United has released a step-by-step recovery plan to restore the backing of rsETH and unwind bad loans on Aave after an April 18 bridge exploit on Kelp DAO created roughly 116,500 unbacked tokens

CoinDesk · 2mo ago
'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026

'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026

Early Bitcoin pioneer Michael Terpin warns the market hasn’t bottomed, eyeing a $57,000 dip in October and ruling out a new all‑time high before 2026. Meanwhile, bullish analysts point to February’s $

CoinDesk · 2mo ago
AML Fines Eclipse Securities as Crypto's Top Regulatory Risk

AML Fines Eclipse Securities as Crypto's Top Regulatory Risk

AML enforcement eclipsed securities violations as crypto's top regulatory risk in 2025, with European AML fines surging 767% and sanctions-related volume tied to Russia-linked networks growing over 40

Cointelegraph · 2mo ago
Spotify Shares Drop 13% After Weak Guidance

Spotify Shares Drop 13% After Weak Guidance

Spotify posted an 8% revenue rise and a 12% jump in monthly active users, beating estimates, but its muted subscriber and operating‑income guidance fell short of Wall Street expectations, sending the

CNBC · 2mo ago
S&P 500 Futures Slip, Nasdaq Futures Slide on Oil

S&P 500 Futures Slip, Nasdaq Futures Slide on Oil

Oil prices surged after Iran shut the Strait of Hormuz, pushing futures higher. At the same time OpenAI moved 10 Prism engineers to Codex, a shift that dragged both Nasdaq and S&P 500 futures down, le

Google News Business · 2mo ago
Bitcoin's Next Move Hinges on $82K CME Gap as Earnings, FOMC Loom

Bitcoin's Next Move Hinges on $82K CME Gap as Earnings, FOMC Loom

After Iran’s Hormuz blockade drove Bitcoin down to $76k, the cryptocurrency now eyes the $82k CME gap. Big‑tech earnings and the Fed’s policy decision will drive its next move toward $90k.

Decrypt · 2mo ago
Eric Trump’s ABTC Crypto Venture Called Disaster

Eric Trump’s ABTC Crypto Venture Called Disaster

Forbes and other outlets have labeled Eric Trump’s ABTC crypto venture a disaster, saying it left investors with heavy losses. Trump responded by slamming the reporting as a disgrace and even calling

Google News Business · 2mo ago
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Seeking Alpha: 6 Investor Trends to Watch

Seeking Alpha outlines six key trends investors should monitor as the market shows a déjà vu of past cycles, while Business Insider flags five signs that prices are drifting from fundamentals. Togethe

Google News Business · 2mo ago

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