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Finance News — Page 299

S&P 500 Hits Record High as Oil Prices Fall

S&P 500 Hits Record High as Oil Prices Fall

The S&P 500 closed at a fresh record high while the Nasdaq continued its longest winning streak since 1992, both lifted by a drop in oil prices and solid earnings reports. CNBC, Yahoo Finance and Bloo

Google News Business · 5mo ago
S&P 500 Hits Record on Falling Oil, Tech Rally

S&P 500 Hits Record on Falling Oil, Tech Rally

The S&P 500 and Nasdaq closed at record highs as falling oil prices and strong earnings fueled investor confidence, with tech stocks leading the rally across major indexes.

Google News Business · 5mo ago
Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

Ford has revealed its hidden UEV platform, promising a $30,000 midsize electric pickup to turn its EV losses into profit by 2029. The move comes as Chinese automakers pressure the US market and Tesla

CNBC · 5mo ago
Traders Bet Bullish Options on OXY Before Earnings

Traders Bet Bullish Options on OXY Before Earnings

Traders are loading bullish options on Occidental Petroleum as its stock, backed by Berkshire Hathaway’s 27% stake, races 42% YTD ahead of earnings. With call volume outpacing puts 7‑to‑1 and a $175k

CNBC · 5mo ago
Central banks raise rates, risk recession over Iran oil

Central banks raise rates, risk recession over Iran oil

Amid Iran’s oil shock driving global energy prices higher, analysts warn that central banks’ instinct to hike rates risks sparking a recession, while Asian economies scramble to absorb uneven costs an

CNBC · 5mo ago
Bitcoin Breaks $81K, Analysts Debate Supercycle

Bitcoin Breaks $81K, Analysts Debate Supercycle

Bitcoin broke $81,000, reigniting a clash between analysts who see a fleeting bear‑market rally and those who argue a new supercycle is underway. While PlanC envisions a $250k peak by 2027‑28, Pentosh

Cointelegraph · 5mo ago
Cramer's 10 Stock Picks for Tuesday

Cramer's 10 Stock Picks for Tuesday

Cramer's Tuesday watchlist spotlights a market rally fueled by falling oil and solid earnings, with duPont, SanDisk and Eli Lilly leading gains while Eaton and Norwegian Cruise stumble amid geopolitic

CNBC · 5mo ago
HSBC Profit Misses on $1.3B Credit Losses, UK Fraud

HSBC Profit Misses on $1.3B Credit Losses, UK Fraud

HSBC Holdings reported quarterly profit that missed analyst estimates after booking $1.3 billion in expected credit losses, including a $400 million charge tied to a fraud-related UK securitization ex

Google News Business · 5mo ago
Shopify Operating Profit Light As Revenue Edges By Estimates. Shares Fall. - Investor's Business Daily

Shopify Operating Profit Light As Revenue Edges By Estimates. Shares Fall. - Investor's Business Daily

Shopify posted a modest operating profit and revenue that barely beat analysts’ estimates, prompting a drop in its stock price. Yet the platform’s merchants collectively surpassed $100 billion in Q1 g

Google News Business · 5mo ago
Palantir Q1 Revenue Up 85% but Shares Fall

Palantir Q1 Revenue Up 85% but Shares Fall

Palantir posted an 85% jump in Q1 revenue and lifted its outlook, but the stock slid as investors stayed cautious. At the same time, rivals Anthropic and Google are accelerating AI rollouts in finance

Google News Business · 5mo ago
Bitcoin tops $80,000 as altcoins rally and risk appetite returns

Bitcoin tops $80,000 as altcoins rally and risk appetite returns

Bitcoin surged past $80,000, pulling the broader crypto market higher as altcoins like ADA and TON saw record futures interest and buying pressure. The rally coincides with a risk‑on wave in equities,

CoinDesk · 5mo ago
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HSBC Takes $400 Million Hit From Private-Credit Alleged Fraud - WSJ

HSBC disclosed a $400 million charge tied to alleged fraud in its private‑credit arm, slashing its first‑quarter pre‑tax profit below forecasts. The loss triggered a share dip and prompted analysts to

Google News Business · 5mo ago
HSBC takes $1.3B in Q1 credit charges, shares fall 5%

HSBC takes $1.3B in Q1 credit charges, shares fall 5%

HSBC's Q1 earnings included $1.3B in credit impairments — partly from a UK 'idiosyncratic fraud' and partly from Middle East conflict — while the bank sketched a worst-case scenario of 35% market loss

MarketWatch · 5mo ago
Morgan Stanley: Earnings, Not Oil, Power Rally

Morgan Stanley: Earnings, Not Oil, Power Rally

Morgan Stanley chief investment officer Mike Wilson argues that robust, broad-based earnings growth — not oil prices or interest rates — is the primary engine driving the ongoing U.S. stock market ral

MarketWatch · 5mo ago
PSU Banks Offer Seniors 7.10% Fixed Deposit Returns

PSU Banks Offer Seniors 7.10% Fixed Deposit Returns

Public sector banks are offering senior citizen fixed deposits at rates up to 7.10% in May 2026, providing a low‑risk hedge against rising inflation and a market index down 2.11%. The data, compiled b

Mint · 5mo ago
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Iran Tensions Push Asian Shares Down, Oil Prices Fall

Iran’s heightened maritime pressure, including ordering Indian vessels to abort passage through the Strait of Hormuz, sparked a sell‑off in Asian equity markets and pulled oil prices lower. The tensio

Google News Business · 5mo ago
U.S. Treasury 30‑Year Yield Near 18‑Year High

U.S. Treasury 30‑Year Yield Near 18‑Year High

Massive Treasury sell‑offs have pushed the 30‑year yield to the brink of an 18‑year high, pulling it back into Wall Street’s danger zone. Bloomberg, CNBC, Yahoo Finance and BeInCrypto all flag that in

Google News Business · 5mo ago
Bitcoin crosses $81,000, ETH, SOL, DOGE steady as options desks bid on further price jump

Bitcoin crosses $81,000, ETH, SOL, DOGE steady as options desks bid on further price jump

Bitcoin broke $81,000, its highest since January, as options traders piled on cheap upside bets while Iran’s missile claim and Trump’s $20 billion legal showdown kept geopolitical risk high. The rally

CoinDesk · 5mo ago
RBA Hikes to 4.35%, Signals More Rate Increases

RBA Hikes to 4.35%, Signals More Rate Increases

The Reserve Bank of Australia raised its policy rate to 4.35% — its third consecutive hike — while warning that inflation will stay above target and signaling further rate increases are on the horizon

Google News Business · 5mo ago
GameStop slides 10% as CEO dodges eBay bid questions

GameStop slides 10% as CEO dodges eBay bid questions

GameStop shares dropped more than 10% after CEO Ryan Cohen repeatedly dodged CNBC questions about how the video game retailer would finance its surprise $55.5bn unsolicited bid for eBay, a company wor

Google News Business · 5mo ago

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