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UBER

Uber Bets $10 Billion on Robotaxis, Challenging Tesla and Waymo

Uber Technologies Inc. is pivoting its business strategy with a $10 billion investment in autonomous vehicles and robotaxis. The company will purchase...

VDE

Brent Crude Slumps 4.6%, Driven by U.S. Blockade of Iranian Ports

Global petroleum markets are experiencing extreme volatility due to a U.S. naval blockade of Iranian ports. This military action disrupts the Strait of Hormuz,...

Thomson Reuters sued by former editor, alleging retaliation for ICE protest
TRI

Thomson Reuters sued by former editor, alleging retaliation for ICE protest

A former senior attorney editor filed a wrongful termination lawsuit against Thomson Reuters in the U.S. District Court for the District of Oregon. The...

Amazon acquires Globalstar for $11.6B to challenge Starlink and power iPhones
XLY

Amazon acquires Globalstar for $11.6B to challenge Starlink and power iPhones

Amazon signed a definitive agreement to acquire satellite operator Globalstar for approximately $11.6 billion. The cash-and-stock transaction strengthens...

VGT

ASML raises sales forecast to €40 billion, driven by AI demand

ASML Holding NV reported strong Q1 2026 results and increased its annual sales guidance. The company now expects full-year sales between €36 billion and €40...

SNAP

Snap Slashes Workforce by 20% for AR Pivot, Stock Jumps

Snap Inc. is preparing to cut 15% to 20% of its total workforce. The restructuring aims to separate the core Snapchat business from the Specs augmented...

First Solar jumps, on reports China may restrict solar tech exports
FSLR

First Solar jumps, on reports China may restrict solar tech exports

First Solar (FSLR) shares rose 3.5% in pre-market trading. The gain follows a Reuters report that China is considering restrictions on advanced solar...

Amazon and Microsoft face Virginia backlash, driven by energy cost concerns
AMZN

Amazon and Microsoft face Virginia backlash, driven by energy cost concerns

A Washington Post-Schar School poll reveals that only 35% of Virginia voters are now comfortable with new data center construction. This figure represents a...

PGR

Progressive's first quarter 2026 earnings beat estimates, driven by a better-than-expected combined ratio of 86.4%.

Progressive reported first quarter 2026 net premiums earned of $21.0 billion and diluted EPS of $4.80. The company's combined ratio of 86.4% indicated stronger...

ASML crowns South Korea top market, fueled by AI memory demand
ASML

ASML crowns South Korea top market, fueled by AI memory demand

ASML reported that South Korea became its largest market in the first quarter of 2026. South Korea accounted for 45% of net system sales during the...

Appoints Christina Kosmowski as New CEO of Moody's Analytics Division
MCO

Appoints Christina Kosmowski as New CEO of Moody's Analytics Division

Moody's Corporation announced the appointment of Christina Kosmowski as the new Chief Executive Officer of its Moody's Analytics division, effective in June...

BMNR

BMNR Publishes Executive Chairman's Presentation from Paris Blockchain Week

Bitmine Immersion Technologies, Inc. disclosed a presentation delivered by Executive Chairman Tom Lee at the Paris Blockchain Week conference on April 15,...

USO

China Agrees to Halt Weapon Shipments to Iran Following Trump Announcement

President Donald Trump announced that China has formally committed to ending the export of military weaponry to Iran. This agreement establishes a new...

US Futures Flat Ahead of Key Earnings, Economic Data
Market

US Futures Flat Ahead of Key Earnings, Economic Data

U.S. stock futures indicate a quiet and mixed open for the market, following varied sessions in Asian and European markets. Investor attention is turning...

Morgan Stanley's first quarter 2026 results beat estimates, driven by strength in Investment Banking and Wealth Management.
MS

Morgan Stanley's first quarter 2026 results beat estimates, driven by strength in Investment Banking and Wealth Management.

Morgan Stanley reported first quarter 2026 net revenues of $20.6 billion, a 16% increase year-over-year, with diluted EPS of $3.43, up from $2.60 a year ago....

EU Debuts Age Verification App, Standardizing Online Safety for Minors
META

EU Debuts Age Verification App, Standardizing Online Safety for Minors

The European Union unveiled an open-source application to standardize age verification across online platforms. This initiative operates under the Digital...

ETOR

eToro to Acquire Crypto Wallet Provider Zengo for Approximately $70 Million

Trading and investment platform eToro has agreed to acquire Zengo, a self-custodial crypto wallet provider, for approximately $70 million. The acquisition is...

Spotify Launches Physical Book Sales in US & UK, Expands Key Audiobook Feature
SPOT

Spotify Launches Physical Book Sales in US & UK, Expands Key Audiobook Feature

Spotify has officially launched its feature for purchasing physical books within its app for users in the U.S. and U.K.. The service is powered by a...

Bank of America's first quarter 2026 EPS of $1.11 beat estimates, driven by strong trading and investment banking revenue.
BAC

Bank of America's first quarter 2026 EPS of $1.11 beat estimates, driven by strong trading and investment banking revenue.

Bank of America reported first quarter 2026 revenue of $30.3 billion, up 7% year-over-year, and diluted EPS of $1.11, up 25% year-over-year. The results were...

PNC

PNC first quarter 2026 EPS beats as Net Interest Income grows 6% to $4.0 billion.

PNC reported first-quarter 2026 revenue of $6.17 billion, slightly missing analyst estimates of $6.21 billion, while diluted EPS of $4.13 beat expectations of...