Stocks fluctuated over the course of the trading session on Thursday but largely maintained a positive bias before ending the day moderately higher. The Nasdaq and the S&P 500 added to the strong gains posted over the few days, reaching new record closing highs. The major averages all finished the day in positive territory.
After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Thursday. The major averages have all moved to the upside, with the Nasdaq and the S&P 500 reaching new record intraday highs. Currently, the major averages are posting modest gains.
Thursday, Stellantis N.V. (STLA) announced a strategic partnership with Microsoft Corporation (MSFT) to advance the company's digital transformation through the co-development of advanced AI, cybersecurity and engineering capabilities. The collaboration would integrate Stellantis' automotive engineering...
The Boeing Company (BA), along with its subsidiary Millennium Space Systems, Thursday announced the decision to expand space production capacity and broaden their satellite portfolio to help government and commercial customers field capability faster and with greater flexibility. Under this plan,...
Westamerica Bancorp. (WABC), Thursday announced 11.9 percent decline in first quarter earnings compared to the prior year. Currently, shares are at $53.43, up 0.13 points or 0.24 percent. The parent of the Westamerica Bank reported first quarter earnings of $27.36 million, down from $31.04 million...
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.
Stock of Main Street Capital Corporation (MAIN) is moving down about 4 percent on Thursday morning trading after announcing its preliminary operating results for the first quarter of 2026. The company's stock is currently trading at $55.19, down 4.57 percent or $2.64, over the previous close of $57.83...
The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected surge by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity spiked to 26.7 in April from 18.1 in March, with a positive reading indicating growth. Economists had expected the index to decrease to 10.0.
Harbour BioMed (2142.HK,HBMHF), a biopharmaceutical company, on Thursday announced the appointment of Adam Zong as its new President. Zong brings more than 20 years of global biopharma leadership experience. Zong joins from Arc Nouvel Clinical Development Consulting where he served as Principal...
Shares of Aehr Test Systems, Inc. (AEHR) are climbing about 18 percent on Thursday morning trading after the company secured a $41 million follow-on production order from its lead hyperscale customer for package-level burn-in of custom AI processor ASICs. The company's shares are currently trading...
Shares of Abbott Laboratories (ABT) are falling about 4 percent on Thursday morning trading after the company announced a decline in first-quarter earnings to $1.07 billion, or $0.61 per share, from last year's $1.32 billion, or $0.76 per share. The company's stock is currently trading at $97.21,...
American Express Co. (AXP) announced Thursday that it has entered into an agreement to acquire Hypercard, an AI-powered expense management platform, adding to its AI expertise and capabilities across its commercial services business. Hypercard's team of AI experts will help American Express continue...
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 11th. The Labor Department said initial jobless claims fell to 207,000, a decrease of 11,000 from the previous week's revised level of 218,000. Economists had expected jobless claims to edge down to 215,000.
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production...
Transocean Ltd. (RIG), provider of offshore contract drilling services for oil and gas wells, on Wednesday announced that it has secured a new 390-day contract for the ultra-deepwater drillship Deepwater Asgard. "The estimated 390-day campaign is expected to commence in the fourth quarter of 2026 and contribute approximately $158...
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.