Shares of Meta Platforms, Inc. (META) are regaining ground during Friday morning trading after moving down more than 2 per cent yesterday, following several media reports that the tech giant plans to cut 10 percent of its workforce, about 8,000 employees, starting May 20. Citing an internal memo,...
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
Shares of MaxLinear, Inc. (MXL) are surging about 67 percent on Friday morning trading, possibly due to the company's announcement yesterday regarding narrower loss in the first quarter. The company's shares are currently trading at $57.53 on the Nasdaq, up 67.65 percent. The stock opened at $53.70...
Ryde Group Ltd (RYDE), a Singapore-based ride-hailing and carpooling company, reported Friday a narrower net loss for its fiscal 2025 compared to prior year, as revenues increased. For the full year, net loss narrowed to S$17.79 million or S$0.40 per share from loss of S$18.45 million or S$0.87 per...
After ending the previous session mostly lower, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. A spike by shares of Intel (INTC) may generate early buying interest,...
Deluxe Corp. (DLX), a Minneapolis-based financial services technology and marketing company, on Friday, announced the appointment of Paul Garcia as independent Chair of its Board of Directors. Garcia has served on the board since 2020 and succeeds Cheryl Mayberry McKissack, who is retiring. Garcia...
European Institutions have agreed on a Roadmap to achieve "One Europe, one Market" by the end of 2027. Cyprus President Nikos Christodoulides, as the rotating Presidency of the Council of the European Union, European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen signed the "One Europe, One Market Roadmap On the sidelines of the Informal meeting of Hea
While reporting financial results for the first quarter on Friday, Western Union Co. (WU) reaffirmed its earnings, adjusted earnings and revenue growth guidance for the full-year 2026. For fiscal 2026, the company continues to project earnings in the range of $1.50 to $1.60 per share and adjusted...
The Procter & Gamble Company (PG), a major consumer goods company, on Friday reaffirmed annual guidance. For fiscal 2026, Procter & Gamble still expects net earnings per share to increase 1% to 6% from last year's $6.51 per share. The company continues to anticipate core earnings per share growth...
Wheels Up Experience Inc. (UP), an on-demand private aviation services provider, on Friday said Erik Snell, executive vice president and chief financial officer of its majority shareholder Delta Air Lines, Inc. (DAL), has been appointed to the board as a Delta designee, replacing Dan Janki. Snell,...
The U.S. Government has imposed sanctions on a Cambodian senator who controls scam compounds throughout the country, as well as 28 individuals and entities in his network, for defrauding Americans. The U.S. Department of the Treasury said Southeast Asian scam operators within this network have stolen...
Sensient Technologies (SXT) said, for 2026, it now expects high single-digit to double-digit growth in local currency adjusted EPS, updated from prior guidance of mid-single-digit to high single-digit growth. The company now expects high single-digit to double-digit growth in local currency revenue,...
Crude oil price continued rising on Friday amid President Donald Trump's statement that he authorized the U.S. military to "shoot and kill" Iranian boats laying mines in the Strait of Hormuz. Brent crude traded above $107 per barrel, increasing by 1.92 percent, while the US-traded WTI rose above $97. In a social media post on Thursday, Trump also said that U.S. forces will intensify efforts to r
SLB N.V. (SLB), an oilfield services and technology company, on Friday reported its net income declined in the first quarter compared with the previous year due to Middle East disruptions that curtailed activity across key segments, along with margin compression and weaker underlying performance. First...
While reporting financial results for the first quarter on Friday, HCA Healthcare, Inc. (HCA) reaffirmed its earnings and revenue guidance for the full-year 2026. For fiscal 2026, the company continues to project earnings in a range of $29.10 to $31.50 per share and revenues between $76.50 and $80.00...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.