European stocks were modestly higher in cautious trade on Wednesday, with Middle East tensions, upcoming Nvidia earnings and regional inflation data in focus. Bond remained under pressure as money markets factor in interest rate hikes from the European Central Bank and the Federal Reserve before...
As hedge fund tycoon George Soros once said, "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." The following biotech stocks were among the top gainers in Tuesday's trading session.
Samsung Electronics Co., Ltd. (SSNLF, 005930.KS, SMSN.L, 005935.KS) and Google unveiled AI-powered eyewear developed with fashion brands Gentle Monster and Warby Parker, marking the companies' first joint entry into the smart glasses market.
Consumer and producer prices reports from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for April. Consumer price inflation is forecast to ease to 3.0 percent in April from 3.3 percent in March.
European stocks may open on a sluggish note Wednesday, with Middle East tensions and upcoming Nvidia earnings likely to be in focus. After pausing military action to allow diplomacy, U.S. President Donald Trump said the United States could strike Iran within days if ongoing negotiations fail. Trump...
A federal jury in Oakland decided that Elon Musk took too long to take legal action against OpenAI and its CEO, Sam Altman, claiming that the organization had strayed from its original nonprofit goals.
Andrej Karpathy, a known figure in the field of artificial intelligence and a co-founder of OpenAI, has taken a position at Anthropic as the company ramps up its efforts in large language model research.
On May 19, Dunkin' is giving away 1 million free coffees to both customers and rewards members as part of a special one-day event.
Following the mixed performance seen in the previous session, the major U.S. stock indexes all moved to lower during trading on Tuesday. Stocks staged a recovery attempt in early afternoon trading but moved back to the downside going into the end of the day. The major averages all finished the day firmly in negative territory.
A new study published in the American Psychiatric Association journal suggested that giving a low dose of Buprenorphine after a single infusion of Ketamine helped reduce suicidal thoughts in adults with major depression for a longer time. The study included 50 adults with major depressive disorder...
Stocks have moved mostly lower over the course of the trading day on Tuesday, with the major averages all moving to the downside after ending yesterday's session mixed. The tech-heavy Nasdaq has shown a notable decline. Currently, the major averages are off their lows of the session but still in negative territory.
The National Association of Realtors released a report on Tuesday showing pending home sales in the U.S. jumped by more than expected in the month of April. NAR said its pending home sales index shot up by 1.4 percent to 74.8 in April after surging by 1.7 percent to an upwardly revised 73.8 in March. Economists had expected pending home sales to increase by 0.9 percent.
After ending the previous session well off their worst levels but still mostly lower, stocks may see further downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent. Technology stocks may see...
Oil prices eased as U.S. postponed a planned attack on Iran at the request of Qatar, Saudi Arabia and the United Arab Emirates. Gold fell toward $4,550 an ounce. Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Tuesday. As of 7.55 am ET, the Dow futures were...
UK Secretary of State for Culture, Lisa Nandy and Minister for Economic Transformation, Blair McDougall, will lead a delegation of 250+ strong business and cultural leaders to the United States to drive economic growth at a major expo, Greater Together LA. The mission will convene hundreds of business...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.