Snack and beverage giant PepsiCo, Inc. (PEP) on Thursday reported that net income for the first quarter increased from last year, reflecting improved operating margins and revenue growth across all its operating segments. The performance was boosted by resilience of the International business and continued progress in North America.
Financial services firm Morgan Stanley (MS) reported Wednesday a net profit for the first quarter that increased 30 percent from last year, driven by 16 percent revenue growth and 27 percent lower provisions for credit losses. The firm also declared a quarterly dividend of $1.00 per share.
Drug major Johnson & Johnson (JNJ), while reporting sharply lower first-quarter profit despite sales growth, on Tuesday lifted fiscal 2026 earnings and sales forecast for fiscal 2026. The company also announced higher quarterly dividend. In pre-market activity, the shares were losing around 1.6 percent.
Singapore will on Friday release March figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In February, NODX was up 3.9 percent on month and 4.0 percent on year for a trade surplus SGD4.548 billion. Malaysia will provide preliminary Q1 figures for gross...
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.
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.
A resolutions that would block the transfer of select weapons to Israel has failed in the Senate for the fourth time. The resolutions, which aimed at limiting President Donald Trump's power to wage war against Iran, was rejected by 52 to 47 votes, mostly along party lines. Democrat Senator John Fetterman opposed the Bill, while Republican Senator Rand Paul voted for the measure, which would have
U.S. Central Command forces prepared to start clearing mines in the Strait of Hormuz, as two Navy destroyers conducted operations. The USS Frank E. Peterson and the USS Michael Murphy transited the strait and operated in the Persian Gulf as part of a broader mission to ensure the strait is fully clear of sea mines previously laid by Iran's Islamic Revolutionary Guards Corps. "Today, we began th
Veteran Prime Minister Viktor Orbán's 16 years of rule came to an end with the center-right Opposition Tisza party securing a landslide victory in Hungary's parliamentary election on Sunday. 62-year-old Orban conceded defeat, and congratulated Péter Magyar, leader of the Tisza party. Anti-European Union, pro-Russian Orban was also a close ally of U.S. President Donald Trump, who endorsed the n
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on hopes for an end to hostilities in the Middle East. Concerns remain about the fragility of any settlement as Tehran seems to be adamant with their nuclear program. Asian markets ended mostly higher on Thursday.
The Thai Stock market on Thursday ended the four-day winning streak in which it had advanced more than 50 points or 3.4 percent. The Stock Exchange of Thailand now sits just beneath the 1,490-point plateau although it's expected see renewed upward movement on Friday. The global forecast for the Asian...
The Indonesia stock market has finished lower in back-to-back sessions, sinking more than 70 points or 0.9 percent in that span. The Jakarta Composite Index now rests just above the 7,620-point plateau although it's likely to rebound on Friday. The global forecast for the Asian markets is cautiously...
Stocks may move to the upside in early trading on Thursday, extending the strong upward move seen over the past few sessions. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent. The markets may continue to benefit from...
The U.S. Government has intensified pressure on Iran's illicit oil transportation infrastructure by sanctioning more than two dozen individuals, companies, and vessels operating within the network of Iranian oil shipping magnate Mohammad Hossein Shamkhani. Shamkhani is the son of Ali Shamkhani, who...
CareDx, Inc. (CDNA) shares surged 27.97 percent to $22.48, gaining $4.91 on Thursday, likely driven by yesterday's news on $170 million divestiture agreement and strong preliminary first-quarter results.
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.
Renewed hopes of negotiations between the U.S. and Iran to end the Middle East war failed to support cryptocurrencies at Tuesday's levels.
President Donald Trump has made a scathing attack of Pope Leo XIV over his stance on the Middle East war and U.S. immigration policy. In a lengthy, strongly worded statement posted on Truth Social Sunday evening, he called Pope Leo "WEAK on Crime and terrible for Foreign Policy." The head of the Catholic church last week had openly denounced Trump's threat that "a whole civilization will die ton
While the geopolitical environment has become markedly more complex, especially with sustained U.S. and Israeli strikes and Iranian counterattacks through March, the regulatory landscape is also evolving, with several notable developments and a couple of first-of-their-kind measures emerging. Now let's take a look at the biotech stocks facing FDA decisions in April 2026.
The UK economy logged a robust growth in February before the outbreak of the war in the Middle East, which poses significant downside risks to outlook. Gross domestic product logged a monthly growth of 0.5 percent in February, outpacing the 0.1 percent expansion in January, the Office for National Statistics reported Thursday. Economists had forecast the growth to remain unchanged at 0.1 percent
China's economy grew more than expected in the first quarter but the war in the Middle East darkens prospects due to its heavy reliance on energy imports and supply side shocks. Gross domestic product expanded 5.0 percent on a yearly basis in the first quarter, the National Bureau of Statistics reported Thursday.
Reflecting economic uncertainty coupled with rising building material costs and interest rates, the National Association of Home Builders released a report on Wednesday showing a notable deterioration in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index slumped to 34 in April after inching up to 38 in March.
A report released by the Federal Reserve Bank of New York on Wednesday unexpectedly showed a moderate increase in New York manufacturing activity in the month of April. The New York Fed said its general business conditions index surged to a positive 11.0 in April from a negative 0.2 in March, with a positive reading indicating growth. Economists had expected the index to dip to a negative 2.0.
Exercising at a time that matches your body clock may help lower the risk of heart disease, especially in people who are already at risk, according to a recent study published in the open-access journal Open Heart. Researchers studied 150 people aged 40 to 60. They identified whether each person was...
A 63-year-old man from Norway, known as the 'Oslo patient,' has become one of the few people in the world whose HIV is no longer active for a long time after treatment. He received a stem cell transplant from his brother to treat a rare blood cancer. Later, doctors discovered that his brother had...
The U.S. Department of State announced the expansion of its partnership with Gilead Sciences and The Global Fund to increase access to lenacapavir (LEN), a breakthrough HIV prevention medication. LEN is a twice-yearly injectable medication, which has shown 99.9 percent effectiveness at preventing...
A large study in the United States found that the HPV vaccine can help prevent head and neck cancers within 10 years of getting the shot. During the study, researchers compared about 510,000 vaccinated males with the same number of unvaccinated males, aged 9 to 26, over up to 10 years. They found...
Google has rolled out its Gemini app for Apple macOS, providing a native desktop experience that boosts AI features for Mac users.
Starbucks has rolled out a beta version of an app within ChatGPT that makes it easier for customers to find and customize their drink orders with the help of generative AI.
OpenAI has started to offer limited access to its new AI model, GPT-5.4-Cyber, which is designed to pinpoint software vulnerabilities. This rollout comes just a week after Anthropic launched its own competing model, Claude Mythos Preview.
The Australian stock market is trimming its early losses in mid-market moves on Friday, following the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in gold miners and financial stocks partially offset by gains in energy and technology stocks.