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.
Malaysia's economy logged a softer growth in the first quarter, driven by weaker performance in key sectors, advance estimate from the Department of Statistics showed Friday. Gross domestic product logged an annual growth of 5.3 percent in the first quarter, which was slower than the 6.3 percent rise seen in the preceding quarter.
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.
UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg
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
Extending the strong upward move seen over the past several sessions, stocks moved sharply higher during trading on Friday. The Nasdaq and the S&P 500 once again reached new record closing highs, while the Dow reached its best closing level in almost two months. The major averages ended the day off their highs of the session but still posted strong gains.
European stocks closed on a strong note on Friday, buoyed by news that Iran has declared the Strait of Hormuz completely open to commercial traffic on the heels of the 10-day ceasefire between Israel and Lebanon.
Asian stocks ended mostly lower on Friday, snapping a three-day rally as investors sought more clarity regarding further developments in a potential U.S.-Iran peace deal ahead of the expiry of a two-week truce next week. The dollar headed for its second weekly loss, reflecting improving appetite for...
President Donald Trump expressed optimism about a permanent truce, the Wall Street is moving to a positive zone on Friday. Early trends from the U.S. Futures Index suggest that Wall Street might open higher. As of 7.55 am ET, the Dow futures were gaining 246.00 points, the S&P 500 futures were adding...
At 7:55 a.m. ET on Friday, premarket trading is seeing notable activity in several stocks (PBM, WSHP, JLHL, LZM), with early price movements signaling potential opportunities before the opening bell.
U.S. Transportation Secretary Sean P. Duffy and the Federal Aviation Administration have announced a new action to prevent widespread flight delays this summer at Chicago O'Hare International Airport, or ORD. The FAA's action - known as a scheduling reduction - limits daily operations to 2,708 flights...
Energy Focus, Inc. (EFOI) surged 266.99 percent to $7.67, gaining $5.58 on Friday, as investors reacted to the company's update on major data center projects and growing exposure to AI-driven infrastructure demand.
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.
Continued optimism over an approaching end to the U.S.-Iran war lifted overall cryptocurrency market capitalization in the past 24 hours.
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 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.
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 large study looked at ancient DNA from about 16,000 people who lived over the past 10,000 years in West Eurasia, and found that natural selection has influenced human genes much more than scientists once believed. By comparing DNA from ancient remains and over 6,000 people today, researchers found...
Health officials in San Francisco have confirmed the city's first case of a type of mpox called clade I, which is predicted to cause more serious illness than the type seen in the 2022 outbreak. The infected person is an unvaccinated adult who was hospitalized but is now getting better. Officials...
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...
The modern workforce increasingly relies on night shift schedules, especially in sectors such as healthcare, information technology, and manufacturing. While these schedules support a 24-hour global economy, they often come at a high biological cost. Thyroid disorders are among the most prevalent...
Microsoft is pulling back from the carbon removal market that it helped establish, putting a hold on new purchases of carbon removal credits, as sources close to the situation have indicated.
Netgear has made a significant move by becoming the first major consumer router maker to get an exemption from the U.S. government's new rules on foreign-made networking devices.
Painted Tree Boutiques has shut down all its store locations, including the one at Jefferson Pointe, just two years after they first opened.
The U.S. Dollar value slipped a little as near-term inflationary concerns ease up after Iran announces immediate reopening of the Strait of Hormuz, dispelling crude oil supply disruption concerns.