After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.
Air Products and Chemicals, Inc. (APD), Friday announced its plan to build, own and operate a new air separation unit or ASU in the City of Cocoa, Florida, to produce liquid oxygen, nitrogen and argon. The plant, targeted to be on stream in the second half of 2028, is expected to provide an ideal...
Stocks have moved mostly higher during trading on Friday, largely offsetting the weakness seen in the previous session. With the rebound on the day, the tech-heavy Nasdaq has reached a new record intraday high. Currently, the Nasdaq and the S&P 500 are just off their highs of the session.
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low. The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.
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...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.