Stocks may move to the upside in early trading on Thursday, with the tech-heavy Nasdaq poised to add to the strong gain posted in the previous session. The major index futures are currently pointing to a higher open for the markets, as the S&P 500 futures are up by 0.3 percent. Tech stocks may extend...
Economic announcements and Fed Speeches might be on focus on Thursday. Investors are analyzing the US-China summit in Beijing and the reflections on the Middle East conflict. Oil prices traded higher on Thursday, while the International Energy Agency warned that global oil inventories are falling...
A leader of the Eastern European neo-Nazi group Maniac Murder Cult, Michail Chkhikvishvili, has been sentenced to 15 years in prison for soliciting hate crimes and planning mass casualty attack in New York City. Chkhikvishvili, a Georgian national also known as "Commander Butcher," was sentenced by...
Music superstars Shakira, Madonna and K-pop band BTS will perform at the World Cup foorball championship final's halftime show in July. This was announced by FIFA in an Instagram post on Thursday. "The world's biggest stage. An even bigger purpose. On July 19, the FIFA World Cup 2026 Final Halftime Show is coming to New York New Jersey Stadium, featuring superstars @madonna , @shakira , and @bts
President Donald Trump has described the talks with his Chinese counterpart Xi Jinping as "great". Trump's response to reporters' questions after a nearly two-hour long high-stakes meeting at the Great Hall of the People in Beijing on Thursday was limited. The White House said "The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy." U.S. media repor
The U.K. economy grew at a stronger pace in the first quarter of the year ahead of the escalation of geopolitical tensions in the Middle East that triggered supply disruptions and a surge in crude oil price. Gross domestic product increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion, the Office for National Statistics said.
Shares of Cisco Systems Inc. were climbing around 20 percent in the overnight trading and are up 17 percent in pre-market activity on Nasdaq after the tech major raised fiscal 2026 outlook following double-digit growth in top and bottom-line in its third quarter. Further, amid the AI-focused restructuring, the firm announced a reduction of fewer than 4,000 jobs in the fourth quarter...
European stocks traded higher on Thursday as U.S.-China talks got underway and official data showed the U.K. economy grew at a faster pace in the first quarter, driven by contribution from all three sectors. U.K. GDP increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion....
Quarterly national accounts, industrial production and foreign trade reports from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial output and external trade figures. The economy is forecast to grow 0.6 percent in the first quarter after rising 0.1 percent in the preceding
European shares may open on a firm note on Thursday as Cisco Systems reported record fiscal third-quarter results for fiscal 2026 and investors pinned hopes on U.S.-China talks yielding positive results on the Iran war. Cisco shares gained nearly 19 percent in extended trading after the company beat...
Calbee, Inc. (2229.T) announced its switching to black-and-white packaging for some of its popular potato chips, at least for a while.
Waymo is pulling back around 3,800 of its robotaxis in the U.S. to update software that might let the cars drive onto flooded roads, as reported by the National Highway Traffic Safety Administration.
With technology stocks moving sharply higher on the day, the Nasdaq showed a strong move back to the upside during trading on Wednesday, reaching a new record closing high. The S&P 500 also climbed to a new record closing high, although the narrower Dow edged slightly lower after posting a modest gain on Tuesday.
Reports indicate that LinkedIn, run by Microsoft Corporation (MSFT), is getting ready to cut about 5% of its workforce as part of a reorganization effort, following the trend among tech companies to streamline their operations in 2026.
Taking part in creative activities and enjoying arts and culture may not only improve mental well-being but could also help people age more slowly, according to a new study from University College London (UCL) in the UK. For the study, published in the journal Innovation in Aging, researchers studied...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.