Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs
President Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing plans to raise tariffs on EU auto imports to 25%. Oil prices eased amid renewed diplomatic signals, even…
Will Powell’s move limit White House influence over the Fed?
Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with one of the most contentious policy moments in decades, underscoring deep divisions within the central bank.Besides, his decision…
Spirit Airlines edges toward shutdown as bailout talks collapse
Spirit Airlines is preparing to cease operations after failing to secure a last-minute financial lifeline, marking a dramatic fall for a carrier that once reshaped budget air travel in the…
Twilio stock jumps 21% after earnings beat: can rally sustain?
Shares of Twilio Inc. surged on Friday after the company delivered stronger-than-expected first-quarter results, standing out in a software sector that has struggled for positive momentum in 2026.The stock rose…
Twilio stock jumps 21% after earnings beat: can rally sustain?
Shares of Twilio Inc. surged on Friday after the company delivered stronger-than-expected first-quarter results, standing out in a software sector that has struggled for positive momentum in 2026.The stock rose…
Dow slips 152 pts as S&P 500 hits record high, Apple lifts Nasdaq
US equities ended Friday on a mixed note, with the S&P 500 and Nasdaq Composite extending their record-setting run, while the Dow Jones Industrial Average lagged as investors weighed strong…
Is May 2026 a trap or an opportunity for investors?
Global markets are entering May 2026 under a cloud of uncertainty, with multiple macro and geopolitical triggers converging at once. From surging oil prices and the ongoing Middle East conflict…
Wall Street is shifting gears after Fed hold: these 5 stocks lead way
The Federal Reserve kept borrowing costs unchanged on Wednesday, holding the federal funds rate in the 3.50% to 3.75% range for a third straight meeting.But this was no routine pause.The…
Dow rises 180 points as earnings boost stocks, oil eases but risks linger
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions…
ExxonMobil earnings mixed as conflict costs weigh; shares slips
Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company’s revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed…