Stocks
Onsemi Projects Q2 2026 EPS $0.65-$0.77, AI Data Center Revenue to Double
Onsemi (ON) forecasts Q2 2026 EPS of $0.65-$0.77, driven by expectations for its AI data center revenue to double year-over-year in 2026....
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Markets
Hang Seng Faces Reversal Risk as Middle East Tensions Weigh on Global Markets
The Hang Seng Index, having rallied sharply on Monday, now faces significant headwinds from escalating Middle East hostilities and a weak Wall...
Stocks
Hog Futures Decline Across Contracts on Monday
Lean hog futures experienced significant losses on Monday, with contracts falling between 32 cents and $1.55, signaling continued market weakness.
Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...
Stocks
Biodesix Lifts 2026 Revenue Outlook to $108M-$114M
Biodesix (BDSX) raises its 2026 revenue forecast to $108M-$114M, driven by accelerated Q1 growth and expanded margins, targeting sustained adjusted EBITDA profitability.
Markets
Meta’s AI Spending Soars, Investors Weigh Costs Against Revenue Growth
Meta Platforms reported a 33% revenue increase in Q1 2026, its fastest growth since 2021, yet its stock declined as the company...
Stocks
Coffee Prices Fall: Strong Dollar, Bumper Harvests Weigh on Market
Coffee futures declined as a stronger U.S. dollar weighed on prices, overshadowing geopolitical concerns. Expectations of record Brazilian harvests and surging Vietnamese...
Finance
Cat’s £14k Vet Bill Highlights Soaring Pet Healthcare Costs
A £14,000 vet bill for a cat injured in a road accident is spotlighting the escalating costs of pet care in the...
Stocks
Asian Equities Climb on Tech Strength, Dollar Retreats
Asian stocks advanced, driven by robust corporate earnings in the technology sector, while the US dollar edged lower against major currencies. Oil...
Stocks
Oil Drops on Trump’s Hormuz Plan, Iran Diplomacy Hopes
Oil prices fell after President Trump signaled a plan to secure the Strait of Hormuz and reported encouraging diplomatic contacts with Iran,...
Finance
NAB Misses Profit Estimates Amid Software Expenses, Credit Provisions
National Australia Bank Ltd. missed first-half profit estimates, reporting A$2.64 billion. Higher software costs and increased credit provisions weighed on earnings.
Stocks
FCC Expedites Review of Eight Disney ABC Station Licenses
The FCC has accelerated its review of broadcast licenses for eight Disney-owned ABC TV stations, citing concerns over their diversity, equity, and...