Stocks
Capstone Energy+ Targets High-Teens SG&A, 5 ppm Liner Delivery Post-Rebrand
Capstone Energy+ projects SG&A expenses to trend to the high teens over 12-18 months while aiming for 5 ppm liner delivery by...
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Finance
JPMorgan Appoints Petno, Rohrbaugh Copresidents, Deepening Dimon Succession Bench
JPMorgan Chase has promoted Doug Petno and Troy Rohrbaugh to copresidents, positioning them as key contenders to succeed longtime CEO Jamie Dimon....
Markets
Gold Climbs Sharply as U.S. Inflation Data Eases Rate Hike Fears
Gold prices advanced significantly on Thursday, recouping some recent losses, as new U.S. economic data aligned with expectations, reducing concerns over aggressive...
Markets
Constellation Energy vs. GE Vernova: A 2026 Utilities Stock Showdown
As AI and data centers drive unprecedented power demand, investors weigh Constellation Energy's carbon-free generation against GE Vernova's essential energy infrastructure for...
Stocks
Sugar Prices Stabilize After 2-Month Lows; Supply Risks Persist
Sugar prices settled mixed on Thursday, consolidating above Monday’s two-month lows, as immediate supply easing from the Strait of Hormuz reopening was...
Stocks
Washington, Brussels Vie for AI Influence as IPOs Begin
As SpaceX's IPO signals a trillion-dollar AI wave, Washington explores an OpenAI equity stake while Brussels unveils a tech sovereignty package, revealing...
Finance
Stripe, Banks Urge Congress: Payments Regulation Must Evolve
A House committee hearing saw Stripe and banks advocate for updated payment regulations, arguing current rules hinder innovation and fail to fit...
Markets
Williams: Policy Well Positioned for 2% Inflation Goal
Federal Reserve Bank of New York President John Williams stated current interest rates are well positioned to guide inflation to the central...
Stocks
FedEx Freight Targets $605M-$645M Operating Income, 4%-6% Revenue Growth Through 2026
FedEx Freight (FDXF) projects $605M-$645M in adjusted operating income and 4%-6% revenue growth through Dec. 31, 2026, following its debut as a...
Finance
Flight Safety Alert: Power Bank Fire Incidents Double Ahead of Summer Travel
Aviation regulator warns lithium battery fires are top aircraft risk as incidents involving devices in hold bags nearly double, causing delays and...
Markets
Middle East Tensions Flare, Crude Oil Prices Jump 2.12%
Crude oil prices surged Thursday after a projectile struck a Singapore-flagged cargo ship near Oman, reigniting supply disruption fears in the critical...
Markets
Sandisk Stock Jumps 50-Fold in a Year: Is the AI Memory Rally Sustainable?
Sandisk shares have surged from $40 to over $2,300 in a year, driven by soaring demand for AI data center memory. Investors...