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Today: May 01, 2026
Today: May 01, 2026

Wall Street

Business|Economy|Finance|Stock Markets

Wall St opens higher after best month in years

Wall Street's main indexes opened higher on Friday, building on the impetus from their biggest monthly rise in years as confidence in strong earnings overshadowed oil risks.

Wall St opens higher after best month in years
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Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broader restructuring,

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast
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Sell in May and go away? Not so fast, investors

Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerful market

Sell in May and go away? Not so fast, investors
Business|Economy|Finance|Stock Markets|World

Cigarette maker Altria gets a boost as Marlboro losses ease 

Altria beat Wall Street expectations for first-quarter profit and revenue on Thursday, as the Marlboro-maker slowed market share losses and pushed further into discount cigarettes

Cigarette maker Altria gets a boost as Marlboro losses ease 
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Amazon tops cloud expectations on strong AI demand, shares rise

Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies

Amazon tops cloud expectations on strong AI demand, shares rise
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Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Wall Street ends mixed ahead of big tech earnings
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Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon

Oil prices keep spurting higher, but US stocks hold near their records
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Ackman's Pershing Square fund shares drop in hotly anticipated debut

Billionaire investor Bill Ackman launched his new Pershing Square USA closed-end fund on the New York Stock Exchange on Wednesday,

Ackman's Pershing Square fund shares drop in hotly anticipated debut
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Bill Ackman's Pershing Square raises $5 billion for new US fund

Bill Ackman's Pershing Square has raised $5 billion for its new closed-end ‌fund that is part of a combined U.S. initial public offering of the alternative asset management

Bill Ackman's Pershing Square raises $5 billion for new US fund
Business|Economy|Finance|Stock Markets|Technology

Robinhood's quarterly profit misses estimates on weak transaction revenue

Robinhood Markets missed expectations for first-quarter profit on Tuesday, as weaker-than-expected transaction revenue and lower take rates in options and cryptocurrency trading

Robinhood's quarterly profit misses estimates on weak transaction revenue
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Spotify's spending plan hurts profit outlook as Europe, North America growth lags

Spotify forecast second-quarter earnings below estimates on Tuesday, citing more spending on marketing for new features as growth in major markets of Europe and

Spotify's spending plan hurts profit outlook as Europe, North America growth lags
Business|Economy|Finance|Stock Markets|Technology

Big Tech investors to gauge payoff as AI spending set to hit $600 billion

Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom.

Big Tech investors to gauge payoff as AI spending set to hit $600 billion
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Wall St opens lower as investors weigh US-Iran conflict before earnings rush

Wall Street's main indexes opened slightly lower on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from

Wall St opens lower as investors weigh US-Iran conflict before earnings rush
Business|Economy|Finance|Stock Markets|World

Trading Day: Geopolitical reality check

Oil prices jumped and Wall Street fell on Thursday, with the Nasdaq having its worst day in a month, as fading hopes of a U.S.-Iran peace deal

Trading Day: Geopolitical reality check
Business|Economy|Finance|Stock Markets|World

Newmont beats Q1 profit estimates as record gold prices offset output drop

Newmont beat Wall Street estimates for first-quarter profit on Thursday as record gold prices helped offset lower production, though the world's largest gold miner

Newmont beats Q1 profit estimates as record gold prices offset output drop
Business|Economy|Environment|Finance

NextEra expects agreements on Japan-backed gas-fired data center projects within three months

NextEra Energy expects to finalize agreements within about the next three months for giant natural gas-fired power projects that will be backed by

NextEra expects agreements on Japan-backed gas-fired data center projects within three months
Business|Economy|Finance|Stock Markets|World

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 

Wall Street stocks dipped on Thursday and crude prices rose as Iran flaunted its control over the Strait of Hormuz and on signs of escalation in the

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 
Business|Economy|Finance|Stock Markets|World

Wall St opens lower on Middle East impasse, mixed earnings

Wall Street's main indexes opened lower on Thursday, with investors hesitant to extend the recent equities rally in the absence of clear signals on the U.S.-Iran war, while a

Wall St opens lower on Middle East impasse, mixed earnings
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Comcast beats estimates on sports boost, easing broadband customer losses

Comcast topped first-quarter estimates on Thursday, as a blockbuster sports lineup boosted subscriber growth and engagement, while its core broadband

Comcast beats estimates on sports boost, easing broadband customer losses
Business|Economy|Environment|Science|Technology

Kinder Morgan tops quarterly profit estimates amid rising natural gas demand

Kinder Morgan exceeded Wall Street expectations for first-quarter profit on Wednesday, as the pipeline operator benefited from increased U.S. natural gas demand

Kinder Morgan tops quarterly profit estimates amid rising natural gas demand
Business|Economy|Technology

JPMorgan hires two top technology bankers from Bank of America, memo says

JPMorgan has hired two veteran technology bankers from Bank of America as it continues to expand its tech investment banking group, according to an

JPMorgan hires two top technology bankers from Bank of America, memo says
Business|Economy|Finance|Stock Markets|World

S&P 500 PE looks cheap, but high oil prices still pose a threat 

Wall Street has roared back to record highs even as uncertainty over the conflict in Iran lingers, a risk highlighted by a steady

S&P 500 PE looks cheap, but high oil prices still pose a threat 
Business|Economy|Finance|Stock Markets

Alternative asset managers brace for investor test over AI, redemptions

Wall Street's largest alternative asset managers face a critical test in the coming weeks as they try to convince investors

Alternative asset managers brace for investor test over AI, redemptions
Business|Economy|Finance|Stock Markets|Technology

Wall Street opens higher as AI optimism, earnings counter Middle East concerns

Wall Street's main indexes opened higher on Tuesday as renewed artificial intelligence optimism and strong corporate earnings bolstered markets battered by constant back-and-forth

Wall Street opens higher as AI optimism, earnings counter Middle East concerns