China market collapse sparks global panic as $750 billion is wiped out at U.S. open — Bitcoin slumps to $81k after Fed data shock Global markets entered full risk‑off mode today as a cascade of macro shocks hit within hours. The early Asian session was dominated by China’s
The United Kingdom has finally established an oil-backed investment fund, decades after neighboring Norway began transforming its North Sea petroleum revenues into one of the world's largest sovereign wealth funds. The British government's new £2 billion Energy Wealth Fund
British Pound retreats from 1.34 as Iran tensions boost USD demand The Pound Sterling retreats against the US Dollar down 0.16% after hitting a high of 1.3419 as tensions in the Middle East rise and US jobs data shows the labor market remains strong. This increases the cha
Procter & Gamble (PG) shares climbed to an eight-month high on Thursday after the company reported stronger-than-expected earnings, lifting the consumer staples stock to its highest level since February 27. The shares advanced +6.2% on the session to trade at $166.55 <
Quest Diagnostics (DGX) raised its guidance ranges for 2026 revenue and adjusted diluted EPS with its Q3 earnings release. - The company sees full-year revenue of between $12.065B and $12.105B, compared to $11.95B to $12.05B prior. Adjusted diluted EPS is projected at betw
Meta shares slumped roughly 6% on Thursday as the social media giant showed negative free cash flow in its third-quarter earnings and raised the floor of its full-year capital expenditures. The spread on the social media giant's five-year credit default swaps reached all-t
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank
Earnings Call Insights: CACI International (CACI) Q1 fiscal 2027 Management View - "We had an excellent start to fiscal year '27." (President, CEO & Director John Mengucci) "First quarter revenue grew 8%. EBITDA margin reached 13.3% Adjusted diluted EPS increased 12
Meta Platforms (META) is on track for its third drop of more than 5% after an earnings report in a row. The technology and communications giantâs stock is currently -5.8%, trading at $658.27, its lowest level in over a month, and breaking below its 50-day
PepsiCo (PEP) announced it has renewed its partnership with Taco Bell in the U.S. and several international markets. The disclosure is important after Yum! Brands' (YUM) KFC chain opted to sign a deal with Coca-Cola (KO). The beverage giant noted To ensure this does
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