Vnet Group (NASDAQ:VNET) reported first-quarter net revenue of 2.69 billion yuan on Tuesday, representing a 20% increase from a year earlier and broadly matching analyst expectations of 2.66 billion yuan. EBITDA and gross profit post strong annual growth Adjusted EBITDA fo
Shares of Elbit Systems (NASDAQ:ESLT) climbed 8% on Tuesday after the company announced a $1.4 billion military modernization agreement in Europe alongside stronger first-quarter financial results. Revenue and profitability post strong quarterly growth Elbit Systems report
Brent crude fell nearly 7% on Iran deal optimism but pared losses after fresh U.S. military strikes raised doubts over negotiations. Oil prices tumbled below $100 per barrel Monday as markets priced in progress toward an Iran ceasefire deal, including a potential 60-day ex
Shares of space and satellite companies surged in premarket trading on Tuesday, extending the sector’s recent rally following SpaceX’s public filing for what is expected to become the largest initial public offering ever launched. Redwire (NYSE:RDW) climbed 15% ahead of th
Invesco’s $6.1 billion commodity ETF simplifies taxes but incurs long-term futures roll expenses, cutting returns by a few percentage points per cycle. The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) offers broad commodity exposure without
The new U.S. strikes on missile sites and boats in southern Iran are further clouding the market view of how the nearly three-month-long crisis will unfold. Oil prices jumped early on Tuesday in Asian trade following the strikes Prices slumped by 5% on Monday due to
During the depths of the Great Recession in 2009, Warren Buffett said: "Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it's imperative that we rush outdoors carrying washtubs, not teaspoons.
ICA submission warns current levy structure unsustainable as 2026-27 CSLR costs exceed sector caps by A$137m. The Insurance Council of Australia has called for structural reforms to the Compensation Scheme of Last Resort, citing projected 2026-27 costs of A$137m ($98m). Fi
Lumentum shares soared over 1,100% in 12 months amid AI infrastructure growth, yet insider selling raises concerns. Lumentum Holdings Inc (NASDAQ: LITE) stock climbed more than 1,100% over the past year, driven by surging demand for optical networking in AI infrastructure.
SpaceX officials demand increased payments for Starlink satellite access as U.S. military reliance grows in operations against Iran. SpaceX has requested higher fees from the Pentagon for Starlink satellite internet access, citing increased usage in U.S. military operation
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