LONDON, May 22 Oil prices rose slightly on Friday as investors doubted the prospect of a breakthrough in U.S.-Iran peace talks, but remained on track for a weekly loss. Brent crude futures were up $1.17, or around 1.1%, at $103.75 a barrel by 1334 GMT, while U.S Wes
By Shashwat Chauhan and Medha Singh May 22 Wall Street's main indexes rose on Friday, with the blue-chip Dow hitting a record high for the first time since the Iran war began, as investors tracked progress in talks to end the nearly three-month-old conflict ahead of the long...</
Churchill Downs plans to sell regional casino assets to refocus on growth, as its stock fell 16% in May amid broader market uncertainty. Churchill Downs Incorporated (NASDAQ:CHDN) announced plans to divest its regional casino portfolio to accelerate growth, as revealed in
Concentration in mega-cap tech stocks hits a record, surpassing the 2000 dot-com peak by 14 percentage points. The 10 largest US stocks, dominated by the Magnificent Seven, now account for 41% of the S&P 500’s market capitalization. This marks a 14 percentage point increas
Quick Read - Nvidia (NVDA) posted Q1 FY27 revenue of $81.61B, up 85.2% YoY, with Data Center revenue reaching $75.25B (+92% YoY) and net income of $58.32B, yet shares remain 6.88% down from last week despite the beat. - Nvidia needs a 13.9% gain to reach $250 per share and join...</strong
Trump Media offloads 2,650 BTC amid $455 million losses, signaling financial strain after a $405.9 million Q1 net loss. Trump Media & Technology Group (NASDAQ: $DJT) has transferred 2,650 Bitcoin, valued at $205 million, to Crypto.com, likely preparing to liquidate the ass
Investors around the world are in good spirits Friday morning, setting the S&P 500 on track to rise for its eighth straight week. U.S. stocks opened higher, bolstered by continued enthusiasm surrounding AI, aerospace and other emerging tech That is likely to send th
The luxury retailer reported $1.97bn in Q4 revenue, driven by 31% growth in Asia and strong direct-to-consumer sales. Ralph Lauren reported fourth-quarter net revenue of $1.97bn, a 17% increase year-over-year, led by a 31% surge in Asia and robust direct-to-consumer perfor
DeFi hacks lead to $14 billion outflows DeFi bridges are being targeted by hackers, resulting in significant losses. The $285 million Drift Protocol exploit and $290 million KelpDAO breach are recent examples. Total value locked across DeFi fell to around $86 billio
One of Italy’s only publicly traded large pharma companies could soon be taken into private ownership, after private equity firm CVC Capital Partners and Belgian investment group Groupe Bruxelles Lambert (BGL) launched a $12.4bn (€10.7bn) takeover bid for Recordati. At the
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