The Dow Jones Industrial Average climbed 0.9% to breach 50,000, driven by strong investor sentiment and record-high equity performance. The Dow Jones Industrial Average rose above 50,000 for the first time in Thursday’s session, advancing 450 points or 0.9%. The move under
Moscow’s May tax revenue calculations reflect a near 60% year-on-year jump in Urals crude prices amid Middle East supply constraints. Russia’s Urals crude price for tax purposes will average $94.87 per barrel in May, the highest since October 2023, driven by disruptions in
THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick Tap here. Telefónica has spent years disappointing investors with a sprawling, debt-heavy business that struggled t
Match Group Inc (NASDAQ:MTCH) investor meetings with management have reinforced growing confidence that Tinder’s product improvements are beginning to translate into financial stabilization, even as 2026 is expected to remain a rebuilding year for the app, according to UBS...
New cash-settled futures contracts will track a basket of major cryptocurrencies, targeting institutional demand for regulated derivatives. CME Group will introduce Nasdaq CME Crypto Index futures on June 8, pending regulatory approval. The contracts mark its first market-
Freddie Mac data shows average 30-year fixed mortgage rates fell one basis point week-over-week amid cooling purchase applications. Average 30-year fixed mortgage rates declined to 6.36% for the week ending May 14, down from 6.37% the prior week. The slight decrease comes
The oilfield services firm projects adjusted EBITDA of $10M-$15M for Q2 2026 following its Chapter 11 restructuring. Nine Energy Service forecast Q2 2026 revenue between $136 million and $146 million, alongside adjusted EBITDA of $10 million to $15 million. The guidance fo
Morgan Stanley (MS) stock reached an all-time high on Thursday and is trading in the buy zone of a cup base. The wealth management firm produced record high profit and revenue in its latest earnings report, making it Investor's Business Daily's IBD 50 Growth Stocks To Watc
Quick Read - MercadoLibre (MELI) reported Q1 2026 revenue of $8.85B, up 49% YoY and beating consensus, but operating income fell 20% to $611M as the company invested heavily in credit cards, first-party commerce, and logistics, compressing operating margin to 6.9%. Brazil
Cisco Systems (NASDAQ: CSCO) shares surged as much as 17% in post-market trading following the Q3 2026 release, though the rally was not merely a reaction to the headline numbers. While revenue hit $15.84 billion, surpassing the $15.56 billion consensus, and non-GAAP EPS o
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