Babcock & Wilcox Enterprises reports higher-than-expected Q1 revenue, fueled by AI data center power demand and large project activity. Babcock & Wilcox Enterprises (BW) shares rose 11% after the company exceeded first-quarter revenue expectations, driven by increased proj
Constellation Energy (NASDAQ:CEG) reported stronger-than-expected first quarter 2026 results, topping Wall Street estimates on both revenue and adjusted earnings as the company benefited from expanded generation capacity and improved operational performance across its fleet.
Existing home sales rose 0.2% in April Existing home sales were essentially flat in April, rising just 0.2% from March. Home sales hit a seasonally adjusted annual rate of 4.02 million last month. For-sale inventory improved, rising 5.8% from March to 1.47
Microsoft and Google decline over 1% each while Eli Lilly jumps 4% on strong clinical trial results and sector rotation. Technology stocks led losses in today’s session, with Microsoft (MSFT) down 1.11% and Alphabet (GOOGL) falling 2.01%. Investors cited concerns over elev
Cleveland Fed survey shows businesses raise inflation expectations by 0.6 percentage points from the prior quarter. Businesses surveyed by the Cleveland Fed now expect inflation to reach 3.7% over the next year, up from 3.1% in the first quarter. The increase marks the hig
Quick Read - Bank of America raised Affirm’s (AFRM) price target to $88 from $82 on strong Q3 beat-and-raise results and maintained its Buy rating. - Affirm’s valuation at 37x forward P/E already prices execution, so upside hinges on durable GMV growth and unit economics rather...</strong
Court converts haircare brand’s Chapter 11 filing to Chapter 7, ending operations and appointing a trustee to distribute remaining assets. Adwoa Beauty, a textured haircare brand, will liquidate after a court converted its Chapter 11 bankruptcy to Chapter 7. The ruling end
Banking groups warn the Clarity Act may accelerate deposit flight into stablecoins unless yield limits are tightened. The American Bankers Association intensified lobbying efforts ahead of a Senate Banking Committee vote on the Clarity Act, arguing that yield-bearing stabl
Amazon’s custom AI chips see triple-digit revenue growth, with a $225 billion backlog driving demand beyond internal use. Amazon’s AI chip business has surged, with a $225 billion backlog and an annual revenue run rate exceeding $20 billion. CEO Andy Jassy revealed nearly
US markets head into the new week with inflation data, AI enthusiasm, and a fresh batch of corporate earnings all competing for investors’ attention after major indexes recently pushed back toward record highs. The biggest event on the calendar will arrive Tuesday with the
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