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Climbs Gbp/usd as Us-iran Peace Hopes Weaken US Dollar

GBP/USD advances by some 0.28% on Thursday as the US and Iran appear close to signing a peace deal that could reopen the Strait of Hormuz, while keeping issues like the nuclear program unresolved. At the time of writing, the pair trades at 1.3627, rising for a third consec

  • mohammad501ps@gmail.com
  • May 7, 2026
  • oil

Oil Supply Shock Worsens Amid Plunging Petroleum Inventories

Global crude oil and fuel inventories are crashing at a record speed as the supply shock from the Middle East is too big to absorb without stock depletion. While the futures markets trade on sentiment and hopes that a U.S.-Iran deal could soon lead to the reopening of the

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

Planet Fitness Stock Plunges 30% after Company Slashes Guidance, Cancels Planned Price Hikes

Shares of Planet Fitness plunged Thursday after the fitness company slashed its guidance and canceled planned price hikes.

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

Vontier Q1 2026 Revenue Tops Estimates, Shares Decline

Vontier reported Q1 2026 revenue exceeding analyst expectations, though its stock price fell in after-hours trading. Vontier posted Q1 2026 revenue above consensus estimates, driven by stronger-than-expected demand in its mobility and environmental solutions segments. The

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

BCE Beats Q1 2026 Earnings Estimates, Shares Rise

Canada’s BCE Inc. reported stronger-than-expected Q1 2026 results, driving a gain in its stock price. BCE Inc. surpassed Q1 2026 earnings forecasts, delivering results that exceeded analyst expectations. The telecommunications company’s performance was bolstered by strong

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

Delcath Systems Q1 2026 EPS Tops Estimates, Shares Gain

The medical device firm reported adjusted earnings above analyst forecasts, driving a post-market stock increase. Delcath Systems posted Q1 2026 adjusted earnings per share above consensus estimates, signaling stronger-than-expected operational performance. The company did

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

ACI Worldwide Shares Climb After Q1 2026 Earnings Top Estimates

The payments software firm reported stronger-than-expected Q1 2026 results, driving a rise in its stock price. ACI Worldwide posted Q1 2026 earnings that exceeded analyst expectations, lifting its shares in after-hours trading. The company did not disclose specific figures

  • mohammad501ps@gmail.com
  • May 7, 2026
  • crypto

The Great Derivatives Disconnect: Why ‘negative’ Funding is Actually a Bullish Signal for Bitcoin Panelists are Split

The great derivatives disconnect: Why 'negative' funding is actually a bullish signal for Bitcoin Panelists are split on the four-year cycle's relevance, with year-end price targets varying widely from potentially not reaching a new high to possible targets of $150k or $250k.

  • mohammad501ps@gmail.com
  • May 7, 2026
  • politics

Uganda Softens Sovereignty Law After Central Bank Warns of Economic Risks

The revised legislation aims to mitigate potential capital flight and currency instability flagged by the Bank of Uganda. Uganda’s parliament passed a scaled-back version of its sovereignty law after the central bank warned of severe economic consequences. The original bil

  • mohammad501ps@gmail.com
  • May 7, 2026
  • politics

Iran Can Outlast Trump’s Hormuz Blockade for Months

As the markets await response from Iran regarding the US 14 point proposal, the Washington host is reporting that US intelligence in a report says that Iran can outlast Trump's Hormuz blockade for months (90 – 120 days and possibly longer) Iran still retains much of its missile...</strong

  • mohammad501ps@gmail.com
  • May 7, 2026
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