Trending

Fed Holds Rates: No Cuts Until Inflation Falls to 2%, Powell Says

The Fed kept rates unchanged as inflation progress stalls — here's what officials said, what markets got wrong about timing, and when cuts could finally come.

Big Tech Earnings Highlight AI Spending Surge and Margin Pressure

Major technology companies reported strong revenue growth driven by artificial-intelligence demand, while warning that elevated capital expenditures are weighing on near-term margins. Investors weighed long-term growth prospects against rising costs and valuation concerns.

Oil Prices Slip as OPEC Supply Discipline Meets Softer Demand Signals

Crude prices edged lower as traders balanced OPEC’s continued supply restraint against signs of slowing demand growth in key economies. Energy equities lagged the broader market amid renewed volatility in commodities.

Federal Reserve Chair Nomination by Trump Stirs Market Volatility

President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve Chair has driven heightened market volatility across U.S. equity and fixed-income markets. Investors are recalibrating expectations for interest rate policy and monetary tightening, triggering sharp moves in key asset classes, including equities, U.S. Treasuries, and safe-haven instruments such as gold and silver.

Apple Beats Earnings Expectations on Strong iPhone Demand

Apple Inc. reported first quarter results that surpassed Wall Street estimates on both revenue and earnings, driven by robust iPhone sales in China and continued services growth. The company’s performance has bolstered confidence in its strategic execution amid mixed signals in the broader technology landscape as earnings season advances and macroeconomic uncertainty persists.

Indonesian Financial Regulators Resign After Market Turmoil

The heads of Indonesia’s financial regulator and stock exchange abruptly resigned following an $80 billion market sell-off triggered by an MSCI warning about market liquidity and structure. The resignations underscore rising concerns over transparency and governance in emerging markets, provoking caution among global institutional investors and triggering broader Asian equity market volatility today.

Major U.S. Indexes Drift as Mixed Tech Earnings and Safe-Haven Demand Shape Markets

U.S. stock benchmarks showed limited net movement on Thursday as Wall Street digested a wave of mixed earnings from major technology companies and a continued surge in gold prices to record levels. Investors grappled with diverging corporate performances while seeking stability in commodities, underscoring a cautious market tone amidst macroeconomic uncertainty and persistent inflation concerns.

ABB Shares Surge on Record Quarterly Profit and Optimistic 2026 Outlook

Swiss industrial giant ABB rallied sharply on Thursday as it reported record quarterly profit and lifted its outlook for 2026, signaling confidence in resilient end-market demand despite geopolitical and supply chain headwinds. The better-than-expected results reflect broad strength across automation and electrification segments and positive momentum in key geographic markets.

Global Commodities Rally as Oil and Metals Extend Gains on Geopolitical Tensions

Oil and precious metals surged on Thursday amid renewed geopolitical tensions that raised concerns over supply disruptions, pushing Brent crude above $70 per barrel and driving gold and industrial metals prices to multi-year highs. Investors shifted allocations toward commodities, reflecting safe-haven demand and broader macroeconomic risk premiums across energy and metals markets.