Latest News
FirstEnergy Ohio Rate Plan to Raise Monthly Bills by Up to $5.30
FirstEnergy's Ohio utilities plan to file a three-year rate proposal by May 22, aiming to fund $800M in annual grid improvements and $83M for tree trimming, which could increase monthly bills by $4.26-$5.30 for typical households.
American Airlines Q1 Revenue Record, but $4B Fuel Cost Surge Hits 2026 Outlook
American Airlines posted record Q1 revenue but slashed its 2026 profit outlook due to a $4 billion fuel cost surge. Shares fell 28 cents premarket.
Lockheed Martin Q1 Earnings Miss as F-16 and C-130 Delays Hit Margins
Lockheed Martin's first-quarter earnings missed estimates as delays in F-16 and C-130 programs squeezed margins, sending shares down 2.8% premarket.
Amazon's Anthropic Deal Boosts Stock, AWS Growth in Focus
Amazon shares rose 2.18% after expanding its Anthropic partnership, with Amazon investing up to $25 billion and Anthropic committing over $100 billion to AWS. All eyes are on Q1 earnings on April 29.
Nvidia Gains as Google Unveils TPU 8 Chips, Backs Vera Rubin Platform
Nvidia shares climbed 1.3% premarket after Google unveiled its TPU 8 chips and committed to offering Nvidia's Vera Rubin NVL72 platform, with SK Hynix reporting surging AI memory demand.
Microsoft Stock Dips on Record $18B Australian AI Deal Amid Sector Selloff
Microsoft shares dropped about 2% in premarket trading after unveiling a record A$25 billion ($17.9 billion) AI investment in Australia, as tech stocks broadly declined on growth concerns from IBM and ServiceNow.
US Mortgage Rates Slip to 6.30%, Sparking Spring Buyer Surge; Bay Area Prices Top $2M
Mortgage rates dropped to 6.30%, boosting purchase applications 10% and pending home sales 1.5%. Bay Area prices stay above $2 million.
Comcast Revamps Xfinity Mobile with Simplified Pricing and Device Protection
Comcast introduces streamlined Xfinity Mobile plans with flat per-line pricing, ending multiline discounts, and adding device protection to the premium tier amid record wireless growth.
Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.
Intel Q1 Earnings: AI CPU Optimism Faces Reality Test After 78% Stock Rally
Intel reports Q1 earnings Thursday after a 70% stock surge. Analysts see revenue slipping 1.9% and adjusted profit falling nearly 90%, with AI CPU hopes facing supply and demand realities.
Super Micro Faces May 26 Deadline as Legal and Regulatory Woes Loom
Super Micro Computer faces a May 26 lead plaintiff deadline in a securities lawsuit over undisclosed China sales and export-control lapses. The stock rose 2.7% but remains under pressure from criminal charges and regulatory uncertainty.
Brent Crude Surpasses $103 as Iran Tensions Escalate and U.S. Inventories Tighten
Brent crude climbed above $103 as U.S.-Iran talks stalled and Iran seized ships in the Strait of Hormuz. U.S. fuel inventories dropped sharply, and exports set a record.