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Heineken's Q1 Revenue Tops Estimates, Beer Volume Slips
Heineken's Q1 revenue beat estimates, but beer volumes fell 0.8% and shares dropped. The brewer kept its 2026 profit outlook amid mixed regional performance.
Tesla Beats Q1 Profit Forecasts, But Heavy Spending Plans Raise Concerns
Tesla beat profit estimates in Q1 with $22.4B revenue, but warned free cash flow will likely turn negative for the rest of 2026 as it ramps up spending on robotaxis and AI.
Gold Steadies Above $4,700 as Dollar Strength, Easing Iran Tensions Cap Gains Ahead of Fed
Gold holds near $4,700 as a stronger dollar and easing Iran tensions cap gains. Traders await US data and the Fed's April 28-29 meeting.
Futures Retreat from Records as Oil Surges Past $103, Tesla and IBM Slide
U.S. stock futures slipped Thursday, pulling back from record highs, as Brent crude topped $103 a barrel on geopolitical tensions. Tesla and IBM shares fell after hours, while GE Vernova surged on stronger outlook.
ASX 200 Drops to Two-Week Low on Rate Hike Fears, Energy Stocks Rally
The S&P/ASX 200 slipped 0.6% to 8,793.40, its lowest close in two weeks, as financials and miners fell while energy stocks rallied on oil price gains.
Indian Benchmark Indices Extend Losses as Oil Stays Above $100, HSBC Downgrades
Indian stock benchmarks fell again as Brent crude stayed above $100 and HSBC downgraded India to underweight. Pharma stocks rose, but financials and automakers led declines. Foreign investors pulled $4.3 billion in April.
Capital One $425M Savings Account Settlement Cleared for Payout
A federal judge granted final approval to Capital One's $425 million settlement regarding its 360 Savings accounts. Eligible customers from September 2019 through June 2025 could receive payments beginning July 21, barring any appeals.
Lam Research Surges on Record Earnings, AI-Driven Forecast
Lam Research shares climbed following a record March quarter, with revenue and earnings surpassing estimates. The company raised its 2026 wafer fabrication equipment forecast to $140 billion, citing strong AI-driven demand.