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United Airlines Expands Transatlantic Network with Longest 737 MAX 8 Route to Spain
United Airlines will begin nonstop Newark-Santiago de Compostela flights on May 27, using a Boeing 737 MAX 8, marking its longest narrowbody transatlantic route. The carrier also resumed Newark-Glasgow service earlier in May.
New Fed Chair Warsh Faces Inflation Test as Rate Hike Odds Rise
New Fed Chair Kevin Warsh faces an early test as April PCE inflation data looms and policymakers signal possible rate hikes if inflation stays above target.
Nikkei Breaks 65,000 Barrier as Asian Markets Rally on Oil Slide
Japan's Nikkei closed above 65,000 for the first time, surging 2.87% as Asian stocks rallied on hopes of revived U.S.-Iran talks and falling oil prices. Taiwan hit a record, while Shanghai, Australia, and India gained.
Nifty 50 Reclaims 24,000 as Crude Plunge Fuels Indian Stock Rally
Indian benchmarks rallied Monday, with the Nifty 50 closing above 24,000 and the Sensex gaining over 1,000 points, as Brent crude fell below $100 on US-Iran peace progress.
Bitcoin Holds Above $77K as Oil Slides on Iran Talks Progress
Bitcoin held above $77,000 on thin holiday trading, with oil prices falling over 4% on U.S.-Iran talks progress. Spot bitcoin ETFs saw net outflows of $1.26 billion from May 18-22.
Barclays Shares Rally on Profit Growth and Shareholder Returns Plan
Barclays shares have climbed nearly 30% over the past year after reporting a 6% income increase to £8.2 billion and raising its return on tangible equity target above 14% by 2028. The bank plans to return over £15 billion to shareholders from 2026 to 2028.
Netflix Ad Strategy Nears $3B Milestone as Wall Street Evaluates Growth
Netflix shares ended Friday at $88.60, up 1.8% for the week, as investors analyzed its ad-tier growth and $25B buyback plan.
Stellantis Unveils 2030 Strategy Amid Cash Flow Concerns
Stellantis shares rose slightly after CEO Antonio Filosa unveiled a five-year plan targeting €190B revenue by 2030, though cash flow remains a concern.