EWBC
NASDAQ · Banking
East West Bancorp Inc
$130.89
+1.76 (+1.36%)
EWBC News30 articles
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.
Battalion Oil Surges Premarket as Crude Soars on Middle East Tensions
Battalion Oil surged as much as 48.5% premarket Monday as crude oil jumped over 4% on Middle East supply fears, putting the small-cap producer back on trader screens.
PVH Stock Tumbles 21% After Slashing Revenue Forecast on Middle East Conflict
PVH Corp shares fell 21% after lowering its full-year revenue forecast, blaming the Middle East conflict for weaker demand in Europe, the Middle East, and Africa. The warning erased over a fifth of market value despite a Q1 earnings beat.
London Stocks Dip as Oil Surge on Middle East Tensions Overshadows EasyJet Bid Interest
London stocks slipped Monday as rising oil prices due to Middle East tensions offset takeover interest in EasyJet. The FTSE 100 fell 0.2%, while Brent crude surged above $93, stoking inflation concerns.
ASX 200 sinks 1.4% as Middle East strife fuels oil surge, banks and tech slide
Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped 7.1%.
Motor Oil Supply Strains Emerge Amid Middle East Crisis
Nissan has withdrawn a motor oil shortage warning but says supply could tighten. Middle East disruptions are limiting Group III base oil, raising costs for synthetic motor oils.
Booking Holdings Shares Slide on Middle East Conflict Impact and Growth Outlook Cut
Booking Holdings shares dropped 4.9% after cutting its full-year revenue growth target to high single digits, citing Middle East conflict impacts. Rivals Expedia and Airbnb also fell.
Airbnb Lifts 2026 Revenue Forecast as Q1 Bookings Surge Amid Middle East Conflict
Airbnb raised its 2026 revenue forecast after Q1 bookings surged 19%, with revenue up 18% to $2.68B. Net income of $160M missed estimates, but strong Americas demand offset Middle East conflict impact.
Middle Eastern Penny Stocks Gain Attention as Regional Markets Rally
Middle Eastern penny stocks are drawing investor interest as regional markets rally, with Dubai leading gains and Egypt hitting record highs.
Middle Eastern Penny Stocks Shine Amid Market Turmoil
Middle Eastern penny stocks draw attention amid volatility. Orçay Ortaköy Çay posts sales but losses; Allmed Solutions pre-revenue. Live cattle futures rise.
Celcuity Surges 16% on Promising Breast Cancer Drug Data
Celcuity shares jumped 16% after its lead drug candidate, gedatolisib, met the primary endpoint in a Phase 3 breast cancer trial for PIK3CA-mutant tumors, setting the stage for a supplemental FDA filing.
Dow Futures Slide as Middle East Tensions Drive Oil to $100, Testing Wall Street's Record Rally
US stock futures dropped early Monday after unconfirmed reports of a US warship strike near the Strait of Hormuz pushed oil 5% higher, stoking inflation concerns and testing Wall Street's record run.
Pfizer and Arvinas Secure First PROTAC Approval in Breast Cancer
The FDA approved Veppanu, a first-of-its-kind PROTAC pill from Pfizer and Arvinas, for advanced breast cancer with ESR1 mutations. The decision precedes Pfizer's Q1 earnings report.
RTX Lands Major Defense Contracts as U.S. Accelerates $8.6B Middle East Arms Sales
RTX Corp. was named principal contractor in U.S.-approved $8.6B Middle East arms sales and received $1.27B in new U.S. missile contracts, fueling defense backlog growth.
Booking Holdings Cuts 2026 Forecast as Middle East Conflict Hits Travel Demand
Booking Holdings reduced its 2026 revenue growth outlook to high single digits, citing Middle East conflict disruptions, and forecast Q2 growth of 4-6%, well below the 11% estimate.
Gold Retreats Despite Middle East Tensions as Dollar, Yields Climb
Gold prices declined on Monday, pressured by a stronger U.S. dollar and rising Treasury yields, even as geopolitical tensions flared in the Middle East. The precious metal erased last week's gains, with spot gold falling 0.4%.
FTSE 100 Retreats on Renewed Middle East Tensions, Energy Stocks Gain
London's FTSE 100 declined on Monday, pressured by a spike in oil prices following escalating U.S.-Iran tensions. Energy sector stocks advanced, while travel and financial shares sold off.
Middle East Turmoil Hits Luxury Watch Sales at Geneva Fair
The Watches and Wonders Geneva fair concluded amid a luxury sector shock, as major brands reported steep sales declines in the Middle East due to regional conflict, impacting Swiss watch exports for a second consecutive year.
AMC Soars on Record Easter Box Office, Debt Concerns Linger
AMC Entertainment shares jumped nearly 20% following a record Easter weekend box office, though the theater chain continues to grapple with significant debt and stock volatility.
ASX 200 Posts Weekly Gain Despite Friday Dip, Middle East Tensions Linger
Australian shares closed lower on Friday, trimming a robust weekly advance of 4.4%—the benchmark's best week since late 2022. Market sentiment remains cautious amid Middle East supply risks.
FTSE 100 Advances as Investors Monitor Fragile Middle East Truce Talks
London's FTSE 100 gained 0.38% on Friday as traders assessed potential progress in Middle East ceasefire talks. The FTSE 250 outperformed with a 0.79% rise.
Silver Retreats as Rate Cut Hopes Dim and Middle East Tensions Stoke Inflation
Silver declined 0.9% as major banks pushed back Fed rate cut projections. Escalating Middle East tensions threaten higher oil prices, potentially keeping inflation elevated and central banks on hold.
Oil Volatility Surges as Middle East Tensions and G7 Action Rattle Markets
Oil prices whipsawed on Monday, with Brent crude briefly surpassing $116 a barrel before retreating, while U.S. West Texas Intermediate gained over 3%. The volatility stems from escalating Middle East tensions and emergency G7 measures to stabilize markets.
Oil Surges on Middle East Escalation, Brent Eyes Steepest Monthly Gain Since 1988
Oil prices surged Monday with Brent crude approaching $116 a barrel, set for its largest monthly gain since 1988, as military hostilities in the Middle East intensified and threatened critical global shipping routes.
Dollar Gains as Middle East Tensions Fuel Safe-Haven Demand
The U.S. dollar strengthened as Middle East hostilities boosted its safe-haven appeal, while oil prices jumped 5%, stoking inflation concerns. Major industrial stocks entered a technical correction.
Market Volatility Spikes as Middle East Tensions Fuel Oil, Inflation Fears
Wall Street's volatility index surged toward 30 as escalating Middle East tensions pushed oil prices higher, rattling equities and boosting inflation concerns. The Nasdaq entered correction territory while traditional safe havens failed to attract bids.
Treasury Yields Surge as Mideast Tensions Fuel Inflation Fears
U.S. Treasury yields rose sharply Thursday, reversing a brief rally, as renewed geopolitical uncertainty sent oil prices soaring and forced markets to reassess the Federal Reserve's interest rate path.
Gold Braces for Turbulent Week Amid Fed Rate Fears and Middle East Tensions
Gold prices declined 1.8% to $4,563.64 an ounce, marking a third consecutive weekly drop. Traders are navigating conflicting pressures from shifting Fed rate expectations and escalating geopolitical risks in the Middle East.
Brent Crude Surges to Multi-Year High on Middle East Supply Disruptions
Oil prices closed the week at a nearly four-year peak as escalating Middle East conflicts and Iraq's force majeure declaration on oilfields intensified supply fears. Brent crude settled at $112.19 per barrel.
Markets Retreat as Middle East Conflict Sparks Oil Surge, Fed Inflation Fears
U.S. equity markets opened lower Thursday following a spike in oil prices after Iranian military action targeted key Gulf energy infrastructure. The Federal Reserve held interest rates steady but warned the conflict complicates the inflation outlook.