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OMSE News30 articles
Stocks Rebound on Geopolitical Hopes, But Quarterly Loss Looms
Major U.S. indices climbed Tuesday, led by the Nasdaq's 2% gain, following reports the Trump administration might end military action in Iran. Despite the rally, the S&P 500 is headed for its steepest quarterly decline in over four years.
IBM's AI Strategy Under Scrutiny as Q1 Report Looms Amid Stock Slump
IBM shares are trading nearly 27% below their 52-week peak, with pressure mounting on its AI strategy ahead of first-quarter results on April 22. The company recently completed its $11 billion acquisition of Confluent.
Bank of America Gains as Fed Outlook Firms, Legal Settlement Looms
Bank of America shares advanced 0.5% to $47.28, stabilizing after a sector selloff. Investors now anticipate only one Fed rate cut this year, impacting bank profit models. The bank also reached a settlement in principle over Jeffrey Epstein-related claims.
Mortgage Rates Dip to 6.29% as Fed Decision Looms, Housing Market Shows Mixed Signals
The average 30-year fixed mortgage rate declined to 6.29% on Tuesday from 6.36% as bond markets stabilized before the Federal Reserve's policy announcement. Pending home sales increased 1.8% in February amid the rate relief.
Silver Retreats Below $80 as Fed Decision Looms, Miners Slide
Silver prices dropped below $80 per ounce Tuesday as traders awaited the Federal Reserve's interest rate decision. Major silver mining stocks also traded lower, tracking the metal's decline.
Bradesco Shares Dip as Brazil's Central Bank Rate Decision Looms
Banco Bradesco's U.S.-listed shares are under pressure as investors await Brazil's central bank rate decision amid mixed inflation data. The bank reported solid Q4 earnings but faces regulatory delays on capital plans.
Bradesco ADRs Gain as Brazil's Central Bank Meeting Looms
Banco Bradesco's American Depositary Receipts advanced on Monday ahead of a pivotal Brazilian central bank policy meeting, with trading volume exceeding 31 million shares.
Oklo's Q4 Report Looms Amid Meta Deal Enthusiasm and Lingering Risks
Oklo shares advanced Monday as investors await the nuclear startup's fourth-quarter results, due after Tuesday's market close. The stock remains down sharply from its peak despite a recent development agreement with Meta.
Stocks Rebound as Oil Retreats, Fed Meeting Looms
U.S. equity indices advanced Monday, breaking a three-week decline, while crude oil prices pulled back. Market focus shifts to the Federal Reserve's policy meeting this week.
Bradesco ADRs Plunge Amid Brazil Bank Selloff, Rate Decision Looms
Banco Bradesco's U.S.-traded shares declined approximately 5% on Thursday, mirroring a broader retreat in Brazilian financial stocks. The movement precedes a key central bank rate decision and follows shareholder approval of a capital restructuring.
Europe's Gas Market Braces for Supply Shock as Qatar LNG Disruption Looms
European natural gas prices remained firm as Shell's force majeure on Qatari LNG cargoes threatens supply from April, prompting EU officials to consider market interventions.
Tesla Activates First Semi Megacharger, 2026 Fleet Launch Looms
Tesla has launched its first high-power Megacharger for Semi trucks in Ontario, California, though the station's current 750 kW output falls short of the vehicle's 1.2 MW capability. The company has not revealed how many customer Semis are operational, with a wider delivery push now scheduled for 2026.
Argentina's Merval Climbs on Oil Surge, Inflation Data Looms
Argentina's benchmark stock index posted a Friday rebound led by energy shares, yet closed the week lower amid bond market stress and heightened inflation forecasts.
South32 pivots to base metals as Mozal smelter closure looms
South32 Ltd is accelerating its transition toward base metals production, with CEO Graham Kerr projecting 90% of output will soon come from these operations. The shift coincides with the impending closure of its Mozal aluminum smelter in Mozambique.
Ampol Dividend Deadline Looms Amid Refining, Regulatory Pressures
Ampol shares will trade ex-dividend on March 6 for a fully franked 60-cent final dividend, with payment set for April 2. Investors weigh this income against falling refinery margins and an ongoing competition review of its proposed EG Australia takeover.
Compass Group Gains as Currency Switch Looms Amid Market Volatility
Compass Group PLC shares advanced 0.9% in early London trading, with investors focused on upcoming management appearances and the firm's planned April 1 transition to U.S. dollar-denominated share trading. The move comes against a backdrop of sharp declines in UK equity indices.
Qantas Shares Slide Amid Oil Price Surge, Buyback Launch Looms
Qantas Airways Ltd shares declined 2.7% to A$8.99 on Wednesday, pressured by climbing crude oil prices due to Middle East tensions. The airline highlighted its fuel hedging position as it prepares to commence a share buyback program on March 16.
Booking Holdings Slips Amid Travel Sector Turmoil, Stock Split Looms
Booking Holdings shares edged lower Tuesday as escalating Middle East tensions pressured travel stocks and oil prices jumped 6%. The online travel giant's upcoming 25-for-1 stock split has a March 6 record date.
Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms
Brent crude oil prices surged over 6% as geopolitical tensions disrupted tanker traffic through the critical Strait of Hormuz. The market faces a key deadline as marine insurers cancel war-risk coverage.
Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms
Brent crude oil prices surged over 6% as maritime disruptions near the Strait of Hormuz and a key insurance deadline threaten global energy supplies.
Northern Star Surges on Gold Rally, Dividend Date Looms
Northern Star Resources climbed 4.8% as gold rallied on safe-haven demand. Investors now focus on the March 4 ex-dividend date for a $0.25 payout.
Northern Star Surges on Gold Rally, Dividend Date Looms
Northern Star Resources Ltd rallied 4.8% to A$31.73 as gold prices surged following military strikes in the Middle East. Investors now focus on the March 4 ex-dividend date for a A$0.25 interim payout.
ANZ Shares Slide Amid Oil Spike, GDP Data Looms
ANZ Group Holdings dropped 1.8% to A$39.32 as rising crude prices fueled inflation concerns, weighing on financials. Market focus shifts to Australia's upcoming GDP data.
ANZ Shares Slide Amid Oil Spike, GDP Data Looms
ANZ Group Holdings dropped 1.8% as rising crude prices fueled inflation fears, weighing on financials. Investors now await key Australian GDP data for clues on the economic outlook.
Morgan Stanley Tumbles 6% Amid Renewed Credit Fears, Jobs Data Looms
Morgan Stanley shares dropped over 6% Friday, leading a broad bank stock selloff fueled by renewed anxiety over private credit and a UK lender's failure. Investors now await the U.S. jobs report for February.
Broadcom's Q1 Report Looms as AI Demand, Margins in Focus
Broadcom shares slipped 0.7% to $319.55 Friday, nearly 23% below their 52-week high, ahead of its March 4 earnings report. Analysts will focus on AI chip demand and margin trends.
Mexican IPC Rises 5.6% in February, U.S. Jobs Data Looms
Mexico's benchmark IPC index closed February with a 5.6% monthly gain, its strongest since September. Investor attention now turns to key domestic data and the upcoming U.S. employment report.
Indonesia's IDX Enforces Free-Float Rule, Inflation Data Looms
The Indonesia Stock Exchange (IDX) starts phasing in a new 15% minimum free-float requirement next week, which may compel over 200 listed companies to increase their public share offerings. Market focus also shifts to upcoming trade and inflation figures.
Gold, Oil Volatility Looms After Middle East Military Action
Gold prices surged late Friday following military strikes on Iran, setting up a choppy Monday open as traders brace for safe-haven demand. Oil markets are also on edge with shipments through the Strait of Hormuz suspended.
Exxon Rises on Mideast Tensions, OPEC+ Meeting Looms
Exxon Mobil shares climbed 2.7% to $152.50 Friday as Brent crude jumped 2.45% following military strikes on Iran. OPEC+ convenes Sunday to discuss potential output changes amid heightened Middle East supply risks.