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Nifty and Sensex Post Weekly Gains Despite Friday Selloff, Oil Above $100 Sparks Caution
Indian stocks fell Friday, but Nifty and Sensex posted weekly gains. Brent crude above $100 on U.S.-Iran tensions pressures the rupee and stokes inflation fears.
Coinbase Posts Q1 Loss as Crypto Slowdown Squeezes Revenue
Coinbase swung to a $394.1 million Q1 loss as revenue fell 31%, hit by a crypto trading slowdown and an AWS outage. The exchange also plans to cut 700 jobs.
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.
Bed Bath & Beyond Posts First Revenue Growth in 19 Quarters, Shares Surge
Bed Bath & Beyond reported its first revenue growth in 19 quarters, with Q1 sales up 6.9% to $247.8 million. The net loss narrowed sharply, sending shares higher.
Boeing Posts Narrower Q1 Loss, But Cash Burn Remains a Concern
Boeing narrowed its Q1 net loss to $7M, revenue rose 14% to $22.2B, but free cash flow was negative $1.5B. The company delivered 143 jets, beating Airbus, and holds a record $695B backlog.
Pfizer Gains on FDA Priority Review for Padcev as Pipeline Pivots Post-COVID
Pfizer shares advanced after the FDA granted priority review for its Padcev bladder cancer therapy, setting an August decision. Investors await Q1 results to gauge progress in oncology and obesity drugs against fading COVID sales.
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.
Unilever Acquires Grüns to Expand US Wellness Portfolio Post-McCormick Deal
Unilever announced the acquisition of US greens supplement maker Grüns, advancing its wellness strategy shortly after its food unit merger with McCormick. Financial terms were not disclosed.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
Gold Posts March Rebound but Faces Worst Monthly Drop Since 2008
Gold prices climbed in early New York trading Tuesday but remained on track for their steepest monthly decline since 2008. Brent crude oil rose sharply after the Strait of Hormuz was closed due to the Iran conflict.
Shanghai Composite Tumbles 0.8%, Posts Steepest Monthly Drop Since Early 2022
The Shanghai Composite Index declined 0.8% to 3,891.86, marking its worst monthly performance since January 2022. Losses came despite an official manufacturing PMI reading that beat forecasts.
Hong Kong Stocks Post Modest Gain Amid Mixed March Performance
Hong Kong's Hang Seng Index closed slightly higher on Tuesday, gaining 0.15% to 24,788.14, but recorded a 6.9% decline for March, marking its poorest monthly performance since January 2024.
Eli Lilly Inks $2.75B AI Drug Deal, Posts Positive Trial Data
Eli Lilly has entered a licensing deal with Insilico Medicine potentially worth $2.75 billion and reported strong late-stage clinical results for its immunology and obesity drugs.
Suspicious Oil Trades Precede Trump's Iran Post, Sparking Volatile Rally
Unusual oil and stock futures activity preceded a Trump social media post on Iran talks, fueling a brief but sharp market rally. The gains reversed after Iran denied negotiations, leaving traders questioning the timing.
Coeur Mining Unveils Post-Acquisition Outlook, Launches $750M Buyback
Coeur Mining shares advanced after the company issued its first combined production forecast following the New Gold acquisition, alongside a major capital return program.
Ondas Posts Q4 Loss on Warrant Charge, Lifts 2026 Revenue Target to $375M
Ondas Inc. swung to a $101 million fourth-quarter net loss after an $82.2 million non-cash warrant charge, reversing an earlier profit signal. The company sharply raised its 2026 revenue target to at least $375 million.
Swarmer Shares Plunge 30% Post-IPO, Highlighting Volatility Risks
Swarmer's stock tumbled over 30% in Friday's session, a sharp reversal after its Nasdaq debut. Despite the drop, shares trade significantly above the initial offering price set last week.
Gold Posts Steepest Weekly Decline in 15 Years Amid Hawkish Fed Shift
Gold recorded its most severe weekly percentage loss in 15 years, tumbling 9.5% as Federal Reserve policy and a resilient dollar undercut its traditional safe-haven appeal. Investors withdrew $5.19 billion from precious metals funds.
Postal Service Faces Cash Crunch, Warns of Delivery Halt Without Congressional Action
The U.S. Postal Service has alerted Congress it could run out of operating funds by November 2026 without legislative intervention, following a $9 billion annual loss. Postmaster General David Steiner stated 71% of delivery routes are unprofitable.
Swarmer Soars Post-IPO as Battle-Tested Drone Software Captures Investor Interest
Swarmer shares skyrocketed 77% to $55, building on a 520% first-day pop from its $5 IPO price. The drone software firm, with over 100,000 combat missions in Ukraine, faces significant financial challenges and customer concentration risks.
NIO Surges on HSBC Upgrade, Posts First Quarterly Profit
NIO shares climbed 5% in early trading following an upgrade by HSBC, which cited improved visibility for 2026. The Chinese EV maker also announced its first quarterly net profit.
Marathon Digital Outperforms Mining Peers Amid Bitcoin Volatility, Posts Heavy Loss
Marathon Digital Holdings shares advanced 1.1% on Thursday, outperforming rival bitcoin miners as the cryptocurrency traded near $70,331. The company disclosed a substantial net loss for 2025 despite a 38% revenue increase.
NIO Posts First Quarterly Profit, But Supply Chain Risks Loom
NIO achieved its first quarterly profit in Q4 2025, with net income of 282.7 million yuan. However, shares faced pressure as management warned of severe chip shortages and a challenging domestic market.
NIO Posts First Quarterly Profit, Stock Jumps as 2026 Break-Even Target in Focus
NIO shares rallied sharply after the company announced its first-ever quarterly net profit and forecast reaching break-even this year. The EV maker's Q4 revenue jumped 75.9% to 34.65 billion yuan.
NIO Posts First Quarterly Profit, Shares Surge on Strong Outlook
NIO achieved its first quarterly net profit in Q4, reporting 282.7 million yuan versus a year-ago loss. Revenue surged 75.9% to 34.65 billion yuan, driving shares up 15.2%.
Fresnillo Posts Record 2025 Profit, Guides Lower 2026 Output
Fresnillo PLC announced record financial results for 2025, including a $950 million dividend, while projecting a decline in silver and gold output for the coming year. Shares were largely unchanged.
Unilever Stock Dips Amid Oil Spike, Renewing Focus on Post-Spin-Off Growth
Unilever's stock declined in London trading as a sharp rise in crude oil prices triggered a broad market selloff. Investors are scrutinizing the company's growth trajectory after its recent strategic spin-off and a warning that 2026 sales may hit the low end of its target range.
W&T Offshore Posts Wider 2025 Loss Amid Revenue Drop, Sees Regulatory Relief
W&T Offshore disclosed a deeper net loss for 2025, with revenue declining to $501.5 million. The company highlighted reduced net debt and potential regulatory relief from proposed offshore financial assurance rules.
Egyptian Stocks Post Steepest Weekly Drop Since June Amid Regional Tensions
Egypt's benchmark EGX30 index declined 3.5% over the past week, marking its most significant weekly loss since June. The drop occurred despite a late-week recovery driven by Commercial International Bank, as regional tensions and foreign investor outflows weighed on sentiment.
Okta's Q4 Results Top Estimates, Yet Growth Outlook Hits Post-IPO Low
Okta reported Q4 revenue of $761 million, up 11%, and adjusted EPS of $0.90, both exceeding expectations. However, the company forecast just 9% revenue growth for the current quarter, its slowest since going public.