Shell and BP shares are in a strong bull market and are trading at their all-time highs as Donald Trump’s war against Iran continues, pushing crude oil and natural gas prices higher. BP and Shell shares have pumped to a record high BP soared to a record high of 607p on Thursday, up by 95%
Tesla reported rising sales of China-made electric vehicles, marking a second consecutive quarter of growth despite intensifying competition. Sales of Model 3 and Model Y vehicles produced at Tesla’s Shanghai factory, including exports, rose 8.7% year-on-year to 85,670 units in March, according to data from the China Passenger Car Association. This marked the fifth straight
The European stock market saw a decline on Thursday as renewed fears over an escalating US–Iran conflict weighed heavily on investor sentiment. Fresh comments from Donald Trump about the potential duration of the war triggered a wave of caution across global financial markets. The pan-European STOXX Europe 600 declined about 1.1% shortly after 9:30 am
Chinese electric vehicle maker Leapmotor reported strong delivery growth in the first quarter. The strong numbers came even as broader industry data pointed to intensifying competition and uneven demand in the domestic market. The company delivered 110,155 new energy vehicles during the quarter, marking an increase of nearly 26% from a year earlier. The performance
The Invesco QQQ ETF, which tracks the blue-chip Nasdaq 100 Index, has rebounded this week amid hopes that Donald Trump will wind down the war in Iran, which he reiterated in his prime-time address to the nation. QQQ rose to $585, up modestly from the year-to-date low of $556. Still, there is a risk that
Shares of Globalstar rallied strongly on April 2, 2026, climbing nearly 14% to $78.10 in premarket trading. The satellite communications company, known for providing global voice and data services and supporting IoT and enterprise connectivity, is reportedly in acquisition talks with Amazon.com. According to a report by Financial Times, discussions between the two companies are
US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran conflict, dampening hopes for a near-term resolution and pushing oil prices higher. The Dow Jones Industrial Average fell about 637 points, or 1.3%, while the S&P 500 declined 1.3% and the Nasdaq
Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles. Breaking down the figures, Tesla produced 394,611 units of its Model 3
Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs. The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a 9.7% decline from a