US stocks rose on Friday, extending a recent rally, as investors welcomed fresh signs of de-escalation in the Middle East conflict and improving prospects for a ceasefire. The Dow Jones Industrial Average climbed 686 points, or 1.4%, while the S&P 500 advanced 0.77% and the Nasdaq 100 gained 0.73%. Ceasefire hopes lift sentiment Investor sentiment
Shares of Netflix tumbled on Friday after the streaming giant issued weaker-than-expected guidance for the current quarter, overshadowing a strong first-quarter earnings beat and triggering a sharp selloff in premarket trading. The stock fell about 10.53% to $96.44 after the market opened on Friday, even as broader market sentiment improved on easing geopolitical tensions. The
Quantum-computing stocks surged on Thursday after Nvidia unveiled Ising, a new open-source family of AI models designed to tackle some of the field’s most stubborn problems. The market’s reaction was immediate. Shares of IonQ, Rigetti and D-Wave jumped in the wake of the April 14 announcement, extending a broader revival in risk appetite across tech.
Hedge funds are on track to deliver their strongest monthly performance in more than a decade, recovering from a sharp downturn in March, as per a Goldman Sachs note, cited in a Reuters report. The recovery follows a difficult period triggered by the Iran war, which had weighed on returns during March. However, improved market
The UK’s main stock indices edged higher on Thursday, supported by gains in materials and financial stocks, as optimism grew over a potential easing of tensions in the Middle East. Investor sentiment improved after US President Donald Trump said that talks between Washington and Tehran would take place on Thursday. The benchmark FTSE 100 rose
PepsiCo reported better-than-expected earnings and revenue for the first quarter, signalling early success in efforts to revive its underperforming snacks business even as broader economic uncertainty persists. The food and beverage giant said net income rose to $2.33 billion, or $1.70 a share, for the quarter ended March 21, compared with $1.83 billion, or $1.33
The S&P 500 Index and its ETFs have soared to a record high this week, continuing an uptrend that started on March 30th. VOO, the biggest fund in the world, rose to an all-time high of $643, while SPY jumped to $700. SPY and VOO stocks are soaring as investors look past the Iran war
Global equity markets have climbed back to record highs after a volatile six-week period dominated by geopolitical tensions. Investor sentiment has improved on signs of easing conflict risks and renewed focus on economic fundamentals. Fresh optimism has emerged around potential US-Iran peace talks, with the Trump administration signalling hopes for a deal. A Pakistani mediator
Shares of Voyager Technologies moved sharply higher in premarket trading on Thursday after the company was selected by NASA for a private astronaut mission to the International Space Station. The stock rose about 6% to $31.8 ahead of the opening bell, extending gains from after-hours trading where shares climbed as much as 9.5%. NASA mission
Wall Street opened higher on Thursday, extending the momentum from a strong prior session that saw the benchmark indices reach record levels. Investor sentiment has been buoyed by hopes that geopolitical tensions in the Middle East may ease, alongside a steady flow of corporate earnings that continue to signal resilience in the US economy. The