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
Lloyds share price jumped by over 4% on Wednesday as British stocks rebounded, with the FTSE 100 Index rising by over 1.8%. It jumped to 96.10p, up by 10% from its lowest point in March. So, will the stock continue rising in April? Lloyds Bank to publish its earnings in April LLOY share price will
BYD remained under pressure as vehicle sales fell for the seventh consecutive month, reflecting intensifying competition in China’s electric vehicle market. Sales dropped 20.5% year-on-year to 300,222 units last month, according to Reuters calculations based on company disclosures and a Weibo post by executive Li Yunfei. The decline was less severe than February’s 41.1% drop
Novo Nordisk stock surged on Wednesday after a major policy win, which is seen as a turning point for the drugmaker. England’s cost-effectiveness watchdog has backed broader use of Wegovy to cut the risk of heart attacks and strokes in overweight or obese adults. This could eventually open access to about 1.2 million people through
Escalating tensions in the Middle East are starting to reshape the global technology landscape. Drone and missile strikes on critical infrastructure are disrupting cloud services and casting uncertainty over billions of dollars in planned artificial intelligence investments across the Gulf. Recent attacks on data centres in the United Arab Emirates and Bahrain have knocked some
Shares of Walt Disney rose modestly on Wednesday in pre-market trading as analysts turned more constructive on the media and entertainment giant, arguing that its current valuation presents an attractive entry point despite ongoing macroeconomic and operational challenges. Raymond James upgraded Disney to outperform from market perform, assigning a price target of $115, after conducting
Duolingo stock price has slumped this year and is now hovering near its lowest level since February 2023. It has erased most of the gains made in the past few years, with its valuation falling from over [MONEY value=”27000000000″ currency=”usd” notation=long” replace=”false”] to [MONEY value=”4630000000″ currency=”usd” notation=long” replace=”false”] today. Duolingo stock has slumped amid AI