Oracle layoffs hit thousands, but stock jumps 6%: here’s why

Oracle has reportedly begun laying off employees across parts of its global workforce. The layoffs come as a new phase in the company’s restructuring as it pours money into artificial intelligence infrastructure and data-center expansion. As per the reports, the layoffs have already affected thousands of employees, though Oracle has not publicly confirmed a total… Continue reading Oracle layoffs hit thousands, but stock jumps 6%: here’s why

Kospi surges 6%, Nikkei 4% as Asian markets rally on easing tensions

Asian stocks and bonds climbed at the start of Wednesday’s session on hopes the Iran conflict could ease, while stronger March data buoyed Korean and Japanese markets. US President Donald Trump said strikes on Iran could end within two to three weeks and will address the nation, helping lift S&P 500 futures 0.3% and Nasdaq… Continue reading Kospi surges 6%, Nikkei 4% as Asian markets rally on easing tensions

Dow Jones jumped over 1100 points on Iran war exit hopes

Wall Street closed sharply higher on Tuesday, buoyed by growing speculation that the conflict between the United States and Iran could de-escalate, easing pressure on energy markets and global inflation expectations. All three major US indexes rallied after a report indicated that Donald Trump is willing to end the military campaign against Iran even if… Continue reading Dow Jones jumped over 1100 points on Iran war exit hopes

Nasdaq, Dow jump on peace prospects; Powell pivot fuels Q1 finale

Wall Street is set to conclude the first quarter of 2026 with an explosive exclamation point, as investors ignited a massive relief rally on hopes of a geopolitical de-escalation. In a stunning display of market resilience, the Nasdaq Composite surged by 3.6%, while the Dow Jones Industrial Average popped 2.2%, marking a significant turning point… Continue reading Nasdaq, Dow jump on peace prospects; Powell pivot fuels Q1 finale

Snap stock surges 13% as activist pushes AI pivot, cost cuts

Snap shares surged on Tuesday after an activist investor disclosed a stake in the company and outlined a series of changes aimed at improving performance and unlocking shareholder value. The stock jumped 13.3% in midday trading, after Irenic Capital Management had built a position in the social media firm and was pushing for strategic and… Continue reading Snap stock surges 13% as activist pushes AI pivot, cost cuts

Tesla jumps 4% on Optimus buzz and market rebound momentum

Tesla shares moved higher on Tuesday, supported by a broader market rebound and fresh updates from CEO Elon Musk on the company’s Optimus humanoid robot. The gains come as investors balance near-term concerns around vehicle demand with longer-term optimism tied to artificial intelligence and automation initiatives. Optimus update lifts sentiment amid market rebound Tesla stock… Continue reading Tesla jumps 4% on Optimus buzz and market rebound momentum

Constellation Energy stock: why today’s sell-off is a gift for investors

Constellation Energy (NASDAQ: CEG) is under immense pressure this morning after the nuclear power operator failed to impress investors with its full-year earnings guidance. On Tuesday, the company based out of Baltimore, said its per-share earnings will fall between $11 and $12 in fiscal 2026, slightly below $11.60 a share that analysts had called for.… Continue reading Constellation Energy stock: why today’s sell-off is a gift for investors

Eli Lilly stock rises after $7.8B Centessa deal—bet on sleep drugs

Eli Lilly has agreed to acquire Centessa Pharmaceuticals in a deal valued at up to $7.8 billion, marking a significant expansion of the drugmaker’s neuroscience portfolio into sleep medicine. Under the terms announced Tuesday, Lilly will pay $38 per share in cash upfront, valuing Centessa at approximately $6.3 billion. The offer represents a 38% premium… Continue reading Eli Lilly stock rises after $7.8B Centessa deal—bet on sleep drugs

Warren Buffett cautions against buying Apple stock: find out more

Apple Inc (NASDAQ: AAPL) opened in the “green” this morning after influential investor Warren Buffett admitted in a CNBC interview that he sold his stake in the iPhone maker a bit “too soon”. However, his admission doesn’t automatically warrant that long-term investors load up on AAPL today. In fact, Buffett himself cautioned against buying it… Continue reading Warren Buffett cautions against buying Apple stock: find out more