Stock Research

SoftBank Group is seeking to raise as much as $10 billion through a margin loan backed by its shares in OpenAI, according to Bloomberg News. The development comes as Masayoshi Son’s group leans further on debt to finance its artificial intelligence push. The proposed borrowing would run for two years and include an option for… Continue reading Why is SoftBank raising $10B loan backed by OpenAI stake?

Gold fell to a two-week low on Friday as oil prices pushed back above $100 a barrel after renewed military tension between the US and Iran heightened inflation concerns and reinforced expectations that interest rates may stay higher for longer. Spot gold fell 0.7% to $4,705.1 an ounce, while US gold futures for June delivery slipped 0.6%… Continue reading Gold hits two-week low: are rising oil prices to blame?

Asian equities climbed to fresh highs on Thursday after Wall Street’s benchmark posted a third straight record close, as a solid start to the US earnings season helped investors look beyond rising oil prices. Japan’s benchmark briefly rose above 60,000 for the first time, South Korea’s Kospi reached a record high and Taiwan’s main index also touched… Continue reading Nikkei breaks 60,000 as Asian markets climb on strong earnings

Paramount’s ambitious $110 billion bid to acquire Warner Bros. Discovery is approaching a decisive moment, as shareholders prepare to vote on the deal on Thursday, bringing the media industry closer to one of its largest consolidations in recent years. The proposed transaction, which has already secured unanimous backing from the boards of both companies, is… Continue reading Warner Bros. Discovery’s shareholders to vote on Paramount’s offer tomorrow

Tesla shares surged as the company reported first-quarter results that topped Wall Street expectations, signaling resilience in profitability even as vehicle sales came in softer than anticipated and the company prepares for a sharp increase in investment. Adjusted earnings per share came in at 41 cents, ahead of the 34-cent average estimate compiled by Bloomberg.… Continue reading Tesla stock jump 4% as earnings beat, FCF surprises upside

US stocks moved higher on Wednesday, snapping a recent losing streak as investors responded positively to an extended ceasefire between the United States and Iran, while a strong start to earnings season provided additional support. The Nasdaq Composite climbed 1.64%, touching a fresh all-time intraday high, while the S&P 500 advanced about 1% to close… Continue reading Dow Jones jumps 340 pts as ceasefire, earnings fuel rally

Shares of major cannabis companies rallied sharply on Wednesday after reports suggested the Trump Administration could soon move to reclassify marijuana, a long-awaited step that investors believe could ease regulatory pressures on the sector. The gains were led by Curaleaf Holdings, which surged more than 27%. Tilray rose 11%, while Canopy Growth climbed over 18%.… Continue reading Why are cannabis stocks surging today?

Shares of Philip Morris International rose about 7% on Wednesday after the tobacco giant reported stronger-than-expected first-quarter results, driven by robust growth in its smoke-free business and solid international performance. The company’s earnings and revenue both exceeded analyst expectations, with adjusted earnings per share of $1.96 topping consensus estimates of around $1.83. Quarterly revenue came… Continue reading Philip Morris stock jumps 7% as smoke-free growth drives beat

Shares of Masco Corp. surged on Wednesday after the home improvement company delivered a strong first-quarter earnings beat and reaffirmed its full-year guidance, signaling resilience in a challenging housing market. The stock jumped 12.6% to $75.17 during the session, making it one of the top performers in the S&P 500 and putting it in contention… Continue reading Masco jumps 12% on earnings beat, remodeling demand improves