Asian equities were poised to rise Thursday, tracking record highs on Wall Street as optimism grew that the US and Iran were nearing a deal to end the conflict that has jolted markets and clouded the economic outlook. Equity index futures for Hong Kong, Australia and South Korea all rose, as did those for Japanese benchmarks as the country’s markets reopen after a holiday. Contracts for US equitie...
Asian equities were poised to rise Thursday, tracking record highs on Wall Street as optimism grew that the US and Iran were nearing a deal to end the conflict that has jolted markets and clouded the economic outlook. Equity index futures for Hong Kong, Australia and South Korea all rose, as did those for Japanese benchmarks as the country’s markets reopen after a holiday. Contracts for US equities were little changed after the S&P 500 climbed 1.5% Wednesday and the Nasdaq 100 rose 2.1% as both indexes hit records, reflecting healthy risk appetite. Gold jumped and the dollar fell to pre-war levels, while falling energy commodities eased inflation concerns and led to receding bets on Federal Reserve Rate hikes and a rally in US and global bonds . West Texas Intermediate edged higher at the open on Thursday after dropping more than 7% in the previous session. Benchmark Brent crude slid almost 8% on Wednesday, while European natural gas declined as much as 14%. The moves reflected optimism over Middle East tensions as the US and Iran circled around a fresh proposal to end a nearly 10-week conflict. Washington’s proposals to reopen the Strait of Hormuz now hinge on Tehran’s response, with any truce likely to focus on talks over sanctions relief and the nuclear program. “We remain on the path towards de-escalation, and towards an end to the conflict,” said Michael Brown at Pepperstone. “While that path is clearly a rough one, so long as we remain on it, and the direction of travel remains a more optimistic one, then risk appetite should remain underpinned.” Trump said the war has “a very good chance of ending” and there’s a possibility that happens before his trip to Beijing next week, according to an interview with PBS News Hour. China’s top diplomat called for the swift reopening of Hormuz in a meeting with his Iranian counterpart. Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending ...
Earnings Call Insights: Archrock (AROC) Q1 2026 Management View "Archrock is off to a strong start in 2026" and CEO D. Childers said the company sees demand strength continuing: "customer demand remains strong and our order book continues to build."
Earnings Call Insights: Archrock (AROC) Q1 2026 Management View "Archrock is off to a strong start in 2026" and CEO D. Childers said the company sees demand strength continuing: "customer demand remains strong and our order book continues to build."
Shares of e-commerce platform giant Shopify (NASDAQ: SHOP) tanked on Tuesday after the company reported its first-quarter 2026 results. And shares were down several percent on Wednesday, too. On the surface, the stock's slide is puzzling. The Canadian commerce company posted its second straight quarter with merchants clearing more than $100 billion in gross merchandise volume on the platform, grew...
Shares of e-commerce platform giant Shopify (NASDAQ: SHOP) tanked on Tuesday after the company reported its first-quarter 2026 results. And shares were down several percent on Wednesday, too. On the surface, the stock's slide is puzzling. The Canadian commerce company posted its second straight quarter with merchants clearing more than $100 billion in gross merchandise volume on the platform, grew revenue at its fastest pace in more than four years, and saw operating income nearly double year over year. Investors, however, focused on something else: a softer outlook for the current quarter. Following the stock's post-earnings drop, it's now down more than 40% from its all-time high reached last October -- and about 35% year to date. Continue reading
Oil steadied after plunging 7% in the previous session, as the US and Iran weighed a fresh proposal to end the war in the Middle East. West Texas Intermediate traded near $96 barrel, while Brent closed above $101. The two sides were circling around a new proposal , with Washington suggesting a one-page memorandum of understanding that will potentially lead to the gradual reopening of the Strait of...
Oil steadied after plunging 7% in the previous session, as the US and Iran weighed a fresh proposal to end the war in the Middle East. West Texas Intermediate traded near $96 barrel, while Brent closed above $101. The two sides were circling around a new proposal , with Washington suggesting a one-page memorandum of understanding that will potentially lead to the gradual reopening of the Strait of Hormuz, a person familiar with the matter said. Iran is expected to respond via mediator Pakistan in the coming days. The vital energy shipping route has been largely closed since the war began at the end of February, pushing up energy prices from crude to natural gas. The chokepoint now faces a double blockade, with Tehran obstructing traffic while the US prevents vessels calling at or leaving Iranian ports. The US will end its military campaign and lift its blockade of Hormuz “assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption,” Trump posted on social media on Wednesday, without giving details of the proposal. “If they don’t agree, the bombing starts.” “The US and Iran were never going to agree to a comprehensive deal in a rush, but agreeing to a framework buys them time and some calm,” said Will Todman, senior fellow in the Middle East Program at the Center for Strategic and International Studies. Meanwhile, US government data showed exports of oil products rose to a record last week as the country became a key supplier of fuel to the world amid the supply crunch. Crude inventories fell . To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for June delivery added 0.9% to $95.97 a barrel at 6:01 a.m. in Singapore. Brent for July settlement closed 7.8% lower at $101.27 a barrel on Wednesday.
Earnings Call Insights: UroGen Pharma (URGN) Q1 2026 Management view “Given the critical importance of a successful ZUSDURI launch, the Board and I made the decision a few months ago that I would assume direct oversight of the commercial organization, resulting in
Earnings Call Insights: UroGen Pharma (URGN) Q1 2026 Management view “Given the critical importance of a successful ZUSDURI launch, the Board and I made the decision a few months ago that I would assume direct oversight of the commercial organization, resulting in
Earnings Call Insights: Palmer Square Capital BDC (PSBD) Q1 2026 Management View Christopher Long said, "During the first quarter, our team deployed $109.4 million of capital and generated total and net investment income of $26.2 million and $11 million, respectively," and added, "We delivered net investment income of $0.35
Earnings Call Insights: Palmer Square Capital BDC (PSBD) Q1 2026 Management View Christopher Long said, "During the first quarter, our team deployed $109.4 million of capital and generated total and net investment income of $26.2 million and $11 million, respectively," and added, "We delivered net investment income of $0.35
ACV press release ( ACVA ): Q1 GAAP EPS of -$0.06 beats by $0.02 . Revenue of $204.19M (+11.6% Y/Y) beats by $2.49M . More on ACV ACV Auctions: Mixed Results And Prospects (Downgrade) ACV Auctions Inc. (ACVA) Q4 2025 Earnings Call Transcript ACV Auctions Inc. 2025 Q4 - Results - Earnings Call Presentation ACV Auctions falls to record low as profit outlook rattles Wall Street ACV Auctions expects 2...
ACV press release ( ACVA ): Q1 GAAP EPS of -$0.06 beats by $0.02 . Revenue of $204.19M (+11.6% Y/Y) beats by $2.49M . More on ACV ACV Auctions: Mixed Results And Prospects (Downgrade) ACV Auctions Inc. (ACVA) Q4 2025 Earnings Call Transcript ACV Auctions Inc. 2025 Q4 - Results - Earnings Call Presentation ACV Auctions falls to record low as profit outlook rattles Wall Street ACV Auctions expects 28% adjusted EBITDA growth in 2026 while accelerating AI-driven product launches
US President Donald Trump’s landmark visit to China comes as the Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the first part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we look at the Arctic as an arena for competition. The Arctic is hea...
US President Donald Trump’s landmark visit to China comes as the Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the first part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we look at the Arctic as an arena for competition. The Arctic is heating up, both physically and in terms of geopolitics. As Arctic warming accelerates and sea ice...
Barrett Business press release ( BBSI ): Q1 Non-GAAP EPS of -$0.13 beats by $0.02 . Revenue of $307.01M (+4.9% Y/Y) beats by $2.07M . BBSI reaffirms its outlook for 2026 as follows: Gross billings growth of 3% to 5%. Growth in the average
Barrett Business press release ( BBSI ): Q1 Non-GAAP EPS of -$0.13 beats by $0.02 . Revenue of $307.01M (+4.9% Y/Y) beats by $2.07M . BBSI reaffirms its outlook for 2026 as follows: Gross billings growth of 3% to 5%. Growth in the average
CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2026.
CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2026.
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary ope...
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary operations. Virginia Senate President pro tempore Louise Lucas (D-Portsmouth) listens to debate on the state Senate floor in Richmond, Va., on Feb. 17, 2026. Ryan M. Kelly/AP Photo The raids, which also extended to other unspecified locations across the commonwealth, stunned Virginia political circles given Lucas’s status as one of the state’s most powerful and influential lawmakers. Lucas, 82, who has represented Portsmouth in the Senate since 1992 and serves as President Pro Tempore, was not arrested and returned home by midday , according to her longtime political consultant. No charges have been filed against her or anyone else publicly identified in connection with the searches. Details of the Operation The FBI’s Norfolk field office confirmed in a statement that agents were “ executing a court-authorized federal search warrant in Portsmouth, Va. ” FBI spokeswoman Cassandra Temple told reporters on scene that the bureau was conducting “court-authorized law enforcement activity today” but provided no further details on the targets or allegations. Eyewitness accounts and news footage described a significant law enforcement presence: approximately 8 - 10 agents in marked uniforms at Lucas’s office in the Lucas Professional Center, with staff ordered outside and prevented from re-entering while agents carried out boxes of materials. At the neighboring cannabis dispensary, known as The Cannabis Outlet (or Cannabis Outlet), SWAT team members arrived with weapons drawn, ordered occupants to exit with hands raised, and placed at least three people in handcuffs before taking them ...
NASA Administrator Jared Isaacman sits down with Tim Stenovec to talk the US-China moon race, vying with SpaceX for top talent and navigating Capitol Hill. (Source: Bloomberg)
NASA Administrator Jared Isaacman sits down with Tim Stenovec to talk the US-China moon race, vying with SpaceX for top talent and navigating Capitol Hill. (Source: Bloomberg)
Safety Insurance press release ( SAFT ): Q1 Non-GAAP EPS of -$0.72. Revenue of $314.67M (+4.4% Y/Y). More on Safety Insurance Safety Insurance: Improving Combined Ratio Makes Story Appealing Again (Rating Upgrade) Dividend scorecard for Safety Insurance Financial information for Safety Insurance
Safety Insurance press release ( SAFT ): Q1 Non-GAAP EPS of -$0.72. Revenue of $314.67M (+4.4% Y/Y). More on Safety Insurance Safety Insurance: Improving Combined Ratio Makes Story Appealing Again (Rating Upgrade) Dividend scorecard for Safety Insurance Financial information for Safety Insurance
Lululemon (NASDAQ: LULU) is adjusting its growth plans due to trade barriers. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
Lululemon (NASDAQ: LULU) is adjusting its growth plans due to trade barriers. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
NL Industries press release ( NL ): Q1 GAAP EPS of $0.09. Revenue of $40.6M (+0.7% Y/Y). More on NL Industries NL Industries: A Complex Little Performer To Watch Industrial names with highest dividend yield as investors navigate geopolitical uncertainty Dividend scorecard for NL Industries Financial information for NL Industries
NL Industries press release ( NL ): Q1 GAAP EPS of $0.09. Revenue of $40.6M (+0.7% Y/Y). More on NL Industries NL Industries: A Complex Little Performer To Watch Industrial names with highest dividend yield as investors navigate geopolitical uncertainty Dividend scorecard for NL Industries Financial information for NL Industries
Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) share price jumped following its quarterly financial update. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) share price jumped following its quarterly financial update. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
Microsoft (NASDAQ: MSFT) is shifting from charging customers per seat to a hybrid approach. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
Microsoft (NASDAQ: MSFT) is shifting from charging customers per seat to a hybrid approach. *Stock prices used were the afternoon prices of May 4, 2026. The video was published on May 6, 2026. Continue reading