The yen slid past the key 160-per-dollar level as the currency traded under pressure following the Bank of Japan ’s April meeting, at which Governor Kazuo Ueda refrained from providing a clear sign concerning the timing of the central bank’s next interest-rate hike. The renewed weakness is likely to heighten concern among Japanese policymakers. Prior to the BOJ decision early Tuesday, Minister of ...
The yen slid past the key 160-per-dollar level as the currency traded under pressure following the Bank of Japan ’s April meeting, at which Governor Kazuo Ueda refrained from providing a clear sign concerning the timing of the central bank’s next interest-rate hike. The renewed weakness is likely to heighten concern among Japanese policymakers. Prior to the BOJ decision early Tuesday, Minister of Finance Satsuki Katayama said authorities are standing by to respond to foreign-exchange moves as needed around the clock as Tokyo remains on high alert over speculative moves that are weighing on the currency. Investors also remain on edge as the US and Iran vie for control of the Strait of Hormuz after Tehran proposed an interim deal to reopen the key shipping passage following stalled peace talks . The uncertainty has supported the dollar and kept oil prices elevated, adding to inflation in Japan while also raising downside risks to growth. The moves in Japan’s currency also come alongside broader strength in the dollar heading into the conclusion of the Federal Reserve ’s own policy meeting Wednesday. Officials led by Chair Jerome Powell are widely expected to keep rates on hold, with traders focused on any forward guidance offered by the central bankers amid the ongoing conflict in the Middle East. The Bloomberg Dollar Spot Index gained about 0.2% as of 9:30 a.m. in New York. The weakening in the yen resumed even after traders in the interest-rate swaps market ratcheted up expectations for a rate hike by June to around 66%. Read More: BOJ Holds Rates in Split Vote, Boosting Odds of a June Hike A breach of the yen’s year-to-date weak point of 160.46, hit on March 30, would take the yen back to levels last reached in mid-2024. Authorities intervened in the market several times in 2024 when the yen weakened toward the 160-per-dollar level , though officials have repeatedly emphasized that they are focused on excessive volatility rather than defending specific rates. Beyon...
koto_feja Grand Theft Auto 6 appears to still be on track for a pivotal release date ahead of the 2026 holiday season. Take-Two Interactive's ( TTWO ) Rockstar Games' open-world crime game will be set in the fictional state of Leonida. Trailers indicate that the world also appears to include areas inspired by the Everglades, the Florida Keys, and other parts of the state. The game is expected to l...
koto_feja Grand Theft Auto 6 appears to still be on track for a pivotal release date ahead of the 2026 holiday season. Take-Two Interactive's ( TTWO ) Rockstar Games' open-world crime game will be set in the fictional state of Leonida. Trailers indicate that the world also appears to include areas inspired by the Everglades, the Florida Keys, and other parts of the state. The game is expected to launch on November 19 for PlayStation 5 and Xbox Series X/S, according to Rockstar’s official announcement. After a long delay, reports suggest a larger, more immersive world with GTA 6, with modernized systems for police behavior, stealth, combat, and world simulation. Earlier in the week, Oppenheimer analyst Martin Yang attended the iicon Conference, where Take-Two Interactive ( TTWO ) CEO Strauss Zelnick was interviewed by reporter Jenny Mass. Notably, Strauss reaffirmed the release date of November 26, although he declined to set a benchmark to define success for GTA 6 or release pricing info, although he seemed to indicate a super premium price point will not be in play. Strauss confirmed that he believes conceptually that live services can exist with new releases. Yang took that to mean that Grand Theft Auto Online will co-exist alongside GTA 6 and to boost revenue streams for Take-Two ( TTWO ) Clearly, Take-Two Interactive ( TTWO ) knows the bar is high for GTA 6. "What we think about is making the most spectacular piece of entertainment on Earth, in history – and it’s a pretty daunting challenge. If we do that, and if we’re of service to our customers, then the upside will take care of itself," stated Strauss. On a humorous note, Strauss said he expects countless people will be calling in sick on November 19. Shares of Take-Two Interactive ( TTWO ) are down 18% on a year-to-date basis. More on Take-Two Take-Two Interactive: What The Market Is Missing About The GTA VI (Rating Upgrade) Take-Two Interactive Software: Strong Bookings Prospects Amid Selloff (Upgrade) Take...
Stock were pulled back again Wednesday morning ahead of what's sure to be a wild 24 hours for Wall Street. The Dow fell 252 points, or 0.5%. The S&P 500 was down 0.2%. The Nasdaq was down 0.2%. If it feels like the calm before the storm, that's because a hurricane of headlines are on their way.
Stock were pulled back again Wednesday morning ahead of what's sure to be a wild 24 hours for Wall Street. The Dow fell 252 points, or 0.5%. The S&P 500 was down 0.2%. The Nasdaq was down 0.2%. If it feels like the calm before the storm, that's because a hurricane of headlines are on their way.
Landstar System ( LSTR ) declares $0.40/share quarterly dividend , in line with previous. Forward yield 0.84% Payable June 9; for shareholders of record May 15; ex-div May 15. See LSTR Dividend Scorecard, Yield Chart, & Dividend Growth. More on Landstar System Landstar System, Inc. (LSTR) Q1 2026 Earnings Call Transcript Landstar System, Inc. 2026 Q1 - Results - Earnings Call Presentation Landstar...
Landstar System ( LSTR ) declares $0.40/share quarterly dividend , in line with previous. Forward yield 0.84% Payable June 9; for shareholders of record May 15; ex-div May 15. See LSTR Dividend Scorecard, Yield Chart, & Dividend Growth. More on Landstar System Landstar System, Inc. (LSTR) Q1 2026 Earnings Call Transcript Landstar System, Inc. 2026 Q1 - Results - Earnings Call Presentation Landstar System: The Selloff Is Valid, But It's Still Fully Priced Landstar signals April truck revenue per load about 13% above April 2025 while providing Q2 commentary instead of formal guidance ClearBridge Small Cap Strategy adds Upwork, exits Alexander & Baldwin in Q4
Gerdau ( GGB ) declares $0.0361/share quarterly dividend. Payable June 16; for shareholders of record May 15; ex-div May 15. See GGB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Gerdau Gerdau S.A. (GGB) Q1 2026 Earnings Call Transcript Gerdau S.A. 2026 Q1 - Results - Earnings Call Presentation Gerdau: Up, And Back Down Again In 2026E (Rating Upgrade) Ternium raised to Buy at BofA as...
Gerdau ( GGB ) declares $0.0361/share quarterly dividend. Payable June 16; for shareholders of record May 15; ex-div May 15. See GGB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Gerdau Gerdau S.A. (GGB) Q1 2026 Earnings Call Transcript Gerdau S.A. 2026 Q1 - Results - Earnings Call Presentation Gerdau: Up, And Back Down Again In 2026E (Rating Upgrade) Ternium raised to Buy at BofA as 'solid option' to play U.S. flat steel Gerdau upgraded, Ternium downgraded at Scotiabank in steelmaker rating swap
BalkansCat/iStock Editorial via Getty Images Franklin Resources ( BEN ) was upgraded at Barclays after the second-quarter earnings release on improving fundamentals. Shares were 2.00% higher at $30.05 after the market opened on Wednesday. The asset manager reported FQ2 non-GAAP EPS of $0.71, which beats analyst estimates by $0.16, and revenue of $2.29B (+8.5% Y/Y), which exceeds the consensus by $...
BalkansCat/iStock Editorial via Getty Images Franklin Resources ( BEN ) was upgraded at Barclays after the second-quarter earnings release on improving fundamentals. Shares were 2.00% higher at $30.05 after the market opened on Wednesday. The asset manager reported FQ2 non-GAAP EPS of $0.71, which beats analyst estimates by $0.16, and revenue of $2.29B (+8.5% Y/Y), which exceeds the consensus by $240M. "Following several quarters of improving fundamentals, particularly versus traditional asset manager peers, we are upgrading BEN to Equal Weight (previously Underweight)," said analyst Benjamin Budish. The upgrade considers strong Alts fundraising and performance, improving overall net flows, and expense discipline. The price target was raised to $31.00, 19% higher than the prior target of $26.00. Barclays' rating aligns with the sell-side analysts and Seeking Alpha Quant rating of Hold. SA authors grade the stock as Sell. More on Franklin Resources Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript Franklin Resources, Inc. 2026 Q2 - Results - Earnings Call Presentation Franklin Resources: March AUM Data Is A Potential Warning Sign Franklin Templeton expects $830m comp and mid- to high 37s effective fee rate in Q3, while targeting $25b-$30b private markets fundraising Franklin Resources Non-GAAP EPS of $0.71 beats by $0.16, revenue of $2.29B beats by $240M
The lawsuits, filed in California, accuse OpenAI and Sam Altman of negligence and abetting a mass shooting by failing to flag the suspect's ChatGPT activity.
The lawsuits, filed in California, accuse OpenAI and Sam Altman of negligence and abetting a mass shooting by failing to flag the suspect's ChatGPT activity.
Federal Reserve policymakers will make their latest decision on interest rates at 2 p.m. ET Wednesday, and it is likely to be the last such call under Jerome Powell 's leadership. The market widely anticipates that policymakers will hold rates in a range of 3.5% to 3.75% as they closely monitor the labor market and inflation, which has stubbornly held above the central bank's 2% target. Powell wil...
Federal Reserve policymakers will make their latest decision on interest rates at 2 p.m. ET Wednesday, and it is likely to be the last such call under Jerome Powell 's leadership. The market widely anticipates that policymakers will hold rates in a range of 3.5% to 3.75% as they closely monitor the labor market and inflation, which has stubbornly held above the central bank's 2% target. Powell will hold a news conference at 2:30 p.m. ET. One closely watched detail will be whether he says if he'll stay on to serve the rest of his term. Although his term as chair expires on May 15, he could continue to serve as a Fed governor in order to ensure the Fed's independence. It also could be a big day for Powell's anticipated successor. Kevin Warsh 's nomination as Fed chair is expected to be advanced from the Senate Banking committee Wednesday morning. Follow live coverage of the day's events here. 19 Min Ago Will Powell stay or will he go? U.S. Federal Reserve Chair Jerome Powell speaks as he holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., Dec. 10, 2025. Kevin Lamarque | Reuters One lingering question is whether Jerome Powell will step down when his term as Fed chair ends. This has typically been the custom, but Powell could be motivated to remain as a governor to ensure that the central bank's independence remains on solid ground. Powell's term as governor doesn't expire until January 2028, and he could leave at any time before then. U.S. attorney Jeanine Pirro recently abandoned a criminal investigation of Powell in order to clear the way for confirmation of Kevin Warsh, President Donald Trump's nominee. Instead, Pirro said her office asked the Fed's inspector general to investigate cost overruns in the multibillion-dollar renovation of the central bank's headquarters in Washington. Trump has been vocal like none of his predecessors when it comes to badgering the cent...