Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
Brookfield Asset Management Ltd. press release ( BAM ): Q1 DEPS of $0.43 beats by $0.01 . Revenue of $1.34B (+24.1% Y/Y) misses by $110M . Fee-bearing capital grew to $614 billion, up 12% year-over-year, driven by $108 billion of fundraising in the past twelve months. More on Brookfield Asset Management Ltd. Brookfield: Finding The Right Mix Of Capital Growth, Hard Assets, And High Margins Brookfi...
Brookfield Asset Management Ltd. press release ( BAM ): Q1 DEPS of $0.43 beats by $0.01 . Revenue of $1.34B (+24.1% Y/Y) misses by $110M . Fee-bearing capital grew to $614 billion, up 12% year-over-year, driven by $108 billion of fundraising in the past twelve months. More on Brookfield Asset Management Ltd. Brookfield: Finding The Right Mix Of Capital Growth, Hard Assets, And High Margins Brookfield Asset Management: 15% Dividend Hike, Record AUM, Big Yield Brookfield Asset Management: Golden Buying Opportunity Brookfield Asset Management Ltd. Q1 2026 Earnings Preview Brookfield Asset Management prices $1B note offering
Exclusive: Co-chair Vula Tsetsi says it is time to trigger debate, as statement is agreed at annual leadership meeting in Brussels The European Green party has urged the UK to consider rejoining the EU and draw a line under the “political and economic failure” of Brexit. A text declaring that “the United Kingdom’s future lies in the European Union” was adopted by a large majority of European green...
Exclusive: Co-chair Vula Tsetsi says it is time to trigger debate, as statement is agreed at annual leadership meeting in Brussels The European Green party has urged the UK to consider rejoining the EU and draw a line under the “political and economic failure” of Brexit. A text declaring that “the United Kingdom’s future lies in the European Union” was adopted by a large majority of European green parties at the movement’s annual leadership meeting on Friday, the day before Europe Day. Continue reading...
(RTTNews) - Acer Inc. (2353.TW), a computer hardware company, Friday reported consolidated April revenues of NT$31.31 billion, up 68.4 percent from the same period last year and 4.7 percent month-over-month. Revenues for January through April reached NT$103.74 billion, marking a
(RTTNews) - Acer Inc. (2353.TW), a computer hardware company, Friday reported consolidated April revenues of NT$31.31 billion, up 68.4 percent from the same period last year and 4.7 percent month-over-month. Revenues for January through April reached NT$103.74 billion, marking a
Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million
Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million
BROOKFIELD, NEWS, May 08, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) announced today financial results for the quarter ended March 31, 2026.
BROOKFIELD, NEWS, May 08, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) announced today financial results for the quarter ended March 31, 2026.
An entry‑level software engineer in San Francisco would need to be paid $162,000 a year to qualify for an H‑1B visa under a Trump administration proposal — almost 30% more than today. In Dallas, the minimum would jump by a similar rate to $113,000 and in New York to $132,000. Those are the types of pay increases potentially in store for immigrants using the most popular path for white-collar worke...
An entry‑level software engineer in San Francisco would need to be paid $162,000 a year to qualify for an H‑1B visa under a Trump administration proposal — almost 30% more than today. In Dallas, the minimum would jump by a similar rate to $113,000 and in New York to $132,000. Those are the types of pay increases potentially in store for immigrants using the most popular path for white-collar workers to enter or stay in the US. It’s part of changes to the H-1B program that the Trump administration says will help prevent foreigners from undercutting Americans’ wages. The plan to boost minimum salaries would cost the biggest employers of white-collar foreign talent at least $18 billion in the first 12 months, according to an analysis by immigration data companies Lawfully and Threshold. Within three years — when most existing H-1B visas will have to be renewed at the higher level — the annual cost could reach as high as $43 billion, the study found. The financial hit for employers is only half the story. The new thresholds are ultimately likely to shrink opportunities for young talent as employers balk at spending the extra money. President Donald Trump campaigned for his second term on a promise to crack down on all types of immigration, and his most high-profile efforts have focused on rounding up and deporting those who crossed the southern border illegally. But he’s also worked to clamp down on opportunities for professionals to come to the US, saying that the system was rife with abuse and exploitation. In its notice earlier this year proposing the salary requirements, which awaits final approval from the Labor Department, the administration said H-1B visa holders are generally offered about $10,000 less a year than their US counterparts. Backers see Trump’s proposal as a way to level the playing field for Americans and ensure the visas are being used for their stated purpose — to bring in exceptional talent in sectors where there’s a shortage of highly-skilled wo...
The market is buying AppLovin after earnings, with the firm posting solid beats and providing encouraging commentary on early-stage growth initiatives.
The market is buying AppLovin after earnings, with the firm posting solid beats and providing encouraging commentary on early-stage growth initiatives.
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
Intesa Sanpaolo SpA ‘s first-quarter results came in better than expected on the back of a jump in trading revenue. Profit at Italy’s largest bank rose to €2.76 billion ($3.2 billion), it said in a statement Friday, compared with an consensus estimate of €2.59 billion. Trading revenue almost doubled while credit provisions declined unexpectedly. The Milan-based lender confirmed its guidance for ne...
Intesa Sanpaolo SpA ‘s first-quarter results came in better than expected on the back of a jump in trading revenue. Profit at Italy’s largest bank rose to €2.76 billion ($3.2 billion), it said in a statement Friday, compared with an consensus estimate of €2.59 billion. Trading revenue almost doubled while credit provisions declined unexpectedly. The Milan-based lender confirmed its guidance for net income of about €10 billion this year and a shareholder payout ratio of 95%. Chief Executive Officer Carlo Messina is counting on higher income from insurance, asset and wealth management to continue boosting revenue. He has ruled out a major bank takeover in Intesa’s home market, partly over anti-trust considerations, despite ongoing consolidation across the industry. Read More: Italy’s Bank CEOs Say They’re Ready to Start Next Deals Wave Shares declined as much as 2.6% after the release and were down 1.3% as of 12:58 p.m. in Milan trading. Earlier this month, UniCredit SpA, Intesa’s main peer in the country, beat on first quarter earnings across the board and upgraded its 2026 profit target. Intesa’s operating costs declined in the first quarter. Intesa previously announced plans to cut 6,100 jobs over the coming years, or about 7% of its total workforce. With little scope for large domestic deals the CEO to prioritize measures such as curbing risk, lowering costs and boosting fee business to reduce reliance on lending. Revenue 7.15 6.80 6.95 Net interest Income 3.64 3.63 3.63 Fees and Commissions 2.52 2.44 2.51 Trading 0.51 0.27 - Loan Loss Provisions 0.17 0.22 0.29 Net Income 2.76 2.62 2.59
3dsam79/iStock via Getty Images Engineering solutions provider Oceaneering International, Inc. ( OII ) recently released its Q1 2026 earnings results, which showed revenues grew 2.65% (YoY). Earnings from the aerospace and defense technologies (ADTech) business segment rose 35.1% (YoY), while revenues from energy slumped 3% (YoY). Despite the ~28.4% (YoY) decline in net income in Q1 2026, I will e...
3dsam79/iStock via Getty Images Engineering solutions provider Oceaneering International, Inc. ( OII ) recently released its Q1 2026 earnings results, which showed revenues grew 2.65% (YoY). Earnings from the aerospace and defense technologies (ADTech) business segment rose 35.1% (YoY), while revenues from energy slumped 3% (YoY). Despite the ~28.4% (YoY) decline in net income in Q1 2026, I will explain why I am rating this stock as a buy due to the surging demand from the defense segment and the management's focus on service-based contracts to grow production and lower operational risks. OII's share price is up 99.62% (YoY) and 54.27% (YTD). Earnings from aerospace & defense technologies grew 35.1% (YoY) to $131.25 million from $97.15 million recorded in the 3 months ending on March 31, 2025. It represented almost 20% of OII's revenues in Q1 2026, which stood at a total of $692.43 million. This segment primarily serves the "US government agencies and their prime contractors" (as shown in their 10-Q). Recent reports indicate that the US Navy intends to deploy "thousands of unmanned surface vessels to the Indo-Pacific by 2030" for military surveillance purposes. The report stated, By 2030, expect to see over 30 Medium Unmanned Surface Vessels (MUSV) just in the Indo-Pacific. Expect to see thousands of small USVs, and then you know, any number of [unmanned aerial systems] that are operating from either manned ships or unmanned ships." In the ongoing Iranian conflict, underwater drones were slated for deployment to help clear Iranian mines and establish safe passage for the maritime industry. The Strait of Hormuz (a critical chokepoint) is responsible for the passage of approximately 20% of the global oil and LNG, making it a critical shipping channel and consequential for operators of unmanned underwater vehicles (UUVs). Essentially, such a scenario will work to collapse bureaucratic defense procurement systems (that take years to actualize) to months in FY 2026 and 2...