Match of the Day pundit Danny Murphy explains why Arsenal manager Mikel Arteta deserves credit after his side beat West Ham to take a huge step towards the Premier League title.
Match of the Day pundit Danny Murphy explains why Arsenal manager Mikel Arteta deserves credit after his side beat West Ham to take a huge step towards the Premier League title.
CSL Ltd. cut its full-year outlook and flagged about $5 billion in additional impairments, saying a turnaround will take longer than expected after a review by its interim chief executive. The Australian biotech now expects revenue of about $15.2 billion and net profit of about $3.1 billion for the year ending June 30, 2026 — both at constant currency — after demand trends and market pressures wei...
CSL Ltd. cut its full-year outlook and flagged about $5 billion in additional impairments, saying a turnaround will take longer than expected after a review by its interim chief executive. The Australian biotech now expects revenue of about $15.2 billion and net profit of about $3.1 billion for the year ending June 30, 2026 — both at constant currency — after demand trends and market pressures weighed on performance, the company said in a statement Monday. Interim CEO Gordon Naylor said growth initiatives are “working” but that benefits will take longer to materialize, with inventory normalization in US immunoglobulin, weaker albumin pricing in China and other factors hitting revenue. CSL also warned of further non-cash writedowns tied to its Vifor acquisition and underutilized assets, adding to earlier impairments as it tries to reset strategy and restore growth.
For decades, the 4% rule has been one of the most widely cited guidelines in the context of retirement planning. The idea is simple -- withdraw 4% of your savings during your first year of retirement, adjust future withdrawals for inflation , and theoretically enjoy a portfolio that lasts roughly 30 years. The 4% rule has gained a lot of popularity over the years because it addresses a core fear a...
For decades, the 4% rule has been one of the most widely cited guidelines in the context of retirement planning. The idea is simple -- withdraw 4% of your savings during your first year of retirement, adjust future withdrawals for inflation , and theoretically enjoy a portfolio that lasts roughly 30 years. The 4% rule has gained a lot of popularity over the years because it addresses a core fear among retirees -- running out of money. The rule is based on actual market data. Image source: Getty Images. Continue reading
Cerebras Systems Inc. is considering raising its initial public offering price range to between $150 and $160 per share, up from $115 to $125 per share previously, Reuters reported on Sunday. The artificial intelligence chipmaker also plans to increase the number of shares offered via the IPO to 30 million from the 28 million it previous planned, the report said, citing unnamed sources familiar wi...
Cerebras Systems Inc. is considering raising its initial public offering price range to between $150 and $160 per share, up from $115 to $125 per share previously, Reuters reported on Sunday. The artificial intelligence chipmaker also plans to increase the number of shares offered via the IPO to 30 million from the 28 million it previous planned, the report said, citing unnamed sources familiar with the matter. The reported adjustment comes as the chipmaker saw strong demand from investors for its offering, which had already received indications of interest from investors for more than $10 billion of shares before formal marketing began. People familiar with the matter told Bloomberg on Friday that Cerebras expects to raise the price range to $125 to $135 per share as soon as Monday. Based on new price range and share offering reported by Reuters, the chipmaker could raise roughly $4.8 billion should the shares price at $160 per share.
U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”
U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”
Traders work at the New York Stock Exchange on May 7, 2026. NYSE Stock futures ticked lower Sunday night, following a winning week on Wall Street, as oil prices jumped after President Donald Trump rejected Iran's latest proposal to end the war. Futures tied to the Dow Jones Industrial Average slid 143 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures each also lost 0.3%. Sunday's moves come ...
Traders work at the New York Stock Exchange on May 7, 2026. NYSE Stock futures ticked lower Sunday night, following a winning week on Wall Street, as oil prices jumped after President Donald Trump rejected Iran's latest proposal to end the war. Futures tied to the Dow Jones Industrial Average slid 143 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures each also lost 0.3%. Sunday's moves come after the S&P 500 and Nasdaq Composite rallied more than 2% and 4%, respectively, last week. Both indexes recorded their sixth-straight winning weeks — a first for each since 2024. The Dow rose 0.2% for the week, notching its fifth week of gains out of the last six. Stocks advanced to end the week on Friday after the U.S. nonfarm payrolls report showed an increase of 115,000 jobs in April, surpassing expectations of 55,000 from economists polled by Dow Jones. The S&P 500 and Nasdaq both ended Friday's session at all-time highs. Iran sent a new proposal to U.S. negotiators, centered on ending the monthslong conflict. The counteroffer stressed the need to end the war on all fronts and to lift sanctions on Tehran, Iran's semi-official Tasnim news agency said , citing an informed source. In response, Trump said in a Truth Social post that he did not like Iran's response, adding that it was "TOTALLY UNACCEPTABLE!" Nonetheless, some market watchers expect U.S. markets to remain resilient despite the uncertainty. "The economy may slow somewhat from its prior path, due to the Iran war and subsequent oil price shock," said Rick Rieder, chief investment officer of global fixed income at BlackRock. But, "there are many much larger structural components that should keep the aggregate economy in much better shape than many people expect." Investors this week will focus on the April consumer and producer price indexes, which may offer fresh insight into how the war is impacting inflation. Traders will also monitor earnings reports this week from companies such as Under Armour and Cisco ....