Airlines trim 13,000 May flights as jet fuel costs spike globally
Global airlines have cut around 13,000 flights scheduled for May, as surging jet fuel prices driven by the Middle East conflict force carriers
Economy
Economy
Corning stock surges 20% on Nvidia deal to expand AI optical manufacturing
Shares of Corning surged about 20% in premarket trading on Wednesday after the company announced a multiyear partnership with Nvidia to expand optical
Economy
US private payrolls beat estimates as hiring rises to 109,000 in April
Private sector hiring in the United States came in stronger than expected in April, offering fresh evidence of labor market resilience and reinforcing
Economy
Dow jumps 448 points on Iran deal hopes, AI rally lifts stocks
Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued
Gold
TLT ETF stock forecast as Peter Schiff warns on the US 30-Year Bond yields
The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest
Gold
Commodity wrap: Gold rebounds from 5-week low as oil slips 2%
Oil prices fell more than 2% on Tuesday, but Brent crude was still above $110 per barrel as re-escalation in tensions in the
Gold
Interview: MB Commodities’ Maleeha Bengali on why UAE just walked out on OPEC
The United Arab Emirates’ surprise exit from OPEC marked a turning point in global energy politics, signalling a shift from cartel discipline to
Gold
PayPal stock drops 10%: can AI savings revive growth?
Shares of PayPal Holdings Inc. (NASDAQ: PYPL) fell sharply in premarket trading, down more than 10%, despite the company reporting first-quarter results that
Gold
Alphabet’s euro bond offering sees strong demand
Alphabet Inc. is moving ahead with its largest-ever euro-denominated bond sale, attracting strong investor demand as it ramps up funding for artificial intelligence
Gold
Dow jumps 190 pts as oil prices fall, despite Middle East tensions
Wall Street’s main indexes recovered on Tuesday, as easing oil prices provided relief to equity markets despite renewed tensions in the Middle East