Wall Street opened higher on Friday ahead of the Memorial Day holiday weekend as investors monitored ongoing diplomatic efforts surrounding the nearly three-month-long conflict in the Middle East, while easing Treasury yields and continued enthusiasm around artificial intelligence supported broader market sentiment. The Dow Jones Industrial Average rose roughly 373 points, or 0.74%, while the
Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It rose to $136, modestly higher than the year-to-date low of $110. Workday stock is soaring after earnings report WDAY stock has been under pressure in the past few years, moving from a
Shares of IMAX jumped 16% on Friday after a report from The Wall Street Journal said the company is exploring a potential sale and has approached entertainment companies as possible buyers. The move has fueled speculation that the premium cinema technology company could become an acquisition target for major media and technology firms. According to
Shares of Nvidia (NVDA) continued to drift lower Friday following the company’s blockbuster earnings report, but the muted reaction has also made the stock appear increasingly attractive to analysts. Nvidia shares fell around 1.2% to $216.26 in early trading after dropping 1.8% Thursday in the session immediately following earnings. The decline came despite Nvidia once
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even as policymakers grow increasingly concerned about inflation pressures tied to the conflict between Israel and Iran. Data released on Thursday showed initial claims for state unemployment benefits dropped by 3,000 to a
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit outlook for the current quarter, disappointing investors despite continued sales growth and strong e-commerce momentum. The company said rising fuel prices are beginning to alter consumer spending patterns, pushing more budget-conscious shoppers
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders are betting against some of the top names in the industry, like CoreWeave, Nebius, and IREN. CoreWeave, Nebius, and IREN short interest is rising Data shows that the short interest of some
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag while debt levels remain elevated. Following its annual staff visit to the country, the IMF said France’s public budget deficit narrowed to 5.1% of gross domestic product in 2025. However, the fund
Precious metals have always been a barometer of global unease. Wars, sanctions, currency crises, and confidence shocks have been moving silver and gold for as long as records exist, and the pattern has not broken down in the modern era. Anyone who pays attention to the price of silver today on a live chart, such
US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while investors evaluated whether Nvidia delivered enough upside to justify its elevated valuation after another strong earnings report. The S&P 500 fell 0.48%, while the Nasdaq Composite declined 0.56%. The Dow Jones Industrial