Market News
- US Stock Futures Dip on Reports of Increasing Mideast Tension
by Felice Maranz on May 4, 2026 at 11:00 amUS stock futures saw volatile early Monday trading with news reports of Iranian missiles hitting a US Navy ship. While those reports cited IRGC-aligned Fars News Agency, a senior US official said that a ship was not hit by Iranian missiles, according to Axios, which helped futures erase some of the earlier losses.
- Alabbar: Dubai Property Market Resilient Amid War Turmoil
on May 4, 2026 at 10:59 amEmaar Properties CEO Mohamed Alabbar says that Dubai’s property market remains resilient despite regional tensions, citing strong buyer confidence and stable collections across customers. While acknowledging short-term supply chain disruptions linked to the Strait of Hormuz closure, Alabbar expects a quick regional rebound. He spoke with Bloomberg TV's Joumanna Bercetche from the sidelines of MIITE in Abu Dhabi. (Source: Bloomberg)
- Geothermal Energy Developer Fervo Seeks $1.33 Billion in US IPO
by Monique Mulima on May 4, 2026 at 10:48 amFervo Energy Co., a geothermal energy developer, is looking to raise as much as $1.33 billion in a US initial public offering, as more firms seek to capitalize on the growing power demand for data centers.
- Immune System Biotech Odyssey Seeks $238.3 Million in US IPO
by Avalon Pernell on May 4, 2026 at 10:45 amOdyssey Therapeutics Inc., a clinical stage biotechnology firm focused on autoimmune and inflammatory diseases, is seeking to raise $238.3 million in an initial public offering.
- Trump’s ‘Project Freedom’ Plans to Guide Trapped Ships Through Hormuz
US President Donald Trump announced a fresh plan to help vessels through the Strait of Hormuz as […]
- The Growing Divide of Tech’s Winners and Losers
Alphabet, Meta shares head in opposite directions after earnings
- KKR-Backed Air Ambulance Firm GMR Seeks $797.9 Million in US IPO
GMR Solutions Inc., an air and ground emergency medical services company, is seeking to raise as […]
- Medical Device Maker Mobia Seeks to Raise $160 Million in US IPO
Mobia Medical Inc., a maker of medical devices to help stroke survivors, is seeking to raise as […]
- Bond Traders Look to Treasury Refunding, Fed Speakers and Jobs
US bond traders will focus on this week’s announcement of the Treasury Department’s borrowing […]
- Oil Swings on Signs of Heightened Tensions in Strait of Hormuz
Oil fluctuated sharply on signs of heightened tensions in the Strait of Hormuz after President […]
- Stocks Whipsaw With Oil on Renewed Mideast Tension: Markets Wrap
US futures whipsawed and crude oil spiked higher as tensions flared up in the Middle East, taking […]
- Modi Set for Landmark Win in Key Opposition-Ruled Indian State
Prime Minister Narendra Modi’s party was set to secure its first-ever election victory in the […]
political news
- A New Contest for Global Influence Is Emerging in the Caucasus
by Anthony Halpin on May 4, 2026 at 9:59 amArmenia is hosting twin summits as the region comes increasingly in geopolitical focus.
- Colombian Presidential Candidate Seeks Trump’s Help for War on Cocaine Gangs
by Matthew Bristow on May 4, 2026 at 9:15 amColombians face a hard, familiar choice in this month’s presidential election: negotiate with violent criminals, or go back to war against them.
- Ukraine Strikes on Russian Ports Are Self-Defense, Estonia Says
by Ott Tammik on May 4, 2026 at 9:10 amEstonian Prime Minister Kristen Michal maintained his backing for Kyiv’s campaign of attacks against Russian port facilities in the Baltic region after Ukrainian drones again strayed into Estonian and Finnish territory.
- French Far-Left’s Melenchon to Run in 2027 Presidential Election
by Kavita Mokha on May 4, 2026 at 8:38 amJean-Luc Melenchon said he will run for French president for a fourth time, positioning himself as the most established left-wing contender in the race to succeed Emmanuel Macron in 2027.
- Trump Announces Plan to Get Ships Out of Hormuz, Vows US Support
by Arsalan Shahla, Omar Tamo on May 4, 2026 at 8:05 amPresident Donald Trump said the US will help ships stranded in the Persian Gulf transit the Strait of Hormuz, describing it as a “humanitarian gesture” and testing his ability to restore traffic through the strategic waterway for the first time since the war with Iran began.
- Trump Casts Doubts on Iran Peace Proposal as Details Emerge
Efforts continued to broker an end to the Iran war, now into its third month, as US President […]
- Rep. Fields: We Need Term Limits on the Supreme Court
The US Supreme Court sharply limited the use of the Voting Rights Act to create predominantly Black […]
- Rubio Plans Italy Visit After Trump’s Clashes With Meloni, Pope
Secretary of State Marco Rubio will travel to Rome later this week, according to people familiar […]
- Two US Service Members Go Missing During Exercise in Morocco
Two US Army service members went missing in Morocco during a training exercise, the US Africa […]
- Schumer Wants to Ban Lawmakers, Officials on Prediction Markets
Senate Democratic leader Chuck Schumer called on the House of Representatives and the White House […]
Wealth
- World’s Rich Boost Conflict-Economy Bets as Asset Prices Surge
by Benjamin Stupples on May 4, 2026 at 8:24 amMembers of the world’s ultra-wealthy are striking bets on a range of sectors seeing valuation swings in the fallout from the war in the Middle East, signaling how rising geopolitical tensions are reshaping private investors’ focus.
Tech & Innovation
- Musk Sketches Apocalyptic Vision in Bid to Block OpenAI’s Transition
by Austin Carr on May 4, 2026 at 11:02 amWarnings about various risks to humankind are a typical part of the billionaire’s rhetoric
- Nvidia Rival Cerebras Seeks to Raise $3.5 Billion in US IPO
by Carmen Reinicke on May 4, 2026 at 10:16 amCerebras Systems Inc. is seeking to raise as much as $3.5 billion in an initial public offering, as the artificial intelligence chipmaker and data center operator looks to counter rivals in the red-hot sector.
- State Healthcare Sites Are Sharing Personal Data with Big Tech
by Tanaz Meghjani, Dhruv Mehrotra, Surya Mattu on May 4, 2026 at 10:15 amSome state healthcare sites sent personal information — location, race, immigration data — to TikTok, Meta and other big tech companies. Experts say existing privacy laws aren’t enough.
- Carlyle Acquires Healthcare RCM Providers Knack and EqualizeRCM
by Will Davies (News) on May 4, 2026 at 10:03 amCarlyle Group Inc. has acquired a majority stake in healthcare revenue cycle management firms Knack RCM and EqualizeRCM, it said in a statement Monday, without disclosing terms.
- Meme Stock GameStop Pitches $56 Billion eBay Takeover
on May 4, 2026 at 9:47 amGameStop is proposing to buy eBay for about $56 billion in cash and stock, offering $125 per share in cash and stock for the online marketplace, or about a 20% premium to its Friday close. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)
