Market News
- Bond Traders Brace for New Gilts Selloff as Local Elections Loomby Alice Atkins on May 1, 2026 at 10:39 am
UK bond investors are shifting their focus from monetary policy to politics, with local elections next week seen as a potential catalyst for turmoil in government that could trigger a renewed selloff.
- Exxon Profit Surprises Analysts Despite Iran War’s Tumultby Kevin Crowley on May 1, 2026 at 10:30 am
Exxon Mobil Corp. outperformed expectations after oil-production increases from Guyana and the Permian Basin helped offset supply losses due to the Middle East war.
- Japan Can Boost the Yen But That’s Only a Short-Term Fixby Charles Riley on May 1, 2026 at 10:29 am
Analysts doubt that intervention can do more than briefly stabilize markets.
- Wall Street Is Bullish on Oracle, But Investors Aren’t Buying Itby Carmen Reinicke on May 1, 2026 at 10:28 am
To Wall Street, Oracle Corp. is a screaming buy. To many investors, however, the company’s relationship with OpenAI, its sizable debt load and the durability of its software business have made owning the stock a risk.
- Bolivia apuesta por el turismo para reactivar su economía y atraer divisas
Conocida desde hace tiempo por la minería y los combustibles fósiles, esta nación andina apuesta […]
- Chevron Profit Beats Estimates on War-Driven Surge in Oil Prices
Chevron Corp. exceeded profit expectations as higher oil and natural gas prices, as well as […]
- Bolivia Seeks a $3 Billion Tourism Boost to Revive Its Crumbling Economy
Long known for mining and fossil fuels, the Andean nation is now eyeing its natural resources as a […]
- Ares Earnings Miss Estimates Despite Record Fundraising Haul
Ares Management Corp., facing a slump in dealmaking while navigating broader market turmoil, […]
- Oil Set for Weekly Gain as Trump Says Iran Blockade Will Persist
Oil held a second weekly gain as US President Donald Trump said he was sticking with a naval […]
- US Stock Futures Signal Pause After Latest Record: Markets Wrap
US equity futures posted modest moves on Friday, suggesting a pause in the rally that’s pushed […]
- Gold Declines as Trump Vows to Maintain Pressure on Iran
Gold fell as traders weighed a standoff between the US and Iran that’s dashed expectations for […]
- India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens
India is preparing for a blistering summer until monsoon rains arrive in June, with above-normal […]
political news
- Iran War: The US States Where Gas Prices Are Surging Fastest Under Trumpon May 1, 2026 at 10:04 am
US President Donald Trump has vowed to maintain a naval blockade on Iran, reiterating that the policy is depriving the Islamic Republic of much-needed oil revenue. West Texas Intermediate, the main US crude marker, rallied toward $111 a barrel on Thursday, while Brent, the global benchmark, topped $126. Iran’s Supreme Leader Mojtaba Khamenei cast doubt on the prospects of a deal, vowing not to give up the Islamic Republic’s nuclear or missile technologies, and signaling Tehran would keep control of the Strait of Hormuz. The American Automobile Association says in California, the average statewide price for regular gasoline rose to $6.01, the highest since October 2023. Skyrocketing pump prices are a major political risk for President Donald Trump’s White House, especially ahead of the midterm elections. Bloomberg's Charlie Wells explains on "The Pulse with Francine Lacqua." (Source: Bloomberg)
- Corruption Scandals Are Plaguing Argentina’s Mileiby Manuela Tobias on May 1, 2026 at 9:59 am
The libertarian president is stretching the boundaries of what voters will take.
- How the Strait of Hormuz Has Become a Weapon of Warby Alex Longley, Julian Lee on May 1, 2026 at 9:40 am
No region of the world produces more oil and gas than the countries straddling the Persian Gulf, and most of it needs to travel by tanker via the Strait of Hormuz.
- How Taiwan Became the World's Most Perilous Geopolitical Chokepointby Tracy Alloway, Joe Weisenthal on May 1, 2026 at 8:00 am
Eyck Freymann on the biggest flashpoint of them all.
- Odd Lots: How Taiwan Could Become a Global Chokepoint (Podcast)by Tracy Alloway, Joe Weisenthal on May 1, 2026 at 8:00 am
The closure of the Strait of Hormuz has highlighted the potential for long-running theoretical chokepoints to turn into reality, with dramatic results for both geopolitics and the global economy. But the hypothetical scenario that policymakers have arguably been losing the most sleep over for decades is the prospect of a major conflict between China and Taiwan. So how likely is it, and what would such a conflict actually look like? On this episode, we speak with Eyck Freymann, author of the new
- Trump Says Iran Blockade ‘Incredible’ as Pump Prices Keep Rising
President Donald Trump said he was sticking with a naval blockade of Iranian ports amid concerns […]
- Trump Nominates Saphier for Surgeon General, Pulls Means
President Donald Trump pulled the nomination of wellness entrepreneur Casey Means to be US surgeon […]
- Trump Signs Legislation Ending Shutdown at Homeland Security
The longest partial shutdown in US history ended Thursday after the House passed funding for most […]
- Trump Says US Removing Scotch Tariffs After UK King’s Visit
US President Donald Trump said he would be removing some whiskey tariffs following a visit from […]
- Trump Signs Permit for Oil Pipeline Echoing Keystone XL
US President Donald Trump on Thursday signed a presidential permit authorizing the Bridger Pipeline […]
Wealth
- New Zealand House Prices Lack Momentum as Buyers Sidelinedby Tracy Withers on April 30, 2026 at 7:00 pm
New Zealand house prices have barely budged in 2026, as surging fuel costs and uncertainty linked to the Iran war sap buyer confidence and keep many on the sidelines.
- Goldman’s Covello Says Buy AI Hyperscalers Over Chipmakersby Michael Msika on April 30, 2026 at 6:58 pm
Investors looking to profit amid the buildout boom in AI infrastructure should favor big-spending “hyperscalers” over chipmakers, according to Goldman Sachs Group Inc.’s Jim Covello.
- Zuckerberg, Cook Not Interested in Buying NFL’s Seattle Seahawksby Kurt Wagner on April 30, 2026 at 6:47 pm
Mark Zuckerberg and Tim Cook aren’t planning a bid for the NFL’s Seattle Seahawks.
- Thomson Family to See $1 Billion Payout as AI Hits Reuters Stockby Ari Altstedter on April 30, 2026 at 6:33 pm
The Thomson family is on track to reap almost $1 billion from their eponymous company even as its shares have been among the hardest hit by the threat of artificial intelligence.
- EssilorLuxottica Heirs Reach Terms, Clearing Way to Close Estateby Daniele Lepido on April 30, 2026 at 4:40 pm
Three of EssilorLuxottica SA founder Leonardo Del Vecchio’s children reached agreement on terms for the transfer of a 25% stake in the family holding company, paving the way for a resolution of the Italian billionaire’s estate nearly four years after his death.
Tech & Innovation
- Uber Acquires Rival FlyTaxi in Hong Kong Push, Sing Tao Reportsby Bei Hu on May 1, 2026 at 9:59 am
Uber Technologies Inc. has agreed to acquire Hong Kong’s FlyTaxi as part of its expansion plans in the city, Sing Tao Daily reported, citing an announcement by the US-based company.
- AI Agents Are Becoming Day Traders, But Gains Are Elusiveby Emily Nicolle on May 1, 2026 at 9:45 am
Jake Nesler’s AI trading bot got one big decision right in its first week. It ignored the chase.
- Apple Sales Forecast Beats Estimateson May 1, 2026 at 6:25 am
Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for "several months." Bloomberg Intelligence's Matthew Bloxham breaks down the situation. (Source: Bloomberg)
- Toto Shares Surge on Plans to Boost Chip Parts Businessby Alice French on May 1, 2026 at 2:26 am
Toto Ltd. shares soared as much as 18%, the most on record, in Tokyo after the toilet maker said it plans to ramp up investment in its chip components business due to strong AI demand.
- OpenAI CFO Sees ‘Vertical Wall of Demand’ for Productsby Shirin Ghaffary on May 1, 2026 at 1:41 am
OpenAI Chief Financial Officer Sarah Friar pushed back on concerns about missing internal targets, saying the company is meeting objectives and sees “a vertical wall of demand” for its products.
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