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The Latest Breaking News on Business

Battle of the shopping giants as Walmart and Amazon race to speed up deliveries to rural America

Walmart and Amazon are racing to speed up order deliveries in small, rural areas of the USA

The Independent UK

Canadian Tire Q1 Earnings Call Highlights

Canadian Tire (TSE:CTC) reported first-quarter 2026 earnings that management said came in ahead of plan, as stronger retail revenue and disciplined expense management helped offset weather-related weakness in comparable sales. President and CEO Greg Hicks said the company “continued to perform and

MarketBeat

Bitcoin slips towards $79K as higher Treasury yields and oil prices pressure trigger risk-off sentiment

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin's pullback is macro-driven, with key resistance at $82,000-$82,500.

The Economic Times

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Boston Pizza Royalties Income Fund Q1 Earnings Call Highlights

Boston Pizza Royalties Income Fund (TSE:BPF.UN) reported higher first-quarter franchise sales and distributable cash as Boston Pizza International said promotional activity and guest traffic supported results across its restaurant network. On a May 13 conference call, Jordan Holm, president of Bost

MarketBeat

Gold at over one-week low as dollar, yields climb, Middle East tensions stoke inflation

Gold prices have fallen to a one-week low. This decline is driven by rising U.S. Treasury yields and a stronger dollar. Inflation fears from the Middle East conflict are also pushing interest rate hike expectations. Other precious metals like silver, platinum, and palladium have also seen significant drops. Investors are…

The Economic Times

Tecogen Q1 Earnings Call Highlights

Tecogen (OTCMKTS:TGEN) reported lower first-quarter revenue and a wider loss as management said the company is investing in research, marketing and manufacturing capacity tied to its push into the data center market. On the company’s Q1 2026 earnings call, Chief Executive Officer Abinand Rangesh sa

MarketBeat

Institutional investors flocked to establish new stakes in semiconductor firms in first quarter

Institutional investors actively bought shares in semiconductor companies such as Micron and Intel during the first quarter. This move positioned them to benefit from a significant market rally. Demand for memory chips, fueled by AI development, drove substantial gains. Investors also showed interest in AI infrastructure and data center companies.…

The Economic Times

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Soybeans Close Friday with Bears Pushing Lower

Soybeans were extending the late week losses with close Friday with contracts down 7 to 15 1/12 cents. July was down 31 cents on the week, as November was down 18 ¾ cents. The cmdtyView national average Cash Bean price was down 19 cents at $11.09 1/4. Soymeal futures were...

Barchart

Trump says China is blocking Nvidia H200 purchases despite US approval — says country 'chose not to' sanction purchases, pushing homegrown chips instead

President Donald Trump said on Friday that Beijing is refusing to let Chinese companies buy Nvidia's H200 AI chips.

Tom’s Hardware

Unusual Machines Q1 Earnings Call Highlights

Unusual Machines (NYSEAMERICAN:UMAC) reported sharply higher first-quarter 2026 revenue and said it is continuing to expand capacity to meet demand from the U.S. drone market, particularly from defense-related customers. Chief Executive Officer Allan Evans said the drone components company generate

MarketBeat

Pedevco Q1 Earnings Call Highlights

Pedevco (NYSEAMERICAN:PED) reported first-quarter 2026 results that management said exceeded internal expectations in the company’s first full quarter following its merger with Juniper, with higher production from DJ Basin wells driving a sharp year-over-year increase in revenue and Adjusted EBITDA.

MarketBeat

Is Wall Street Bullish or Bearish on Builders FirstSource Stock?

Despite Builders FirstSource’s underperformance relative to the broader market over the past six months, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Soybeans Pushing Correction to Midday

Soybeans are pushing the retreat to Friday, with contracts down 14 to 15 cents at midday. The cmdtyView national average Cash Bean price is down 19 cents at $11.09 1/4. Soymeal futures are back up 70 cents to $1.70, with Soy Oil futures falling steady at midday. There was 1...

Barchart

Berkshire Hathaway triples Alphabet stake and invests in Delta and Macy's under new CEO

Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the CEO job after taking over from Warren Buffett at the start of the year

The Independent UK

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Barchart

Cisco Stock Jumps 13% as the Company Cuts 4,000 Jobs to Pivot Toward AI. Its Growth Story Is Far From Over.

Cisco is doing what long-term investors want to see: cutting the fat and chasing the opportunity. This tech stock looks like a buy.

Barchart

Are Wall Street Analysts Bullish on Lowe's Stock?

While Lowe's has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

The Independent UK

Robots can’t travel on Southwest planes as passengers - or luggage, airline announces

The airline cited lithium-ion battery hazards as the primary reason for the ban

Guitar World

“We have spent more than $100,000 in tariffs since April 2025”: EarthQuaker Devices CEO calls for musical instruments to be exempt from tariffs as industry continues to be negatively hit

Julie Robbins says money being spent on tariffs could be used to create “good jobs for Ohioans and provided our team with more resources to innovate”

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news in one place.

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Motor1

Man Buys Car At Dealership. Then He Discovers He Has A Loan Out On A Car He Didn’t Even Realize He Owned: 'This Is Crazy, Right?'

A car dealer says a customer walked into his dealership trying to buy a vehicle, only to discover another dealership had apparently left him with an auto loan he didn’t even know existed.

The Independent UK

Starbucks lays off 300 office staff

Some 2,300 corporate employees have been let go in three rounds of layoffs since February 2025

Barchart

Are Wall Street Analysts Bullish on Kimberly-Clark Stock?

Kimberly-Clark has underperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

MarketBeat

W&T Offshore Q1 Earnings Call Highlights

W&T Offshore (NYSE:WTI) reported first-quarter 2026 results that management said met or exceeded guidance across several operational and financial measures, helped by steady production, higher realized pricing and lower operating costs. Chairman and CEO Tracy Krohn told investors the Gulf of Me

Barchart

Do Wall Street Analysts Like Otis Worldwide Stock?

Otis Worldwide has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

Danaher Stock: Analyst Estimates & Ratings

Danaher has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

Marsh & McLennan Stock: Analyst Estimates & Ratings

Although Marsh & McLennan has underperformed the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's prospects.

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