Chinese electric vehicle maker BYD reported another monthly decline in vehicle sales, marking its longest-ever downturn as demand in its home market remains subdued. BYD’s vehicle sales fell 15.5% year-on-year in April, extending the streak to eight consecutive months of decline. The figures were based on Reuters calculations using data from a Weibo post by
Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter results and issued an upbeat revenue forecast, highlighting growing returns from its artificial intelligence-driven advertising strategy. The stock rose about 12% ahead of the open, extending gains after climbing 6.3% in after-hours trading following the earnings release. Despite the rally,
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions and oil market volatility. The Dow Jones Industrial Average rose about 180 points, or 0.36%, while the S&P 500 gained 0.54% and the Nasdaq Composite
Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company’s revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives. The stock fell 1.6% on Friday after the results came out. The strong underlying
The European Central Bank (ECB) kept its key interest rates unchanged on Thursday, while warning that the war involving Iran is intensifying inflation risks and weighing on economic growth in the euro zone. The central bank, which sets monetary policy for the 21 countries using the euro, left its deposit rate at 2%, in line
Caterpillar reported stronger-than-expected first-quarter earnings on Thursday, driven by robust demand across its construction and power generation businesses, with shares rising nearly 6% in premarket trading. The industrial giant, widely viewed as a bellwether for global economic activity, posted earnings per share of $5.54 on revenue of $17.4 billion. That surpassed Wall Street expectations of
US consumers faced renewed inflationary pressure in March as rising oil prices linked to the Iran conflict pushed costs higher, complicating the policy path for the Federal Reserve. Data released by the US Commerce Department on Thursday showed that the personal consumption expenditures price index, the Fed’s preferred inflation gauge, rose sharply during the month.
US stocks opened higher on Thursday as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East and persistent inflation concerns. The Dow Jones Industrial Average rose about 0.64% or 314 points, while the S&P 500 gained roughly 0.22%. Nasdaq 100 advanced around 0.06%. Earnings strength supports market sentiment Investor sentiment found
Real Finance has announced a strategic partnership with Wiener Privatbank to develop a regulated institutional framework for participation in blockchain-based financial markets. The collaboration aims to connect traditional banking infrastructure with the REAL blockchain, allowing institutional clients to access on-chain financial products within a structure aligned with European regulatory standards. Under the agreement, Wiener Privatbank
Stellar (XLM) has been moving through a weak stretch in the market, extending its decline over the past seven days even as the network continues to push new development initiatives. The token is currently trading around $0.159, showing only mild short-term recovery attempts after slipping under key technical levels. Despite occasional intraday rebounds, the broader