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US Stocks Likely To Open In Green As Investors Eye ‘Magnificent 7’ Earnings This Week: Oil Prices Tumble, Expert Highlights Best ‘Sell In May’ Period Since 2009
Stocks set for positive start after mixed week, earning news may cushion downside. Nasdaq gains 7th straight week, 7 ‘Magnificent’ companies to post earnings. read more
XPeng Starts Constructing Flying Car Manufacturing Base In China Even As Elon Musk’s Tesla Is Yet To Start Production Of New Roadster That Can ‘Fly’
XPENG AEROHT, an affiliate of XPeng Inc., is building a flying car manufacturing base in China, with a projected annual capacity of 10,000 units. read more
Boeing Eyes $15B Fundraise As It Struggles Due To Strikes And Mounting Losses: Report
The capital will be raised through a mix of common stock and convertible preferred shares. read more
Dutch Health Tech Firm Philips’ Q3 Earnings Miss Expectations, Lowers Annual Forecasts On Weak Demand In China
Philips’ Q3 adjusted EPS missed consensus, impacted by declining demand in China, while other regions showed solid growth. read more
Oil Prices Drop Over 6% As Supply Fears Ease; Asia And Europe market Up – Global Markets Today While US Slept
Summary: U.S. markets closed mixed with Nasdaq up, boosted by megacap stocks. Tesla’s sales forecast and rising Treasury yields influenced trading. Asia markets were mostly up, while European stocks and commodities were mixed. U.S. futures and forex also showed gains. read more
Elbit Systems Secures $200M Contract For High-Power Laser Defense; Stock Gains
Elbit Systems secures $200 million contract from Israeli Ministry of Defense for high-power laser systems for Iron Beam air defense. read more
Ahead Of ‘Mag 7’ Earnings Season, Michael Saylor Celebrates Bitcoin Proxy MicroStrategy’s Record-Breaking Trading Volume, Says King Crypto Makes ‘Magnificent 8’
MicroStrategy Inc. (NASDAQ:MSTR) ended Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Saylor to celebrate by coining the term “Magnificent 8.” read more
Elon Musk And Jeff Bezos’ Satcom Firms Push For Lower Spectrum Charges In India Foray: Report
This story was first published on the Benzinga India portal. read more
Delta Airlines Is Flying Higher During Pre-Market: What’s Going On
This uptick follows the airline’s recent legal action against Crowdstrike. read more