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Trump Flags End to Iran Conflict, Sparking 5% Korea Surge After Best US Day Since May
TradingKey - Wednesday, April 1: Driven by an overnight surge in U.S. equities, Japanese and South Korean stock markets opened significantly higher. South Korea's KOSPI index opened up 5.3%, returning to the 5,300-point mark. During the session, KOSPI 200 futures rose 5%, triggering a circuit breake
TradingKey
25 minutes ago
Oracle begins layoffs affecting thousands, CNBC reports
March 31 (Reuters) - Cloud computing firm Oracle ORCL.N is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 employees working remotely in Washington state and at its Seattle offices effect...
Reuters
3 minutes ago
Trump to Give Speech Wednesday on Iran War, White House Says
President Donald Trump will deliver a speech on Wednesday at 9 p.m. Washington time to give an update about the war in Iran, White House Press Secretary Karoline Leavitt said.The plans for a prime-time address come after the US president said that he foresaw the US ending the war in Iran in the comi...
Tiger News
36 minutes ago
Japan's Nikkei jumps after Trump's comments raise bets for Middle East war de-escalation
TOKYO, April 1 (Reuters) - Japan's Nikkei share average jumped more than 3% on Wednesday, supported by hopes of de-escalation in the Middle East after U.S. President Donald Trump said the U.S. could end the Iran war in two to three weeks.The Nikkei .N225 rose 3.49% to 52,843.86 as of 0018 GMT, a...
Reuters
42 minutes ago
Apple's 50-year journey from garage to tech titan
By Aditya Soni and Akash SriramApril 1 (Reuters) - In early 1976 in California, Steve Wozniak had just completed the design of a computer circuit board he intended to share with fellow hobbyists at a prominent local club. His friend Steve Jobs also saw a business opportunity to manufacture and sell ...
Reuters
47 minutes ago
Australian Shares Surge on Hopes of De-escalation of Mideast Conflict
April 1 (Reuters) - Australian shares jumped on Wednesday, with miners and financials gaining the most, as reports of potential de-escalation in the month-long Middle East conflict improved investor sentiment and eased concerns about inflation.The S&P/ASX 200 index .AXJO was up 1.6% at 8,618.80 ...
Reuters
58 minutes ago
24H | Storage Shares Shine With SanDisk up over 2%; Optical Communications Shares Jump With Applied Optoelectronics up 3%
Storage shares jumped in overnight trading. SanDisk up over 2%; Micron, Western Digital, Seagate Tech up around 1%.Optical communications shares jumped in overnight trading. Applied Optoelectronics up 3%; Lumentum, Corning, Ciena up around 2%.
Tiger News
an hour ago
Nike forecasts surprise sales drop as China weakness hurts turnaround efforts
Nike expects China sales to fall 20% in current quarterQ3 wholesale revenue up 5%, but direct-to-customer sales drop 4%CEO Hill says turnaround efforts continue but progress slower than anticipatedBy Savyata Mishra and Nicholas P. Brown March 31 (Reuters) - Nike's NKE.N forecast of a surprise...
Reuters
an hour ago
Australia's Bioxyne hits nearly 8-year high on cannabis firm deal
Bioxyne BXN.AX rises as much as 9.5% to A$0.069, highest since June 5, 2018Pharmaceutical firm says its unit entered into manufacturing deal with Canada-based Aurora Cannabis ACB.TOAdds deal covers supply of medicinal cannabis oils into Australian marketYTD, BXN up more than 60%
Reuters
2 hours ago
Iran Has 'Necessary Will' to End War but Seeking Guarantees, Pezeshkian Says
Iranian President Masoud Pezeshkian said on Tuesday his country had the "necessary will" to end the ongoing war with Israel and the United States, but is seeking guarantees that the conflict would not be repeated."We possess the necessary will to end this conflict, provided that essential conditions...
Tiger News
2 hours ago
RPT-ROI-Unlike 2022, central banks to diverge if energy shock deepens: McGeever
By Jamie McGeever ORLANDO, Florida, March 31 (Reuters) - The last time the world faced a sudden surge in inflationary pressures from a severe supply shock and spiking energy prices, in 2021-22, major central banks responded in unison. That's unlikely to happen this time around.Five years ago,...
Reuters
2 hours ago
Nike falls after forecasting surprise Q4 sales drop
Shares of sportswear giant Nike NKE.N fall ~9% to $48 in extended trading Nike sees surprise drop in fourth‑quarter sales as persistent weakness in China and slow progress in clearing older inventory cloud its turnaround efforts CFO Matt Friend, in post-earnings call, says Nike...
Reuters
3 hours ago
Beyond Meat falls after dour quarterly results
Shares of faux meat products maker Beyond Meat BYND.O down ~14% at 60 cents in extended tradingCo misses Wall Street estimates for fourth-quarter sales and posts larger-than-expected operating loss due to sluggish demand for its higher-priced processed food productsResults reflect ongoing headwinds ...
Reuters
3 hours ago
Tommy Hilfiger, Calvin Klein parent up after upbeat annual profit forecast, Q3 results
Shares of fashion co PVH Corp PVH.N up ~2% at $71.03 in extended tradingCo expects adjusted EPS between $11.80 and $12.10, largely above expectations of $11.88 - data compiled by LSEGSees annual revenue to rise "slightly" compared with 2025 vs estimates of 0.95% riseCo also beats Q4 revenue ...
Reuters
3 hours ago
EXCLUSIVE-Investor Artisan Partners backs Unilever's plan to sell food unit
Artisan Partners calls Unilever-McCormick deal logical, tax-efficient, and good valueUnilever shares fall 7% after deal announcement, other investors express concernsArtisan Partners says Unilever can now focus on faster-growing personal and home care brandsBy Richa Naidu LONDON, March 31 (Reuter...
Reuters
4 hours ago
RH sinks after dour annual forecasts
Shares of luxury furniture retailer RH RH.N down ~18% at $114.88 in extended tradeCo sees annual revenue growth of 4% to 8%, below estimates of 8.8% growth, per data compiled by LSEGSees annual adjusted EBITDA margin of 14% to 16%, below 17.3% reported in 2025Co also reports Q4 net revenue of $843 m...
Reuters
4 hours ago
GLOBAL MARKETS-Global equities rebound on de-escalation hopes, ending a weak month
Wall Street indexes surge, but notch large monthly lossesSTOXX 600 fell 8% in March, biggest monthly loss since 2022Euro zone inflation rises on oil shock, data showsBy Chris Prentice and Elizabeth Howcroft NEW YORK/PARIS, March 31 (Reuters) - Global equity and bond markets jumped on Tuesday on s...
Reuters
4 hours ago
Epsium Enterprise Limited Announces Board Changes
MACAU, April 1, 2026 /PRNewswire/ -- Epsium Enterprise Limited (Nasdaq: EPSM) ("Epsium" or the "Company") today announced a change in the composition of its Board of Directors (the "Board"), effective as of the dates described below. Mr. Kewei Joshua Cui has resigned f...
PR Newswire
4 hours ago
Is SoFi a Fintech Winner or a 'Financial Engineering' Story?
Key PointsSoFi Technologies was recently targeted by short-sellersThe company was quick to respond, pushing back against the allegations. Despite strong recent financial results, concerns remain about SoFi's exposure to risky loans and valuation. 10 stocks we like better than SoFi Technologies › SoF...
The Motley Fool
4 hours ago
1 AI Software Stock That Can Outperform Palantir Over the Next Year
Key PointsPalantir has produced phenomenal financial results over the last few years.Its stock still trades for an astronomical valuation, and expectations are extremely high.10 stocks we like better than ServiceNow › Few software stocks have matched Palantir's (NASDAQ: PLTR) performance over the la...
The Motley Fool
5 hours ago
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