Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that it would be impossible to reopen the Strait of Hormuz due to the actions of the US.
Bella Javier Liamzon
Apr 23, 2026
NEW YORK — GameStop Corp. shares jumped more than 4.7% in midday trading Wednesday, climbing to $25.61 as renewed retail investor enthusiasm and speculation around CEO Ryan Cohen's ambitious turnaround plans fueled the latest surge in the iconic meme stock.
George Anton
Apr 23, 2026
NEW YORK — The Dow Jones Industrial Average climbed sharply in early trading Wednesday, rising 0.76 percent or 375.78 points to 49,525.16 as investors welcomed President Donald Trump's decision to extend the U.S. ceasefire with Iran indefinitely, easing immediate fears of renewed escalation in the Middle East and supporting risk appetite across global markets.
Mike Clair
Apr 22, 2026
DETROIT — General Motors Co. has indefinitely delayed development of its next-generation full-size electric trucks, including refreshed versions of the Chevrolet Silverado EV, GMC Sierra EV, Cadillac Escalade IQ and GMC Hummer EV models, as the automaker shifts resources toward internal combustion engines and hybrid technology in response to softening demand for battery-electric pickups.
Tony Jackson
Apr 22, 2026
AUCKLAND, New Zealand — Air New Zealand announced Wednesday that Chief Financial Officer Richard Thomson has resigned and will depart the national carrier on Aug. 28, prompting the airline to immediately begin searching for his successor amid ongoing operational and financial challenges.
Tony Jackson
Apr 22, 2026
LONDON — The FTSE 100 index climbed modestly in early trading Wednesday, rising about 0.11 percent to around 10,510 as investors weighed ongoing geopolitical developments in the Middle East and mixed signals from global markets following a sharp drop the previous day.
Mike Clair
Apr 22, 2026
US President Donald Trump has extended its ceasefire with Iran indefinitely in an effort to bring both parties back to the negotiating table.
Bella Javier Liamzon
Apr 22, 2026
SYDNEY — Australian investors are grappling with the question of whether to buy or sell Bitcoin in 2026 as the cryptocurrency trades near all-time highs above US$94,000 while facing a complex mix of institutional adoption, regulatory clarity, and macroeconomic risks that could shape its trajectory for the rest of the year.
Mike Clair
Apr 22, 2026
SYDNEY — Cochlear Limited shares plunged as much as 41% on Wednesday, trading as low as $101.60 after the world's largest cochlear implant maker reported disappointing first-half 2026 results, lowered full-year profit guidance and highlighted slower-than-expected adoption of its flagship Nucleus Nexa system.
Mike Clair
Apr 22, 2026
SYDNEY — Cochlear Limited shares plunged as much as 41% on Wednesday, trading as low as $101.60 after the world's leading cochlear implant maker reported disappointing first-half 2026 results, lowered full-year profit guidance and highlighted slower-than-expected adoption of its new Nucleus Nexa system.
Mike Clair
Apr 22, 2026
SYDNEY — The S&P/ASX 200 index fell sharply on Wednesday, closing down 81.7 points or 0.91% at 8,867.7 as renewed concerns over the U.S.-Iran standoff in the Middle East and a surge in oil prices pressured energy and materials stocks while broader risk sentiment remained cautious.
Tony Jackson
Apr 22, 2026
NEW YORK — Starbucks Corp. shares slipped in midday trading Tuesday, falling 1.62% to $97.35 as investors grew cautious ahead of the coffee giant's fiscal second-quarter 2026 earnings report scheduled for April 28, with concerns over slowing same-store sales growth and ongoing challenges in China weighing on sentiment.
Mike Clair
Apr 22, 2026
SEOUL, South Korea — POSCO Holdings Inc. shares surged more than 8% Tuesday on the Korea Exchange, closing at 421,500 won after gaining 32,000 won, as investors cheered approval for a major low-carbon iron plant in Western Australia and positive technical signals ahead of the company's upcoming first-quarter 2026 earnings and business plan presentation.
Tony Jackson
Apr 22, 2026
ARLINGTON, Texas — D.R. Horton Inc. shares jumped sharply in morning trading Tuesday after the nation's largest homebuilder reported fiscal second-quarter 2026 results that exceeded earnings expectations and showed resilient demand through higher net sales orders, despite ongoing affordability challenges in the housing market.
Mike Clair
Apr 22, 2026
OMAHA, Neb. — Valmont Industries Inc. shares rocketed more than 13% in early trading Tuesday after the infrastructure and agriculture products maker posted stronger-than-expected first-quarter results and raised its full-year 2026 earnings guidance, highlighting robust demand in North American utility markets and effective pricing strategies.
Mike Clair
Apr 22, 2026
NEW YORK — GameStop Corp. shares rose modestly in early trading Tuesday, climbing to $25.21 as the video game retailer continued to draw attention following its recent launch of Power Packs, a digital trading card platform that lets collectors buy packs to unlock real PSA-graded physical cards stored securely in a vault.
Tony Jackson
Apr 21, 2026
NEW YORK — Avis Budget Group Inc. shares continued their meteoric rise Tuesday, surging more than 15% in early trading to $700.51 as one of the most intense short squeezes in recent memory showed no signs of easing, with short interest exceeding 50% of the float and hedge funds scrambling to cover positions.
Mike Clair
Apr 21, 2026
NEW YORK — Tesla Inc. shares edged lower in morning trading Tuesday, dipping 0.42% to $390.86 as Wall Street positioned for the electric vehicle maker's first-quarter earnings report due after the bell on Wednesday, with focus squarely on robotaxi progress, capital spending plans and the outlook for autonomy amid slowing vehicle delivery growth.
Mike Clair
Apr 21, 2026
NEW YORK — The Dow Jones Industrial Average climbed more than 210 points in early trading Tuesday, pushing the blue-chip index above 49,653 as investors brushed aside lingering Middle East tensions and focused on corporate earnings momentum and signs of diplomatic progress in U.S.-Iran talks.
Mike Clair
Apr 21, 2026
CANBERRA, Australia — In a surprise move that could ease pressure on Australian beef exporters amid tightening quotas, China has granted export licences to eight new Australian meat facilities, including two abattoirs and six cold storage distribution centres, just months after imposing safeguard tariffs aimed at protecting its domestic cattle industry.
Tony Jackson
Apr 21, 2026
World oil prices slipped modestly Tuesday amid tentative optimism over U.S.-Iran diplomatic efforts, with Brent crude hovering near $94.70 per barrel as traders weighed mixed signals from the Middle East against lingering threats to global energy supplies.
Tony Jackson
Apr 21, 2026
LONDON — The FTSE 100 index rose modestly Tuesday, climbing 0.14% to 10,623.74 by mid-morning trading as cautious optimism over potential U.S.-Iran diplomatic progress helped steady investor nerves following weeks of geopolitical volatility in the Middle East.
Daniel Lee
Apr 21, 2026
OMAHA, Neb. — Warren Buffett, the legendary investor who built Berkshire Hathaway Inc. into a trillion-dollar powerhouse over six decades, continues to wield influence at the conglomerate even after stepping down as CEO at the end of 2025.
Anthony Will
Apr 21, 2026
SYDNEY — The S&P/ASX 200 index closed slightly lower Tuesday, but a handful of standout stocks defied the broader market weakness, posting solid gains on the back of company-specific developments and sector tailwinds.
Mike Clair
Apr 21, 2026
SYDNEY — Australia's fuel crisis, triggered by disruptions from the ongoing Middle East conflict involving the United States, Israel and Iran, showed tentative signs of stabilization Tuesday as national petrol stockpiles climbed to 46 days of emergency supplies, yet diesel shortages continued to hammer rural communities, transport operators and food supply chains.
Mike Clair
Apr 21, 2026
SYDNEY — The S&P/ASX 200 index closed fractionally lower Tuesday, shedding 3.9 points or 0.04 percent to finish at 8,949.4 as investors adopted a wait-and-see stance ahead of a critical Middle East ceasefire deadline and weighed mixed signals from commodity prices and domestic sectors.
Tony Jackson
Apr 21, 2026
King Charles III led the tributes to his mother, the late Queen Elizabeth II, on what would have been her 100th birthday if she was still around.
Bella Javier Liamzon
Apr 21, 2026
Chinese President Xi Jinping directly addressed the issue involving the Strait of Hormuz, urging the US and Iran to keep it open.
Bella Javier Liamzon
Apr 21, 2026
NEW YORK — Hertz Global Holdings Inc. shares rose 4.44% in midday trading on April 20, 2026, climbing 33 cents to $7.76 as investors weighed early signs of operational improvement against persistent challenges in the car rental giant's path to sustainable profitability.
Mike Clair
Apr 21, 2026
NEW YORK — Shares of USA Rare Earth Inc. climbed more than 8% in early Monday trading on April 20, 2026, rising $1.60 to $21.55 after the company announced a major $2.8 billion deal to acquire Serra Verde Group, a move that instantly expands its access to producing mines and all four key magnetic rare earth elements while strengthening its position in the global supply chain.
Mike Clair
Apr 21, 2026
