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European Markets React: ECB's Seventh Rate Cut Sparks Mostly Lower Closures

European markets closed mostly lower after the ECB's seventh rate cut in a year, with investors also reacting to Germany's lower producer prices and Switzerland's trade surplus. Ke...

Market

TSMC Surges 4% Premarket: A Stellar Earnings Beat Fueled by AI Chip Demand

TSMC's stocks rose 4% premarket after surpassing Q1 earnings forecasts with a net profit of $11.1 billion, driven by AI chip demand. The company maintains its growth forecast despi...

Market

UnitedHealth Shares Crash 20% in Premarket Amid Rising Costs and Medicare Scrutiny

UnitedHealth Group Inc. sees a 20% premarket drop after revising its 2025 forecast due to rising healthcare costs. The company faces Senate scrutiny over Medicare billing practices...

Market

Oil Prices Surge 2% Amid Escalating Middle East Tensions and Global Sanctions

Oil prices surged by 2% as Middle East tensions escalate, with Israel threatening intervention over Iran's nuclear ambitions and the US sanctioning a Chinese refinery for alleged t...

Market

Dow Jones Dips as UnitedHealth Plummets, Nasdaq Rises Amid Mixed Earnings Reports

US markets opened mixed with the Dow Jones falling due to UnitedHealth's weak forecast, while Nasdaq and S&P 500 rose. Earnings reports from Blackstone and American Express varied,...

Market

Eli Lilly's Breakthrough Weight-Loss Pill Soars Stock by 13%: A New Era in Diabetes Treatment

Eli Lilly and Co. shares surged 13% after announcing positive phase 3 results for orforglipron, a groundbreaking diabetes and weight loss pill. CEO David Ricks praised its safety, ...

Market

Dow Futures Plunge 600 Points as UnitedHealth's Worst Day Since 1998 Shakes Market Confidence

Dow futures plummet over 600 points as UnitedHealth Group shares crash more than 20% after a disappointing earnings report and reduced full-year outlook, marking its worst day sinc...

Market

Gold and Silver Prices Take a Dive: A Pre-Holiday Market Uncertainty

Precious metals, including gold and silver, experienced a drop in prices due to market uncertainty ahead of the holiday weekend. Gold lost 1.5% but still gained nearly 10% over the...