Market News

Latest financial news from across the markets

Daily Market Overview

Markets are showing signs of recovery as the S&P 500 has erased losses linked to the ongoing Iran conflict, buoyed by hopes for a resolution. In corporate news, Amazon has announced plans to acquire Globalstar for approximately $11.5 billion to enhance its satellite business. Meanwhile, JPMorgan reported earnings that exceeded expectations, while Citigroup also beat estimates, driven by gains in fixed income. In the commodities space, oil prices have eased as optimism grows around potential peace talks, despite ongoing geopolitical tensions.

Latest Market Updates

Blackstone’s Solotar: Investors should separate private credit ‘signal from the noise’

Blackstone’s Solotar: Investors should separate private credit ‘signal from the noise’

less than a minute ago

Iran war will hit UK growth the hardest of any rich economies, IMF says

Iran war will hit UK growth the hardest of any rich economies, IMF says

less than a minute ago

Lucid names auto industry outsider as CEO, expands Uber deal

Lucid names auto industry outsider as CEO, expands Uber deal

less than a minute ago

Oracle jumps for second day, Bloom Energy soars 20% on AI datacenter power deal

Oracle jumps for second day, Bloom Energy soars 20% on AI datacenter power deal

9 minutes ago

What a United-American merger would mean, from antitrust hurdles to airfare

United Airlines CEO Scott Kirby reportedly floated a potential merger with Trump administration officials earlier this year.

12 minutes ago

What a United-American merger would mean, from antitrust hurdles to airfare

What a United-American merger would mean, from antitrust hurdles to airfare

12 minutes ago

CEOs are betting AI will augment work rather than displace all workers

CEOs are betting AI will augment work rather than displace all workers

16 minutes ago