Market News

Latest financial news from across the markets

Daily Market Overview

Markets experienced a mix of movements as Wall Street gained ground amid ongoing concerns surrounding the Iran conflict, which has significantly impacted energy prices and supply chains. Tesla reported mixed earnings, beating profit expectations while missing on revenue, while Southwest Airlines forecasted quarterly earnings below estimates. In corporate news, Lululemon appointed a new CEO, and IBM shares fell despite beating earnings expectations as the company maintained its guidance. Meanwhile, geopolitical tensions continued to affect shipping traffic in the Strait of Hormuz, with Iran's recent actions raising concerns over global oil supply.

Latest Market Updates

CEO: AI will boost productivity so ServiceNow won't have to backfill open jobs

CEO: AI will boost productivity so ServiceNow won't have to backfill open jobs

less than a minute ago

Jim Cramer's strategy to avoid missing out on big winners

Jim Cramer's strategy to avoid missing out on big winners

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S&P futures are little changed following another record-setting day for benchmark

S&P futures are little changed following another record-setting day for benchmark

less than a minute ago

IBM CEO Krishna says Iran, other uncertainty is weighing on company's outlook

IBM CEO Krishna says Iran, other uncertainty is weighing on company's outlook

less than a minute ago

Lululemon names former Nike exec Heidi O'Neill as new CEO

Lululemon names former Nike exec Heidi O'Neill as new CEO

less than a minute ago

Southwest Airlines forecasts quarterly earnings below estimates

Southwest Airlines forecasts quarterly earnings below estimates

less than a minute ago

IBM shares turn lower as company beats but opts to maintain guidance

IBM shares turn lower as company beats but opts to maintain guidance

less than a minute ago