• Apr 28, 2025

Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook

Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump's on-again off-again trade tariffs could reduce global economic growth and demand for the fuel. Trump's push to reshape world trade by imposing tariffs on imports into the U.S. has made it probable that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll. China, hit with the steepest tariffs, has responded with its own levies against U.S. imports, stoking a trade war between the top two oil-consuming nations.

• Apr 28, 2025

Tech earnings, GDP, jobs report: This week is going to be huge for the stock market

A barrage of economic data points and Big Tech earnings are coming. From inflation to jobs data to Apple earnings, here's what's on tap for the stock market.

• Apr 28, 2025

Wall Street banks sell final portion of Elon Musk's X debt, WSJ reports

A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to billionaire Elon Musk's $44 billion buyout of social media platform Twitter, now called X, the Wall Street Journal reported on Monday, citing people familiar with the matter. The $1.2 billion of loans were sold at 98 cents on the dollar, the report added. Morgan Stanley, Barclays, Mitsubishi UFJ and X did not immediately respond to Reuters' requests for comment.

• Apr 28, 2025

S&P removes Boeing's rating from CreditWatch negative on improving aircraft production

The U.S. planemaker's rating was placed on CreditWatch negative after about 33,000 of its workers went on a strike, which halted production of its best-selling jets. S&P said on Monday that Boeing appears to be on track to recover from the 2024 strike-driven production halt and persistent manufacturing quality problems.

• Apr 28, 2025

Teradyne (NASDAQ:TER) Reports Q1 In Line With Expectations But Next Quarter’s Sales on Track

Semiconductor testing company Teradyne (NASDAQ:TER) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 14.3% year on year to $685.7 million. The company expects next quarter’s revenue to be around $645 million, close to analysts’ estimates. Its non-GAAP profit of $0.75 per share was 21.8% above analysts’ consensus estimates.

• Apr 28, 2025

Investors think the S&P 500 has already peaked for the year, JPMorgan survey says

The benchmark index won't reclaim its February all-time high in the next 12 months. Investors surveyed also see further dollar weakness ahead.

• Apr 28, 2025

S&P 500 Gains and Losses Today: AbbVie Stock Advances After Beat-and-Raise Earnings Report

The S&P 500 edged 0.1% higher on Monday, April 28, eking out a fifth straight winning session to kick off a week of key earnings reports and economic data releases.

• Apr 28, 2025

Meta Isn't the Only Social Stock Reporting This Week. What To Expect From Reddit and Snap

Along with social media giant Meta, Snap and Reddit are set to report earnings this week, offering more insights into the state of the digital advertising market.

• Apr 28, 2025

Suriname's Oil Industry Poised for Significant Growth

Suriname is on the cusp of a significant oil boom with major offshore discoveries and investments aimed at boosting its economy and reducing poverty.

• Apr 28, 2025

Trump delivers big for Bitcoin in first 100 days

Trump reshapes Bitcoin’s future in just 100 days, launching a strategic reserve and championing crypto innovation.