Kevin Smith
Journalist
Starbucks surges as quarterly results bolster turnaround credibility
Starbucks shares climbed 5% in after-hours trading following the release of Q2 results that beat expectations, highlighted by a clearer recovery in US foot traffic and an upward revision of its full-year guidance.
April 28, 2026 at 10:43 pm
Robinhood down as results prove less robust than they appear
Robinhood shares fell approximately 4% in after-hours trading following a mixed quarterly release, characterized by revenue that missed expectations, despite continued strong customer activity.
April 28, 2026 at 10:38 pm
Solar power scales up, putting power grids back at the heart of the energy transition
According to the annual report from energy think tank Ember, low-carbon sources covered the entirety of the 849 TWh increase in global electricity demand. Consequently, fossil fuel generation saw a slight decline of 38 TWh, or 0.2%, despite continued growth in overall demand.
April 28, 2026 at 09:40 pm
Amazon strengthens partnership with OpenAI in enterprise AI
Amazon Web Services (AWS) has announced a major expansion of its partnership with OpenAI, bringing the startup's latest models to Amazon Bedrock. Bedrock is AWS' managed platform that provides enterprises with access to multiple large-scale artificial intelligence models within a single environment, enabling the creation of generative applications and agents while maintaining AWS' security, compliance and cost controls.
April 28, 2026 at 09:38 pm
Deutsche Bank sees gold at $8,000 in a less dollar-dependent world
In a research note published on Monday April 27, Deutsche Bank presents an ambitious thesis for gold, framing it no longer merely as a hedge against inflation or the dollar's weakness, but as a primary beneficiary of a fragmenting world. For the German bank, the era that began after the fall of the Berlin Wall - dominated by globalization, American hegemony, and the accumulation of dollar reserves by emerging markets - is coming to an end.
April 28, 2026 at 11:30 am
GSK secures dual regulatory fast-track status for MASH treatment
On Monday GSK announced a bih regulatory breakthrough for efimosfermin, its experimental treatment for metabolic dysfunction-associated steatohepatitis, also known as "MASH". This disease represents a severe form of fatty liver disease often occurring in patients suffering from obesity, type 2 diabetes, or metabolic disorders, which could progress to cirrhosis, liver failure or liver cancer.
April 27, 2026 at 09:03 pm
Wall Street Hits Records, Driven by Chip Fever
US markets ended in mixed territory on Friday, as robust corporate earnings and a surge in semiconductor stocks partially offset pressure from persistently high energy prices. The S&P 500 advanced 0.80% to 7,165.1 points, the Nasdaq 100 rose 1.95% to 27,303.7 points, marking a new closing record, while the Dow Jones shed 0.16% to 49,230.7 points.
April 25, 2026 at 06:29 am
Nike slashes headcount again to accelerate turnaround
The group is laying off about 1,400 of its staff, primarily in technology, as part of its "Win Now" restructuring plan. This latest round of layoffs underscores Elliott Hill's commitment to streamlining the organization as sales remain under pressure, particularly in China.
April 24, 2026 at 08:25 am
First Citizens slips despite earnings beat
First Citizens reported quarterly results that topped expectations, driven by robust adjusted EPS and strong deposit growth. However, a narrowing net interest margin and a slight deterioration in certain credit metrics weighed on the stock, which shed over 4% as the market opened.
April 24, 2026 at 08:09 am
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