What Happened Netflix (NFLX) fell sharply in premarket trading after investors focused on weaker-than-expected second-quarter guidance, even though the company posted a stronger-than-expected first quarter. The streaming company also said co-founder Reed Hastings plans to leave the board in June
What Happened Morgan Stanley reported a strong first quarter, beating analyst expectations on both the top and bottom lines as its trading desks delivered much stronger-than-expected results. The bank posted earnings of $3.43 per share, above the $3.00 estimate, while
What Happened Mortgage demand weakened again last week, even as rates edged slightly lower. Total application volume fell 0.8% from the prior week, according to the Mortgage Bankers Association. The average contract rate on a 30-year fixed mortgage with conforming
What Happened Ford opened 2026 with a weak first quarter, reporting 457,315 U.S. vehicle sales, down 8.8% from a year earlier. That followed a soft quarter from GM, which reported 626,429 U.S. deliveries, down 9.7%. Both companies said the comparison
Markets Try to Bounce — but Oil Is Still Calling the Shots U.S. stocks turned sharply higher Thursday morning before giving back much of the move, as investors reacted to a new signal out of Iran that briefly raised hopes
U.S. manufacturing activity improved in March, but the details pointed to a more complicated picture for factories and inflation. The Institute for Supply Management said its manufacturing PMI edged up to 52.7 from 52.4 in February. That marked the third straight month above 50, the line
What The February JOLTS Report Showed U.S. job openings fell more than expected in February, and hiring cooled sharply, pointing to a labor market that is losing momentum rather than re-accelerating. The update came from the Job Openings and Labor Turnover
Governments Move to Contain the Energy Shock Energy prices surged after Iran closed the Strait of Hormuz in response to U.S.-Israeli attacks, forcing G7 and EU governments into emergency coordination mode. The immediate policy challenge is familiar: when fuel spikes,
What Happened Talks between Unilever (UL) and McCormick (MKC) are moving quickly around a potential combination that would pair Unilever’s food business with the U.S. spice maker. Unilever has said it is in discussions after receiving an offer for its food division, and McCormick has confirmed
What Happened Citigroup (C) leaders have been weighing the idea of buying a major U.S. regional bank, as the firm works to complete a multi-year effort to streamline its operations. The discussions have been characterized as preliminary and have taken place over
What Happened Netflix (NFLX) fell sharply in premarket trading after investors focused on weaker-than-expected second-quarter
What Happened Morgan Stanley reported a strong first quarter, beating analyst expectations on both the
What Happened Mortgage demand weakened again last week, even as rates edged slightly lower. Total
What Happened Ford opened 2026 with a weak first quarter, reporting 457,315 U.S. vehicle sales,
Markets Try to Bounce — but Oil Is Still Calling the Shots U.S. stocks turned
U.S. manufacturing activity improved in March, but the details pointed to a more complicated picture
What The February JOLTS Report Showed U.S. job openings fell more than expected in February,
Governments Move to Contain the Energy Shock Energy prices surged after Iran closed the Strait
What Happened Talks between Unilever (UL) and McCormick (MKC) are moving quickly around a potential combination that would pair
What Happened Citigroup (C) leaders have been weighing the idea of buying a major U.S. regional bank,
