European stocks fell sharply on Wednesday after U.S. forces destroyed five Iranian tankers and Tehran responded with missile strikes on Jordan. The escalation raised fears of a wider regional conflict.
The Kremlin said Trump told Putin that U.S.-Russia ties could be fully restored with a swift end to the Ukraine war. The leaders discussed recent U.S. envoy visits to Moscow and Kyiv as peace talks remain stalled.
The Canadian stock market fell over 1% on Monday due to escalating Middle East tensions and prospects of a Federal Reserve rate hike. The decline reflects broad risk-off sentiment.
Nvidia delivered strong growth last quarter and its fiscal 2028 guidance exceeded expectations. The article predicts where the stock will be by the end of September.
Lululemon's stock fell sharply after management cut full-year revenue guidance in the first quarter. The upcoming earnings report on September 3 could trigger another decline.
Mortgage rates have surged to their highest level since June 2025, driven by rising oil prices following new Middle East attacks. The expectation of falling rates this year has been upended by the conflict with Iran and its impact on energy prices.
Insider buying reports highlight recent purchases by executives at Claritev and IPG Photonics. Insider buying is often seen as a positive signal, as insiders typically buy only when they expect gains.
OpenAI has completed a $7 billion share sale as it considers a potential $1 trillion IPO valuation. This valuation would be roughly 44 times its $22.8 billion annualized revenue, a steep multiple for a company that is not yet profitable.
The Swiss stock market ended 0.8% lower on Monday, pressured by U.S.-Iran attacks that surged oil prices and raised inflation and growth concerns. The decline was steady after a flat start.
Edison International's stock crashed after California decided not to forbid insurers from filing subrogation lawsuits against electric utilities that cause wildfires. This increases the company's potential liability exposure.
Rocket Companies has appointed Alessio Sanfilippo as CEO of Redfin, effective immediately. The leadership change is part of Rocket's ongoing integration of Redfin.