Global markets are entering a selective phase driven by rising bond yields and persistent inflation, shifting investor focus from AI-led rallies. Strategist Matt Orton notes that geopolitical uncertainties, particularly Iran-US relations, require concrete progress for market impact.
Category: Business
Parents’ anger at school buses being axed
Parents criticise the Devon school’s plan to end school buses at the end of the academic year.
ASX 200 Surges 1.17% to 8,604.7 as Bargain Hunters and Ceasefire Hopes Spark Sharp Rebound
The ASX 200 index rose 1.17% on Tuesday, driven by easing geopolitical tensions and strong domestic demand, reversing recent losses. Financials led gains, while consumer confidence showed resilience.
Trump to host swearing-in ceremony for new Fed chair Kevin Warsh
Warsh replaces Jerome Powell after Senate confirmation and takes over at a challenging time for the US economy, with rising inflation, volatile oil prices and uncertainty linked to the Iran conflict
Microsoft Stock Rises to $409 as Cloud, AI Growth Offset Heavy Capex in Strong Q3
NEW YORK — Microsoft Corp. (NASDAQ: MSFT) shares climbed modestly to $409.01 in midday trading Tuesday, up 0.88%, as investors digested the software giant’s robust fiscal third-quarter 2026 results and continued optimism around its artificial intelligence and cloud leadership despite elevated capital spending.
Ralliant Corporation Non-GAAP EPS of $0.57, revenue of $535M
Ralliant Corporation Non-GAAP EPS of $0.57, revenue of $535M
Apple Stock Edges Higher Near $294 as Record Earnings, AI Investments and Buyback Boost Confidence in 2026
NEW YORK — Apple Inc. (NASDAQ: AAPL) shares rose modestly to $293.84 in midday trading Tuesday, up 0.40% or $1.16, as investors continued rewarding the tech giant’s strong fiscal second-quarter 2026 performance and aggressive capital return program.
Solesence GAAP EPS of -$0.01, revenue of $13M
Solesence GAAP EPS of -$0.01, revenue of $13M
Kawhi Leonard Contract Drama: $50M Deal in Jeopardy as NBA Probes Aspiration Scandal in 2026
LOS ANGELES — Kawhi Leonard, the two-time NBA Finals MVP whose quiet dominance once anchored the Los Angeles Clippers’ championship aspirations, faces an uncertain future as his three-year, $149.5 million contract hangs in the balance amid an ongoing league investigation into alleged salary-cap circumvention.
Iran-Linked Ships Take New Path To Trickle Into the Persian Gulf
At least two US-sanctioned, Iran-linked vessels made their way through the Strait of Hormuz and into the Persian Gulf on Thursday, taking what may be a new route from the United Arab Emirates even as a US blockade enters its third day.