Economy

Economy
Economy

Voyager stock jumps as NASA taps firm for ISS mission by 2028

Shares of Voyager Technologies moved sharply higher in premarket trading on Thursday after the company was selected by NASA for a private astronaut mission to the International Space Station. The stock rose about 6% to $31.8 ahead of the opening bell, extending gains from after-hours trading where shares climbed as much as 9.5%. NASA mission

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Economy

US jobless claims fall to 207,000; labour market steady, hiring cautious

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued resilience in the labour market even as businesses remain cautious about hiring amid rising geopolitical risks. Initial claims for state unemployment benefits dropped by 11,000 to a seasonally adjusted 207,000 for the week ended April 11, according to data

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Economy

Dow Jones rises 160 points as Iran hopes test record-high rally

Wall Street opened higher on Thursday, extending the momentum from a strong prior session that saw the benchmark indices reach record levels. Investor sentiment has been buoyed by hopes that geopolitical tensions in the Middle East may ease, alongside a steady flow of corporate earnings that continue to signal resilience in the US economy. The

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Economy

PayPal stock has woken up suddenly: how high can it get?

PayPal stock price has staged a strong comeback in the past few weeks as investors went bargain-hunting. PYPL also jumped as investors priced in a potential acquisition. It rose to $50 on Wednesday, its highest level since February this year.  PayPal stock has soared amid bargain hunting The ongoing PYPL stock surge has coincided with

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Economy

IMF advises Japan to tighten policy, limit broad fiscal spending

Japan should gradually raise interest rates while keeping fiscal support targeted, a senior official from the International Monetary Fund said on Thursday, highlighting resilience in the country’s domestic economy. The remarks come ahead of the Bank of Japan’s upcoming policy meeting later this month, where policymakers are expected to assess economic headwinds alongside inflationary pressures

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Economy

Tesla stock in the red today after Wednesday’s 7% surge: what’s going on?

Shares of Tesla are on track to break an eight-week losing streak, though the stock pulled back slightly in early trading on Thursday as investors turned their attention to the company’s upcoming earnings and longer-term strategy. The stock fell around 1.6% to $384.91, even as the S&P 500 and the Dow Jones Industrial Average moved

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Economy

Morgan Stanley Q1 earnings: why it isn’t too late to invest in MS stock

Morgan Stanley (NYSE: MS) is inching higher on Wednesday after the Wall Street giant reported record-breaking first-quarter results that blew past analyst expectations. The financial services stock is rallying today as investors cheer a massive resurgence in investment banking and double-digit growth in its flagship Wealth Management division. Despite a complex global backdrop, the firm

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Economy

PepsiCo Q1 earnings preview: revenue seen at $18.95B, margins in focus

PepsiCo is set to report its first-quarter earnings on Thursday, with investors closely watching whether the company can sustain growth momentum while navigating persistent cost pressures and uneven demand trends across key segments. The food and beverage giant is expected to post earnings of $1.55 per share for the quarter, representing a 4.7% increase from

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Economy

Energy infra damage from Middle East war could cost up to $58B: Rystad

War in the Middle East could trigger a massive $58 billion bill for repair and restoration of energy-linked infrastructure, according to a new analysis from Rystad Energy. The cost for oil and gas facilities alone is estimated to potentially reach $50 billion. “This is no longer just a story about damaged facilities in the Gulf.

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Economy

Here’s why the Tilray Brands stock may surge soon despite major risks

Tilray Brands stock price has moved sideways in the past few weeks as momentum in the cannabis industry waned. It was trading at $6.90, down by over 70% from its highest level last year. Still, technical analysis suggests that the TLRY stock may be on the cusp of a rebound. Tilray Brands stock on edge

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