Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter results and issued an upbeat revenue forecast, highlighting growing returns from its artificial intelligence-driven advertising strategy. The stock rose about 12% ahead of the open, extending gains after climbing 6.3% in after-hours trading following the earnings release. Despite the rally,
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions and oil market volatility. The Dow Jones Industrial Average rose about 180 points, or 0.36%, while the S&P 500 gained 0.54% and the Nasdaq Composite
Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company’s revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives. The stock fell 1.6% on Friday after the results came out. The strong underlying
Shares of Tesla edged higher in early trading on Friday, extending modest gains after the stock posted its first monthly advance of the year. However, investor sentiment remained constrained by slow progress in its artificial intelligence initiatives. The stock was up around 1.22% at $386.69, while the S&P 500 and Dow Jones Industrial Average rose
Shares of Rivian Automotive, Inc. fell sharply on Friday after the release of its latest quarterly results, as investors shifted focus from improving fundamentals to the company’s growing reliance on a single customer and the uncertain ramp-up of its next-generation vehicle platform. The stock declined about 5.7% on Thursday. Amazon dependence draws investor scrutiny A
Caterpillar reported stronger-than-expected first-quarter earnings on Thursday, driven by robust demand across its construction and power generation businesses, with shares rising nearly 6% in premarket trading. The industrial giant, widely viewed as a bellwether for global economic activity, posted earnings per share of $5.54 on revenue of $17.4 billion. That surpassed Wall Street expectations of
US consumers faced renewed inflationary pressure in March as rising oil prices linked to the Iran conflict pushed costs higher, complicating the policy path for the Federal Reserve. Data released by the US Commerce Department on Thursday showed that the personal consumption expenditures price index, the Fed’s preferred inflation gauge, rose sharply during the month.
US stocks opened higher on Thursday as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East and persistent inflation concerns. The Dow Jones Industrial Average rose about 0.64% or 314 points, while the S&P 500 gained roughly 0.22%. Nasdaq 100 advanced around 0.06%. Earnings strength supports market sentiment Investor sentiment found
Real Finance has announced a strategic partnership with Wiener Privatbank to develop a regulated institutional framework for participation in blockchain-based financial markets. The collaboration aims to connect traditional banking infrastructure with the REAL blockchain, allowing institutional clients to access on-chain financial products within a structure aligned with European regulatory standards. Under the agreement, Wiener Privatbank
Stellar (XLM) has been moving through a weak stretch in the market, extending its decline over the past seven days even as the network continues to push new development initiatives. The token is currently trading around $0.159, showing only mild short-term recovery attempts after slipping under key technical levels. Despite occasional intraday rebounds, the broader