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The Latest Breaking News on Business

Capricor Therapeutics Q1 Earnings Call Highlights

Capricor Therapeutics (NASDAQ:CAPR) said its Duchenne muscular dystrophy therapy candidate deramiocel remains under active FDA review, while the company is preparing to commercialize the product itself amid a legal dispute with distribution partner NS Pharma and parent company Nippon Shinyaku. On t

MarketBeat

Iran War Drives Up Business Costs As Economists Warn Of Pressure On Hiring, Investment

Nearly half of U.S. business economists report negative impacts from the Iran war as higher input costs and weaker profit outlooks begin to weigh on investment decisions.

International Business Times

US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?

US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising prices move faster than paycheck growth. Real wages fell for the first time in three years. Gasoline prices surged 28.4%. Rent inflation accelerated sharply. Middle-class…

The Economic Times

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McDonald's Stock: Is Wall Street Bullish or Bearish?

McDonald's has underperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

Barchart

Is Wall Street Bullish or Bearish on Exelon Stock?

Despite trailing the broader market over the past year, Exelon continues to attract cautious optimism from Wall Street analysts.

Barchart

Adobe Stock: Is Wall Street Bullish or Bearish?

Although Adobe has underperformed relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Are Wall Street Analysts Bullish on KKR & Co. Stock?

KKR & Co. has notably underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

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Are Wall Street Analysts Bullish on Albemarle Corporation Stock?

Albemarle Corporation has rallied the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.

Barchart

Anthropic's Mythos sends US banks rushing to plug cyber holes

America's top banks are racing to patch IT system flaws identified by Anthropic's powerful Mythos AI tool. This advanced technology is uncovering numerous vulnerabilities, forcing urgent repairs and software upgrades. The findings are also being shared with smaller banks. This AI-driven discovery process is accelerating the pace of cybersecurity fixes,…

The Economic Times

Texas Sues Netflix, Claims It Spies On People And Manipulates Users

Texas is suing Netflix, alleging that the digital streamer spied on its users without their knowledge or consent and manipulates its users.

International Business Times

BETA Technologies Q1 Earnings Call Highlights

BETA Technologies (NYSE:BETA) reported first-quarter 2026 revenue above its prior guidance range and said it is accelerating investments tied to the FAA and U.S. Department of Transportation’s eVTOL Integration Pilot Program, or eIPP, after being selected for seven of eight awards. Founder and Chie

MarketBeat

Why is Tuesday Like Christmas to the BRACE Industry?

For those who live and breathe only because the government is benevolent enough to bestow imaginary numbers on them, Tuesday is their day.

Barchart

U.S. Inflation Surges In April, With Energy Costs Accounting For 40% Of The Increase

Consumer prices in the U.S. increased again in April, with the latest inflation data showing continued upward pressure across housing, energy, transportation and services.

International Business Times

eBay Rejects GameStop's $56 Billion Acquisition Proposal, Calls It 'Neither Credible Not Attractive'

eBay rejected on Tuesday a $56 billion acquisition offer from GameStop, saying it is "neither credible nor attractive."

International Business Times

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The Independent UK

Inflation rises to its highest level since 2023 as fuel costs surge amid Iran war

The consumer price index climbed 3.8% from last month

MarketBeat

Cloudflare Q1 Earnings Call Highlights

Cloudflare (NYSE:NET) reported a strong first quarter of 2026, with revenue rising 34% year over year to $639.8 million, as executives said demand tied to AI, agentic workloads and its Workers developer platform continued to accelerate. Co-founder and CEO Matthew Prince said the company began the y

The Independent UK

US consumer prices rise 3.8% as Iran war sends energy prices higher

U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher

GOBankingRates

I’m a Retirement Planner: 3 Categories Wealthy Retirees Spend the Most on During Year One

Here's what wealthy retirees spend the most on during year one -- and how to get ahead of these costs, according to retirement planning experts.

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MarketBeat

Metallus Q1 Earnings Call Highlights

Metallus (NYSE:MTUS) reported higher first-quarter 2026 sales and profitability as improving demand, stronger shipment volumes and operational gains helped offset higher utility and labor costs, executives said on the company’s earnings call. Chief Executive Officer Mike Williams said demand contin

InsideEVs

Ford’s New Battery Container Is Here To Take On The Tesla Megapack

Ford Energy’s LFP-powered DC block was designed to last 20 years and packs over 5 megawatt-hours of energy.

The Economic Times

Replacing humans with AI is turning out to be costlier than expected, Uber, Nvidia execs say

Companies are finding AI automation costs, particularly token-based pricing, are exceeding employee salaries. Executives from Nvidia and Uber highlight these escalating expenses, with one team receiving a substantial bill from an AI provider. This trend sparks debate on AI's true cost-effectiveness compared to human labor, even as investment in automation…

Barchart

Is Wall Street Bullish or Bearish on D.R. Horton Stock?

As D.R. Horton has underperformed the S&P 500 over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the stock’s prospects.

The Economic Times

Google settles racial discrimination lawsuit for $50 million

Google has reached a settlement in a class-action lawsuit brought forth by Black employees, who claimed they experienced inequitable treatment in terms of hiring, salary, and career advancement. The lawsuit pointed out that Black workers were often directed towards less lucrative jobs and faced systemic discrimination in the workplace.

MarketBeat

MSA Safety Incorporporated Q1 Earnings Call Highlights

MSA Safety Incorporporated (NYSE:MSA) reported a stronger first quarter of fiscal 2026, with management citing resilient demand in the Americas, improved margins and continued execution of its Accelerate strategy, while also noting pressure in Europe and the Middle East. On the company’s earnings c

The Economic Times

GitLab to cut jobs, reinvest in AI agents push: CEO Bill Staples

GitLab is cutting jobs to redirect resources towards the growing market for AI agents, aiming to capitalize on emerging "agentic" opportunities. The company plans to reduce management layers and reorganise R&D teams, integrating AI agents to automate internal workflows and improve efficiency. While some roles may be enhanced by AI,…

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