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OpenAI and Microsoft cap revenue-sharing at $38B ahead of OpenAI's potential IPO.
OpenAI and Microsoft have agreed to cap their total revenue-sharing payments at $38 billion, a move that could enhance OpenAI's attractiveness to investors as it prepares for a possible public offering by the end of 2026. Under the new terms, Microso...
Xos shares jump 30% after Air Force selects its mobile EV charging tech for live demo.
Xos, a company specializing in battery-electric commercial vehicles and mobile EV charging systems, saw its shares surge over 30% in after-hours trading following its selection as one of 17 finalists to demonstrate its Charger Hub technology to U.S. ...
BuzzFeed shares jump 135% after $120M investment deal with Byron Allen's family office
BuzzFeed's stock surged over 135% in after-hours trading following a $120 million investment agreement with Allen Family Digital, linked to Byron Allen. The deal involves the purchase of 40 million shares at $3 each, giving Allen's family office a 52...
Oil prices stabilize as US-Iran ceasefire holds, easing geopolitical risks and boosting WTI above $101.
The US-Iran ceasefire has held for over a month, allowing tanker traffic through the Strait of Hormuz and reducing geopolitical risks that previously spiked oil prices. WTI crude oil reclaimed $101, supported by bullish technical signals, while Brent...
Greggs shares rise 4.1% as new chicken roll boosts sales growth to 3.3% in recent weeks
Greggs PLC shares climbed 4.1% following an improved sales performance, with like-for-like sales rising to 3.3% in the last 10 weeks of the first 19 weeks of 2026. The growth is attributed to menu innovations, notably the new chicken roll launched in...
31% of consumers use mobile wallets in stores as Apple Pay faces rising competition
A recent PYMNTS report reveals that 31% of U.S. consumers used mobile wallets in stores within the last week, with Apple Pay usage doubling over the past year. While Apple Pay remains the most recognized and widely used mobile wallet, rivals like Goo...
Tariffs top political risk concerns despite Middle East conflict, says Willis survey
The latest Willis Political Risk Survey reveals that economic policy risks, especially tariffs, remain the primary political concern for companies, even amid the Middle East conflict. 61% of respondents reported negative financial impacts from tariff...
S&P 500 may gain 27-33% in 2026 if earnings and valuations hold, but risks a 50% drop if P/E ratios normalize.
The S&P 500 could see a 27-33% return in 2026 if current high earnings growth of 28% and elevated price-to-earnings (P/E) ratios around 40 persist. However, this valuation is historically very high, and if P/E ratios revert to the long-term average o...
S&P 500 hits 7,400, prompting portfolio rebalancing amid caution for a healthy market pullback.
The S&P 500 reached the long-anticipated 7,400 level, leading investors to rebalance portfolios and prepare for a possible market correction. Analyst Gary Tanashian expects any pullback to test support levels between 6,950 and 6,750, viewing it as a ...
London Company Large Cap portfolio gains 2.6% in Q1, outperforming Russell 1000's 4.2% drop.
The London Company Large Cap portfolio returned 2.6% (2.4% net) in the first quarter, outperforming the Russell 1000 Index which fell by 4.2%. Key contributors included Entegris, which benefited from increased semiconductor demand driven by AI and be...