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Fed holds rates steady amid Iran war inflation; Warsh nears confirmation as next Fed chair

Market News
29 Apr 2026
NYTimes
View Source
Neutral
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The Federal Reserve decided to keep interest rates steady at 3.5-3.75% amid inflation pressures from the ongoing U.S.-Iran war, which has driven up energy prices and complicated economic outlooks. Jerome Powell is expected to step down as Fed chair by May 15, with Kevin Warsh, President Trump's nominee, advancing toward Senate confirmation despite partisan opposition. The Fed faces a delicate balance between inflation risks and a stabilizing job market, with no immediate rate cuts expected. Warsh aims to reduce the Fed's market footprint but must navigate political and economic challenges ahead.

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Comcast faces price target cuts amid rising competition and NBCUniversal spin-off plans

Comcast faces price target cuts amid rising competition and NBCUniversal spin-off plans

Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...

Analyst Insights
Bearish
42 minutes ago
Elevance Health beats Q2 earnings and revenue estimates, raises full-year EPS outlook.

Elevance Health beats Q2 earnings and revenue estimates, raises full-year EPS outlook.

Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...

Company Fundamentals
Bullish
49 minutes ago
Lotto.com appoints new COO and VP of HR to drive US digital lottery expansion

Lotto.com appoints new COO and VP of HR to drive US digital lottery expansion

Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...

Company Fundamentals
Bullish
52 minutes ago
Worldline schedules H1 2026 results call for July 30, with webcast and Q&A for analysts.

Worldline schedules H1 2026 results call for July 30, with webcast and Q&A for analysts.

Worldline has announced a conference call to discuss its H1 2026 financial results on July 30, 2026, at 6:30 pm CET. The event will be accessible via webcast, and sell-side analysts can participate in a Q&A session by pre-registering. The press relea...

Company Fundamentals
Neutral
52 minutes ago
Ipsen repurchases 28,541 shares in early July at an average price of €166.05 per share.

Ipsen repurchases 28,541 shares in early July at an average price of €166.05 per share.

Ipsen Pharma conducted a share buy-back program from July 6 to July 10, 2026, repurchasing a total of 28,541 shares. The average purchase price during this period was €166.05 per share. This buy-back activity reflects Ipsen's strategy to manage its c...

Company Fundamentals
Neutral
52 minutes ago
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