Economy

Economy
Economy

Hasbro stock jumps 7% as preliminary revenue tops estimates

Hasbro, Inc. reported preliminary first-quarter revenue that exceeded Wall Street expectations, driven by strong demand for its flagship trading-card franchise Magic: The Gathering, even as a cybersecurity incident delayed the release of full results. The company said it expects revenue in the range of $970 million to $985 million for the quarter, ahead of analyst

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Economy

Emerging markets fall as oil stays above $100, tensions persist

Emerging market stocks and currencies declined on Thursday as elevated crude prices and ongoing geopolitical tensions weighed on investor sentiment. Continued restrictions on shipping through the Strait of Hormuz and the absence of US-Iran negotiations kept oil prices above $100 a barrel, fuelling concerns of a potential global economic slowdown. MSCI’s index tracking emerging market

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Economy

BMNR stock analysis: Why Tom Lee’s BitMine is set to surge

The BitMine stock price has rebounded in the past few weeks, moving from the year-to-date low of $17.30 in February to the current $23.30. This rally may continue in the foreseeable future as Ethereum rebounds and a double-bottom pattern forms. Tom Lee is accumulating Ethereum aggressively  On-chain data shows that BitMine continues to accumulate ETH

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Economy

Tilray stock price soars as we predicted: now what?

The Tilray stock price has risen in the past few days, a trend that accelerated this week. It jumped to a high of $8, up by over 30% from its lowest level this year. This rally may continue in the near term amid the ongoing reclassification talk. Tilray stock jumps amid reclassification talk The main

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Economy

US jobless claims rise to 214,000 as labour market remains broadly stable

The number of Americans filing for unemployment benefits rose modestly last week, suggesting the labour market remains broadly stable even as geopolitical tensions and rising costs pose emerging risks to economic momentum. Data released by the US Department of Labor showed initial claims for state unemployment benefits increased by 6,000 to a seasonally adjusted 214,000

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Economy

Dow Jones falls 253 points as Iran tensions, earnings weigh mood

Wall Street opened weaker on Thursday, as investors paused after a recent rally, weighed down by persistent geopolitical tensions and a mixed batch of corporate earnings. The Dow Jones Industrial Average fell about 253 points, or 0.51%. S&P 500 slipped 0.26%, while Nasdaq 100 also declined 0.33%, after both indexes closed at record highs in

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Economy

Best crypto to buy today ahead of the cryptocurrency bull run

A crypto bull run could be about to start as the Fear and Greed Index continues rising and spot Bitcoin ETF Inflows accelerate. This article explores some of the best crypto to buy if this bull run happens. HYPE is the best crypto to buy today  Hyperliquid’s HYPE token is one of the best crypto

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Economy

ServiceNow plunges 14% as Middle East conflict hits deals

ServiceNow shares fell sharply after the company flagged geopolitical disruptions and a weaker margin outlook, dampening investor sentiment despite stronger-than-expected revenue and upbeat projections for its artificial intelligence business. The stock dropped more than 14% as the enterprise software firm said the ongoing conflict in the Middle East had delayed key deal closures, weighing on

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Economy

Pound weakens as inflation concerns grow in UK

The British pound edged lower against the US dollar on Thursday, as investors moved towards safe-haven assets amid concerns over a fragile ceasefire in the Middle East. Sterling slipped slightly to $1.349, marking a 0.17% decline for the week. The move reflects broader risk aversion in global markets, where the US currency attracted inflows as

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Economy

P&G earnings preview: sales seen rising despite rich valuation

Consumer products behemoth Procter & Gamble Company (PG), is scheduled to unveil its third-quarter fiscal 2026 financial results on April 24, ahead of the market opening, with analysts anticipating year-over-year growth in both sales and earnings. For the fiscal third quarter, the Zacks Consensus Estimate forecasts Procter & Gamble will report revenues of $20.6 billion,

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