April 27, 2026 2:24 pm
Key Moments Microsoft will no longer hold exclusive rights to OpenAI models and products, enabling OpenAI to sell its technology on rival clouds including Amazon and Google. Microsoft shares slipped about 1% in premarket trading on Monday after the announcement, as some investors viewed the move as eroding a key competitive edge. Under the revised […]
Read moreApril 27, 2026 1:40 pm
Key Moments Thermo Fisher Scientific agreed to sell its microbiology business to private equity firm Astorg for about $1.08 billion. The divested unit generated $645 million in revenue in 2025 as part of Thermo Fisher’s specialty diagnostics segment. The company expects the sale to close in the second half of 2026 and to dilute adjusted […]
Read moreApril 27, 2026 1:25 pm
Key Moments Northland Capital Markets shifted Advanced Micro Devices (NASDAQ:AMD) to Market Perform and assigned a $260 price target after more than 11 years of bullish coverage. The firm argued that 2027 consensus expectations are overly optimistic and that AMD’s gross margin expansion is structurally constrained in the mid-50% non-GAAP range. Northland warned that AI […]
Read moreApril 27, 2026 12:42 pm
Key Moments Shell agreed to acquire Canadian energy company ARC Resources in a transaction valued at $16.4 billion. The deal value of $16.4 billion includes ARC Resources’ debt. Shell disclosed the agreement on Monday, according to an April 27 report. Transaction Overview April 27 (Reuters) – Shell announced on Monday that it has reached an […]
Read moreApril 27, 2026 10:19 am
Key Moments South Korea and Google agreed to create an AI campus in Seoul to foster collaboration with local engineers and startups. The Seoul facility will be Google’s first dedicated AI campus of this kind anywhere in the world, according to a presidential adviser. Google DeepMind CEO Demis Hassabis highlighted plans to support training and […]
Read moreApril 27, 2026 9:50 am
Key Moments EUR/GBP dropped to a new low of 0.8649 as the Pound outperformed. Markets have been pricing in a more hawkish Bank of England stance amid stronger UK growth momentum and persistent inflation pressures. MUFG flags that upcoming domestic political developments could prompt at least a temporary Pound sell-off in the weeks ahead. Repricing […]
Read moreApril 27, 2026 9:14 am
Key Moments GBP/JPY trades near 215.70 in early European hours as the Japanese Yen lags major peers. Both the Bank of Japan and the Bank of England are expected to keep interest rates unchanged, at 0.75% and 3.75% respectively. Geopolitical tension involving the United States and Iran weighs on sentiment as talks remain stalled over […]
Read moreApril 27, 2026 9:10 am
Key Moments EUR/CAD trades near 1.6010 after two sessions of gains, holding above the 1.6000 level. Markets expect the European Central Bank to keep interest rates unchanged at its April policy meeting. Rising crude prices support the Canadian Dollar even as higher energy costs underpin a cautious ECB outlook. Cross Holds Firm Ahead of ECB […]
Read moreApril 27, 2026 7:16 am
Key Moments WTI trades near $93.65 in Asian hours on Monday as restricted transit through the Strait of Hormuz supports prices. Iran has reportedly put forward a new proposal on reopening the Strait via Pakistani mediators, but U.S. interest remains unclear. Market participants are awaiting Tuesday’s API inventory data for further direction on demand and […]
Read moreApril 27, 2026 7:03 am
Key Moments XAU/USD rebounded more than $50 from the $4,672 area. However, follow-through buying remained limited. Expectations of at least one 25-bps Fed rate cut in 2026, along with softer Oil prices, weighed on the US Dollar and supported Gold. Meanwhile, strong demand in India and China pushed local Gold premiums higher and reinforced dip-buying […]
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