April 16, 2026 1:54 pm
Key Moments Alphabet’s Google is in negotiations with the U.S. Department of Defense on a deal to deploy its Gemini AI models in classified environments, according to the Information. The discussions reportedly include terms permitting all lawful uses while restricting applications such as domestic mass surveillance and autonomous weapons without appropriate human oversight. A potential […]
Read moreApril 16, 2026 1:10 pm
Key Moments Bank of America strategists say 2026 has marked the start of a regime of higher earnings and lower price-to-earnings multiples. The bank keeps its S&P 500 year-end target at 7,100 with a 13% EPS growth outlook, indicating further PE compression. Technology, media and telecoms, Industrials, and consumer sectors are highlighted for notable valuation […]
Read moreApril 16, 2026 12:51 pm
Key Moments: PepsiCo cut salty snack prices in the U.S. by up to 15% on brands including Lay’s and Doritos, helping North America foods volumes rise for the first time in a year. First-quarter revenue increased 8.5% to $19.44 billion and adjusted earnings per share reached $1.61, exceeding estimates of $18.94 billion and $1.55, respectively. […]
Read moreApril 16, 2026 12:22 pm
Key Moments Oracle (NYSE:ORCL) rose 3.8% on Thursday, supported by strong tech sector momentum and news of a deeper AWS partnership. The companies plan a new multicloud network linking Oracle Interconnect with AWS Interconnect. The first rollout will start later this year in AWS US East (N. Virginia). Oracle Stock Gains on Multicloud News Oracle […]
Read moreApril 16, 2026 9:35 am
Key Moments Kepler Cheuvreux downgraded Stellantis to Hold from Buy. It also cut earnings forecasts for 2026 and 2027. In addition, the firm lowered its global light vehicle demand and production outlook. It cited the impact of the Iran war, especially in Europe. As a result, Kepler reduced its price target by about 17% to […]
Read moreApril 16, 2026 8:37 am
Key Moments A New York jury found that Live Nation and Ticketmaster unlawfully monopolized key U.S. live event markets. Live Nation shares fell 6.3% after the verdict, while Vivid Seats and StubHub gained 9.3% and 3.5%, respectively. States are expected to seek a forced divestiture of Ticketmaster and damages after the jury found fans were […]
Read moreApril 16, 2026 6:39 am
Key Moments NZD/USD trades near 0.5920 in Asian dealings, marking a fourth straight session of gains. China’s Q1 2026 GDP grew 1.3% QoQ and 5.0% YoY, matching or beating market expectations. US Dollar softens on improved risk appetite tied to Middle East de-escalation hopes and easing energy prices. NZD/USD Supported by Chinese Growth Data NZD/USD […]
Read moreApril 15, 2026 2:30 pm
Key Moments Walt Disney’s new CEO Josh D’Amaro told employees that approximately 1,000 jobs will be cut as part of an operational streamlining effort. The reductions are set to impact marketing, studio and television operations, ESPN, products and technology, and selected corporate functions. The move follows a 2023 restructuring in which Disney planned 7,000 job […]
Read moreApril 15, 2026 2:11 pm
Key Moments Adobe introduced its Firefly AI assistant to automate tasks across its creative software suite, including Photoshop, Illustrator and Premiere Pro. The assistant will also be accessible to users of Anthropic’s Claude model via a connector to Adobe, with financial terms undisclosed. Adobe expects the assistant to drive higher usage of its AI credits, […]
Read moreApril 15, 2026 1:43 pm
Key Moments SanDisk Corporation NASDAQ: SNDK is set to enter the Nasdaq-100 on April 20, 2026, replacing Atlassian Corporation NASDAQ: TEAM, triggering mandatory buying from index-tracking funds overseeing more than $600 billion in assets. SanDisk’s market capitalization of over $140 billion is expected to drive multi-billion-dollar inflows from passive vehicles, with average daily trading volume […]
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