Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market
Guzman y Gomez’s shares surged after announcing that it has decided to exit the U.S. market while keeping its Australian business as the main focus
IMAX has held ‘preliminary talks’ with potential buyers, source says
IMAX has held “preliminary talks” through intermediaries, but no official pitches have been made directly by the company, a source told CNBC.
U.S. and Iran signal peace progress — but remain at odds over uranium enrichment, Strait of Hormuz
U.S. Secretary of State Marco Rubio on Thursday said there were “good signs” that an agreement to end the Middle East conflict is in sight.
The Cuba situation is starting to resemble a pre-conflict playbook
The U.S. pressure campaign against Cuba appears to have entered a new phase.
Oil resumes rally as Iran reportedly wants to keep enriched uranium within the country
The International Energy Agency warned that as travel demand grows during the summer season, oil markets could enter a “red zone” soon.
SoftBank extends scorching rally, surging over 12%, as investors crowd into AI trade
Shares of SoftBank Group extended gains for a second straight session Friday.
Japan core inflation softens to over four year low, weakening case for BOJ rate hike
Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and below the 1.8% reading in March.
SpaceX scrubs test flight of massive Starship rocket, will retry Friday
SpaceX’s attempted Starship launch follows the company’s release of its IPO prospectus, which set the stage for what’s likely to be a record offering.
Stock futures rise slightly as S&P 500 looks toward another winning week: Live updates
Volatility picked up this week as investors wrestled with a sharp rise in long-term Treasury yields.
BCA says the stock and bond markets ‘are on a collision course.’ And bonds may win
Bond investors may come out on top as equity and Treasury markets head for a collision.