Global Stock Market

President Donald Trump announced he will raise tariffs on cars and trucks imported from the European Union to 25%, a sharp increase that could shake global markets. He accused the EU of failing to comply with last year’s trade deal, insisting the higher tariffs would push European manufacturers to move …

Spirit Airlines, long known for its ultra-low-cost fares, is preparing to shut down operations after a proposed government rescue package fell apart. The plan, which aimed to inject fresh capital into the struggling carrier, was rejected by key creditors—leaving the airline with no viable path forward.Mounting PressuresThe airline has been …

Despite soaring oil prices triggered by the ongoing war in Iran, American energy giants Exxon Mobil and Chevron both saw their profits plummet in the first quarter of the year. The expected windfall from expensive crude was wiped out by unprecedented disruptions to oil shipments, proving that high prices don’t …

Key Takeaways Stock pops 2%: Amazon shares opened higher on the back of a blowout quarter that smashed analyst expectations. EPS crushes consensus: Earnings per share came in at $2.78, far above the $1.63 expected, with revenue hitting $181.5 billion versus the $177.13 billion forecast. AWS reignited: Cloud growth accelerated …

Key Takeaways Headline CPI ticks up: Tokyo headline inflation rose to 1.5% in April from 1.4% in March. Core falls below target: Tokyo core CPI dropped to 1.5% from 1.7%, missing the 1.8% forecast and slipping further below the BOJ’s 2% target — a four-year low. Underlying gauge softens: Inflation …

Key Takeaways Record-breaking quarter: Apple posted all-time records for total revenue and EPS, with iPhone sales surging more than 20% for a second straight quarter. Massive buyback: The company authorized an additional $100 billion share repurchase program. Mixed stock reaction: Shares initially ticked higher after hours but reversed to close …

Volkswagen managed to steady its financial performance in the first quarter, leaning heavily on aggressive cost reductions to offset weakening global demand and a sharp downturn in China. While revenues slipped and margins narrowed, the underlying picture shows a company relying more on efficiency than growth to stay resilient.Revenue fell …

Key Takeaways Rates held at 2%: The ECB kept its key deposit rate unchanged, sticking with a “steady-hand approach” as expected. Stagflation warning: ING analysts highlighted “increasing stagflationary pressures” in the eurozone — a toxic mix of high inflation and stagnant growth. Oil and gas pain: The Iran war has …

Key Takeaways Stock takes a hit: Meta shares plunged as much as 8% in premarket trading after the company raised its capital expenditure outlook. Massive capex hike: 2026 capital spending guidance lifted to $125-$145 billion, up from the prior $115-$135 billion range. Q1 blowout earnings: Revenue hit $56.31 billion (vs. …

The most anticipated earnings night of the season delivered a classic Wall Street split — one breathtaking blowout, a high-profile stumble, and a pair of solid reports that the market simply shrugged off.Google Steals the NightAlphabet emerged as the undisputed star of the evening, posting earnings per share of $5.11 …