The U.S. dollar climbed to a one-week high, buoyed by unexpectedly strong manufacturing activity and hawkish-leaning Federal Reserve commentary. The rally pressured major currency pairs and sent precious metals tumbling, as markets reassessed the timeline for potential interest rate cuts.
Fabrinet's Q2 2026 earnings reveal a historic quarter, with revenue hitting $1.13B driven by explosive growth in high-performance computing and telecom. The company signals sustained momentum with aggressive capacity expansion.
While the fried chicken segment continues to dominate fast-food traffic, Buffalo-based Hen House Nashville Hot Chicken has filed for bankruptcy protection, highlighting the uneven fortunes within the popular sector.
Natural gas futures tumbled over 25% on Monday, hitting a three-week low, as a swift recovery in U.S. production and a warmer weather forecast alleviated supply concerns sparked by last week's Arctic blast.
With Advanced Micro Devices set to report Q4 results, derivatives traders are pricing in a significant post-earnings move, betting the chipmaker's momentum can extend its recent 25% surge from yearly lows.
King Misuzulu kaZwelithini has urged migrants to leave South Africa, echoing his late father's stance, following violent protests at a Durban primary school where immigration was blamed for admissions shortages.
A young Australian woman has died following a horrific incident where her backpack became entangled in a ski lift at a popular Japanese resort, highlighting ongoing safety concerns.
Satellite imagery and security sources confirm Egypt has stationed sophisticated Bayraktar Akinci drones at a remote border airstrip, marking a significant escalation in its involvement in Sudan's conflict and raising regional tensions.
As Palantir Technologies reports a massive surge in U.S. government revenue, CEO Alex Karp publicly defends the company's controversial surveillance platforms, insisting they contain safeguards against overreach. The defense comes amidst growing public and political scrutiny over its contracts with immigration enforcement agencies.
A landmark lawsuit filed in Texas federal court targets a California physician for allegedly mailing abortion medication across state lines, testing a new state law that empowers private citizens to act as enforcers and setting up a clash with California's protective 'shield law'.
U.S. equities found firmer ground Tuesday, buoyed by a robust factory activity report. The rally unfolded as investors grow increasingly discerning about AI-related capital expenditures, creating clear winners and losers.
U.S.-listed exchange-traded funds attracted $165.4 billion in January, with a notable pivot toward international stock funds as they continue to outperform domestic markets.
Precious metals markets are reeling after their sharpest single-day decline since 1980, yet major Wall Street institutions reaffirm ambitious year-end price targets, citing enduring structural drivers.
Apple shares surged over 4% as blockbuster Q1 earnings, led by iPhone sales and services growth, reignited investor confidence in the tech giant's expansion narrative, particularly in key markets like India.
National average gasoline prices showed minimal movement in the week ending February 2, 2026, hovering near $2.88 per gallon. However, the gap between the most and least expensive markets exceeds $2.65, highlighting ongoing regional volatility despite overall price stability.
A record-breaking cold snap transforms Orlando's iconic theme parks, with fountains freezing and icicles forming on attractions from Epcot to the new Epic Universe, prompting operational adjustments.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
A private survey reveals China's manufacturing sector gained momentum in January, fueled by pre-holiday production and stronger export orders. However, analysts caution that underlying structural imbalances and uneven regional growth continue to challenge the economic outlook.
As Amazon prepares to release its Q4 earnings, analysts are eyeing accelerated AWS growth and robust advertising revenue as key drivers that could propel the stock higher, mirroring its October surge.
Hong Kong-listed digital asset platform OSL Group has raised $200 million in fresh equity capital, earmarked for acquisitions and international growth in its regulated stablecoin trading and payments ecosystem, signaling a major push as institutional interest in blockchain-based finance intensifies.
