India’s equity benchmarks snapped their impressive seven-day winning streak on Friday, April 25, closing lower as broad-based selling pressure took hold. While the IT sector provided a pocket of resilience, concerns over geopolitical tensions and potential profit-taking after recent gains weighed heavily on market sentiment, particularly impacting mid-and small-cap stocks.After…

Intel Corp (NASDAQ: INTC) forecast lower-than-expected revenue and profit for the second quarter, unsettling investors during new CEO Lip-Bu Tan’s first earnings report at the helm. The announcement comes amid escalating Sino-US trade tensions and growing uncertainty around global semiconductor demand, which the company says could trigger a broader economic…

Alphabet Inc (NASDAQ: GOOGL) has been contending with the Department of Justice over its proposal to break up the company, citing the firm’s illegal monopolies in areas like search and advertising. However, doing what the DOJ is asking may actually prove to be a positive for Google in the long run,…

T-Mobile US (NASDAQ: TMUS) reported better-than-expected first-quarter earnings on Thursday, but its slower-than-anticipated growth in core wireless phone subscribers weighed on investor sentiment, with shares tumbling 6.4% in premarket trading on Friday. The company posted adjusted earnings of $2.58 per share on revenue of $20.9 billion, surpassing analyst expectations of…

US stocks opened on a cautious note Friday, barely budging after a strong three-day rally, as investors parsed through mixed earnings from tech heavyweights and fresh trade rhetoric from the White House.The Dow Jones Industrial Average slipped 65 points, or 0.2%, while the S&P 500 and Nasdaq Composite hovered slightly…

Pony AI Inc (NASDAQ: PONY) is up some 20% in premarket after the Chinese startup said it has teamed up with Tencent to develop autonomous driving technology. At the time of publishing, the stock has pared some early gains and now trades around 10% higher.Pony will collaborate with the Shenzhen-headquartered giant…

Grupo Mexico, South America’s biggest mining and transport conglomerate, posted a 17% increase in first-quarter net profit on Friday, supported by higher copper and silver prices and lower production costs.Net profit reached $1.09 billion, exceeding the $816 million forecast from analysts surveyed by LSEG.The results were largely driven by an…

The benchmark S&P 500 index has recovered nearly 10% in recent weeks after President Trump agreed to a 90-day pause on almost all tariffs other than the ones imposed on China.Additionally, the White House exempted electronic devices from aggressive tariffs as well.Still, if the US economy slides into a recession,…