Manufacturer of analog chips Analog Devices (NASDAQ:ADI) will be reporting earnings this Wednesday morning. Here’s what to look for. Analog Devices beat anal...
Lifestyle clothing conglomerate VF Corp (NYSE:VFC) will be reporting earnings this Wednesday before market open. Here’s what to expect. VF Corp beat analysts...
Cellebrite DI (NASDAQ:CLBT) executives said the digital investigations company is seeing renewed momentum in government demand, international markets and new product categories, including artificial intelligence and defense-focused capabilities, during a JPMorgan cybersecurity and DevOps event hoste
Battery manufacturer EnerSys (NYSE:ENS) will be announcing earnings results this Wednesday after market hours. Here’s what investors should know. EnerSys mis...
Home improvement retailer Lowe’s (NYSE:LOW) will be announcing earnings results this Wednesday before the bell. Here’s what to look for. Lowe's beat analysts...
Manufacturing company Nordson (NASDAQ:NDSN) will be reporting earnings this Wednesday after the bell. Here’s what you need to know. Nordson beat analysts’ re...
Leading designer of graphics chips Nvidia (NASDAQ:NVDA) will be announcing earnings results this Wednesday after market hours. Here’s what to look for. Nvidi...
Off-price retail company TJX (NYSE:TJX) will be reporting results this Wednesday before market open. Here’s what to expect. TJX beat analysts’ revenue expect...
General merchandise retailer Target (NYSE:TGT) will be reporting earnings this Wednesday morning. Here’s what you need to know. Target met analysts’ revenue ...
Private markets investment firm StepStone Group (NASDAQ:STEP) will be reporting earnings this Wednesday after the bell. Here’s what investors should know. St...
Offshore drilling contractor Borr Drilling (NYSE:BORR) will be announcing earnings results this Wednesday after market hours. Here’s what investors should kn...
Cosmetics company e.l.f. Beauty (NYSE:ELF) will be reporting results this Wednesday afternoon. Here’s what to look for. e.l.f. Beauty beat analysts’ revenue ...
Treasury Secretary Scott Bessent, on Monday, issued a 30-day general license on the Russian seaborne oil to stabilize the crude market, which is dealing with supply shortages due to the closure of the Strait of Hormuz. Sanctions Could Stabilize Oil Market In a post on X, Bessent said the license would temporarily allow vulnerable countries to access Russian oil currently stranded at sea. The move would "provide additional flexibility," and would "stabilize the physical crude market." The license would ensure that oil reaches the most energy-vulnerable countries, Bessent added. He also stated it will help redirect "existing supply to countries most in need" by limiting China's ability to "stockpile discounted oil." Bessent said that Treasury officials are working with the nations for more specific licenses as needed. https://x.com/SecScottBessent/status/2056411947982115207?s=20 Supply Shortages The Iran conflict has disrupted Middle East oil production, pushing global oil supply below demand this year. This has raised oil prices. Crude oil (June 2026) futures have spiked about 60% since the war erupted in late February. United States Oil Fund (NYSE: USO), which tracks the WTI futures prices, soared 82% in the same time frame. The closure of the Strait of Hormuz, which carries about 20% of global oil and liquid natural gas (LNG) shipments, has disrupted more than 14 million barrels per day of crude output from global supply. Global inventories declined by another 117 million barrels in April after falling 129 million barrels in March. The International Energy Agency (IEA) calls it "an unprecedented supply shock." Fatih Birol, the head of the IEA, warned that the world is facing the "biggest energy security threat in history." Aramco CEO Amin Nasser warned that global energy markets could face a multi-year disruption if oil shipments through the Strait of Hormuz remain blocked. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
Chime Financial (NASDAQ:CHYM) co-founder and Chief Executive Officer Chris Britt said the company is seeing resilient consumer activity, stronger product engagement and early traction from newer offerings, even as investors continue to question the outlook for lower- and middle-income consumers.
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Institutional investors are stepping into crypto in a big way. Ordinary investors can follow along with the iShares Bitcoin Trust ETF and other exchange-traded funds.
After a blowout first-quarter report and a string of marquee deals, the AI cloud company's shares have surged -- but the price tag may leave little room for error.
