News

Gold and silver futures fell sharply on Wednesday, reaching multi-week lows as geopolitical tensions between the US and Iran weighed on market sentiment.

Target Corp. reported a 6.7% rise in Q1 revenue to $23.4 billion, surpassing analyst forecasts. CEO Michael Fiddelke’s focus on style and design drove growth across all categories, despite geopolitical headwinds.

Target reports $0.28 EPS beat and 6.7% sales growth despite economic headwinds, driven by strategic affordability focus.

Hasbro’s first-quarter revenue surpassed $1 billion, driven by digital games like ‘Magic: The Gathering’ and Netflix collaborations, offsetting traditional toy sales declines.

General Motors will shift assembly of Chevrolet Groove and Aveo models from China to its Ramos Arizpe plant in Mexico starting 2027, aiming for 80,000 units annually by 2030.

A retiree’s calculation shows S&P 500 investments could surpass Social Security benefits, but experts highlight risks and protections missing in market-based strategies.

Insmed Incorporated announced 44% sequential growth for its oral drug Brinsupri in Q1 2026. The company reaffirms its 2026 revenue outlook of at least $1 billion, driven by stable pricing and patient acquisition.

Solana’s price falls 15% as bearish technical signals intensify, with key indicators suggesting potential further declines. The asset is testing critical support levels without strong buying pressure.

Evercore ISI and Melius Research raised price targets for Marvell Technology, citing growing AI infrastructure demand and a shift to inference-led workloads by end of 2026.

Billionaire Michael Platt sold his entire stakes in Nvidia, Microsoft, Meta, and Amazon during Q1 2026, while boosting Taiwan Semiconductor holdings by over 430%.