Economy
Stocks making the biggest moves premarket: Lumentum, ServiceNow, Sandisk & more
Check out the companies making the biggest moves premarket: Lumentum Holdings , Coherent — Lumentum shares jumped 5% after its CEO told Bloomberg that the optical and photonic producer’s products are booked through 2027, amid the artificial intelligence buildout. Shares of Coherent, another photonics company, were up 4%. Both companies have investments from Nvidia . […]
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BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
ETF Edge BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds Published Fri, Apr 10 20267:00 AM EDT Blair Bao Stephanie Landsman@stephlandsman WATCH LIVE Source
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Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a key gauge released Thursday that offers the central bank a snapshot of conditions leading into the Iran war. The core personal consumption expenditures price index, which excludes food and energy, rose a seasonally adjusted 3% in February, […]
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‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon
Cargo vessel, Ali 25, in the Gulf, near the Strait of Hormuz on March 22, 2026 in northern Ras al Khaimah, United Arab Emirates. Getty Images The U.S. and Iran’s “fragile truce” has lifted hopes that a full reopening of the Hormuz Strait can end the energy supply crunch that threatens to cripple the global […]
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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again? The parallels are hard to ignore. Asian currencies are under pressure, fueling the risk of capital outflows. Spiking energy costs have pushed governments to […]
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