Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround strategy is beginning to gain traction despite ongoing macroeconomic uncertainty. Target stock gained about 1.5% in premarket trading to $129.18 after the company posted first-quarter adjusted earnings of $1.71 per share on
US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil prices helped stabilize broader market sentiment. The S&P 500 rose about 0.26%, while the Nasdaq Composite gained roughly 0.61% after both indexes suffered three consecutive
Real, a Layer 1 blockchain focused on institutional-scale real-world asset tokenization, has signed a memorandum of understanding with iExec to explore privacy-preserving infrastructure for tokenized assets. The collaboration will examine how institutional RWA issuance, distribution, and on-chain financial operations can be carried out while maintaining confidentiality, compliance, and auditability. Real supports the full lifecycle of
Coins.ph has expanded its QRPh crypto payment functionality to include Bitcoin and Ethereum, extending a system that already supports stablecoin payments such as USDT. The integration allows users to make payments at an estimated 700,000 QRPh-enabled merchants across the Philippines by scanning the national QR code standard developed by the Bangko Sentral ng Pilipinas. At
Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives. The job cuts were disclosed in an internal memo sent by Chief Executive Sasan Goodarzi to employees on Wednesday and reviewed by Reuters. According to the memo,
Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional enterprise software providers. In US, shares of enterprise software companies moved broadly higher, with ServiceNow (NOW) leading gains after a strong rally in the previous session. The
Ronin (RON) has surged sharply over the past 24 hours, climbing 35.8% to $0.1233 and outperforming a largely flat crypto market. The rally pushed the token to an intraday high of $0.1365 from a low of $0.08542. Ronin price chart | Source: Coingecko The move came alongside a massive increase in trading activity, with 24-hour
India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that peak demand hit 260.45 gigawatts (GW) on Tuesday, May 19, surpassing the previous day’s record of 257.4 GW. The back‑to‑back milestones highlight both the intensity
Shares of Tesla (TSLA) continued to decline Tuesday, falling below the $400 mark as investors reassessed the company’s pricing strategy and broader growth outlook. The stock dropped 3.5% to around $395.25 in early trading, extending Monday’s 2.9% decline and marking a sharp reversal from Tesla’s recent rally tied to optimism around autonomous driving and expansion
Lighter (LIT) has moved into the spotlight after a 6.1% 24-hour rally that pushed the token to $0.9521 even as the broader market conditions remained largely unchanged. The move has been closely tied to a shift in sentiment following public comments from Ethereum co-founder Vitalik Buterin, who highlighted Lighter during a May 18 fireside discussion