Market News - Mboum.com

May 3, 2026, 7:48 PM EDT - 20 minutes ago

Oil Declines Amid Mild Risk-on Sentiment

Oil declined. Oil prices may be weighed by Trump saying Sunday that the U.S. would begin guiding commercial ships out of the Strait of Hormuz.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 7:44 PM EDT - 24 minutes ago

Gold Edges Higher Amid Signs of Resilience

Gold edged higher in early Asian trade amid signs of resilience in the precious metal.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 3, 2026, 7:12 PM EDT - 56 minutes ago

GameStop CEO Ryan Cohen makes unsolicited offer to buy eBay for about $56 bln, WSJ says

GameStop Chief Executive Ryan ‌Cohen has made an unsolicited offer ⁠to acquire eBay Inc for about $56 billion, the Wall Street ‌Journal ⁠reported on Sunday.

EBAY GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 7:09 PM EDT - 59 minutes ago

National Australia Bank posts first-half profit miss, warns of Middle East conflict risks

National Australia Bank reported weaker-than-expected first-half cash earnings on ‌Monday, hurt by one-off and impairment charges, while cautioning that the Iran war posed risks to its underlying asse...

EBAY GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 6:57 PM EDT - 1 hour ago

GameStop Is Offering to Buy eBay for $56 Billion, CEO Ryan Cohen Says

Cohen said GameStop has built a roughly 5% stake in eBay and was offering $125 a share in cash and stock, a roughly 20% premium to its closing price on Friday.

EBAY GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 6:44 PM EDT - 1 hour ago

United Airlines plane hits light pole on landing at Newark airport

A United Airlines aircraft on Sunday struck a light pole on its final descent into Newark ‌International Airport causing damage to the post and a tractor trailer traveling on the nearby highway, acc...

UAL GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 6:24 PM EDT - 1 hour ago

OPEC+ agrees on third oil output quota hike since Hormuz closure

Seven OPEC+ countries will raise oil output targets by 188,000 barrels per day in June, the third consecutive monthly increase, OPEC+ said in a statement

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 6:19 PM EDT - 1 hour ago

U.S. stock futures rise, oil falls as Trump touts new plan to partially reopen Strait of Hormuz

U.S. stock-index futures rose and oil prices fell Sunday, after President Donald Trump said the U.S. will work to “free” neutral shipping that's been stranded in the Persian Gulf since the start of th...

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 6:15 PM EDT - 1 hour ago

Oil falls after Trump says US would help free ships stranded in Strait of Hormuz

Oil prices dropped more than $1 ‌a barrel on Monday after U.S. President Donald Trump said the ⁠United States would begin an effort on Monday morning to free up ships stranded in the Strait ‌of...

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 5:30 PM EDT - 2 hours ago

Apple's Stance on Vibe Coding Apps Leaves Startups Frustrated

Apple's approach to so-called “vibe coding” apps has reportedly triggered complaints among startups and investors. As the Financial Times (FT) reported Sunday (May 3), the issue centers around what th...

AAPL DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 5:14 PM EDT - 2 hours ago

Gold (XAUUSD) Price Forecast: Sell the Rally Mode Stays Until Yields and Crude Oil Break

Gold (XAUUSD) stays in sell the rally mode until the 10-Year yield breaks below 4.30% and crude oil stops driving inflation fears.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 3, 2026, 4:44 PM EDT - 3 hours ago

GameStop Eyes eBay Acquisition to Become $100 Billion Company

GameStop reportedly hopes to acquire eBay in its push to become a $100 billion company. The video game retailer has been building a stake in eBay, The Wall Street Journal (WSJ) reported Friday (May 1)...

EBAY GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 4:24 PM EDT - 3 hours ago

E.E.O.C. Investigating Discrimination Claim at The New York Times

The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency's legal unit for review.

NYT GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 4:21 PM EDT - 3 hours ago

Meta Acquires ARI to Fuel Humanoid Robot Push

Meta has acquired Assured Robot Intelligence (ARI), a startup developing artificial intelligence models for general-purpose, humanoid robots. Xiaolong Wang, who co-founded ARI with Lerrel Pinto, share...

META GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 4:00 PM EDT - 4 hours ago

China's 'used every tool in toolbelt' to CONTROL this market, USA Rare Earth CEO says

USA Rare Earth CEO Barbara Humpton joins 'Mornings with Maria' to discuss the acquisition of Serra Verde, reducing China's grip on rare earths, tariff costs and more.

USAR GME DBP GLD GLDM IAU OUNZ

May 3, 2026, 3:55 PM EDT - 4 hours ago

OPEC+ announces modest boost in oil production. But here's why it's a mostly symbolic move.

In a largely symbolic move, the OPEC+ nations announced Sunday that they would slightly increase crude production in June, as the war with Iran continues to stifle the world's supply of oil.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 3:45 PM EDT - 4 hours ago

Spirit nearly done processing customer refunds after shutdown

Spirit Airlines said on Sunday ‌it had almost completed refunding passengers and returning its crew to their home ⁠bases following its decision to cease operations over the weekend.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 3:41 PM EDT - 4 hours ago

Oil News: OPEC Production Hike Won't Move Market Until Strait Opens

OPEC+ raised output for June but it means nothing while the Strait of Hormuz stays closed. The talks are stalled, inventory draws are real, and the risk stays skewed to the upside.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 2:00 PM EDT - 6 hours ago

Jobs Report, Palantir, Pinterest, AMD, PayPal, Disney, and More to Watch This Week

ON Semiconductor, Pfizer, Uber, McDonald's, and many more will report earnings this week. Economic releases will include the April jobs report and purchasing managers index.

AMD DIS PINS PLTR PYPL PXJ UCO

May 3, 2026, 1:30 PM EDT - 6 hours ago

Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting

Berkshire Hathaway CEO Greg Abel led the company's annual meeting for the first time this weekend, and investors at the event were largely positive on the presentation. "Greg and company delivered on ...

AMD DIS PINS PLTR PYPL PXJ UCO

May 3, 2026, 1:18 PM EDT - 6 hours ago

Belgian pharma group UCB to buy Candid Therapeutics for up to $2.2 billion

Belgian biopharmaceuticals company UCB has ‌agreed to buy privately-held Candid Therapeutics in a deal worth ⁠up to $2.2 billion, the companies said on Sunday.

AMD DIS PINS PLTR PYPL PXJ UCO

May 3, 2026, 11:37 AM EDT - 8 hours ago

Not All Total Bond Market ETFs Are the Same. Here's What to Know.

Not understanding the difference between similarly named funds can be costly

AGG BIL BND BNDX IEF SGOV SPAB

May 3, 2026, 11:07 AM EDT - 9 hours ago

DOT Secretary Duffy blames Biden admin, Pete Buttegieg for Spirit Airlines' failure

"Spirit tried to merge with JetBlue. The Joe Biden-Pete Buttigieg administration and DOJ tanked that deal.

AGG BIL BND BNDX IEF SGOV SPAB

May 3, 2026, 11:06 AM EDT - 9 hours ago

Berkshire's Greg Abel Marks His First Annual Meeting as CEO. We'd Give Him a B-Plus.

The conglomerate's stock is down 6% this year, with the Class A shares finishing Friday trailing the S&P 500 by 11 percentage points.

AGG BIL BND BNDX IEF SGOV SPAB

May 3, 2026, 10:00 AM EDT - 10 hours ago

S&P 500 profits haven't been this rich in at least 15 years — but there's more to the story

Three Big Tech companies have had an outsize impact on first-quarter profit performance.

IVV SPXL SPY SSO UPRO VOO SPAB

May 3, 2026, 9:42 AM EDT - 10 hours ago

ECB policymaker says euro zone recession concerns 'real and justified'

Concerns that the euro zone could slip into recession if the conflict in the Middle East continued are "real and justified" and talks to end the Iran war will be key for ‌the ECB monetary policy, Ban...

BBEU DBEF DBEU DFE EDEN EPOL EWD

May 3, 2026, 9:16 AM EDT - 10 hours ago

Musk vs. Altman: Week 1

It's probably been some time since Elon Musk and OpenAI CEO Sam Altman have shared the same space.

BBEU DBEF DBEU DFE EDEN EPOL EWD

May 3, 2026, 8:25 AM EDT - 11 hours ago

Sununu: Spirit Bailout "Made No Financial Sense Whatsoever"

The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines...

BBEU DBEF DBEU DFE EDEN EPOL EWD

May 3, 2026, 8:01 AM EDT - 12 hours ago

SECURITY WARNING: CEO SOUNDS ALARM on foreign reliance on critical minerals

America's Gold and Silver Chairman Paul Andre Huet discusses expanding antimony production for U.S. defense systems, reducing reliance on foreign adversaries, and scaling operations at the Galena Comp...

USAS DBEF DBEU DFE EDEN EPOL EWD

May 3, 2026, 7:08 AM EDT - 13 hours ago

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

U.S. crude oil exports surged to a record 5.2 million barrels per day in April, according to data from commodities data firm Kpler. Exports are surging as buyers in Asia and elsewhere seek U.S. crude ...

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 7:04 AM EDT - 13 hours ago

Greg Abel rules out Berkshire break-up, stresses continuity with Buffett's legacy at annual meeting

New CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 7:03 AM EDT - 13 hours ago

What it's like meeting Warren Buffett — and why his Berkshire bash is unique

Warren Buffett was a trailblazer in using media to build a business, Sahil Bloom says. The wealth guru said Buffett's letters and annual meeting helped to grow his and Berkshire's brands.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 6:58 AM EDT - 13 hours ago

OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE

OPEC+ says it will raise oil output by 188,000 barrels per day in June. It was the cartel's first meeting since the shock departure of the United Arab Emirates last week.

BNO DBO IEO OIH PXJ UCO USO

May 3, 2026, 6:49 AM EDT - 13 hours ago

Foxconn launches second-generation satellites via SpaceX Falcon 9

Taiwan's Foxconn said on Sunday its ‌second-generation low-Earth orbit (LEO) satellites were launched via a SpaceX Falcon 9 rocket from ⁠California, marking the electronics manufacturer's latest ...

BNO DBO IEO OIH PXJ UCO USO

May 3, 2026, 6:41 AM EDT - 13 hours ago

The first week in Elon Musk and Sam Altman's federal civil trial has wrapped. BI's Katherine Li shares what week one was like.

This post originally appeared in the BI Today newsletter. You can sign up for Business Insider's daily newsletter here.

BNO DBO IEO OIH PXJ UCO USO

May 3, 2026, 6:25 AM EDT - 13 hours ago

What to Expect in Markets This Week: April Jobs Report, Host of Earnings From Consumer Giants Coming Up

This week is all about the American pocketbook, with a new jobs report offering a view of the labor market and earnings from food and travel giants shedding light on how people are spending.

ABNB AMD DIS MAR MCD META PLTR

May 3, 2026, 6:02 AM EDT - 14 hours ago

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

"Abel may grow into it. But he's no Warren Buffett.

ABNB AMD DIS MAR MCD META PLTR

May 3, 2026, 6:00 AM EDT - 14 hours ago

He beat Elon Musk in court once. Sam Altman hired him to do it again.

William Savitt is representing Sam Altman in Elon Musk's lawsuit trying to dismantle OpenAI. Savitt, a top lawyer at Wachtell, went up against Musk before in a dispute over Twitter.

ABNB AMD DIS MAR MCD META PLTR

May 3, 2026, 5:30 AM EDT - 14 hours ago

Stock Indexes Are Contorting Themselves to Include SpaceX and OpenAI

Index funds holding trillions of dollars of 401(k)s and other investments are rushing to change their rules as the IPOs of SpaceX, OpenAI and Anthropic draw closer.

ABNB AMD DIS MAR MCD META PLTR

May 3, 2026, 3:58 AM EDT - 16 hours ago

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

OPEC+ is set to agree on Sunday a modest oil output hike, sources said, but the increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.

BNO DBO GUSH IEO OIH PXJ UCO

May 3, 2026, 3:19 AM EDT - 16 hours ago

Israel approves plan to buy F-35 and F-15I aircraft from US

Israel gave final ‌approval for a plan to purchase two new ⁠combat squadrons of F-35 and F-15Ia aircraft from Lockheed Martin and ‌Boeing ⁠in a deal worth tens of billions ⁠shekels, the defe...

BA DFEN ITA LMT PPA XAR UCO

May 2, 2026, 11:00 PM EDT - 21 hours ago

Emerging-Market Stocks Are Powering Past the War

Artificial intelligence and oil exports have buoyed shares from South Korea to Brazil.

EEM DFEN ITA LMT PPA XAR UCO

May 2, 2026, 11:00 PM EDT - 21 hours ago

A mammoth economic stimulus passed last year in Germany was meant to jolt the country—and Europe—out of its economic slumber. The problem: Germans just aren't good at spending money.

While much of the rest of the developed world is swimming in too much debt, Germany is having trouble using just a tiny bit more.

DAX EWG FGM LMT PPA XAR UCO

May 2, 2026, 7:37 PM EDT - 1 day ago

Watch Greg Abel preside over the full 2026 Berkshire Hathaway annual shareholder meeting

Berkshire Hathaway CEO Greg Abel presides over the 2026 Berkshire Hathaway annual meeting.

DAX EWG FGM LMT PPA XAR UCO

May 2, 2026, 7:20 PM EDT - 1 day ago

Why eBay, in Its Latest Incarnation, Is a Takeover Target for GameStop

A focus on collectibles could make the online marketplace a match for the videogame retailer.

EBAY GME FGM LMT PPA XAR UCO

May 2, 2026, 5:00 PM EDT - 1 day ago

As Warner Bros. Discovery Revenue Fell In 2025, CEO David Zaslav's Pay Tripled

There's an ever-widening gap between company performance and CEO pay at Warner Bros. Discovery, the media giant that just voted to merge with Paramount Skydance in a $110 billion deal.

WBD GME FGM LMT PPA XAR UCO

May 2, 2026, 4:32 PM EDT - 1 day ago

‘I Was Devastated.' Spirit Passengers Rush to Find New Flights

The airline's abrupt shutdown upsets travelers across the country, and its staff.

WBD GME FGM LMT PPA XAR UCO

May 2, 2026, 4:00 PM EDT - 1 day ago

'CHEAPER THAN UBER BLACK': Joby Aviation's taxi service aims to make flights AFFORDABLE

FOX Business correspondent Gerri Willis and 'The Big Money Show' panel discuss Joby Aviation launching air taxi services in New York City and the company's goal to make flight affordable for everyone...

Latest News