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Visa quarterly profit rises on resilient consumer spending

Visa quarterly profit rises on resilient consumer spending

By Pritam Biswas and Rishab Shaju April 28 (Reuters) - Visa reported a higher second-quarter profit on Tuesday as the world's largest payment processor benefited from a steady rise in payment volumes despite ongoing macroeconomic uncertainty, sending its shares up about 4% in extended trading.
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U.S. Refiners Anticipate Profit Surge as Middle East Conflict Boosts Fuel Margins

U.S. Refiners Anticipate Profit Surge as Middle East Conflict Boosts Fuel Margins

U.S. Refiners Anticipate Profit Surge as Middle East Conflict Boosts Fuel Margins
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Spot crude premiums ease from record highs despite Hormuz closure

Spot crude premiums ease from record highs despite Hormuz closure

By Siyi Liu, Florence Tan and Seher Dareen SINGAPORE/LONDON, April 29 (Reuters) - Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are drawing on inventories and cutting back processing to cope with lost Middle East supply, traders and
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Mondelez beats first-quarter estimates on resilient demand, pricing strength

Mondelez beats first-quarter estimates on resilient demand, pricing strength

April 28 (Reuters) - Oreo-maker Mondelez International beat Wall Street estimates for first-quarter revenue and profit on Tuesday, helped by higher net pricing and resilient demand for its chocolates and biscuits. Shares of the Chicago-based company were up 2% after the bell. 
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Isiah Harwell to Test NBA Draft Waters

Isiah Harwell to Test NBA Draft Waters

71 underclassmen and international players have filed as early entry candidates for the 2026 NBA Draft.
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Wall Street futures mixed ahead of Big Tech earnings, Fed meeting

Wall Street futures mixed ahead of Big Tech earnings, Fed meeting

April 29 (Reuters) - U.S. stock index futures were mixed on Wednesday, in a cautious start to a day packed with several Big Tech earnings reports and a Federal Reserve meeting expected to be Chair Jerome Powell's last. At 5:06 a.m.
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Luke Kennard, Marcus Smart fined by NBA for conduct toward officials

Luke Kennard, Marcus Smart fined by NBA for conduct toward officials

Marcus Smart and Luke Kennard were handed fines for criticisms of the officiating in Sunday’s Game 4.
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US stock index futures fall as Middle East stalemate keeps oil risks in focus

US stock index futures fall as Middle East stalemate keeps oil risks in focus

April 28 (Reuters) - Futures tracking the benchmark S&P 500 and the tech-heavy Nasdaq 100 indexes fell early on Tuesday as concerns mounted that the U.S.-Iran impasse could keep oil prices elevated for longer. At 5:36 a.m.
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Houston Rockets vs. Los Angeles Lakers Game 5 preview

Houston Rockets vs. Los Angeles Lakers Game 5 preview

The Houston Rockets are now competing against history. In order to advance past the Los Angeles Lakers, the Rockets will need to win their next three games to become the first NBA team to ever come back from a 3-0 deficit and advance. That task gets taller as Austin Reaves seems destined to make his […]
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Adidas reports strong first-quarter sales and profit despite 'very volatile' market

Adidas reports strong first-quarter sales and profit despite 'very volatile' market

By Linda Pasquini and Helen Reid April 29 (Reuters) - Germany's Adidas on Wednesday reported better-than-expected operating profit in the first quarter, helped by strong demand despite what CEO Bjorn Gulden described as a "very volatile and heavily discounted" retail environment, especially in
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US refiners' first-quarter profits expected to jump as war lifts fuel margins

US refiners' first-quarter profits expected to jump as war lifts fuel margins

By Nicole Jao NEW YORK, April 27 (Reuters) - Top U.S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in the Middle East that drove fuel margins to multi-year highs.
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US stock index futures muted on stalled US-Iran peace talks

US stock index futures muted on stalled US-Iran peace talks

April 27 (Reuters) - Wall Street futures were muted early on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from the Federal Reserve meeting this week.