The financial news that actually matters
Robinhood Markets posted $0.37 in diluted earnings per share for the first quarter of 2026, up from $0.18 a year earlier, according to its 10-Q filing with the Securities and Exchange Commission for the three months ended March 31, 2026. Two relatively new business lines did much of the heavy lifting: prediction markets and the…
Micron Technology (MU) dropped about 3% in premarket trading on Tuesday, falling roughly $16 to around $532, even as D.A. Davidson handed the chipmaker the most aggressive price target on Wall Street: $1,000, implying nearly 88% upside from where shares opened the session. The divergence between a blockbuster initiation and a red ticker captures a…
Micron Technology has returned roughly 557% over the past five years, turning a stock that traded near $14 in early 2021 into one worth more than $90 by April 2026. That gain crushes most names in the Philadelphia Semiconductor Index. And yet, by the valuation yardstick Wall Street cares about most, Micron still looks like…
The United Arab Emirates appears to be moving toward a departure from OPEC that could come within the spring of 2026, a shift that would free one of the world’s most aggressive oil investors to pump far more crude and potentially drag global prices lower at a moment when American drivers are bracing for the…
Gasoline hit $3.64 a gallon in March 2026, according to the Bureau of Transportation Statistics, a 25.1% jump from February that ranks among the sharpest single-month increases since the post-Ukraine price shock of spring 2022. The federal government attributes the surge to supply disruptions tied to the U.S.-Iran conflict. And yet General Motors, the country’s…
Ryanair chief executive Michael O’Leary has named Wizz Air and airBaltic as the European budget airlines most likely to go bankrupt before the end of 2026, warning that oil prices near $150 a barrel are creating an existential crisis for carriers that failed to lock in cheaper fuel. “Two or three European airlines could go…
Federal prosecutors have seized more than $2 million from a Pasadena, California, wound care clinic they say billed Medicare for tens of millions of dollars in a matter of months, according to an announcement from the U.S. Attorney’s Office for the Central District of California. Expert Wound Care PC submitted $46.6 million in Medicare claims…
When the Federal Trade Commission tallied fraud complaints for 2025, one statistic stood out above the rest: roughly one in three Americans who reported losing money to a scam said it started on social media. Not a phone call. Not a phishing email. A post, a direct message, or an ad on a platform they…
Twenty-two Minneapolis businesses were raided in a single coordinated federal operation in April 2026, targeting providers suspected of stealing from Medicaid programs that fund therapy for children with autism and housing support for vulnerable adults. According to the Associated Press, agents seized records and evidence from every location, making the sweep one of the most…
T-Mobile has committed $2.7 billion to two new fiber broadband joint ventures, partnering with northeastern operators GoNetspeed and Greenlight Networks in deals that mark the wireless carrier’s most significant push yet into wired home internet. The partnerships, announced in late April 2026 and backed by private equity firm Oak Hill Capital, will fund construction and…