Iran said it seized two container ships in the Strait of Hormuz after reports of three attacks; Brent briefly topped $100 before trading 0.5% higher at $99.03.
Finance
RSS FeedA high-scoring r/StockMarket post surfaced Amazon $AMZN's expanded Anthropic deal: $5B immediately, up to $20B more, and more than $100B of AWS commitments over 10 years.
A high-scoring r/wallstreetbets link pointed to Strategy $MSTR's latest SEC filing: 34,164 BTC acquired for $2.54B, lifting holdings to 815,061 BTC.
UK CPI rose to 3.3% in March from 3.0% in February, in line with Reuters-polled expectations, while ONS data showed motor fuels made the largest upward contribution.
United $UAL cut its 2026 adjusted EPS outlook to $7-$11 from $12-$14, even as Q1 adjusted EPS of $1.19 and revenue of $14.61B beat LSEG estimates.
Boeing $BA reported a $0.20 adjusted Q1 loss, narrower than the $0.83 loss expected by LSEG, while revenue rose 14% to $22.22B and beat the $21.78B estimate.
A federal judge blocked Nexstar Media Group $NXST from further integrating Tegna $TGNA while an antitrust case proceeds. The $6.2B deal would combine 228 stations reaching 80% of U.S. TV households, according to court filings and state attorneys general.
$760M of Brent crude futures were sold between 12:24 and 12:25 GMT, about 20 minutes before Iran said the Strait of Hormuz was open. Reuters said crude fell as much as 11% after the headline, adding to U.S. scrutiny of well-timed oil trades tied to Iran-war policy shifts.
Brent crude fell 9.1% to $90.38 on April 17 after Iran said the Strait of Hormuz was open, while the S&P 500 rose 1.2% to a record. On April 18, Iran said control of the strait had reverted to strict military management, and AP reported that UKMTO said IRGC gunboats fired on a tanker.
Cerebras filed an S-1 on April 17 for a Nasdaq listing under $CBRS, reporting 2025 revenue of $510.0M, up 76%, and 2025 net income of $237.8M after a $481.6M net loss in 2024. The filing says OpenAI committed to a multi-year deal valued at more than $20B and received a 33.4M-share warrant subject to vesting.
Schroders $SDR shareholders approved Nuveen's £9.9B acquisition with 99.92% of Scheme Shares voted for the Court Meeting resolution and 99.93% support at the General Meeting. The deal still needs court sanction and remaining conditions before the expected Q4 2026 close.
Intertek $ITRK rose 12.6% in London after confirming it rejected EQT's indicative £51.50-a-share cash proposal. The UK testing group said the offer fundamentally undervalued the company, while EQT faces a May 14 UK takeover deadline.