OpenAI reportedly missed revenue targets; Oracle, chip stocks fall.

U.S. oil benchmark WTI rises 5% as markets react to concerns over a potential impasse in the Middle East.

The U.S. oil benchmark West Texas Intermediate (WTI) has risen by 5% amid market concerns regarding a potential impasse in the Middle East.

GM beats Q1 earnings estimates, raises full-year guidance. Adj EPS $3.70 vs est $2.60, revenue $43.6B. FY adj EPS raised to $11.50-$13.50 from $11-$13.

General Motors reported Q1 2026 earnings, with adjusted EPS of $3.70 exceeding estimates of $2.60 and revenue of $43.6 billion, slightly above estimates. The company raised its full-year adjusted EPS guidance to $11.50-$13.50 from a prior range of $11-$13.

German record label BMG agrees to buy Nashville-based Concord, forming one of the world's largest music companies.

German record label BMG agrees to buy Nashville-based independent music group Concord, in a deal that will create one of the largest music companies in the world.

Brazil inflation rose less than expected in early April. Food and fuel costs, tied to the war in Iran, pushed prices higher but less than forecast.

Brazil’s inflation rose less than expected in early April, driven by higher food and fuel costs stemming from the war in Iran.