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  • Business
    Yahoo Finance

    Netflix reports strong subscriber gains, but Q2 revenue forecast disappoints

    Netflix reported first quarter earnings after the bell on Thursday. Here's what to know.

  • News
    The Canadian Press

    Israel's long-term credit rating is downgraded by S&P, 2nd major US agency to do so, citing conflict

    Israel's long-term credit rating is being downgraded by S&P, which cited the risk of military escalation with Iran. It is the second major U.S. credit ratings agency to do so. There was an apparent drone attack at a major air base and a nuclear site near the central city of Isfahan early Friday, which is suspected of being part of an Israeli retaliation for Tehran’s unprecedented drone-and-missile assault on the country days ago. S&P's downgrade was issued shortly before the strike in Iran, and

  • Business
    Bloomberg

    Hudson Bay Closes $800 Million Fund to Bet on Special Situations

    (Bloomberg) -- Hudson Bay Capital Management has raised over $800 million to invest in so-called special opportunities, according to a person with knowledge of the matter. Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackThe closed-end drawdown fund is a six-year

  • Business
    Reuters

    Escalating Middle East tensions a fresh jolt to world markets

    Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction of anything from oil to bonds and renew inflation risks. Moves were relatively modest, but the heightened tensions inject fresh uncertainty and fuels concern that high oil prices and potential supply disruptions will keep inflation high. Oil prices are up roughly 13% so far this year near $90 a barrel and seen staying high.