Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz

US Africa Command said on Tuesday that its forces launched airstrikes in northeastern Nigeria on May 18, marking the third day in a row that the US conducted strikes in the West African nation. AFRICOM said the latest strikes were launched in coordination with the Nigerian government and claimed that the targets of the strikes […]

Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues. Here are Goldman's Q1 results in a nutshell: EPS $17.55, exp. $16.41 Net revenue $17.23 billion, +14% y/y, exp. $16.95 billion Equities sales &...

Roblox Shares Crash As Engagement Headwinds Blindside Wall Street Online gaming platform Roblox crashed the most in four years in premarket trading to the tune of 24%, after the company reported weaker-than-expected first-quarter user metrics and slashed its full-year bookings outlook. One of the major problems plaguing Roblox has been that new child-safety features, including age-verification requirements and limits on platform communication, have slowed user growth. Daily active users came in at 132 million, missing the Bloomberg Consensus estimate of 143.8 million, while hours engaged also missed estimates. Here's a snapshot of first-quarter...