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BlackRock shares gained after stronger-than-expected Q1 earnings driven by robust ETF inflows, higher performance fees, and steady AUM growth. The firm reported $130 billion in net inflows and rising profitability despite weak broader market conditions and private market volatility concerns.
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Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracle’s cloud expansion strategy.
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A potential deal between ​United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from regulators, labor unions and consumer advocates, all wary of higher fares and reduced competition.
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Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead ​the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million.
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