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1. Iran's Revolutionary Guards issued warnings of a broader response to U.S. attacks and claimed to have targeted U.S. army deployment locations, escalating regional tensions.
2. GameStop Corp. announced a FY2026 adjusted EBITDA outlook exceeding $600 million and its focus on the proposed acquisition of eBay, causing shares to rise by 2%.
3. The Philadelphia SE Semiconductor Index recorded a steep 7.9% weekly loss, reflecting broader weakness in the tech sector, while the S&P 500 and NASDAQ also declined.
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1. The IMF warns that a scenario of a minor global growth slowdown and price increases due to the Middle East war is no longer possible, with inflation beginning to pick up.
2. Palantir (PLTR) reported first-quarter revenue that crushed expectations and significantly raised its full-year guidance, causing its shares to rise in after-hours trading.
3. Famed investor Michael Burry has reportedly sold his entire position in GameStop (GME) stock.
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