Friday, May 1, 2026

Orbit of News

Breaking Stories from Around the World

Apple Executives to Address China and Tariffs in Upcoming Earnings Call, But Foldable iPhone Remains Off the Agenda image
business

Apple Executives to Address China and Tariffs in Upcoming Earnings Call, But Foldable iPhone Remains Off the Agenda

As Apple prepares to release its earnings report, investors speculate that discussions will focus on geopolitical challenges while avoiding the...

Mercury Editorial April 30, 2026
Traders Brace for Turbulence as Apple Earnings Loom with Implied Volatility at a Six-Month High image
business

Traders Brace for Turbulence as Apple Earnings Loom with Implied Volatility at a Six-Month High

With Apple’s stock stagnant for half a year, traders anticipate a dramatic 3.5% price swing following tonight's earnings report, significantly...

Mercury Editorial April 30, 2026
"Why Rising Oil Prices Could Ignite Consumer Spending Instead of Stifling It" image
business

"Why Rising Oil Prices Could Ignite Consumer Spending Instead of Stifling It"

As Wall Street shifts its focus from Big Tech earnings, analysts suggest that surging oil prices might actually boost consumer trade by driving...

Mercury Editorial April 30, 2026
Carvana Soars as Retail Sales Surge 40% in Record First Quarter image
business

Carvana Soars as Retail Sales Surge 40% in Record First Quarter

The online used car retailer has announced impressive first-quarter results, with retail sales hitting 187,393 units, marking a significant boost...

Mercury Editorial April 30, 2026
Meta's Strong Quarter Overshadowed by Surging Capital Expenditure Concerns image
business

Meta's Strong Quarter Overshadowed by Surging Capital Expenditure Concerns

Despite reporting impressive earnings, Meta's shares fell 6.5% in after-hours trading as investors reacted to the company's heightened capital...

Mercury Editorial April 30, 2026
Amazon Surpasses Expectations: Price Target Raised Following Impressive Quarterly Performance image
business

Amazon Surpasses Expectations: Price Target Raised Following Impressive Quarterly Performance

After an exceptional quarter that exceeded high investor expectations, analysts have raised their price target on Amazon, reflecting renewed...

Mercury Editorial April 30, 2026
Major Earnings Reports from Tech Giants Set to Spark $800 Billion Stock Movement image
business

Major Earnings Reports from Tech Giants Set to Spark $800 Billion Stock Movement

As Alphabet, Amazon, Meta, and Microsoft prepare to unveil their earnings Wednesday night, traders are anticipating significant volatility in the...

Mercury Editorial April 29, 2026
Mortgage Rates Climb to Four-Week High Amid Rising Tensions in Iran image
business

Mortgage Rates Climb to Four-Week High Amid Rising Tensions in Iran

As negative developments in the Iran conflict drive bond yields higher, mortgage rates are experiencing a significant increase, impacting...

Mercury Editorial April 29, 2026
Homebuyers Show Resilience as Mortgage Rates Climb Once More image
business

Homebuyers Show Resilience as Mortgage Rates Climb Once More

Despite a recent uptick in mortgage rates that dampened refinance interest, prospective homebuyers are gradually returning to the market,...

Mercury Editorial April 29, 2026
Taco Bell Drives Yum Brands' Earnings Surge with Impressive 8% Same-Store Sales Growth image
business

Taco Bell Drives Yum Brands' Earnings Surge with Impressive 8% Same-Store Sales Growth

Yum Brands surpassed earnings expectations in the latest quarter, largely thanks to Taco Bell's robust 8% increase in same-store sales.

Mercury Editorial April 29, 2026