FINWIRES — Financial News

Airbnb Insider Sold Shares Worth $491,213, According to a Recent SEC Filing

Elinor Mertz, Chief Financial Officer, on April 08, 2026, sold 3,750 shares in Airbnb (ABNB) for $491,213. Following the Form 4 filing with the SEC, Mertz has control over a total of 394,359 Class A common shares of the company, with 394,359 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1559720/000119312526151415/xslF345X05/ownership.xml

$ABNB

European Refined Product Markets Tighten as ARA Inventories Diverge, Wood Mackenzie Says

Europe's refined fuels market is flashing mixed signals with crude stock swings in the Amsterdam-Rotterdam-Antwerp hub, increasingly steering prices and sentiment, Wood Mackenzie analysts said in a note on Friday.Crude oil inventories in ARA terminals surged sharply toward the end of March, reversing earlier declines, analysts said.Stocks stood at 46.6 million barrels for the week ending Feb. 27, placing them at four-year seasonal lows by mid-March. However, inventories rebounded by over 8 million barrels in the following weeks, reaching 54.7 mmbbls by month-end, the highest level for the same period in four years.In contrast, gasoline inventories moved in the opposite direction. After reaching 2.45 mmbbls in the week ending Mar. 6, stocks fell nearly 20% to about 2 mmbbls by the end of the month, marking a four-year seasonal low and pointing to tightening supply in the motor fuels segment.Middle distillates, including gasoil and jet fuel, showed comparatively modest fluctuations.Gasoil inventories declined through early March, hitting 3.44 mmbbls in the week ending Mar. 13, before recovering to 3.60 mmbbls by Mar. 27. Jet fuel stocks followed a similar pattern, rising from 860,000 barrels at the end of February to 930,000 barrels four weeks later.Analysts say part of the divergence across product markets reflects differences in crude slates processed by refineries. Lighter crude grades, such as those produced in the North Sea, typically yield higher volumes of gasoline. However, yields can vary significantly even within the same region.For instance, crude from Norway's Asgard field can produce about 41% gasoline, compared with less than 36% from the UK's Forties blend.The contrasting inventory trends underscore the need to closely monitor refinery inputs and regional stock levels, particularly in Europe, where ARA hub dynamics remain a key barometer of broader market conditions.

US Markets14d ago

S&P 500 Snaps 7-Day Winning Streak as Wall Street Logs Back-to-Back Weekly Gains

The S&P 500 retreated Friday following a seven-day advance ahead of upcoming talks between the US and Iran, while Wall Street notched its second consecutive weekly gain.The index slipped 0.1% to 6,816.9, and the Dow Jones Industrial Average shed 0.6% to 47,916.6. The Nasdaq Composite rose 0.4% to 22,902.9, its eight consecutive day of gains.Most sectors ended in the red, led by consumer staples, while tech paced the gainers.This week, the Nasdaq rallied 4.7%, the S&P 500 advanced 3.6%, and the Dow climbed 3%."In another week of high drama, markets ended in a calmer fashion, awaiting this weekend's direct talks between the US and Iran in Islamabad around the 14-day ceasefire," said Douglas Porter, chief economist at BMO, said in a report.The focus shifts to Pakistan, where officials from Washington and Tehran are expected to meet on Saturday. The truce, which Pakistan helped broker, appeared to be holding so far, though there's uncertainty around the outcome of these talks.Fighting between Israel and Iran-backed Hezbollah continued in Lebanon, CNN reported Friday. Iran's parliament speaker, Mohammad Bagher Ghalibaf, said talks will begin only if there is a ceasefire in Lebanon and blocked Iranian assets are released.West Texas Intermediate crude oil was down 2.3% to $95.63 a barrel in Friday late-afternoon trade.In economic news, US consumer inflation accelerated to its highest monthly reading in nearly four years in March as the Middle East conflict sent energy prices sharply higher, official data showed."The fallout of the US/Israel-Iran war was evident in the March consumer price index," Oxford Economics said in a note.US consumer sentiment hit the lowest on record this month, reflecting heightened worries about higher prices and the overall economic fallout from the Middle East conflict, a survey by the University of Michigan showed.US Treasury yields were higher, with the 10-year rate last up 4.3 basis points at 4.32% and the two-year rate rising 4.1 basis points to 3.81%.In company news, ServiceNow (NOW) shares slumped 7.6%, among the worst performers on the S&P 500.The enterprise software company's competitive advantage may have been eroded amid growing evidence that workflow automation tasks can be automated by harnessing artificial intelligence models, UBS Securities said in a note. The brokerage downgraded its rating on the stock to neutral from buy and slashed its price target to $100 from $170.CoreWeave (CRWV) shares jumped nearly 11% after the AI cloud computing company struck a deal to support the development and deployment of Anthropic's Claude AI models.Major tech names advanced, with Nvidia (NVDA) up 2.6%, the biggest gainer on the Dow, while Super Micro Computer (SMCI) jumped 8.8%, the best performer on the S&P 500. Broadcom (AVGO), Advanced Micro Devices (AMD), and Amazon.com (AMZN) also notched gains.Cloudflare (NET) shares tumbled nearly 14% amid an extended sell-off. The slump offers a buying opportunity, while concerns around Project Glasswing are "overblown" as the cloud-services company is seen benefitting from projected exponential growth in agentic artificial intelligence applications, Oppenheimer said Friday.Project Glasswing is a cross-industry coalition formed to "secure the world's most critical software," Anthropic said in a statement. The alliance, which will be using Anthropic's unreleased Claude Mythos frontier model, includes several big tech names including Amazon Web Services, Broadcom and Nvidia.Gold was down 0.6% at $4,790 per troy ounce, while silver rose 0.1% to $76.48 per ounce.

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Equities14d ago

S&P 500 Posts Weekly Gain Ahead of Iran Peace Talks, Earnings

The Standard & Poor's 500 index rose 3.6% this week in a broad climb ahead of high-stakes peace talks between Iran and the US and the Q1 earnings reporting season.The S&P 500 ended the week at 6,816.89, its second positive week in a row. The index is up 4.4% for April, erasing much of March's 4.6% drop. It is down 0.4% for the year.A two-week ceasefire reached between the US and Iran early this week appeared to be holding as officials from Washington and Tehran were expected to meet on Saturday in Pakistan, which helped broker the ceasefire.The coming week also marks the unofficial start of the Q1 earnings reporting season.US consumer sentiment hit the lowest on record this month, reflecting heightened worries about higher prices and the overall economic fallout from the Middle East conflict, according to the University of Michigan's preliminary April survey. The survey was largely completed before the announcement of the two-week ceasefire.A report by the Bureau of Labor Statistics showed US consumer inflation accelerated to its highest monthly reading in nearly four years in March as the Middle East conflict sent energy prices sharply higher. The data showed energy price growth jumped about 11% sequentially in March, led by a 21% surge in gasoline, accounting for nearly three quarters of the headline increase.Every sector other than energy rose this week. Communication services and consumer discretionary climbed 5.8% each, followed by a 4.8% gain in technology and a 4.7% advance in industrials. Materials were also strong, up 3.5%, while real estate and financials rose more than 2% each. Utilities, consumer staples and health care also edged higher.Amazon.com (AMZN) was the top performer in consumer discretionary, climbing 14%. The company said its Amazon Web Services' artificial intelligence revenue run rate was more than $15 billion in Q1 and "ascending rapidly." AWS has the potential to grow even faster, Amazon Chief Executive Andy Jassy said in a letter to shareholders.Paramount Skydance (PSKY) had the largest percentage increase in communication services, rising 12%. The company's $54 billion bridge loan backing its acquisition of Warner Bros. Discovery (WBD), provided by Bank of America (BAC), Citigroup (C), and Apollo Global Management (APO), has been sold down to wider group of banks and reduced to $49 billion, according a regulatory filing.Intel (INTC) led the advance in the technology sector, jumping 24%. Intel and Alphabet's (GOOG, GOOGL) Google expanded a multiyear agreement to develop artificial intelligence and cloud infrastructure using Xeon processors and custom infrastructure processing units. Intel's Xeon chips will continue to support Google Cloud systems across AI, inference and general computing workloads, the companies said.Energy, the lone sector in the red for the week, fell 4.1%.Phillips 66 (PSX) led the energy sector's drop, sliding 9.6%, as the company said its Q1 results are expected to be weighed down by $900 million in mark-to-market losses tied to surging commodity prices, according to preliminary data. The jump in commodity prices also led to a net outflow of almost $3 billion of cash collateral on derivative positions, Phillips 66 said in a regulatory filing.Earnings reports are expected next week from many large companies, including Goldman Sachs Group (GS), JPMorgan Chase (JPM), Johnson & Johnson (JNJ), Wells Fargo (WFC), Citigroup (C), BlackRock (BLK), Bank of America (BAC), Morgan Stanley (MS), Progressive (PGR), Netflix (NFLX), Pepsico (PEP), Abbott Laboratories (ABT) and Charles Schwab (SCHW).Economic data will include the March producer price index as well as March existing home sales, import prices, industrial production and capacity utilization, among other reports.

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Financial News · Live Terminal

Airbnb Insider Sold Shares Worth $491,213, According to a Recent SEC Filing

Champion Iron Says Completed Acquisition of Norway's Rana Gruber ASA, At a Price of NOK 79 Per Share In Cash

European Refined Product Markets Tighten as ARA Inventories Diverge, Wood Mackenzie Says

Airbnb Insider Sold Shares Worth $491,213, According to a Recent SEC Filing

Champion Iron Says Completed Acquisition of Norway's Rana Gruber ASA, At a Price of NOK 79 Per Share In Cash

European Refined Product Markets Tighten as ARA Inventories Diverge, Wood Mackenzie Says

Kinross Recommending Shareholders Reject TRC Capital Investment's Below-Market "Mini-tender" Offer For Common Shares

S&P 500 Snaps 7-Day Winning Streak as Wall Street Logs Back-to-Back Weekly Gains

Dianthus Therapeutics Insider Sold Shares Worth $738,844, According to a Recent SEC Filing

Hycroft Mining Holding Insider Bought Shares Worth $7,734,000, According to a Recent SEC Filing

S&P 500 Posts Weekly Gain Ahead of Iran Peace Talks, Earnings

US Senators Urge Probe Into Oil Trading Ahead of Trump Iran Updates

Tamboran Resources Insider Bought Shares Worth $251,774, According to a Recent SEC Filing

Palo Alto Networks Insider Sold Shares Worth $272,459, According to a Recent SEC Filing

Children's Place Fiscal Q4 Adjusted Loss Widens, Revenue Falls; Shares Drop After Hours

Village Super Market Insider Sold Shares Worth $548,218, According to a Recent SEC Filing

United Therapeutics Insider Sold Shares Worth $5,489,819, According to a Recent SEC Filing

United Therapeutics Insider Sold Shares Worth $5,778,922, According to a Recent SEC Filing

Crinetics Pharmaceuticals Insider Sold Shares Worth $3,415,036, According to a Recent SEC Filing

Scorpio Tankers Closes Offering of Senior Notes due 2031

US Equity Indexes Rise This Week as Iran Heading for Peace Talks Lowers Geopolitical Risk

Canadian National Railway Volume Data Seen Tracking Ahead of Estimates, BofA Says

Equitable Holdings Insider Sold Shares Worth $1,534,355, According to a Recent SEC Filing