Latest News

May 8, 2026, 9:15 AM EDT - 12 minutes ago

Sandoz CEO Says Size of Weight-Loss Generics Market Is Unknown

Switzerland's Sandoz sees Canada and Brazil markets as testing grounds before semaglutide goes off patent in Europe and the U.S. in the 2030s.

May 8, 2026, 9:07 AM EDT - 20 minutes ago

Canada Unemployment Rate Rises to Six-Month High in April

A recovery in the number of Canadians hunting for work helped drive the country's unemployment rate to its highest level in six months in April.

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May 8, 2026, 9:03 AM EDT - 24 minutes ago

Amazon's Chile data center moves ahead after residents lose environmental challenge

Patricio Hernandez lives on the northern outskirts of Chile's capital Santiago, a hilly area below the Andes mountains ‌which he and other residents fear could be devastated by a major Amazon data ce...

May 8, 2026, 9:03 AM EDT - 24 minutes ago

Porsche Closes Three Subsidiaries With The Loss of 500 Jobs as Turnaround Efforts Continue

The sports-car maker is doubling down on its strategic turnaround efforts by shedding further non-core assets, as its new chief looks to streamline the automaker and boost profit.

May 8, 2026, 9:02 AM EDT - 25 minutes ago

Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here

Cybersecurity experts and AI researchers tell CNBC that the perils revealed by Mythos are achievable using older models, including those from Anthropic and OpenAI. AI is accelerating how quickly vulne...

May 8, 2026, 9:01 AM EDT - 26 minutes ago

Nintendo Increases Switch 2 Price Starting September 1

It's not a matter on if it would happen, only a matter of when.

May 8, 2026, 9:01 AM EDT - 26 minutes ago

Beyond 'MacBook Ultra': Here Are the Macs We Expect Apple to Upgrade Next

Memory chip shortages are a wildcard in the prediction game, but here are the computers rumored to be getting updated this year.

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May 8, 2026, 8:58 AM EDT - 29 minutes ago

Lilly's obesity pill tops 7,000 prescriptions in fourth week, signals modest uptake

Eli Lilly's new oral weight-loss drug, Foundayo, was prescribed 7,335 times in the U.S. in the fourth week, a modest uptake compared to rival ‌Novo Nordisk's Wegovy pill, analysts said.

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May 8, 2026, 8:49 AM EDT - 38 minutes ago

Airbnb says AI now writes 60% of its new code

A large part of Airbnb's Q1 2026 earnings call was dedicated to talking about how the company is using AI tools for coding, customer support, and search. Notably, the company claimed that 60% of the c...

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May 8, 2026, 8:45 AM EDT - 42 minutes ago

Markets Await Jobs Report, Earnings Reaction AKAM, NET, CRWV & TTD

While investors and traders await April's jobs report, Friday's premarket climb catches the eye of Kevin Green. He and Diane King Hall discuss the setup heading into the weekend before breaking down a...

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May 8, 2026, 8:43 AM EDT - 44 minutes ago

Poland signs first loan deal as part of EU defence spending push

Poland has signed its loan agreement under a European Union defence financing programme, securing 43.7 billion euros to strengthen its military as the bloc steps up efforts to ‌boost security amid he...

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May 8, 2026, 8:43 AM EDT - 44 minutes ago

Gold prices catch a solid bid after U.S. economy created 115k jobs in April

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

May 8, 2026, 8:41 AM EDT - 46 minutes ago

Private credit roundup: HSBC's big loss and an FSB warning

HSBC shocked markets with an unexpectedly large $400 million loss linked to a fraud case involving a British mortgage lender this week, turning the spotlight to banks and their deep involvement in th...

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May 8, 2026, 8:40 AM EDT - 47 minutes ago

MSCI, Shopify, Hyatt, & More: Why They Meet RONB's Criteria

While Baron First Principles ETF (RONB) holds positions in founder Elon Musk's Tesla and SpaceX, a deeper look reveals a portfolio full of high-conviction holdings. Guided by the firm's First Principl...

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May 8, 2026, 8:40 AM EDT - 47 minutes ago

Navigating Manager Selection Risk in Private Credit

Private credit has emerged as an attractive asset class for investors seeking enhanced returns, but recent data reveals a critical challenge: manager selection risk. Notably, the 54 constituents in t...

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May 8, 2026, 8:37 AM EDT - 50 minutes ago

MP Materials Stock Jumps. 2 Reasons Its Rare Earths Earnings Wowed Markets.

Thursday, MP reported first-quarter earnings per share of 3 cents from sales of $90.6 million. Wall Street was looking for a loss of 3 cents from sales of closer to $75 million.

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May 8, 2026, 8:35 AM EDT - 52 minutes ago

This Software Stock Is Having Its Worst Day Ever. AI Fears Are the Market Reality.

HubSpot's guidance is too soft for analysts as the market continues to be rattled by fears over AI disruption.

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May 8, 2026, 8:32 AM EDT - 55 minutes ago

Home Improvement Spend Is, Well, Improving. Lowe's Stock Looks Cheap.

Lowe's stock has dropped 20% since February, creating a buying opportunity.

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May 8, 2026, 8:30 AM EDT - 57 minutes ago

San Lorenzo Cuts Numerous Intercepts of Porphyry Style Mineralization in Holes 9 and 10 on Arco de Oro Target Including 102.3 Metres Of 1.33 G/T Gold

CALGARY – TheNewswire - May 8, 2026 - San Lorenzo Gold Corp. ("San Lorenzo" or the "Corporation") (TSXV: SLG) is pleased to announce further assay results from the recently completed drilling program ...

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May 8, 2026, 8:25 AM EDT - 1 hour ago

Porsche AG to cut over 500 jobs as it sharpens focus on core business

Porsche AG said ‌on Friday that it ⁠planned to cut more than 500 jobs as it ‌discontinues ⁠three subsidiaries to focus ⁠on core business.

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May 8, 2026, 8:20 AM EDT - 1 hour ago

Here's why Tilray Brands stock has crashed after cannabis reclassification

Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country. TLRY dropped to $5.6, much lower ...

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May 8, 2026, 8:17 AM EDT - 1 hour ago

This Mini Berkshire Hathaway Is a Buy. An Activist Investor Is Pushing to Break It Up.

Markel has improving insurance operations, a sizable equity portfolio, and a low valuation relative to specialty insurance peers.

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May 8, 2026, 8:14 AM EDT - 1 hour ago

Cloudflare's slowing growth disappoints investors betting on AI boost

Cloudflare shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary in the race to a...

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May 8, 2026, 8:01 AM EDT - 1 hour ago

OpenAI has to build a phone | The Vergecast

The Musk v. OpenAI trial continues, which means so do the allegations and leaks surrounding some of the most influential people in tech.

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May 8, 2026, 8:00 AM EDT - 1 hour ago

First Tellurium and PyroDelta to Attend Commodities Global Expo in Fort Lauderdale

Vancouver, BC, Canada, May 8, 2026 - TheNewswire – First Tellurium Corp. (CSE: FTEL , OTC: FSTTF) (the “ Company ”) announces that President & CEO Tyrone Docherty and PyroDelta Energy's Head Engineer...

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May 8, 2026, 8:00 AM EDT - 1 hour ago

Plug Power stock just flashed a warning sign: May 11 will be key

Plug Power stock price has recoiled in the past few days, moving from the year-to-date high of $3.45 to the current $3.13. This pullback has ended a relatively strong rally that pushed it from a low o...

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May 8, 2026, 7:56 AM EDT - 1 hour ago

Exclusive: Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say

Rio Tinto , is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the development, two industry sou...

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May 8, 2026, 7:53 AM EDT - 1 hour ago

Watch as Institutions Push Onto Innovation Higher

ONTO designs, develops, manufactures, and supports high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers.

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May 8, 2026, 7:49 AM EDT - 1 hour ago

Alibaba, Baidu Stocks Have an Epic Week. Why It's Not Just U.S. Tech on a Tear.

Alibaba stock and Baidu have both racked up significant gains over the past week. But there are questions hanging over Chinese AI.

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May 8, 2026, 7:47 AM EDT - 1 hour ago

Watch as Institutions Sail the DigitalOcean

DigitalOcean Holdings, Inc. (DOCN) shares rise 279% since last year's first institutional outlier signal.

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May 8, 2026, 7:45 AM EDT - 1 hour ago

Intesa's profits top forecast on strong trading, confirm solid start for sector

Italy's biggest bank Intesa Sanpaolo topped forecasts with first-quarter earnings on Friday, helped by strong ‌trading gains and lower loan loss provisions, and maintained its full-year outlook.

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May 8, 2026, 7:40 AM EDT - 1 hour ago

Wendy's Posts Higher Sales Amid U.S. Turnaround Efforts

Wendy's recorded higher revenue in the first quarter, as it works to return to sales growth at its U.S. restaurants.

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May 8, 2026, 7:38 AM EDT - 1 hour ago

State Street's Doshi on Gold's Portfolio Use Cases & More

It's certainly not a secret that the price of gold has undergone a fascinating journey over the last six months. While the precious metal ended 2025 and began 2026 on a very high note, its price hit s...

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May 8, 2026, 7:38 AM EDT - 1 hour ago

Micron up 600%, SanDisk up 3,350%: which stock should you buy?

Memory chips have quietly become one of the market's hottest AI trades. Micron Technology (NASDAQ: MU) is now worth about $738 billion, while SanDisk (NASDAQ: SNDK), which completed its separation fro...

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May 8, 2026, 7:34 AM EDT - 1 hour ago

RBC Boosts S&P 500 Price Target. Big Tech Can Drive a 10% Gain.

RBC sees a “two-speed” economy boosting tech, which could take the benchmark 10% higher over the next year.

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May 8, 2026, 7:30 AM EDT - 1 hour ago

Noble Announces Results of the Special Meeting of Shareholders and Agreements with Marketing Consultants

TORONTO - TheNewswire - May 8, 2026 – Noble Mineral Exploration Inc. (“ Noble ” or the “ Company ”) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce the results of its Special Meeting of shareholders...

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May 8, 2026, 7:30 AM EDT - 1 hour ago

CoreWeave Stock Falls After Earnings. Why a Revenue Beat Wasn't Enough.

Revenue for the quarter reached $2.08 billion, up 112% on the year. But operating income fell a bit short of estimate.

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May 8, 2026, 7:26 AM EDT - 2 hours ago

A cloud computing stock is soaring more than 25%. Here's what's driving the rally

Cybersecurity and cloud computing firm Akamai's stock jumped in premarket trading. The firm announced a $1.8 billion deal with a "leading frontier model provider" on Thursday.

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May 8, 2026, 7:26 AM EDT - 2 hours ago

Intesa Posts Net Profit Rise as Corporate, Investment Banking Drives Growth

The bank reported a net profit of €2.76 billion for the first quarter, up 5.6% compared with the year-earlier period.

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May 8, 2026, 7:25 AM EDT - 2 hours ago

Google has bit more time to address concerns in EU investigation, EU Commission says

EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a ‌previous proposal from the company fell short, the European Commission said on Friday.

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May 8, 2026, 7:20 AM EDT - 2 hours ago

TeraWulf Earnings Disappoint. But the Stock Is Rising on AI Momentum.

The former Bitcoin miner reports steeper-than-expected losses in the first quarter as it transitions to developing AI data centers.

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May 8, 2026, 7:14 AM EDT - 2 hours ago

AngloGold Ashanti Hikes Shareholder Payouts as Earnings Soar on Higher Gold Prices

Higher prices helped the miner deliver a jump in quarterly earnings, with record free cash flow enabling an up to $2 billion share buyback and higher dividend.

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May 8, 2026, 7:08 AM EDT - 2 hours ago

Expedia tumbles as Middle East conflict, Mexico travel advisory hit bookings

Online travel agency Expedia's shares dropped 8% before the bell on Friday, after the ongoing conflict in the Middle East and a travel advisory in Mexico shaved about 200 basis points off its quarter...

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May 8, 2026, 7:07 AM EDT - 2 hours ago

Gold News: Gold Analysis Says 62,000 Payrolls Could Trigger the Breakout Bulls Have Waited For

Gold prices climb ahead of Nonfarm Payrolls as traders weigh Fed rate cut expectations, weaker yields and easing oil prices.

May 8, 2026, 7:05 AM EDT - 2 hours ago

The Tech Download: Meta, Google enter AI agent race as ‘agentic wars' heat up

Agentic AI tool OpenClaw went viral earlier this year, with a number of Big Tech companies ramping up efforts to build similar products. In the past week, reports indicate that both Meta and Google ar...

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May 8, 2026, 7:05 AM EDT - 2 hours ago

Enbridge beats first-quarter profit estimates

Pipeline operator Enbridge beat expectations for first-quarter profit on ‌Friday as robust power demand helped lift volumes of gas ⁠and liquids transported through its systems.

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May 8, 2026, 6:57 AM EDT - 2 hours ago

Logitech CEO plans to boost spending on R&D and marketing

Logitech International (LOGN.S) will increase spending on product development ‌and marketing this year, CEO Hanneke Faber said, despite concerns over a possible global economic slowdown ⁠triggered ...

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May 8, 2026, 6:48 AM EDT - 2 hours ago

FTSE 100 set for weekly decline as Middle East ceasefire concerns grow

The UK's benchmark FTSE 100 index edged lower on Friday as renewed tensions in the Gulf unsettled global markets, while investors also assessed early local election results that showed heavy losses fo...

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May 8, 2026, 6:48 AM EDT - 2 hours ago

A new Wall Street target for the S&P 500 is very nearly the top. Here are the trades to make.

Earnings and a supportive economic backdrop should help stocks, says RBC

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May 8, 2026, 6:42 AM EDT - 2 hours ago

HSBC has reviewed lending policies after $400 million fraud provision, chairman says

HSBC has "substantially completed" a review of its lending ‌policies and practises after it took a $400 million provision against a fraud in its ⁠UK business, Chairman Brendan Nelson told shareho...

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May 8, 2026, 6:39 AM EDT - 2 hours ago

Trump walks back threat to rip up part of EU trade deal but tells bloc to ratify by 4 July

US president expresses impatience at speed of EU's implementation and warns of ‘much higher' tariffs

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May 8, 2026, 6:32 AM EDT - 2 hours ago

Amazon cloud outage impacts crypto and derivatives trading services

Amazon's cloud computing division experienced an outage at one of its northern Virginia data centre zones on Thursday, disrupting services for several major platforms, including cryptocurrency exchang...

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May 8, 2026, 6:24 AM EDT - 3 hours ago

Spending in the U.S. just slumped, and Bank of America isn't sure why

Something funny just happened in the U.S. economy, according to Bank of America after the nation's number-two bank looked at credit- and debit-card use by its customers.

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May 8, 2026, 6:23 AM EDT - 3 hours ago

Natural Gas and Oil Forecast: Fundamentals Return as Truce Holds — WTI $92 or Brent $104 Next?

Ceasefire stability allows focus to shift from headlines to supply-demand dynamics. Natural Gas futures reclaim $2.81 showing early signs of life while WTI slides to $94.82 and Brent retests channel f...

May 8, 2026, 6:18 AM EDT - 3 hours ago

Sony, Nintendo grapple with memory price surge as AI boom constrains supply

Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions ‌across th...

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May 8, 2026, 6:16 AM EDT - 3 hours ago

Lime files to go public in New York

Lime, which operates an electric bike and scooter network and is backed by ‌Uber Technologies , filed to go public in the United States on Friday.

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May 8, 2026, 6:13 AM EDT - 3 hours ago

Wacker Chemie Reaches Agreement to Cut Around 10% of Workforce

The company will lay off around 1,600 employees in Germany by the end of 2027.

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May 8, 2026, 6:03 AM EDT - 3 hours ago

Insight: Trump's crackdown on China-linked solar firms stalls U.S. factory boom

Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over whether their ties to China could disqual...

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May 8, 2026, 5:57 AM EDT - 3 hours ago

RBC lifts year-end S&P 500 forecast as AI sectors fuel rally

RBC Capital Markets raised its year-end target for the S&P 500 on Friday, citing resilient earnings growth and continued strength in artificial intelligence-linked sectors. The Canadian brokerage incr...

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May 8, 2026, 5:40 AM EDT - 3 hours ago

Nvidia Stock Rises After IREN AI Tie-Up. Why It Keeps Making ‘Circular' Deals.

Nvidia stock and IREN were both rising after the companies agreed to deploy five gigawatts of AI infrastructure.

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May 8, 2026, 5:38 AM EDT - 3 hours ago

What's driving Qualcomm stock higher?

Investors are cheering Qualcomm Inc (QCOM) on Thursday after the semiconductor titan unveiled new mobile phone chips – the Snapdragon 6 Gen 5 and the Snapdragon 4 Gen 5. The upward momentum drove QCOM...

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May 8, 2026, 5:21 AM EDT - 4 hours ago

Block Stock Jumps After Earnings. How Those Vast Job Cuts Are Working Out.

Shares rise after the fintech company's results signal to investors that it is chugging along just fine despite mass layoffs.

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May 8, 2026, 5:20 AM EDT - 4 hours ago

Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch

Sony expects annual profit to rise by double digits in the upcoming financial year. The Japanese entertainment giant also said it would buy back up to 500 billion yen in shares over the next year.

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May 8, 2026, 5:20 AM EDT - 4 hours ago

A $2 billion tech firm is pausing 401(k) contributions for staff in the latest corporate benefit rollback

TTEC, a customer experience technology and services firm, is pausing 401(k) matches for US staff. The move echoes recent rollbacks of core benefits, including PTO and pensions, at Deloitte and Zoom.

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May 8, 2026, 5:15 AM EDT - 4 hours ago

Oil Back Above $100, U.S. Futures Up as U.S.-Iran Tensions Escalate

U.S. futures diverged from falling stocks in Asia and Europe, with all of its major indexes in the green as investors looked past the rise in escalations.

May 8, 2026, 5:13 AM EDT - 4 hours ago

Why CoreWeave stock is falling despite strong AI revenue growth?

Shares of AI infrastructure provider CoreWeave (NASDAQ: CRWV) fell about 6% in premarket trading on Friday after the company issued weaker-than-expected revenue guidance and lifted its capital expendi...

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May 8, 2026, 5:05 AM EDT - 4 hours ago

Nintendo's Switch 2 Gets A $50 Price Hike—Company Blames ‘Market Conditions'

In March, Sony announced it was hiking the prices of its PlayStation 5 family of consoles by between $100-$150. The PlayStation 5's cheapest model—the Digital Edition with no disc drive— now costs $59...

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May 8, 2026, 5:02 AM EDT - 4 hours ago

One of Disney's top AI users tells all: 'I'm pushing the bleeding edge'

Disney employees are embracing AI tools, with some invoking them tens of thousands of times a month. One AI power-user broke down how they're using AI agents to boost their productivity.

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May 8, 2026, 4:56 AM EDT - 4 hours ago

Zara denies infringing Jo Malone trademark in Estee Lauder case

Fashion retailer Zara has denied infringing Estee Lauder's Jo Malone trademark, saying in UK High Court filings that it uses ‌the perfumer's name on fragrances it sells in collaboration with her in li...

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May 8, 2026, 4:50 AM EDT - 4 hours ago

Google faces new UK lawsuit over online display ads

Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.

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May 8, 2026, 4:38 AM EDT - 4 hours ago

Sony, TSMC plan new Japan joint venture for next-generation image sensors

Taiwan Semiconductor Manufacturing Co and Sony Semiconductor Solutions said on Friday they plan to form a new joint venture in Japan ‌to develop and manufacture next-generation image sensors.

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May 8, 2026, 4:37 AM EDT - 4 hours ago

Mercedes-Benz to recall 144,049 U.S. vehicles over display issues, NHTSA says

Mercedes-Benz is recalling ‌144,049 vehicles in the U.S. ⁠over blank instrument panel display issues, the U.S. National ‌Highway ⁠Traffic Safety Administration said ⁠on Friday.

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May 8, 2026, 4:30 AM EDT - 4 hours ago

Engineer Gold Announces Private Placement

May 8, 2026 – TheNewswire - Vancouver, BC, Canada – Engineer Gold Mines Ltd. (the "Company") (TSX-V: EAU) announces that the Company has arranged a non-brokered private placement offering of units for...

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May 8, 2026, 4:25 AM EDT - 5 hours ago

Top FTSE 100 and 250 shares to watch: Burberry, ITV, Vodafone, BT, National Grid

The FTSE 100 Index remained in a narrow range this week as traders watched the developments in the Middle East, where odds of a deal between the US and Iran rose. It also wavered because of the weak H...

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May 8, 2026, 4:20 AM EDT - 5 hours ago

Samsung Electronics' union says to enter mediation over wage dispute

Samsung Electronics' union said on Friday it will enter ‌a mediation process with the company on May 11 and 12 over a wage dispute that has threatened to escalate into a full-blown strike at the co...

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May 8, 2026, 4:18 AM EDT - 5 hours ago

Rocket Lab Stock Soars After Earnings Beat. The Space Race Is On.

Rocket Lab reported better-than-expected first-quarter sales. That wasn't the half of it.

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May 8, 2026, 4:08 AM EDT - 5 hours ago

Taiwan parliament approves extra defence spending but less than government wanted

Taiwan's opposition-controlled parliament on Friday approved $25 billion in extra ‌defence spending, around two-thirds of the much larger package the government had asked for ⁠to bolster the armed ...

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May 8, 2026, 4:02 AM EDT - 5 hours ago

Why the Iran War is Hitting Indian Stocks Harder Than Other Markets

Record foreign outflows and surging energy costs are battering India's economy and the rupee. While geopolitical tensions drive crude prices higher, some sectors show resilience amid the volatility.

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May 8, 2026, 3:34 AM EDT - 5 hours ago

U.S.-Iran Strikes Test Cease-Fire. Oil Prices Rise But Head for Weekly Losses.

Brent crude and WTI prices were rising early Friday as the U.S. and Iran exchanged strikes but the market is still hopeful of a peace deal.

May 8, 2026, 3:32 AM EDT - 5 hours ago

Trump threatens EU with ‘much higher' tariffs if no trade deal signed by new deadline

Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S. The president warned tariffs "would immediately jump to much higher levels" if the bloc failed to do...

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May 8, 2026, 3:28 AM EDT - 5 hours ago

SoftBank cuts target for OpenAI margin loan by 40% to $6 billion, Bloomberg News reports

SoftBank Group has downsized plans for ‌a $10 billion margin loan backed by its OpenAI stake after hesitation ⁠from some creditors, Bloomberg News reported on Friday, citing people familiar with...

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May 8, 2026, 3:23 AM EDT - 6 hours ago

Nintendo Forecasts Weaker Switch 2 Sales, Net Profit

The videogame maker's net profit rose 52% for the year ended March.

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May 8, 2026, 3:19 AM EDT - 6 hours ago

Stellantis and China's Leapmotor Deepen Ties to Drive European EV Expansion

The Jeep-maker and Chinese auto manufacturer plan moves to both boost production and lower costs.

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May 8, 2026, 3:07 AM EDT - 6 hours ago

US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports

A firm linked to Thailand's national AI initiative is suspected of helping smuggle ‌billions of dollars' worth of Super Micro Computer servers containing advanced Nvidia chips to China, Bloomberg N...

May 8, 2026, 3:00 AM EDT - 6 hours ago

Intertek Rejects Sweetened $12.1 Billion Offer From EQT

Intertek rejected the improved proposal from buyout group EQT, saying that it undervalues the company and it remains committed to a strategic review.

May 8, 2026, 2:43 AM EDT - 6 hours ago

British Airways Owner IAG Cuts 2026 Outlook on Soaring Jet-Fuel Prices

International Consolidated Airlines Group lowered its forecasts for 2026 despite a jump in profit, citing the impact of the Iran war and the increase in jet fuel prices.

May 8, 2026, 2:39 AM EDT - 6 hours ago

Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites

May 8, 2026, 2:38 AM EDT - 6 hours ago

Toyota Projects Lower Profit Due to Middle East Impact

The Japanese carmaker reported higher quarterly net profit but said it expects the Middle East conflict to take a toll on its bottom line this fiscal year.

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May 8, 2026, 2:20 AM EDT - 7 hours ago

Stellantis , China's Leapmotor plan to expand EV partnership, boost European production

Stellantis said on Friday it would expand its partnership ‌with China's Leapmotor , through manufacturing cooperation in Europe.

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May 8, 2026, 2:11 AM EDT - 7 hours ago

Britain's Intertek rejects EQT's $12-billion takeover bid

Britain's Intertek rejected a ‌sweetened 8.93 billion pound ($12.12 billion) takeover proposal ⁠from Swedish private equity firm EQT AB on Friday, saying it ‌undervalued ⁠the product testing co...

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May 8, 2026, 2:09 AM EDT - 7 hours ago

Polish utility Enea's core profit slides 20% on weaker mining, retail trading

Polish utility Enea reported a 20% drop in its first-quarter core profit late on Thursday, as a high year-ago comparison in its mining segment and ‌weaker retail trading margins offset gains in power...

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May 8, 2026, 1:59 AM EDT - 7 hours ago

Commerzbank to Cut 3,000 Jobs, Spend on AI as it Raises Targets Amid UniCredit Bid

The lender said it would raise its expectations for 2028, and set new targets in a plan for 2030, amid a takeover bid from UniCredit.

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May 8, 2026, 1:55 AM EDT - 7 hours ago

U.K. Shop Visits Dip as Inflation Bites into Spending

Visits to retail shops dropped 10.7% on year in the in April, the weakest performance in more than five years, according to a report from the British Retail Consortium.

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May 8, 2026, 1:51 AM EDT - 7 hours ago

Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

Airbnb's CEO Brian Chesky sees his company changing significantly with AI. He said nearly 60% of the company's code is now written by AI.

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May 8, 2026, 1:46 AM EDT - 7 hours ago

RBC lifts S&P 500 year-end target to 7,900 on AI optimism

RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient ‌earnings growth and continued strength in artificial intelligence‑linked sectors.

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May 8, 2026, 1:39 AM EDT - 7 hours ago

‘Not a Chance Hormuz Opens': How Wall Street's new NACHO trade bets on a prolonged oil shock

Traders are embracing the “NACHO” trade as doubts grew over a quick Hormuz reopening. Oil and shipping markets signaled fears of a prolonged disruption.

May 8, 2026, 1:13 AM EDT - 8 hours ago

Commerzbank upgrades targets as it fends off UniCredit takeover

Commerzbank ‌on Friday upgraded a ⁠series of financial targets after Italy's UniCredit this week formally made a ‌lowball ⁠takeover bid for Germany's second-largest bank.