Latest News

May 13, 2026, 6:30 AM EDT - 10 minutes ago

Inflection Resources - Drilling Ongoing at Trangie Project in New South Wales, Australia

Vancouver, British Columbia - TheNewswire - May 13, 2026: Inflection Resources Ltd. (CSE: AUCU / OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to provide an update on the ongoing...

May 13, 2026, 6:27 AM EDT - 13 minutes ago

Alibaba's Quarterly Profitability Still Under Pressure

Alibaba Group's profitability remained under pressure as the Chinese tech giant continues to invest heavily in artificial intelligence and fend off intense competition in the food-delivery space.

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May 13, 2026, 6:10 AM EDT - 30 minutes ago

Eurozone Industrial Production Inched Higher in March

Output rose 0.2% on month, though the war in the Middle East is expected to increasingly weigh on manufacturers as energy costs and supply disruptions mount.

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May 13, 2026, 6:03 AM EDT - 37 minutes ago

US SEC, Musk to argue for Twitter settlement before DC judge

Attorneys for the ‌U.S. Securities and Exchange Commission and Elon Musk will appear before a federal judge on Wednesday to argue for their $1.5 million settlement over the billionaire's purchase of T...

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May 13, 2026, 6:00 AM EDT - 40 minutes ago

Andina Copper Intersects 152m at 0.67% Cu from 54m, within 272m at 0.50% Cu

May 13, 2026 – TheNewswire - Vancouver, British Columbia - Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) is pleased to report continuing outstanding drill intercepts from the Cobra...

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May 13, 2026, 5:57 AM EDT - 43 minutes ago

BT Group share price soars to a 7-year high as earnings loom

BT Group share price continued its strong bull run, reaching its highest point in over seven years as its full-year earnings loomed. It jumped to 240p, up by over 140% from its lowest point in 2024.

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May 13, 2026, 5:51 AM EDT - 49 minutes ago

Alibaba's core profit plunges 84% even as AI and cloud growth accelerate

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.

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May 13, 2026, 5:46 AM EDT - 54 minutes ago

ECB's Elderson urges euro zone banks to prepare for AI-led cyberattacks

European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to accelerate preparations against potential cyberattacks that could be launched using Anthropic's Mythos AI...

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May 13, 2026, 5:45 AM EDT - 55 minutes ago

Spirit's Big Fail: Oversized Planes Are Breaking Low-Cost Airlines

After Spirit Airlines vanished from the skies, its not-quite-sudden collapse raised questions about why the successful low-cost model, born in the U.S. airline industry, is failing.

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May 13, 2026, 5:45 AM EDT - 55 minutes ago

Microsoft offered me a buyout at 47. In tech, that's basically grandma age, but I'm not sure I'm ready to retire.

Marisela Cerda, who's worked at Microsoft for nearly 25 years, received a buyout offer at age 47. The company's offer has prompted her to consider her career and future contributions in tech.

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May 13, 2026, 5:42 AM EDT - 58 minutes ago

Japan PM Takaichi to visit UK and Italy in June, NTV reports

Japanese Prime Minister Sanae Takaichi plans ​to visit Britain ‌and Italy before attending a Group of Seven leaders' ​summit in France ​in mid-June, broadcaster NTV reported ⁠on Wednesday, citing ​mul...

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May 13, 2026, 5:39 AM EDT - 1 hour ago

Natural Gas and Oil Forecast: WTI Above $101, Brent Holds $106.84 — Can NatGas Push Through $2.85?

Oil and Natural Gas settle into technical ranges as the Middle East truce holds. WTI bounces strongly inside its blue channel, Brent finds solid support, and NatGas builds short-term base near $2.85.

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May 13, 2026, 5:39 AM EDT - 1 hour ago

Lyft says its latest AI push is all about helping drivers make more money

Lyft's AI tool, Earnings Assistant, offers drivers tips on where and when to drive. It gives drivers another tool to maximize their earnings in a competitive industry.

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May 13, 2026, 5:36 AM EDT - 1 hour ago

Jupiter increases European government bond exposure as ECB hike pricing "overdone"

Asset manager Jupiter has been buying European government bonds, particularly shorter-dated German ​debt, and reducing exposure to U.S. Treasuries ‌because they think the market is pricing in too many...

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May 13, 2026, 5:34 AM EDT - 1 hour ago

Alibaba quarterly revenue rises 3%, missing estimates

China's Alibaba , said on Wednesday ​that fourth-quarter revenue ‌climbed 3%, helped by robust ​growth for its ​cloud computing and ⁠AI divisions, while ​its e-commerce unit ​also benefited from a new...

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May 13, 2026, 5:30 AM EDT - 1 hour ago

Volvo Cars open to US partnerships, CEO says

Sweden's Volvo Cars is open to cooperation with other companies in ​the United States as the auto ‌maker seeks to better utilise the existing production capacity at its South Carolina plant, the ​comp...

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May 13, 2026, 5:30 AM EDT - 1 hour ago

Kool-Aid to launch electrolyte packets with no artificial dyes as part of Kraft Heinz makeover

Kool-Aid is launching electrolyte packets made without artificial dyes and sugar. Parent company Kraft Heinz is trying to reverse slumping sales by modernizing many of its iconic brands.

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May 13, 2026, 5:28 AM EDT - 1 hour ago

Eli Lilly launches Alzheimer's drug Donanemab in India

U.S.-based drugmaker Eli Lilly on Wednesday launched its Alzheimer's drug ​Lormalzi, also known as Donanemab, in ‌India.

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May 13, 2026, 5:23 AM EDT - 1 hour ago

Blackstone drops $4 billion New World deal, Bloomberg News reports

Blackstone has ​walked away ‌from a proposed $4 ​billion ​tie-up with Hong ⁠Kong's ​New World ​Development after the struggling ​property ​developer refused to ‌hand ⁠over the reins, Bloomberg ​News ​...

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May 13, 2026, 5:16 AM EDT - 1 hour ago

Tencent Maintains Double-Digit Profit Growth Amid Intensified AI Investment

Tencent Holdings extended its streak of double-digit profit growth in the first quarter.

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May 13, 2026, 5:14 AM EDT - 1 hour ago

ABN Amro Shares Climb After Cost Control Lifts Profit

The Dutch bank's earnings beat analysts' expectations and it said full-year costs would be lower than forecast.

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May 13, 2026, 5:10 AM EDT - 1 hour ago

China's Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected

The tech giant reported its first-quarter 2026 earnings on Wednesday.

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May 13, 2026, 5:09 AM EDT - 1 hour ago

Stellantis' Leapmotor partnership points to a wider — and riskier— industry gamble

A recent deal between Stellantis and Leapmotor is seen as a watershed moment for the future of European carmaking. Stellantis said it will expand its strategic partnership with Leapmotor, paving the w...

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May 13, 2026, 5:09 AM EDT - 1 hour ago

Intel, AMD, Qualcomm Stocks Rise as AI Chip Rally Reignites

Intel stock, AMD and Qualcomm were rising Wednesday as investors rush back into the AI chip trade.

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May 13, 2026, 5:06 AM EDT - 1 hour ago

RWE calls for 'strategic' gas reserves as Middle East conflict empties caverns

RWE , Germany's biggest power producer, has called ​for a strategic gas ‌reserve to ensure the country's gas caverns can be sufficiently ​filled for the winter ​period, warning current levels were ⁠to...

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May 13, 2026, 5:00 AM EDT - 1 hour ago

McDonald's, Recommitting to Chicago, Strikes Soccer Stadium Naming Deal

The new Chicago Fire soccer stadium will be called McDonald's Park and is expected to open in 2028.

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May 13, 2026, 4:54 AM EDT - 1 hour ago

Nissan Motor Projects Annual Profit After Series of Restructuring Moves

The Japanese carmaker projected it would swing back to net profit in the current fiscal year after reporting its seventh straight quarterly loss.

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May 13, 2026, 4:51 AM EDT - 1 hour ago

Walmart to cut or relocate 1,000 corporate workers: is AI to blame again?

Walmart is cutting or relocating around 1,000 corporate employees as the retail giant consolidates parts of its global technology and artificial intelligence operations in a broader push to streamline...

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May 13, 2026, 4:50 AM EDT - 1 hour ago

Musk 'wanted 90%' of OpenAI, Altman tells feisty tech titan trial

Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday at a blockbuster trial that saw him spar with lawyers representing the world's w...

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May 13, 2026, 4:47 AM EDT - 1 hour ago

Russia's oil output down 460,000 bpd year-on-year in April, IEA says

Russia's crude oil production declined by 460,000 barrels per day in April from the same month a year ago to around 8.8 million bpd, the International Energy Agency said on Wednesday, as Ukraine rampe...

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May 13, 2026, 4:46 AM EDT - 1 hour ago

Nvidia's Jensen Huang got the last Air Force One seat to China. Why it's so crucial for the chipmaker.

Traders are interpreting the late addition of Nvidia's CEO to the Air Force One passenger list as a signal that good news about export licenses may be in the offing

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May 13, 2026, 4:42 AM EDT - 1 hour ago

Tencent Q1 revenue rises 9% on gaming and AI demand, but misses estimates

Tencent Holdings reported first-quarter ​revenue growth of 9% ‌on Wednesday, as China's largest social ​media and gaming ​company benefited from robust ⁠demand for its ​games and expanding ​artificial...

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May 13, 2026, 4:40 AM EDT - 2 hours ago

Japan sells foreign stocks in April amid inflation worries

Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to the Iran war and broader inflation risks weighed on s...

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May 13, 2026, 4:34 AM EDT - 2 hours ago

Oil Prices Fall. The Stock Market Can't Keep Ignoring Strait of Hormuz Chaos.

Oil prices slipped early Wednesday as President Donald Trump headed to Beijing for a high-stakes summit with China's Xi Jinping.

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May 13, 2026, 4:22 AM EDT - 2 hours ago

BYD in talks with Stellantis and others about taking Europe plants, Bloomberg News reports

BYD is ​negotiating with ‌Stellantis and other ​European car ​makers to take ⁠over ​underused factories ​in the region, Bloomberg ​News ​reported on Wednesday, ‌citing ⁠the Chinese company's top inter...

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May 13, 2026, 4:20 AM EDT - 2 hours ago

The stock market doesn't need Fed cuts, says Morgan Stanley as it rachets S&P 500 view higher

It's the season for new stock-market price targets, and Morgan Stanley joined the upper echelon of Wall Street targets for the S&P 500 with its new outlook released Wednesday.

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May 13, 2026, 4:07 AM EDT - 2 hours ago

Oil Demand to Contract Further as Hormuz Shock Deepens, Recovery Will Take Months

The energy watchdog now expects global oil demand to contract by 420,000 barrels a day this year, from its an 80,000-barrel-a-day decline projected previously.

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May 13, 2026, 4:06 AM EDT - 2 hours ago

Nissan posts narrow profit for full business year

Nissan booked a ​narrow operating profit ‌of 58.0 billion yen ($367.60 million) for the ​year ending March ​2026 on Wednesday, benefiting ⁠from a ​one-off boost tied to ​U.S. emissions regulations and...

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May 13, 2026, 4:04 AM EDT - 2 hours ago

Global oil supply to plunge below demand this year on Iran war, IEA says

Global oil supply will not meet total demand this year as ​the Iran war wreaks havoc on Middle East ‌oil production, the International Energy Agency said in its monthly oil market report on Wednesday.

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May 13, 2026, 4:00 AM EDT - 2 hours ago

Nvidia CEO Huang Is on Trump's Plane to China. The Trip Could Unlock Billions.

Nvidia stock could get a boost if President Donald Trump's summit leads to large-scale sales of chips to Chinese customers.

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May 13, 2026, 3:43 AM EDT - 2 hours ago

SoftBank's OpenAI bet sparks $46 billion Vision Fund profit surge

Japanese technology investor SoftBank Group posted a sharp rise in quarterly profit on Wednesday as surging gains from its investment in OpenAI boosted the performance of its Vision Fund business. The...

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May 13, 2026, 3:41 AM EDT - 2 hours ago

Nvidia's Jensen Huang joins Trump as tech dominates China trip

Invitation to be part of group including Elon Musk and Tim Cook highlights American AI and tech ambitions

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May 13, 2026, 3:39 AM EDT - 3 hours ago

Jamie Dimon warns JP Morgan may rethink new London office if 'very smart' Starmer is ousted as UK PM

Prime Minister Keir Starmer defied calls to quit on Tuesday, but pressure remains. JP Morgan announced late last year that it would build a new three-million square foot tower in London's Canary Wharf...

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May 13, 2026, 3:33 AM EDT - 3 hours ago

Tech rivalry, distrust sap summit hopes for Trump-Xi AI push

U.S. President Donald Trump will put artificial intelligence at the forefront of talks this week with Chinese leader Xi Jinping, a first that highlights ​the technology's strategic heft but substantiv...

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May 13, 2026, 3:30 AM EDT - 3 hours ago

Adecco says flexible jobs continue to outpace permanent roles

Hiring temporary staff remained more popular than permanent recruitment in the first quarter, tracking the trends seen in 2025, the chief of Adecco Group said on Wednesday.

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May 13, 2026, 3:30 AM EDT - 3 hours ago

Just One Dividend ETF Beat the S&P 500 in the Past Decade. It Comes with a Catch.

First Trust Rising Dividend Achievers has returned an annual 15.8% over the past 10 years. But don't look too closely at its dividend.

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May 13, 2026, 3:26 AM EDT - 3 hours ago

SoftBank More Than Quadruples Annual Profit on $44 Billion in OpenAI Gains

The Japanese technology investment company has issued debt, sold stakes in companies, and borrowed against its stake in Arm Holdings and other assets to fund bold AI investments.

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May 13, 2026, 3:06 AM EDT - 3 hours ago

Britain's Intertek set to accept EQT's $12.7-billion takeover bid

Britain's Intertek is likely to agree to ​a 9.4-billion-pound ($12.72-billion) takeover bid by Swedish ‌private equity firm EQT , the company said on Wednesday, after repeatedly rejecting earlier ​pro...

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May 13, 2026, 3:05 AM EDT - 3 hours ago

Vault Strategic Enteres Into Agreement To Acquire 100% Of Three Historical Tungsten Mines In Nevada, USA

Vancouver, British Columbia – May 13 th , 2026 – TheNewswire - Vault Strategic Mining Corp. (TSXV: KNOX) (OTC: KNXFF) (FSE: M850) ("Vault" or the "Company") is pleased to announce that it has entered ...

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May 13, 2026, 3:01 AM EDT - 3 hours ago

SK Innovation warns refining recovery to take time, beats Q1 profit estimates

SK Innovation , owner of ​South Korea's top refiner ‌SK Energy, said on Wednesday the normalisation of ​production and ​logistics of its refining business ⁠is expected ​to take time even ​if the Middl...

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May 13, 2026, 3:00 AM EDT - 3 hours ago

Allianz reports strong Q1 growth driven by asset management, India deal

Germany's Allianz on Wednesday reported a 52% rise in first-quarter net profit, supported by gains linked to the sale of stakes in its Indian joint ventures and strong performance in its property and ...

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May 13, 2026, 3:00 AM EDT - 3 hours ago

Silver Crown Royalties Reports First Quarter Results And Delivers Record Quarterly Revenues

TORONTO, ON, May 13, 2026 - TheNewswire – Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0) ( “Silver Crown” , “SCRi” , the “Corporation” , or the “Company”) is pleased to announce it...

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May 13, 2026, 2:57 AM EDT - 3 hours ago

Nebius stock analysis: what next for this CoreWeave rival after earnings?

Nebius stock will be in the spotlight today as the European technology giant publishes its financial results, which are expected to show robust revenue and backlog growth. NBIS was trading at $129 on ...

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May 13, 2026, 2:48 AM EDT - 3 hours ago

SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet

SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet

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May 13, 2026, 2:46 AM EDT - 3 hours ago

Siemens Q2 profit misses estimates as geopolitical pressures persist

Siemens AG reported weaker-than-expected second-quarter earnings on Wednesday. The German engineering group posted strong order growth and maintained its full-year outlook despite what it described as...

NBIS FLKR SPY SSO UPRO VOO UCO

May 13, 2026, 2:44 AM EDT - 3 hours ago

SoftBank records $12 billion fourth quarter profit

Technology ‌investor SoftBank Group ​recorded a ​net profit of ⁠1.9 ​trillion yen ($12.05 ​billion) in the January-March quarter, ​it ​said on Wednesday.

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May 13, 2026, 2:32 AM EDT - 4 hours ago

UK's Savills expects reduced transactions due to Middle East war

British property advisor Savills ‌said on Wednesday that it expects a fall ​and a delay in ​advisory transactions, weighed down ⁠by macroeconomic uncertainty arising ​from the Middle East ​conflict.

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May 13, 2026, 2:30 AM EDT - 4 hours ago

BP buys 40% stake in Uzbekistan oil and gas blocks

BP said ​on Wednesday ‌it has acquired ​a ​40% participating interest ⁠in a ​production ​sharing agreement covering six oil ​and ​gas exploration blocks ‌in ⁠the Ustyurt region of ​Uzbekistan, ​includ...

BP FLKR SPY SSO UPRO VOO UCO

May 13, 2026, 2:29 AM EDT - 4 hours ago

Gold and Silver Technical Analysis: $5,000 Breakout in Focus as XAGUSD Eyes $100

Gold remains supported by inflation pressure and geopolitical uncertainty, while silver shows stronger momentum as prices approach the key $90 to $100 breakout zone.

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May 13, 2026, 2:10 AM EDT - 4 hours ago

Volkswagen controlling families demand overhaul after dent to profit

Volkswagen's controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company's ongoing problems led to a drop in first-quarter prof...

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May 13, 2026, 2:09 AM EDT - 4 hours ago

Hapag-Lloyd Cautions on Higher Costs From Middle East Fallout

The shipping company maintained its guidance for the year ahead, but warned that the situation in the Middle East was increasing costs of fuel and through disruption to its regional liner network.

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May 13, 2026, 2:05 AM EDT - 4 hours ago

Spain pushes ahead with social media, AI rules despite Big Tech lobbying pressure

Spain will push ahead with new rules ‌to make social networks and AI safer despite intense lobbying from the tech industry, its digital transformation minister Oscar Lopez told Reuters.

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May 13, 2026, 2:01 AM EDT - 4 hours ago

Travel stocks under pressure as India signals push to curb overseas travel

Indian travel stocks came under pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, cut fuel consumption and defer gold jewellery purchases for a year, as t...

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May 13, 2026, 2:01 AM EDT - 4 hours ago

E.ON Confirms Guidance After Strong Start to Year

The electric utility's adjusted net profit— excluding exceptional and other one-off items—was 7% higher than in the same period a year prior.

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May 13, 2026, 1:59 AM EDT - 4 hours ago

Mercedes to sell seven Berlin dealerships to Canadian buyer

Mercedes-Benz has agreed to sell its seven ​Berlin dealerships to a ‌Canadian investor, as part of efforts to sell off businesses ​in its dealership network, ​the German carmaker said late ⁠on Tuesday...

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May 13, 2026, 1:57 AM EDT - 4 hours ago

Duolingo's CEO says AI misses what his best designers nail

Duolingo's CEO said AI can't achieve the "level of creativity or the polish" that his top designers can. Luis von Ahn said he won't lower the quality of his team's work by pushing them to use AI unnec...

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May 13, 2026, 1:55 AM EDT - 4 hours ago

Trump Says Nvidia CEO Jensen Huang Is Flying With Him To China—Refuting Reports Of His Exclusion

In an interview with the U.S. think tank Special Competitive Studies Project late last month, Huang was asked about Washington's curbs on the sale of Nvidia's most advanced chips to China.

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May 13, 2026, 1:49 AM EDT - 4 hours ago

Siemens Launches New $7 Billion Share Buyback Program

The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.

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May 13, 2026, 1:47 AM EDT - 4 hours ago

Deutsche Telekom Lifts Full-Year Guidance

The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.

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May 13, 2026, 1:42 AM EDT - 4 hours ago

India Raises Gold, Silver Tariffs to Curb Imports

India has hiked tariffs on gold and silver imports, days after Prime Minister Narendra Modi warned that the Middle East crisis was pressuring the country's foreign-exchange reserves.

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May 13, 2026, 1:38 AM EDT - 5 hours ago

Allianz Profit Rises on Robust Property-Casualty Results

Europe's largest insurer by market capitalization booked €3.69 billion in net profit attributable to shareholders in the first quarter.

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May 13, 2026, 1:18 AM EDT - 5 hours ago

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says

Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, ​in about two weeks, a person ​with direct knowledge of the matter said.

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May 13, 2026, 1:13 AM EDT - 5 hours ago

E.ON posts slight increase in first-quarter core earnings, keeps outlook

Europe's largest energy network operator E.ON posted a 2% rise in core ​profit in the first quarter, it said ‌on Wednesday, partly driven by its business with industrial customers in its home-market G...

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May 13, 2026, 1:02 AM EDT - 5 hours ago

KKR doubles down on the Gulf despite Middle East war

Speaking to CNBC in Abu Dhabi, Tara Davies, Co‑Head of KKR EMEA said short‑term volatility has not altered the firm's commitment to the Middle East, where the firm has operated for 17 years and inked ...

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May 13, 2026, 12:58 AM EDT - 5 hours ago

Read the memo: Walmart cuts or reorganizes 1,000 jobs

Walmart is cutting or relocating 1,000 corporate jobs to address redundancies. A person familiar with the restructuring said it was not driven by AI automation.

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May 13, 2026, 12:38 AM EDT - 6 hours ago

Veon lifts 2026 forecasts as digital revenue jumps 58% in first quarter

Dubai-based telecoms group Veon on Wednesday raised its 2026 revenue growth forecast ​to between 11% and 14% in ‌U.S. dollar terms, up from a previous range of 9% to 12%, after it ​reported a 17% jump...

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May 13, 2026, 12:23 AM EDT - 6 hours ago

Samsung Management, Union Fail to Reach Deal to Avoid Strike

Samsung Electronics' talks with its labor union failed to reach an agreement over how the company's massive profits are distributed, raising the likelihood of a strike next week.

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May 13, 2026, 12:11 AM EDT - 6 hours ago

Nvidia CEO joins Trump's mission to 'open up' China

U.S. President Donald Trump picked up Nvidia CEO Jensen Huang in Alaska en route to a high-stakes Beijing summit with China's Xi Jinping, ​while his top trade negotiator Scott Bessent began preparator...

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May 13, 2026, 12:09 AM EDT - 6 hours ago

Japan's megabanks set to access Anthropic's Mythos as soon as this month, Nikkei says

Japan's three largest banks are set to acquire access to ​Mythos, the artificial intelligence model developed ‌by Anthropic, as soon as the end of May, the Nikkei business daily reported on Wednesday.

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May 13, 2026, 12:03 AM EDT - 6 hours ago

Singapore needs to attract AI giants, expand energy hub status, growth committee says

Singapore must take action to attract leading AI firms and also build on its status as ​a major energy hub, a committee set up ‌to chart new areas of growth and create jobs said in recommendations sub...

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May 12, 2026, 11:56 PM EDT - 6 hours ago

JPMorgan to reshuffle investment bank chiefs on wider overhaul, FT reports

JPMorgan Chase is set to ​reshuffle senior roles ‌in its investment bank as part of ​a wider reorganization, ​the Financial Times reported ⁠on Tuesday, ​citing people familiar with ​the matter.

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May 12, 2026, 11:54 PM EDT - 6 hours ago

What wiped $66 billion off Samsung's market value in hours?

Samsung Electronics was expected to benefit from the AI boom, but is now facing a growing labor dispute. The world's biggest memory-chip maker found itself at the center of a sharp investor selloff on...

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May 12, 2026, 11:32 PM EDT - 7 hours ago

Commonwealth Bank shares slump on tax changes, provisions; Australian lenders fall

Shares of Australia's largest ​mortgage lender, Commonwealth Bank of Australia (CBA) , dropped 9% on Wednesday after it set aside A$200 million more ‌in provisions to prepare for risks linked to the M...

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May 12, 2026, 11:08 PM EDT - 7 hours ago

Nvidia C.E.O. Jensen Huang Hitches Ride With Trump to China After Last-Minute Invite

Jensen Huang boarded Air Force One in Alaska, joining a delegation of more than a dozen business leaders accompanying President Trump on his trip to Beijing.

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May 12, 2026, 11:00 PM EDT - 7 hours ago

Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears

Samsung shares swung after failed wage talks sparked strike fears. More than 41,000 workers planned an 18-day walkout over bonuses.

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May 12, 2026, 9:49 PM EDT - 8 hours ago

Nvidia says CEO Jensen Huang is joining Trump's China trip

Nvidia confirmed to CNBC that CEO Jensen Huang will visit China this week. Huang was invited by U.S. President Donald Trump, the company said.

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May 12, 2026, 9:00 PM EDT - 9 hours ago

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments ​around the fragile ceasefire in the Iran war and U.S. President Donald Trump headed to China...

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May 12, 2026, 8:52 PM EDT - 9 hours ago

Affirm Targets Card Networks With Broader Payments Push

As buy now, pay later (BNPL) firms compete to move beyond checkout financing, Affirm used its investor forum Tuesday (May 12)  to argue that growth and share of spend across consumer payments will be ...

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May 12, 2026, 8:49 PM EDT - 9 hours ago

Oil Slips on Likely Technical Correction

Oil prices fell in early Asian trade, on a possible technical correction after settling higher on Tuesday.

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May 12, 2026, 8:42 PM EDT - 9 hours ago

Gold Edges Higher After U.S. Inflation Surged in April

Gold edged higher in early trade after U.S. consumer prices gained in April.

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May 12, 2026, 8:35 PM EDT - 10 hours ago

KKR-backed ambulance giant GMR raises $478.7 million in US IPO

Emergency medical ​services ‌provider GMR ​Solutions ​has raised $478.7 million ⁠in ​its ​U.S. initial public ​offering, ​the company said ‌on ⁠Tuesday.

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May 12, 2026, 8:26 PM EDT - 10 hours ago

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday it ​regretted the collapse of pay ‌deal talks with its South Korean union, flagging concerns ​that it could ​heighten anxiety among employees, shareholders ⁠and t...

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May 12, 2026, 8:07 PM EDT - 10 hours ago

OpenAI CEO Sam Altman's stake in Helion Energy draws scrutiny in Musk trial and on Capitol Hill

Sam Altman faced pointed questions about his financial ties to the Everett, Wash.

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May 12, 2026, 8:07 PM EDT - 10 hours ago

Anthropic Scales Legal AI as Lawyers Become Cowork's Top Users

Anthropic has added several new tools to Claude for the legal industry. These include more than 20 Model Context Protocol (MCP) connectors that link Claude to legal industry software, and 12 plugins f...

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May 12, 2026, 8:00 PM EDT - 10 hours ago

Eva Ados on Why SpaceX Will be Next Mag 7 Stock & XOVR ETF's Exposure

Eva Ados of ER Shares explains how her firm's Private-Public Crossover ETF (XOVR) holds $320 million shares of SpaceX ahead of the company's highly anticipated IPO. She also believes the company will ...

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May 12, 2026, 8:00 PM EDT - 10 hours ago

Forty Pillars Mining Corp. Appoints New Director

Vancouver, B.C. – May 12, 2026 – TheNewswire ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or “Forty Pillars”) is pleased to announce that Shaun Saini has been appointed as a director of the...

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May 12, 2026, 7:52 PM EDT - 10 hours ago

Banks Slash Patch Times as Anthropic's Mythos Exposes Security Gaps

The few large banks that have access to Anthropic's Mythos are uncovering vulnerabilities in their IT systems and are sharing information with smaller banks that don't have access to the artificial in...

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May 12, 2026, 7:49 PM EDT - 10 hours ago

FedEx CEO responds to Amazon Supply Chain Services announcement

'Mad Money' host Jim Cramer sits down with FedEx President and CEO Raj Subramaniam at the company's World Hub in Memphis.

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May 12, 2026, 7:49 PM EDT - 10 hours ago

Coinbase and Morpho Unveil Solana-Backed Loans

Coinbase has added Solana (SOL) to its crypto-backed loans offering. “Holding SOL?

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May 12, 2026, 7:41 PM EDT - 10 hours ago

Fervo Energy raises $1.89 billion in US IPO

Geothermal ​energy developer ‌Fervo ​Energy said ​on Tuesday ⁠it has ​raised $1.89 ​billion in ​its ​upsized U.S. initial ‌public ⁠offering.

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