Marcin Frąckiewicz

IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal
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IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal

IREN shares fell $1.48 to $59.50 ahead of its fiscal Q3 results, due after Thursday’s close. Analysts expect a $213 million revenue and a loss of 18 cents per share, with Zacks noting IREN has missed consensus for four straight quarters. The report follows IREN’s $625 million all-stock deal to acquire Mirantis and the activation of its 1.4-gigawatt Texas data center.
May 7, 2026
Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni
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Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni

Berkshire Hathaway’s National Indemnity raised its voting stakes in Sumitomo and Marubeni above 10%, according to company notices. Sumitomo shares jumped 8.2% in Tokyo after the disclosure. Berkshire’s Class B shares also rose early in New York trading. The filings follow CEO Greg Abel’s remarks on maintaining patience with Berkshire’s large cash reserves.
May 7, 2026
Star Health’s Cheaper Insurance Bet Meets Claims Scrutiny as Payouts Jump
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Star Health’s Cheaper Insurance Bet Meets Claims Scrutiny as Payouts Jump

Star Health will launch two low-cost health insurance products for smaller Indian cities this fiscal year, aiming for Rs 24,000 crore in gross written premium by FY27. Claim payouts in Andhra Pradesh and Telangana rose 24% in FY26. The company reported Rs 911 crore profit after tax for FY26, with a combined ratio of 98.8%. A Kerala consumer panel faulted Star Health over a COVID-era claim denial.
May 7, 2026
Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream
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Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream

Binance will host a four-hour “Binance Online” event on May 13, featuring co-CEOs Yi He and Richard Teng, founder Changpeng Zhao, and executives from BlackRock, Ripple, and Solana. The program starts at 11:00 UTC on Binance Square. The event highlights Binance’s shift toward institutional finance, AI, and tokenization, and will offer $10,000 in crypto rewards to participants.
May 7, 2026
Kontron Stock Slides As Foxconn-Backed Ennoconn Edges Toward €1.5 Billion Takeover Move
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Kontron Stock Slides As Foxconn-Backed Ennoconn Edges Toward €1.5 Billion Takeover Move

Kontron shares fell Thursday after Ennoconn, its largest shareholder, signaled a possible mandatory takeover bid at €23.50 per share, just under 2% above Wednesday’s close. First-quarter revenue dropped 5.6% to €363.7 million, and net profit fell to €14 million. Kontron plans to cut 500 jobs in its Greentec division by August, targeting over €30 million in annual savings.
May 7, 2026
Sensex Rally Hits A Pause After 940-Point Surge As Oil Falls Below $100 On U.S.-Iran Deal Hopes
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Sensex Rally Hits A Pause After 940-Point Surge As Oil Falls Below $100 On U.S.-Iran Deal Hopes

The Sensex fell 114 points to 77,844.52 and the Nifty 50 slipped 4.30 points to 24,326.65 on Thursday, pausing after Wednesday’s oil-driven surge. Brent crude dropped below $100 a barrel as hopes rose for a U.S.-Iran agreement to ease tensions and energy prices. The rupee strengthened, and 11 of 16 sectoral indexes advanced, though PSU banks and IT stocks declined.
May 7, 2026
Anthropic’s 80-Fold Claude Boom Just Forced a SpaceX Deal, and OpenAI Gets an Opening
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Anthropic’s 80-Fold Claude Boom Just Forced a SpaceX Deal, and OpenAI Gets an Opening

Anthropic will use all available capacity at SpaceX’s Colossus 1 data center, adding over 220,000 Nvidia GPUs and 300 megawatts within a month, to address surging demand for its Claude AI models. The deal allows Anthropic to raise usage limits for customers and gives SpaceX a major AI client, while xAI continues on Colossus 2. Anthropic’s revenue and usage rose 80-fold year over year in Q1.
May 7, 2026
Kraken MoneyGram Partnership Opens Crypto-to-Cash Withdrawals in 100+ Countries as IPO Push Builds
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Kraken MoneyGram Partnership Opens Crypto-to-Cash Withdrawals in 100+ Countries as IPO Push Builds

Kraken and MoneyGram announced a global partnership allowing Kraken users to convert cryptocurrency to cash at MoneyGram locations in over 100 countries. The phased rollout will begin in the U.S., Europe, Latin America, Africa, and Asia Pacific. Kraken will manage onboarding and compliance; MoneyGram will handle money transmission. The move comes as U.S. lawmakers debate stablecoin rules under the CLARITY Act.
May 7, 2026
Jet Fuel Crisis Worse Than Covid for Airlines, AirAsia Chief Says, as 13,000 Flights Are Cut
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Jet Fuel Crisis Worse Than Covid for Airlines, AirAsia Chief Says, as 13,000 Flights Are Cut

Airlines cut 13,000 flights and nearly two million seats from May schedules as jet fuel prices surged after the Iran war, Cirium data showed. AirAsia CEO Tony Fernandes called the fuel shock “much worse” than Covid-19, citing costs tripling. Lufthansa, Turkish Airlines, and Spirit Airlines have reduced operations. Governments are easing airline rules and considering aid as costs rise.
May 7, 2026
Live Nation’s Ticket Boom Runs Into A $450 Million Ticketmaster Legal Hit
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Live Nation’s Ticket Boom Runs Into A $450 Million Ticketmaster Legal Hit

Thameslink will suspend all trains between Bedford and Mill Hill Broadway on May 9-10 for engineering work. East Midlands Railway services to London St Pancras will terminate at Bedford. The closure follows a radio-system fault that disrupted southern England rail operators on Thursday. Replacement buses and altered train routes are planned for affected passengers.
May 7, 2026
Nintendo Just Brought Back Star Fox for Switch 2 — And the June 25 Launch Is the Point
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Nintendo Just Brought Back Star Fox for Switch 2 — And the June 25 Launch Is the Point

Nintendo will launch Star Fox for Nintendo Switch 2 on June 25, reviving the series with updated visuals, new cutscenes, mouse controls, and online 4-vs-4 play. The game is based on Star Fox 64 but adds fully voiced dialogue and orchestral music. This marks the first new Star Fox title in about a decade. Nintendo announced the release following a surprise Direct presentation.
May 7, 2026
Qatar Airways’ Uzbek Hiring Push: Why a 1,600-Specialist Plan Matters Now
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Qatar Airways’ Uzbek Hiring Push: Why a 1,600-Specialist Plan Matters Now

Qatar Airways will recruit 65 workers from Uzbekistan in May and June for roles including flight attendants and engineers, Uzbek state media said. The airline may later hire up to 1,600 Uzbek specialists as it rebuilds its network after cutting U.S. flights by 49% for Q2 2026. A labor forum with over 50 Qatari employers is planned in Tashkent in September. Details on pay, visas, and training remain unclear.
May 7, 2026
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