Marcin Frąckiewicz

HSBC Shares Tumble After Surprise $400 Million Private Credit Hit
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HSBC Shares Tumble After Surprise $400 Million Private Credit Hit

HSBC shares dropped 5.9% in London after the bank reported a $400 million loss tied to a fraud case involving loans to Apollo-backed Atlas SP and collapsed lender Market Financial Solutions. The loss made HSBC a major drag on the FTSE 100. Regulators are scrutinizing banks’ exposure to the $3.5 trillion private credit sector. HSBC raised its 2026 net interest income guidance but increased its expected credit loss forecast.
May 5, 2026
UK Stock Market Today: FTSE 100 Suffers Worst Day Since March as HSBC Shock Knocks Banks
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UK Stock Market Today: FTSE 100 Suffers Worst Day Since March as HSBC Shock Knocks Banks

The FTSE 100 fell 1.4% to 10,219.1 on Tuesday, its steepest drop since March, after HSBC posted a surprise $400 million loss tied to private credit exposure. Thirty-year gilt yields hit their highest since 1998 as energy prices and political uncertainty pushed borrowing costs higher. HSBC shares slid 5.9%, with other major UK banks also losing ground. Brent crude fell 3% but remained near $111 a barrel.
May 5, 2026
Carnival plc’s London Exit Hits Today as Cruise Giant Moves to One NYSE Stock
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Carnival plc’s London Exit Hits Today as Cruise Giant Moves to One NYSE Stock

Carnival plc shares entered their final hours of London trading Tuesday as the company moves to a single New York-listed stock, following UK court approval on May 1. The London line will be disabled in CREST at 6 p.m., with trading suspended May 6 and cancelled May 7. Carnival shareholders approved the unification and redomiciliation to Bermuda last month. FTSE Russell will remove Carnival from major UK indexes starting May 6.
May 5, 2026
South Africa Diesel Price Error Cuts May Hike, But R30 Fuel Shock Remains
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South Africa Diesel Price Error Cuts May Hike, But R30 Fuel Shock Remains

South Africa’s Central Energy Fund corrected a diesel pricing error Tuesday, reducing May’s wholesale diesel increase to R5.27 a litre from R6.19. Wholesale diesel still rises above R30 a litre from Wednesday, with petrol up 327 cents and a slate levy adding 122.70 cents a litre. The fuel hike follows Brent crude averaging $101 a barrel amid supply disruptions. Economists warned of rapid inflationary effects.
May 5, 2026
Utah’s VPN Age-Check Law Starts Wednesday, And Websites Face A Hard Choice
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Utah’s VPN Age-Check Law Starts Wednesday, And Websites Face A Hard Choice

Utah’s new online age-verification law takes effect Wednesday, requiring adult-content sites to verify users’ ages even if they use VPNs to mask their location. Covered sites face fines up to $2,500 per violation and are barred from encouraging VPN use to bypass checks. Privacy advocates warn the law could force sites to block VPN traffic or expand age checks. NordVPN says full compliance is technically impossible.
May 5, 2026
PS Plus May 2026 Games Are Live Today: EA Sports FC 26 Leads Sony’s New Essential Drop
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PS Plus May 2026 Games Are Live Today: EA Sports FC 26 Leads Sony’s New Essential Drop

Sony’s May PlayStation Plus Essential games, including EA Sports FC 26, Wuchang: Fallen Feathers, and Nine Sols, are now available for subscribers following a midday update, according to GamePro. EA Sports FC 26 arrives near the end of the European football season and during EA’s Team of the Season event. Wuchang is PS5-only, while Nine Sols is offered on both PS5 and PS4. April’s titles have rotated out.
May 5, 2026
Apple’s iPhone 18 Pro Price Leak Has One Big Catch for Android Rivals
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Apple’s iPhone 18 Pro Price Leak Has One Big Catch for Android Rivals

Apple may keep the iPhone 18 Pro and Pro Max starting prices at $1,099 and $1,199 in the U.S., despite rising memory chip costs, according to a Jeff Pu note cited by 9to5Mac. Reports suggest Apple could raise prices for higher-capacity models and add a 2TB Pro Max option using QLC flash memory. Dummy units indicate the iPhone 18 Pro Max camera area may be thicker than the current model.
May 5, 2026
Amazon Opens Its Logistics Machine To Everyone, And UPS And FedEx Feel The Hit
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Amazon Opens Its Logistics Machine To Everyone, And UPS And FedEx Feel The Hit

Amazon opened its logistics network to outside businesses, launching Amazon Supply Chain Services for freight, storage, fulfillment, and parcel shipping. UPS and FedEx shares fell sharply, with UPS closing down 10.47% Monday, as investors saw Amazon as a new competitor. By Tuesday morning, both stocks had rebounded about 1%. Early clients include Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters.
May 5, 2026
Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot
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Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot

Palantir shares dropped 5.46% to $138.06 Tuesday after U.S. commercial revenue missed estimates, despite first-quarter results beating forecasts. Revenue rose 85% to $1.63 billion, with net income at $870.5 million. U.S. commercial sales reached $595 million, below the $602 million estimate, while U.S. government revenue climbed to $687 million. Palantir raised its 2026 revenue outlook to as high as $7.662 billion.
May 5, 2026
Why Intel Stock Is Hitting A Record High As Apple Chip Talks Lift INTC
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Why Intel Stock Is Hitting A Record High As Apple Chip Talks Lift INTC

Intel shares surged nearly 14% Tuesday, hitting a record $110.43, after reports Apple held talks to use Intel’s U.S. factories for main processors. Trading volume topped 92 million shares. Reuters said discussions with Apple and Samsung remain exploratory, with no orders placed. Intel’s Data Center and AI revenue rose 22% to $5.1 billion last quarter, but its foundry unit posted a $2.4 billion loss.
May 5, 2026
CSG Stock Selloff: Hunterbrook Short Report Puts Europe’s Biggest Defence IPO Under Pressure
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CSG Stock Selloff: Hunterbrook Short Report Puts Europe’s Biggest Defence IPO Under Pressure

Czechoslovak Group shares fell 13.1% Monday after a short-seller report questioned its ammunition production claims, triggering the worst drop since its January Amsterdam IPO. CSG rejected the allegations, stating its 2025 own-production capacity is about 630,000 rounds and that the report misunderstood its distributed manufacturing network. Hunterbrook Media, holding a short position, alleged CSG relies more on recommissioning than disclosed.
May 5, 2026
Dow’s 557-Point Drop Leaves Japan Watching Nikkei Futures as AI Chip Rally Faces Test
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Dow’s 557-Point Drop Leaves Japan Watching Nikkei Futures as AI Chip Rally Faces Test

The Dow opened 95 points higher Tuesday after a sharp selloff tied to Middle East tensions and AI chip trade doubts. Japan’s cash stock market remains closed for Golden Week, shifting focus to Nikkei 225 futures, which stood at 59,550 yen early Tuesday. Oil prices eased after a spike caused by an explosion on a South Korean ship in the Strait of Hormuz. U.S. chipmaker AMD is set to report earnings later Tuesday.
May 5, 2026
Gold Price Forecast: $8,000 Scenario Returns as Central Banks Keep Buying
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Gold Price Forecast: $8,000 Scenario Returns as Central Banks Keep Buying

Gold rebounded 1% to $4,566.79 an ounce Tuesday after hitting a one-month low, with spot prices still well below January’s record. World Gold Council data showed first-quarter demand by value hit a record $193 billion, despite a 23% drop in jewellery buying. Investors and central banks increased bar and coin purchases as jewellery demand weakened, with bar and coin demand up 42% to 474 tonnes.
May 5, 2026
Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test
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Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test

Micron Technology shares jumped over 9% early Tuesday to $629.21, lifting its market value near $718.6 billion. The company announced shipments of a 245TB solid-state drive, claiming the highest commercial capacity. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier, and forecast Q3 revenue of $33.5 billion. Analyst Gil Luria set a $1,000 price target, citing AI-driven demand.
May 5, 2026
Coinbase Layoffs: 700 Jobs Cut as Brian Armstrong Bets on AI in Crypto Slowdown
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Coinbase Layoffs: 700 Jobs Cut as Brian Armstrong Bets on AI in Crypto Slowdown

Coinbase Global will cut about 700 jobs, or 14% of its workforce, as part of a restructuring aimed at reducing costs and adapting to artificial intelligence. The company expects $50–$60 million in charges, mostly for severance, with the plan largely done by the end of Q2. Shares rose 0.5% after the announcement. CEO Brian Armstrong cited slower trading and increased AI use as key factors.
May 5, 2026
Hochtief Stock Tops €500 as AI Data-Center Boom Sends Shares Past Analyst Targets
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Hochtief Stock Tops €500 as AI Data-Center Boom Sends Shares Past Analyst Targets

Hochtief shares jumped 13.1% to €517 on Tuesday, surpassing analyst targets and leading the MDAX after hitting €523 intraday. Investors are betting on Hochtief’s role in building AI data centers, with the company reporting €16.8 billion in new tech orders for 2025 and forecasting up to €1.025 billion operational net profit for 2026. Jefferies raised its price target to €480 but kept a “Hold” rating. Quarterly results are due May 11.
May 5, 2026
XRP ETF Hype Meets a Reality Check as Inflows Break Near $1.40
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XRP ETF Hype Meets a Reality Check as Inflows Break Near $1.40

U.S. spot XRP ETFs saw a $35,210 outflow last week, ending three weeks of inflows totaling $82.88 million, according to SoSoValue data. XRP traded near $1.41 Tuesday with a market cap of $87.27 billion, ranking fourth among cryptocurrencies. Rakuten Wallet launched Android support for XRP on April 30. Standard Chartered cut its 2026 XRP price target to $2.80, citing weaker market conditions.
May 5, 2026
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