Marcin Frąckiewicz

UK Stock Market Today: FTSE 100 Slides as Shell, BP and BAE Drag London Lower
···

UK Stock Market Today: FTSE 100 Slides as Shell, BP and BAE Drag London Lower

London’s FTSE 100 fell 1.6% to 10,276.95 on Thursday, led lower by Shell, BP and BAE Systems as oil prices dropped and investors unwound gains. Shell slid 2.9% despite strong earnings and a dividend hike; BP lost 2.6% as Brent crude fell below $100. BAE Systems dropped 4.7%. The FTSE 250 rose 0.2%, helped by Helios Towers, which jumped 14.3% after raising its profit outlook.
May 7, 2026
Suncor’s C$2.1 Billion Profit Reveals Canada’s Jet-Fuel Opening
···

Suncor’s C$2.1 Billion Profit Reveals Canada’s Jet-Fuel Opening

Suncor Energy reported C$2.1 billion in first-quarter net earnings, driven by record refined product sales of 680,900 barrels a day and strong exports to markets including Puerto Rico and the Philippines. Net earnings rose from C$1.69 billion a year earlier. The company shipped 14 diesel cargoes from Vancouver in the quarter, up sharply from last year. Upstream production reached 875,200 barrels a day.
May 7, 2026
Bank of Nova Scotia Stock Hits 52-Week High: Why the BNS Rally Faces a Harder Test
···

Bank of Nova Scotia Stock Hits 52-Week High: Why the BNS Rally Faces a Harder Test

Bank of Nova Scotia’s U.S.-listed shares hit a 52-week high Thursday, trading up to $78.98 before closing near $78.48 on 1.68 million shares. The stock’s rally follows stronger-than-expected quarterly results, with adjusted net income of C$2.695 billion and EPS of C$2.05. Analysts remain mixed, with recent upgrades and downgrades, as the stock trades near fair value and at a premium to peers.
May 7, 2026
Google’s $99 Fitbit Air Takes Aim At Whoop As Fitbit App Gets Replaced
···

Google’s $99 Fitbit Air Takes Aim At Whoop As Fitbit App Gets Replaced

Google began U.S. pre-orders Thursday for the $99.99 Fitbit Air, a screenless fitness tracker arriving in stores May 26. The Fitbit app will rebrand as Google Health starting May 19, with expanded device support and medical record syncing. Google Health Coach, powered by Gemini AI, launches May 19 at $9.99 per month. A Stephen Curry edition Fitbit Air is also available for $129.99.
May 7, 2026
Disney Stock Rises as Josh D’Amaro’s First Earnings Report Beats Wall Street
···

Disney Stock Rises as Josh D’Amaro’s First Earnings Report Beats Wall Street

Disney shares rose 1.7% after reporting fiscal Q2 revenue of $25.17 billion, up 7% and above estimates. Streaming posted $582 million in operating income, up 88% year-over-year, and delivered its first double-digit margin. Parks revenue hit a record $9.49 billion despite a 1% drop in domestic attendance. New CEO Josh D’Amaro outlined a growth plan centered on streaming, ESPN, and theme parks.
May 7, 2026
IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal
···

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
···

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
···

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
···

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
···

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
···

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
···

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
···

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
1 … 19 20 21 22 23 … 177