News 8 May 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots

Stock Market Today: Live Updates 14.07.2026

LIVEMarkets rolling coverageStarted: July 14, 2026, 4:00 AM EDTUpdated: July 14, 2026, 11:46 PM EDT Lithium Plus Minerals (ASX:LPM) lifts Lei resource, bumps up Bynoe DSO case July 14, 2026, 11:44 PM EDT. Lithium Plus Minerals (ASX:LPM) lifted its Lei lithium resource 34% to 5.22Mt at 1.50% Li2O as of mid-2024, with 78,420 tonnes contained Li2O. The indicated portion now accounts for 55%, up 730%. The increase backs up the firm’s low-capex DSO plan for its Bynoe project, with a scoping study targeted for early Q4 2026. Drilling has pulled mineralisation deeper and sharpened the model, with the company eyeing
July 14, 2026
S&P 500 Hits Record High as AI Stocks and Jobs Data Overpower Oil Fears
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S&P 500 Hits Record High as AI Stocks and Jobs Data Overpower Oil Fears

Friday saw U.S. stocks notch fresh record highs, with Nvidia, Micron Technology, and Sandisk driving the S&P 500 and Nasdaq higher after a jobs report calmed fears about labor market weakness. The S&P 500 climbed 0.84% to close at 7,398.93, while the Nasdaq jumped 1.71% to 26,247.08. The Dow Jones Industrial Average inched up just 0.02% to 49,609.16. Investors drove stocks up despite ongoing Iran war jitters rattling energy markets and the Federal Reserve holding off on rate cuts. Bloomberg noted the S&P 500 was on track for its sixth weekly gain, with artificial-intelligence stocks rebounding and hopes persisting that the U.S. economy can withstand the turmoil.
May 8, 2026
Commerzbank’s 3,000-Job Cut Bet Could Decide the UniCredit Takeover Fight
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Commerzbank’s 3,000-Job Cut Bet Could Decide the UniCredit Takeover Fight

Commerzbank plans to cut as many as 3,000 additional jobs and is lifting its profit guidance for 2026 and 2030, stepping up its resistance to UniCredit’s unsolicited takeover bid. The move comes just days after the Italian lender officially launched its offer to Commerzbank shareholders. UniCredit’s stake in Commerzbank sits just below 30%, a level that puts it close to crossing a crucial German takeover threshold. Berlin, meanwhile, continues to hold its own 12% in the lender, a bank that’s critical for providing financing to Germany’s Mittelstand—the country’s backbone of small and mid-sized manufacturers.
May 8, 2026
Elon Musk’s SpaceX Is Now Powering Claude After Anthropic’s 80-Fold AI Surge
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Elon Musk’s SpaceX Is Now Powering Claude After Anthropic’s 80-Fold AI Surge

Anthropic is tapping SpaceX for a major AI hardware boost, locking up the entire Colossus 1 data center in Memphis as it hunts for more capacity. The Claude developer is aiming to relieve usage caps that have irked its paying customers and developers. The urgency around the deal stems from runaway demand for Claude—Anthropic’s Claude Code programming tool in particular. Chief Executive Dario Amodei said they’d braced for 10x expansion, but the first quarter blew past that, with revenue and usage rocketing up 80-fold annualized. Amodei described the spike as “just crazy” and “too hard to handle.”
May 8, 2026
Palantir’s AI Sales Surge, But the Stock’s Bigger Test Is Still Ahead
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Palantir’s AI Sales Surge, But the Stock’s Bigger Test Is Still Ahead

Palantir Technologies stock barely budged late Friday, capping a turbulent week. Investors are still trying to square the company’s strongest quarterly growth numbers with lingering questions about whether the AI rally is baked into the share price. At $137.46, the stock edged up for the day, pushing Palantir’s market cap past $350 billion. Why does the debate matter? Palantir stands out as a public company showing whether operational AI—tools that drive decision-making for business and government, not just text bots—can actually turn into lasting profit. On Monday, Palantir bumped up its full-year revenue outlook after posting a first-quarter sales increase ahead of what analysts had penciled in.
May 8, 2026
Apple Mother’s Day Sale Joins Flipkart and Amazon Rush: iPhone, MacBook Discounts to Watch
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Apple Mother’s Day Sale Joins Flipkart and Amazon Rush: iPhone, MacBook Discounts to Watch

Apple has joined India’s May gadget discount race with Mother’s Day cashback of up to ₹10,000 on selected products, landing just as Amazon’s Great Summer Sale is live and Flipkart’s Sasa Lele event moves into general access. The direct Apple offer, marketplace sales and bank-funded discounts are now overlapping in one of the first large electronics discount windows before the monsoon quarter. The timing matters because India’s smartphone market is under pressure. CyberMedia Research said shipments, the industry term for phones sent into the market, may fall 10%-12% in 2026 as DRAM and NAND memory chips become costlier and push up device prices. The premium end is holding up better, but the affordable segment has been hit hard.
May 8, 2026
Discord Down Today: API Errors Hit Logins and Messages as Users Report Outage
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Discord Down Today: API Errors Hit Logins and Messages as Users Report Outage

Discord on Friday acknowledged a spike in API errors disrupting user sessions, logins, and messaging, with some left unable to connect. The company’s status page kept the incident marked as unresolved, noting the disruption was affecting portions of the service. This disruption isn’t limited to gamers using voice chat. Discord serves as the real-time communications backbone for communities, where servers, DMs, bots, and voice channels help people coordinate all day long. If the API goes down, the app still opens, but critical functions just stop working.
May 8, 2026
Intertek Rejects EQT’s $12 Billion Takeover Bid—Now the Clock Is Ticking
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Intertek Rejects EQT’s $12 Billion Takeover Bid—Now the Clock Is Ticking

Intertek Group plc has turned away EQT’s latest buyout bid, the third so far, declining a £58-a-share cash offer that put the British testing and inspection firm’s value near £8.93 billion. Management at the FTSE 100-listed business argued the proposal not only undervalued Intertek but also brought execution risk, pointing out the terms were still conditional. This comes to a head now as the disagreement shifts out into the open, with the UK’s strict takeover clock ticking down. EQT has until 5 p.m. London time on May 14 to make a binding bid or step aside, thanks to the UK Takeover Code’s so-called “put up or shut up” provision, which compels a bidder to show its cards.
May 8, 2026
Polestar Q1 Loss Blowout: Record EV Sales Still Leave $383 Million Hole
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Polestar Q1 Loss Blowout: Record EV Sales Still Leave $383 Million Hole

Polestar kicked off the year with record first-quarter deliveries, but that momentum wasn’t enough to offset mounting headwinds. The Swedish EV maker’s net loss ballooned to $383 million—more than double the $166 million loss from the same period last year—while revenue inched up just 0.2% to $633 million. Price cuts and tariffs continue to batter margins. Numbers are coming into sharper focus as Polestar works to show it can expand without burning cash so quickly. The company’s cash reserves slid to $676 million by the end of March, down from $1.16 billion at December’s close—a steep decline for a business still paying for model launches and wider distribution.
May 8, 2026
KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus
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KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus

S.B. Pandit, the founder and chairman of KPIT Technologies, passed away Friday morning in Pune, according to a filing with the BSE and NSE signed by CFO Priyamvada Hardikar. The automotive software company, headquartered in Pune, called his death a deep loss, describing Pandit as the driving force behind KPIT’s rise to prominence in India’s mobility software sector. The timing is key here. KPIT is working to shore up investor sentiment after posting disappointing profits, even as its deal pipeline gained momentum. For Q4FY26, revenue came in around $185 million, with rupee revenue up 12.0% year-on-year. Fresh contracts totaled $349 million—two of those counted as major strategic wins.
May 8, 2026
National Grid’s New 2026 Grid Map Puts £70 Billion Upgrade Plan Under Fresh Investor Pressure
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National Grid’s New 2026 Grid Map Puts £70 Billion Upgrade Plan Under Fresh Investor Pressure

National Grid’s Distribution System Operator rolled out its 2026 Network Development Plan, laying out which sections of the electricity distribution network could require upgrades in the coming ten years—a move aimed at giving local authorities, developers and flexibility providers better visibility. The timing lands just ahead of National Grid plc’s full-year results, due next week, as investors assess the price tag on expanding the grid at scale. The timing is crucial. Britain’s power networks are about to enter RIIO-3, a five-year price-control stretch dictating what monopoly operators can earn or invest from April 2026 through March 2031. Ofgem spells out the acronym as “Revenues = Incentives + Innovation + Outputs”; in short, this is the framework that decides who pays
May 8, 2026
Apple-Intel Chip Deal Could Break TSMC Grip As Intel Stock Surges
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Apple-Intel Chip Deal Could Break TSMC Grip As Intel Stock Surges

Intel has struck a tentative agreement to produce chips for Apple, according to the Wall Street Journal, signaling a possible win for the U.S. chip giant’s efforts to revive its contract manufacturing arm. No word yet on which Apple devices might end up with Intel-manufactured components. Timing is key here. Apple wants to loosen its reliance on Taiwan Semiconductor Manufacturing Co., searching for more flexibility in its supply chain. Intel, on the other hand, is in need of a major external client to show its foundry business—those plants producing chips for third parties—can really play in the top league.
May 8, 2026
Australia Stock Market Today: ASX’s $50 Billion Wipeout Hits Banks as Oil Risk Returns
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Australia Stock Market Today: ASX’s $50 Billion Wipeout Hits Banks as Oil Risk Returns

Australian stocks posted their steepest daily drop in nearly two months on Friday. The S&P/ASX 200 slid 133.7 points, or 1.51%, closing at 8,744.4, as fresh U.S.-Iran clashes wiped out Thursday’s brief gains. Financial shares were hit hard, down 2.25%. Heavyweights Westpac, National Australia Bank, Commonwealth Bank, and ANZ all declined. The All Ordinaries shed 1.39%. The drop grabbed attention since it was widespread, driven by oil rather than just one disappointing report. ABC tallied losses close to $50 billion. AMP’s Shane Oliver flagged that if the Strait of Hormuz stays shut for longer, both the global and Australian economies could take a bigger hit. Rising fuel prices risk bleeding into everything from freight to packaging to what households pay
May 8, 2026
UK Stock Market Today: FTSE 100 Slides Again as Gulf Flare-Up and Election Losses Hit London Shares
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UK Stock Market Today: FTSE 100 Slides Again as Gulf Flare-Up and Election Losses Hit London Shares

London’s FTSE 100 slid 0.4% to finish at 10,233.07 on Friday, notching a third straight weekly drop as renewed Gulf tensions rattled sentiment. Adding to the pressure, initial UK local election returns brought fresh political uncertainty. The FTSE 250 also struggled, down 0.2%. This shift jolted markets, which had barely begun to factor in potential calm from possible U.S.-Iran ceasefire talks. Oil surged past $100 a barrel again, sterling held onto gains, and Labour’s bruising local-election losses left Prime Minister Keir Starmer grappling with a more tangled political scene in the UK.
May 8, 2026
Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines
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Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines

Rolls-Royce Holdings plc is set to kick off field tests on a hybrid drive setup for mining haul trucks starting autumn 2026, a move that edges its Power Systems division further into industrial power with lower emissions. Investors have been tracking whether growth away from civil aerospace can keep up the stock’s strong stretch in recent years. The system, which integrates mtu Series 4000 engines and an electric drivetrain, has the potential to trim both fuel consumption and carbon dioxide emissions by up to 30%, though actual performance will depend on how mines are laid out and run, according to the company. The timing’s key here. Rolls-Royce wants to prove its turnaround isn’t limited to the widebody aircraft engine business—where
May 8, 2026
Alphabet’s AI Boom Puts Nvidia’s $5 Trillion Market-Cap Crown In Play
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Alphabet’s AI Boom Puts Nvidia’s $5 Trillion Market-Cap Crown In Play

Nvidia stayed on top as the most valuable public company in midday trading Friday, with shares up 2.3% at $216.45 for a market cap around $5.30 trillion. Alphabet’s Class A shares edged up 0.2% to $398.85, putting its value at about $4.83 trillion—roughly $467 billion behind Nvidia, but keeping the Google parent firmly in Wall Street’s AI spotlight as it chases the $5 trillion mark. This contest holds weight: investors have moved past seeing artificial intelligence as just a chip-supply narrative. Alphabet is pushing to prove AI’s value across search, cloud software, and company productivity tools. Nvidia, still the benchmark for the hardware spend that fueled the boom, hasn’t lost its grip.
May 8, 2026
Brookfield Infrastructure’s Nearly 5% Yield Triggers a New Fight Over AI Growth and Valuation
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Brookfield Infrastructure’s Nearly 5% Yield Triggers a New Fight Over AI Growth and Valuation

Brookfield Infrastructure Partners’ yield, sitting just under 5%, is suddenly the flashpoint for a new round of valuation arguments. Investors are eyeing quicker cash-flow gains tied to AI data assets, but there’s the first-quarter loss—and the stock now doesn’t look cheap to all the income-focused crowd. This comes up now as Brookfield pitches investors on a tricky combo: promising a bond-like stream of payouts, plus a growth narrative tied to data centers, rising energy needs, and asset recycling. That story's a tougher sell these days, with top-tier utilities and infrastructure rivals also vying for income-focused money.
May 8, 2026
Nvidia Stock Climbs Again as AI Factory Deals Put the Chip Rally Back in Play
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Nvidia Stock Climbs Again as AI Factory Deals Put the Chip Rally Back in Play

Nvidia climbed 1.9% to $215.46 early Friday, building on gains after new AI-infrastructure agreements with Corning and IREN. The chipmaker kicked off the session at $213.24 and reached as high as $217.75. According to Investing.com, Thursday’s advance was tied to the Corning deal and renewed optimism for chip stocks generally. This shift is drawing attention because investors now see Nvidia as something beyond just a GPU supplier—the chips driving the parallel computations at the core of AI. Corning steps in on the fiber and photonics side, handling the optical connections that shuffle data between thousands of chips in sprawling data centers. Nvidia CEO Jensen Huang called AI the “largest infrastructure buildout of our time.” Corning’s Wendell Weeks described it as
May 8, 2026
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