News 11 May 2026

Vivo X300 Ultra Sale Begins May 14 As India’s Premium Camera-Phone Fight Gets Costly
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Vivo X300 Ultra Sale Begins May 14 As India’s Premium Camera-Phone Fight Gets Costly

Vivo will begin sales of its X300 Ultra and X300 FE smartphones in India on May 14, with prices starting at INR 1,59,999 and INR 79,999, respectively. The launch comes as India’s smartphone shipments fell 3–5% in the first quarter, according to Omdia and Counterpoint. Vivo leads the market with a 20% share. The X300 FE undercuts Xiaomi’s 17, which launched in March at INR 89,999.
May 11, 2026
United’s First UK Boeing 737 MAX Route Gives Glasgow Its New York Link Back
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United’s First UK Boeing 737 MAX Route Gives Glasgow Its New York Link Back

United Airlines resumed daily nonstop flights between Glasgow and Newark on May 9, restoring direct U.S. service to Glasgow for the first time since 2019. The route uses a Boeing 737 MAX 8 and runs seasonally through October 24. United is Glasgow’s only nonstop U.S. carrier and already operates several routes from Edinburgh. Glasgow Airport is seeking more U.S. links but no year-round service is confirmed.
May 11, 2026
Plug Power Stock Jumps Before Q1 Earnings as Cash-Burn Test Looms
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Plug Power Stock Jumps Before Q1 Earnings as Cash-Burn Test Looms

Plug Power shares rose 11% to $3.47 in late-morning U.S. trading Monday ahead of first-quarter results due after the close. Analysts expect a loss of 9.7 cents per share on $139.9 million in revenue. The rally comes as investors watch margins, cash use, and whether new CEO Jose Luis Crespo can keep the company’s 2026 profitability target. Bloom Energy shares also climbed 11%.
May 11, 2026
Nvidia Stock Split Watch: NVDA Hits A Record, But The Next Split Still Looks Out Of Reach
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Nvidia Stock Split Watch: NVDA Hits A Record, But The Next Split Still Looks Out Of Reach

Nvidia shares hit a record $222.10 Monday, lifting its market value to about $5.42 trillion and reviving speculation about another stock split. The company has not announced a new split since its 10-for-1 move in June 2024. Investors are now focused on Nvidia’s May 20 earnings call. Nvidia’s 2026 stock gain still trails Intel and AMD, according to Barron’s.
May 11, 2026
Algorithmiq Raises €18M and Moves HQ to Milan in Europe’s Quantum Software Race
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Algorithmiq Raises €18M and Moves HQ to Milan in Europe’s Quantum Software Race

Algorithmiq raised €18 million and moved its global headquarters from Helsinki to Milan, making it Italy’s largest venture capital investment in a quantum startup. The round, led by United Ventures and CDP Venture Capital, brings total funding to €36 million. The company recently won a $2 million Wellcome Leap prize for quantum work with Cleveland Clinic and IBM. Algorithmiq will keep significant operations in Finland.
May 11, 2026
Emirates’ Giant UAE Flag A380: Why the New Livery Matters Now
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Emirates’ Giant UAE Flag A380: Why the New Livery Matters Now

Emirates has unveiled a giant UAE flag livery on Airbus A380 A6-EVG as part of its “This Flag Will Always Fly” campaign. The aircraft has already flown to New York and Brisbane amid ongoing recovery from recent Gulf airspace disruptions. The move follows Emirates Group’s record annual profit of 24.4 billion dirhams ($6.6 billion). Emirates plans to extend the flag design to a Boeing 777.
May 11, 2026
AMD Stock Gets Wall Street Reset as AI Server Demand Rewrites the Chip Race
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AMD Stock Gets Wall Street Reset as AI Server Demand Rewrites the Chip Race

AMD shares slipped 0.5% to $452.73 Monday after Goldman Sachs and Bernstein upgraded the stock, citing strong first-quarter results and a bullish outlook for AI server demand. Morgan Stanley raised its price target but kept a neutral rating, highlighting ongoing doubts about AMD’s AI chip execution. First-quarter revenue rose 38% to $10.3 billion, with Data Center sales up 57%.
May 11, 2026
Intel’s Comeback Has a New Catalyst — But the Next Nvidia Talk Is Moving Faster Than the Facts
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Intel’s Comeback Has a New Catalyst — But the Next Nvidia Talk Is Moving Faster Than the Facts

Intel shares climbed to $128.07 in early U.S. trading Monday after reports that SK Hynix is testing Intel’s advanced chip-packaging technology. The move follows news of a preliminary Apple deal, raising hopes for Intel’s foundry business. Intel reported Q1 revenue of $13.6 billion, up 7% year-on-year. Neither SK Hynix nor Intel confirmed the packaging collaboration.
May 11, 2026
Hannover Re Stock Drops After 48% Profit Jump as Price Pressure Bites
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Hannover Re Stock Drops After 48% Profit Jump as Price Pressure Bites

Hannover Re shares fell 2.25% Monday despite a 48% rise in first-quarter net income to 710.6 million euros, as investors focused on a 6.4% drop in reinsurance revenue and weaker pricing in property-and-casualty renewals. Risk-adjusted prices fell 3.6% in April treaty renewals. The company confirmed its 2026 profit target and reported a Solvency II ratio of 254%. Analyst reactions were mixed.
May 11, 2026
Valve Steam Machine Leak Points To Four Bundles — But Price Is the Real Test
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Valve Steam Machine Leak Points To Four Bundles — But Price Is the Real Test

Four Steam Machine package IDs appeared in Steam’s internal database, fueling speculation about Valve’s new living-room PC, but the company has not confirmed pricing, preorders, or a release date. Valve recently imported about 50 tons of “Game Consoles” into the U.S., according to shipping data. Reports suggest possible models with different storage sizes and Steam Controller options. Valve has not commented on the leaked codes or shipment details.
May 11, 2026
Subaru Slashes Profit Outlook as EV Write-Down and Middle East Shipping Delays Bite
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Subaru Slashes Profit Outlook as EV Write-Down and Middle East Shipping Delays Bite

Subaru slashed its operating profit forecast for the year ended March 31 to 40 billion yen from 130 billion yen, citing U.S. weather disruption, Middle East shipping delays, and a battery-EV asset write-down. Shares closed down 1.63% in Tokyo, hitting a year-to-date low. Net profit is now expected at 90 billion yen, down 73% from last year. Revenue was also trimmed to 4.78 trillion yen.
May 11, 2026
Samsung One UI 8.5 Is Here: Galaxy S25 Gets AirDrop as One UI 9 Tests Surface
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Samsung One UI 8.5 Is Here: Galaxy S25 Gets AirDrop as One UI 9 Tests Surface

Samsung began rolling out One UI 8.5 to Galaxy devices in Korea on May 6, with Germany and the U.S. following. The update brings AirDrop-compatible Quick Share to older Galaxy phones, enabling wireless file sharing with Apple devices. Other features include updated photo editing, AI call screening, and new security measures. Early testing of One UI 9 has also started, according to separate reports.
May 11, 2026
Tata Motors April 2026 Sales: Punch, Nexon And EVs Turn India’s Auto Race
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Tata Motors April 2026 Sales: Punch, Nexon And EVs Turn India’s Auto Race

Tata Motors reported April domestic passenger-vehicle sales of 59,000 units, up 31% year-on-year, led by Punch and Nexon SUVs. India registered about 415,000 passenger vehicles in April, an 11.2% increase from last year, according to JATO Dynamics. Electric two-wheeler sales reached 148,740 units, with TVS Motor leading the segment. Maruti Suzuki remained the top automaker, followed by Tata and Mahindra.
May 11, 2026
Gold Price Today: Why Bullion Fell as Oil Spike, Rupee Slide Hit Indian Market
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Gold Price Today: Why Bullion Fell as Oil Spike, Rupee Slide Hit Indian Market

Gold fell 1% to $4,667.99 an ounce Monday as oil prices surged after stalled U.S.-Iran talks, pushing the rupee to a record low of 95.31 per dollar. Prime Minister Modi urged Indians to avoid gold purchases, triggering a 6–9% drop in jewellery stocks. Ahmedabad gold dropped ₹500 to ₹155,200 per 10 grams. June gold futures on MCX slid 0.3% to ₹152,068 per 10 grams.
May 11, 2026
U.S. Stock Futures Wobble as Oil Shock Hits Fed Cut Bets and Wall Street’s Record Rally
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U.S. Stock Futures Wobble as Oil Shock Hits Fed Cut Bets and Wall Street’s Record Rally

U.S. stock-index futures were flat early Monday as oil prices surged, following President Trump’s rejection of Iran’s response to a U.S. peace proposal. Brent crude rose 2.67% to $103.99 a barrel, and U.S. crude climbed 2.35%. Airline shares fell in premarket trading on higher fuel costs. Investors awaited Tuesday’s consumer price index after last week’s record stock rally.
May 11, 2026
Adani Power Overtakes NTPC After 50% Rally, Rewriting India’s Power Stock Race
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Adani Power Overtakes NTPC After 50% Rally, Rewriting India’s Power Stock Race

Adani Power’s market value rose to about ₹4.3 lakh crore, overtaking NTPC as India’s most valuable listed power company despite NTPC’s much larger installed capacity. Shares of Adani Power have surged nearly 50% this year, driven by strong earnings and higher contracted capacity. NTPC’s market cap stood at around ₹3.9 lakh crore. Adani Power reported a 64% jump in quarterly profit to ₹4,271 crore.
May 11, 2026
Petrol, Diesel Price Hike Alert: IOC, BPCL, HPCL Lose ₹1 Lakh Crore as Crude Shock Deepens
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Petrol, Diesel Price Hike Alert: IOC, BPCL, HPCL Lose ₹1 Lakh Crore as Crude Shock Deepens

India’s state fuel retailers have absorbed over ₹1 lakh crore in under-recoveries in 10 weeks as global crude prices surged, while pump rates stayed unchanged on May 11. Indian Oil, BPCL, and HPCL are losing up to ₹1,700 crore daily. Prime Minister Modi urged fuel conservation amid pressure on foreign reserves. The government has not announced a retail price hike.
May 11, 2026
Indian Railways Just Cleared ₹362 Crore For Kavach — Punjab And J&K Routes Are Next
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Indian Railways Just Cleared ₹362 Crore For Kavach — Punjab And J&K Routes Are Next

Indian Railways has approved a ₹362-crore expansion of the Kavach automatic train protection system over 1,478 route km in Punjab and Jammu and Kashmir. The project covers key sections in the Firozpur and Jammu divisions, including the Jalandhar City–Jammu Tawi–Katra and Banihal–Baramulla lines. Kavach is designed to automatically apply brakes in unsafe conditions and prevent collisions.
May 11, 2026
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Stock Market Today

  • Silver Mines Shares Surge 4.8% Amid ASX All Ords Decline
    May 25, 2026, 10:26 PM EDT. Silver Mines Ltd (ASX: SVL) shares rose 4.8% to 16.3 cents on Tuesday despite the All Ordinaries Index's 0.6% drop. The miner announced a $12.5 million land acquisition near its flagship Bowdens Silver Project in New South Wales, boosting its freehold land to 3,345 hectares. Managing Director Jo Battershill cited the purchase as a key step in advancing mining approvals, enhancing water security, biodiversity, and infrastructure flexibility. This acquisition underpins confidence in developing one of the world's largest undeveloped silver projects. Over 12 months, Silver Mines shares have surged 63.9%, outperforming the 3.2% ASX All Ords gain. The company plans to complete a Definitive Feasibility Study on the project by mid-year, signaling progress towards potential future growth.