Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
VNET shares rallied sharply in afternoon trading after the company announced that two entities affiliated with Contemporary Amperex Technology Co.-linked investors agreed to buy up to 650 million Class A ordinary shares - roughly 38.1% of outstanding stock - at $1.4486 per share ($8.6914 per ADS). The transaction, subject to conditions and schedule…
Stifel downgraded Under Armour from Buy to Hold and reduced its price target to $6 from $9, citing a longer-than-expected recovery driven by rising SG&A, slowing revenue momentum, and a weaker financial profile. The firm cut FY27 and FY28 adjusted EPS estimates and pointed to disappointing Q4 FY26 results and cautious FY27 guidance from the company…
Two leading proxy advisory firms have advised shareholders of Exxon Mobil and Chevron to reject certain board proposals and officials ahead of the companies' May 27 annual meetings. Recommendations include opposing Exxon's plan to change its state of incorporation to Texas and urging governance changes at Chevron, while the oil majors have pushed b…
The Securities and Exchange Commission’s enforcement division, led by newly appointed director David Woodcock, is prioritizing stress in private credit portfolios and frauds that target retail investors. Speaking at the Managed Funds Association’s Legal & Compliance 2026 Conference in New York, Woodcock said the division will concentrate on cases t…
At its April meeting the Bank of Canada kept the policy rate at 2.25% while officials outlined a range of views on where interest rates may head next. In a summary of deliberations released Wednesday, policymakers said they saw unusually high uncertainty, discussed scenarios tied to potential U.S. tariffs and the Middle East conflict, and signaled …
ServiceNow is being penalized for 'AI risk' despite a credible path to monetize AI orchestration and strong cash generation. This trade targets a mid-term rebound as the market re-appreciates the Now Platform's role in governance, data fabric integration, and workflow automation.
The U.S. Senate voted 50-49 not to advance a Democratic-led war powers resolution that would require President Trump to obtain congressional authorization for the conflict with Iran. The measure, sponsored by Senator Jeff Merkley, drew support from nearly all Democrats and three Republicans, but was blocked by Senate Republicans for the seventh tim…
Mark Lagrand Burns, an Executive Vice President at General Dynamics Corp (NYSE: GD), has completed a series of significant stock transactions. Over the course of May 11 and May 12, 2026, Mr. Burns sold a total of $25.04 million in company common stock. These divestments were preceded by the exercise of stock options that allowed for the acquisition…
As President Trump prepares to meet President Xi, U.S. officials hope China will press Iran to reach a ceasefire with Washington. Beijing, however, faces a complex calculus - balancing the need to keep the Strait of Hormuz open and its oil imports flowing against preserving a strategic Middle East partner and protecting key economic levers such as …
Prime Minister Peter Magyar said his cabinet will temporarily suspend non-essential expenditures for about one to two weeks while the new government conducts a review of the state budget it inherited. He reiterated plans to secure an agreement with the European Union this month to free more than €10 billion in withheld funds, which he says could ad…
Short seller Culper Research announced a short position in Nvidia, alleging the chipmaker continues to generate a material portion of its fiscal 2026 compute revenues from China through diversion and intermediaries in Southeast Asia. The firm points to financial and trade records tying a major regional buyer, Megaspeed, to Alibaba-related funding, …
BP and the United Steelworkers said on Wednesday they will reconvene contract negotiations on Monday for employees at the Whiting, Indiana, refinery. About 800 workers have been locked out since March 19 after previous bargaining failed to yield a new agreement. BP reiterated its commitment to negotiating in good faith and outlined priorities for j…
U.S. intelligence indicates that Chinese commercial entities have been in discussions with Iranian officials about transferring weapons and arranging shipments via third countries to obscure their origin. It is unclear whether any arms have actually been moved, and U.S. officials differ on whether shipments have taken place. Intelligence has highli…
Broadcom has filed a complaint at the General Court in Luxembourg challenging requests from the European Commission for documents that include legal advice from the company's U.S. lawyers, in connection with the review of its 2023 acquisition of VMware. Broadcom says the action is narrowly focused on protecting legal professional privilege in non-E…
Louisiana authorities have reached a tentative $4.8 million settlement with the family of Ronald Greene, who died after a violent encounter with law enforcement in May 2019. Video released in 2021 showed officers striking and restraining Greene after a crash, contradicting earlier accounts. A Justice Department review later documented serious short…
Brady Corporation announced that it will release its third quarter fiscal 2026 financial results on May 18, 2026, followed by a conference call and webcast to discuss the results. The company is an international manufacturer specializing in safety, identification, and security solutions across multiple industries.
SAP shares fell about 4.7% on Wednesday to their weakest level in over two years, even after the company outlined an expansive artificial intelligence roadmap at its annual Sapphire conference. While Goldman Sachs and system integrators highlighted SAP's data advantage and durable role as the system of record, questions remain around near-term mone…
Atlassian (TEAM) has pulled back into the low $80s on broad SaaS anxiety and macro headlines. Revenue growth and cash generation remain solid, technicals show constructive momentum, and valuation is reasonable vs. growth if you focus on price-to-sales and free cash flow. This is a mid-term trade idea: buy into the fear with a tight stop and a clear…
Stocks moved unevenly on Wednesday amid company-specific news and quarterly results, with Arm and Alibaba among the larger winners. A number of mega-cap technology and semiconductor names posted solid gains, while some software and retail-related names slipped. Movements ranged from double-digit jumps in smaller-cap names to notable declines among …
A dense lineup of U.S. economic indicators on Thursday, May 14, 2026, centers on retail sales and jobless claims, with core retail sales, price indices, inventories, and Federal Reserve balance sheet figures also due. Market participants will watch the data and Fed commentary for signals about consumer demand, labor market resiliency, price pressur…
Broadcom has taken legal action against European Union competition authorities, asking the General Court in Luxembourg to block requests for documents that include legal advice from its U.S. counsel in an antitrust inquiry linked to its 2023 acquisition of VMware. The company says the step is a procedural defense of legal professional privilege in …
Phoenix Energy One, LLC, an oil and gas exploration and production company focused on U.S. basins, announced its upcoming Q1 2026 earnings call scheduled for May 18, 2026. The call will review the company's operating and financial results, with an overview of its portfolio and recent accomplishments. The company will also file its Form 10-Q for the…
Caterpillar is benefiting from a surge in data-center and power infrastructure demand tied to AI, but lofty valuation (P/E ~45, EV/EBITDA ~31), high leverage, and a strong recent run-up make CAT a risky name to own here. I prefer strategically shorting CAT over a mid-term horizon while rotating capital into select smaller-exposure rivals that trade…
Ann M. Gano, a director at Consumers Bancorp Inc. (NASDAQ: CBKM), has increased her personal holdings in the company through a direct purchase of common stock. According to a Form 4 filing submitted to the Securities and Exchange Commission, the transaction was finalized on May 12, 2026.The acquisition involved 500 shares of CBKM common stock. The …
Minneapolis Federal Reserve President Neel Kashkari said the Iran war has intensified already-elevated inflation and warned that closure of the Strait of Hormuz adds a major unknown to price pressures. Speaking at a St. Paul Area Chamber event, Kashkari said the Fed must bring inflation back to its 2% target and described the labor market as ‘lukew…
