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Airbus delays A350 deliveries, hit by US plant production struggles
Airbus notified customers of additional delivery delays for A350 jetliners scheduled through the late 2020s. Supply chain disruptions at the recently acquired...
XPeng Launches GX SUV with Deep Discounts, Targeting High-End Growth
XPeng officially launched its GX flagship SUV to compete in China’s large SUV market. The six-seat model retails between 279,800 yuan ($41,120) and 359,800...
Corning Partners with BOE on Next-Gen Glass, Targeting High-Growth Markets
Corning Incorporated signed a Memorandum of Understanding with BOE Technology Group Co., Ltd. to collaborate on several key technology areas. The partnership...
OpenAI disproves 1946 Erdős conjecture, signaling major leap toward AGI
OpenAI announced an internal reasoning model disproved the Erdős unit distance conjecture. Paul Erdős first posed this discrete geometry problem in 1946. The...
Enverus forecasts 8 Bcf/d global LNG deficit by 2026, following Qatar outage
Enverus Intelligence Research (EIR) reports that a lasting outage in Qatar will shift the global LNG market into a significant supply deficit. Damage to...
China Palladium Imports Hit Record 8.6 Tons, Driven by Price Arbitrage
China imported a record 8.6 tons of palladium in April. Customs data released May 20 shows these shipments nearly tripled the seasonal average. Investors...
WTI crude sinks 5%, as Trump signals imminent Iran peace deal
West Texas Intermediate (WTI) crude fell 5% to below $99 per barrel on Wednesday. President Donald Trump stated a deal to end the three-month Iran conflict is...
Fed officials clash over rate cuts, citing 3.8% inflation surge
The Federal Reserve's April 28-29 minutes reveal internal conflict regarding future interest rate directions. Several policymakers expressed unease with the...
South Korea deploys $54 billion for steel, fighting costs and Chinese exports
South Korea launched a ₩80 trillion ($54 billion) financial support package for its steel and key industrial sectors. The initiative provides liquidity,...
Target, Lowe's, and TJX Beat Estimates, Signaling Resilient Consumer Spending
Target (TGT), Lowe's (LOW), and TJX Companies (TJX) reported strong first-quarter earnings on May 20, 2026. All three retailers surpassed analyst estimates for...
Costco hits record $1,096 high, driven by 22.6% digital sales growth
Costco Wholesale Corp (COST) shares reached a record $1,096.50 on Wednesday, May 20, 2026. The company's market capitalization climbed to approximately $485...
Intuit's third quarter 2026 revenue of $8.6B beat estimates and the company raised full-year guidance.
Intuit reported third quarter fiscal 2026 revenue of $8.6 billion, up 10% year-over-year, and non-GAAP EPS of $12.80. Both figures exceeded analyst...
Valmore Holding grows EBITDA 10%, led by strong hard-currency revenue
Valmore Holding, formerly Egypt Kuwait Holding, reported a consolidated net profit of $34.3 million for the first quarter of 2026. This figure represents a...
Astera Labs surges 13%, as RBC raises target on Amazon AI deal
Astera Labs stock climbed more than 13% on May 20, 2026. RBC Capital Markets reiterated its Outperform rating for the company. Analysts increased the price...
NVIDIA eyes blockbuster Q1 earnings, led by Blackwell chip demand
NVIDIA reports fiscal first-quarter 2027 earnings after the market closes on May 20, 2026. The results serve as a primary indicator for the artificial...
Novo Nordisk loses Ozempic monopoly, generic rivals launch in Canada
Generic versions of semaglutide begin arriving in Canadian pharmacies this week. Health Canada approved these drugs from manufacturers Apotex and Dr. Reddy’s...
Enverus forecasts global gas deficit, following major Qatari LNG outage
Enverus Intelligence Research reports that a lasting outage at a Qatari LNG facility has shifted the global market into a structural supply deficit. Damage to...
Meta Cuts 10% of Staff, Reassigning 7,000 Workers to AI Units
Meta Platforms began a global workforce reduction on May 20, 2026. The company issued termination notices to thousands of employees, affecting approximately...
🟢 SPIR is trading 5% up today as reaffirmed full-year guidance signals over 50% growth
SPIR is trading about 5% up at approximately $20 in after-hours, extending its post-earnings rally as investors prioritize long-term growth projections. •...
🟢 LULU is trading 5.05% up today as it rebounds from recent lows amid broader market rally
LULU is trading 5.05% up at $125.24 as the stock stages a strong intraday rebound following recent weakness and a broader rally in U.S. equities. • Sources...