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Samsung Races to Avert Strike, Risking $28B in AI Chip Profits
Samsung Electronics and its largest labor union conclude government-brokered talks on May 12. This final negotiation aims to prevent a major strike scheduled...
On Holding Surpasses Q1 Estimates, Powered by Double-Digit China Growth
On Holding AG (NYSE: ONON) reported first-quarter 2026 financial results on Tuesday, May 12, exceeding analyst expectations. Earnings per share reached...
Defense Sector Gains as Trump Rejects Iran Truce, Eyes Combat
The United Kingdom and France hosted over 40 defense ministers on May 12, 2026. This multinational summit focused on military plans to restore trade flows...
Brent Crude Nears $105, as Trump Rejects Iran Peace Proposal
Oil prices rose on Tuesday as Brent crude futures climbed toward $105 per barrel. The ceasefire between the United States and Iran appeared near...
π΄ RHM.DE is trading 5.28% down today amid a multi-day selloff
RHM.DE is trading at β¬1123.00, down 5.28% today as the stock continues a sharp multi-day selloff amid broader market weakness. β’ The stock has declined...
Tencent Music Surges 6% Before Earnings Day β Can a Premium Subscriber Push Justify a Stock Trading at Half Its Target Price?
Shares jumped +6.4% in pre-market trading on May 12, defying a weak tape β S&P futures down 0.41%, Nasdaq off 0.79% β as investors positioned ahead of TME's Q1...
π’ TME is trading 6% up today ahead of Q1 earnings release
TME is trading at $9.78 (+6%) in pre-market sessions ahead of its Q1 2026 earnings report scheduled for release before the market open. β’ Analysts are...
Microsoft Israel GM exits, following ethics probe into defense ministry use
Microsoft Israel General Manager Alon Haimovich has departed the company. His exit follows an internal investigation into the Israeli Ministry of Defenseβs...
On Holding Reports Earnings Today With Its Stock Down 25% β Can Premium Sneakers Still Command a Premium Price?
Shares surged 5.4% in pre-market to $35.87 as investors reversed Monday's cautious selloff and placed bets ahead of On Holding's Q1 2026 earnings, due before...
π’ ONON is trading 5.4% up today ahead of Q1 2026 earnings results
ONON is trading at $35.87, up 5.4% in pre-market action as investors position ahead of the company's Q1 2026 earnings announcement scheduled for May 12. β’ The...
California gas prices to surge, losing Middle East oil and refineries
California faces potential fuel shortages and higher gasoline prices following the halt of Middle East crude oil shipments. The state's market remains isolated...
π’ GDDY is trading 7% up today on technical rebound
GDDY is trading at $94.72 (+7%) in pre-market on a sharp technical rebound following yesterday's close of $88.08 (-3.23%). β’ The move appears driven by short...
π΄ ZAL.DE is trading 5.07% down today on a deepening Erfurt labor standoff
ZAL.DE is trading at β¬19.18, down 5.07% today as a deepening standoff between Zalando and the Erfurt works council over cost-cutting plans pressures the...
Apollo Considers $3 Billion MFIC Sale, as Loan Defaults Climb
Apollo Global Management is in discussions to sell its publicly traded business development company, MidCap Financial Investment Corp (MFIC). The potential...
π΄ SNDK is trading 3.8% down today as US futures soften ahead of CPI data
SNDK is trading at $1489 (-3.8%) in pre-market, extending a pullback from Friday's close as broader markets soften ahead of key economic data. β’ The decline...
Illinois bans swipe fees on taxes, sparking industry-wide legal challenges
The Illinois Interchange Fee Prohibition Act faces significant legal challenges ahead of its July 1, 2026, effective date. This first-in-the-nation law...
π΄ INTC is trading 3.6% down today, pulling back after a major rally sparked by Apple chip deal reports
INTC is trading at $124.89 (-3.6%) as the stock takes a breather and investors take profits following a significant rally on major company-specific news. The...
π΄ HLT is trading 6% down today after closing a $1B debt offering amid broader market weakness
Hilton (HLT) is trading at $296.53 (-6%) as investors react to the closing of a major debt offering and broader market fears ahead of key inflation data. β’ On...
π’ GDDY is trading 7% up today on technical rebound
GDDY is trading at $94.72 (+7%) in pre-market on a likely technical rebound or short covering, rebounding sharply from yesterday's $88.08 close. β’ The move...
Trump to Meet Xi in Beijing, Joined by 17 Top US CEOs
President Donald Trump will visit Beijing from May 13-15 for a summit with President Xi Jinping. This marks the first visit to China by a sitting U.S....