News Digest / Latest Stock Market News

Latest Stock Market News

10:09am, Monday, May 11, 2026
Dell Technologies stock fell sharply following UBS's downgrade to Neutral, citing that the surge from AI-related demand is mostly priced in after a year of heavy gains. Investors reassess risks ahead of upcoming earnings.

09:45am, Monday, May 11, 2026
Primoris Services stock jumps 3.5% in premarket trading following Mizuho's upgrade to Outperform, though the price target dropped to $135 from $175 amid revised growth forecasts and ongoing execution challenges.

09:19am, Monday, May 11, 2026
Oasis Management has raised its holding in British outsourcer Capita to over 15%, signaling increased influence amid calls for business streamlining following recent profit margin concerns.

08:09am, Monday, May 11, 2026
Amazon is entering the Swiss franc bond market for the first time, aiming to raise funds for artificial intelligence development through a multi-tranche offering led by major banks, signaling tech's shift to diversify debt funding avenues.

07:24am, Monday, May 11, 2026
RBC Capital Markets raised BP to outperform, eyeing a 31% gain thanks to strong commodity prices spurring debt payoff and improved leverage ratios through 2027.

07:18am, Monday, May 11, 2026
Oil prices climbed above $100 a barrel following President Donald Trump's rejection of Iran's response to the U.S. peace offer, stoking geopolitical uncertainty and concerns over supply disruptions in the Persian Gulf.

07:15am, Monday, May 11, 2026
Moderna's stock jumped close to 8% following a U.S. hantavirus case, spotlighting its early-stage efforts on a vaccine for the virus. The Andes strain, rare in human-to-human spread, was detected in evacuated cruise passengers.

06:51am, Monday, May 11, 2026
Nintendo's stock dropped sharply after the company raised Switch 2 prices amid rising memory costs and issued a cautious sales forecast, signaling challenges ahead for the gaming giant's latest console.

06:44am, Monday, May 11, 2026
Bitcoin hovered around $81,000, balancing weekend gains against rising Iran conflict concerns and anticipation over U.S. crypto regulatory moves, with altcoins showing modest gains.

06:41am, Monday, May 11, 2026
Rolls-Royce Holdings is set to launch its first euro-denominated bond sale in six years, aiming to bolster resilience against Middle East conflict disruptions while maintaining 2026 profit guidance.

04:57am, Friday, May 08, 2026
Oil prices edged higher following renewed conflict between the US and Iran, threatening the fragile ceasefire and the critical Strait of Hormuz supply route. Brent and WTI saw gains despite weekly losses.

04:54am, Friday, May 08, 2026
Toyota anticipates a $4.3 billion loss this fiscal year due to the Iran war fallout, marking a significant earnings dip despite strong hybrid sales. Supply chain and tariff challenges continue to weigh heavily.

04:49am, Friday, May 08, 2026
US prosecutors suspect Thai-linked OBON Corp smuggled billions in Nvidia-powered servers to China, with Alibaba among buyers. The case spotlights ongoing export controls on advanced chips amid national security concerns.

04:19am, Friday, May 08, 2026
Fastighets AB Balder's Q1 profits dipped mainly due to a Norion Bank share distribution plan. Rental income and net asset value showed modest growth despite some headwinds in occupancy and leverage ratios.

04:18am, Friday, May 08, 2026
Sony predicts a 6% decline in gaming sales due to aging PS5 hardware and surging memory chip prices, while anticipating a 30% profit jump fueled by strong software sales and no impairment losses.

04:10am, Friday, May 08, 2026
Nintendo raises the Switch 2 price by $50 as global memory shortages drive component costs higher. The company forecasts a sales decline to 16.5 million units for fiscal 2027, reflecting tough market conditions.

03:56am, Friday, May 08, 2026
Henry Boot reveals CEO Tim Roberts will step down later this year, with Edward Hutchinson set to take the helm following his leadership in Stonebridge Homes integration and operational progress.

03:56am, Friday, May 08, 2026
Gold inches higher this week driven by potential US-Iran peace talks, though flare-ups near the Strait of Hormuz keep a lid on momentum. Market eyes upcoming US jobs data for clues on Federal Reserve policy.

03:54am, Friday, May 08, 2026
The UAE has reported intercepting missile and drone strikes believed to originate from Iran, escalating regional tensions following recent U.S.-Iran confrontations in the Strait of Hormuz.

04:23am, Wednesday, May 06, 2026
Ahold Delhaize defies currency headwinds with robust U.S. operations, pushing first-quarter core profits beyond forecasts despite geopolitical and economic challenges.

04:20am, Wednesday, May 06, 2026
Lumo Homes sticks to its 2026 guidance as rental income grows 3.2% in Q1, boosted by improved occupancy and strategic property disposals. Revenue expected to hit €484M-€497M, despite some headwinds earlier in the year.

04:15am, Wednesday, May 06, 2026
Bayer announces plan to acquire biopharma company Perfuse Therapeutics for up to $2.45 billion, expanding its ophthalmology portfolio with promising glaucoma and diabetic retinopathy drug in phase II trials.

04:14am, Wednesday, May 06, 2026
Pandora's Q1 sales dipped in North America due to subdued sentiment among mid- to lower-income buyers, offset by growth in Latin America and Asia-Pacific. Margins squeezed by rising silver costs and tariffs.

04:12am, Wednesday, May 06, 2026
AMD's first-quarter results crush expectations with a 38% revenue jump, driven by a 57% surge in data center sales, pushing stock up 15% amid strong AI-related demand and bullish outlook.

04:11am, Wednesday, May 06, 2026
Tesla is recalling 218,868 U.S. vehicles due to rearview camera display delays when reversing, potentially increasing crash risk. A software fix has been rolled out via over-the-air update.

04:09am, Wednesday, May 06, 2026
Diageo posted a modest 0.3% organic sales gain for Q3, buoyed by World Cup and strong Guinness demand, but U.S. sales slid nearly 10%, highlighting challenges in its biggest market.

04:06am, Wednesday, May 06, 2026
Novo Nordisk stock jumps on stronger-than-expected Wegovy pill sales and upgraded 2026 guidance amid growing market share in the competitive U.S. weight-loss drug sector.

04:04am, Wednesday, May 06, 2026
Bybit offers its cardholders exclusive early bird tickets for Tomorrowland Brasil 2027, including discounts up to R$400 and priority purchase before public sales, reinforcing its push into lifestyle event integration.

07:25am, Tuesday, May 05, 2026
UnitedHealthcare is scrapping prior approval for 30% of certain outpatient services, speeding up care delivery by easing paperwork hurdles for patients and doctors nationwide.

07:12am, Tuesday, May 05, 2026
Harley-Davidson's new plan focuses on lower-priced motorcycles and boosting dealer profitability amid pressure from tariffs and softer demand, aiming for $350M profits by 2027 through models like the $6,000 Sprint.

06:47am, Tuesday, May 05, 2026
Dominican Republic halts GoldQuest's Romero mining project following large-scale public protests over environmental concerns, spotlighting tensions between development and conservation in Latin America.

06:42am, Tuesday, May 05, 2026
Heightened US-Iran clashes near the Strait of Hormuz push oil prices above $100, weighing on Asian and European shares while the yen faces intervention speculation. Key earnings and US job data loom.

06:40am, Tuesday, May 05, 2026
HSBC's first-quarter pre-tax profit missed expectations due to increased expected credit losses, despite a 6% revenue rise. Shares in Hong Kong and London declined sharply after results.

06:05am, Tuesday, May 05, 2026
UniCredit CEO Andrea Orcel signals that fully taking over Commerzbank isn't the likely outcome, even as the Italian bank starts a tender offer to boost its stake in the German institution.

04:53am, Tuesday, May 05, 2026
Bitcoin nudged past $80,000, hitting a three-month peak as Middle East tensions simmered and MicroStrategy prepared to report Q1 earnings, highlighting crypto's sensitivity to geopolitical and corporate developments.

04:29am, Tuesday, May 05, 2026
Novo Nordisk's Wegovy pill sales are climbing fast, but rising competition and falling prices in obesity drugs, especially from Eli Lilly's new Foundayo, are putting pressure on revenue growth and market expectations.

04:28am, Tuesday, May 05, 2026
Swedish pharma firm Medivir reports increased Q1 revenue and a reduced EBITDA loss, backed by successful share issuance and ongoing clinical study developments for treatments including MIV-711 and fostrox.

07:48am, Monday, May 04, 2026
Moody's upgrades Vietnam's credit outlook to positive due to strengthened institutional quality and governance reforms since late 2024. FTSE Russell also promotes Vietnam to emerging market status, highlighting its growth prospects.

07:46am, Monday, May 04, 2026
Shares of FedEx and UPS dropped following Amazon's launch of Amazon Supply Chain Services, expanding its logistics network to rival freight and shipping providers by offering services to multiple industries.

07:44am, Monday, May 04, 2026
Amazon unveils 'Amazon Supply Chain Services,' allowing businesses to leverage its vast logistics network for moving, storing, and delivering goods, from raw materials to finished products.