Author: Admin

Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — The egg producer’s stock dropped 20% on a surprise loss for the first quarter. Vital Farms lost 3 cents per share, excluding certain items. Analysts polled by FactSet expected a profit of 6 cents per share. The company also cut its full-year earnings outlook. Datadog…

Shiba Inu’s total holder base is inching toward 1.6 million. The team behind Shiba Inu unveiled certain ecosystem updates that may favor the bulls. Despite the progress, the token has underperformed lately and is no longer the second-largest meme coin. The New Record Earlier this week, Shibarium’s X account revealed that the total number of SHIB holders has surged by 1,100 in a single day, reaching a new all-time high of 1,585,022. This jump is generally seen as positive for the meme coin because a growing holder base often reflects rising interest and confidence in the project. More investors…

Companies such as Copa Holdings and Nova reporting earnings next week have a track record of beating Wall Street’s expectations. After the frenzy of the past two weeks, earnings season will take a breath in the next few days. Just eight stocks in the S & P 500 and one component in the Dow Jones Industrial Average are due to post results. The first-quarter earnings season has been very strong so far. Of the more than 420 S & P 500 companies that have reported, nearly 85% have posted earnings beats, FactSet data shows. Around 78% have released revenues that…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxCIMB Group has appointed Mak Joon Nien as CEO of Growth Markets and CEO of CIMB Singapore, subject to regulatory approval.Mak will be based in Singapore and will join the CIMB Group Executive Committee.In his role as CEO of Growth Markets, he will lead CIMB Singapore and oversee CIMB Thailand and CIMB Cambodia.His focus will be on accelerating business growth, strengthening cross-border connectivity and advancing regional opportunities.Novan AmirudinNovan Amirudin, Group CEO of CIMB Group, said,“Growth Markets is a key pillar of CIMB’s ASEAN strategy, and Mak’s deep regional…

June WTI crude oil (CLM26) today is down -3.36 (-3.53%), and June RBOB gasoline (RBM26) is down -0.0862 (-2.49%).  Crude oil and gasoline prices are sharply lower for a second day today on optimism that a US-Iran peace deal is imminent.  The markets await further updates after the US presented a proposal to Iran that would gradually reopen the Strait of Hormuz and lift the US blockade on Iranian ports.   Iran is expected to respond via Pakistan in the next few days.Crude prices slumped today after Al Arabiya, a Saudi-affiliated outlet, reported that agreements had been reached to ease…

IMF warns AI tools such as Mythos threaten financial stabilityNewsflash: The International Monetary Fund is warning that financial stability risks are rising as artificial intelligence fuels cyber-attacks.In a new blogpost, just published, the IMF singles out Claude Mythos as an example of how quickly risks are increasing.The Fund is calling for “resilience, supervision, and international coordination” to safeguard global financial markets, and protect them against attackers with new AI tools.It warns that AI tools such as Mythos can “dramatically” cut the time and cost needed to identify and exploit vulnerabilities, which raises the risk of weaknesses in key systems being…

Three people with suspected hantavirus, including a British doctor who is a crew member, have been medically evacuated from a cruise ship.The 56-year-old Briton, along with a Dutch colleague aged 41 and a 65-year-old German, were taken from the Dutch-flagged cruise ship MV Hondius for onward travel to the Netherlands, the World Health Organization (WHO) said.Spanish health officials said the British medic was in a more stable condition, having previously been in a critical condition.The WHO said there are eight cases, five of them confirmed.The evacuation means the ship, with close to 150 people onboard, can now continue on its…

Michael Barr (left) and Sam Woods Prolonged conflict in the Middle East could push up inflation for longer and place additional pressure on job markets globally, Michael Barr has said. At an event on May 5 by Magdalen College in Oxford, the Federal Reserve governor said elevated global energy prices could “bleed over” into other goods and services. “The longer they stay higher, the more pressure it puts on inflation, and the more it’s likely to increase stresses in the labour market globally, [although] more seriously in Europe Only users who have a paid subscription or are part of a corporate…

Live Nation has seen international fan count exceed domestic attendance recently, and Vivid Seats recently called out some pressure on the Las Vegas market.

AMD is exploding 16.10% to 16.89% on Wednesday, May 6, 2026, with the stock trading between $412.46 and $413.30 against the prior close of $355.26 — a single-session move that has erased every cautious framing the Street had been trying to apply to the name in recent weeks. The market capitalization now sits at $579.19 billion, putting AMD in genuine megacap territory and forcing a meaningful reassessment of how the buyside should think about position sizing in a stock that has already ripped roughly 70% over the past month and is up materially since the late-October base near $190.95. The…