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    Shell earnings surge in Q1; announces $3B buyback as dividend rises 5%

    by admin May 7, 2026
    by admin May 7, 2026

    Shell dividend climbs 5% following strong Q1 financial performance Shell reported a strong first quarter, with adjusted earnings the company’s definition of net profit, rising to $6.92 billion.  The figure,…

  • Business

    Statkraft reports stronger Q1 earnings amid higher power prices

    by admin May 7, 2026
    by admin May 7, 2026

    Norway’s largest utility, Statkraft, reporteda rise in underlying operating profit for the first quarter on Thursday, supported by higher electricity prices across the Nordic region. The state-owned energy company said…

  • Business

    Why did ARM stock wipe out its entire 13% after-hours gain overnight?

    by admin May 7, 2026
    by admin May 7, 2026

    Arm Holdings (NASDAQ: ARM) delivered the kind of earnings report that sends a high-flying chip stock higher. The revenue beat estimates, profit beat estimates and demand for its new AI…

  • Finance & Investment

    Morgan Stanley sees more room for Allegro shares

    by admin May 7, 2026
    by admin May 7, 2026

    Allegro MicroSystems (ALGM) heads into its next earnings report with a stronger setup than it had just a few weeks ago, according to Morgan Stanley, as recent results from analog…

  • Finance & Investment

    Fed paints worrisome economic picture as inflation spikes 

    by admin May 7, 2026
    by admin May 7, 2026

    Soaring gas prices have put the brakes on the spending habits of millions of Americans, hitting their wallets hard and fueling America’s persistent economic inflation-driven K-shaped divide, according to a…

  • Business

    Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

    by admin May 7, 2026
    by admin May 7, 2026

    Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck…

  • Business

    Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

    by admin May 7, 2026
    by admin May 7, 2026

    Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get…

  • Stock

    Anthropic and SpaceX/xAI Strike Historic…

    by admin May 7, 2026
    by admin May 7, 2026

    On May 6, 2026, the artificial intelligence landscape underwent a massive structural realignment as Anthropic and Elon Musk’s merged SpaceXAI entity announced a landmark compute partnership. Under the terms of…

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