Author: franperez66q@protonmail.com
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesShares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s Nikkei 225 surge to record highs.Japanese markets reopened after an extended holiday and investors rushed to catch up with a global artificial intelligence-fueled rally, sending Japanese tech names higher.While SoftBank is on course to record its best day since 2020, if gains hold, chip-testing equipment maker Advantest…
Airlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East. Source link
Burger King fast food hamburger restaurant in Miami, Fla. Jeff Greenberg | Universal Images Group | Getty ImagesRestaurant Brands International on Wednesday reported better-than-expected earnings and revenue, fueled by another quarter of strong international growth and a successful turnaround at Burger King U.S. But there are some potential challenges ahead for the company, like high beef costs that will likely stay that way longer than Restaurant Brands originally anticipated and weakening consumer sentiment as a result of the U.S.-Israel war with Iran.Shares of the company fell roughly 5% in morning trading.Here’s what the company reported compared with what Wall Street was…
Japan’s Nikkei surges past 61,000 for first time on earnings, Mideast optimism Source link
SAN FRANCISCO—At its Code with Claude developer conference on Wednesday, Anthropic announced a deal with SpaceX to utilize the entire compute capacity of the latter’s data center in Memphis, Tennessee. On stage at the conference, CEO Dario Amodei said the deal was intended to increase usage limits for Anthropic’s Pro and Max plan subscribers. The announcement was accompanied by an increase in those usage limits; Anthropic doubled Claude Code’s five-hour window limits for Pro and Max subscribers, removed the peak-hours limit reduction on Claude Code for those same accounts, and raised API limits for its Opus model. The table below…
In Scotland and Wales counting will begin on Friday, while in England results are expected to start coming overnight. Source link
Oil/Chemical Tanker “Bald Man” at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | ReutersOil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.International benchmark Brent crude futures for July gained 0.91% to $102.19 a barrel. U.S. West Texas Intermediate futures for June rose 1.23% to $96.25 per barrel.Scott Chronert, Citi U.S. equity strategist, said that the duration of the conflict will affect the wider…
Space analytics firm HawkEye raises $416 million in US IPO Source link
Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per share (EPS) increased 9% to 60 cents, beating the 58 cents expected. ARM YTD mountain Arm Holdings YTD Shares of Arm dipped roughly 6% in after-hours trading, giving back about half the gains they had during the regular session. We pointed out in Wednesday’s Morning…
The PM writes to civil servants following tensions over the sacking of former Foreign Office boss Sir Olly Robbins. Source link