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Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation Source link
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty ImagesSouth Korean stocks rose Monday to hit a fresh record, following their strongest monthly gain in April, as investors weighed tensions between Iran and the U.S. and a U.S. plan to reopen shipping in the Strait of Hormuz.The U.S. would attempt to “free” stranded ships affected by the Strait of Hormuz closure since the start of the Iran war, U.S. President Trump said in his Truth Social post Sunday.Dubbed “Project Freedom,” the effort…
NZ’s a2 Milk shares slump on US infant formula recall as cereulide detected Source link
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)It wasn’t his show but there was still plenty of BuffettNew CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence as chairman of the board, even as he sat on the arena floor with his fellow directors.Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCSix minutes after…
Asia’s bond markets shake off war angst with record local issuance Source link
U.S. President Donald Trump speaks to reporters as he departs the White House on May 1, 2026 in Washington, DC. Anna Moneymaker | Getty ImagesPresident Donald Trump said Sunday that the U.S. will attempt to “free” stranded cargo ships that have been trapped by the Strait of Hormuz closure since the war with Iran began. The effort, which Trump in a Truth Social post dubbed “Project Freedom,” is set to begin on Monday. The president said the effort is focused solely on getting civilian ships that are flagged in countries not affiliated with the conflict out of the contested waterway…
Sir Keir said the UK is “ready to do the necessary work” with allies on Monday to give Ukraine the “support you need, the pressure you need to continue to put on Russia to make sure that we get a just and lasting peace, but one that is right for Ukraine”. Source link
The first quarter earnings season continues in earnest next week, with 121 companies in the S & P 500 , or approximately a quarter of the index, on the docket to share their latest results. The two stocks that are also in the Dow Jones Industrial Average — Walt Disney and McDonald’s — will be the week’s headliners, highlighting a big showing from media companies, restaurant chains and gig economy platforms. The corporate reporting period has been strong so far. Of the 63% of S & P 500 members that have so far issued results, 84% have topped analysts’ earnings…
Spirit nearly done processing customer refunds after shutdown Source link
More than $1 billion is poised to flow into the underperforming Hang Seng Tech Index, thanks to the upcoming inclusion of two Chinese artificial intelligence companies, according to Morgan Stanley. Hong Kong’s technology stock index has tumbled more than 11% so far this year, despite excitement over Chinese AI. Only seven of the index’s constituents have risen in 2026, led by Hua Hong Semiconductor, Lenovo, JD, Midea and several electric car stocks. Meanwhile, generative AI model companies Knowledge Atlas Technology , which runs Zhipu AI, and MiniMax , have both skyrocketed since they went public in Hong Kong in January.…
