L&T Bags ₹2,500–₹5,000 Crore Realty Orders As Hyderabad, Mumbai And Karnataka Projects Move Ahead
Larsen & Toubro’s Buildings & Factories business secured large real-estate orders in Hyderabad, Mumbai, and Karnataka,
Kalyan Jewellers Q4 Results: Profit Jumps 118%, Dividend Declared As Stock Rises
Kalyan Jewellers India reported a 118.2% jump in March-quarter net profit to Rs 409.5 crore, with revenue up 66.2% to Rs 10,274.9 crore. The board recommended a final dividend of Rs 2.50
IAG Profit Warning: British Airways Owner’s €9 Billion Fuel Bill Puts 2026 Outlook Under Pressure
International Consolidated Airlines Group cut its 2026 profit, cash flow, and capacity forecasts, citing higher jet fuel costs linked to Middle East
HSBC Holdings Plc Wins Saudi Debt Role as $400 Million Credit Hit Shadows AGM
HSBC Holdings Plc has been named a primary dealer in Saudi Arabia’s local government debt market, the Ministry of Finance said Thursday.
SBI Q4 Results Today: Treasury Pain, Dividend Watch and $2 Billion Funding Plan Could Move the Stock
State Bank of India will report March-quarter earnings Friday, with analysts projecting net profit between ₹16,474 crore and ₹20,116 crore, amid weaker
UK & AU Stock Market Today: Live Updates 08.05.2026
LIVEMarkets rolling coverageStarted: May 8, 2026, 12:00 AM EDTUpdated: May 8, 2026, 6:51 AM EDT Australian Market Drops $50 Billion Amid Renewed
Unilever PLC Stock Faces Fresh Test as €1.5 Billion Buyback Starts During McCormick Break-Up
Unilever bought about 3.3 million shares between April 30 and May 1 as part of its €1.5 billion buyback, holding them in treasury, according to a May 6 filing. The move comes as Unilever prepares to spin off its food unit in a $44.8 billion merger with McCormick, leaving a company focused on beauty and home care. First-quarter underlying sales rose 3.8%, but turnover fell 3.3% to €12.6 billion due to currency effects.
Stock Market Today: S&P 500 Falls From Record Highs as Iran Oil Shock Returns
U.S. stocks fell Thursday as renewed U.S.-Iran hostilities sent oil prices sharply higher after the close. The S&P 500 dropped 0.38%, the
AusNet’s Compulsory Land Bid Puts Farmers On Collision Course With Victoria’s Western Renewables Link
AusNet has asked the Victorian government for powers to compulsorily acquire land easements for the Western Renewables Link, escalating tensions with farmers.
Samsung Galaxy S25 Edge Price Cut: Flipkart Deal Drops Flagship To ₹65,074
Flipkart is listing the Samsung Galaxy S25 Edge 12GB/256GB at ₹68,999, down from its May 2025 India launch price of ₹1,09,999. The
IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships
The IEA said the Iran war has removed about 120 billion cubic metres of global LNG supply from 2026-2030. NextDecade plans to
Star Alliance’s New Guangzhou Lounge Arrives as Terminal 3 Takes Over Baiyun Airport
Star Alliance has opened a 24-hour lounge in Guangzhou Baiyun Airport’s new Terminal 3, replacing its previous facility as the airport shifts all airlines from Terminal 1. The 1,400-square-metre lounge seats 245, features a large outdoor garden, and is open to premium and elite Star Alliance passengers. Ten Star carriers operate about 1,500 weekly departures from Guangzhou. Terminal 1 parking and rail links are closing.
Xiaomi 17T Pro Leak Reveals €999 Price, 7,000mAh Battery and a Flagship Problem
Leaked images and reports indicate Xiaomi’s 17T Pro will start at €999 in Europe, with the standard 17T at €749, ahead of an expected May launch. The 17T Pro is tipped to feature a 6.83-inch OLED display, MediaTek Dimensity 9500 chip, 12GB RAM, and a 7,000mAh battery. Xiaomi has not confirmed the devices or a release date.
Pentagon’s $500 Million Scale AI Deal Puts Big Tech’s War Work Back in the Spotlight
The Pentagon has raised Scale AI’s contract ceiling to $500 million, expanding the startup’s role in military data sorting and decision support. The agreement, five times larger than the previous $100 million award, covers computer vision and generative AI tools. Scale’s systems will operate on both classified and unclassified networks. The move follows new classified-network deals with Google, OpenAI, and Microsoft.
Geely-Ford Spain Plant Deal Could Give Chinese EVs a Faster Route Into Europe
Geely has agreed to buy Ford’s idle Body 3 assembly hall at the Almussafes plant near Valencia, according to La Tribuna de Automoción, giving the Chinese automaker a European production base. Ford has not confirmed the deal. The hall previously built Mondeo, S-Max, and Galaxy models, but now sits unused as Valencia output fell 18% last year. EU tariffs on Chinese EVs reach up to 35.3%.
Nvidia Bubble Question Returns After AI Chip Rally Sends Nikkei To Record High
Japan’s Nikkei closed at a record 62,833 on Thursday, jumping 3,320 points as investors poured into AI and semiconductor stocks after the Golden Week break. The surge revived debate in Japanese media over whether Nvidia’s valuation and the broader AI-chip rally are sustainable. Local reports flagged risks of overheating and market concentration. Economist Emin Yilmaz warned that Nvidia’s market cap surpassing Japan’s GDP signals bubble-like conditions.
RTL Stock Slump Puts Sky Deal and Streaming Bet Under the Microscope
RTL Group shares fell 0.46% to 32.68 euros late Thursday, extending a 13.56% five-day slide amid questions over the broadcaster’s outlook. The stock dropped after RTL paid a 5.50 euro dividend linked to the RTL Nederland sale. The company will report first-quarter results May 13 and plans to close its Sky Deutschland acquisition June 1. EU regulators cleared the deal, which will create a group with 12.3 million subscribers.
DNO Tawke Restart Stalls: Kurdistan Oil Output Still Shut as Genel and ShaMaran Feel Iran War Hit
DNO has restarted limited field work at the Tawke license in Iraqi Kurdistan, but oil production remains halted due to security concerns after U.S.-Israeli strikes on Iran. Genel Energy reported first-quarter Tawke output fell to 52,800 bpd, with its shares down 3.77% in London. DNO’s net profit for the quarter was $51 million, with North Sea output offsetting lower Kurdistan volumes.
France Fuel Prices Shift Before May 8 Long Weekend As Diesel Falls And Gasoline Edges Higher
Diesel prices in France fell 1.1 cents to €2.216 per litre on Thursday but stayed above €2.20, according to official data. TotalEnergies capped holiday weekend prices at €2.09 for diesel and €1.99 for gasoline across its network. Government figures showed 96% of stations had no supply issues, though local queues were possible. Brent crude traded at $101.98 a barrel after reports of tensions over the Strait of Hormuz.
Why Rheinmetall Stock Sold Off Even as Its Order Book Hit €73 Billion
Rheinmetall shares dropped 6.94% in Xetra trading after first-quarter results showed slower sales growth, despite operating profit rising 17% to €224 million. The company kept its 2026 guidance and reported an order book of €73 billion, but order intake fell 55% from last year’s surge. Naval Systems contributed €77 million in March sales after the NVL acquisition. CEO Armin Papperger expects stronger second-quarter sales and orders.
Greenland Ice Melt Is Surging Sixfold — Why Scientists Say Sea-Level Risk Is Rising
Greenland’s ice sheet meltwater production has increased sixfold since 1990, with seven of the 10 most extreme melt events occurring after 2000, a University of Barcelona-led study reports. The area affected by extreme melt expanded by 2.8 million square kilometers per decade, and meltwater volume rose from 12.7 to 82.4 gigatons per decade. NASA data show Greenland lost about 264 billion metric tons of ice annually between 2002 and 2025.
New Cork-France Ferry Route Opens In June As Hibernia Line Bets On Six Weekly Sailings
Hibernia Line has opened bookings for a new Cork-to-Boulogne ferry service starting June 12, with six weekly sailings each way for passengers and freight. The company expects to carry over 250,000 passengers a year using two vessels, St Patrick and MV Akka. The €20 million investment creates up to 250 jobs in Ireland and France, including 200 crew roles. Crossings will take about 21.5 hours.
Bitcoin Price Holds $80,000 As Tom Lee Says Rare Signal Points To Crypto Bull Market
Bitcoin traded near $80,134 Thursday, down 1.6% after hitting $81,670, as spot bitcoin ETFs drew $1.68 billion in inflows from May 1–6, Farside data showed. Fundstrat’s Tom Lee told MarketWatch institutional buyers are returning, while John Bollinger said his trend model turned positive. Ether traded at $2,301.31, down 2%. Lee’s Bitmine may slow Ethereum purchases, he said at Consensus Miami.
Oil Prices Are Falling. Germany’s Cars And Buses Still Face A Hidden Supply Shock
Some German automakers face shortages of Group III base oils used in synthetic motor oils, as supplies remain stuck in the Mideast Gulf amid continued closure of the Strait of Hormuz, Argus Media reported. European spot prices for a key Group III grade have risen 70% since the war began. Brent crude swung sharply on Thursday, dropping to $96.44 before rebounding above $101 as traders reacted to mixed signals on a U.S.-Iran deal.
Coinbase Has a Wall Street Problem: Morgan Stanley’s E*Trade Crypto Fees Turn Up the Heat
Morgan Stanley is piloting spot crypto trading on E*Trade at a 0.5% fee, undercutting Coinbase, Robinhood, and Schwab. Coinbase shares fell 2.6% to $192.85 in midday trading ahead of its earnings report. Bitcoin dropped 2.2% to near $79,840. Morgan Stanley plans to expand crypto trading to all 8.6 million E*Trade clients later this year.
Australia Stock Market Today: ASX 200 Jumps as Miners Surge and Energy Stocks Sink
The S&P/ASX 200 rose 0.96% to 8,878.1 on Thursday, led by a 3.68% jump in materials while energy stocks fell 2.94% as oil prices dropped on U.S.-Iran peace hopes. Woodside Energy slid 4.2% and Santos lost 3.3%. The Reserve Bank of Australia raised its cash rate to 4.35% on May 5, citing inflation risks from higher fuel prices.
UK Stock Market Today: FTSE 100 Slides as Shell, BP and BAE Drag London Lower
London’s FTSE 100 fell 1.6% to 10,276.95 on Thursday, led lower by Shell, BP and BAE Systems as oil prices dropped and investors unwound gains. Shell slid 2.9% despite strong earnings and a dividend hike; BP lost 2.6% as Brent crude fell below $100. BAE Systems dropped 4.7%. The FTSE 250 rose 0.2%, helped by Helios Towers, which jumped 14.3% after raising its profit outlook.
Oklo Stock Just Got an NRC Win. The Real Test Comes May 12
Oklo shares fell 3.6% to $76.76 Thursday, retracing gains after the U.S. Nuclear Regulatory Commission approved its Aurora powerhouse design criteria. The company will report first-quarter results after market close May 12, with analysts expecting a loss of 20 cents per share. Oklo ended 2025 with $1.41 billion in cash and a $105.7 million net loss.
Suncor’s C$2.1 Billion Profit Reveals Canada’s Jet-Fuel Opening
Suncor Energy reported C$2.1 billion in first-quarter net earnings, driven by record refined product sales of 680,900 barrels a day and strong exports to markets including Puerto Rico and the Philippines. Net earnings rose from C$1.69 billion a year earlier. The company shipped 14 diesel cargoes from Vancouver in the quarter, up sharply from last year. Upstream production reached 875,200 barrels a day.
Bank of Nova Scotia Stock Hits 52-Week High: Why the BNS Rally Faces a Harder Test
Bank of Nova Scotia’s U.S.-listed shares hit a 52-week high Thursday, trading up to $78.98 before closing near $78.48 on 1.68 million shares. The stock’s rally follows stronger-than-expected quarterly results, with adjusted net income of C$2.695 billion and EPS of C$2.05. Analysts remain mixed, with recent upgrades and downgrades, as the stock trades near fair value and at a premium to peers.
Google’s $99 Fitbit Air Takes Aim At Whoop As Fitbit App Gets Replaced
Google began U.S. pre-orders Thursday for the $99.99 Fitbit Air, a screenless fitness tracker arriving in stores May 26. The Fitbit app will rebrand as Google Health starting May 19, with expanded device support and medical record syncing. Google Health Coach, powered by Gemini AI, launches May 19 at $9.99 per month. A Stephen Curry edition Fitbit Air is also available for $129.99.
Norwegian Cruise Outlook Cut Exposes Fuel Squeeze and Booking Gap
Norwegian Cruise Line Holdings cut its 2026 adjusted earnings forecast to $1.45–$1.79 per share, down from $2.38, citing higher fuel costs, Middle East disruptions, and weaker bookings. The company expects net yield to fall 3%–5%. Shares traded at $17.69, near recent lows. Fuel is now projected to cost $782 per metric ton, up from $670.
Disney Stock Rises as Josh D’Amaro’s First Earnings Report Beats Wall Street
Disney shares rose 1.7% after reporting fiscal Q2 revenue of $25.17 billion, up 7% and above estimates. Streaming posted $582 million in operating income, up 88% year-over-year, and delivered its first double-digit margin. Parks revenue hit a record $9.49 billion despite a 1% drop in domestic attendance. New CEO Josh D’Amaro outlined a growth plan centered on streaming, ESPN, and theme parks.
IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal
IREN shares fell $1.48 to $59.50 ahead of its fiscal Q3 results, due after Thursday’s close. Analysts expect a $213 million revenue and a loss of 18 cents per share, with Zacks noting IREN has missed consensus for four straight quarters. The report follows IREN’s $625 million all-stock deal to acquire Mirantis and the activation of its 1.4-gigawatt Texas data center.
Nintendo’s Surprise Star Fox Switch 2 Reveal Has a $49.99 Twist Players Will Notice
Nintendo will release a remake of Star Fox 64 for Switch 2 on June 25, with updated visuals, new cutscenes, and a $49.99 U.S. digital price. The game supports single-system and online play, with up to eight players online. Nintendo announced the title with minimal advance notice via its Nintendo Today app. Physical copies will cost $59.99 in the U.S.
Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni
Berkshire Hathaway’s National Indemnity raised its voting stakes in Sumitomo and Marubeni above 10%, according to company notices. Sumitomo shares jumped 8.2% in Tokyo after the disclosure. Berkshire’s Class B shares also rose early in New York trading. The filings follow CEO Greg Abel’s remarks on maintaining patience with Berkshire’s large cash reserves.