Nokia (NYSE:NOK) , the Finnish network equipment and solutions firm, closed Thursday at $12.35, down 6.37%. Shares may have fallen on profit-taking or broader AI valuation jitters. European stocks slipped today on geopolitical concerns. Trading volume reached 125.8 million shares, coming in about 70% above its three-month average of 74.3 million shares. Nokia IPO'd in 1994 and has grown 858% since...
Nokia (NYSE:NOK) , the Finnish network equipment and solutions firm, closed Thursday at $12.35, down 6.37%. Shares may have fallen on profit-taking or broader AI valuation jitters. European stocks slipped today on geopolitical concerns. Trading volume reached 125.8 million shares, coming in about 70% above its three-month average of 74.3 million shares. Nokia IPO'd in 1994 and has grown 858% since going public. The S&P 500 (SNPINDEX:^GSPC) slipped 0.38% to close at 7,337, while the Nasdaq Composite (NASDAQINDEX:^IXIC) edged down 0.13% to finish at 25,806. Within communications equipment, industry peers were mixed, as Ericsson closed at $11.76, down 2.02%, while Cisco finished at $92.16, up 0.58%. Continue reading
Greg Meland The US military has attacked military sites in Iran in retaliation for the Middle East nation launching projectiles at Navy warships that were transiting the Strait of Hormuz to the Strait of Oman. " Iranian forces launched multiple missiles, drones and
Greg Meland The US military has attacked military sites in Iran in retaliation for the Middle East nation launching projectiles at Navy warships that were transiting the Strait of Hormuz to the Strait of Oman. " Iranian forces launched multiple missiles, drones and
The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court. The decision is a victory for importers and a setback for the administration. (Image credit: Joe Raedle)
The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court. The decision is a victory for importers and a setback for the administration. (Image credit: Joe Raedle)
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA. Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis. The...
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA. Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis. The agreement will be serviced by air-cooled Blackwell platform systems to be deployed within approxima
imaginima/E+ via Getty Images One interesting company that I have not written about in over two years now is SLB N.V. ( SLB ), an oil field service company that is, in my mind, a rather interesting prospect. The last
imaginima/E+ via Getty Images One interesting company that I have not written about in over two years now is SLB N.V. ( SLB ), an oil field service company that is, in my mind, a rather interesting prospect. The last
The U.S. military also says that it "targeted Iranian military facilities responsible for attacking U.S. forces." The exchange occurred Thursday as U.S. Navy destroyers transited the Strait of Hormuz, U.S. Central Command said in a social media post. (Image credit: Razieh Poudat/ISNA)
The U.S. military also says that it "targeted Iranian military facilities responsible for attacking U.S. forces." The exchange occurred Thursday as U.S. Navy destroyers transited the Strait of Hormuz, U.S. Central Command said in a social media post. (Image credit: Razieh Poudat/ISNA)
Macquarie Group Ltd. ’s commodities and global markets division chief Simon Wright got a pay bump after profit within the bank’s key business drove earnings growth at the Australian firm. Wright’s remuneration soared about 56% to A$35.4 million ($25.5 million) for the year, the firm’s annual report showed. Chief Executive Officer Shemara Wikramanayake got A$26.5 million. Net income rose 30% to A$4...
Macquarie Group Ltd. ’s commodities and global markets division chief Simon Wright got a pay bump after profit within the bank’s key business drove earnings growth at the Australian firm. Wright’s remuneration soared about 56% to A$35.4 million ($25.5 million) for the year, the firm’s annual report showed. Chief Executive Officer Shemara Wikramanayake got A$26.5 million. Net income rose 30% to A$4.85 billion in the 12 months to March 31 from a year earlier , exceeding the A$4.41 billion average estimate of analysts surveyed by Bloomberg. The profit contribution of the commodities unit surged 49% to A$4.22 billion. The Sydney-based bank and asset manager got a bump from the shock to energy markets stemming from the Middle East conflict. Wall Street peers from JPMorgan Chase & Co. to Goldman Sachs Group Inc. have benefited from a strong start to 2026 with equities trading revenue surging . President Donald Trump’s policy moves have whipsawed markets from stocks to rates and commodities, boosting client activity and the money banks make from handling those transactions. “All of our four underlying operating businesses were able to grow their earnings, which is very pleasing,” and partly reflected “some responses to the market conditions,” Wikramanayake said in a presentation accompanying the results. The company’s commodities trading unit “was able to respond to the environment we had externally,” she added. Profit from the group’s commodities business reflected increased client hedging for gas, power and oil, the company said. Wright received A$22.7 million last year after being appointed to the role in February 2024. Meantime, the bank said it decided not to buy back further amount of its stock, citing significant business growth over recent periods, together with the prevailing market conditions. Macquarie Banker Paid More Than Dimon Leaves After 28 Years Macquarie Evacuates Some Staff Amid Fears Iran War Will Escalate Macquarie Commodity Trader’s $39 Million Pay To...
(RTTNews) - Gilead Sciences Inc. (GILD) on Thursday reported first-quarter results with profit rising from last year, supported by higher product sales and improved operating income.
(RTTNews) - Gilead Sciences Inc. (GILD) on Thursday reported first-quarter results with profit rising from last year, supported by higher product sales and improved operating income.
Earnings Call Insights: CarParts.com (PRTS) Q1 2026 Management View "In the first quarter of 2026, we reached a milestone we have been building toward for 5 consecutive quarters, our first positive adjusted EBITDA since Q1 2024." (CEO & Director David Meniane)
Earnings Call Insights: CarParts.com (PRTS) Q1 2026 Management View "In the first quarter of 2026, we reached a milestone we have been building toward for 5 consecutive quarters, our first positive adjusted EBITDA since Q1 2024." (CEO & Director David Meniane)