by Stjepan Kalinic | May 8, 2026 | General
The top U.S. export in the last few months has not been oil, or AI, or any other headline-grabbing product, but rather gold. The oldest store of value, export value, has surged, shifting the composition of exports and raising questions about the ultimate destination...
by Anusuya Lahiri | May 8, 2026 | General
Broadcom Inc (NASDAQ:AVGO) shares slid on Thursday after a report said its AI chip partnership with OpenAI ran into an $18 billion financing challenge tied to the first phase of chip production. The stock is rebounding in premarket trading on Friday. Microsoft Holds...
by Badar Shaikh | May 8, 2026 | General
Toyota Motor Corp (NYSE:TM) says that the automaker has recorded an impact of over $4.3 billion due to the war in the Middle East as tensions between Washington and Tehran continue to surge. 22% Drop In Earnings During the company’s first-quarter 2026 earnings call on...
by Lekha Gupta | May 8, 2026 | General
Rocket Lab Corporation (NASDAQ:RKLB) shares are up during Friday’s premarket session. The company delivered stronger-than-expected first-quarter revenue, issued upbeat guidance, and unveiled a series of major commercial and defense wins, including its largest launch...
by Sweta Killa | May 8, 2026 | General
Global food prices continued to rise for the third consecutive month, driven by higher vegetable oil, meat and cereal prices that outweighed declines in sugar and dairy products. The FAO Food Price Index, which tracks global prices for a basket of food commodities,...
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