HSBC's shares fell 5.4% following a report of heavier-than-expected credit losses driven by the war in the Middle East. The bank posted a pre-tax profit of $9.37 billion, slightly below analyst forecasts, with $1.3 billion in loan loss provisions reflecting increased economic uncertainty and fraud exposure. Despite these setbacks, HSBC raised its full-year net interest income guidance and showed growth in wealth management, especially in Asia. Investors remain cautious as the bank faces ongoing cost and impairment challenges amid geopolitical tensions.
Warner Bros. Discovery's stock fell 4% following a court decision to pause the $110 billion merger deal between Paramount and Skydance. The judge's intervention raises uncertainty about the future of this major entertainment industry consolidation. I...
OpenAI CEO Sam Altman is briefing the White House on the rollout of GPT-5.6, OpenAI's most advanced AI model, amid increased regulatory scrutiny from the Trump administration. This visit affects Worldcoin's WLD token, which investors use as a proxy f...
Bitcoin miner selling continues its long-term downward trend, with miners transferring 4,841 BTC to Binance in the past 30 days, representing nearly 99% of all miner flows to exchanges. This decline is partly due to the 2024 Bitcoin halving, which re...
Mastercard and Intel are approaching the $500 billion market capitalization milestone in 2026 due to strong growth prospects. Mastercard benefits from the global shift to digital payments, showing revenue growth of 16-17% and expanding into cybersecu...
AMD introduced its Helios rack-scale AI solution, claiming a 30% improvement in inference tokens per dollar compared to Nvidia. The company secured significant AI infrastructure contracts, including a 2GW compute deal with Anthropic and deployments o...
