NewzLens · Business Daily
Iran diplomacy rattles oil markets, SpaceX eyes Pentagon billions, and Asia's bourses surge on peace hopes.
SpaceX wants the Pentagon to pay five times more for Starlink in the Iran war
With US strike drones over Iran relying on Starlink for guidance, SpaceX has told the Defense Department the current $5,000-per-terminal rate undervalues what the network is actually doing. SpaceX has told the US Defense Department that it…
The new oil order that could emerge from an Iran deal
With a U.S.-Iran deal (maybe?) taking shape in coming days, the oil market that follows will look different than what preceded the war. Why it matters: The eme…
HSBC Hong Kong targets 7.5 million customers, same number as city’s population
HSBC is targeting an increase in its Hong Kong client base to match the city’s population of 7.5 million, a goal to be driven mainly by international investors…
Tim Hortons says it will hire 10,000 locals in Canada amid boycott call, 'Singh Hortons' nickname
Energy & Geopolitics
OIL & WARTrump's Iran deal promises clash with military strikes, leaving oil markets whipsawed and Middle East stability hanging.
An agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated.
Oil prices mixed as U.S. military strikes against Iran cloud Middle East peace prospects
Donald Trump also said negotiations with Iran were "proceeding nicely," but cautioned that the U.S. could resume military action if discuss…
Oil prices fall 7% after Trump says Iran talks are 'proceeding nicely'
Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.
Silver prices today, Tuesday, May 26: Silver prices remain steady after U.S. airstrikes on Iran
Markets & Earnings
MARKETSEarnings season splits the market: chip stocks soar on guidance beats while luxury and energy stumble on strategy shifts.
The market has spoken: Ferrari shares fall after carmaker unveils first fully electric vehicle.
Dow Jones Futures Rise But Pare Gains On Mixed Iran News; Marvell, Dell Jump Before Earnings
Texas Instruments Incorporated (TXN) Rallied as Guidance Surpassed Expectations
Near-term Concerns Open Door for Diamond Hill Large Cap Strategy’s Microsoft (MSFT) Purchase
‘The market has spoken’: Ferrari shares fall after carmaker unveils first fully electric vehicle
Shares of luxury carmaker Ferrari fell sharply on Tuesday morning, shortly after the company launched its first fully electric vehicle.
Eli Lilly stock edges higher as company plans nearly $4 billion in vaccine deals
The deals are part of Eli Lilly’s effort to expand into infectious disease research and development.
BP shares fall after ousting chairman Albert Manifold, citing 'oversight and conduct' issues
The board of British energy major BP on Tuesday announced it had unanimously decided to remove Chairman Albert Manifold with immediate effect.
Tech & Startups
TECHStartups chase billions while tech giants face reality checks on AI spending and antitrust scrutiny.
Management still can't draw a clear link between AI tokenmaxxing and shipping successful products.
Amazon fulfillment competitor Stord raises $250M at $3B valuation
Stord was founded in 2015 by then-college students CEO Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech.
SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table
SPARQ, a UAE-based startup building what it calls an AI-native game engine, has opened an $8.5m seed round with early participation from th…
Uber chief warns no link yet between AI tokenmaxxing and shipping successful products — company pumps the brakes on all-out AI spending
Uber might be having a serious rethink about lavishing cash on AI services as management still can't draw a clear link between LLM use and …
Apple says U.S. is refusing to produce federal agency documents in DOJ antitrust case
Apple is asking a federal judge in New Jersey to force the U.S. government to turn over documents from 14 federal agencies that it says cou…
Asia Business
ASIAHong Kong's gleaming new mall sits empty while Seoul surges on geopolitical hopes and China eyes America warily.
Can Hong Kong airport’s Terminal 2 take off as 11 Skies, rivals pose challenges?
Inside a massive retail and office complex called 11 Skies next to Hong Kong International Airport, all 800 shops sit vacant and only two o…
South Korea's Kospi hits fresh record as hopes of U.S.-Iran breakthrough rise
Asia-Pacific markets were set to open broadly higher Tuesday, amid hopes for a breakthrough in the U.S.-Iran peace negotiations.
CNBC's The China Connection newsletter: Tariffs eased. Trust didn't.
As the largest consumer market globally, the U.S. still remains a prized destination for Chinese companies that are finding ways to address…
Consumer & Lifestyle
CONSUMERMoney buys happiness at Disney, pearls dominate jewelry, and Hunter green is having a moment.
Money will get you what you want.
It’s a Rich Man’s Disney World
Forget fairy godmothers or genies—money will get you what you want.
5 jewelry trends that are in this summer and 3 that are out, according to jewelers and stylists
Jewelers and stylists said pearls and cocktail rings are in this summer. However, dainty jewelry and logo-heavy pieces are becoming less popular.
Hunter’s iconic green inspires a new Lick paint shade perfect for any room
Interior fans are loving Hunter x Lick’s deep green ‘Green 170’ shade.