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Signals Chery Ambitions for US Entry but Holds Back on Timeline

Chinese automaker Chery Automobile has signalled ambitions to enter the US market but committed to no timeline, citing readiness and policy conditions as key factors. Zhang Guibing, president of Chery International, told reporters at the company's headquarters, acknowledgi

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

Wall Street Legend Predicts Elon Musk’s Net Worth Could Soon Exceed Nvidia’s Entire Market Cap

Quick Read - Nvidia (NVDA) is currently valued at $5.4 trillion, but investor Ron Baron believes SpaceX could reach a $10 trillion to $30 trillion valuation over 10-15 years through Starlink satellite internet, reusable rockets, and orbital AI infrastructure opportunities. -...</

  • mohammad501ps@gmail.com
  • May 20, 2026
  • politics

Trump, Netanyahu Clash Over Iran Policy Shift in Tense Call

Trump signals intent to halt conflict and engage in talks with Iran, drawing sharp opposition from Netanyahu over military pressure strategy. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu engaged in a tense call over Iran policy, with Trump announcin

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

NIO Set to Report Q1 Earnings With Margins and Growth Under Scrutiny

Analysts forecast a loss of $0.12 per share on $3.76B revenue as delivery growth and margin trends take center stage. NIO (NIO) will unveil its first-quarter financial results on Thursday, with Wall Street projecting a loss of $0.12 per share on revenue of $3.76 billion. T

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

Dell Technologies Set to Deliver Beat and Raise for Q1: Bank of America

Dell Technologies Inc (NASDAQ:DELL) will report its first quarter results next week, with Bank of America analysts forecasting the company will surpass Wall Street expectations on both revenue and earnings while raising its full-year outlook. The brokerage reiterated its ‘

  • mohammad501ps@gmail.com
  • May 20, 2026
  • oil

Norway’s Offshore Oil Production Beats Forecasts in April

Norwegian offshore oil production significantly exceeded expectations in April, with total liquids output climbing to 2.158 million barrels per day — 6.7% above official forecasts — as Europe grows increasingly dependent on a stable North Sea energy supply in an increasingly...</

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

Hasbro Earnings Beat as Parents Prioritize Toys Over Dining Out

Hasbro’s Q1 results topped expectations as consumers spend on toys despite inflation and high gas prices. Hasbro reported stronger-than-expected first-quarter earnings as US consumers continue prioritizing discretionary spending on toys. CEO Chris Cocks attributed the resi

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

RXO Truckload Spot Rates Hit Four-Year High, Q2 Growth Seen

RXO’s truckload spot rate index surged 16.5% year over year in Q1, the highest since 2021, with further gains expected in Q2. RXO reported its truckload spot rate index climbed 16.5% year over year in the first quarter, marking the steepest increase since the 2021 third qu

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

Kestra’s Bluespring Adds $1.1 Billion in Client Assets via New Jersey Deal

The acquisition boosts Bluespring’s assets under management by $1.1 billion, marking its fifth deal in 2025 amid a push for inorganic growth. Kestra Holdings’ registered investment advisor arm, Bluespring Wealth, has acquired Synthesis Wealth Planning, a New Jersey-based p

  • mohammad501ps@gmail.com
  • May 20, 2026
  • stocks

Carnival, Norwegian Cruise Stocks Rally as Royal Caribbean Lags

CCL and NCLH surge 9% and 11% respectively on mean-reversion bounce, while RCL rises just 2% amid smaller upside potential. Carnival (CCL) and Norwegian Cruise Line (NCLH) shares jumped 9% and 11% in midday trading, recovering from a month-long selloff. The gains reflect a

  • mohammad501ps@gmail.com
  • May 20, 2026
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