New World Department Store China Limited
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Sinarmas Land Limited (A26.SI) Holds S$0.375 on Steady Real Estate Outlook
A26.SI stock trades flat at S$0.375 with strong 138.9% one-year gain. Real estate developer shows resilience amid sector headwinds.
Cisco Layoffs: Revenue Jumps 12% to $15.8B, Net Income Hits $3.4B as Networking Orders Surge 50%+ and 4,000 Jobs Cut
On May 13, 2026, Cisco surprised Wall Street with a strong earnings report. The company posted $15.8 billion in quarterly revenue, up 12% year over year, while net income reached $3.4 billion. At the same time, Cisco announced plans to cut nearly 4,000 jobs as it shifts deeper into AI and cloud infrastructure. Networking orders…
Adani Enterprises (NSE: ADANIENT) Shares Jump 5% After 60 Lakh Shares Worth ₹1,435 Crore Traded
The Adani Enterprises stock witnessed strong buying interest in the Indian equity market as large block deal activity triggered a sharp price movement. The shares of Adani Enterprises (NSE: ADANIENT) surged nearly 5% after around 60 lakh shares worth nearly ₹1,435 crore changed hands in a major institutional transaction. The move attracted attention from both…
Soluna Holdings Surges 21% on AI Infrastructure Pivot
SLNH stock jumps 21% as Soluna transitions to renewable AI infrastructure with 4.3 GW pipeline ahead of earnings.
BMW Leadership Change May 14: Milan Nedeljković Takes Helm
Milan Nedeljković becomes BMW CEO on May 14, 2026, signaling a strategic shift amid EV transition and profitability challenges.
Tech Mahindra Stock Drops 4.5% as IT Sector Faces Headwinds
TECHM.NS stock falls 4.5% to INR 1,331.50 on NSE. Tech Mahindra faces sector pressure amid IT services volatility.
PRMRF Maintained by RBC & CIBC, May 2026
RBC Capital and CIBC maintained ratings on Paramount Resources (PRMRF) with raised price targets on May 13, 2026.
TOLWF Maintained at Sector Perform by RBC Capital, May 2026
RBC Capital and TD Securities maintained hold ratings on TOLWF while raising price targets on May 13, 2026.
Asia FX Muted as Trump-Xi Summit Begins; USD/CNY Hits 6.7862, Rupee Falls to ₹95.853/$
Asian foreign exchange markets stayed largely quiet as global investors turned cautious on Thursday. The focus was on the high-stakes Trump–Xi summit, which is shaping short-term currency sentiment across Asia FX. The Chinese yuan held steady near 6.7862 per dollar, while the Indian rupee weakened to ₹95.853/$, marking continued pressure on emerging Asian currencies. Overall,…