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SpaceX Launches 24 Starlink Satellites Amid Accelerating May Schedule
SpaceX launched 24 Starlink satellites from Vandenberg Space Force Base, landing the Falcon 9 booster on a Pacific droneship. The mission was the company's 55th launch of 2026.
Apple Settles $250M Siri Advertising Class Action Over Delayed AI Features
Apple will pay $250 million to settle a class action alleging false advertising for delayed Siri AI features, with eligible U.S. consumers receiving at least $25 per device.
XRP Holds Above $1.40 as ETF Inflows and Regulatory Hopes Collide
XRP traded near $1.43 early Wednesday, supported by $11.28 million in spot ETF inflows and renewed optimism over U.S. crypto legislation progress.
India Stocks Give Up Early Gains; Banks Rise on Credit Guarantee
Indian shares gave up early gains Wednesday, with the Sensex slipping 177 points. Banks and airlines rose on a new credit-guarantee scheme, while FMCG and oil-and-gas stocks fell.
FTSE 100 Bounces Back as Miners, Banks, and Diageo Lead Recovery
The FTSE 100 rallied 1.6% on Wednesday, recovering from Tuesday's drop, with miners, banks, and Diageo leading gains as oil prices eased and US-Iran talks progressed.
ASX 200 Surges 1.3% as Banks and Miners Rally Following RBA Rate Hike
Australian shares jumped 1.3% to 8,793.60, their highest close since early April, driven by gains in banks and miners after the RBA rate hike.
Middle Eastern Penny Stocks Shine Amid Market Turmoil
Middle Eastern penny stocks draw attention amid volatility. Orçay Ortaköy Çay posts sales but losses; Allmed Solutions pre-revenue. Live cattle futures rise.
Transocean Shares Drop 9% Despite $1.6B in New Contracts
Transocean shares fell 9.16% after reporting an adjusted Q1 loss of $28 million, despite $1.6 billion in new contracts. The DOJ's second request for the Valaris deal adds regulatory uncertainty.
Upstart Stock Plunges 14% as Profit Margins Disappoint Despite Surging Loan Volume
Upstart shares tumbled 13.9% after hours as the AI lender's wider net loss and lower adjusted EBITDA overshadowed a 44% revenue surge and robust loan growth.
Occidental Petroleum Q1 Profit Tops Estimates, Debt Reduction in Focus
Occidental Petroleum reported Q1 adjusted EPS of $1.06, above expectations, as US production rose. The company reduced debt to $13.3 billion and lowered its full-year production forecast. CEO transition planned for June 1.