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GAP News30 articles
Mexico's International Air Travel Decline Deepens in May
International passenger traffic at Mexico's three listed airport groups dropped in May, with resort hubs hit hardest, as rising fuel costs and engine issues weigh on airline valuations.
Dell's AI Surge Lifts Wall Street to Fresh Records Amid Inflation Concerns
Wall Street hit new intraday records as Dell surged 33% on raised AI server revenue targets, lifting hardware stocks. April PCE inflation rose 3.8% year-over-year, while Gap and American Eagle fell on weak forecasts.
Coeur Mining Joins S&P MidCap 400; Shares Steady Amid Silver Price Gap
Coeur Mining (CDE) enters the S&P MidCap 400 but shares remain flat at $17.51. Spot silver at $66.18 is 20% below Coeur's Q1 average realized price, casting doubt on earnings momentum despite index-driven flows.
AI-Driven Healthcare Fraud Surge Strains Insurers, Coverage Gaps Widen
AI is fueling healthcare fraud with fake medical records and bot calls, driving up costs and exposing coverage gaps as insurers scramble to adapt.
Dow Halts for Juneteenth as Tech Rally Widens Weekly Gap
U.S. stock markets closed Friday for Juneteenth, with the Dow at 51,564.70, up 0.14% Thursday. Next week's May PCE inflation data and Micron earnings are key tests for Fed policy and the AI rally.
Grab Edges Up in Early Singapore Trade Despite Tech Selloff
Grab shares edged higher in early Singapore trade as investors weighed insider selling, Superbank consolidation, and strong Q1 earnings.
Huntsman Shares Plummet 18% After Olin All-Stock Merger Reveals Valuation Gap
Huntsman shares dropped 18% after Olin's all-stock merger deal valued the company below its last close, with the fixed exchange ratio linking its worth to Olin's declining stock price.
POET Technologies Surges on AI Photonics Hype, Financials Show Big Gap
POET Technologies rose to $13.93 on heavy volume, driven by AI photonics hopes, but with minimal revenue and a net loss, its $2.4 billion valuation remains speculative.
Grab's Growth Strategy in Focus with New Singapore Merchant Program and Taiwan Entry
Grab shares remained near flat in pre-market trading after announcing a Singapore merchant program and Taiwan partner commitments, as investors assess growth initiatives against regulatory and margin risks.
Idaho Power Seeks Approval for Two Gas Plants to Address Capacity Gaps
Idaho Power seeks state approval for two new gas plants to address projected capacity deficits of 236 MW in 2029 and 352 MW in 2030, with no immediate rate hike proposed.
Gap Shares Tumble 17.6% After Old Navy Weakness Prompts Sales Forecast Cut
Gap shares fell 17.6% to $20.60 after cutting its full-year sales forecast, citing weak demand at Old Navy, particularly in women's dresses. Net sales rose 1% to $3.5 billion, missing earlier growth targets.
CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap
CME Group will begin round-the-clock crypto futures and options trading on May 29, closing the weekend gap and ending a popular arbitrage strategy.
Singapore Airlines Profit Plunges 57% on Air India Losses and Rising Fuel Costs
Singapore Airlines' net profit fell 57.4% to S$1.18 billion, weighed down by Air India losses and higher fuel costs. The airline warns of further margin pressure in the coming year.
Grab Launches GrabStays Hotel Booking in Singapore via Nuitée Partnership
Grab Holdings launches GrabStays hotel booking in Singapore through an exclusive partnership with travel-tech firm Nuitée, expanding its superapp after a strong Q1 earnings beat.
Kraft Heinz Faces Berkshire Valuation Gap Ahead of Q1 Report
Berkshire Hathaway's Kraft Heinz stake was $1.4 billion below carrying value at March 31. KHC reports Q1 earnings May 6 with analysts expecting EPS of $0.50 on $5.89B revenue.
Singapore Blue-Chip Dividend Payouts Highlight May 2026 Calendar
Singapore blue-chip stocks, including OCBC, UOB, ST Engineering, and Jardine Matheson, are set to distribute dividends in May 2026, with OCBC paying S$0.58 per share including a special dividend.
Social Security May 2026 Disbursement Calendar Reveals Extended Payment Gaps
Some Social Security recipients will experience a 35-day interval between April and May 2026 payments, with the first regular May distribution scheduled for May 13. Benefit amounts, which increased 2.8% for 2026, remain unaffected by the timing adjustment.
Figma Shares Drop as AI Rivalry Intensifies, Valuation Gap Narrows
Figma shares declined sharply following the launch of Anthropic's Claude Design AI tool, intensifying competition in the design software sector. A new valuation analysis suggests the stock may be overvalued as investors weigh AI's impact on growth.
Market Update: Tech Rotation, Mining Surges, and Valuation Gaps
Markets on April 12, 2026, saw a notable rotation out of technology, creating opportunities in stocks like Nvidia and Alphabet. Meanwhile, Futu Holdings rallied but trades below intrinsic value, and G Mining Ventures soared despite valuation disparities.
Archer Aviation Valuation Questioned Amid Steep Decline; Singapore Mid-Caps Shine
Archer Aviation faces valuation scrutiny after shares drop 39% over three months. Meanwhile, Singapore's mid-cap stocks led by Frencken Group outperformed blue chips in Q1 2026.
Grab Debuts Autonomous Ride Service in Singapore Amid Strategic Pivot
Grab Holdings has initiated Singapore's first public autonomous vehicle ride service in Punggol, partnering with WeRide. The move aligns with Grab's strategic focus on automation and AI to improve profitability.
Global LNG Squeeze Widens Price Gap, U.S. Exports Surge
U.S. natural gas futures climbed over 2% this week, but prices remain far below European and Asian benchmarks as robust LNG export demand and international supply shocks strain global markets.
NIFTY50 Gap-Up in Focus as Derivatives Risks Loom
Markets assess whether NIFTY50 can hold its gap-up gain amid high derivatives trading risks. Commodities see mixed action with corn down on geopolitical shifts and cattle higher on supply data.
Corn Futures Dip Despite Robust Exports; Accenture, Safran Show Value Gaps
Corn futures declined slightly on Friday even as export commitments surged 30% year-over-year. In equities, valuation models suggest potential undervaluation for Accenture and Safran, contrasting with recent stock performance.
Gulf Attacks Propel Oil, Widen Brent-WTI Gap to 2015 High
Oil prices experienced extreme volatility Thursday following Iranian strikes on Gulf energy infrastructure, with Brent crude briefly exceeding $119 a barrel. The attacks have damaged Qatar's LNG export capacity and widened the key Brent-WTI spread to its largest margin since 2015.
Aviva Resumes Share Buyback Amid Stock Decline, Analysts Highlight Valuation Gap
Aviva has recommenced its £350 million share repurchase program, purchasing 20,000 shares for cancellation, even as its stock price declined. The insurer reported a 25% surge in 2025 operating profit, bolstered by its takeover of Direct Line.
NVIDIA, ABB Forge Factory AI Alliance to Bridge Simulation-Reality Gap
NVIDIA and ABB have announced a strategic partnership to embed NVIDIA's Omniverse platform into ABB's RobotStudio software, aiming to achieve near-perfect accuracy when transferring robot training from simulation to physical factories. The collaboration is a key move for NVIDIA to expand its industrial AI footprint beyond data centers.
PLS Group's Gender Pay Gap Widens Amid Corporate Restructuring
PLS Group's median gender pay gap in Australia increased to 15.2% from 11.1% the previous year, which the company attributes to corporate layoffs and a processing plant being placed into care and maintenance.
Tesla Shares Dip Amid Robotaxi Permit Gap, Insider Sale Filing
Tesla shares declined 2.9% to $417.40 as regulatory filings revealed no autonomous test miles in California for 2025 and a director's planned stock sale. The company also faces a hiring lawsuit and weaker European sales.
Electro Optic Systems Surges 14% on Singapore Laser Hub Launch, Eyes Key Results
Electro Optic Systems Holdings Ltd saw its stock climb 13.7% to A$7.16 following the official opening of its high-energy laser weapon hub in Singapore. Investors await audited financial results expected around February 19.