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Market Chatter: Intel Urges PC Makers to Adopt Advanced CPUs Amid Supply Crunch

Intel (INTC) is urging notebook and personal computer makers to increase adoption of central processing units built on its latest 18A production process as demand for artificial intelligence computing strains processor supply, Nikkei Asia reported on Tuesday.The company has told clients supply availability is better for newer Panther Lake and Wildcat Lake chips than processors built on older manufacturing technologies, according to the report.Intel 7-based CPUs, including Alder Lake and Raptor Lake models, remain under pressure, with Intel prioritizing supply toward higher-margin server and industrial applications, Nikkei reported.Intel told Nikkei Core Series 3 processors built on 18A are "integral" to its client strategy and are designed to "ramp fast and at scale," but did not confirm whether it is pushing customers to increase 18A adoption.Intel did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $112.28, Change: $+4.11, Percent Change: +3.80%

$INTC

Wire52d ago

Top Midday Decliners

Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported Tuesday, citing Estee Lauder Chief Executive Stephane de La Faverie.Shares dropped 4.5%, with intraday trading volume rising to over 2.26 million from a daily average of about 4.44 million.XP (XP) shares slumped more than 5% after the company reported Q1 results that fell short of analyst expectations.More than 8.26 million shares traded intraday, compared with a daily average of about 5.67 million.MakeMyTrip (MMYT) shares were down about 10% following its fiscal Q4 results.More than 1.12 million shares of the company traded intraday, compared with a daily average of about 1.43 million.Price: $76.12, Change: $-3.90, Percent Change: -4.87%

$EL$MMYT$XP

Sectors52d ago

Update: WTI Falls as Trump Extends U.S. Ceasefire on Iran

West Texas Intermediate (WTI) crude oil eased om Tuesday after the United States extended a ceasefire with Iran, in favor of continuing peace talks with the country.WTI oil for June delivery closed down US$0.89 to settle at US$107.77, falling off the highest since April 7. July Brent oil was last seen down $1.70 to US$110.40.The Wall Street Journal cited U.S. President Trump saying the U.S. agreed to hold off fresh attacks on Iran at the request of Persian Gulf nations and will continue to look for negotiations to end the war that has blocked 20% of daily oil demand shipped through the blockaded Strait of Hormuz."The President, at the request of several Gulf states, suspended a planned Tuesday attack, allowing what he described as "serious negotiations" to continue. No ships have reportedly left Iran's main export terminal during the past 10 days, potentially increasing the prospects for a deal. Overall, traffic through the Strait of Hormuz remains only a fraction of pre-war levels, despite the waterway accounting for roughly one-fifth of global oil supply," Saxo Bank noted.Oil has gained 62% since Feb. 28, when the U.S, and Israel launched their war on Iran, which responded by blocking the Strait, shutting off exports of oil and raising refined-product prices ahead next weekend's Memorial Day holiday in the United States, which launches the high-demand summer driving season."The likely path forward this summer is a steady draw down in jet fuel, diesel and gasoline," Bjarne Schieldrop, chief analyst commodities at SEB Research, wrote.

$CLM6$LCON6$USO

Insider Trading52d ago

Teradyne Insider Sold Shares Worth $271,184, According to a Recent SEC Filing

Marilyn Matz, Director, on May 15, 2026, sold 800 shares in Teradyne (TER) for $271,184. Following the Form 4 filing with the SEC, Matz has control over a total of 19,041 common shares of the company, with 19,041 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/97210/000090445426000305/xslF345X05/edgar.xmlPrice: $321.62, Change: $+0.57, Percent Change: +0.18%

$TER

Sectors52d ago

June WTI Crude Oil Contract Closes Down US$0.89; Settles at US$107.77 per Barrel

$CLM6$LCON6$USO

Insider Trading52d ago

Teradyne Insider Sold Shares Worth $2,914,211, According to a Recent SEC Filing

Gregory Stephen Smith, Director, President and CEO, on May 15, 2026, sold 8,597 shares in Teradyne (TER) for $2,914,211. Following the Form 4 filing with the SEC, Smith has control over a total of 124,470 common shares of the company, with 124,470 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/97210/000090445426000306/xslF345X05/ownership.xmlPrice: $321.70, Change: $+0.65, Percent Change: +0.20%

$TER

Insider Trading52d ago

Nexstar Media Group Insider Sold Shares Worth $980,000, According to a Recent SEC Filing

Sean Compton, President, Networks, on May 19, 2026, sold 5,000 shares in Nexstar Media Group (NXST) for $980,000. Following the Form 4 filing with the SEC, Compton has control over a total of 11,252 common shares of the company, with 11,252 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1142417/000119312526230363/xslF345X05/ownership.xmlPrice: $190.54, Change: $-6.01, Percent Change: -3.06%

$NXST

Wire52d ago

Update: KE Shares Rise After Q1 Beat

(Updates with the latest stock price movement in the headline and the first paragraph.)KE (BEKE) shares rose 5.9% on Tuesday after the company reported higher-than-expected Q1 results.The company reported Q1 adjusted net income Tuesday of 1.42 Chinese renminbi ($0.21) per diluted share, up from 1.19 renminbi a year earlier.Analysts polled by FactSet expected 0.97 renminbi.Revenue for the quarter ended March 31 was 18.89 billion renminbi, down from 23.33 billion renminbi a year earlier.Analysts surveyed by FactSet expected 18.63 billion renminbi.Price: $18.89, Change: $+1.09, Percent Change: +6.10%

$BEKE

Wire52d ago

Top Midday Gainers

CMB.TECH (CMBT) reported Q1 earnings and sales above market expectations on Tuesday.Shares were up 11%, with intraday trading volume at over 5.7 million from a daily average of roughly 1.7 million.Amesite (AMST) shares more than doubled after the company said late Monday it secured its largest enterprise customer to date for its NurseMagic platform, representing an approximately 2,700-patient census.More than 137.5 million shares of the company traded intraday compared with a daily average of about 589,000.Permian Basin Royalty Trust (PBT) major unitholder SoftVest and Blackbeard said late Monday they have signed a preliminary non-binding term sheet for a potential business combination.Shares advanced 5%, with intraday trading volume rising to over 203,000 from a daily average of about 163,000.Price: $16.73, Change: $+1.67, Percent Change: +11.09%

$AMST$CMBT$PBT

Wire52d ago

Market Chatter: Amazon Gains Ground in AI Chip Development

Amazon.com's (AMZN) long-running effort to develop an alternative to Nvidia's (NVDA) AI chips is starting to gain ground, The Information reported Tuesday.Anthropic and OpenAI have agreed to rent large amounts of current and future Trainium capacity from Amazon, and recent software improvements are prompting smaller developers to consider shifting workloads to the chip, the report said.Amazon did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $259.35, Change: $-5.51, Percent Change: -2.08%

$AMZN$NVDA

Wire52d ago

Market Chatter: SpaceX IPO Set to Return Over $60 Billion Each for Valor, Founders Fund

SpaceX's initial public offering is set to return close to $65 billion for Valor Equity Partners and over $60 billion for Founders Fund, according to a person familiar with the investment, The Information reported Tuesday.The estimates are based on SpaceX being valued at $1.75 trillion in the IPO, the report said.Valor Equity Partners and Founders Fund didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $404.84, Change: $-5.15, Percent Change: -1.26%

$TSLA

Commodities52d ago

Carbon Ends European Solar Gigafactory Project After 4-Year Push

Carbon will end its renewable energy semiconductor project after more than four years focused on France's energy transition and industrial expansion, the solar panel manufacturer said in a Tuesday statement.The project was launched to build a competitive European photovoltaic industry through large-scale manufacturing facilities, including a solar gigafactory.Carbon said the project required long-term government-backed market support to help European manufacturers scale production and reduce early-stage industrial costs.The company said European Union efforts to rebuild the solar supply chain have advanced slowly despite political commitments made in 2023 to support reindustrialization.Carbon said the Net Zero Industry Act, adopted in June 2024, focused on diversifying supply chains without creating specific preferences for European solar manufacturing.The company added the Industry Acceleration Act expanded "Made in Europe" eligibility in March 2026 to countries with European Union trade agreements, including Turkey, Vietnam and India, while delaying any European preference framework until 2030.Carbon said uncertainty around future European market rules and weak visibility on policy alignment between France and the European Union prevented the project from securing financing.The company thanked employees, investors, public authorities and regional partners for supporting the project, while adding the work completed still creates a foundation for future "Made in Europe" industrial initiatives.

US Markets52d ago

Equity Markets Fall Intraday as Traders Monitor Middle East Developments

US benchmark equity indexes were lower and Treasury yields jumped after midday Tuesday as traders continued to monitor developments in the Middle East.The Nasdaq Composite was down 0.4% at 25,989.8 intraday, while the S&P 500 fell 0.2% to 7,385. The Dow Jones Industrial Average dropped 0.2% to 49,578.5. Among sectors, materials saw the biggest drop, while healthcare paced the gainers.US Treasury yields were higher intraday, with the 10-year rate up 8.2 basis points at 4.67% and the two-year rate rising 7.8 basis points to 4.14%.In a social media post on Monday, President Donald Trump said the US postponed a planned military strike on Iran amid "serious" ongoing negotiations. Trump, however, cautioned that the US will proceed with a large-scale attack if a deal is not reached.Trump told reporters Tuesday that the US may need to strike Iran again, Reuters reported.West Texas Intermediate crude was down 0.1% at $108.61 per barrel intraday Tuesday, while Brent fell 1.1% to $110.86."Oil prices are gyrating between yesterday's increase after tough talk from Trump over the weekend and today's slight pullback after Trump said he held off on launching additional attacks on Iran following appeals from Gulf states," Scotiabank said in a note.Washington and Tehran have had a series of talks, but are yet to finalize a framework on a peace deal."The net effect is that oil prices have been higher since Friday and this reflects the general perception that there is no traction in negotiations," Scotiabank said. "Nor should any progress be expected in what is likely to be a stalemate."In company news, Home Depot (HD) reported fiscal first-quarter results above market expectations despite consumer uncertainty, while the home improvement retailer reiterated its full-year outlook. The company's shares were up 0.4% intraday.Nvidia (NVDA) shares were up 0.7% intraday, recovering from a slide earlier in the session.The chipmaking giant's fiscal first-quarter sales are expected to outperform market projections, with potential for "enhanced" cash returns likely to be among the key areas of focus, BofA Securities said in a note e-mailed Tuesday. Nvidia is scheduled to report results after the closing bell Wednesday.Gold was down 1.2% at $4,504.40 per troy ounce, while silver lost 3.6% to $74.65 per ounce.

Dow JonesNasdaq CompositeS&P 500$HD$NVDA

Wire52d ago

Warby Parker Debuts Eyewear Frames Featuring Google's Gemini

Warby Parker (WRBY) has unveiled an Intelligent Eyewear frame design that features Alphabet's (GOOGL, GOOG) Google's artificial intelligent assistant Gemini and works with Android XR to provide contextual, real-time assistance, the eyewear brand said Tuesday.Built in partnership with Google and Samsung, the glasses allows users to access information, manage daily tasks, navigate their surroundings, communicate and interact with apps, Warby said.Warby plans to launch its first line of Intelligent Eyewear this fall, it said.Shares of the company were down about 11% in Tuesday afternoon trading.Price: $25.58, Change: $-3.07, Percent Change: -10.72%

$GOOG$GOOGL$WRBY

Mining & Metals52d ago

CIBC Lowers Stantec's Price Target to C$160.00 From C$173.00

CIBC Capital Markets maintained its outperformer rating on the shares of Stantec (STN.TO) and reduced its price target to C$160.00 from C$173.00 after the company reported its first quarter results on May 13.Despite Stantec's Q1 results coming in ahead of expectations and maintaining its guidance for 2026, the stock traded down ~6.5%, noted CIBC, which it believes is a reflection of the ongoing uncertainty from the threat of AI."With that said, we maintain our belief that AI can be used as a productivity tool by the engineers, as well as potentially grow its revenue set," said CIBC. "We maintain our Outperformer rating and lower our price target from $173 to $160 as we lower our multiple to reflect the uncertainty in the market created by AI."While Q1 organic growth of 2.8% in the U.S. and 1.1% in Canada is below management's full-year organic growth outlook of mid- to high-single digits, management attributed the softer start to the completion of certain major mission-critical projects in the U.S. Buildings segment and the wind-down of certain Infrastructure projects in Canada, noted CIBC.The company expects organic growth to build sequentially through the balance of the year, supported by a ramp in project activity, new awards, and backlog conversion, further noted CIBC. The company added that procurement cycle activity is picking up in the U.S., and the company expects organic growth to accelerate, supported by demand across all business verticals, added CIBC."In Canada, STN expects project activity to ramp up in Q2, driven by public sector investment and continued demand in Energy & Resources, with additional longer-term upside from early-stage nation-building and defence-related opportunities," said CIBC. "In the Global segment, management expects continued strength in Water and mining activity in Latin America, while expanding hiring and leveraging its global delivery centres to support demand."CIBC also noted that, a theme that emerged from the call was the increasing shift toward larger, bundled project awards, with clients consolidating work into fewer, more integrated programs.Management notes that what were historically "smaller, discrete engagements" are increasingly being packaged into "significantly larger mandates", in some cases with project values at or above $100MM, said CIBC and noted that while these projects can take longer to ramp up, they typically run for three to five years, providing longer-term visibility."Furthermore, these projects can support pricing power, given the limited number of competitors with the capability to execute such complex projects," added CIBC. "STN sees the transition toward these larger projects as positive, with the company also emphasising its ability to balance these longer-duration programmes with smaller projects, maintaining utilization and mitigating any lumpiness in delivery."Price: $107.02, Change: $+0.63, Percent Change: +0.59%

$STN.TO

Asia Markets52d ago

US Equity Indexes Slide as Treasury Yields Surge Amid Trump's Warning to Iran in Event of No Peace Deal

US equity indexes fell after the 30-year Treasury yield hit its highest in just under two decades, while bets favoring interest rate increases jumped amid President Donald Trump's threat to resume strikes if Iran fails to reach a peace deal.The Nasdaq Composite fell 0.3% to 26,025.7, with the S&P 500 down 0.2% to 7,390.5 and the Dow Jones Industrial Average lower by 0.2% to 49,579.2 in midday trading on Tuesday.President Trump warned strikes would resume on Iran in the coming days as part of the push for a deal to end the war, after he said he had just called off a US attack, Bloomberg reported."I hope we don't have to do the war, but we may have to give them another big hit," Trump told reporters on Tuesday, referring to talks between the Gulf nations and Tehran to agree on a framework for resuming peace negotiations.When asked how long he would wait, he said: "Well, I mean, I'm saying two or three days, maybe Friday, Saturday, Sunday. Something maybe early next week - a limited period of time."The North Atlantic Treaty Organization is considering helping ships pass through the Strait of Hormuz if it doesn't get unblocked by early July, Bloomberg reported, citing a senior official in the military alliance. Several members of NATO support the idea, but it doesn't have the necessary unanimous support, the report said, citing a diplomat from a NATO country.US Treasury Secretary Scott Bessent called on world leaders at a G7 conference to help the US fight Iranian terrorism by "rooting out the financing that sustains it," CNBC reported.West Texas Intermediate crude oil futures rose 0.1% to $108.80, while Brent crude futures fell 1% to $111.03.US Treasury yields traded mixed, but elevated, as crude oil supply-shock-driven inflationary concerns boosted bets for interest rate increases from September onwards. The 30-year rate rose 2.2 basis points to 5.17%, the strongest level since 2007. The 10-year climbed three basis points to 4.65%, the highest since January 2025.The probability of a 25 basis-point increase in US interest rates in December was at 40% from 1% a month ago, according to the CME FedWatch tool midday Tuesday. The comparisons for September and October show a similar jump in rate-increase probabilities.In precious metals, gold futures fell 1% to $4,510.2, and silver futures dropped 3% to $75.11.In economic news, Redbook US same-store sales rose by 8.1% from a year earlier in the week ended May 16 after a 9.6% year-over-year increase in the previous week."Coming off last-minute Mother's Day shopping on Sunday, sales and traffic slowed across the board in the middle of the week, but picked up during the weekend as graduation, BBQ season, and warm weather approached," Redbook noted.US pending home sales increased more than expected last month as home buyers apparently shrugged off mounting economic uncertainty. The forward-looking indicator of home sales based on contract signings increased 1.4% month over month in April, the National Association of Realtors said. Analysts expected a 1% gain, according to a Bloomberg-compiled survey.

Dow JonesNasdaq CompositeS&P 500

Wire52d ago

SpaceX IPO Could Return More Than $60 Billion Each for Valor, Founders Fund, The Information Reports

$TSLA

Wire52d ago

Alphabet's Google Expands Conversational AI Across YouTube, Docs Live

Alphabet's (GOOG, GOOGL) Google unit will add conversational AI features to YouTube and Google Docs, the company said Tuesday at its developer conference.Google plans a wide release of its interactive search tool this summer, while a voice-enabled feature called Docs Live will debut for premium chatbot subscribers, the company said.The company is prioritizing automation upgrades across all business segments, CEO Sundar Pichai said at the Google I/O 2026 event.Price: $387.61, Change: $-5.50, Percent Change: -1.40%

$GOOG$GOOGL

Oil & Energy52d ago

US Oil Update: Crude Drops as Trump Halts Iran Strike, Easing Supply Fears

Crude oil futures retreated in midday trading on Tuesday after President Trump suspended a planned military strike on Iran to provide a window for peace talks, a decision that eased immediate supply disruption in the Middle East.Front-month West Texas Intermediate crude futures slipped by 0.04% to $108.62 per barrel, while Brent futures were down 1.10% to $110.84/bbl."Oil prices fell after President Trump said he had postponed a planned US military strike on Iran following appeals from Saudi Arabia, Qatar, and the UAE, raising hopes for renewed negotiations," said Soojin Kim, research analyst at MUFG.On Tuesday, Trump said he was "an hour away" from deciding whether to attack Iran before he was convinced to postpone the strike for a few days.His remarks come a day after he claimed in a social media post on Monday that the US was delaying a previously unannounced strike planned for Tuesday because several Middle Eastern leaders asked him to "hold off" in light of ongoing discussions with Iran."One might think the oil market would become increasingly numb to these headlines. However, the scale of supply disruptions is significant and growing more concerning each day that oil flows remain halted," ING strategists said.However, Iran's deputy foreign minister for legal and international affairs rejected any consideration for surrender, saying Tehran is united and ready to confront any military aggression."The United States says it has 'temporarily' stopped the attacks on Iran to give negotiations a chance, but at the same time speaks of readiness for a massive offensive at any moment," Kazem Gharibabadi said, adding that Trump's remarks mean calling "threat" a "peace opportunity."The ongoing Middle East conflict has effectively closed the Strait of Hormuz, a critical waterway that handles about 20% of global oil and liquefied natural gas supplies, creating the world's largest oil supply disruption, according to the International Energy Agency.The US Navy has redirected 88 Iran-linked commercial vessels and disabled four others since imposing the blockade on April 13, the US Central Command said in a social media post on Tuesday.Iran unveiled a new body, the Persian Gulf Strait Affairs Authority, on Monday to oversee activities related to Hormuz. The agency said it would issue guidance to vessels transiting the waterway, including emails outlining passage rules and regulations.Saxo Bank strategist said traffic via the Strait remains only a fraction of pre-war levels, despite the waterway accounting for about one-fifth of global oil supply.On Tuesday, the US sanctioned over 50 entities, including oil and gas tankers as well as an Iranian foreign currency exchange, in its continued bid to get Tehran to agree to a deal and reopen the Hormuz.

Sectors52d ago

Sector Update: Energy Stocks Higher Tuesday Afternoon

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.5% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.9%.The Philadelphia Oil Service Sector Index was falling 0.1%, and the Dow Jones US Utilities Index rose 0.6%.Front-month West Texas Intermediate crude oil was fractionally lower at $108.62 a barrel, and the global benchmark Brent crude contract was dropping 1.1% to $110.83 a barrel. Henry Hub natural gas futures rose 2.5% to $3.10 per 1 million BTU.In sector news, President Donald Trump threatened to resume strikes on Iran in the coming days as part of the push for a deal to end the war, after he said he had just called off a US attack, Bloomberg reported. "I hope we don't have to do the war, but we may have to give them another big hit," Trump told reporters on Tuesday. When asked how long he would wait, he said: "Well, I mean, I'm saying two or three days, maybe Friday, Saturday, Sunday. Something maybe early next week -- a limited period of time."Separately, NATO is considering helping ships pass through the Strait of Hormuz if it doesn't get unblocked by early July, Bloomberg reported, citing a senior official in the military alliance.In corporate news, Cenovus Energy's (CVE) addition of MEG Energy's Christina Lake asset to its portfolio late last year has created a huge in-situ oil sands complex which should yield synergistic development opportunities for decades to come, RBC Capital Markets said in a note. Cenovus shares rose 0.1%.Equinor (EQNR) shares gained 2.5% after it said it signed a five-year agreement with Dutch energy provider Eneco to supply natural gas from the Norwegian continental shelf.BP (BP) maintained the lockout at its Whiting refinery in Indiana after failing to reach a deal with the United Steelworkers, or USW, Local 7-1, the company said. BP shares were up 0.6%.

$BP$CVE$EQNR

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Asia Markets52d ago

US Equity Indexes Slide as Treasury Yields Surge Amid Trump's Warning to Iran in Event of No Peace Deal

Dow JonesNasdaq CompositeS&P 500