Real-time News

South Korea's April CPI rose 2.6% year-on-year, in line with expectations and down from 2.20% previously.

South Korea's April CPI rose 0.5% month-on-month, below the expected 0.50% and the previous reading of 0.30%.

According to The Information, Meta Platforms (META.O) is developing an AI agent called "Hatch" and is building an agent-based shopping tool on Instagram.

May 6th - Bond traders are increasing their bets that the Federal Reserve's next policy move will likely be a rate hike rather than a rate cut. Swap contracts linked to central bank interest rate decisions currently show that the market expects a greater than 50% probability of a Fed rate hike before April next year, prior to any rate cut. More and more traders are also increasing their positions to hedge against the risk of a rising probability of a rate hike before the end of the year. This shift in market conditions comes as policymakers appear increasingly divided on the interest rate outlook. Lawrence Gillum, chief fixed income strategist at LPL Financial, believes that the possibility of a rate cut this year still exists, but this probability will gradually decrease as the conflict with Iran continues. He stated, "There's no doubt that Warsh's path forward will be challenging."

Lucid Group (LCID.O) executives: Due to geopolitical conflicts, there were some delays in the delivery of equipment to the Saudi factory, but the team has successfully mitigated the situation.

According to the UAE's national news agency, the UAE president received phone calls from several leaders, including Israeli Prime Minister Netanyahu, who condemned Iran's attack on the UAE and expressed their support for the measures the UAE has taken to maintain security.

AMD (AMD.O) shares rose more than 11% in after-hours trading.

ChatGPT has announced its availability as a plugin for Excel and Google Sheets. ChatGPT states that it helps analyze messy data, write formulas, update spreadsheets, and explain the steps involved—all without leaving the spreadsheet interface. The service will be powered by GPT-5.5.

U.S. State Department: U.S. Secretary of State Marco Rubio spoke with Russian Foreign Minister Sergey Lavrov today.

According to filings with the U.S. Securities and Exchange Commission (SEC), Alphabet has submitted applications for four tranches of notes issuance totaling C$8.5 billion.

Cerence AI: The International Trade Commission's complaint requests a limited exclusion order to ban the importation of certain smart devices, including speakers, monitors, televisions, tablets, and streaming devices, into the United States.

AMD (AMD.O): The company expects PC shipments to decline in the second half of the year due to rising memory and component costs.

AMD (AMD.O): Data centers are now a major driver of revenue and profit growth.

AMD (AMD.O): Shipments of Meta chips are expected to begin as scheduled in the second half of the year.

Fitch: Argentina's economy is projected to grow by 3.2% in 2026.

Fitch: Argentina’s rating reflects structural improvements in its fiscal and external balance of payments, progress in reforms, and a positive outlook for foreign exchange reserve accumulation.

AMD (AMD.O): The company expects its CPU revenue to grow by more than 70% in the second quarter.

AMD (AMD.O): The CPU market is expected to grow at an annual rate of over 35% by 2030.

Fitch: Argentina's current account deficit is expected to narrow slightly to 1% of GDP this year.

Fitch Ratings upgraded Argentina's rating to "B-" with a stable outlook.