AI drives markets as valuations race ahead of earnings

AI drives markets as valuations race ahead of earnings

[ad_1] Is this a legitimate re-rating of the technology sector, or an overstretched bubble? STOCK markets around the world surged to record highs in April, defying geopolitical tensions, volatile energy prices and uncertainty over interest rates, as investors crowded into a small group of artificial intelligence and semiconductor giants. The rally has been strikingly narrow.…

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Trump’s Iran War Reshapes U.S. Alliances

Trump’s Iran War Reshapes U.S. Alliances

[ad_1] Trump troop withdrawal threats strained relations with key NATO allies. Pentagon ordered removal of 5,000 troops from Germany. European governments increased defense cooperation amid war tensions. Gulf and Asian allies questioned U.S. reliability during Iran conflict. The United States has been at war with Iran since the fighting began on Feb. 28, 2026, when…

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Iran war is draining world’s oil buffer at an unprecedented pace

Iran war is draining world’s oil buffer at an unprecedented pace

[ad_1] THE WORLD has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks. The rapidly shrinking stockpiles mean that the risk of even more extreme price spikes and shortages is getting ever-closer, leaving governments and industries…

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Blake Snell returns in Dodgers’ loss to Atlanta Braves

Blake Snell returns in Dodgers’ loss to Atlanta Braves

[ad_1] If the game was viewed as an extension of spring training, which is basically what it was for Blake Snell, the Dodgers’ 7-2 loss to the Atlanta Braves on Saturday night could be charitably classified as a success. After missing the first six weeks of the season, Snell was throwing hard in his season…

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S-Reit acquisitions regain momentum as capital reopens

S-Reit acquisitions regain momentum as capital reopens

[ad_1] [SINGAPORE] Acquisition activity among Singapore Reits (S-Reits) has picked up this year, signalling a measured return to growth as financing conditions stabilise. In the first four months of the year, S-Reits announced 11 acquisition transactions with a total value exceeding S$6.3 billion, already accounting for more than 70 per cent of the total acquisition…

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Love Bonito eyes Middle East’s long-term prospects as losses trim

Love Bonito eyes Middle East’s long-term prospects as losses trim

[ad_1] Driving its reduced losses in 2024 were measures to make operations more efficient Published Sun, May 10, 2026 · 11:00 AM SINGAPORE-based fashion retailer Love Bonito felt the effects as consumers in the city-state pulled back on discretionary spending in 2025. Last year, the company’s top line came down “modestly” in 2025 compared to 2024 as…

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Lakers’ old weakness came back to haunt them vs. Thunder

Lakers’ old weakness came back to haunt them vs. Thunder

[ad_1] Many reasons explain why the Lakers are trailing their best-of-seven second-round playoff series against the Thunder. The Thunder’s depth has overwhelmed the Lakers, evident by the 82-39 combined margin the Thunder’s reserves outscored the Lakers’ in Game 1 and Game 2. The Lakers, including Austin Reaves, have struggled against the Thunder’s drop coverage in…

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