News

JP Morgan Chase raised its target price for Dell (DELL.N) from $165 to $205.

According to the Associated Press: Birol, the head of the International Energy Agency, said that Europe "may" have only 6 weeks of aviation fuel supply left.

TSMC (TSM.N) U.S. stocks fell 2.6% before the market opened.

Russia said that a Ukrainian drone attacked a Liberian-flagged oil tanker. The captain was a Turkish national and had been hospitalized for injuries.

Mizuho Bank: Raised its target price on Intel (INTC.O) to $59 from $48.

According to TASS: Russia says an oil tanker was attacked in its waters.

Market news: Boeing (BA.N) increased its hiring of factory workers to increase production. The company hired more than 100 factory workers in a single week.

Kremlin: (Statement on US no longer extending exemptions for Russian oil) We have learned how to minimize the impact of sanctions – and will continue to do so.

French Foreign Minister: Hezbollah must hand over weapons to Lebanese government.

Meta Platforms (META.O): Starting today, users in Europe and the UK can opt in to a new Facebook feature that showcases photos and videos and provides suggestions for editing and compositing images.

The European Commission has ordered relevant parties to submit their comments on the proposed measures by May 1. The Commission expects to issue a final, binding decision on Google on July 27.

European Commission: The measure aims to allow third-party online search engines to optimize their search services and challenge the market position of Google (GOOG.O) search.

Market news: The European Commission proposed taking measures against Google (GOOG.O), requiring it to share search engine data with third parties. The European Commission said Google should allow third-party search engines to access search data.

European Commission: German measures will take effect retroactively from January 1, 2026, until December 31, 2028.

European Commission: Germany's planned budget is 3.8 billion euros; Bulgaria's 334 million euros and Slovenia's 90 million euros.

The European Commission approves government subsidy programs in Bulgaria, Germany, and Slovenia to provide temporary electricity price relief to industry.

According to the Financial Times: The European Union plans to significantly relax rules on corporate mergers.

Southbound funds purchased a net 4.291 billion yuan today. In terms of Southbound Trading (Shanghai), Tracker Fund and China National Offshore Oil Corporation received net purchases of HK$2.192 billion and HK$523 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$863 million; in Southbound Connect (Shenzhen), Tracker Fund and Alibaba-W received net purchases of HK$491 million and HK$480 million respectively; Xiaomi Group-W ranked first in net sales, amounting to HK$289 million.

According to a Reuters survey: short bets on the South Korean won and Indian rupee fell from multi-month highs.

Market News: Anthropic plans to provide UK banks with access to “Mythos” within the next week.