The Telegraph : Finland Prepares for Break-up of Eurozone
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- S&P 500 could hit 8,000 HSBC strategists say
- The latest Trump pump: US to loan 53.3 million barrels from Strategic Petroleum Reserve
- investingLive Americas FX news wrap 11 May: Markets stall as Iran tensions simmer
- UAE carried out covert strikes on Iran as Gulf war escalated, WSJ report says
- US stocks close marginally higher.
- Economic and event calendar Asia Tuesday, May 12, 2026 - BoJ will give us their thoughts
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HSBC raised its year-end 2026 S&P 500 target to 7,650 from 7,500, lifting EPS growth forecasts by 8% on stronger Q1 results, while warning the rally remains dangerously narrow. Maybe 8K!
Iren drops 9.89% on $2B debt offering; AI growth vs. dilution risk looms.
SPT's 0.8x P/S valuation masks weak growth & losses. GPC's 13.4x P/E faces retail challenges. BYD's 11.5x P/E shows slow growth.
LA Port sees 5.7% volume jump despite Iran war fuel costs up 20% & trade uncertainty.
FIXD gains 5.6% yearly, but lags S&P 500. Commonwealth adds $2M stake, eyeing yield.
PANL beats Q1 revenue & EPS estimates! Sales up 38.9%, margins improve. Buy signal?
NVTS jumps 24.5% on India partnership news, but valuation is 135x sales. High short interest fuels rally.
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