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Maersk shares fell by 7%, on track for their biggest single-day drop since April 2025.

2026-05-07

Maersk shares fell by 7%, on track for their biggest single-day drop since April 2025.

Other News
2026-05-07

At the close of the morning session, most domestic futures contracts declined, with low-sulfur fuel oil (LU), crude oil, and ethylene glycol falling by more than 5%, BR rubber and methanol falling by more than 4%, and plastics, styrene, paraxylene, P

At the close of the morning session, most domestic futures contracts declined, with low-sulfur fuel oil (LU), crude oil, and ethylene glycol falling by more than 5%, BR rubber and methanol falling by more than 4%, and plastics, styrene, paraxylene, PTA, container shipping to Europe, nickel, benzene, bottled chips, and propylene falling by more than 3%. On the upside, polysilicon rose by more than 4%, silver, platinum, and tin rose by more than 3%, and caustic soda and industrial silicon rose by more than 2%.
2026-05-07

Alibaba shares rose 11% this week, outpacing Tencent’s 2%, driven by investors enthusiasm for its semiconductor unit T-Head ahead of a planned listing. The rally follows record highs for Asian chipmakers, reinforcing hardware-focused AI themes. Tence

Alibaba shares rose 11% this week, outpacing Tencent’s 2%, driven by investors enthusiasm for its semiconductor unit T-Head ahead of a planned listing. The rally follows record highs for Asian chipmakers, reinforcing hardware-focused AI themes. Tencent’s AI model upgrades have struggled to excite investors, while Baidu, also with a chip arm, gained nearly 17%. Vey-Sern Ling of Union Bancaire Privée said Alibaba “has it all” across chip, model, and cloud segments.
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