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ASX 200 Top Gainers: Telix Pharma Jumps 3.23% on FDA

ASX Plunges On Banking Sell-Off As CBA Crashes 10% In Record $25 Billion Market Wipeout

SYDNEY — The S&P/ASX 200 index tumbled Wednesday as heavy selling in the banking sector, led by a dramatic 10 percent plunge in Commonwealth Bank of Australia shares, wiped out more than $25 billion in market value in one of the biggest single-stock losses in recent Australian history.

Zebra Technologies Stock Soars 16.75% On Strong Q1 Earnings Beat And Raised 2026 Outlook
LINCOLNSHIRE, Ill. — Zebra Technologies Corporation (NASDAQ: ZBRA) shares exploded higher Tuesday, surging 16.75% or $253.31 to trade near $1,765 midday as investors cheered better-than-expected first-quarter 2026 results and an upgraded full-year forecast.
Buy Or Sell AMD Stock In 2026? Analysts Bullish On AI Momentum Despite Recent Pullback
NEW YORK — Advanced Micro Devices Inc. (NASDAQ: AMD) shares pulled back sharply Tuesday, dropping more than 5% to around $434 as investors took profits after a strong run driven by artificial intelligence demand.
AMD Stock Plunges 5.27% To $434 As Profit-Taking Hits AI Chip Leader After Recent Rally
NEW YORK — Advanced Micro Devices Inc. shares tumbled more than 5% in midday trading Tuesday, falling to $434.59 as investors locked in gains following a sharp run-up in the artificial intelligence chipmaker's stock.
EBay Rejects GameStop's $56 Billion Takeover Bid As 'Neither Credible Nor Attractive'
SAN JOSE, Calif. — eBay Inc. on Tuesday formally rejected GameStop Corp.'s unsolicited $56 billion takeover offer, calling the proposal from the meme-stock-fueled video game retailer "neither credible nor attractive" in a sharply worded letter to GameStop Executive Chairman Ryan Cohen. The swift dismissal ends — at least for now — one of the most audacious corporate power plays in recent memory, with eBay's board citing deep concerns over financing, operational risks and governance.

Microsoft Stock Rises To $409 As Cloud, AI Growth Offset Heavy Capex In Strong Q3

NEW YORK — Microsoft Corp. (NASDAQ: MSFT) shares climbed modestly to $409.01 in midday trading Tuesday, up 0.88%, as investors digested the software giant's robust fiscal third-quarter 2026 results and continued optimism around its artificial intelligence and cloud leadership despite elevated capital spending.

Apple Stock Edges Higher Near $294 As Record Earnings, AI Investments And Buyback Boost Confidence In 2026

NEW YORK — Apple Inc. (NASDAQ: AAPL) shares rose modestly to $293.84 in midday trading Tuesday, up 0.40% or $1.16, as investors continued rewarding the tech giant's strong fiscal second-quarter 2026 performance and aggressive capital return program.

Economy in Focus

Australia's Two-Speed Housing Market Cools As Sydney, Melbourne Prices Slip In 2026
SYDNEY — Australia's $12.6 trillion residential property market is showing clear signs of divergence and moderation in early 2026, with house prices falling in Sydney and Melbourne while resource-driven cities like Perth and Brisbane continue to post strong gains amid persistent supply shortages and shifting interest rate pressures.
Most Aussie CEOs Believe Junior Roles Will Be Most Affected By AI Adoption — Survey
Airbus CEO Warns Of New Geopolitical Risks After 'Significant' Trade Damage

More News

Nancy Guthrie Update: DNA Analysis Progressing And A Massive Reward In Place
TUCSON, Ariz. — Three months after 84-year-old Nancy Guthrie vanished from her Catalina Foothills home in a suspected nighttime abduction, the high-profile investigation remains active but unresolved, with authorities confirming DNA analysis is still underway and no arrests or named suspects as the search stretches into its fourth month.

Alphabet Stock Rises As Google Cloud AI Boom Fuels Optimism In 2026

NEW YORK — Alphabet Inc. Class C shares (NASDAQ: GOOG) climbed 1.21% to $384.23 in morning trading Tuesday, May 5, extending gains from a strong first-quarter earnings report that highlighted accelerating Google Cloud growth and the company's deepening push into artificial intelligence.

Business

Life

10 Things You Must Know About FliKEZE: Rising Star In At-Home Red Light Therapy And Wellness Tech
NEW YORK — FliKEZE, a fast-growing wellness brand specializing in affordable, high-performance red light therapy devices and smart recovery tools, has surged in popularity in 2026 as consumers seek non-invasive solutions for pain relief, skin rejuvenation, muscle recovery and overall wellness from the comfort of home.
Dubai International Airport Fully Open Today with Ramp-Up in Flights After Airspace Recovery
Wordle Fans Solve 'DOWDY' as NYT Connections #1067 Delivers Sandwich Surprises & Jelly Twists on May 13, 2026

Technology

Galaxy Z Fold Or Wait For IPhone Foldable? Samsung Leads While Apple Prepares 2026 Entry
NEW YORK — Samsung's Galaxy Z Fold series continues dominating the foldable smartphone market in 2026, leaving potential buyers weighing whether to purchase the latest Z Fold 8 now or hold out for Apple's long-rumored foldable iPhone expected later this year. The decision hinges on immediate needs versus anticipation of Apple's ecosystem integration and premium build quality in its first book-style foldable device.
iPad Mini 2026 Release Date Looms: OLED Upgrade Expected Fall 2026 in Major Refresh
Is Spotify Down Now? App Experiences Minor Glitches as Users Report Playback and Login Issues on May 13

News

Entertainment

Olivia Rodrigo Unraveled Tour 2026: Full Schedule, Presale Times And Ticket Guide For Massive Run
LOS ANGELES — Olivia Rodrigo announced "The Unraveled Tour," a sweeping 65-date global arena run supporting her highly anticipated third studio album "you seem pretty sad for a girl so in love," set for release June 12 via Geffen Records. The tour kicks off Sept. 25, 2026, with back-to-back nights at PeoplesBank Arena in Hartford, Connecticut, and stretches into May 2027 across North America, Europe and the UK.
(VIDEO) Julia Louis-Dreyfus Delivers Brutal Veep-Style Roast of Stephen Colbert in Emotional Late Show
'Revenge of the Nerds' Icon Donald Gibb, Beloved Ogre, Dies at 71 After Health Battle

ASX Plunges On Banking Sell-Off As CBA Crashes 10% In Record $25 Billion Market Wipeout

Zebra Technologies Stock Soars 16.75% On Strong Q1 Earnings Beat And Raised 2026 Outlook

Buy Or Sell AMD Stock In 2026? Analysts Bullish On AI Momentum Despite Recent Pullback

AMD Stock Plunges 5.27% To $434 As Profit-Taking Hits AI Chip Leader After Recent Rally

EBay Rejects GameStop's $56 Billion Takeover Bid As 'Neither Credible Nor Attractive'

FTSE 100 Miners and Testing Giant Soar: Top 5 Gainers Lead Rally as Commodities Surge on May 13

Meghan Markle Feels 'Ashamed' of Ailing Father Thomas Despite Health Crisis, Royal Expert Claims

Apple's Foldable iPhone Ultra Set to Revolutionize 2026 Lineup with Crease-Free Design and $2,000 Price Tag

FTSE 100 Surges Past 10,300 as Miners and Energy Stocks Lift London Amid Global Tensions

Anthony Edwards Injury Update: Edwards Powers Through Lingering Knee Injury as Timberwolves Face Elimination

Kevin Durant Trade Rumors Heat Up After Rockets Playoff Exit: Potential Destinations and Blockbuster Scenarios

Oracle Stock Drops 3.6% to $186.83 as AI Spending Concerns Weigh on Cloud Giant Amid Market Volatility

Australia Fuel Crisis Deepens in May 2026 as Middle East War Disrupts Supplies and Budget Relief Kicks In

Microsoft Stock Rises To $409 As Cloud, AI Growth Offset Heavy Capex In Strong Q3

Apple Stock Edges Higher Near $294 As Record Earnings, AI Investments And Buyback Boost Confidence In 2026

Australia's Two-Speed Housing Market Cools As Sydney, Melbourne Prices Slip In 2026

Most Aussie CEOs Believe Junior Roles Will Be Most Affected By AI Adoption — Survey

Airbus CEO Warns Of New Geopolitical Risks After 'Significant' Trade Damage

Nancy Guthrie Update: DNA Analysis Progressing And A Massive Reward In Place

NASA Quietly Drops Over 12,000 Stunning Artemis II Photos From Historic Lunar Flyby

Luka Doncic Injury Update: Lakers Star Not Running Yet, Still Weeks From Return

Cinco De Mayo 2026: Honoring Mexican Resilience At Battle Of Puebla 164 Years Later

Alphabet Stock Rises As Google Cloud AI Boom Fuels Optimism In 2026

Gold Plunges Over 2% To $4,527 As Pullback Deepens In Volatile 2026 Market

Fair Work Commission Abolishes Junior Pay Rates For 18- To 20-Year-Olds In Landmark Ruling

Alphabet Shares Hover Near Buy Territory As AI Momentum Offsets Macro Headwinds, Analysts Say

GameStop Shares Edge Higher In Early Trade As Meme Stock Volatility Persists

10 Things You Must Know About FliKEZE: Rising Star In At-Home Red Light Therapy And Wellness Tech

Dubai International Airport Fully Open Today with Ramp-Up in Flights After Airspace Recovery

Wordle Fans Solve 'DOWDY' as NYT Connections #1067 Delivers Sandwich Surprises & Jelly Twists on May 13, 2026

Galaxy Z Fold Or Wait For IPhone Foldable? Samsung Leads While Apple Prepares 2026 Entry

iPad Mini 2026 Release Date Looms: OLED Upgrade Expected Fall 2026 in Major Refresh

Is Spotify Down Now? App Experiences Minor Glitches as Users Report Playback and Login Issues on May 13

Australia Fuel Crisis May 2026: Supplies Improve To 46 Days Of Petrol But Diesel Shortages Persist

5 Key Reasons Behind Australia's Biggest Bank Sell-Off: CBA Shares Crash 10% in $25 Billion Wipeout

CBA Plunges 10.4% in Record $25 Billion Wipeout as Bad Debts and Budget Tax Changes Hammer ASX Banks

ASX 200 Slumps 0.52% as CBA Plunges on Budget Tax Changes and Rising Bad Debts

Olivia Rodrigo Unraveled Tour 2026: Full Schedule, Presale Times And Ticket Guide For Massive Run

(VIDEO) Julia Louis-Dreyfus Delivers Brutal Veep-Style Roast of Stephen Colbert in Emotional Late Show

'Revenge of the Nerds' Icon Donald Gibb, Beloved Ogre, Dies at 71 After Health Battle