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Meta Platforms on Tuesday lost its fight ‌against an Italian regulatory order that it ‌should compensate publishers for using snippets of their news ​articles after Europe's top court sided with the Italian telecoms watchdog. The case underscores the ongoing copyright battle between publishers and creators and tech companies ‌over the use ⁠of newspaper articles or authors' work for AI training that have triggered ⁠litigation against companies including Meta, OpenAI and Anthropic for infringement.

President Trump said the cease-fire was on “massive life support." The S&P 500 added 0.2% and the Nasdaq Composite rose 0.1%. The Dow Jones Industrial rose 95 points, or 0.2%. Shares of Lumentum Holdings led the S&P 500, surging more than 16%, with Coherent and Corning also up double-digits.

Despite restructuring costs, Hims & Hers Health Inc (HIMS) reports robust international growth and raises 2026 revenue outlook.

Archer Aviation Inc (ACHR) advances in FAA certification, secures strategic partnerships, and navigates challenges in defense and infrastructure development.

Despite a significant increase in revenue and bookings, Babcock & Wilcox Enterprises Inc (BW) faces challenges with net losses and project execution uncertainties.

AST SpaceMobile Inc (ASTS) showcases robust revenue commitments and technological advancements, while navigating capital expenditures and competitive pressures.

AbCellera Biologics Inc (ABCL) progresses its lead program into Phase II, despite reporting a net loss and increased R&D expenses.

Despite a decline in net sales, Power Solutions International Inc (PSIX) showcases improved profitability, strategic acquisitions, and robust cash flow in its Q1 2026 earnings call.

Despite a significant net loss, MARA Holdings Inc (MARA) focuses on strategic acquisitions and partnerships to enhance its power capacity and financial flexibility.

Halozyme Therapeutics Inc (HALO) reports a 42% revenue surge, unveils a $1 billion share buyback, and outlines ambitious growth plans for 2026.

Despite a significant net loss, Cleanspark Inc (CLSK) focuses on expanding its infrastructure and capitalizing on AI and HPC opportunities.

Barrick Mining Corp (B) reports a robust quarter with significant increases in cash flow and earnings, alongside strategic advancements in key projects.

The Mosaic Co (MOS) reports record phosphate sales and strategic cost management amid rising raw material prices.

Constellation Energy Corp (CEG) reports robust earnings, affirms guidance, and advances sustainability and growth projects amid market challenges.

Circle Internet Group Inc (CRCL) reports significant growth in USDC circulation and on-chain transactions, while navigating regulatory uncertainties and rising costs.

Elo plans US listing in the second half of this year and could seek to raise up to $500m.

Elo plans US listing in the second half of this year and could seek to raise up to $500m.

U.S. pharma giant Bristol-Myers Squibb has struck a partnership and licensing deal with Chinese drugmaker Hengrui, in a deal that could worth more than $15 billion.

U.S. pharma giant Bristol-Myers Squibb has struck a partnership and licensing deal with Chinese drugmaker Hengrui, in a deal that could worth more than $15 billion.

Motorola Solutions (NYSE:MSI) reported a stronger-than-expected first quarter of 2026, with record revenue, record first-quarter orders and an increased full-year outlook as demand remained solid across its public safety, enterprise security and defense markets. Chairman and CEO Greg Brown called t

India's IT shares fell to a three-year low on Tuesday as investor jitters around the threat posed by artificial intelligence to flagship IT firms flared ‌up again, after OpenAI announced a new AI venture. The Nifty IT index fell 3.6% to ‌its lowest since May 2023, with Tata Consultancy Services, Infosys, HCL Technologies and Wipro falling between 2.5% and 4%. Analysts at HSBC ​said in a Tuesday note that India's top-tier IT firms largely failed to meet street expectations for earnings in March quarter as well as in their outlooks for the new financial year, adding that strong spending globally on AI could be "crowding out" demand for traditional IT services.

Marathon Petroleum (NYSE:MPC) reported stronger first-quarter 2026 results, with management pointing to improved refinery reliability, elevated refining margins and a favorable supply-demand backdrop shaped in part by geopolitical disruptions in the Middle East. On the company’s earnings call, CEO

MP Materials (NYSE:MP) reported higher first-quarter revenue and adjusted earnings as the rare earths producer posted record NdPr oxide output and sales, advanced downstream magnet operations and reiterated expectations for initial magnet revenue in the second half of 2026. Founder, Chairman and Ch

Mosaic (NYSE:MOS) executives said the company is cutting costs, curtailing some phosphate production and reducing capital spending as geopolitical disruptions drive raw material shortages and pressure fertilizer industry margins. On the company’s first-quarter 2026 earnings call, President and Chie

Hims & Hers Health (NYSE:HIMS) reported first-quarter 2026 revenue growth and raised its full-year revenue outlook, while executives said a strategic shift in the company’s weight-loss business is creating short-term margin pressure and volatility in GAAP results. On the company’s earnings call

Babcock (NYSE:BW) reported a sharply stronger first quarter of 2026, with management pointing to rising demand for power generation from utilities, industrial customers and AI data centers as a key driver of growth. Chairman and CEO Kenneth Young said on the company’s earnings call that the quarter

Archer Aviation (NYSE:ACHR) executives said the company is increasing investment across its civil air taxi, defense and aviation software efforts as it advances aircraft certification, prepares for U.S. test operations and develops a new hybrid aircraft with defense technology company Anduril. On t

SINGAPORE, May 12 (Reuters) - Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in chip stocks

WEBTOON Entertainment (NASDAQ:WBTN) reported first-quarter 2026 revenue that declined slightly from a year earlier, while profitability improved as the digital comics and storytelling platform cited stronger gross margins, cost discipline and growth in paying users. Founder and CEO Junkoo Kim said

Rigetti Computing (NASDAQ:RGTI) reported higher first-quarter 2026 revenue and highlighted the launch of its 108-qubit Cepheus-1-108Q system as management emphasized customer adoption, ongoing fidelity improvements and a sizable cash position to fund its quantum computing roadmap. Chief Executive S