Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Google Secures Pentagon AI Deal for Classified Projects 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Hanwha Group plans to sell up to 11.1 million shares in US electric truck maker Nikola Corp or half of its stake over six months beginning June.
Hanwha holds a 5.65 percent share in Nikola worth about US$180 million as of Wednesday's closing price of $16.39 a share through its subsidiary in the US, Green Nikola Holdings.
According to a Hanwha Group spokesperson, the stake sale is for securing funds needed for new eco-friendly projects, including hydrogen. He added that Hanwha will remain as Nikola's strategic partner.
Hanwha Group, whose portfolio ranges from solar energy to aerospace, has been exploring ways to expand its renewable energy business.
Nikola is a promising hydrogen-powered truck developer. However, it is rocked by allegations of fraud spurred by a short-seller report that attracted regulators' attention.
Nikola's shares surged to a record high of $93.99 in just four days but dipped to $17.99 after the short-seller Hindenburg Research's fraud accusation in September.
