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Dow is about to exit correction territory, showing the old-school economy's role in the AI boom","url":"https://stock-news.laohu8.com/highlight/detail?id=2633132066","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633132066?lang=en_us&edition=fundamental","pubTime":"2026-05-06 23:32","pubTimestamp":1778081520,"startTime":"0","endTime":"0","summary":"The Dow is trading above the 49,683.30 threshold it needs to hold through the close to officially exit correction territory. The Dow Jones Industrial Average was on pace Wednesday to exit correction territory after 27 days, underscoring the important role of the \"old-school\" economy in the AI boom.Unlike the tech-centric S&P 500 SPX and Nasdaq Composite Index COMP, the 130-year-old Dow DJIA has been on a slower path to recovery from the rout that hit equities at the onset of the Iran war. The Dow includes a number of the world's biggest tech names, but is also gives investors exposure to a diverse group of 30 companies - many of the world's most financially stable and important.The Dow was up more than 625 points, or 1.3%, to about 49,925 ahead of midday trade Wednesday on renewed optimism around a potential end to the Iran war. The blue-chip index can exit correction with a close above 49,683.30.Consumers have been holding up surprisingly well despite extra costs during the Iran war, 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names Hegazy EVP Imaging, El Karkouri EVP Technology effective June 1","url":"https://stock-news.laohu8.com/highlight/detail?id=2633113194","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633113194?lang=en_us&edition=fundamental","pubTime":"2026-05-06 22:17","pubTimestamp":1778077067,"startTime":"0","endTime":"0","summary":"TGS will split executive oversight of Imaging and Technology effective June 1, 2026, in shift toward more focused operating model.Mohammed Hegazy named EVP, Imaging; joined TGS in 2024 as VP for North America and Global Software Solutions, with more than 20 years’ experience across seismic acquisition, processing, advanced imaging, and digital solutions.Wadii El Karkouri appointed EVP, Technology to lead AI-driven solutions and digital capabilities; joined in 2024, previously held senior roles at SLB and Amazon Web Services.Changes framed as aimed at improving execution, operational efficiency, and long-term technology development.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TGS ASA published the original content used to generate 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Uber is attempting to broaden the scope of its business, most recently with a deal with Expedia.Uber Technologies shares surged on Wednesday, heading toward their biggest gain in nearly a year, after the company issued upbeat guidance, despite an expected drag from the ongoing conflict between the U.S. and Iran.The results snapped a six-quarter streak in which Uber's stock  fell on the day earnings were reported.First-quarter revenue grew 14% from a year ago to $13.2 billion, slightly below the FactSet consensus, even as gross bookings came in above expectations, up 25% year-over-year to $53.7 billion. Adjusted earnings per share climbed to 72 cents from 50 cents. The top end of Uber's guidance previously provided for the current quarter and above the FactSet consensus of 69 cents.Meanwhile, Uber's stock was still down 4.6% in 2026, while the S&P 500 index SPX has gained 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opens submissions for 2026 Kindle Storyteller Award in Germany","url":"https://stock-news.laohu8.com/highlight/detail?id=2633910133","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633910133?lang=en_us&edition=fundamental","pubTime":"2026-05-06 20:29","pubTimestamp":1778070590,"startTime":"0","endTime":"0","summary":"Amazon will hold Kindle Storyteller Award 2026 prize ceremony on Nov. 4, 2026 at Künstlerhaus in Munich.Submissions remain open through Aug. 31, 2026 for eligible German-language self-published titles released via Kindle Direct Publishing during contest window.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amazon.com Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained 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raises annual growth forecast on AI-driven power demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633180830","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633180830?lang=en_us&edition=fundamental","pubTime":"2026-05-06 19:36","pubTimestamp":1778067419,"startTime":"0","endTime":"0","summary":"NiSource raises annual growth forecast on AI-driven power demandUtility NiSource NI.N on Wednesday raised its adjusted profit compound annual growth rate, after narrowly beating first-quarter profit, driven by higher power demand due to artificial intelligence-focused data centers.Rising demand from data centers is expected to push power consumption to record highs in 2026, according to the U.S. Energy Information Administration.  The Merrillville, Indiana-based company reported quarterly profit of $1.06 per share, beating analysts' average estimate of $1.05, according to data compiled by LSEG.The company raised its adjusted profit compound annual growth rate  to a range of 9% to 10% from a prior forecast of 8% to 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Q1 net income rises 7.56% to $510.7 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2633894581","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633894581?lang=en_us&edition=fundamental","pubTime":"2026-05-06 18:30","pubTimestamp":1778063443,"startTime":"0","endTime":"0","summary":"NiSource posts Q1 GAAP net income available to common shareholders of $510.7 million, or $1.06 per diluted share, up 7.56% year over year.Non-GAAP adjusted net income available to common shareholders rises to $509.6 million, or $1.06 per share, from $0.98 a year earlier.GenCo cost-savings target expands to about $1.4 billion for existing customers through collaborations with Alphabet and Amazon.2026 non-GAAP consolidated adjusted EPS guidance reaffirmed at $2.02-$2.07, reflecting about 8% year-over-year growth at midpoint.Non-GAAP consolidated adjusted EPS CAGR for 2026-2033 raised to 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SAP expand collaboration on Agent2Agent standard for multi-agent AI interoperability","url":"https://stock-news.laohu8.com/highlight/detail?id=2633186550","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633186550?lang=en_us&edition=fundamental","pubTime":"2026-05-06 18:05","pubTimestamp":1778061916,"startTime":"0","endTime":"0","summary":"IBM expanded collaborations with SAP, using Agent2Agent interoperability to let IBM Consulting Advantage agents manage SAP Joule agents alongside watsonx Orchestrate agents in multi-agent services.IBM widened cooperation with AWS, making IBM Consulting Advantage FedRAMP authorized on AWS GovCloud  to support federal deployments with compliance, security, and data residency controls.Pearson is developing an AI agent certification and continuous assessment capability on its internal AI platform modelled on IBM Enterprise Advantage.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBM - International Business Machines Corporation published the original content used to generate this news brief via PR Newswire  on May 06, 2026, and is solely 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Q Ventures makes strategic minority investment in nutrition startup NUR","url":"https://stock-news.laohu8.com/highlight/detail?id=2633185531","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633185531?lang=en_us&edition=fundamental","pubTime":"2026-05-06 17:51","pubTimestamp":1778061061,"startTime":"0","endTime":"0","summary":"Capital Q Ventures made a strategic minority equity investment in nutrition company NUR as it begins a growth capital raise to scale production and expand distribution of its clear protein water-mix.NUR is currently generating early traction through Amazon and direct-to-consumer sales, with trial driven by fitness and wellness activations.Company plans regional retail expansion through specialty accounts, with longer-term push toward broader national distribution.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital Q Ventures Inc published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained 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Is the Amazon's Amazon, and It's Growing Fast -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2633183134","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633183134?lang=en_us&edition=fundamental","pubTime":"2026-05-06 17:38","pubTimestamp":1778060280,"startTime":"0","endTime":"0","summary":"It's hard to resist a really good sale, and MercadoLibre stock looks too cheap right now.Forget Amazon.com. In the Amazon River's home turf and beyond, MercadoLibre is king. It's the dominant e--commerce and fintech platform in Latin America, serving more than 650 million people in 18 countries, though most of its revenue comes from Brazil -- where it's reached a staggering 90% of all adults -- Mexico, and Argentina. The company is growing quickly, attracting new users, and expanding into new markets and businesses. That helped the stock gain more than 30% in the one-year period after Barron's recommended it in March 2024.Nor will profits suffer too much. Consensus calls for MercadoLibre to earn $8.52 a share in the quarter, a slight year-over-year decline. But the longer view is more impressive: Analysts expect EPS to jump more than 20% this year to $47.36, and soar over 40% in 2027, to $66.41. 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extends MCP server connectivity to Amazon Quick workspace","url":"https://stock-news.laohu8.com/highlight/detail?id=2633188862","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633188862?lang=en_us&edition=fundamental","pubTime":"2026-05-06 17:02","pubTimestamp":1778058133,"startTime":"0","endTime":"0","summary":"LSEG to make licensed data and analytics available in Amazon Quick via its Model Context Protocol server, extending distribution into AWS AI workflows.Integration targets research, productivity, workflow automation, agentic applications.Customers to pull LSEG content into Amazon Quick, including pricing data, company reference data, macro indicators, ESG data, analytical models.Move positions LSEG Everywhere strategy to place AI-ready financial data inside third-party AI platforms used by financial institutions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LSEG - London Stock Exchange Group plc published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained 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