Today: 23 May 2026

Google dodges $2.36 billion disgorgement bid in privacy class action, but $425 million verdict stands

Google dodges $2.36 billion disgorgement bid in privacy class action, but $425 million verdict stands

A U.S. judge in San Francisco refused to order Google to pay $2.36 billion in alleged profits or impose a broad injunction in a privacy class action. The court left intact a $425 million jury award and denied Google’s bid to decertify the class. Google plans to appeal the September verdict. The case centers on Google’s collection of app activity data despite users disabling a privacy setting.
1 February 2026
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India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

Finance Minister Nirmala Sitharaman on Sunday announced a Rs 10,000 crore SME Growth Fund and a Rs 2,000 crore top-up for the Self-Reliant India Fund to support MSMEs. The budget also targets revival of 200 legacy industrial clusters and links government procurement data with invoice-financing platforms. Indian stocks rose during the rare Sunday session as the budget was presented.
1 February 2026
Hongkong Land stock price at $8.49 as buybacks stay in focus heading into Monday

Hongkong Land stock price at $8.49 as buybacks stay in focus heading into Monday

Hongkong Land closed at $8.49 in Singapore, up 0.12% after buying back 170,000 shares at an average $8.47, according to a London filing. The group had 2.16 billion shares outstanding with no treasury shares. Singapore buybacks have slowed ahead of February earnings. Hong Kong’s economy grew 3.8% in Q4, with property stocks gaining on optimism over U.S. rate cuts and tenant demand.
1 February 2026
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Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake

Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake

Nvidia’s proposed $100 billion investment in OpenAI has stalled amid internal concerns, with talks shifting to a smaller deal, The Wall Street Journal reported. Amazon is negotiating a separate investment of up to $50 billion, while OpenAI has signed a $10 billion-plus compute agreement with Cerebras, according to Reuters. Bloomberg says Nvidia-OpenAI talks have collapsed. OpenAI did not comment.
1 February 2026
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Palantir Technologies co-founder Peter Thiel ditched Nvidia for Apple and Microsoft — here’s what the filings show

Palantir Technologies co-founder Peter Thiel ditched Nvidia for Apple and Microsoft — here’s what the filings show

Thiel Macro LLC reported no Nvidia shares in its latest U.S. stock filing, after holding 537,742 at end-June 2025. The fund listed stakes in Tesla, Apple, and Microsoft as of September 2025, with U.S. equity holdings dropping to $74.4 million from $212 million three months earlier. The portfolio shift is drawing attention as investors reassess AI exposure before Monday’s market open.
1 February 2026
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Yangzijiang Shipbuilding share price slips to S$3.34 as risk-off mood builds — what to watch next week

Yangzijiang Shipbuilding share price slips to S$3.34 as risk-off mood builds — what to watch next week

Yangzijiang Shipbuilding fell 1.8% to S$3.34 on Friday, the steepest drop on Singapore’s Straits Times Index, with no company-specific news. About 13.7 million shares changed hands as the STI slipped 0.5%. Asia-Pacific stocks broadly weakened after soft U.S. and European closes. Traders await Monday’s open for signs of further selling or a rebound.
1 February 2026
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UOB stock price slips to S$38.27 as Singapore banks cool — what to watch next

UOB stock price slips to S$38.27 as Singapore banks cool — what to watch next

United Overseas Bank closed at S$38.27 on Jan. 30, down 0.98%, as Singapore’s STI slipped 0.5% led by declines in major banks. UOB traded about 3 million shares with turnover near S$115.7 million. The bank will release full-year 2025 results on Feb. 24 before market open. UOB also acted as joint global coordinator for Singapore Airlines’ S$500 million notes issue announced Friday.
1 February 2026
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Stock Market Today

  • Thailand's Strong Sugar Exports Weigh on Sugar Prices
    May 23, 2026, 5:00 PM EDT. Sugar prices fell on July 21 as strong Thai sugar exports pressured the market. July New York sugar futures dropped 1.34% while August London white sugar closed down 0.58%. Thailand's sugar exports for January-April 2026 rose 29% year-on-year to 1.6 million metric tons (MMT), the second-largest exporter globally. The International Sugar Organization (ISO) forecasts record global sugar production of 182 MMT for 2025/26, with a surplus of 2.2 MMT. However, concerns over a possible El Niño weather event-expected to reduce rainfall in key producing countries Brazil, India, and Thailand-support price stability. Analysts project a global deficit of around 262,000 MT in 2026/27 due to production cuts and export bans, creating a complex backdrop for sugar markets.

Latest articles

P&G Shares Edge Higher Before Market Close As Inflation Looms

P&G Shares Edge Higher Before Market Close As Inflation Looms

23 May 2026
Procter & Gamble shares closed Friday at $144.44, up 0.73% for a 2% weekly gain, ahead of the Memorial Day market closure. The stock remains well below its 52-week high of $170.99. P&G last reported a 7% rise in net sales and warned of a $1 billion post-tax profit hit in fiscal 2027 from higher oil prices. Colgate-Palmolive Pakistan plans to acquire P&G’s Karachi facility as P&G exits direct operations there.
Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

23 May 2026
Disney shares closed Friday at $103.00, down 0.56% for the day but up 0.3% for the week, ahead of a three-day U.S. market break. The New York Stock Exchange is shut until Tuesday for Memorial Day. Investors await box-office results for “The Mandalorian and Grogu,” expected to open with $75 million to $100 million in U.S. and Canadian ticket sales. The next key U.S. inflation reading is due Thursday.
Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

23 May 2026
Energy Transfer closed at $20.07 Friday, up 0.3% for the day but down 0.4% for the week. U.S. regulators allowed the Dakota Access Pipeline to keep operating under stricter conditions after an environmental review. The S&P 500 rose 0.9% for the week, while the Dow ended at 50,579.70. U.S. markets will remain closed through Monday for Memorial Day.
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