Today: 13 May 2026
Browse Category

NYSE:AJG 10 February 2026

Aon stock price bounces after ChatGPT insurance app spooks brokers — what investors watch next

Aon stock price bounces after ChatGPT insurance app spooks brokers — what investors watch next

Aon shares rose 3.1% to $319.86 Tuesday afternoon, rebounding after a steep Monday drop triggered by the launch of Insurify’s ChatGPT-based insurance comparison tool. Investors remain focused on whether AI-driven apps could pressure broker fees. Aon also announced a $25 million Ukraine war-risk reinsurance facility backed by the U.S. International Development Finance Corporation. WTW and Gallagher shares saw mixed moves.
ASX 200 today: Australian shares finish flat as AI fears hit insurers; CSL slides 5%

ASX 200 today: Australian shares finish flat as AI fears hit insurers; CSL slides 5%

The S&P/ASX 200 closed down 2.7 points at 8,867.40, as insurance brokers slumped on AI competition fears. CSL dropped 5% after announcing CEO Paul McKenzie's retirement. Treasury Wine Estates surged over 8% on a U.S. dispute settlement and upgraded earnings forecast. Investors await key earnings from Commonwealth Bank and CSL on Wednesday.

Stock Market Today

  • JPMorgan Files to Launch Tokenized Money Market Fund on Ethereum
    May 12, 2026, 10:04 PM EDT. JPMorgan has filed to launch JTLXX, a tokenized money market fund investing in U.S. treasuries using its Kinexys Digital Assets blockchain platform. The fund operates on a permissioned layer atop Ethereum, with plans to extend to other blockchains. It joins Franklin Templeton's BENJI fund in the emerging tokenized fund space. JPMorgan flags risks from blockchain technology, including regulatory and technical uncertainties. This move follows JPMorgan's recent partnership with Ondo Finance, Ripple, and Mastercard to settle tokenized treasuries on the XRP Ledger. Shares in JPMorgan rose 1.63% to close at $304.88 amid growing institutional interest in blockchain finance innovations.

Latest article

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

13 May 2026
Tech stocks led declines Tuesday after April CPI data showed consumer prices rose 0.6% for the month and 3.8% year-over-year, pushing Treasury yields higher and weighing on rate-cut hopes. Brent crude settled above $107, fueling inflation concerns. The S&P 500 slipped 11.88 points to 7,400.96, while the Nasdaq lost 185.92 to 26,088.20. Chip stocks fell sharply, with Qualcomm down 11% and Intel off 6.8%.
Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

13 May 2026
Karman Holdings shares closed up 6.2% at $62.48 on May 12, then fell 11% after hours following first-quarter results and a raised 2026 outlook. Q1 revenue jumped 51% to $151.2 million, net income reached $7.8 million, and backlog hit $1.0 billion. Adjusted EPS matched the $0.11 estimate. The company announced over $1 billion in new contingent demand commitments.
Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

13 May 2026
Velo3D shares surged 24.7% to $17.53 in after-hours trading Tuesday after first-quarter revenue rose 48% to $13.8 million and net loss narrowed to $7.0 million. Gross margin improved to 17.2%. The company raised $50 million in April but remains loss-making, with a recent going-concern warning. Backlog stood near $30 million, with repeat orders above 70% of total.
Go toTop