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The Latest Breaking News from JPMorgan

A 45,000-person labor strike at Samsung's memory chip plants could throw a wrench into the AI boom

Nearly 45,00

Fortune

18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breath

Samsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-day walkout starting May 21, 2026. Samsung's memory chip workers were offered 607% salary bonuses — six times more than logic chip and foundry engineers building AI…

The Economic Times

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

International Business Times UK

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Sky Harbour Group Q1 Earnings Call Highlights

Sky Harbour Group (NYSE:SKYH) reported accelerating construction investment, higher revenue and new 2026 guidance during its first-quarter earnings call, as executives said the aviation hangar developer is moving from early-stage buildout toward broader scale across its airport campus portfolio. Ch

MarketBeat

Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit

Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on…

The Economic Times

Samsung's South Korean union sticks to strike plan after talks offer; shares slide

Samsung's labor union remains committed to a strike despite the company's offer of unconditional pay talks, leading to a significant drop in shares. Negotiations over pay and bonuses have collapsed, with the union planning an 18-day walkout from May 21. Analysts warn of production disruptions and delivery reliability concerns, while…

The Economic Times

Orion Office REIT Q1 Earnings Call Highlights

Orion Office REIT (NYSE:ONL) said its first-quarter results reflected continued progress on leasing, asset sales and balance-sheet management, while its board and management continue to evaluate strategic options with advisers Wells Fargo and JPMorgan. Chief Executive Officer Paul McDowell said the

MarketBeat

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Kaynes Technology shares plunge 19%. Why JPMorgan, Nuvama downgraded the EMS stock

Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.

The Economic Times

Gilts steady as Prime Minister clings on

The yield on UK 10-year gilts traded at 5.07%, cooling from 5.10% the day before.

Evening Standard

Will Gold Hit $6,300 in 2026? JPMorgan's Bold Forecast Keeps Investors Watching Closely

JPMorgan forecasts gold could reach $6,300 per ounce by 2026, driven by central bank buying and global tensions. Analysts remain divided, with some predicting lower prices.

International Business Times UK

Lorna Hajdini looks very attractive: Megyn Kelly says she believes Chirayu Rana made up the whole sexual assault lawsuit

Conservative commentator Megyn Kelly weighed in on the latest findings of the Chirayu Rana-Lora Hajdini sexual assault lawsuit and said she thinks it is all made up because Lorna Hajdini is too attractive to fall for someone like Rana, she said. Kelly said while Lorna is very attractive, Chirayu Rana…

The Times of India

Why SanDisk’s Wild 462% Rally Has Wall Street Divided

Wall Street is split on whether SanDisk is building a long-term AI powerhouse or heading toward a painful correction.

Barchart

A second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting?

“The market has been complacent,” Chen Chien-Ming, an associate professor at NTU, says, blaming investors' "wishful thinking that the war will soon end.”

Fortune

Trump Shocks Critics After Calling Strait of Hormuz Shutdown the 'Smartest Move in History'

Trump hails Strait of Hormuz shutdown as history's smartest move, even as petrol tops $4.52 and Iran ceasefire talks collapse, escalating rhetoric in the conflict's tenth week.

International Business Times

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The Times of India

Chirayu Rana hires lawyer who represented Epstein accusers in lawsuit against JPMorgan executive Lorna Hajdini

A former JPMorgan banker accused of making explosive sexual harassment claims against a senior executive has hired a high-profile New York lawyer known for representing accusers of Jeffrey Epstein.

International Business Times UK

JPMorgan Scandal Gets Pricey: Chirayu Rana Allegedly Demanded $11.7M to Settle Case Against Lorna Hajdini

Former JP Morgan banker Chirayu Rana accuses executive Lorna Hajdini of sexual and racial abuse, seeking $11.7 million. JPMC denies the allegations, citing an internal investigation finding no misconduct.

International Business Times UK

JP Morgan Insider Claims Ex-Banker Chirayu Rana Demanded Eight-Figure Sum Before Filing Fabricated Sex Slave Lawsuit

A JPMorgan insider claims ex-banker Chirayu Rana sought an eight-figure settlement before filing a disputed lawsuit alleging sexual misconduct by a senior executive, which has been widely contested.

The Times of India

JPMorgan offered $1 million, Chirayu Rana demanded $20 million in sexual harassment lawsuit against Lorna Hajdini: Report

A high-stakes legal battle involving JPMorgan and a sex scandal has taken a fresh turn, with new details revealing a huge gap between settlements sought and offered before a controversial sexual harassment lawsuit became public.

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news in one place.

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Barchart

What to Know as Alphabet Looks Poised to Overtake Nvidia as World's Biggest Company

Alphabet’s full-stack AI strategy is helping it close the market cap gap with Nvidia. JPMorgan sees significant further upside in GOOGL shares through the remainder of 2026.

The Times of India

‘She invited me to bedroom and...’: Fresh claims emerge in JPMorgan sex harassment case involving Chirayu Rana and Lorna Hajdini

Two new witness accounts have come out and testified on a high-profile sexual harassment lawsuit involving JPMorgan.

International Business Times UK

Hailey Bieber Met Gala 2026 Look Goes Viral as Fans Debate Her 'Sad' Expression

Hailey Bieber's Met Gala 2026 appearance goes viral as fans debate her expression and red carpet presence across social media

International Business Times UK

Carrollton Shooting Update: What We Know About the Motive As Suspect Was Captured Blocks Away in Dramatic Foot Chase

Two killed and three injured in a Carrollton shooting during a business meeting, as police arrest a suspect after a brief foot chase

Fortune

Anthropic deepens push into Wall Street with new AI agents, full Microsoft 365 integration, Moody's data partnership

"The cone is even wider than I thought," Amodei said, disclosing that Anthropic projected 10x growth only to see 80x instead.

International Business Times UK

Chirayu Rana Submits New Claims Including Allegations of 'Threesome' With Witnesses Against Lorna Hajdini

Chirayu Rana, a former JPMorgan banker, has filed new allegations against executive Lorna Hajdini, including claims from anonymous witnesses.

The Times of India

'I own you, Brownie': Ex-JPMorgan banker Chirayu Rana brings 'threesome' allegation against Lorna Hajdini

Chirayu Rana, the Indian-origin former JPMorgan banker, who brought sexual assault allegations against executive Lorna Hajdini, has now filed a new claim stating that he has new evidence supporting his allegations -- an anonymous friend who was also invited by Hajdini for a threesome. The new filing includes the anonymous…

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