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Crude Oil Soars As U.S.-Iran Peace Deal Remains Elusive

(RTTNews) - Crude oil prices have surged on Monday after the U.S. rejected Iran's proposal to end the war. In addition, oil prices gained support from reports suggesting a rapid depletion in crude oil inventories due to the U.S.-Iran war.

A beat-and-raise is key for Qnity — plus, high stakes for CEOs on Trump China trip

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Global Supply Concerns Boost Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.30 (+2.04%), and Aug London ICE white sugar #5 (SWQ26 ) is up +7.00 (+1.62%). Sugar prices are sharply higher today on concerns about tighter global supplies. Citigroup projects Brazil's 2026/27 sugar production at 39.5 MMT, well below Conab's estimate...

Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'

Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.

Barrick Launches US$3 Billion Share Buyback Following Stellar First Quarter

Barrick Mining (TSX:ABX,NYSE:B) has authorized a US$3 billion share buyback program after a supportive gold market and expectation-beating production drove a near-tripling of its free cashflow in Q1.Barrick produced 719,000 ounces of gold in the first three months of 2026, easily clearing its guidance range of 640,000 to 680,000 ounces. The operational beat was driven by strong underground mining and processing at its Nevada Gold Mines and Veladero sites, alongside an accelerated ramp up at Loulo-Gounkoto.Quarterly revenues rose by 67 percent year-on-year to US$5.22 billion.Flush with US$1.21 billion in attributable free cashflow, a 195 percent jump from the same period in 2025, the company is now moving aggressively to purchase its own stock. "We started the year with another strong quarter," said President and CEO Mark Hill in the company's Monday (May 11) press release. "Building on momentum from Q4, we operated safely and outperformed our plan on both gold production and costs. Our performance allowed us to capture even more of the higher gold price, producing significantly higher earnings and cash flow compared to a year ago."Barrick also reined in its all-in sustaining costs for gold to US$1,708 per ounce, a 4 percent drop from Q1 2025.The company further reaffirmed that its North American initial public offering (IPO) is on track to close by the end of 2026. The firm originally began discussing the move toward the end of 2025. "Our focus for the year is clear: continue to improve safety performance, deliver on production and cost guidance, advance our growth projects on time and on budget, and execute the North American Barrick IPO to unlock further shareholder value," Hill explained.Beyond gold, the company’s copper portfolio also caught a tailwind. Quarterly production rose 11 percent to 49,000 metric tons, keeping the company on track for its annual targets. However, copper all-in sustaining costs climbed 20 percent to US$3.67 per pound, largely attributable to royalties triggered by higher realized market prices and elevated site operating costs.Barrick is holding its full-year 2026 guidance steady, projecting 2.9 million to 3.25 million ounces of gold and anticipating sequential quarter-on-quarter production increases as the year progresses.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

McDonald's Q1 Earnings Call Highlights

MCD

Catching Falling Knives: Is Time to Buy These Beaten-Down Stocks?McDonald's (NYSE:MCD) reported first-quarter 2026 global comparable sales growth of 3.8% and said it gained market share in nearly all of its top 10 markets, as executives emphasized value, marketing and menu innova

FS KKR Capital Q1 Earnings Call Highlights

FSK

Top 3 Business Development Companies for Double-Digit DividendsFS KKR Capital (NYSE:FSK) reported a sharp decline in first-quarter net asset value and announced a package of strategic actions aimed at supporting shareholders, improving liquidity and stabilizing the business durin

Biggest Micron bulls on Wall Street say they're even more confident now. Here's why

BLSH

Some analysts are extremely bullish on the semiconductor maker. Others are not.

After-Hours Earnings Report for May 11, 2026 : SPG, ASTS, STE, OVV, ACM, HALO, SGHC, HIMS, RGTI, IFS, NOVT, MARA

SPG, ASTS, STE, OVV, ACM, HALO, SGHC, HIMS, RGTI, IFS, NOVT, MAR

The following companies are expected to report earnings after hours on 05/11/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Simon Property Group, Inc. (SPG)is reporting for the quarter ending March 31, 2026. The reit company's consensus earnings

El Niño Fears Boost Cocoa Prices

July ICE NY cocoa (CCN26 ) today is up +528 (+12.63%), and July ICE London cocoa #7 (CAN26 ) is up +368 (+11.82%). Cocoa prices are soaring today and posted 3.5-month highs on concerns that the formation of an El Niño weather pattern could lead to warmer, drier conditions in...