Nonce News Desk

WIRES

Jefferies Upgrades Devon Energy to Buy, Sets $62 Target

Jefferies upgraded Devon Energy to buy from hold, raising its price target to $62 and citing the Coterra merger close and cheap valuation as key catalysts.

05/08/2026

WIRES

Rubio Expects Iran Nuclear Deal Response Friday

Secretary of State Rubio said Friday the U.S. expects Iran to respond to its war-ending proposal, warning that any Iranian move to control the Strait of Hormuz

05/08/2026

WIRES

South East Water CEO Resigns After Supply Crisis

South East Water CEO David Hinton has resigned following severe supply outages that left tens of thousands of homes in Kent and Sussex without water.

05/08/2026

WIRES

IATA and EASA Push US Jet Fuel as European Supply Crisis Deepens

IATA and EASA say adopting US-grade Jet A fuel in Europe could ease supply shortages after the US-Israel war with Iran disrupted Gulf exports.

05/08/2026

WIRES

Akamai Soars 25% on $1.8 Billion AI Infrastructure Deal

Akamai stock jumped more than 25% after the company secured a $1.8 billion AI infrastructure deal and reported 40% cloud revenue growth in Q1 2026.

05/08/2026

WIRES

Stifel Upgrades Shake Shack After 28% Post-Earnings Plunge

Stifel upgraded Shake Shack to buy after a 28% single-day drop, saying the market overreacted to soft Q1 results and the stock is the cheapest since Covid.

05/08/2026

WIRES

Premarket Movers — Akamai Surges on $1.8B Deal, Trade Desk and Upwork Slide

Akamai soared 27% on a $1.8B cloud deal while Trade Desk fell 13% and Upwork dropped 23% on weak outlooks. Key premarket movers for May 8, 2026.

05/08/2026

WIRES

South East Water CEO Resigns After Winter Supply Crisis

South East Water CEO David Hinton has resigned after supply outages left tens of thousands of homes without water across Kent and Sussex last winter.

05/08/2026

WIRES

US Jet Fuel Could Plug Europe’s Aviation Supply Gap

Aviation bodies IATA and EASA are pushing European carriers to adopt US-grade jet fuel as Middle East conflict drives prices up 50% and squeezes supply.

05/08/2026

WIRES

UK Gilt Yields Ease After Starmer Vows to Stay Despite Heavy Local Election Losses

UK gilt yields pulled back Friday after PM Keir Starmer vowed to remain in office despite Labour suffering heavy local election losses across England and Wales.

05/08/2026

WIRES

Oil Falls Below $100 as U.S.-Iran Clash Rattles Hormuz Ceasefire

Oil prices fell below $100 Friday after U.S. and Iranian forces exchanged fire in the Strait of Hormuz, raising fears that a fragile ceasefire was collapsing.

05/08/2026

WIRES

CoreWeave Shares Drop 10% After Soft Q2 Guidance and Higher Capex Forecast

CoreWeave shares fell 10% after hours as Q2 revenue guidance missed expectations and the AI infrastructure firm raised its 2026 capital spending forecast.

05/08/2026

MARKETS

Pharos Network Climbs 34% as High-Throughput Layer-1 Gains Trader Attention

Pharos Network's PROS token rose 34% in 24 hours to May 8, 2026, hitting a $119M market cap with $25M in daily volume as the layer-1 network draws attention.

05/08/2026

WIRES

South East Water CEO Resigns After Mass Supply Failures

South East Water CEO David Hinton has resigned following winter supply failures that left up to 30,000 homes without water across Kent and Sussex.

05/08/2026

WIRES

Companies Profiting From the Iran War

Oil majors, Wall Street banks and defence contractors are reporting record profits as the US-Israel war in Iran reshapes global energy and financial markets.

05/08/2026