Nonce News Desk

WIRES

Oil Slides Below $100 on Fragile U.S.-Iran Peace Talks

Oil prices slipped below $100 Thursday as volatile U.S.-Iran tensions kept traders on edge over Strait of Hormuz shipping risks. (154 chars)

05/07/2026

MARKETS

Core Scientific Sells $208 Million in Bitcoin During Q1 as AI Pivot Accelerates

Core Scientific sold $208 million in **Bitcoin** [(BTC)](https://www.noncemedia.com/asset/btc) during Q1 2026 as its CoreWeave AI contract targets $10.2.

05/07/2026

WIRES

Major Rail Disruption Hits South of England After Radio Communications Fault

A radio communications fault has caused widespread train cancellations and delays across southern England, with disruption expected to last the rest of the day.

05/07/2026

WIRES

Shell Profits Surge as Iran War Squeezes Global Oil Supply

Shell posted $6.92bn in Q1 profit, up nearly a quarter year-on-year, as the Iran war shut the Strait of Hormuz and sent oil prices surging past $120 a barrel.

05/07/2026

WIRES

Japan’s Yen Defense Tests Ministry Resolve

Japan's Ministry of Finance appears to have intervened in the yen twice in days, spending an estimated $35B to defend the currency near a politically sensitive

05/07/2026

WIRES

EU Eyes Restrictions on U.S. Cloud Platforms for Sensitive Government Data

The EU is weighing rules that would limit U.S. cloud providers from processing sensitive government data, as Brussels prepares its Tech Sovereignty Package for

05/07/2026

WIRES

Oil Falls Below $100 as U.S.-Iran Strait of Hormuz Standoff Rattles Markets

Oil prices fell below $100 Thursday as traders weighed fragile U.S.-Iran negotiations and ongoing disruption to shipping through the Strait of Hormuz.

05/07/2026

WIRES

Amazon Launches First UK Drone Delivery Service in Darlington

Amazon has launched the UK's first retail drone delivery service in Darlington, offering two-hour drops within a 12km radius of its fulfilment hub.

05/07/2026

WIRES

Shell Posts Higher Q1 Profits as Iran War Tightens Oil Supply

Shell posted $6.92B in Q1 profits, topping forecasts, as the Iran war closed the Strait of Hormuz and drove oil prices sharply higher. (158 chars)

05/07/2026

WIRES

Japan Fires Yen Bazooka Twice as Markets Test Tokyo’s Resolve

Japan's Ministry of Finance appears to have intervened in the yen twice during Golden Week, but analysts warn rate gaps and IMF limits constrain Tokyo's options

05/07/2026

WIRES

Shell Beats Profit Forecasts as Iran War Drives Energy Prices Higher

Shell posted $6.92B in Q1 adjusted earnings, beating forecasts, as the Iran war lifted oil prices roughly 40% and reshaped global energy markets.

05/07/2026

WIRES

Maersk CEO Warns Iran War Will Drive Bigger Costs in Months Ahead

Maersk CEO Vincent Clerc warns the Iran war is adding $500M in monthly costs and says customers will face price hikes as Q1 EBITDA dropped 35%.

05/07/2026

WIRES

Shivon Zilis Testifies on Tesla-OpenAI Proposal in Musk Trial

Shivon Zilis testified in the Musk-OpenAI trial that Elon Musk once proposed making OpenAI a Tesla subsidiary, a plan rejected by its three cofounders.

05/07/2026

WIRES

Datadog Q1 Earnings Preview

Datadog reports Q1 earnings Thursday. Analysts expect $0.51 EPS and $959M revenue. Wall Street firms have recently trimmed price targets ahead of the print.

05/07/2026

WIRES

Shell Posts Strong Q1 Profit as Iran War Disrupts Global Energy Markets

Shell reported $6.92bn in Q1 profit, beating analyst forecasts, as the Iran war shut the Strait of Hormuz and drove oil prices sharply higher.

05/07/2026