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Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears | ZivFin News | ZivFin

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Tech

Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears

CNBCMay 13, 2026Source ↗

Samsung Electronics reversed steep intraday losses after South Korea’s government urged labor and management to resume talks.

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Market

Meta Lawsuit Puts Scam Ads And Meta Platforms Valuation In Focus

YahooMay 13, 2026

Santa Clara County filed a civil lawsuit accusing Meta Platforms (NasdaqGS:META) of knowingly enabling and profiting from scam ads on Facebook and Instagram. The case alleges Meta leveraged its AI tools to facilitate fraudulent advertising that targeted vulnerable users and small businesses at scale. The lawsuit seeks broad legal remedies and claims Meta limited enforcement against scam advertisers to protect ad revenue. For anyone following Meta Platforms, this case goes straight to the...

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Crypto

JPMorgan to launch tokenized money market fund for stablecoin issuers

CointelegraphMay 13, 2026

JPMorgan’s filing comes nearly three weeks after rival investment bank Morgan Stanley launched its own money market fund, the Stablecoin Reserves Portfolio.

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Market

Nvidia says CEO Jensen Huang is joining Trump's China trip

ZivFin AnalysisMay 13, 2026

The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.

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