LOS ANGELES — Cameron Diaz and her husband Benji Madden announced the birth of their third child, a son named Nautas Madden, on May 4, 2026.

Madden, 47, shared the news on Instagram with a post featuring an image of a pirate ship titled “Nautas Madden.” He wrote: “Cameron and I are Happy, Excited, and feeling so BLESSED to announce the birth of our third Child, Nautas Madden. Welcome to the world Son!!👊❤️ We love life with our family- our kids are healthy&happy, and we are grateful!!!🙏🙏having a blast ❤️Sending all our best wishes- the Madden Family ❤️🙏👊🏴‍☠️”

Diaz, 53, responded to the post with heart emojis. The couple, married since January 2015, now has three children.

The newborn joins older sister Raddix Madden, born December 30, 2019, and brother Cardinal Madden, born March 22, 2024. Both previous children were born via surrogacy. The family has kept the children’s faces private and shared no public photos.

The name Nautas has nautical origins, meaning “sailor,” “navigator” or “one who embarks on a journey and fears not the unknown,” according to reports on the couple’s announcement.

Diaz stepped back from acting after 2014’s “Annie” to focus on family and personal life. She has spoken in past interviews about the joys of motherhood but made no new public comments on the latest birth.

Madden, co-founder of Good Charlotte, continues music and production work. The couple met in 2014 through mutual friends and maintained a relatively private relationship before marrying in a secret ceremony in 2015.

The announcement generated widespread attention across entertainment media. Fans and outlets noted Diaz becoming a mother again at age 53. The couple has not addressed public speculation about their family planning or use of surrogacy in recent statements.

Diaz previously described her approach to family life as intentional and fulfilling. The couple resides primarily in Los Angeles and has emphasized gratitude for their children’s health and happiness.

Raddix was six years old at the time of her brother’s birth. Cardinal turned two in March 2026. The family has grown steadily while maintaining privacy around the children.

No details were released about the circumstances of Nautas’ birth, including date, location or medical information beyond the announcement. The couple has historically shared minimal specifics about pregnancies and births.

Diaz last appeared in a major film role years ago but has remained active in business ventures, including investments and wellness interests. She has expressed contentment with her life beyond Hollywood.

The Madden-Diaz family has received congratulations from celebrities and fans following the Instagram post. The couple rarely shares joint family updates, making the May 4 announcement notable.

Diaz turned 53 in August 2025. Madden turned 47 in March 2026. Their relationship has been described as supportive, with both prioritizing family time.

The arrival of Nautas marks the couple’s third child in roughly six and a half years. They have consistently chosen unique names with personal significance for each child.

Public interest in the family remains high due to Diaz’s long career in films such as “There’s Something About Mary,” “Charlie’s Angels” and “The Holiday.” She has not confirmed any return to acting.

Madden continues performing with Good Charlotte and other projects. The couple has balanced their professional lives with raising young children.

No additional statements from the couple have been released since the initial Instagram announcement. The family is reported to be healthy and enjoying time together.

The news highlighted broader conversations about later-in-life parenthood among celebrities, though Diaz and Madden have not commented on age-related aspects.

As of mid-May 2026, the couple has not shared further updates or photos. Their approach continues to center on privacy for their three children.

GE Vernova T&D India shares have delivered a power-packed performance over the past year, soaring 164% to emerge as the top multibagger in the BSE Power index. Riding strong summer demand, the stock continues to gain momentum, supported by better-than-expected Q4 earnings and robust fundamentals.

At Rs 4,679, GE Vernova shares have been hovering near their 52-week high of Rs 4,849 and displaying a strong uptrend following the January-March quarter earnings announcement, where the transmission & distribution major reported an 89% year-on-year jump in net profit to Rs 352 crore compared to Rs 186 crore in the same period last year. Revenue soared 42% YoY to Rs 1,640 crore, while its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) climbed 77% to Rs 440 crore, highlighting strong operational momentum.

The scrip is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 4,086 and 3,288, respectively, according to Trendlyne data.

Decoding the charts, Virat Jagad, Senior Technical Research Analyst at Bonanza, sees GE Vernova T&D India shares trading in a strong bullish zone on the daily chart after a sharp rally from lower levels. Price is trading above key moving averages, indicating that the broader trend remains positive, while RSI near the 50 zone suggests momentum cooling after an overbought phase, he said.

However, the stock is currently witnessing healthy consolidation near the upper range of its rising channel, Jagad said, placing immediate support around Rs 4,250–4,150, followed by a stronger demand zone near Rs 3,950, while resistance is seen around Rs 4,550–4,750. “A sustained breakout above Rs 4,750 could trigger fresh upside momentum toward new highs, while holding above support zones may continue to attract buying interest in the medium term,” he added.

Seasonality remains a factor around this time of the year as long summers in North India increase the peak power demand. At the index level, BSE PSU is up 20% on the basis of one-year returns Power stocks remain in to

Q4 earnings

GE Vernova T&D India reported Q4FY26 results ahead of HDFC Securities’ expectations, driven by a sharp improvement in margins. The brokerage also noted that adjusted margins stood at a robust 30% during the quarter, supported by a healthy revenue mix, variable pricing clauses, and operating leverage benefits.
HDFC Securities further highlighted that annual order inflows remained strong at Rs 14,800 crore, up 37% YoY, although domestic base ordering could remain subdued in the near term until industry capacities ramp up.

HDFC Securities believes export orders, particularly from the US, are likely to offset the temporary domestic weakness while the company management remains confident of securing Rs 7,000–8,000 crore worth of domestic base orders excluding HVDC projects.

Based on the current earnings, PL Capital revised its FY27 and FY28 EPS estimates upwards by 3.7% and 4.8%, respectively. It also highlighted the company’s planned Rs 1,000 crore capex programme aimed at boosting localisation in HVDC systems and strengthening manufacturing capabilities in key transmission products.

According to PL Capital, domestic transmission ordering activity remains healthy with nearly 33 projects under bidding, while export demand is improving on the back of renewable integration and grid modernisation opportunities globally. The brokerage also sees medium-term growth opportunities emerging from hyperscale data centres and the shift toward higher-voltage transmission infrastructure. It remains positive on the company’s strong order pipeline, healthy order book of Rs 21,230 crore and margin improvement initiatives.

Ge Vernova vs peers

Power and capital goods stocks have delivered a mixed performance over the past one year, with Hitachi Energy India Limited emerging as the top performer with a stellar 124% return as of May 20, 2026. It was followed by Adani Power Limited, which gained 98%, while Bharat Heavy Electricals Limited rallied 67% amid continued optimism around power infrastructure and transmission spending. Other notable gainers included Adani Green Energy Limited with 37% returns, Thermax Limited at 26%, CG Power and Industrial Solutions Limited at 24%, and Siemens Limited with an 18% rise. ABB India Limited, Torrent Power Limited, JSW Energy Limited and Tata Power Company Limited posted comparatively modest gains ranging between 4% and 15%, while Power Grid Corporation of India Limited remained largely flat with a 1% return.

On the other hand, renewable and utility-linked names such as Reliance Power Limited, Suzlon Energy Limited and NHPC Limited underperformed sharply, declining 39%, 13% and 8%, respectively.

Should you buy?

Factoring in stronger profitability, HDFC Securities raised its FY27 and FY28 earnings estimates by 7% and 8%, respectively, and maintained a ‘Buy’ rating on the stock with a revised target price of Rs 5,200 from Rs 4,750 earlier.

Meanwhile PL Capital has suggested an ‘Accumulate’ rating, downgrading the stock from ‘Buy’ while raising the target price to Rs 4,650, which is already surpassed. The rating correction comes on the back of strong rally over the past year.

PL Capital said GE Vernova T&D delivered a strong operational performance in Q4FY26, with revenue rising 42% year-on-year and EBITDA margins expanding 400 basis points, aided by a better mix of exports and high-value services as well as the gradual completion of lower-margin legacy contracts.

PL Capital downgraded the stock to ‘Accumulate’ from ‘Buy’ after the sharp rally in share price. It raised the target price to Rs 4,650 from Rs 4,050 earlier.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

Shares of Ola Electric crashed 6% on Thursday, with brokerage Emkay Global seeing up to 35% downside potential after the EV scooter-maker reported a sharp 57% year-on-year (YoY) drop in revenue from operations to Rs 265 crore in the fourth quarter of FY26, from Rs 611 crore in the year-ago period.

The Bhavish Aggarwal-led company on Wednesday reported a consolidated net loss of Rs 500 crore for the January-March quarter of the financial year 2026, down 42.5% from the Rs 870 crore net loss reported in the corresponding quarter of the previous financial year. However, Emkay highlighted that the company reported a weak set of earnings, with the sharp plunge in revenue and a 61% YoY drop in volume.

While Ola Electric has seen some sequential volume improvement (March-April retails at 10,000-12,000/month vs around 8,000/month on average from November 2025 to January 2026) and market share (8-9% in April 2026/May 2026; 5% in Q4 FY26), Emkay attributes the volume growth to the currently better placed production capacity, share gains in the more price-sensitive northern markets, and electric two wheeler incumbents along with Ather operating at peak utilization amid strong demand.

“Ola is adopting several measures to improve execution, cut costs/conserve cash, and improve brand perception (service-related issues have started resolving). We believe this could be a difficult, long-drawn-out process, especially due to greater focus by incumbents + scale-up at Ather. Additionally, new capacities coming onstream for incumbents/Ather in H2 FY26 would reintroduce competition in the industry structure,” the brokerage said.

Given the current dynamics, Emkay believes that Ola’s recovery in volume and market share remains monitorable. “We increase FY27E volume by around 10%, given the strong momentum in the underlying E-2W industry,” it added.

Emkay retained its ‘Sell’ call for the shares of Ola Electric Mobility, but raised its target price to Rs 25 from Rs 20. The latest target price however, implies a downside potential of more than 35% from the stock’s previous closing price of Rs 36.96 apiece. The brokerage highlighted that it prefers Aether Energy and TVS Motor Company as part of the electric two-wheeler theme.

Ola Electric share price

Ola Electric shares crashed around 6% to trade at Rs 34.83 apiece today in the morning. After hitting a 52-week low of Rs 22.05 apiece in March, Ola Electric Mobility shares sharply rallied more than 90% in just a month to hit a multi-month high of Rs 42 apiece.
Also read: Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%

The stock has, however, fallen 6% in one month, 6% in 2026 so far and 31% in one year. The company currently has a market capitalisation of more than Rs 15,579 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

SEOUL — Samsung Electronics’ largest labor union agreed to postpone a planned general strike after reaching a tentative wage deal with management late Wednesday, averting action by more than 47,000 workers scheduled for Thursday.

The eleventh-hour agreement came about one hour before the planned walkout. Union and company negotiators settled on wages and collective bargaining terms following multiple rounds of talks.

Under the tentative deal, labor and management agreed to allocate 12 percent of profits from Samsung Electronics’ semiconductor business for bonuses over the next 10 years.

Specifically, 10.5 percent of an agreed-upon performance figure will go toward special bonuses for the device solutions unit with no cap on the payout rate. An additional 1.5 percent will fund the existing overall performance incentive.

Device solutions bonuses will be paid from this year through 2028 provided the company generates 200 trillion won in annual operating profit. From 2029 to 2035, the threshold is 100 trillion won.

On bonuses for loss-making business units, the parties agreed to a lower percentage of the common payout rate. Management granted a one-year grace period before applying the provision.

Choi Seung-ho, leader of the Samsung Electronics Industry Union, the chipmaker’s largest union, confirmed the details. The union will put the tentative agreement to a member vote starting Friday. Voting continues for six days.

The five-month impasse between Samsung Electronics and its union had escalated in recent weeks. Negotiations broke down multiple times on Wednesday. After a second round of post-adjustment talks failed in the morning, the union initially declared it would proceed with the strike.

Labor Minister Kim Young-hoon intervened to mediate, leading to resumed discussions and the eventual tentative deal.

The planned action would have marked an 18-day general strike involving more than 47,000 workers across Samsung Electronics facilities in South Korea. The company is the world’s largest maker of memory chips and a major producer of smartphones and displays.

Samsung Electronics has faced growing labor tensions in recent years. The company long maintained a no-union policy until workers successfully formed the union in 2024. This marks the first major collective bargaining round since formal recognition.

The semiconductor division, known as Device Solutions, has been central to negotiations. It accounts for a significant portion of Samsung’s profits but has experienced volatility due to global chip market cycles.

South Korea’s labor ministry and government officials monitored the talks closely. The country’s economy relies heavily on Samsung and other conglomerates, making prolonged strikes a national concern.

If union members approve the deal, it would resolve the current standoff. Rejection would likely lead to renewed strike preparations. Union leadership has not indicated its recommendation on the vote.

Samsung Electronics has not issued a detailed public statement on the tentative agreement beyond confirming talks continued into late Wednesday. The company typically emphasizes operational continuity and employee welfare in such matters.

The semiconductor industry faces intense global competition from companies including TSMC, SK Hynix and Micron. Samsung has invested heavily in advanced chip production, including high-bandwidth memory for artificial intelligence applications.

Labor demands focused on profit-sharing amid strong recent performance in memory chips. The company reported robust earnings in recent quarters driven by AI demand.

This tentative deal represents a significant development in South Korean labor relations at one of the country’s flagship corporations. Samsung employs tens of thousands in manufacturing, research and administrative roles across the nation.

The union formed after years of organizing efforts. Previous attempts at collective action faced legal and operational challenges. The current round marks a test of the company’s evolving approach to organized labor.

Broader economic context includes South Korea’s export-driven growth. Technology and semiconductor exports remain critical to GDP. Any extended disruption at Samsung could ripple through global supply chains for electronics and memory products.

Government mediation by the labor minister highlights the strategic importance of the talks. South Korea has a history of government involvement in major corporate labor disputes.

Union members will cast votes electronically or at designated sites over the six-day period. Results are expected early next week. The outcome will determine whether further negotiations or strike action resumes.

Samsung Electronics stock traded with modest movements on May 21 following news of the tentative agreement. Markets had priced in some strike risk in recent sessions.

The company continues operations normally as the vote proceeds. No immediate production impacts occurred from the averted strike.

This development comes amid Samsung’s push into new growth areas including artificial intelligence chips, advanced foundry services and next-generation displays. Labor stability remains key to executing these long-term strategies.

Analysts will watch the union vote closely. Approval would provide short-term certainty, while rejection could prolong uncertainty into the summer.

Samsung Electronics, part of the larger Samsung Group, is South Korea’s largest company by market capitalization. Its semiconductor and smartphone divisions employ a substantial portion of the group’s workforce.

Further details on the full collective bargaining agreement are expected after the vote. Both sides have committed to continued dialogue regardless of the outcome.

The non-banking financial company (NBFC) space is showing early signs of resilience, with collection trends holding firm across segments such as vehicle finance, microfinance, and affordable housing, even as macroeconomic uncertainties and inflationary pressures remain on the radar.

Speaking on ET Now, Rajiv Mehta from Yes Securities highlighted that while the sector continues to face external risks, underlying credit performance has so far remained stable, particularly in the March–May period. He also flagged microfinance and select housing finance players as the most attractive sub-segments within the broader financial space.

Collections remain steady, but macro risks linger
Mehta pointed to better-than-expected repayment behaviour across lending categories, though he cautioned that the next few quarters remain crucial in assessing durability.“Across the NBFC spectrum, be it vehicle finance, be it microfinance, be it affordable housing, be it housing finance, we are seeing pretty strong trends and resilient trends in collections even in April and May, which is very heartening because we were expecting some impact to come through on the ground in terms of collections and repayments, but we have not seen it so far. But of course, it remains a key monitorable for the next three to six months because the affordability challenges, the pass-through from the government side, it is going to be more gradual in nature. So while it remains a key monitorable, so far there has been no impact,” he said.

He added that inflationary pressures and affordability constraints in lower-income segments remain the key variables to watch over the medium term.
Microfinance and SFBs emerge as key growth pockets
Within NBFCs, Mehta believes the strongest cyclical recovery is unfolding in microfinance and microfinance-linked small finance banks, after a prolonged downcycle.He said investors should focus on select players positioned for a sharp earnings recovery.

“We believe that the best way to play the entire NBFC segment is by playing sub-segments like microfinance wherein the cyclical recovery is looking very sharp at this point in time. They have come out of a very deep, long cycle and some of the NBFC MFIs which we like and then some of the SFBs having large microfinance portfolios, they can actually show a very sharp turnaround in their numbers in FY27. So we like microfinance and microfinance-facing small finance banks most,” Mehta said.

He also highlighted affordable housing finance companies as another preferred segment, citing renewed growth momentum.

Lending and housing finance preferences
On specific names, Mehta indicated continued preference for microfinance-heavy lenders and select housing finance companies.

“On the lenders side which I cover, we are looking at the best opportunity coming or arising in microfinance and microfinance-facing small SFBs. Some of them which we like is Ujjivan. We are even hosting them in the conference. We also like the names like CreditAccess Grameen, Fusion. They are pure play microfinance companies. And we also like some of the affordable housing names which are Home First and Aptus wherein we believe that the growth has made a comeback,” he said.

Ratings space offers selective opportunities
Beyond lending, Mehta pointed to credit rating agencies as a relatively stable macro-linked play within financials.

“Speaking about non-lending, I cover rating agencies, so rating agencies is a completely different industry, it is a very macro industry but there are a couple of very interesting plays which we are kind of backing and preferring. One is Care which is the most proxy on the domestic ratings market and we also like Crisil which is a combination of a ratings company as well as it is having two large global businesses which seem to be going on good growth pace,” he noted.

Interest rates: manageable risk, but inflation key concern
On the impact of a higher interest rate environment, Mehta said margin transmission dynamics will matter more than headline rates.

“No, I think that is a very important monitorable from our point of view. We are looking at how the rates are moving and we are also looking at on the other side the ability to pass on rates to the customer and that difference will determine how the margins will move throughout the year,” he said.

He added that asset quality stress is unlikely to come purely from higher rates, but more from broader macro pressure on household incomes.

“I am not worried about rates so much, but I am more worried about how the on-ground situation moves in, how inflation will hit lower-income households, how inflation will hit lower middle-income households. That is something that I would want to closely track in the next three to six months,” he added.

Gold loans: strong demand, rising competition
Discussing gold loan companies, Mehta said the segment remains structurally strong but increasingly competitive.

“Gold loan companies are generally very large proxy play on the gold price. What you saw last year, gold loan portfolio growing by 50% to 100% was largely driven by the price of gold going up so much. But at the core, we also track how customer-level growth has been, how tonnage-level growth has been,” he said.

He added that competition in the segment is intensifying as large NBFCs expand into the space.

“As a space, it remains very interesting. There is growth to be taken out from a volume point of view, from a value point of view both, but players like Muthoot, Manappuram can face more competition than they ever faced before,” Mehta said.

Cycle outlook: recovery intact, but vigilance needed
While acknowledging that the NBFC credit cycle had been turning positive, Mehta cautioned that macro uncertainties could delay the pace of improvement.

“The cycle had actually turned around on its head and we were entering a very strong phase in FY27, but now with all this macroeconomic, geopolitical issue-driven inflation coming through and likely to hit households, we will have to wait and watch. Otherwise, definitely we were coming out of a cycle and entering a very bullish phase for all companies in FY27. But now I am optimistic but I would be more guarded,” he said.

Outlook
The overall tone from the sector remains cautiously optimistic. While credit performance is stable and selective segments such as microfinance and affordable housing are showing strong momentum, investors are being advised to remain watchful of inflation, affordability stress, and the pace of economic transmission over the coming quarters.