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Dan Ives: Anthropic’s growth is 'just the tip of the sphere' for AI rally
Dan Ives predicts significant growth for the Nasdaq, projecting it to exceed 30,000 points by 2027. He highlights the…
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Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks
Oil prices have decreased by 20% from their peak in 2026 due to optimism surrounding U.S.-Iran ceasefire negotiations.…
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Infighting, court battles could put long-hyped air taxi breakthrough in jeopardy
The development of air taxis in the U.S. faces challenges due to ongoing infighting and legal disputes within the…
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Trump's Oman outburst throws 'Switzerland of the Middle East' into the spotlight
The Trump administration's recent threats against Oman have raised concerns about the country's role as a U.S. ally.…
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The Iran war is providing an unexpected boost to secondary city travel in Asia-Pacific
Travel to secondary cities in the Asia-Pacific region is increasing as travelers seek closer destinations due to…
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Russian drone hits apartment block in NATO state Romania; EU prepares fresh sanctions against Moscow
A Russian drone struck an apartment building in Romania, prompting a national defense council meeting. Romanian…
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The ECB is in a bind over rate hikes — the private sector could be doing the bank's job for it
The European Central Bank (ECB) faces a challenging decision regarding interest rate hikes amid sluggish euro zone…
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I was at the exclusive launch of Ferrari's new EV that sent the stock tumbling. But there may be light at the end of the tunnel
Ferrari's launch of its first full electric car, the Luce, faced significant backlash from investors, resulting in an…
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Innovent Biologics shares rise 10% after pact with Pfizer of up to $10.5 billion
Innovent Biologics' shares increased by 10% following a significant partnership with Pfizer to develop oncology…
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Asia’s rich fear losing the family fortune — but many still have no succession plans, survey shows
Asia's wealthy families prioritize preserving their fortunes across generations, but many lack basic succession plans,…
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Samsung's shares surge as much as 6% company ships next-generation AI memory chip samples
Samsung Electronics' shares rose by over 6% following the announcement of its new high-bandwidth memory chip samples.…
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Michael Dell courted Trump early. His company has reaped rewards
Michael Dell and his wife have committed over $10 billion to philanthropic efforts, including a recent $750 million…
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Spencer Pratt's long shot L.A. mayoral candidacy becomes surprise test for Democrats
Spencer Pratt's candidacy for Los Angeles mayor has emerged as a surprising challenge for incumbent Karen Bass. Polls…
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Costco issues a lukewarm quarter, but delivers on the metric that matters most
Costco reported a mixed quarter, showing some signs of weakness in its overall performance. However, the company…
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Asia markets set for mixed open as Iran launches missiles despite signs of temporary truce
Asia-Pacific markets are expected to open mixed as investors react to Iran's recent missile launches amid potential…
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Americans’ savings rate falls to lowest level since 2022 as inflation outpaces paychecks
Americans' savings rate has fallen to its lowest level since 2022, primarily due to rising inflation outpacing wage…
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Traders' hopes fade for U.S.-Iran nuclear deal this year despite report on potential ceasefire agreement
Traders are losing optimism for a U.S.-Iran nuclear deal this year, despite reports of a potential ceasefire…
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Iran reportedly launches missiles as Trump mulls deal to pause war for two months
Iran's military launched missiles at unidentified targets shortly after reports of a potential temporary agreement…
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Snowflake surges 36% for best day ever on AI frenzy, fueling software rally
Snowflake's stock surged 36% following strong fiscal second-quarter results, alleviating concerns about the impact of…
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Kohl's stock spikes 20% as slumping retailer says sales trends are improving
Kohl's stock surged 20% following the retailer's announcement of improved sales trends. CEO Michael Bender highlighted…
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Best Buy stock climbs 15% on earnings beat as retailer aims to reinvigorate sales
Best Buy reported better-than-expected fiscal first-quarter results, with a 2% growth in comparable sales. The company…
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CFTC sues Rhode Island over actions against prediction markets
The CFTC has filed a lawsuit against Rhode Island regarding its actions against prediction markets. This lawsuit is…
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Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round
Anthropic has surpassed OpenAI to become the most valuable AI startup, nearing a valuation of $1 trillion following…
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Mythos was the critical trigger for IBM's open-source cybersecurity push, Krishna says
IBM's CEO Arvind Krishna stated that Anthropic's Mythos was the critical trigger for the company's $5 billion…
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New '60 Minutes' head Nick Bilton says Paramount hired him to pivot the show before ratings decline
Nick Bilton has been hired as the new executive producer of '60 Minutes', a move that is expected to bring changes to…
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Energy inflation has been more persistent than expected: Fed's Goolsbee
Energy inflation linked to the conflict in Iran has proven to be more enduring than anticipated, according to Chicago…
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Nio surges 9% after releasing first flagship EV in more than two years
Nio has launched its first flagship electric vehicle, the ES9 SUV, in over two years, resulting in a 9% surge in its…
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Oil jumps after fresh U.S. strikes in Iran revive Strait of Hormuz disruption fears
Oil prices increased following new U.S. strikes in Iran, raising fears of disruptions in the Strait of Hormuz. Brent…
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Asia-Pacific markets open lower as Iran-U.S. negotiations remain in focus
Asia-Pacific markets opened lower as investors reacted to the ongoing Iran-U.S. negotiations. Secretary of State Marco…
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Inside India newsletter: Iran war disruptions, Modi's appeal to boost India's hospitality sector
The ongoing conflict in the Middle East is impacting travel patterns for Indian tourists, leading to a shift towards…
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Fed’s Kashkari says inflation fight takes priority as labor market is 'in decent shape'
Minneapolis Federal Reserve President Neel Kashkari emphasized that controlling inflation is his top priority, despite…
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Salesforce's beat fails to convince the market that software can survive AI
Salesforce's recent performance report has not reassured investors about the software industry's resilience in the…
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Trump's IRS case should be reopened so court can probe possible 'fraud,' ex-judges argue
A group of 35 former federal judges is calling for the reopening of President Trump's dismissed lawsuit against the…
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Salesforce CEO Marc Benioff outlines his plan to turn around his struggling stock
Salesforce CEO Marc Benioff has announced a strategy to address the company's stock underperformance by focusing on…
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Amazon's top health exec is stepping down, will be replaced by Amwell co-founder
Amazon's top health executive is resigning, marking a significant leadership change within the company. The new…
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White House eyes CFTC proposal for regulating prediction markets
The White House is considering a proposal from the Commodity Futures Trading Commission (CFTC) to regulate prediction…
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Salesforce beats on earnings and revenue but full-year guidance comes in light
Salesforce reported better-than-expected earnings and revenue for the quarter ending April 30, but its full-year…
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Snowflake soars 30% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake's stock surged 30% following a strong earnings report and an announcement of a $6 billion investment in…
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Analysis: What Stephen Miller gets wrong about debt, deficits and immigration
Stephen Miller's comments linking immigration to the national debt have sparked debate. The U.S. national debt has…
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After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice
Lamborghini's CEO, Stephan Winkelmann, defended the decision to cancel the company's all-electric vehicle plans after…
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Trump opposes Russia or China taking Iran's highly enriched uranium
President Trump expressed his opposition to Iran transferring its highly enriched uranium to Russia or China during a…
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Traders are skeptical of Iran timeline for Strait of Hormuz reopening
Traders are expressing skepticism regarding Iran's timeline for reopening the Strait of Hormuz. While Iranian state…
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Here's my list of best stocks to buy tied to AI and the great data center buildout
The article discusses a list of recommended stocks that are expected to benefit from advancements in artificial…
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Alabama asks Supreme Court to allow congressional map that dilutes Black vote
Alabama has requested the Supreme Court to pause a lower-court ruling that prevents the use of a disputed…
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Healthy Returns: Eli Lilly makes a new push into vaccines – here’s what to know
Eli Lilly is making a significant move into the vaccine market, although it currently has no vaccines available. The…
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Abercrombie shares jump 13% on earnings beat even as Iran conflict hits sales
Abercrombie & Fitch reported mixed first-quarter results, with a notable impact from the Middle East conflict on…
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Our top and bottom performing stocks in the market's record run over the past 6 weeks
The article discusses the performance of stocks during a recent six-week market rally. It highlights both the top and…
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Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month
Boeing CEO Kelly Ortberg announced that the company has met FAA requirements to increase 737 Max production to 47 jets…
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Our cyber stocks are falling on a rival's earnings blowup. Why it's not a cause for concern
Cyber stocks have experienced a decline following disappointing earnings from a competitor. Despite this setback,…
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Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout’
JPMorgan Chase CEO Jamie Dimon announced that the bank could potentially spend up to $20 billion on acquisitions in…
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