Market News - Mboum.com

May 13, 2026, 6:24 PM EDT - 6 minutes ago

Apple Prepares App Store for Autonomous AI Agents

Apple is exploring ways to allow developers to offer artificial intelligence (AI) agents into its App Store while maintaining its regulations designed to prevent the spread of malware and other wrongd...

AAPL

May 13, 2026, 6:20 PM EDT - 10 minutes ago

Comcast's Sky advances talks to acquire ITV unit with performance-based payout, sources say

Comcast -owned Sky is ‌advancing towards a deal to acquire ITV's Media and Entertainment unit in a transaction that will include a payout dependent on the British broadcaster's performance, three peop...

CMCSA

May 13, 2026, 6:17 PM EDT - 13 minutes ago

Gap's last Oakland store is set to close this summer

Oakland residents will have one less place to buy khakis and hoodies this summer, with a major retailer pulling up stakes in the Bay Area metropolis.

GAP

May 13, 2026, 6:16 PM EDT - 14 minutes ago

Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

Cisco plans to cut about 4,000 jobs to refocus on AI, affecting less than 5% of its workforce. Despite layoffs, Cisco sees strong quarterly results and raises sales forecast on AI demand.

CSCO

May 13, 2026, 6:16 PM EDT - 14 minutes ago

Cerebras prices IPO at $185 per share to raise $5.55 billion, sources say

Cerebras Systems priced its U.S. initial public offering at $185 per share on Wednesday, above the top ‌end of its indicated price range, people familiar with the matter said.

CSCO

May 13, 2026, 6:15 PM EDT - 15 minutes ago

Isomorphic Labs' $2.1 Billion Fundraise Is The Biggest Bet Yet On AI Drug Discovery

On Tuesday, Isomorphic Labs, the Alphabet-founded firm that uses AI to accelerate drug development, said that it had raised $2.1 billion from investors led by Thrive Capital. That's a boatload of cash...

GOOG GOOGL

May 13, 2026, 6:01 PM EDT - 29 minutes ago

Canvas Hack Aftermath: Congress Wants Instructure to Answer Questions

A hacker group stole data from more than 9,000 schools using an exploit in Instructure's service. Now the House Homeland Security Committee is getting involved.

INST GOOGL

May 13, 2026, 6:00 PM EDT - 30 minutes ago

Wednesday's Final Takeaways: Amazon Pivoting AI Strategy & Samsung's Pay Deal

Marley Kayden talks about Amazon (AMZN) pivoting their AI strategy today by retiring it's old chatbot and launching Alexa for shopping. Sam Vadas talks about Samsung's failure to reach an agreement on...

AMZN GOOGL

May 13, 2026, 6:00 PM EDT - 30 minutes ago

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

Cerebras, a maker of artificial intelligence chips, raised at least $5.55 billion in its initial public offering. Enthusiasm has been building for the company's debut, which could be followed later th...

CBRS GOOGL

May 13, 2026, 5:57 PM EDT - 33 minutes ago

Gold weakens, silver tests $90 after April producer-price shock - Kitco PM Report

Spot gold prices were lower and spot silver prices were firmer in late U.S. trading Wednesday, as a hot U.S. producer-price print, a firmer dollar and Treasury yields near the 4.5% area offset safe-ha...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:53 PM EDT - 37 minutes ago

Anthropic finally beat OpenAI in business AI adoption — but 3 big threats could erase its lead

For the first time since the AI race began, more American businesses are paying for Anthropic's Claude than for OpenAI's ChatGPT. Adoption of Anthropic rose 3.8% in April to 34.4% of businesses, accor...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:46 PM EDT - 44 minutes ago

BlackRock's Rosenberg says inflation could actually be peaking in recent data

BlackRock's Jeffrey Rosenberg joins 'Closing Bell Overtime' to talk the response from the bond market to the recent CPI and PPI numbers.

BLK BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:42 PM EDT - 48 minutes ago

Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record

Cisco's stock soars into record territory, after the networking giant announced plans to invest more in AI and upbeat earnings report.

CSCO BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:38 PM EDT - 52 minutes ago

HF Sinclair terminates CFO Atanas Atanasov

U.S. refiner HF Sinclair's ‌CFO Atanas Atanasov, who has been ⁠on voluntary leave of absence since late February amid concerns raised by ‌its ⁠audit committee, has been terminated, the ⁠compa...

DINO BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:32 PM EDT - 58 minutes ago

Alibaba's AI and cloud revenue jump 38%

China's Alibaba said that growth accelerated for both its artificial intelligence and cloud businesses in the latest quarter, driven by the AI boom, even though overall revenue rose just 3% to 243 bil...

BABA BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:30 PM EDT - 1 hour ago

Netflix's First Live MMA Fight Will Be Ronda Rousey's Last

Fans are anxiously awaiting the upcoming fight on Saturday, May 16, between Ronda Rousey and Gina Carano at the Intuit Dome in Los Angeles. When the two legends step into the spotlight as the headline...

NFLX BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:30 PM EDT - 1 hour ago

Netflix Expands Relationship With The NFL, Adds New Games

Netflix executives have long argued that while the company loves sports programming, it can't justify spending the money necessary in order to win live sports rights for an entire season of any major ...

NFLX BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:30 PM EDT - 1 hour ago

Snap's Q1 Makes Its AR Glasses Bet Harder To Ignore

Snap's first-quarter results gave investors something they have not always had from the company: evidence of operating discipline.

SNAP BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:25 PM EDT - 1 hour ago

Investors Get to Play With Firetrucks Too

Shares of firetruck maker Oshkosh are a favorite on Wall Street.

OSK BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:20 PM EDT - 1 hour ago

Cerebras's IPO will be fresh a test of investor excitement for AI infrastructure

The inference-chip maker could be valued at 100 times its revenue when it goes public on Thursday.

CBRS BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 5:16 PM EDT - 1 hour ago

Big Growth. 'Undemanding' Prices.

The tech stock rally may have taken a breather this week, but analysts expect that break means Big Tech has more room to run.

AAPL AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 5:05 PM EDT - 1 hour ago

Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals

Discovery in Musk v. Altman showed that Microsoft CEO Satya Nadella was worried about OpenAI supplanting his company in the tech hierarchy as far back as April 2022.

MSFT AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 5:05 PM EDT - 1 hour ago

Allogene Therapeutics ends China cell therapy deal with Overland

Allogene Therapeutics said on Wednesday it has ended a key partnership for developing cell therapies in parts of ‌Asia and reworked its equity stake in partner Overland Therapeutics.

ALLO AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 5:03 PM EDT - 1 hour ago

StubHub Swings to First-Quarter Profit as Sales Climb on Ticket Demand

Chief Executive Eric Baker said StubHub is seeing a healthy operating environment for both live events and its resale marketplace, and its growing scale is boosting profitability.

STUB AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 5:02 PM EDT - 1 hour ago

Nvidia Rally Propels Stocks to New Records

The AI chip giant becomes the first company to reach a market value of $5.5 trillion.

NVDA AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 5:00 PM EDT - 1 hour ago

Figure (FIGR) CEO Michael Tannenbaum on AI, Blockchain & the Future of Capital Markets

Figure (FIGR) CEO, Michael Tannenbaum explains how the company is building the future of capital markets on blockchain rails while operating at the intersection of AI and blockchain. He shares why thi...

FIGR AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 4:59 PM EDT - 1 hour ago

Axed GM employees claim they were dumped in cold, scripted virtual meetings: ‘No appreciation or empathy'

Many of the affected employees learned their fate during brief meetings that some workers described as cold and scripted.

GM AMZN GOOG GOOGL MAGS META MSFT

May 13, 2026, 4:59 PM EDT - 1 hour ago

The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren't worrying enough.

Global oil prices have climbed by nearly 50% since the the end of February, but the rise pales in comparison to an estimated loss of nearly 1 billion barrels since the start of the Iran war 75 days ag...

BNO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:59 PM EDT - 1 hour ago

USA Rare Earth Stock Rises on Strong Sales. It's Still About the Future.

Wednesday, USA Rare Earth reported a first-quarter operating loss of $37 million from sales of $5.7 million. Wall Street was looking for a loss of $27 million from sales of $4.2 million.

USAR DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:50 PM EDT - 1 hour ago

Ford stock surges 13% on investor optimism for new energy storage business

Investor support for Ford Motor's energy storage business sent its stock soaring 13% Wednesday, the biggest single-day increase in about six ‌years, following a note from Morgan Stanley highlighting ...

F DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:50 PM EDT - 1 hour ago

Cisco stock pops as Q3 earnings defy memory headwinds

Cisco Systems (CSCO) shares are extending gains in after-hours trading after the company posted a “beat and raise” signaling a robust recovery in enterprise networking and a massive acceleration in th...

CSCO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:50 PM EDT - 1 hour ago

Microsoft's CTO testifies about email at the heart of Elon Musk's allegations against the tech giant

Microsoft CTO Kevin Scott publicly addressed for the first time a 2018 email that Musk's lawyers have cited as evidence Microsoft knew OpenAI was abandoning its nonprofit mission.

MSFT DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:49 PM EDT - 1 hour ago

Takeda to cut about 4,500 jobs in fiscal 2026 as it steps up restructuring

Japan's Takeda Pharmaceutical , plans to cut about 4,500 jobs in fiscal year 2026, as it pushes ahead with a restructuring to centralize corporate functions and reduce ‌costs.

TAK DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:48 PM EDT - 1 hour ago

Cisco Sales Forecast Tops Estimates, Will Cut 5% of Jobs

Cisco's fourth-quarter sales forecast topped estimates and the company announced plans to cut thousands of jobs. Lindsey Bell of 248 Ventures reacts to the report on "Bloomberg The Close.

CSCO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:47 PM EDT - 1 hour ago

Cisco to Cut Jobs in Shift to Capture More AI Demand

The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs.

CSCO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:46 PM EDT - 1 hour ago

Chinese EV startup Xpeng in talks with Volkswagen to buy European factory, FT reports

Chinese electric vehicle startup Xpeng is in talks with Volkswagen and other automakers about buying a factory in Europe, the Financial Times reported on Wednesday.

XPEV DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 4:44 PM EDT - 1 hour ago

Gold (XAU/USD) Price Forecast: 100-Day Average Defines Next Move

Gold remains trapped beneath major resistance as traders watch the 100-day moving average to determine whether recovery strength or renewed bearish pressure prevails.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:44 PM EDT - 1 hour ago

Amazon cuts more jobs months after mass layoffs

Amazon's Selling Partner Services team cut jobs this week. Amazon is doubling down on AI and other forms of automation.

AMZN BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:41 PM EDT - 1 hour ago

Boeing pursues massive China jet deal as CEO joins Trump's delegation to Beijing

Boeing CEO Kelly Ortberg says a potential deal for hundreds of jets is dependent on Trump-Xi negotiations as corporate leaders travel to China.

BA BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:39 PM EDT - 1 hour ago

California Costco plans to demolish its gas station — and reveals plans for brand new facility

Costco's famously chaotic gas lines could dramatically change — at one location.

COST BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:37 PM EDT - 1 hour ago

Rigetti Computing (RGTI) Price Forecast: Quantum Stock Near Critical Breakout Level

Rigetti stock is approaching a critical breakout zone as improving momentum, reclaimed moving averages, and a bullish reversal pattern strengthen the case for higher prices.

RGTI BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:33 PM EDT - 1 hour ago

Are Altcoins Still Just Venture Capital?

Altcoin ETF investors are sizing up a corner of the crypto market that has grown to rival bitcoin in scale, but still behaves more like a tech start-up rather than an established asset class. Key Take...

DIME BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:29 PM EDT - 2 hours ago

Ford Shares Take Biggest Leap Since 2020 | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More ...

F BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:26 PM EDT - 2 hours ago

CVS unit Omnicare wins court approval for sale to GenieRx

Omnicare, a unit of health insurer CVS Health , said on Wednesday a U.S. bankruptcy court has approved the sale of its business ‌to GenieRx Holdings.

CVS BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:15 PM EDT - 2 hours ago

Exclusive: Microsoft eyeing startup deals for life after OpenAI

Microsoft is shopping for artificial-intelligence startups as the software company prepares for a future independent of its once-vital partner OpenAI, five people familiar with the matter said.

MSFT BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:15 PM EDT - 2 hours ago

Jensen Huang joins Trump's China trip: What could it mean for Nvidia?

Nvidia CEO Jensen Huang has joined President Donald Trump's trip to China, after initial indications the executive had not been invited. CNBC's Kristina Partsinevelos explains what the trip could mean...

NVDA BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:15 PM EDT - 2 hours ago

Helix Biopharma Corp. Announces Strategic Board and Governance Appointments to Support Financing and Nasdaq Uplisting Strategy

Toronto, Ontario – TheNewswire - 13 May, 2026 – Helix BioPharma Corp. (TSX: “HBP” , OTC PINK: “HBPCD” , FRANKFURT: “HBP0”) ( “Helix” or the “Company”), a clinical-stage oncology company shaping a ne...

NVDA BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:13 PM EDT - 2 hours ago

Cisco's stock pops 11% on earnings beat, strong guidance

Cisco reported TK Heading into earnings, Wall Street was showing increased optimism around the Cisco, which has trailed many of its data center peers during the AI boom.

CSCO BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:11 PM EDT - 2 hours ago

Walmart Is the Latest Big U.S. Employer to Cut Its Corporate Staff

Walmart is cutting jobs—but it isn't blaming AI.

WMT BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:11 PM EDT - 2 hours ago

Google Breaks AI Out of the Chat Window

The mouse pointer hasn't changed much since 1984. Google DeepMind thinks that's the problem.

GOOG GOOGL DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:10 PM EDT - 2 hours ago

Netflix Announces ‘KPop Demon Hunters' Global Concert Tour – How To Get Tickets

At Netflix upfronts, the streaming service has just made a big, but rather curious announcement. There will be a new KPop Demon Hunters global concert tour, bringing HUNTR/X to life.

NFLX GOOGL DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:09 PM EDT - 2 hours ago

Cisco raises annual revenue forecast

Cisco ‌raised its annual revenue forecast on Wednesday, signaling that a surge ⁠in orders for its AI-powered networking equipment is set to drive growth.

CSCO GOOGL DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:04 PM EDT - 2 hours ago

Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes

Allegiant's acquisition of rival low-cost airline Sun Country closed on Wednesday. The airlines announced a $1.5 billion cash and stock agreement, including debt, in January.

ALGT SNCY DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:04 PM EDT - 2 hours ago

Anthropic Eyeing Over $900 Billion Valuation | Bloomberg Tech 5/13/2026

Bloomberg's Caroline Hyde and Ed Ludlow discuss what to expect from the highly anticipated meeting between President Trump and China's Xi Jinping, as Nvidia CEO Jensen Huang gets added to the trip las...

ALGT SNCY DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:03 PM EDT - 2 hours ago

PayPal and Anthropic Take AI to Main Street Businesses

PayPal said Wednesday (March 13) that it is partnering with Anthropic to offer a free online course called AI Fluency for Small Business and that its platform integrates with Anthropic's newly announc...

PYPL SNCY DBP GLD GLDM IAU OUNZ

May 13, 2026, 4:03 PM EDT - 2 hours ago

Bulls bet big on these three China-related stock trades during Trump visit

Chinese stocks, ETFs and related themes posted some of the biggest rallies in months.

KWEB BABA F GLD GLDM IAU OUNZ

May 13, 2026, 4:00 PM EDT - 2 hours ago

Netflix to Stream Green Bay Packers vs. LA Rams Thanksgiving Eve NFL Game

The streamer's upcoming NFL season coverage includes five total matches.

NFLX BABA F GLD GLDM IAU OUNZ

May 13, 2026, 4:00 PM EDT - 2 hours ago

Oil Prices Surge as Energy & Travel Costs Climb High

Patrick De Haan (@gasbuddy) explains that oil prices will stay elevated due to infrastructure constraints and tensions involving Iran. Mark Wade says consumers will still travel this summer despite hi...

BNO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 3:54 PM EDT - 2 hours ago

Gold News: Gold Price Future Weakens After PPI Shock and Rising Treasury Yields

Gold prices fell for a second day as hot inflation data, rising Treasury yields and a stronger dollar pressured XAU/USD below key resistance.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 3:52 PM EDT - 2 hours ago

LinkedIn's layoffs will come with operational changes, memo shows

LinkedIn is laying off employees and "scaling back" some investments. As part of the layoffs, the company is making changes to its product operations, according to a memo.

MSFT BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 3:52 PM EDT - 2 hours ago

Accenture, Roper Technologies, and 8 More Beaten-Down Stocks Worth Considering

There's a likely a subset of S&P 500names that are too cheap—and ready to rally.

ACN ROP ENPH HPE GLDM IAU OUNZ

May 13, 2026, 3:46 PM EDT - 2 hours ago

Ford's stock is the S&P 500's biggest gainer. The carmaker is putting a very Tesla spin on things.

Ford's move to take a page out of Tesla CEO Elon Musk's playbook appears to be paying off, at least with investors.

F ROP ENPH HPE GLDM IAU OUNZ

May 13, 2026, 3:41 PM EDT - 2 hours ago

Anthropic Could Be Valued At $900B In New Raise, Next Chapter For Media | Bloomberg Deals 5/13/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Honeywell CEO Vimal Kapur, Citig...

F ROP ENPH HPE GLDM IAU OUNZ

May 13, 2026, 3:40 PM EDT - 2 hours ago

Meta launches WhatsApp 'incognito' mode to address privacy concerns for AI chats

Meta Platforms said Wednesday it's rolling out an "incognito" mode for WhatsApp users to have private conversations with its AI chatbot, a move intended to ease privacy concerns about sensitive inform...

META ROP ENPH HPE GLDM IAU OUNZ

May 13, 2026, 3:33 PM EDT - 2 hours ago

Trump in Beijing: Keep an Eye on These 3 China ETFs

If advisors and investors haven't been keeping a close eye on the Chinese market recently, now may be a very good time to start doing so. On Wednesday, President Trump headed off to Beijing for a two...

CXSE KWEB MCHI HPE GLDM IAU OUNZ

May 13, 2026, 3:33 PM EDT - 2 hours ago

The Ex-China Files: ETFs to Watch Amid Trump's High-Stakes Visit

Investing in emerging markets (EM) used to be synonymous with getting exposure to China. It's an ideal notion, given that it's the second largest economy and thus commands a heavy weight in standard E...

AVXC EM EMM EMXC FRDM NSI REXC

May 13, 2026, 3:33 PM EDT - 2 hours ago

Solving the Structural AI Power Deficit

Semiconductors and software have largely overshadowed the electrification ETF trade. Paul Baiocchi, head of fund sales and strategy at SS&C ALPS Advisors, says most investors are missing the sectors t...

ELFY ENFR REIT SMRF FRDM NSI REXC

May 13, 2026, 3:33 PM EDT - 2 hours ago

Energy Sector Logs Record 14-Week Winning Streak

Key Takeaways: S&P 500 Energy has posted a record 14-week winning streak, the longest in the sector's history. XLE has attracted $6 billion in inflows over three months as investors seek energy exposu...

XLE ENFR REIT SMRF FRDM NSI REXC

May 13, 2026, 3:32 PM EDT - 2 hours ago

Why the Healthcare Sector Warrants Concentrated Exposure

Sure, portfolio diversification may be important, but some equity sectors currently look a bit more promising than others. Key Takeaways: Diversification may be a valuable portfolio approach, but indi...

XLV ENFR REIT SMRF FRDM NSI REXC

May 13, 2026, 3:30 PM EDT - 3 hours ago

Charts to Watch: SPX All-Time High, CIFR & LLY Breakouts

@CharlesSchwab's Kevin Horner breaks down key market charts as the S&P 500 (SPX) taps new record highs, backed by investors defending the 10-day SMA. In stock movers, he highlights notable technical s...

CIFR IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:28 PM EDT - 3 hours ago

Anthropic's Cat Wu says that, in the future, AI will anticipate your needs before you know what they are

With the tech industry singularly focused on AI models, Anthropic is having an exceptionally good year.

CIFR IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:24 PM EDT - 3 hours ago

OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filing

OpenAI Chief Executive Sam Altman holds more than $2 billion in companies that have done business with the artificial intelligence company, a court document showed as Altman faces claims of self-deal...

CIFR IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:20 PM EDT - 3 hours ago

Anthropic in Talks to Raise $30 Billion at a $900 Billion Valuation

Anthropic PBC is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding r...

CIFR IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:16 PM EDT - 3 hours ago

Fervo Energy soars 30% in Nasdaq debut as AI power demand ignites IPO

Houston-based geothermal startup Fervo Energy surged in its Nasdaq debut on Wednesday, underscoring investor enthusiasm for companies positioned to benefit from the artificial intelligence-driven elec...

FRVO IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:07 PM EDT - 3 hours ago

Amazon Ditches Rufus for New AI Shopping Assistant

Amazon is replacing Rufus with Alexa for Shopping as the company pushes further into agentic AI commerce.

AMZN IVV LLY SPXL SPY SSO UPRO

May 13, 2026, 3:04 PM EDT - 3 hours ago

Beer demand stumbles as gas prices surge, data show

U.S. beer volumes fell 6.3% year over year through the week ending May 2, reversing earlier improvements in Nielsen-tracked beer, malt beverage and cider trends. Higher gasoline prices could be pressu...

BUD SAM STZ TAP SPY SSO UPRO

May 13, 2026, 3:04 PM EDT - 3 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Trump Arrives In China

Oil markets are losing ground as traders focus on the upcoming Trump – Xi meeting.

BNO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 3:04 PM EDT - 3 hours ago

Global oil shock from Iran war may require ECB hikes, Lane says

A global oil shock from the Iran war may well require the European Central Bank to raise interest rates ‌to stop higher fuel costs from spreading to wages, expectations and broader prices, the ECB's ...

BNO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 3:00 PM EDT - 3 hours ago

Bull v. Bear: BA Momentum Hinges on Earnings, Deliveries & Backlog

It's "mini bull versus bull" on today's segment, according to @CharlesSchwab's Joe Mazzola, who shares some doubts on whether Boeing (BA) can fully deliver in earnings. Kevin Hincks is more optimistic...

BA DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 3:00 PM EDT - 3 hours ago

GLP-1 Users Are Taking a Bite Out of the Restaurant Business

Restaurants are pushing protein and smaller portions to keep attracting those eating less.

EATZ DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 2:56 PM EDT - 3 hours ago

Banks Face A Two-Front War: Inflation And Rising Defaults

For much of the past year, investors and bank regulators hoped the U.S. banking system was moving beyond the regional banking turmoil of 2023. Most banks remained profitable, liquidity conditions impr...

KBE KRE XLF IEO OIH PXJ UCO

May 13, 2026, 2:53 PM EDT - 3 hours ago

India's 15% import tariffs on gold and silver will impact precious metals demand, prices, currency - Experts

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 2:52 PM EDT - 3 hours ago

Netflix Secures Three More Football Games in New NFL Deal

The National Football League's four-year deal with Netflix licenses three additional games to the streaming platform, and agreements with Fox and NBC bring them more games as well.

NFLX BAR DBP GLD GLDM IAU OUNZ

May 13, 2026, 2:50 PM EDT - 3 hours ago

US upstream oil and gas dealmaking hit two-year high in Q1 2026

Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm ‌Enverus said on Wednesday...

BNO DBO GUSH IEO OIH PXJ UCO

May 13, 2026, 2:43 PM EDT - 3 hours ago

Exxon, Chevron face dissent from proxy firms ahead of annual meetings

Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended that Exxon Mobil and Chevron investors vote against some of the boards' stances on shareholder proposals, incl...

CVX XOM GUSH IEO OIH PXJ UCO

May 13, 2026, 2:35 PM EDT - 3 hours ago

Chip Wilson's Five-Pillar Plan To Fix Lululemon—Now Executing It Falls To Heidi O'Neill

Chip Wilson just presented a five-pillar plan to fix what ails Lululemon—a company he officially exited more than a decade ago but remains deeply invested in, both emotionally and financially with rou...

LULU XOM GUSH IEO OIH PXJ UCO

May 13, 2026, 2:33 PM EDT - 3 hours ago

This Semiconductor ETF Can Continue Sizzling

It's not just Nvidia (NVDA). Other semiconductor stocks, including Broadcom (AVGO), are surging this year, as the artificial intelligence (AI) build out continues in earnest.

SOXQ XOM GUSH IEO OIH PXJ UCO

May 13, 2026, 2:33 PM EDT - 3 hours ago

Leaner Focus on Value Could Propel This ETF

With artificial intelligence (AI)-linked equities continuing to captivate investors' hearts and minds, it's not surprising market participants are leaning into growth stocks and the related ETFs. Beli...

FLV XOM GUSH IEO OIH PXJ UCO

May 13, 2026, 2:32 PM EDT - 3 hours ago

From $30M to $800M: The Resurgence of the Original Space ETF

The thematic ETF landscape is often criticized for flash-in-the-pan products that shutter before their targeted themes reach maturity. However, the Procure Space ETF (UFO) has defied this trend, demo...

UFO XOM GUSH IEO OIH PXJ UCO

May 13, 2026, 2:23 PM EDT - 4 hours ago

Walmart earnings preview: analyst says WMT's premium multiple is justified

Bentonville-headquartered Walmart Inc (WMT) is in focus as the retail titan prepares to release its first-quarter (Q1) earnings on May 14th – before the opening bell. Consensus is for WMT to earn $0.6...

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May 13, 2026, 2:22 PM EDT - 4 hours ago

Affirm Seeing Real, Scalable Growth, CEO Says

Agentic commerce and international expansion is the new focus for Affirm, which laid out a bold roadmap to $100 billion in annual volume at the company's 2026 Investor Forum. Affirm CEO Max Levchin jo...

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May 13, 2026, 2:17 PM EDT - 4 hours ago

Milka maker milked shoppers over size of chocolate bars, German court rules

Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packaging

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May 13, 2026, 2:17 PM EDT - 4 hours ago

AI-driven cyberattacks will start to be the 'new norm' in months, Palo Alto warns

Palo Alto Networks tech chief Lee Klarich said companies need to step up cybersecurity defenses to immediately prepare for AI attacks. Klarich said there is now a "narrow three-to-five-month window" f...

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May 13, 2026, 2:15 PM EDT - 4 hours ago

Cerebras Systems eyes $49B valuation ahead of after-hours pricing

CNBC's Kristina Partsinevelos reports on news regarding Cerebras.

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May 13, 2026, 2:14 PM EDT - 4 hours ago

BP to meet union leaders next week for Whiting refinery negotiations

BP will meet with union leaders on Monday to resume contract negotiations for workers at its Whiting, Indiana, oil ‌refinery, the company and United Steelworkers union said on Wednesday.

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May 13, 2026, 2:11 PM EDT - 4 hours ago

Wendy's long-suffering stock gets a boost after reports that billionaire Nelson Peltz wants to take it private

The Wendy's Company could go private if billionaire Nelson Peltz has anything to say about it.

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May 13, 2026, 2:10 PM EDT - 4 hours ago

Cathie Wood's flagship fund is largely missing out on a booming tech-fueled bull run

Cathie Wood's flagship ETF actively invests in shares of companies expected to be disruptive and innovative. But so far this year, the fund appears to be missing out on big gains tied to technology an...

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May 13, 2026, 2:05 PM EDT - 4 hours ago

A Swap By Any Other Name: The Third Circuit Sides With Kalshi In High-Stakes Fight Over Who Regulates Prediction Markets

Those who bet on the CFTC in the high-stakes fight over who will regulate sports-related event contracts just hit pay dirt. At least for now, bettors will remain free to buy swaps contracts on license...

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May 13, 2026, 2:00 PM EDT - 4 hours ago

Ca$htag$: AAPL Hits Record High as AI Optimism Grows

Megan Brantley of @LikeFolio breaks down Apple (AAPL) hitting a new all-time high today as investor confidence around its AI strategy swells. She highlights strong iPhone demand, outperformance in ser...

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May 13, 2026, 2:00 PM EDT - 4 hours ago

Broadcom sues EU antitrust regulators over request for US legal documents

Broadcom is suing EU antitrust regulators over their requests for documents containing legal advice from its U.S. lawyers in a case related to VMware, which it acquired in 2023, the ‌U.S. chip compan...

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