Latest News

Carrier Connect Data Solutions Inc. Completes Acquisition of Network Connectivity and Delivery Assets from Morewave Communication and Engages Capital Analytica for Marketing Services

May 8, 2026, 9:35 PM EDT - 32 minutes ago

Carrier Connect Data Solutions Inc. Completes Acquisition of Network Connectivity and Delivery Assets from Morewave Communication and Engages Capital Analytica for Marketing Services

VANCOUVER, British Columbia – TheNewswire - May 8 , 2026 – Carrier Connect Data Solutions Inc. (TSX.V: CCDS; OTCQB: CCDSF; WKN: A40XB1) (the “Company” or “Carrier”) is pleased to announce that it has ...

US concerned by Taiwan defence delay 'concession' to China

May 8, 2026, 9:28 PM EDT - 39 minutes ago

US concerned by Taiwan defence delay 'concession' to China

Further delays to Taiwan military ​spending are a "concession" to China, the U.S. State Department said, as Taipei's defence ministry detailed ‌the impact of projects excluded from a package passed by...

EWT

Lumentum's fiery stock rally earns it a spot in this hot index

May 8, 2026, 9:25 PM EDT - 42 minutes ago

Lumentum's fiery stock rally earns it a spot in this hot index

Lumentum's stock performance ranks sixth in the S&P 500 this year. Now the optical company is set to join the Nasdaq 100.

LITE

Nike faces class action lawsuit accusing it of pocketing tariff refunds while charging consumers more

May 8, 2026, 9:21 PM EDT - 46 minutes ago

Nike faces class action lawsuit accusing it of pocketing tariff refunds while charging consumers more

Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.

NKE

The Secret Diary That Has Spilled Into the Musk vs. OpenAI Feud

May 8, 2026, 9:00 PM EDT - 1 hour ago

The Secret Diary That Has Spilled Into the Musk vs. OpenAI Feud

The personal journal of OpenAI president Greg Brockman is now a character in the company's battle with the world's richest man—and the most human part of a trial between tech billionaires

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Nike becomes latest retailer sued by customers for not refunding tariff costs

May 8, 2026, 8:29 PM EDT - 1 hour ago

Nike becomes latest retailer sued by customers for not refunding tariff costs

Consumers said Nike raised prices on some footwear by $5 to $10 and some apparel by $2 to $10 to offset the costs.

NKE

The American consumer is unbelievably resilient, says Affirm CEO

May 8, 2026, 8:10 PM EDT - 1 hour ago

The American consumer is unbelievably resilient, says Affirm CEO

Affirm CEO Max Levchin joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of the U.S. consumer, and more.

AFRM

Review & Preview: Still Going Strong

May 8, 2026, 7:55 PM EDT - 2 hours ago

Review & Preview: Still Going Strong

Broken Record. We're running out of superlatives for this market. The S&P 500 and Nasdaq Composite closed Friday at new highs once again. It's their 15 and 11th record closes of the year, respectively...

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DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures

May 8, 2026, 7:20 PM EDT - 2 hours ago

DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures

Customer acquisition at scale is no longer the name of the online sports betting game. According to executives on DraftKings' Friday (May 8) first-quarter 2026 earnings call, competition is increasing...

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Vault Announces Acquisition Of U.S. Historical Mirage-Mariposa Tungsten Mine Within The Gray Eagle Project

May 8, 2026, 7:15 PM EDT - 2 hours ago

Vault Announces Acquisition Of U.S. Historical Mirage-Mariposa Tungsten Mine Within The Gray Eagle Project

Vancouver, British Columbia - May 8, 2026 – TheNewswire - Vault Strategic Mining Corp. (TSXV: KNOX) (OTC: KNXFF) (FSE: M850) (WKN:A41WE4) ("Vault" or the "Company")  announces that it has entered into...

DKNG SPXL SPY SSO UPRO VOO

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

May 8, 2026, 6:59 PM EDT - 3 hours ago

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31.

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Central banks are still hungry for gold

May 8, 2026, 6:43 PM EDT - 3 hours ago

Central banks are still hungry for gold

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

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Bulls in control on Wall Street and Main Street after gold's solid showing, with inflation, retail sales, and Warsh vote on deck

May 8, 2026, 6:40 PM EDT - 3 hours ago

Bulls in control on Wall Street and Main Street after gold's solid showing, with inflation, retail sales, and Warsh vote on deck

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.

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Boeing probing worker death as union calls for accountability

May 8, 2026, 6:37 PM EDT - 3 hours ago

Boeing probing worker death as union calls for accountability

Boeing said on Friday it was continuing to ​investigate a workplace accident that ‌led to the death of an employee last month, after ​a union called for ​full accountability over the incident.

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OCC Recommends Banks Sharpen AI Defense Tactics

May 8, 2026, 6:01 PM EDT - 4 hours ago

OCC Recommends Banks Sharpen AI Defense Tactics

The Office of the Comptroller of the Currency highlighted artificial intelligence as both a risk and an opportunity for innovation in its spring 2026 Semiannual Risk Perspective. AI is one of several ...

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ABC accuses Trump admin of violating free speech rights, major escalation of fight centering on ‘The View'

May 8, 2026, 5:55 PM EDT - 4 hours ago

ABC accuses Trump admin of violating free speech rights, major escalation of fight centering on ‘The View'

Disney-owned broadcaster blasted FCC Chairman Brendan Carr for what it called an “unprecedented” campaign to punish speech regulators dislike.

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Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth

May 8, 2026, 5:45 PM EDT - 4 hours ago

Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth

Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ...

DIS KIE KRE XLF GLDM IAU OUNZ

Gold has climbed back above a key trend line. Are more gains on the way?

May 8, 2026, 5:44 PM EDT - 4 hours ago

Gold has climbed back above a key trend line. Are more gains on the way?

Gold broke above an important short-term technical level on Friday — a sign that the precious metal may be starting to regain momentum after a sluggish stretch since the start of the Iran conflict.

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Apple's next big iPhone update will add a major privacy feature for Android users. What to expect as iOS 26.5 release date nears

May 8, 2026, 5:31 PM EDT - 4 hours ago

Apple's next big iPhone update will add a major privacy feature for Android users. What to expect as iOS 26.5 release date nears

Apple's Worldwide Developers Conference (WWDC) is just one month away. The annual event will see Apple launch the next iterations of the software that powers its various devices, including iOS 27 for ...

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JUST IN: Amazon offers same-day delivery for Ozempic pill

May 8, 2026, 5:30 PM EDT - 4 hours ago

JUST IN: Amazon offers same-day delivery for Ozempic pill

Novo Nordisk CEO Mike Doustdar details the company's Amazon partnership, benefits of Ozempic beyond weight loss and more on ‘The Claman Countdown.'

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US judge will not rubber-stamp Elon Musk settlement with SEC

May 8, 2026, 5:28 PM EDT - 4 hours ago

US judge will not rubber-stamp Elon Musk settlement with SEC

A federal judge on Friday declined to quickly approve the U.S. Securities and Exchange Commission's $1.5 million settlement with Elon Musk over his ​purchase of Twitter, saying she wants more informat...

AMZN BAR DBP GLD GLDM IAU OUNZ

Gold, silver climb as U.S. data keep Fed path mixed - Kitco PM Report

May 8, 2026, 5:28 PM EDT - 4 hours ago

Gold, silver climb as U.S. data keep Fed path mixed - Kitco PM Report

Spot gold and silver finished firmer after the U.S. data mix showed stronger job creation, steady unemployment and weakening household sentiment. At the time of writing, spot gold was trading near $4,...

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Citi says oil could rise further if US-Iran talks remain thorny

May 8, 2026, 5:27 PM EDT - 4 hours ago

Citi says oil could rise further if US-Iran talks remain thorny

Oil prices could rise further if U.S.-Iran talks remain thorny, Citi said, ​though inventory drawdowns, Strategic Petroleum Reserve ‌releases, reduced Chinese imports, weaker demand and periodic signs...

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GM to pay $12.75 million to settle California driver privacy probe

May 8, 2026, 5:13 PM EDT - 4 hours ago

GM to pay $12.75 million to settle California driver privacy probe

GM has agreed to ​pay $12.75 million to ‌resolve a California investigation into allegations the ​Detroit automaker ​illegally sold hundreds of ⁠thousands of locations ​and driving data ​of California...

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SPDR S&P Biotech ETF (XBI) Price Forecast: Long-Term Breakout Fuels Biotech Strength

May 8, 2026, 5:07 PM EDT - 5 hours ago

SPDR S&P Biotech ETF (XBI) Price Forecast: Long-Term Breakout Fuels Biotech Strength

XBI continues to strengthen following a multi-month breakout, with bullish trend signals supporting upside targets near key Fibonacci retracement resistance levels.

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AMD, Micron shares surge on a big day for chip-sector outperformance

May 8, 2026, 5:07 PM EDT - 5 hours ago

AMD, Micron shares surge on a big day for chip-sector outperformance

The chip sector outperformed the S&P 500 on Friday to a degree not seen in over a year, as artificial-intelligence mania kicked into a new gear.

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Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking

May 8, 2026, 5:03 PM EDT - 5 hours ago

Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking

Apple and Intel have reportedly reached a preliminary agreement that would see Intel make some chips for Apple devices. If completed, the deal would be the most notable vote of confidence yet for Inte...

AAPL INTC GUSH IEO OIH PXJ UCO

LAURION Retains SMARTIR Marketing Ltd. to Drive Investor Awareness Ahead of Active 2026 Exploration Program

May 8, 2026, 5:00 PM EDT - 5 hours ago

LAURION Retains SMARTIR Marketing Ltd. to Drive Investor Awareness Ahead of Active 2026 Exploration Program

TORONTO, ONTARIO - (May 8, 2026) – TheNewswire – LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) (“LAURION” or the “Company ”) is pleased to announce that it has entered into a d...

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Gold (XAU/USD) Price Forecast: Moving Averages Signal Critical Turning Zone

May 8, 2026, 4:52 PM EDT - 5 hours ago

Gold (XAU/USD) Price Forecast: Moving Averages Signal Critical Turning Zone

Gold is consolidating at a key technical inflection point as short-term bearish signals emerge near major moving average resistance, while the broader long-term bull trend remains structurally intact.

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Treasury Yields Snapshot: May 8, 2026

May 8, 2026, 4:47 PM EDT - 5 hours ago

Treasury Yields Snapshot: May 8, 2026

The yield on the 10-year note finished May 8, 2026 at 4.38%. Meanwhile, the 2-year note ended at 3.90% and the 30-year yield ended at 4.95%.

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S&P 500 Snapshot: Index Flirts With 7,400

May 8, 2026, 4:47 PM EDT - 5 hours ago

S&P 500 Snapshot: Index Flirts With 7,400

The S&P 500 capped the week off with another record high, flirting with the 7,400 milestone. With a 2.3% weekly gain, the index has now climbed for six consecutive weeks, matching its longest winning ...

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Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows

May 8, 2026, 4:45 PM EDT - 5 hours ago

Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows

Bank of America has hired UBS investment banker Richard Hardegree to serve as the Wall Street titan's vice ​chair of mergers and acquisitions, according to an ‌internal memo seen by Reuters on Friday.

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Block AI job cuts start to pay off: Taking a look at Q1 highlights

May 8, 2026, 4:41 PM EDT - 5 hours ago

Block AI job cuts start to pay off: Taking a look at Q1 highlights

CNBC's MacKenzie Sigalos reports the latest news on Block's earnings.

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CoreWeave CEO Mike Intrator: We are very confident in our revenue for 2026

May 8, 2026, 4:41 PM EDT - 5 hours ago

CoreWeave CEO Mike Intrator: We are very confident in our revenue for 2026

CoreWeave CEO Mike Intrator joins 'Squawk on the Street' to discuss the company's latest earnings report, the demand for AI compute, and more.

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Nvidia goes on investing spree to bolster supply chain empire

May 8, 2026, 4:39 PM EDT - 5 hours ago

Nvidia goes on investing spree to bolster supply chain empire

CNBC's Kristina Partsinevelos reports semiconductor giant Nvidia.

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Lime files for IPO after years-long road to public markets

May 8, 2026, 4:36 PM EDT - 5 hours ago

Lime files for IPO after years-long road to public markets

CNBC's MacKenzie Sigalos reports on Lime's IPO filing, the scooter company's growth pitch to investors, its Uber ties and the going-concern warning inside the S-1.

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Opinion | Tim Cook, Apple's Gold Mine Manager

May 8, 2026, 4:32 PM EDT - 5 hours ago

Opinion | Tim Cook, Apple's Gold Mine Manager

There may never be another iPhone. There may never be a substitute for the device either.

AAPL RSP SPY SPYM VOO IAU OUNZ

Dan Ives on Apple: AI chapter is finally underway

May 8, 2026, 4:29 PM EDT - 5 hours ago

Dan Ives on Apple: AI chapter is finally underway

Dan Ives, Wedbush Securities, joins 'Closing Bell' to discuss Ives' investing views on Apple.

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Intel CEO Who Won Over Trump Now Needs a Breakthrough

May 8, 2026, 4:27 PM EDT - 5 hours ago

Intel CEO Who Won Over Trump Now Needs a Breakthrough

After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company's shares went nowhere for seven months while the chipmaker was getting trounced in the mark...

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NNE CEO on AI Driven Power Demand

May 8, 2026, 4:24 PM EDT - 5 hours ago

NNE CEO on AI Driven Power Demand

Nano Nuclear Energy (NNE) CEO James Walker joins Market on Close following news of its MOU with Supermicro (SMCI) to power AI data centers. He explains the differences between the "Homer Simpson" size...

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Gold rebounds above $4,700 as investors look past Middle East tensions

May 8, 2026, 4:21 PM EDT - 5 hours ago

Gold rebounds above $4,700 as investors look past Middle East tensions

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

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Honeywell's Quantinuum makes US IPO filing public

May 8, 2026, 4:16 PM EDT - 5 hours ago

Honeywell's Quantinuum makes US IPO filing public

Industrial giant Honeywell's ‌quantum computing company, Quantinuum, on Friday ​made public ​its paperwork for ⁠an initial public ​offering in ​the United States.

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Biocure Technology Inc. Announces Adoption of Semi-Annual Reporting

May 8, 2026, 4:15 PM EDT - 5 hours ago

Biocure Technology Inc. Announces Adoption of Semi-Annual Reporting

Vancouver, B.C. – TheNewswire - May 8, 2026 ‐ Biocure Technology Inc. (CSE: CURE) (OTCQB: BICTF) (the “ Company” or “Biocure”) announces the adoption of semi-annual financial reporting. This news rele...

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Airbnb CEO Predicts AI Will Rewrite Job Descriptions

May 8, 2026, 4:14 PM EDT - 5 hours ago

Airbnb CEO Predicts AI Will Rewrite Job Descriptions

Airbnb is gaining innovation and efficiency through its use of artificial intelligence, the company said in a shareholder letter released Thursday (May 7).

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Anthropic Found AI Makes Impractical Work Worth Doing

May 8, 2026, 4:12 PM EDT - 5 hours ago

Anthropic Found AI Makes Impractical Work Worth Doing

The productivity debate around enterprise artificial intelligence (AI) has narrowed to one question: how much faster can workers complete existing tasks? Anthropic's internal research suggests that fr...

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Coreweave CEO confident that clients can make payments

May 8, 2026, 4:09 PM EDT - 5 hours ago

Coreweave CEO confident that clients can make payments

CoreWeave Chairman and CEO Michael Intrator says he is confident OpenAI can make its payments, after reports that the AI giant failed to meet its own goals for new user acquisition and sales. That fue...

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ALPA Moves To Cut Dues As American Pilots Mull Vote On Joining ALPA

May 8, 2026, 4:05 PM EDT - 6 hours ago

ALPA Moves To Cut Dues As American Pilots Mull Vote On Joining ALPA

The Air Line Pilots Association board on Friday approved a resolution to reduce dues, even as the board of the union representing American Airlines pilots seemed to move towards a vote on whether Amer...

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Pambili Announces Partial Revocation Of Failure To File Cease Trade Order

May 8, 2026, 4:05 PM EDT - 6 hours ago

Pambili Announces Partial Revocation Of Failure To File Cease Trade Order

CALGARY, Canada (May 8, 2026) – TheNewswire — Pambili Natural Resources Company (“Pambili” or the “Company”) (TSXV: PNN) announces that the Alberta Securities Commission (the “ ASC ”) has issued an or...

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Strategy CEO on selling bitcoin: When it's better than issuing equity to pay dividends, we'll do it

May 8, 2026, 4:04 PM EDT - 6 hours ago

Strategy CEO on selling bitcoin: When it's better than issuing equity to pay dividends, we'll do it

Phong Le, Strategy CEO, joins 'Power Lunch' to discuss Strategy's strategic pivot, the company's new product and much more.

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Gold stock weakness may create M&A openings as producer cash flow rises - John Feneck

May 8, 2026, 3:59 PM EDT - 6 hours ago

Gold stock weakness may create M&A openings as producer cash flow rises - John Feneck

Weakness in gold and mining equities since early March is exposing a gap between rising producer cash flow and lagging share prices, a divergence that could support consolidation as miners look to rep...

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Disney's new Trump strategy: Push back, politely

May 8, 2026, 3:55 PM EDT - 6 hours ago

Disney's new Trump strategy: Push back, politely

Disney doesn't want to be in a fight with Donald Trump. So in 2024 and 2025, the entertainment giant appeared to be appeasing him.

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What Happened with COIN Earnings?

May 8, 2026, 3:55 PM EDT - 6 hours ago

What Happened with COIN Earnings?

Eric Chen and David Siemer assess Coinbase (COIN) after the company's latest earnings report. Eric says it isn't just in the crypto business and sees itself as a "super-app" with new offerings in vola...

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Semiconductor Index Rally Stays on Course, but Signs Point to a Sharp Retracement

May 8, 2026, 3:47 PM EDT - 6 hours ago

Semiconductor Index Rally Stays on Course, but Signs Point to a Sharp Retracement

The SOX continues to follow its projected historical returns and Elliott Wave path, but the advance may be nearing exhaustion, raising the probability of a retracement toward $10,000.

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Small-Cap Awakening Sparks This Momentum ETF

May 8, 2026, 3:46 PM EDT - 6 hours ago

Small-Cap Awakening Sparks This Momentum ETF

Momentum investing is often viewed as a large-cap-only concept. Conversations about its applications via ETFs often lead to products such as the Invesco S&P 500 Momentum ETF (SPMO).

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Mastercard Rallies Partners to Support MENA Small Businesses

May 8, 2026, 3:30 PM EDT - 6 hours ago

Mastercard Rallies Partners to Support MENA Small Businesses

Mastercard has launched a program designed to help small- to medium-sized businesses (SMBs) across the Middle East and North Africa (MENA) region navigate the trade disruptions, rising energy and logi...

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Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

May 8, 2026, 3:23 PM EDT - 6 hours ago

Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

Demand for CPUs is skyrocketing as the AI race moves from chatbots to agents. While Nvidia dominated the early years of the AI infrastructure boom, the wealth is now being spread to Intel and AMD as w...

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CRWV's Place in AI Buildout, Ridesharing AI Adoption

May 8, 2026, 3:15 PM EDT - 6 hours ago

CRWV's Place in AI Buildout, Ridesharing AI Adoption

Lisa Martin joins The Watch List to examine CoreWeave's (CRWV) expanding role in the AI infrastructure ecosystem. Despite the drop after its latest earnings report, she still thinks it "is a good oppo...

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Brookfield Banks $21 Billion in First Quarter, Heading for Record Year

May 8, 2026, 3:14 PM EDT - 6 hours ago

Brookfield Banks $21 Billion in First Quarter, Heading for Record Year

The $1.2 trillion fund manager has already added assets totaling more than half the amount it collected in all of last year.

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Intel's stock could achieve a never-before-seen feat as Apple enthusiasm builds

May 8, 2026, 3:13 PM EDT - 6 hours ago

Intel's stock could achieve a never-before-seen feat as Apple enthusiasm builds

Intel is in the midst of transforming its business, with shares up 17% on Friday following a fresh sign of a future Apple manufacturing partnership.

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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats While Traders Wait For Iran's Comments

May 8, 2026, 3:08 PM EDT - 6 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats While Traders Wait For Iran's Comments

Oil markets are losing ground as traders bet that U.S. will not restart the military operation against Iran.

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The University of Michigan invested $20 million into OpenAI early. Now it could make $2 billion.

May 8, 2026, 3:05 PM EDT - 7 hours ago

The University of Michigan invested $20 million into OpenAI early. Now it could make $2 billion.

University of Michigan's $20 million bet on OpenAI could yield billions, a court exhibit shows. The school's investment arrived before Microsoft poured billions into the AI lab.

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Citigroup CEO: We are not yet 'fully understanding' effects of Iran war

May 8, 2026, 3:00 PM EDT - 7 hours ago

Citigroup CEO: We are not yet 'fully understanding' effects of Iran war

Citigroup CEO Jane Fraser told CNBC's "Money Movers" on Friday that though there is "tremendous resiliency" in the global economy, she doesn't think "that we are yet fully understanding and anticipati...

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Diamondback bets on wider WTI-Brent gap amid US export ban concerns

May 8, 2026, 2:56 PM EDT - 7 hours ago

Diamondback bets on wider WTI-Brent gap amid US export ban concerns

U.S. producer Diamondback Energy bought options to sell the price difference between U.S. West Texas Intermediate crude and globally traded Brent crude at around ​minus $42 a barrel in coming months, ...

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Greenbriar-backed Applied Aerospace & Defense files for US IPO

May 8, 2026, 2:55 PM EDT - 7 hours ago

Greenbriar-backed Applied Aerospace & Defense files for US IPO

Private equity-backed government contractor ​Applied Aerospace & Defense ‌filed for an initial public offering in ​the United States ​on Friday.

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Inside Out: Housing Market Fears Abating?

May 8, 2026, 2:53 PM EDT - 7 hours ago

Inside Out: Housing Market Fears Abating?

Alex Barron believes the bottom of the housing market is here. He says the "fear factor" from the Iran war has faded at this point as the summer home selling season ramps up.

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CoreWeave Shares Drop After Forecast Sparks Growth Fears | Bloomberg Tech 5/8/2026

May 8, 2026, 2:52 PM EDT - 7 hours ago

CoreWeave Shares Drop After Forecast Sparks Growth Fears | Bloomberg Tech 5/8/2026

Bloomberg's Caroline Hyde sits down with CoreWeave CEO Michael Intrator to discuss the company's earnings as it builds out data center capacity. Plus, a deep dive into April's jobs report and the impa...

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Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports

May 8, 2026, 2:52 PM EDT - 7 hours ago

Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports

Artificial intelligence startup Anthropic has signed a $1.8 billion computing deal with Akamai Technologies to ​meet surging demand for its AI ‌software, Bloomberg News reported on Friday, citing peop...

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Spirit Airlines grounding could help ease shortages in tight engine market

May 8, 2026, 2:46 PM EDT - 7 hours ago

Spirit Airlines grounding could help ease shortages in tight engine market

The recent grounding of U.S. budget carrier Spirit Airlines could help ease shortages of next-generation RTX spare engines needed ​to keep late-model Airbus single-aisle jets flying, industry executiv...

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Metals in Motion: Why Rare Earths Are the New Strategic Frontier

May 8, 2026, 2:46 PM EDT - 7 hours ago

Metals in Motion: Why Rare Earths Are the New Strategic Frontier

When it comes to the 24-hour financial news cycle surrounding technology, semiconductors often dominate the headlines. However a group of 17 chemically similar elements known as Rare Earth Elements (R...

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Intel Could Be Moving Closer to an Apple Partnership—and Its Stock Is Racing Higher

May 8, 2026, 2:45 PM EDT - 7 hours ago

Intel Could Be Moving Closer to an Apple Partnership—and Its Stock Is Racing Higher

Intel is closing the week on a rocket ride.

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CRWV and the AI Profitability Question

May 8, 2026, 2:45 PM EDT - 7 hours ago

CRWV and the AI Profitability Question

Logan Gilland says CoreWeave's (CRWV) "pretty sizeable pullback" comes after a big run-up into earnings. He and Todd Stankiewicz discuss the profitability question facing AI companies that spend great...

CRWV INTC ULCC PHM TOL XHB UCO

How Hantavirus Made Moderna a Must-Own Stock Again

May 8, 2026, 2:44 PM EDT - 7 hours ago

How Hantavirus Made Moderna a Must-Own Stock Again

The stock has rapidly outpaced the broader market, but the long-term implications of the hantavirus are unclear.

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Why the 'SpaceMob' Is So Bullish on AST

May 8, 2026, 2:39 PM EDT - 7 hours ago

Why the 'SpaceMob' Is So Bullish on AST

AST SpaceMobile, a rival to SpaceX, has a huge online community that is helping drive the stock price higher. Bloomberg's Sana Pashankar reports.

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Rocket Lab surges 30% to fresh highs on revenue beat, record-setting launch deal

May 8, 2026, 2:38 PM EDT - 7 hours ago

Rocket Lab surges 30% to fresh highs on revenue beat, record-setting launch deal

Rocket Lab's shares blasted to a record high after topping first-quarter revenue estimates and announcing its largest launch deal ever. Shares have quadrupled over the last year, benefiting from Presi...

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Expedia Group sees reward and risk in the rise of AI-powered travel

May 8, 2026, 2:37 PM EDT - 7 hours ago

Expedia Group sees reward and risk in the rise of AI-powered travel

Expedia CEO Ariane Gorin detailed the company's AI strategy on its Q1 earnings call, describing booking integrations with ChatGPT and Claude, AI-powered customer support, and rising compute costs fund...

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ABC Accuses Government Of Alleged First Amendment Violations For Political Coverage

May 8, 2026, 2:35 PM EDT - 7 hours ago

ABC Accuses Government Of Alleged First Amendment Violations For Political Coverage

FCC Chairman Brendan Carr accused ABC of violating the equal time rule for political candidates after Rep. James Talarico, D-Texas, who is running for Senate, made an appearance on “The View” in Febru...

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How Planet Fitness lost its way in the increasingly competitive gym market

May 8, 2026, 2:34 PM EDT - 7 hours ago

How Planet Fitness lost its way in the increasingly competitive gym market

Planet Fitness acknowledged marketing missteps and showed slower growth in the crucial first few months of the year.

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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

May 8, 2026, 2:33 PM EDT - 7 hours ago

Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Google — that have reported increased revenue alongside and massive layoffs, attributing both trends to ...

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Micron surges more than 30% on week as memory chip rally goes parabolic

May 8, 2026, 2:25 PM EDT - 7 hours ago

Micron surges more than 30% on week as memory chip rally goes parabolic

Micron is heading for its best week since 2008's Great Recession. Shares have gained 80% in the past month and its market cap is above $820 billion.

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Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

May 8, 2026, 2:25 PM EDT - 7 hours ago

Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday.

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Nintendo Switch 2 price hikes are coming and you can thank the AI data center building boom

May 8, 2026, 2:21 PM EDT - 7 hours ago

Nintendo Switch 2 price hikes are coming and you can thank the AI data center building boom

If you've been debating whether or not to pick up a Nintendo Switch 2 then you'll want to act soon.

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Bull v. Bear: PLTR's Post-Earnings Drop

May 8, 2026, 2:15 PM EDT - 7 hours ago

Bull v. Bear: PLTR's Post-Earnings Drop

Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Palantir (PLTR) pulled back after a 1Q earnings beat as the Street digested the AI software company's valuation.

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Why the S&P 500 Is Heading to 8000

May 8, 2026, 2:07 PM EDT - 8 hours ago

Why the S&P 500 Is Heading to 8000

Yes, rallies aren't meant to last forever. But this one is being driven by a superstrong earnings season.

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Why the Gap Between Chip and Software Stocks Keeps Getting Wider

May 8, 2026, 2:05 PM EDT - 8 hours ago

Why the Gap Between Chip and Software Stocks Keeps Getting Wider

Investors can't get enough of Nvidia, AMD, Intel, and Micron as earnings season widens the divide between chip and software stocks.

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Uber-backed Lime plans IPO as debt concerns mount for the e-scooter maker

May 8, 2026, 2:04 PM EDT - 8 hours ago

Uber-backed Lime plans IPO as debt concerns mount for the e-scooter maker

Investors will soon be able to invest in an e-bike and e-scooter pure play again, following Bird's turbulent prior run on the public market.

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Jane Street, one of Wall Street's most secretive firms, hauled in whopping $16B in trading revenue — here's how

May 8, 2026, 2:02 PM EDT - 8 hours ago

Jane Street, one of Wall Street's most secretive firms, hauled in whopping $16B in trading revenue — here's how

It further cemented its position at the top of the world of high-frequency trading ahead of Wall Street's top investment banks.

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The Iran war has broken the oil market's $100 barometer

May 8, 2026, 2:00 PM EDT - 8 hours ago

The Iran war has broken the oil market's $100 barometer

As refiners chase profits, a better way to gauge the oil shock's impact in America right now is through the price of gas and other oil products.

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How Much Do You Know About McDonald's, Chipotle and Other Chains?

May 8, 2026, 2:00 PM EDT - 8 hours ago

How Much Do You Know About McDonald's, Chipotle and Other Chains?

Franchises are a ubiquitous part of the country's retail landscape. Take this quiz to test your knowledge about them.

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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields

May 8, 2026, 1:57 PM EDT - 8 hours ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields

Gold markets are moving higher as traders react to economic reports from the U.S. and focus on falling oil prices.

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Anthropic wants to own your agent's memory, evals, and orchestration — and that should make enterprises nervous

May 8, 2026, 1:51 PM EDT - 8 hours ago

Anthropic wants to own your agent's memory, evals, and orchestration — and that should make enterprises nervous

Just a few weeks after announcing Claude Managed Agents , Anthropic has updated the platform with three new capabilities that collapse infrastructure layers like memory, evaluation, and multi-agent or...

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ABC Sues Government Over Alleged First Amendment Violations For Political Coverage

May 8, 2026, 1:50 PM EDT - 8 hours ago

ABC Sues Government Over Alleged First Amendment Violations For Political Coverage

ABC accused the Federal Communications Commission on Thursday of violating its First Amendment rights after the agency launched a probe into the network's political coverage — as tensions between the ...

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Fast Food Chains—McDonald's, Taco Bell, Burger King—Win As Low-Income Diners Crack Under Rising Gas Prices

May 8, 2026, 1:50 PM EDT - 8 hours ago

Fast Food Chains—McDonald's, Taco Bell, Burger King—Win As Low-Income Diners Crack Under Rising Gas Prices

“They're literally running out of money at the end of the month,” Kraft Heinz's new CEO Steve Cahillane told Bloomberg. “We're seeing negative cash flows in the lower-income brackets where they're dip...

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US drillers add oil and gas rigs for third week in a row, says Baker Hughes

May 8, 2026, 1:49 PM EDT - 8 hours ago

US drillers add oil and gas rigs for third week in a row, says Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a third week ​in a row, the first three-week streak of increases since early ‌February, energy services firm Baker Hughes said in its clo...

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Google AI Automates Ad Bidding and Budget Pacing

May 8, 2026, 1:47 PM EDT - 8 hours ago

Google AI Automates Ad Bidding and Budget Pacing

Google has unveiled some soon-to-be-released artificial intelligence (AI)-powered bidding and budgeting tools for Search and Shopping. “By pairing smarter bidding strategies with flexible budgets, you...

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Block AI job cuts start to pay off

May 8, 2026, 1:45 PM EDT - 8 hours ago

Block AI job cuts start to pay off

CNBC's MacKenzie Sigalos has a look at Block's latest earnings report after its AI-driven layoffs.

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There are no hantavirus treatments. The deadly cruise-ship outbreak is a ‘wake-up call' to develop some.

May 8, 2026, 1:43 PM EDT - 8 hours ago

There are no hantavirus treatments. The deadly cruise-ship outbreak is a ‘wake-up call' to develop some.

It's been a struggle to secure funding for hantavirus research because these viruses haven't been a priority.

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Intel stock supercharged after reports of preliminary deal with Apple

May 8, 2026, 1:41 PM EDT - 8 hours ago

Intel stock supercharged after reports of preliminary deal with Apple

Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker's devices. According t...

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Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

May 8, 2026, 1:41 PM EDT - 8 hours ago

Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions.

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Uber partner Avride is under investigation for self-driving crashes

May 8, 2026, 1:33 PM EDT - 8 hours ago

Uber partner Avride is under investigation for self-driving crashes

The National Highway Traffic Safety Administration has opened an investigation into Avride, a robotaxi company that has partnered with Uber, after identifying more than a dozen crashes and one minor i...

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The $42 billion auto giant you've never heard of is building AI into its factories

May 8, 2026, 1:31 PM EDT - 8 hours ago

The $42 billion auto giant you've never heard of is building AI into its factories

Magna, a supplier for global carmakers, uses AI to track product quality, equipment, and energy use. It produces components for carmakers worldwide, including BYD, Toyota, Ford, and Hyundai.

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