Market News - Mboum.com

May 13, 2026, 2:01 AM EDT - 9 minutes ago

Travel stocks under pressure as India signals push to curb overseas travel

Indian travel stocks came under pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, cut fuel consumption and defer gold jewellery purchases for a year, as t...

EPI FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 2:01 AM EDT - 9 minutes ago

E.ON Confirms Guidance After Strong Start to Year

The electric utility's adjusted net profit— excluding exceptional and other one-off items—was 7% higher than in the same period a year prior.

EPI FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 1:59 AM EDT - 11 minutes ago

Mercedes to sell seven Berlin dealerships to Canadian buyer

Mercedes-Benz has agreed to sell its seven Berlin dealerships to a ‌Canadian investor, as part of efforts to sell off businesses in its dealership network, the German carmaker said late ⁠on Tuesday...

EPI FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 1:57 AM EDT - 13 minutes ago

Duolingo's CEO says AI misses what his best designers nail

Duolingo's CEO said AI can't achieve the "level of creativity or the polish" that his top designers can. Luis von Ahn said he won't lower the quality of his team's work by pushing them to use AI unnec...

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May 13, 2026, 1:55 AM EDT - 15 minutes ago

Trump Says Nvidia CEO Jensen Huang Is Flying With Him To China—Refuting Reports Of His Exclusion

In an interview with the U.S. think tank Special Competitive Studies Project late last month, Huang was asked about Washington's curbs on the sale of Nvidia's most advanced chips to China.

NVDA FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 1:49 AM EDT - 21 minutes ago

Siemens Launches New $7 Billion Share Buyback Program

The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.

NVDA FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 1:47 AM EDT - 23 minutes ago

Deutsche Telekom Lifts Full-Year Guidance

The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.

NVDA FLIN GLIN INDA INDY IYT JETS

May 13, 2026, 1:42 AM EDT - 28 minutes ago

India Raises Gold, Silver Tariffs to Curb Imports

India has hiked tariffs on gold and silver imports, days after Prime Minister Narendra Modi warned that the Middle East crisis was pressuring the country's foreign-exchange reserves.

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May 13, 2026, 1:38 AM EDT - 32 minutes ago

Allianz Profit Rises on Robust Property-Casualty Results

Europe's largest insurer by market capitalization booked €3.69 billion in net profit attributable to shareholders in the first quarter.

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May 13, 2026, 1:18 AM EDT - 52 minutes ago

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says

Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, in about two weeks, a person with direct knowledge of the matter said.

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May 13, 2026, 1:13 AM EDT - 57 minutes ago

E.ON posts slight increase in first-quarter core earnings, keeps outlook

Europe's largest energy network operator E.ON posted a 2% rise in core profit in the first quarter, it said ‌on Wednesday, partly driven by its business with industrial customers in its home-market G...

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May 13, 2026, 1:02 AM EDT - 1 hour ago

KKR doubles down on the Gulf despite Middle East war

Speaking to CNBC in Abu Dhabi, Tara Davies, Co‑Head of KKR EMEA said short‑term volatility has not altered the firm's commitment to the Middle East, where the firm has operated for 17 years and inked ...

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May 13, 2026, 12:58 AM EDT - 1 hour ago

Read the memo: Walmart cuts or reorganizes 1,000 jobs

Walmart is cutting or relocating 1,000 corporate jobs to address redundancies. A person familiar with the restructuring said it was not driven by AI automation.

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May 13, 2026, 12:38 AM EDT - 1 hour ago

Veon lifts 2026 forecasts as digital revenue jumps 58% in first quarter

Dubai-based telecoms group Veon on Wednesday raised its 2026 revenue growth forecast to between 11% and 14% in ‌U.S. dollar terms, up from a previous range of 9% to 12%, after it reported a 17% jump...

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May 13, 2026, 12:23 AM EDT - 1 hour ago

Samsung Management, Union Fail to Reach Deal to Avoid Strike

Samsung Electronics' talks with its labor union failed to reach an agreement over how the company's massive profits are distributed, raising the likelihood of a strike next week.

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May 13, 2026, 12:11 AM EDT - 1 hour ago

Nvidia CEO joins Trump's mission to 'open up' China

U.S. President Donald Trump picked up Nvidia CEO Jensen Huang in Alaska en route to a high-stakes Beijing summit with China's Xi Jinping, while his top trade negotiator Scott Bessent began preparator...

NVDA BAR DBP GLD GLDM IAU INDA

May 13, 2026, 12:09 AM EDT - 2 hours ago

Japan's megabanks set to access Anthropic's Mythos as soon as this month, Nikkei says

Japan's three largest banks are set to acquire access to Mythos, the artificial intelligence model developed ‌by Anthropic, as soon as the end of May, the Nikkei business daily reported on Wednesday.

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May 13, 2026, 12:03 AM EDT - 2 hours ago

Singapore needs to attract AI giants, expand energy hub status, growth committee says

Singapore must take action to attract leading AI firms and also build on its status as a major energy hub, a committee set up ‌to chart new areas of growth and create jobs said in recommendations sub...

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May 12, 2026, 11:56 PM EDT - 2 hours ago

JPMorgan to reshuffle investment bank chiefs on wider overhaul, FT reports

JPMorgan Chase is set to reshuffle senior roles ‌in its investment bank as part of a wider reorganization, the Financial Times reported ⁠on Tuesday, citing people familiar with the matter.

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May 12, 2026, 11:54 PM EDT - 2 hours ago

What wiped $66 billion off Samsung's market value in hours?

Samsung Electronics was expected to benefit from the AI boom, but is now facing a growing labor dispute. The world's biggest memory-chip maker found itself at the center of a sharp investor selloff on...

JPM BAR DBP GLD GLDM IAU INDA

May 12, 2026, 11:32 PM EDT - 2 hours ago

Commonwealth Bank shares slump on tax changes, provisions; Australian lenders fall

Shares of Australia's largest mortgage lender, Commonwealth Bank of Australia (CBA) , dropped 9% on Wednesday after it set aside A$200 million more ‌in provisions to prepare for risks linked to the M...

JPM BAR DBP GLD GLDM IAU INDA

May 12, 2026, 11:08 PM EDT - 3 hours ago

Nvidia C.E.O. Jensen Huang Hitches Ride With Trump to China After Last-Minute Invite

Jensen Huang boarded Air Force One in Alaska, joining a delegation of more than a dozen business leaders accompanying President Trump on his trip to Beijing.

NVDA BAR DBP GLD GLDM IAU INDA

May 12, 2026, 11:00 PM EDT - 3 hours ago

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

Samsung shares swung after failed wage talks sparked strike fears. More than 41,000 workers planned an 18-day walkout over bonuses.

NVDA BAR DBP GLD GLDM IAU INDA

May 12, 2026, 9:49 PM EDT - 4 hours ago

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

Nvidia confirmed to CNBC that CEO Jensen Huang will visit China this week. Huang was invited by U.S. President Donald Trump, the company said.

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May 12, 2026, 9:00 PM EDT - 5 hours ago

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and U.S. President Donald Trump headed to China...

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May 12, 2026, 8:52 PM EDT - 5 hours ago

Affirm Targets Card Networks With Broader Payments Push

As buy now, pay later (BNPL) firms compete to move beyond checkout financing, Affirm used its investor forum Tuesday (May 12) to argue that growth and share of spend across consumer payments will be ...

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May 12, 2026, 8:49 PM EDT - 5 hours ago

Oil Slips on Likely Technical Correction

Oil prices fell in early Asian trade, on a possible technical correction after settling higher on Tuesday.

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May 12, 2026, 8:42 PM EDT - 5 hours ago

Gold Edges Higher After U.S. Inflation Surged in April

Gold edged higher in early trade after U.S. consumer prices gained in April.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 8:35 PM EDT - 5 hours ago

KKR-backed ambulance giant GMR raises $478.7 million in US IPO

Emergency medical services ‌provider GMR Solutions has raised $478.7 million ⁠in its U.S. initial public offering, the company said ‌on ⁠Tuesday.

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May 12, 2026, 8:26 PM EDT - 5 hours ago

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday it regretted the collapse of pay ‌deal talks with its South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders ⁠and t...

GMRS KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 8:07 PM EDT - 6 hours ago

OpenAI CEO Sam Altman's stake in Helion Energy draws scrutiny in Musk trial and on Capitol Hill

Sam Altman faced pointed questions about his financial ties to the Everett, Wash.

GMRS KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 8:07 PM EDT - 6 hours ago

Anthropic Scales Legal AI as Lawyers Become Cowork's Top Users

Anthropic has added several new tools to Claude for the legal industry. These include more than 20 Model Context Protocol (MCP) connectors that link Claude to legal industry software, and 12 plugins f...

GMRS KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 8:00 PM EDT - 6 hours ago

Eva Ados on Why SpaceX Will be Next Mag 7 Stock & XOVR ETF's Exposure

Eva Ados of ER Shares explains how her firm's Private-Public Crossover ETF (XOVR) holds $320 million shares of SpaceX ahead of the company's highly anticipated IPO. She also believes the company will ...

XOVR KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 8:00 PM EDT - 6 hours ago

Forty Pillars Mining Corp. Appoints New Director

Vancouver, B.C. – May 12, 2026 – TheNewswire ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or “Forty Pillars”) is pleased to announce that Shaun Saini has been appointed as a director of the...

XOVR KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:52 PM EDT - 6 hours ago

Banks Slash Patch Times as Anthropic's Mythos Exposes Security Gaps

The few large banks that have access to Anthropic's Mythos are uncovering vulnerabilities in their IT systems and are sharing information with smaller banks that don't have access to the artificial in...

XOVR KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:49 PM EDT - 6 hours ago

FedEx CEO responds to Amazon Supply Chain Services announcement

'Mad Money' host Jim Cramer sits down with FedEx President and CEO Raj Subramaniam at the company's World Hub in Memphis.

FDX KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:49 PM EDT - 6 hours ago

Coinbase and Morpho Unveil Solana-Backed Loans

Coinbase has added Solana (SOL) to its crypto-backed loans offering. “Holding SOL?

COIN KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:41 PM EDT - 6 hours ago

Fervo Energy raises $1.89 billion in US IPO

Geothermal energy developer ‌Fervo Energy said on Tuesday ⁠it has raised $1.89 billion in its upsized U.S. initial ‌public ⁠offering.

FRVO KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:32 PM EDT - 6 hours ago

Anthropic in Talks to Raise Funding at a $950 Billion Valuation

The start-up, which recently released a powerful A.I. model called Mythos and is separately battling with the Pentagon, was previously valued at $380 billion.

FRVO KKR DBP GLD GLDM IAU OUNZ

May 12, 2026, 7:10 PM EDT - 7 hours ago

Global EV demand rises for second month, data shows

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-engine cars, data from consultancy Benchmark Mineral Inte...

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May 12, 2026, 7:00 PM EDT - 7 hours ago

The Middle East conflict has a ‘significant CONSTRAINT' on plastics, says Eastman Chemical CEO

Eastman Chemical CEO Mark Costa discusses the impact of the Middle East conflict on global petrochemical markets and the plastic supply chain on ‘The Claman Countdown.'

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May 12, 2026, 7:00 PM EDT - 7 hours ago

Alignment Healthcare CEO Adds Chairman Role As Medicare Business Grows

Alignment Healthcare is bolstering its management team, adding the chairman's role to top executive and founder John Kao's duties while promoting several other executives as the company sells more Med...

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May 12, 2026, 6:45 PM EDT - 7 hours ago

Sam Altman's court appearance shines a light on his billions in tech investments

Sam Altman said he owns about a third of Helion Energy, a nuclear fusion power startup. An exhibit in his trial against Elon Musk gave unusual clarity to his finances.

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May 12, 2026, 6:30 PM EDT - 7 hours ago

JBS Profit Slides Amid Rising Cattle Costs

The Brazilian meatpacking conglomerate posted a first-quarter profit of $220.6 million, down from $500.2 million a year earlier.

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May 12, 2026, 6:28 PM EDT - 7 hours ago

Union says BP delaying negotiations following Whiting refinery lockout

BP has not resumed contract talks with a ‌U.S. steelworkers' union since locking out more than 800 workers at its ⁠Whiting, Indiana, refinery in March, the union said on Tuesday, accusing the com...

BP FDRV HAIL IDRV KARS LIT OUNZ

May 12, 2026, 6:09 PM EDT - 8 hours ago

Walmart lays off or relocates about 1,000 corporate workers, WSJ reports

Walmart would cut or ‌relocate about 1,000 corporate workers as it looks ⁠to combine more of its global-technology and AI product teams, the ‌Wall ⁠Street Journal reported on Tuesday, citing ...

WMT FDRV HAIL IDRV KARS LIT OUNZ

May 12, 2026, 6:06 PM EDT - 8 hours ago

Marvel's VisionQuest Will Hit Disney Plus in October

Marvel Cinematic Universe star Paul Bettany dropped the news on Tuesday and revealed a clip for the upcoming series.

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May 12, 2026, 6:04 PM EDT - 8 hours ago

Gold slips, silver firms as CPI lifts yields and dollar - Kitco PM Report

Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 6:03 PM EDT - 8 hours ago

Jimmy Kimmel pokes fun at his Trump beef during Disney's annual ad presentation

ABC's Jimmy Kimmel made light of his beef with the president during Disney's presentation to advertisers. "Usually in order for ABC to pull you off the air, you have to throw a chair at your Mormon bo...

DIS BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 6:03 PM EDT - 8 hours ago

Ananym urges BWX Technologies to commercialize reactor design, says shares could double

Activist investor Ananym ‌Capital Management sees room for BWX Technologies' stock to double in coming years if the defense and energy company commercializes its mothballed nuclear reactor design to h...

BWXT BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 6:03 PM EDT - 8 hours ago

Patients don't regain much weight switching from injections to Lilly's weight-loss pill, study finds

Eli Lilly said on Tuesday that patients in a late-stage trial who had been taking an injectable GLP-1 medication for over a year did not ‌regain significant weight after switching to its new weight-l...

LLY BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 6:02 PM EDT - 8 hours ago

Anthropic in Talks to Raise $30 Billion in New Funding

Anthropic 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 round...

LLY BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 6:02 PM EDT - 8 hours ago

Is AI power really the new oil? Soon it will trade like just like a commodity.

CME Group plans to launch futures that would let investors bet on the price of computing power.

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May 12, 2026, 6:00 PM EDT - 8 hours ago

Walmart Lays Off or Relocates About 1,000 Corporate Workers

The retailer is cutting jobs as it combines more of its global-tech and AI product teams.

WMT DBO GUSH IEO OIH PXJ UCO

May 12, 2026, 6:00 PM EDT - 8 hours ago

YouTube Promises All Things to All Advertisers, With Some Help from AI

The video giant will focus its upfront presentation to advertisers on creator ads and new AI-powered bundles for large advertisers.

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May 12, 2026, 5:45 PM EDT - 8 hours ago

7 takeaways from Sam Altman's bombshell testimony in his trial against Elon Musk

Sam Altman took the witness stand in his trial against Elon Musk. The OpenAI CEO testified about jumping ship for Microsoft and concerns with Musk's management.

GOOG GOOGL GUSH IEO OIH PXJ UCO

May 12, 2026, 5:43 PM EDT - 8 hours ago

Copper prices are now at their highest level on record. AI is only part of the story.

Copper refining now has a Strait of Hormuz problem.

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May 12, 2026, 5:30 PM EDT - 8 hours ago

SpaceX eyes global spaceports as Starship launch ambitions grow ahead of IPO

SpaceX is scouting potential U.S. and overseas locations to build "spaceports", CEO Elon Musk said in a post on X on Tuesday, as the company prepares for a future in which ‌its massive Starship rocke...

AAUC BHP CPER FCX FM HBM RIO

May 12, 2026, 5:27 PM EDT - 8 hours ago

BitGo Holdings (BTGO) Price Forecast: Bullish Breakout Meets Earnings Catalyst

BTGO heads into earnings following a confirmed bullish breakout, with improving price structure and upside targets pointing to a potentially larger trend reversal.

BTGO BHP CPER FCX FM HBM RIO

Top 5 Articles for Week of May 10 Cover Altcoins, Volatility

May 12, 2026, 5:24 PM EDT - 8 hours ago

This is how much airlines pay to fuel passenger jets as oil tops $100 a barrel — and what it means for ticket prices

The price to fill commercial jetliners has nearly doubled as the Strait of Hormuz remains closed. It costs about $340,000 to fully fuel an Airbus A380, an increase of about 61% from pre-war levels.

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May 12, 2026, 5:10 PM EDT - 9 hours ago

Crude Oil Price Forecast: Triangle Phase Builds Pressure

Crude oil consolidates within a symmetrical triangle as bullish structure holds, with support strength and resistance tests signaling an approaching breakout-driven directional move.

BNO DBO GUSH IEO OIH PXJ UCO

May 12, 2026, 5:05 PM EDT - 9 hours ago

Google introduces a new feature called Rambler

Google introduces a new feature as part of their Gemini Intelligence called Rambler that will remove filler "ums" and "ahs" to create a more polished text message. It also works with multiple language...

GOOG GOOGL GUSH IEO OIH PXJ UCO

May 12, 2026, 5:05 PM EDT - 9 hours ago

Generation Uranium Engages Plutus Invest & Consulting GMBH For Marketing Services

Vancouver, British Columbia – May 12, 2026 - TheNewswire - Generation Uranium Inc. (TSXV: GEN, OTCQB: GENRF, FRA: W85) (the “Company” or “Generation”) announces that it has entered into a marketing se...

GOOG GOOGL GUSH IEO OIH PXJ UCO

May 12, 2026, 5:04 PM EDT - 9 hours ago

Canvas Hack Aftermath: Owner Instructure Reaches Deal With Hacker Group

Instructure says ShinyHunters has destroyed stolen user data after the group targeted more than 9,000 schools.

INST GOOGL GUSH IEO OIH PXJ UCO

May 12, 2026, 4:59 PM EDT - 9 hours ago

Gold (XAU/USD) Price Forecast: Resistance Zone Tests Market Direction

Gold sits at a major technical inflection point as converging moving averages define resistance, while support levels suggest either a breakout or renewed corrective pressure.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:50 PM EDT - 9 hours ago

Innovotech Inc. Reports Q1 2026 Financial Results and Operational Update

Edmonton, Alberta – May 12, 2026 - TheNewswire – Innovotech Inc. (TSX Venture Exchange: IOT; OTCQB: IOTCF) (“Innovotech” or the “Company”), a life sciences services and technology company focused on a...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:39 PM EDT - 9 hours ago

Jamie Dimon just joined Ken Griffin in warning that taxes could curb expansion plans

Jamie Dimon warned that higher UK bank taxes could affect plans for his London headquarters. The bank announced plans for the 3-million-square-foot, multibillion-dollar building in the fall.

JPM BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:39 PM EDT - 9 hours ago

Boeing could finally reignite its China business. Will that breathe new life into its stock?

Wall Street is hoping Boeing is about to announce a big order from China, cementing its turnaround.

BA BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:30 PM EDT - 9 hours ago

Tesla's Texas robotaxi rollout is taking longer than expected.

TSLA BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:30 PM EDT - 9 hours ago

Musk Lawyer's Question for Sam Altman on the Stand: Are You Trustworthy?

Mr. Altman, the C.E.O. of OpenAI, said on Tuesday that he worried Elon Musk wanted control of the A.I.

TSLA BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:30 PM EDT - 9 hours ago

Trailblazing Energy Pioneer Sara Akbar Takes Helm of Sonoro Energy

CALGARY, Canada (May 12, 2026) – TheNewswire — Sonoro Energy Ltd. (" Sonoro " or the “ Company ”) (TSXV:SNV) announces that Ms. Sara Akbar will assume the role of President and Chief Executive Officer...

TSLA BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:15 PM EDT - 9 hours ago

Michael Wekerle Announces Holdings In Orion Digital Corp.

Toronto, Ontario - May 12, 2026 - TheNewswire - Michael Wekerle (the “Acquiror”) announces that, on May 6, 2026 and May 7, 2026, the Acquiror acquired an aggregate of 50,000 common shares (the “Shares...

ORIO BAR DBP GLD GLDM IAU OUNZ

May 12, 2026, 4:11 PM EDT - 9 hours ago

Auto-state lawmakers seek to keep Chinese EV parts out of U.S. as Trump heads to Beijing

Bipartisan lawmakers from Michigan on Tuesday announced legislation that would ban Chinese-made “connected vehicles,” software and hardware from the U.S. market, ahead of President Donald Trump's meet...

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May 12, 2026, 4:07 PM EDT - 10 hours ago

Sam Altman Defends Himself From Conflict Of Interest Claims At OpenAI Trial: ‘Always Been Recused'

Altman said Tuesday he hadn't yet had a chance to review the letter Comer sent to him, though he acknowledged news reports about the investigation, but said, “We will certainly reply to whatever infor...

LI NIO XPEV GLD GLDM IAU OUNZ

May 12, 2026, 4:07 PM EDT - 10 hours ago

eToro Earnings Beats Expectations

Yoni Assia, eToro CEO join Bloomberg Businessweek Daily on their reccent earnings beat. EToro Group reported adjusted earnings per share for the first quarter that beat the average analyst estimate.

ETOR NIO XPEV GLD GLDM IAU OUNZ

May 12, 2026, 4:06 PM EDT - 10 hours ago

CME Group CEO on demand for AI compute: It'll make a great market going forward

Terry Duffy, CME Group CEO, joins 'Power Lunch' to discuss the company's new futures market for computing power.

CME NIO XPEV GLD GLDM IAU OUNZ

May 12, 2026, 4:00 PM EDT - 10 hours ago

Chip stocks pull back: Here's what you need to know

Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the AI trade beyond Nvidia and propelled the sector to new highs. CNBC's Kristina Partsinevelos reports.

AMD INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:59 PM EDT - 10 hours ago

Exclusive: Meta employees protest against mouse tracking tech at US offices

Meta employees distributed ‌flyers at multiple U.S. offices on Tuesday to protest the company's ⁠recent installation of mouse-tracking software on their computers, according to photos seen by Reu...

META INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:53 PM EDT - 10 hours ago

Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports

Jack Daniel's maker ‌Brown-Forman has rejected the roughly $15 billion takeover ⁠offer from rival Sazerac, the Wall Street Journal reported on ‌Tuesday, ⁠citing people familiar with the ⁠matt...

META INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:46 PM EDT - 10 hours ago

Here's How Much Traders Expect Applied Materials Stock to Move After Earnings

Applied Materials is scheduled to report quarterly earnings after the closing bell Thursday, with the chipmaking equipment manufacturer's stock seen potentially reaching new highs following the report...

AMAT INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:45 PM EDT - 10 hours ago

Sam Altman Testifies He Owns One Third Of Helion Energy—Worth $1.65 Billion

OpenAI cofounder and CEO Sam Altman testified he has $2 billion worth of personal stakes in companies that conduct business with the ChatGPT maker, including owning a third of power company Helion Ene...

AMAT INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:43 PM EDT - 10 hours ago

DoorDash Projected to Reach 20% of US Restaurants by 2035

DoorDash has not yet announced the launch of a point-of-sale (POS) device. But such a move could pose a threat to restaurant-focused payments companies like Toast, Bloomberg News reported Tuesday (May...

DASH INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:39 PM EDT - 10 hours ago

Jack Daniel's Maker Brown-Forman Rejects $15 Billion Takeover Offer From Sazerac

Advisers for Brown-Forman informed Sazerac on Monday that the company was rejecting the $32-a-share cash offer.

DASH INTC MU ON QCOM SMH SNDK

May 12, 2026, 3:28 PM EDT - 10 hours ago

Affirm Brings Pay-Over-Time Options to Google AI Platforms

Affirm's pay-over-time options will be integrated into the Gemini app and Google Search, including AI Mode, through Google Pay in the coming weeks. The companies are working together on the integratio...

AFRM GOOG GOOGL ON QCOM SMH SNDK

May 12, 2026, 3:27 PM EDT - 10 hours ago

GM's restart date at Ohio battery plant uncertain

A General Motors joint-venture battery company is bringing a small number of workers back to an idled electric-vehicle battery factory in Ohio this month, although plans for recalling ‌hundreds of la...

GM GOOG GOOGL ON QCOM SMH SNDK

May 12, 2026, 3:23 PM EDT - 10 hours ago

New QVOL ETF Targets High Monthly Income via Nasdaq

On Tuesday, May 12, Infrastructure Capital Advisors announced the debut of the Infrastructure Capital Nasdaq Option Income ETF (QVOL). QVOL is an actively managed fund that aims to generate high mont...

QVOL GOOG GOOGL ON QCOM SMH SNDK

May 12, 2026, 3:22 PM EDT - 10 hours ago

Google races to put Gemini at the center of Android before Apple's AI reboot

Google is rolling out new Gemini-powered Android features, ahead of its developer conference next week. The AI can understand screen context and complete multi-step tasks like building shopping carts ...

GOOG GOOGL GOOGL ON QCOM SMH SNDK

May 12, 2026, 3:21 PM EDT - 10 hours ago

New futures market for semiconductors comes as AI drives costs skyward

CME Group and Silicon Data are launching a futures exchange for computing capacity. Contracts will be based on daily GPU benchmarks for on-demand rental rates.

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May 12, 2026, 3:19 PM EDT - 10 hours ago

Boeing stock slips as April deliveries miss expectations, lawsuit looms

Shares of Boeing fell on Tuesday after the aerospace manufacturer reported April aircraft deliveries that came in slightly below investor expectations, while the company also faced renewed legal scrut...

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May 12, 2026, 3:13 PM EDT - 10 hours ago

Goldman Sachs exec touts plans to automate ‘human assembly line' with AI ‘robots'– and vows no mass layoffs

Waldron, widely tipped internally as the heir apparent to CEO David Solomon, said Goldman would use cutting-edge AI technology to build its very own "digital factory floor."

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May 12, 2026, 3:12 PM EDT - 10 hours ago

General Motors to pay out $12.75M after selling California driver data

From 2020 to 2024, GM collected names, contact info, geolocation and driving behavior then sold this data on to third-party companies.

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May 12, 2026, 3:01 PM EDT - 11 hours ago

Google Is Betting Its Entire Future on AI. Will It Pay Off?

Commentary: Between Android 17 and the new Googlebooks, Gemini is the new Google.

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May 12, 2026, 3:00 PM EDT - 11 hours ago

Bull v. Bear: Is Micron's (MU) Rally Just Getting Started?

Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Kevin Hincks & @CharlesSchwab's Joe Mazzola break down Micron's (MU) earnings.

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May 12, 2026, 3:00 PM EDT - 11 hours ago

FCC approves EchoStar sales of 65 megahertz spectrum to SpaceX, 50 megahertz to AT&T

The U.S. ‌Federal Communications Commission's Wireless Telecommunications Bureau and ⁠Space Bureau approved EchoStar's sale of approximately 65 megahertz of spectrum ‌to ⁠SpaceX and 50 megahertz...

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May 12, 2026, 2:55 PM EDT - 11 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 4% As Traders See No Progress In U.S. – Iran Talks

Oil markets rally as traders bet that the Strait of Hormuz would not be reopened anytime soon.

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May 12, 2026, 2:51 PM EDT - 11 hours ago

SAP Intros Program to Help Enterprises Incorporate AI Agents

SAP has launched a program to help businesses integrate artificial intelligence (AI) agents into their operations. The German software giant's “Autonomous Enterprise” initiative, announced Tuesday (Ma...

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May 12, 2026, 2:47 PM EDT - 11 hours ago

This is what's really driving the commodity complex and the precious metals rally – CME Group

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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May 12, 2026, 2:47 PM EDT - 11 hours ago

Remitly Business Accelerates Expansion With Full Canadian Launch

Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.

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May 12, 2026, 2:46 PM EDT - 11 hours ago

How Big Do Elon Musk Backers Think SpaceX Can Be? This One Says $10 Trillion—Or More

One billionaire investor—and longtime Elon Musk supporter—is just about all-in on SpaceX.

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