Market News - Mboum.com

Disney accuses Trump's media regulator of 'unlawfully' supressing free speech

May 28, 2026, 6:12 PM EDT - 28 minutes ago

Disney accuses Trump's media regulator of 'unlawfully' supressing free speech

Disney has accused Donald Trump's media regulator of an "unlawful" attempt to suppress free speech after it was forced to apply for early licence reviews for its eight ABC TV stations.

Gap Cuts Full-Year Sales Outlook, Citing Slower Old Navy Growth

May 28, 2026, 6:12 PM EDT - 28 minutes ago

Gap Cuts Full-Year Sales Outlook, Citing Slower Old Navy Growth

The apparel retailer now expects revenue to increase 1% to 2% this year, down from its prior outlook for 2% to 3% growth.

Ambarella Q1 Earnings Call Highlights

May 28, 2026, 6:08 PM EDT - 32 minutes ago

Ambarella Q1 Earnings Call Highlights

Ambarella NASDAQ: AMBA reported fiscal first-quarter results that landed within its guidance ranges, while management emphasized growing momentum in edge artificial intelligence, automotive telematics...

HealthEquity Q1 Earnings Call Highlights

May 28, 2026, 6:08 PM EDT - 32 minutes ago

HealthEquity Q1 Earnings Call Highlights

HealthEquity NASDAQ: HQY raised its fiscal 2027 outlook after reporting higher first-quarter profitability, record revenue in key categories and expanded margins, with management pointing to account g...

ePlus Q4 Earnings Call Highlights

May 28, 2026, 6:08 PM EDT - 32 minutes ago

ePlus Q4 Earnings Call Highlights

ePlus NASDAQ: PLUS reported a strong finish to fiscal 2026, with management pointing to broad-based demand across artificial intelligence, cloud, data center, networking and security as key drivers of...

American Eagle Outfitters Q1 Earnings Call Highlights

May 28, 2026, 6:08 PM EDT - 32 minutes ago

American Eagle Outfitters Q1 Earnings Call Highlights

American Eagle Outfitters NYSE: AEO reported first-quarter revenue growth and operating income ahead of its guidance, as continued momentum at Aerie and OFFLINE offset weaker trends in parts of the na...

Asana Q1 Earnings Call Highlights

May 28, 2026, 6:07 PM EDT - 33 minutes ago

Asana Q1 Earnings Call Highlights

Asana NYSE: ASAN reported fiscal first-quarter revenue that exceeded its guidance range and said customer retention, expansion activity and adoption of its artificial intelligence products improved du...

Dell Technologies Q1 Earnings Call Highlights

May 28, 2026, 6:07 PM EDT - 33 minutes ago

Dell Technologies Q1 Earnings Call Highlights

Dell Technologies NYSE: DELL reported what executives described as a record fiscal 2027 first quarter, driven by surging demand for AI servers, traditional servers, storage and commercial PCs, while w...

NGL Energy Partners Q4 Earnings Call Highlights

May 28, 2026, 6:07 PM EDT - 33 minutes ago

NGL Energy Partners Q4 Earnings Call Highlights

NGL Energy Partners NYSE: NGL reported a strong finish to fiscal 2026, with management highlighting record performance in its Water Solutions segment and continued progress toward simplifying the part...

PagerDuty Q1 Earnings Call Highlights

May 28, 2026, 6:07 PM EDT - 33 minutes ago

PagerDuty Q1 Earnings Call Highlights

PagerDuty NYSE: PD reported fiscal first-quarter results that exceeded its revenue and non-GAAP operating margin guidance, while the company highlighted early traction from its shift toward usage-base...

Appian Says Customers Are Paying Up for AI, But Keeping Guardrails Tight

May 28, 2026, 6:07 PM EDT - 33 minutes ago

Appian Says Customers Are Paying Up for AI, But Keeping Guardrails Tight

Appian NASDAQ: APPN Chief Financial Officer Serge Tanjga said the company is seeing growing customer adoption of artificial intelligence features, while emphasizing that enterprises are taking a cauti...

Dell CFO Kennedy Sees AI Server Demand Driving Sales Growth

May 28, 2026, 6:07 PM EDT - 33 minutes ago

Dell CFO Kennedy Sees AI Server Demand Driving Sales Growth

Dell CFO David Kennedy says the increase in AI server demand is why the company boosted its annual sales forecast. Speaking with Ed Ludlow on "Balance of Power: Evening Edition," Kennedy also comments...

Hedgeye launches ETF focusing on index inclusion candidates

May 28, 2026, 6:05 PM EDT - 35 minutes ago

Hedgeye launches ETF focusing on index inclusion candidates

Hedgeye Asset Management rolled out a new exchange-traded fund designed to profit from the forced buying on the part of index funds and asset managers who try to hew ‌closely to index allocations whe...

PreAxia(TM) Health Care Payment Systems Inc. Announces Soft Launch of Zane, a groundbreaking AI-Enabled Personal Finance Platform

May 28, 2026, 6:05 PM EDT - 35 minutes ago

PreAxia(TM) Health Care Payment Systems Inc. Announces Soft Launch of Zane, a groundbreaking AI-Enabled Personal Finance Platform

CALGARY, AB — May 28, 2026 — TheNewswire - PreAxia Health Care Payment Systems Inc. (OTC: PAXH) ("PreAxia" or the "Company") today announced the soft launch of Zane, an innovative personal finance man...

Two Measures of Inflation: April 2026

May 28, 2026, 6:04 PM EDT - 36 minutes ago

Two Measures of Inflation: April 2026

Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Pri...

Apple to Unveil Siri's AI Overhaul at June Conference

May 28, 2026, 6:00 PM EDT - 40 minutes ago

Apple to Unveil Siri's AI Overhaul at June Conference

When Apple unveils its next software updates for iPhone, iPad and Mac at its Worldwide Developers Conference that starts June 8, the long-awaited overhaul of the Siri digital assistant is set to take ...

Gold rebounds as weak GDP offsets Hormuz risk - Kitco PM Report

May 28, 2026, 5:53 PM EDT - 47 minutes ago

Gold rebounds as weak GDP offsets Hormuz risk - Kitco PM Report

Spot gold and silver prices are higher late Thursday, as weaker U.S. growth data and a softer dollar offset inflation pressure tied to the Strait of Hormuz and U.S.-Iran headlines.

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Okta CEO Todd McKinnon talks earnings beat ahead of investors call

May 28, 2026, 5:51 PM EDT - 49 minutes ago

Okta CEO Todd McKinnon talks earnings beat ahead of investors call

Okta CEO Todd McKinnon joins 'Closing Bell Overtime' ahead of the earnings call to talk how it is utilizing AI agents in cybersecurity.

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MSG Sports Stock Keeps Setting Record Highs Ahead of Knicks' NBA Finals Appearance

May 28, 2026, 5:45 PM EDT - 55 minutes ago

MSG Sports Stock Keeps Setting Record Highs Ahead of Knicks' NBA Finals Appearance

Madison Square Garden Sports stock is bouncing.

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Want an alternative to chip stocks? This sector with an AI angle is breaking out.

May 28, 2026, 5:39 PM EDT - 1 hour ago

Want an alternative to chip stocks? This sector with an AI angle is breaking out.

The transportation sector has benefited from hopes of a Iran peace deal, but also from the build out of data centers needed to power AI.

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Apollo's president sees continued withdrawals from US private credit funds for the wealthy

May 28, 2026, 5:28 PM EDT - 1 hour ago

Apollo's president sees continued withdrawals from US private credit funds for the wealthy

Apollo Global Management President Jim Zelter said on Thursday he expects wealthy individuals to keep trying to withdraw their money ‌from some private credit funds after several months of outflows f...

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Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports

May 28, 2026, 5:27 PM EDT - 1 hour ago

Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports

Apollo Global Management and Blackstone are working to bring in additional investors for ‌about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to expand its AI infrastructure,...

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The Iran war may be winding down, but the era of $60 oil could be over

May 28, 2026, 5:20 PM EDT - 1 hour ago

The Iran war may be winding down, but the era of $60 oil could be over

The Iran war could soon draw to a close. Oil prices, however, may not roll back with it.

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A.C.L. Construction Ltd. Receives Letter of Intent for Earthworks and Deep Services Subcontract

May 28, 2026, 5:15 PM EDT - 1 hour ago

A.C.L. Construction Ltd. Receives Letter of Intent for Earthworks and Deep Services Subcontract

Multi-Million Dollar Potential Award Reflects Continued Momentum in Northern Canadian Infrastructure FORT ST. JOHN, British Columbia, May 28, 2026 – TheNewswire - A.C.L. Construction Ltd. (TSXV: ACL...

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Crude Oil Price Forecast: Breakdown Extends Bearish Momentum

May 28, 2026, 5:09 PM EDT - 1 hour ago

Crude Oil Price Forecast: Breakdown Extends Bearish Momentum

Crude oil extends downside momentum after breaking key moving averages and trendline support, with price now targeting lower Fibonacci and moving average support zones amid continued bearish structure...

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Disney files early broadcast licenses renewal 'under protest' against the FCC

May 28, 2026, 5:07 PM EDT - 1 hour ago

Disney files early broadcast licenses renewal 'under protest' against the FCC

Disney filed renewal applications for eight of its broadcast station licenses on Thursday after the Federal Communications Commission launched a review years ahead of their scheduled expiration. Disne...

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Higher gas prices are driving people to membership retailers — and Costco is the latest to benefit

May 28, 2026, 5:06 PM EDT - 1 hour ago

Higher gas prices are driving people to membership retailers — and Costco is the latest to benefit

Costco's same-store sales rose 9.8% during its third quarter, well above Wall Street's estimates, as gasoline sales provided a nice bump.

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Applied Materials Bets AI Boom Will Drive Logic, DRAM and Packaging Growth

May 28, 2026, 5:03 PM EDT - 1 hour ago

Applied Materials Bets AI Boom Will Drive Logic, DRAM and Packaging Growth

Applied Materials NASDAQ: AMAT Chief Executive Officer Gary Dickerson said artificial intelligence is driving a multi-year expansion in semiconductor manufacturing demand, with the company positioned ...

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Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

May 28, 2026, 5:03 PM EDT - 1 hour ago

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

Oil inventories will hit "really, really low levels" in the coming weeks due to the Middle East conflict, said Exxon Mobil executive Neil Chapman. This will force the price of oil to shoot higher, Cha...

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Charbone Announces Q1 2026 Financial Results

May 28, 2026, 5:00 PM EDT - 1 hour ago

Charbone Announces Q1 2026 Financial Results

Brossard, Quebec, May 28, 2026 – TheNewswire – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“ CHARBONE ” or the “ Company ”), a vertically integrated industrial gases company focused on pr...

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SentinelOne provides tepid quarterly forecast, to cut 8% jobs

May 28, 2026, 4:54 PM EDT - 1 hour ago

SentinelOne provides tepid quarterly forecast, to cut 8% jobs

Cybersecurity company SentinelOne forecast second-quarter revenue below analysts' expectations on Thursday and said it would cut about 8% of its workforce as it looks to invest in growth ‌areas such ...

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Okta shares rise on earnings beat and AI-agent opportunity

May 28, 2026, 4:54 PM EDT - 1 hour ago

Okta shares rise on earnings beat and AI-agent opportunity

Okta's first-qarter earnings cleared Wall Street's expectations, and the company believes a massive market for AI-agent identity management is brewing on the horizon.

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With nearly $1 trillion valuation, Anthropic dethrones OpenAI as most valuable AI company

May 28, 2026, 4:52 PM EDT - 1 hour ago

With nearly $1 trillion valuation, Anthropic dethrones OpenAI as most valuable AI company

Anthropic is now the artificial intelligence king in Silicon Valley – unseating rival OpenAI as the most valuable AI company after a new whopping $965 billion valuation.

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Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day

May 28, 2026, 4:48 PM EDT - 1 hour ago

Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day

Gold shows potential bottoming behavior after testing the 200-day moving average, with bullish reversal signals emerging as price approaches key resistance at 50-day and 20-day levels.

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Voyageur Announces Filing Of Amended And Restated Offering Document

May 28, 2026, 4:45 PM EDT - 1 hour ago

Voyageur Announces Filing Of Amended And Restated Offering Document

Calgary, Alberta, Canada – May 28, 2026 - TheNewswire – Voyageur Pharmaceuticals Ltd. (TSX-V: VM) (the " Company " or " Voyageur "), a Canadian developer of pharmaceutical-grade barium and iodine for ...

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Dell's Earning Report Higher Than Expected | Closing Bell

May 28, 2026, 4:41 PM EDT - 1 hour ago

Dell's Earning Report Higher Than Expected | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Alexis Christoforous and Matt Miller. -------...

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Dell stock soars toward another record high as the AI boom drives a big earnings beat

May 28, 2026, 4:39 PM EDT - 2 hours ago

Dell stock soars toward another record high as the AI boom drives a big earnings beat

The company's AI-server revenue was up 757% in the first quarter, while profit beat expectations by the widest margin in at least five years.

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Private Asset Manager Hamilton Lane Rebuts Its Industry's Critics

May 28, 2026, 4:37 PM EDT - 2 hours ago

Private Asset Manager Hamilton Lane Rebuts Its Industry's Critics

Hamilton Lane says critics misunderstand how private-equity fund stakes are valued, defending the industry's practice of booking gains on discounted secondary-market purchases.

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May 28, 2026, 4:33 PM EDT - 2 hours ago

There's Another High-Profile Prediction Markets Case—And It Shows How Complex Regulating Them Can Be

The idea that uncannily accurate bets on popular Google searches might lead to charges akin to insider trading might have seemed bizarre not too long ago—but here we are.

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Costco Profit Rises as Value Offerings Draw Pressured Consumers

May 28, 2026, 4:33 PM EDT - 2 hours ago

Costco Profit Rises as Value Offerings Draw Pressured Consumers

Costco reported higher third-quarter profit as the retailer continues to draw inflation-weary consumers.

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Costco sales jump 11%, revenue tops Wall Street expectations

May 28, 2026, 4:32 PM EDT - 2 hours ago

Costco sales jump 11%, revenue tops Wall Street expectations

Costco reported an increase in net sales compared to the year-ago period, with revenue beating Wall Street estimates. The retailer said adjusted comparable sales increased 6.6% for the quarter.

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May 28, 2026, 4:29 PM EDT - 2 hours ago

American Eagle Outfitters First-Quarter Sales Rise Despite Core Brand Decline

The company's revenue rose 10% to $1.20 billion, bolstered by strength at its lingerie brand Aerie.

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Ex-JPMorgan broker awarded $4M for his firing over $642.50 deli platter claims his ouster was ‘premeditated': ‘Punch in the stomach'

May 28, 2026, 4:24 PM EDT - 2 hours ago

Ex-JPMorgan broker awarded $4M for his firing over $642.50 deli platter claims his ouster was ‘premeditated': ‘Punch in the stomach'

Ex-JPMorgan broker Brent Bodner, who was recently awarded $4.25 million in damages after he was fired over a $642.50 deli platter, said his ouster was "premeditated" — a fracas he now calls "the salam...

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Costco Wholesale beats quarterly sales estimates

May 28, 2026, 4:23 PM EDT - 2 hours ago

Costco Wholesale beats quarterly sales estimates

Costco Wholesale topped market expectations for ‌third-quarter U.S. same store sales on Thursday, helped by ⁠demand for food and other essentials at its membership-only stores.

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American Eagle Outfitters maintains annual revenue outlook

May 28, 2026, 4:20 PM EDT - 2 hours ago

American Eagle Outfitters maintains annual revenue outlook

American Eagle Outfitters kept ‌its annual sales forecast intact on Thursday, as ⁠ongoing geopolitical uncertainty and cautious spending pressured demand for its clothes and ‌accessories.

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Gap cuts sales guidance after disappointing Old Navy performance

May 28, 2026, 4:19 PM EDT - 2 hours ago

Gap cuts sales guidance after disappointing Old Navy performance

Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom. CEO Richard Dickson told CNBC sales at Old Navy were worse than expected after the brand's spring and ...

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Gap cuts annual sales forecast on pressured discretionary spending

May 28, 2026, 4:18 PM EDT - 2 hours ago

Gap cuts annual sales forecast on pressured discretionary spending

Apparel retailer Gap cut its annual sales forecast on Thursday, signaling pressure from budget-strained Americans pulling back on discretionary spending amid macroeconomic uncertainty.

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Dell Raises Fiscal Year Outlook After Sales Soar 88%

May 28, 2026, 4:15 PM EDT - 2 hours ago

Dell Raises Fiscal Year Outlook After Sales Soar 88%

The technology company said its full-year revenue is now expected to reach $165 billion to $169 billion, up from a prior range of $138 billion to $142 billion.

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Gold (XAUUSD) Price Forecast: Weak GDP Sparks Bullish Reversal at 200-Day MA

May 28, 2026, 4:14 PM EDT - 2 hours ago

Gold (XAUUSD) Price Forecast: Weak GDP Sparks Bullish Reversal at 200-Day MA

Gold prices rebounded sharply after weak GDP data and support at the 200-day moving average revived bullish XAUUSD sentiment.

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Clorox CEO to Step Down for Health Reasons

May 28, 2026, 4:13 PM EDT - 2 hours ago

Clorox CEO to Step Down for Health Reasons

Clorox Chief Executive Officer Linda Rendle is stepping down for health reasons after more than 20 years at the company.

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Dell shares jump 5% after server maker reports fastest sales growth since return to public market in 2018

May 28, 2026, 4:10 PM EDT - 2 hours ago

Dell shares jump 5% after server maker reports fastest sales growth since return to public market in 2018

Dell reported 88% year-over-year revenue growth, topping analysts estimates. The company is benefiting from demand for computer servers for artificial intelligence, as well as traditional servers and ...

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Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business

May 28, 2026, 4:10 PM EDT - 2 hours ago

Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business

Groq is looking to raise as much as $650 million from existing investors as it transitions from AI chipmaker to AI inference neocloud business, Axios reported Thursday (May 28). This move follows a $2...

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BNY CEO Says Artificial Intelligence Is a 'Super Power'

May 28, 2026, 4:10 PM EDT - 2 hours ago

BNY CEO Says Artificial Intelligence Is a 'Super Power'

BNY CEO Robin Vince talks about the history of their business, how they use artificial intelligence, and how the technology is impacting jobs. He speaks on Bloomberg Surveillance.

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Ousted BP Chair Albert Manifold denies ‘bullying' claims, challenges anonymous critics over ‘lies'

May 28, 2026, 4:09 PM EDT - 2 hours ago

Ousted BP Chair Albert Manifold denies ‘bullying' claims, challenges anonymous critics over ‘lies'

Ousted BP Chair Albert Manifold denied claims that he “bullied” colleagues in a new statement Thursday morning – though he acknowledged that he might have “pushed hard and challenged people directly.”

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Anthropic Raises $65 Billion in Funding Round, Eclipses OpenAI

May 28, 2026, 4:08 PM EDT - 2 hours ago

Anthropic Raises $65 Billion in Funding Round, Eclipses OpenAI

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. Ed ...

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Dell raises annual forecasts as AI data center buildout fuels demand

May 28, 2026, 4:08 PM EDT - 2 hours ago

Dell raises annual forecasts as AI data center buildout fuels demand

Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion ‌by clients is fueling demand for its AI-optimized servers that are powered by Nvidia's powerful chi...

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Disney Calls FCC's License Review a Threat to Speech. What to Know About the Feud.

May 28, 2026, 4:08 PM EDT - 2 hours ago

Disney Calls FCC's License Review a Threat to Speech. What to Know About the Feud.

The agency's legal battle with Disney's ABC entered a new phase, as the broadcaster complied with a regulatory order to file early license renewals for its eight local TV stations.

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Okta tops first-quarter results on agentic AI demand

May 28, 2026, 4:07 PM EDT - 2 hours ago

Okta tops first-quarter results on agentic AI demand

Okta topped Wall Street fiscal first-quarter estimates after the bell on Thursday. CEO Todd McKinnon told CNBC that agentic AI is spiking demand for identity tools, but Okta AI strategy hasn't tapped ...

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Asana acquires no-code agent-builder Stack AI

May 28, 2026, 4:06 PM EDT - 2 hours ago

Asana acquires no-code agent-builder Stack AI

Asana has acquired the workflow automation company Stack AI, the company announced on Thursday after market closed, part of a larger effort to position itself as an AI-native workplace platform. Stack...

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May 28, 2026, 4:05 PM EDT - 2 hours ago

American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads

American Eagle beat Wall Street's quarterly earnings expectations, but sales at its namesake banner disappointed after its latest Sydney Sweeney campaign. In the three months ended May 2, comparable s...

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Disney files early ABC station license renewal applications

May 28, 2026, 4:04 PM EDT - 2 hours ago

Disney files early ABC station license renewal applications

Walt Disney on Thursday filed applications for early license review ‌with the Federal Communications Commission for its eight ABC television stations after President Donald Trump pressured ⁠the reg...

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Macro Bank Q1 Earnings Call Highlights

May 28, 2026, 4:03 PM EDT - 2 hours ago

Macro Bank Q1 Earnings Call Highlights

Macro Bank NYSE: BMA reported higher first-quarter 2026 profit and maintained its annual guidance, while executives said credit demand was recovering after a seasonally weak start to the year and asse...

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Why History Will Not Care About The SpaceX IPO Valuation

May 28, 2026, 3:55 PM EDT - 2 hours ago

Why History Will Not Care About The SpaceX IPO Valuation

History never records the opening valuation of transformative companies. It records whether nations understood the industrial revolutions that those companies unleashed.

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Salesforce Is Facing a True Test, Ives Says

May 28, 2026, 3:50 PM EDT - 2 hours ago

Salesforce Is Facing a True Test, Ives Says

Dan Ives of Wedbush Securities talks about the AI space, earnings from Salesforce and Snowflake and if Tesla and SpaceX should merge. He speaks on Bloomberg Surveillance.

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7 Consumer Stocks You May Be Thinking of Buying But Shouldn't

May 28, 2026, 3:49 PM EDT - 2 hours ago

7 Consumer Stocks You May Be Thinking of Buying But Shouldn't

Retail stocks have had a tough year, but a great week. Investors should be selective when deciding to chase the rally.

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Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown

May 28, 2026, 3:43 PM EDT - 2 hours ago

Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown

The latest $65 billion fundraising round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.

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Ford's hottest business right now has absolutely nothing to do with cars

May 28, 2026, 3:41 PM EDT - 2 hours ago

Ford's hottest business right now has absolutely nothing to do with cars

Automakers not named Tesla aren't accustomed to dramatic stock spikes, but Ford is on a run of its own right now.

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Can Arm stock climb higher after fresh AI-driven analyst upgrades?

May 28, 2026, 3:24 PM EDT - 3 hours ago

Can Arm stock climb higher after fresh AI-driven analyst upgrades?

Arm Holdings shares surged on Thursday after a series of bullish analyst calls, and continued optimism around artificial intelligence infrastructure demand pushed the semiconductor architecture compan...

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Three VC Perspectives on SpaceX, AI Valuation Fever and Where to Bet Next | StrictlyVC Athens 2026

May 28, 2026, 3:23 PM EDT - 3 hours ago

Three VC Perspectives on SpaceX, AI Valuation Fever and Where to Bet Next | StrictlyVC Athens 2026

What does the SpaceX IPO mean for the startup ecosystem? Is the AI funding frenzy justified, or is it groupthink at scale?

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Amazon and Walmart Turn to Platform Economics as Consumer Spending Slows

May 28, 2026, 3:21 PM EDT - 3 hours ago

Amazon and Walmart Turn to Platform Economics as Consumer Spending Slows

Memorial Day weekend was supposed to provide another read on the resilience of the American consumer. Instead, for Amazon and Walmart, the holiday became a case study in delayed discretionary purchase...

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Anthropic nears $1 trillion valuation, leapfrogging OpenAI

May 28, 2026, 3:15 PM EDT - 3 hours ago

Anthropic nears $1 trillion valuation, leapfrogging OpenAI

A $65 billion Series H funding round follows a sharp three-month revenue surge for the Claude creator, pushing Anthropic to a fresh $965 billion valuation.

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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. And Iran May Extend Ceasefire By 60 Days

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

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. And Iran May Extend Ceasefire By 60 Days

According to recent reports, U.S. and Iran are moving towards a temporary deal that would reopen the Strait of Hormuz.

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CTS Eventim AG & Co. KGaA Q1 Earnings Call Highlights

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

CTS Eventim AG & Co. KGaA Q1 Earnings Call Highlights

CTS Eventim AG & Co. KGaA ETR: EVD reported a double-digit increase in first-quarter revenue and earnings, with management pointing to strength in Live Entertainment, resilient Ticketing revenue and a...

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Champion Iron Q4 Earnings Call Highlights

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

Champion Iron Q4 Earnings Call Highlights

Champion Iron TSE: CIA reported higher year-over-year production in its fiscal fourth quarter, while management said winter weather, a third-party train derailment, planned shutdowns and higher fuel-r...

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EQB Q2 Earnings Call Highlights

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

EQB Q2 Earnings Call Highlights

EQB TSE: EQB executives said the bank is approaching a major strategic turning point as it prepares to close its acquisition of PC Financial on July 1, while second-quarter earnings reflected higher c...

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Arteris Maps AI, Data Center and Chiplet Growth Path Toward $250M Revenue Goal

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

Arteris Maps AI, Data Center and Chiplet Growth Path Toward $250M Revenue Goal

Arteris NASDAQ: AIP outlined its view of the semiconductor system IP market, its growth strategy and its exposure to AI, data center and chiplet design trends during a TD Cowen TMT conference session ...

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TD Securities' Peter Haynes outlines the timeline for SpaceX index inclusion

May 28, 2026, 3:09 PM EDT - 3 hours ago

TD Securities' Peter Haynes outlines the timeline for SpaceX index inclusion

Peter Haynes, TD Securities, joins 'The Exchange' to discuss the fast entry rule for the Nasdaq, the barrier to entry for the S&P and much more.

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Lilly's GLP-1 medications will soon be covered by CVS, potentially opening access for millions of Americans

May 28, 2026, 3:08 PM EDT - 3 hours ago

Lilly's GLP-1 medications will soon be covered by CVS, potentially opening access for millions of Americans

That means millions more Americans may get access to Lilly's new GLP-1 pill Foundayo or the GLP-1 injection Zepbound.

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3 Stocks Rallying on Micron's Price Boost: Substance or Hype?

May 28, 2026, 3:05 PM EDT - 3 hours ago

3 Stocks Rallying on Micron's Price Boost: Substance or Hype?

The raging semiconductor rally received another boost this week when UBS analyst Timothy Arcuri raised his price target on Micron Technology Inc. NASDAQ: MU to a stunning $1625, nearly triple its prev...

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The Korean Linchpin: Why IEMG Is Outperforming VWO YTD

May 28, 2026, 3:03 PM EDT - 3 hours ago

The Korean Linchpin: Why IEMG Is Outperforming VWO YTD

Global market uncertainty, inflation, and higher-for-longer interest rates should be keeping emerging market (EM) performance bottled up, then saved for another day. However, the MSCI Emerging Markets...

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Need Income? American Century Debuts Securitized Credit ETF

May 28, 2026, 3:03 PM EDT - 3 hours ago

Need Income? American Century Debuts Securitized Credit ETF

The ETF ecosystem grows day by day, spiking in recent years with serious inflows and many new active ETF launches. American Century Investments has added to the active ETF pool with its latest launch ...

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Trump Regulator Moves to Drop Case That Drew Ire of Winklevoss Twins

May 28, 2026, 3:03 PM EDT - 3 hours ago

Trump Regulator Moves to Drop Case That Drew Ire of Winklevoss Twins

A $5 million settlement at the end of the Biden administration became the focus of a lobbying campaign by the billionaire brothers.

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White House Drone Funding News Sent DRNZ 15% Higher

May 28, 2026, 3:02 PM EDT - 3 hours ago

White House Drone Funding News Sent DRNZ 15% Higher

The global defense industry continues to move rapidly from legacy, heavy-hardware platforms to agile, unmanned systems. Today, the Trump Administration announced that it's pursuing funding deals for d...

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Altcoins: Why Beyond-Bitcoin Exposure Matters for Portfolios

May 28, 2026, 3:02 PM EDT - 3 hours ago

Altcoins: Why Beyond-Bitcoin Exposure Matters for Portfolios

Altcoins now represent 31% of total crypto market capitalization, generate more than $4B in annualized network revenue, and underpin over $310B in tokenized assets. As institutional adoption shifts fr...

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Best Buy stock jumps 18%: Here's why Jefferies sees more upside

May 28, 2026, 3:00 PM EDT - 3 hours ago

Best Buy stock jumps 18%: Here's why Jefferies sees more upside

Shares of Best Buy (BBY) surged 18% on Thursday after the electronics retailer reported stronger-than-expected first-quarter earnings, boosted by higher margins and modest sales growth. The stock rall...

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Anthropic leapfrogs OpenAI as the most valuable AI startup — and drops a new model

May 28, 2026, 2:59 PM EDT - 3 hours ago

Anthropic leapfrogs OpenAI as the most valuable AI startup — and drops a new model

Anthropic released Opus 4.8, its latest general-purpose model, and closed a $65 billion fundraise. The company's new $965 billion valuation brings it above OpenAI's as the rivals eye IPOs.

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Anthropic Is Now Worth Almost $1 Trillion—More Than OpenAI

May 28, 2026, 2:55 PM EDT - 3 hours ago

Anthropic Is Now Worth Almost $1 Trillion—More Than OpenAI

Anthropic secured a $900 billion valuation Thursday following a Series H fundraise of $65 billion, overtaking OpenAI as the world's most valuable artificial intelligence startup.

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Anthropic raises $65 Billion, nears $1T valuation ahead of IPO

May 28, 2026, 2:52 PM EDT - 3 hours ago

Anthropic raises $65 Billion, nears $1T valuation ahead of IPO

Anthropic has snagged another $65 billion in funding at a $965 billion post-money valuation, marking what could be the AI startup's last private round before debuting on the public markets.

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Fiserv Turns to Cognition to Modernize Banking Tech

May 28, 2026, 2:48 PM EDT - 3 hours ago

Fiserv Turns to Cognition to Modernize Banking Tech

Payments and financial technology provider Fiserv is teaming with AI agent lab Cognition. The collaboration will see the companies use artificial intelligence (AI) software engineer, Devin, to moderni...

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New '60 Minutes' head Nick Bilton says Paramount hired him to pivot the show before ratings decline

May 28, 2026, 2:42 PM EDT - 3 hours ago

New '60 Minutes' head Nick Bilton says Paramount hired him to pivot the show before ratings decline

CBS News announced Nick Bilton will become the new executive producer of "60 Minutes," replacing Tanya Simon. Bilton is a former New York Times technology columnist and has made several documentaries ...

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Anthropic Hits $965 Billion Post-Money Valuation

May 28, 2026, 2:42 PM EDT - 3 hours ago

Anthropic Hits $965 Billion Post-Money Valuation

Anthropic reached a $965 billion post-money valuation after it raised $65 billion in Series H funding.

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Anthropic surges past OpenAI with $900B valuation in new funding

May 28, 2026, 2:33 PM EDT - 4 hours ago

Anthropic surges past OpenAI with $900B valuation in new funding

Anthropic has raised $65 billion in a new funding round that values the artificial intelligence start-up at $900 billion before the inclusion of the new capital, propelling the company past OpenAI as ...

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Snowflake and the Snowballing Impact of its AI Flywheel

May 28, 2026, 2:30 PM EDT - 4 hours ago

Snowflake and the Snowballing Impact of its AI Flywheel

Snowflake NYSE: SNOW is only the latest example of how the AI flywheel is gaining momentum. Demand for the company's product is hot, exceeding expectations and driving management to increase spending.

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TD Bank Says AI Is Cutting Mortgage Approvals From 15 Hours to 3 Minutes

May 28, 2026, 2:27 PM EDT - 4 hours ago

TD Bank Says AI Is Cutting Mortgage Approvals From 15 Hours to 3 Minutes

TD Bank's latest earnings call suggested the industry is moving into a more operational phase in its use of artificial intelligence, where AI is increasingly tied to loan approvals, fraud management a...

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Canada's South Bow delays Keystone XL restart until US permit assured

May 28, 2026, 2:24 PM EDT - 4 hours ago

Canada's South Bow delays Keystone XL restart until US permit assured

South Bow will not proceed with a partial revival of ‌the Keystone XL pipeline until it has proof that a U.S. presidential permit is "durable," the pipeline operator's CEO, Bevin Wirzba, said on Th...

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Anthropic's Claude Opus 4.8 is here with 3X cheaper fast mode and near-Mythos level alignment

May 28, 2026, 2:23 PM EDT - 4 hours ago

Anthropic's Claude Opus 4.8 is here with 3X cheaper fast mode and near-Mythos level alignment

Anthropic today released Claude Opus 4.8, an upgrade to its flagship model that ships at the same price as its predecessor, alongside a dramatically cheaper "fast mode" tier and a new feature that let...

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Brazil's Petrobras to sign contract for oil platforms with SBM Offshore, says executive

May 28, 2026, 2:20 PM EDT - 4 hours ago

Brazil's Petrobras to sign contract for oil platforms with SBM Offshore, says executive

Brazil's state-run oil firm Petrobras' ‌negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) ⁠for its Sergipe deepwater project is done, an executive from the comp...

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California sues 23andMe over 2023 data breach

May 28, 2026, 2:19 PM EDT - 4 hours ago

California sues 23andMe over 2023 data breach

The genetics testing company formerly ‌known as 23andMe was sued on Thursday by California ⁠Attorney General Rob Bonta, over a 2023 data breach

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Anthropic raises $65 billion, now valued at $965 billion

May 28, 2026, 2:16 PM EDT - 4 hours ago

Anthropic raises $65 billion, now valued at $965 billion

Anthropic said on ‌Thursday it has raised $65 ⁠billion in a series H funding round, valuing ‌it ⁠at $965 billion post-money.

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Amazon plans to make SpaceX's Grok models available on its flagship AI service

May 28, 2026, 2:14 PM EDT - 4 hours ago

Amazon plans to make SpaceX's Grok models available on its flagship AI service

Amazon Bedrock may soon host SpaceX's Grok, enhancing AWS's AI model offering. SpaceX's Grok models could expand reach via AWS and gain access to more corporate cloud customers.

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