Market News - Mboum.com

May 8, 2026, 3:23 AM EDT - 7 minutes ago

Nintendo Forecasts Weaker Switch 2 Sales, Net Profit

The videogame maker's net profit rose 52% for the year ended March.

May 8, 2026, 3:19 AM EDT - 11 minutes ago

Stellantis and China's Leapmotor Deepen Ties to Drive European EV Expansion

The Jeep-maker and Chinese auto manufacturer plan moves to both boost production and lower costs.

STLA

May 8, 2026, 3:07 AM EDT - 23 minutes ago

US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports

A firm linked to Thailand's national AI initiative is suspected of helping smuggle ‌billions of dollars' worth of Super Micro Computer servers containing advanced Nvidia chips to China, Bloomberg N...

BABA NVDA

May 8, 2026, 3:00 AM EDT - 30 minutes ago

Intertek Rejects Sweetened $12.1 Billion Offer From EQT

Intertek rejected the improved proposal from buyout group EQT, saying that it undervalues the company and it remains committed to a strategic review.

BABA NVDA

May 8, 2026, 2:43 AM EDT - 47 minutes ago

British Airways Owner IAG Cuts 2026 Outlook on Soaring Jet-Fuel Prices

International Consolidated Airlines Group lowered its forecasts for 2026 despite a jump in profit, citing the impact of the Iran war and the increase in jet fuel prices.

BABA NVDA

May 8, 2026, 2:39 AM EDT - 51 minutes ago

Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites

BABA NVDA

May 8, 2026, 2:38 AM EDT - 52 minutes ago

Toyota Projects Lower Profit Due to Middle East Impact

The Japanese carmaker reported higher quarterly net profit but said it expects the Middle East conflict to take a toll on its bottom line this fiscal year.

TM NVDA

May 8, 2026, 2:20 AM EDT - 1 hour ago

Stellantis , China's Leapmotor plan to expand EV partnership, boost European production

Stellantis said on Friday it would expand its partnership ‌with China's Leapmotor , through manufacturing cooperation in Europe.

STLA NVDA

May 8, 2026, 2:11 AM EDT - 1 hour ago

Britain's Intertek rejects EQT's $12-billion takeover bid

Britain's Intertek rejected a ‌sweetened 8.93 billion pound ($12.12 billion) takeover proposal ⁠from Swedish private equity firm EQT AB on Friday, saying it ‌undervalued ⁠the product testing co...

STLA NVDA

May 8, 2026, 2:09 AM EDT - 1 hour ago

Polish utility Enea's core profit slides 20% on weaker mining, retail trading

Polish utility Enea reported a 20% drop in its first-quarter core profit late on Thursday, as a high year-ago comparison in its mining segment and ‌weaker retail trading margins offset gains in power...

EPOL NVDA

May 8, 2026, 1:59 AM EDT - 1 hour ago

Commerzbank to Cut 3,000 Jobs, Spend on AI as it Raises Targets Amid UniCredit Bid

The lender said it would raise its expectations for 2028, and set new targets in a plan for 2030, amid a takeover bid from UniCredit.

EPOL NVDA

May 8, 2026, 1:51 AM EDT - 1 hour ago

Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

Airbnb's CEO Brian Chesky sees his company changing significantly with AI. He said nearly 60% of the company's code is now written by AI.

ABNB NVDA

May 8, 2026, 1:46 AM EDT - 1 hour ago

RBC lifts S&P 500 year-end target to 7,900 on AI optimism

RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient ‌earnings growth and continued strength in artificial intelligence‑linked sectors.

IVV SPXL SPY SSO UPRO VOO

May 8, 2026, 1:39 AM EDT - 1 hour ago

‘Not a Chance Hormuz Opens': How Wall Street's new NACHO trade bets on a prolonged oil shock

Traders are embracing the “NACHO” trade as doubts grew over a quick Hormuz reopening. Oil and shipping markets signaled fears of a prolonged disruption.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 1:13 AM EDT - 2 hours ago

Commerzbank upgrades targets as it fends off UniCredit takeover

Commerzbank ‌on Friday upgraded a ⁠series of financial targets after Italy's UniCredit this week formally made a ‌lowball ⁠takeover bid for Germany's second-largest bank.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 1:08 AM EDT - 2 hours ago

Toyota sees 20% drop in annual profit as Iran war weighs

Toyota forecast a 20% decline in profit ‌for the current financial year on Friday, as cost and supply uncertainties stemming ⁠from the Middle East conflict weigh on earnings even as robust demand...

TM DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 1:04 AM EDT - 2 hours ago

Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

The world's largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.

TM DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 1:03 AM EDT - 2 hours ago

Some Unilever investors seek ESG reassurances in McCormick food deal

With Unilever set to spin off its food unit and merge it with U.S. peer McCormick , some investors plan to press the combined entity to adopt the same standards against deforestation and environmenta...

MKC UL GUSH IEO OIH PXJ UCO

May 8, 2026, 12:24 AM EDT - 3 hours ago

McDonald's CEO just shared some bad news about the K-shaped economy

McDonald's CEO Chris Kempczinski hinted that the K-shaped economy might be getting worse. He said higher-income consumers are spending normally, while lower-income shoppers are cutting back more.

MCD UL GUSH IEO OIH PXJ UCO

May 8, 2026, 12:14 AM EDT - 3 hours ago

Anthropic weighs fundraising for near $1 trillion valuation, FT reports

Anthropic is weighing raising tens ‌of billions of dollars this summer to fund ⁠a major expansion in computing capacity, a move that could lift its valuation to ‌nearly $1 ⁠trillion and put it ...

MCD UL GUSH IEO OIH PXJ UCO

May 8, 2026, 12:02 AM EDT - 3 hours ago

Gold and Silver Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data

Gold and silver recover as easing inflation fears and U.S.-Iran peace hopes support sentiment, but both metals still need clear breakouts to confirm the next rally.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:02 AM EDT - 3 hours ago

Sony Quarterly Profit Slides on EV Losses, Game Weakness

The Japanese entertainment and electronics company net profit dropped 63% from a year earlier to 83.12 billion yen.

SONY BAR DBP GLD GLDM IAU OUNZ

May 7, 2026, 11:40 PM EDT - 3 hours ago

Nvidia to invest up to $2.1 billion in IREN AI infrastructure deal

Nvidia and IREN announced a strategic partnership on Thursday aimed at accelerating the deployment of next-generation artificial intelligence infrastructure, as global demand for computing power conti...

IREN NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 11:06 PM EDT - 4 hours ago

Sony forecasts 11% rise in annual profit but lower sales

Sony forecast on Friday its operating profit for the year ending March 2027 ‌would rise 11% to 1.6 trillion yen ($10.20 billion), with higher profit but lower sales at its main gaming business.

SONY NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 10:39 PM EDT - 4 hours ago

BILL Plans 30% Workforce Cut as AI Becomes Top Priority

BILL plans to reduce its workforce by 30% by the end of the quarter as it sharpens its focus on artificial intelligence, BILL CEO and Founder René Lacerte said Thursday (May 7) during the company's th...

BILL NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 9:27 PM EDT - 6 hours ago

Mercado Libre Sacrifices Short-Term Profits to Fuel Growth

Mercado Libre's investments in free shipping, a Mercado Pago credit card, first-party selection and cross-border trade drove a 49% year-over-year increase in net revenue and financial income in the fi...

MELI NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 9:13 PM EDT - 6 hours ago

Affirm Earnings Put Consumer Credit, Private Credit in Focus

Affirm's latest quarter earnings call landed at a revealing moment for consumer finance. The company plays at the intersection of two of the most important and most uncertain areas of the economy: con...

AFRM NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 9:00 PM EDT - 6 hours ago

How Anthropic's Mythos Threw the White House AI Strategy Into Chaos

The Trump administration's recent effort to be involved in the rollout of new models marks a shift from a hands-off approach.

AFRM NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 8:56 PM EDT - 6 hours ago

Biotech firm Odyssey raises $279 million in upsized US IPO

Biopharmaceutical company ‌Odyssey Therapeutics has raised $279 ⁠million in its upsized U.S. initial public offering, ‌the ⁠company said on Thursday.

ODTX NVDA DBP GLD GLDM IAU OUNZ

May 7, 2026, 8:56 PM EDT - 6 hours ago

Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire

Oil prices rose Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz. President Donald Trump, in a call with an ABC News reporter later Thursday, insisted that the ceasefire remains i...

BNO DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 8:53 PM EDT - 6 hours ago

Block Rallies as AI Push Turns Cash App Into a Lending Hub

Block's first-quarter earnings report was the company's first since its sweeping organizational restructuring and staff reductions earlier this year, and management used the call to highlight accelera...

XYZ DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 8:29 PM EDT - 7 hours ago

Oil Rises Amid Signs of Rising Strait of Hormuz Tensions

Oil rose in early Asian trade amid signs of rising tensions in the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is typically transported.

BNO DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 8:24 PM EDT - 7 hours ago

Half of Luxury Shoppers Prefer Resale, and The RealReal Saw It Coming

Luxury resale used to be a secondary consideration. The numbers say it isn't anymore.

REAL DBO GUSH IEO OIH PXJ UCO

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

For 70 Years, Whirlpool Paid a Dividend. Suddenly It Can't Afford One.

Investors question the company's recovery plan and its decision to halt quarterly payout.

WHR DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 8:09 PM EDT - 7 hours ago

Anthropic introduces "dreaming," a system that lets AI agents learn from their own mistakes

Anthropic on Tuesday unveiled a suite of updates to its Claude Managed Agents platform at its second annual Code with Claude developer conference in San Francisco, introducing a new capability called ...

WHR DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 8:07 PM EDT - 7 hours ago

Nvidia CEO Jensen Huang says Corning partnership will 'revitalize American manufacturing'

Nvidia CEO Jensen Huang and Corning CEO Wendell Weeks joins 'Mad Money' host Jim Cramer to talk the companies recent partnership.

GLW NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 8:02 PM EDT - 7 hours ago

Coinbase's Reinvention Hits a Wall With $394 Million Quarterly Loss

As crypto gained ground in both Washington and Wall Street over the past two years, Coinbase worked to position itself as the mature face of the crypto industry. After all, the U.S.

COIN NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 7:48 PM EDT - 7 hours ago

Gold Rises on Signs of Ongoing U.S.-Iran Tensions

Gold rose in early Asian trade on signs of ongoing U.S.-Iran tensions that could enhance the safe-haven appeal of the precious metal.

AAAU BAR DBP GLD GLDM IAU OUNZ

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

Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump's tariffs

Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald ...

BNO DBO GUSH IEO OIH PXJ UCO

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

Bloodbath at Silicon Valley giant as CEO's savage memo to staff emerges

The internet security and cloud networking firm revealed the massive cuts on Thursday.

NET DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 7:27 PM EDT - 8 hours ago

Nintendo Announces Star Fox Remake for Switch 2!

Star Fox is officially returning. Nintendo confirmed a full remake of Star Fox 64 for Nintendo Switch 2, with a release date set for June 25.

NET DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 7:19 PM EDT - 8 hours ago

Nvidia funds construction of Corning plants, in addition to equity investment

Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition ‌to taking an equity stake of up to $3.2 billion disclosed earlier this week, the CEOs of the tw...

GLW NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 7:07 PM EDT - 8 hours ago

How Citigroup Can Get to the Next Level

CEO Jane Fraser has cleaned up some big problems. Now it's time for the bank to show it can excel.

C NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 7:07 PM EDT - 8 hours ago

Airbnb is seeing some of its fastest growth from this surprising segment

The travel app has seen some demand disruptions from the Iran war but is seeing early success with its recent pivot into offering hotel bookings.

ABNB NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 6:49 PM EDT - 8 hours ago

Nvidia CEO says AI partnership with Corning will 'revitalize American manufacturing'

Nvidia CEO Jensen Huang highlighted his company's partnership with Corning as an opportunity to reinvest in American manufacturing. As part of the partnership, Corning will increase optical manufactur...

GLW NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 6:41 PM EDT - 8 hours ago

Relaunched Dick's Sporting Goods Credit Card Offers 10% Back

Dick's Sporting Goods has relaunched its credit card program and now offers its cardholders 10% back in rewards on qualifying purchases at its brands.

DKS NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 6:24 PM EDT - 9 hours ago

OpenAI launches new voice intelligence features in its API

OpenAI said Thursday that its API will now include a number of new voice intelligence features designed to help developers create apps that can talk, transcribe, and translate conversations with users...

DKS NVDA GUSH IEO OIH PXJ UCO

May 7, 2026, 6:20 PM EDT - 9 hours ago

US oil prices jump on US-Iran hostilities

U.S. crude futures rose ‌as much as 3% in early trading on Friday ⁠after renewed hostilities broke out between the U.S. and Iran.

BNO DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 6:20 PM EDT - 9 hours ago

Beyond Bank Runs: The OCC Warns Of A More Complex Financial Threat

The Office of the Comptroller of the Currency's latest risk assessment offers a striking message for the banking industry: the U.S. financial system may appear stable on the surface, but underneath, r...

KBE KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:19 PM EDT - 9 hours ago

Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes

Cloudflare shares plummeted after-hours Thursday as the company announced it is cutting over one-fifth of its workforce. The company's first-quarter earnings beat analysts' expectations.

NET KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:16 PM EDT - 9 hours ago

Shale producer Devon Energy approves $8 billion share buyback plan

U.S. oil and gas producer Devon Energy said on Thursday its board had approved a $8 ‌billion share repurchase program, a week after activist investor Kimmeridge called for higher shareholder returns.

DVN KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:07 PM EDT - 9 hours ago

Iren's stock soars as a major Nvidia investment overshadows revenue shortfall

Shares of the neocloud company Iren soared after the bell Thursday following a slew of fresh developments: an earnings report, an acquisition and a critical new artificial-intelligence infrastructure ...

NVDA KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:06 PM EDT - 9 hours ago

OpenAI rolls out new model for cybersecurity teams a month after Anthropic's Mythos debut

OpenAI said GPT-5.5-Cyber, a variation of its latest AI model, is rolling out in a limited preview capacity to vetted cybersecurity teams. The model is trained to be more permissive on security-relate...

NVDA KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:03 PM EDT - 9 hours ago

Exclusive: SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies

SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and fund purchases of pricey manufacturing tools as they rush to secure memory chips,...

NVDA KIE KRE XLF OIH PXJ UCO

May 7, 2026, 6:02 PM EDT - 9 hours ago

Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal

Nvidia will invest up to $2.1 billion in data center operator IREN , as part of a broader deal to deploy up to 5 ‌gigawatts of infrastructure to keep up with soaring artificial intelligence demand.

IREN NVDA KRE XLF OIH PXJ UCO

May 7, 2026, 6:01 PM EDT - 9 hours ago

Thursday's Takeaways: Oil Prices in Focus Ahead of Jobs Report

Marley Kayden and Sam Vadas close out Thursday's market action with a glimpse at the energy markets as crude oil prices continue to be volatile with back-and-forth updates out of the Middle East. Plus...

BNO DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 6:01 PM EDT - 9 hours ago

Cloudflare to cut 20% of staff in a big bet on AI. Investors aren't sold.

Cloudflare said it was laying off at least a fifth of its global workforce, citing the company's increased adoption of artificial-intelligence tools.

NET DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 6:00 PM EDT - 9 hours ago

Why Wait for SpaceX? This Space IPO Jumped 30%

Investors may have to wait a bit longer for the SpaceX IPO—but they seem to be shopping for space stocks in the meantime.

NET DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:54 PM EDT - 9 hours ago

Monster Beverage Sales Boosted by International Brands, Weaker Dollar

The energy-drink maker said international sales were up almost 45% for the quarter at over $1 billion, and now make up about 45% of its total revenue.

MNST DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:53 PM EDT - 9 hours ago

DraftKings Swings to First-Quarter Profit on Better Sportsbook Margins

The online sports betting company posted a profit of $21.1 million on strong engagement from a growing roster of customers.

DKNG DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:50 PM EDT - 9 hours ago

McKesson expects 2027 profit slightly above estimates on drug distribution strength

McKesson forecast 2027 profit slightly above Wall Street expectations after beating first-quarter profit estimates on Thursday, as the U.S. drug distributor ‌banks on strength in its oncology and spe...

MCK DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:49 PM EDT - 9 hours ago

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%

Kodiak AI's stock tumbled 37% in after-hours trading Thursday after the self-driving truck startup disclosed it had raised $100 million by selling shares at a steep discount — a sign that investors we...

KDK DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:47 PM EDT - 9 hours ago

News Corp beats quarterly earnings expectations, driven by Dow Jones, real estate units

"News Corp has again delivered resounding results this quarter, and we remain on track for another year of record profitability given the strength seen thus far in the fourth quarter," said News Corp ...

NWS NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:44 PM EDT - 9 hours ago

BILL cuts about 30% jobs to boost profitability, shares jump

Payments firm BILL said on Thursday it was cutting its workforce by up to 30% in an effort to increase profitability, sending its shares up over 8% in extended ‌trading.

BILL NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:43 PM EDT - 9 hours ago

Consolidated Edison posts higher quarterly profit on robust power demand

Consolidated Edison reported a rise in first-quarter profit on Thursday, helped by robust demand for its electricity, gas and steam services amid freezing temperatures ‌across the U.S.

ED NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:42 PM EDT - 9 hours ago

SoundHound's stock falls as acquisitions weigh on earnings results

SoundHound AI has been on an acquisition spree in recent years. Now investors are getting a better understanding of the financial tradeoffs.

SOUN NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:40 PM EDT - 9 hours ago

Disney looking to make a unified ‘super app,' report says

Disney senior executives could potentially combine Disney+ with other apps like Disneyland Resort and Disney Cruise Line Navigator to make one unified app, according to a report from Bloomberg.

DIS NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:40 PM EDT - 9 hours ago

Trade Desk's stock falls as earnings suggest the company's problems are intensifying

Growth slowed further in the latest quarter, while profit came up short of expectations.

TTD NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 5:32 PM EDT - 9 hours ago

Top AI Memory Stocks for 2026

It's the trade of the year and it's still going. I'm talking about AI of course, but more specifically, I mean memory and storage stocks.

MU SNDK WDC IEO OIH PXJ UCO

May 7, 2026, 5:29 PM EDT - 10 hours ago

IREN shares pop 13% on AI infrastructure deal with Nvidia

IREN stock rose in extended-trading on Thursday after the data center operator announced a partnership with semiconductor giant Nvidia. The data center operator will issue Nvidia a five-year right to ...

NVDA SNDK WDC IEO OIH PXJ UCO

May 7, 2026, 5:29 PM EDT - 10 hours ago

Silver outperforms gold to test $80 as US-Iran talks drive metals volatility - Kitco PM Report

Spot gold prices were firmer and spot silver prices were sharply higher late Thursday, with traders balancing softer U.S. labor data against rising Treasury yields, oil volatility and another round of...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 7, 2026, 5:27 PM EDT - 10 hours ago

ALPS Spotlights 3 Funds for Volatility

Elevated geopolitical tensions and policy uncertainty are creating higher cross-asset volatility in 2026, driving sharp market rotations that expose concentration risks in traditional portfolios, acco...

EQL MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:26 PM EDT - 10 hours ago

Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era'

Cloudflare on Thursday announced layoffs of 1,100 staff as it reorganizes for "the agentic AI era." First-quarter earnings exceeded expectations, but Cloudflare shares dropped over 14% after hours.

NET MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:25 PM EDT - 10 hours ago

Coinbase Q1 revenue miss. Stock falls amid AI layoffs

Coinbase Global (COIN) stock moves lower in Thursday extended hours after the cryptocurrency exchange released first quarter revenue of $1.4 billion that fell below Wall Street estimates of $1.49 bill...

COIN MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:23 PM EDT - 10 hours ago

Soon-to-be SpaceX billionaires are gearing up for a windfall

“It's completely life changing,” an anonymous source who invested in SpaceX nearly 20 years ago told NYNext.

COIN MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:23 PM EDT - 10 hours ago

Cloudflare to Slash 1,100 Jobs Due to AI-Driven Restructuring Plan

The cuts are a response to artificial intelligence triggering a “paradigm shift” in the software industry, said Chief Executive Matthew Prince.

NET MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:19 PM EDT - 10 hours ago

AppLovin (APP) Price Forecast: Double Bottom Targets Breakout

AppLovin rallied sharply after testing key support, as a bullish reversal and developing double bottom pattern point toward a possible breakout above major resistance.

APP MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:19 PM EDT - 10 hours ago

Live from Napa: AI dealmaking surges, from roll-ups to Anthropic's compute push

The AI trade keeps broadening. Compute demand is outrunning labs' most extreme forecasts.

APP MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:15 PM EDT - 10 hours ago

Rocket Lab's stock rises upon new signs its business is expanding rapidly

The SpaceX competitor said it has a record backlog of $2.2 billion, more than the $2 billion expected by Wall Street, according to the FactSet consensus. That's up more than 20% on a sequential basis.

RKLB MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:14 PM EDT - 10 hours ago

New Fortress Energy faces Nasdaq warning over share price

New Fortress Energy said on Thursday it received a notice from the Nasdaq stock exchange that the liquefied natural gas ‌developer no longer complies with the minimum bid price requirement for contin...

NFE MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:13 PM EDT - 10 hours ago

Ramp Eyes $40 Billion Valuation in New Funding Round

Financial operations platform Ramp is looking to raise $750 million at a valuation of more than $40 billion, The Wall Street Journal (WSJ) reported Thursday (May 7), citing unnamed sources. The financ...

NFE MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:12 PM EDT - 10 hours ago

Starz Exits Pay-2 Deal With Universal As It Revisits Content Costs

Starz CEO Jeff Hirsch said the company has exited its pay-2 deal with Universal as it revisits content costs a year into its run as a standalone. “As we have continued to highlight, right-sizing the c...

STRZ MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:12 PM EDT - 10 hours ago

Starz Exits Universal Output Deal As It Revisits Content Costs

Starz CEO Jeff Hirsch said the company has exited its output deal with Universal as it revisits content costs a year into its run as a standalone. “Today, we are announcing that we have exited our Pay...

STRZ MNBD SMTH GLD GLDM IAU OUNZ

May 7, 2026, 5:12 PM EDT - 10 hours ago

7 stocks expecting a post-earnings jolt — including Applied Materials and Cisco Systems

S&P 500 investors are charging ahead — and bullish market indicators blaze the trail.

AMAT CSCO BABA CSIQ HIMS JD SE

May 7, 2026, 5:10 PM EDT - 10 hours ago

Argentina's YPF swings to profit in first quarter

Argentina's state oil firm ‌YPF swung to a net profit of $409 million in the first ⁠three months of 2026, reversing a net $10 million loss from a year ago, the firm said ‌in ⁠a statement on Thu...

YPF CSCO BABA CSIQ HIMS JD SE

May 7, 2026, 5:10 PM EDT - 10 hours ago

Monster Beverage beats estimates on strong demand for energy drinks

Monster Beverage beat Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for energy drinks ‌remained strong despite broader economic uncertainty.

MNST CSCO BABA CSIQ HIMS JD SE

May 7, 2026, 5:10 PM EDT - 10 hours ago

Mattel Shareholder Wants Company to Sell

Southeastern Asset Management is calling for a sale of Mattel, arguing it would be better off if owned by a private equity firm, competitor or large media company.

MAT CSCO BABA CSIQ HIMS JD SE

May 7, 2026, 5:08 PM EDT - 10 hours ago

Motorola Solutions raises annual forecasts on robust demand

Motorola Solutions on Thursday raised its full-year revenue and profit forecasts, driven by strong demand for its critical communications equipment and video security systems.

MSI CSCO BABA CSIQ HIMS JD SE

May 7, 2026, 5:07 PM EDT - 10 hours ago

Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe

Amazon Web Services (AWS) announced in a Thursday (May 7) company blog post a set of tools designed to allow artificial intelligence agents to conduct financial transactions autonomously.

AMZN COIN BABA CSIQ HIMS JD SE

May 7, 2026, 5:04 PM EDT - 10 hours ago

Crude Oil Price Forecast: Triangle Pattern Signals Volatility Contraction

Crude oil continues consolidating near key moving average support as a developing triangle pattern points to a potentially sharp volatility breakout in coming weeks.

BNO DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:04 PM EDT - 10 hours ago

US FDA issues recall of Boston Scientific heart devices

Boston Scientific has issued an urgent recall to correct several heart devices after the U.S. Food and Drug Administration classified the action as its ‌most serious recall, the regulator said on Thu...

BSX DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:03 PM EDT - 10 hours ago

Coinbase turns into a poster child for the crypto selloff

Coinbase's quarterly earnings include a 40% on-year decline for transaction revenue, illustrating the effects of a weaker crypto market.

COIN DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:02 PM EDT - 10 hours ago

Block Lifts Guidance on Higher Payment Volumes, Boom in Lending

The fintech company now expects adjusted earnings of $3.85 a share this year, a 62% uplift from 2025.

XYZ DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:01 PM EDT - 10 hours ago

JFrog Earnings Beat Expectations. CEO Says AI Will Drive More Demand.

JFrog raised its full-year outlook after first-quarter earnings and revenue topped Wall Street expectations, with the company saying AI coding agents are driving cloud demand.

FROG DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 5:00 PM EDT - 10 hours ago

Coinbase Global Swings to Loss Amid Softer Crypto Market

The cryptocurrency exchange posted a loss of $394.1 million as a weak crypto market weighed on its top line.

COIN DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 4:59 PM EDT - 10 hours ago

Hackers deface school login pages after claiming another Instructure hack

On Tuesday, education tech giant Instructure disclosed a data breach where hackers stole students' private information, including their names, personal email addresses, and messages sent between teach...

INST DBO GUSH IEO OIH PXJ UCO

May 7, 2026, 4:58 PM EDT - 10 hours ago

News Corp Revenue Climbs with Growth at Dow Jones, Real Estate Units

The media company expects record profitability for its full fiscal year.

NWS NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 4:56 PM EDT - 10 hours ago

Shake Shack shares shook by sales shock, sliding 30%

“We continue to see declines in tourism in our largest urban markets, particularly New York City,” said Shake Shack CEO Rob Lynch.

SHAK NWSA GUSH IEO OIH PXJ UCO

May 7, 2026, 4:56 PM EDT - 10 hours ago

Software Shines With Booming Earnings Season Thundering Along

Strong quarterly reports limit the damage as S&P pulls back from record.

DDOG FTNT GUSH IEO OIH PXJ UCO

Latest News