Market News - Mboum.com

May 18, 2026, 8:30 PM EDT - 10 minutes ago

New York City mayor Mamdani meets JPMorgan's Dimon at new headquarters

Zohran Mamdani met JPMorgan Chase Chief Executive Jamie Dimon at the bank's new headquarters on Monday, weeks after the New York ‌City mayor drew backlash for his plans to tax the rich.

JPM

May 18, 2026, 8:24 PM EDT - 16 minutes ago

BBVA Takes Its Banking Experience Into ChatGPT

Most banks build an app and ask customers to come to them. BBVA is trying something different.

BBVA

May 18, 2026, 8:13 PM EDT - 27 minutes ago

Google, Blackstone to create new AI cloud company, WSJ reports

Alphabet's Google and Blackstone plan to ‌launch an artificial-intelligence cloud company using Google's specialized chips, the ⁠Wall Street Journal reported on Monday, citing sources.

GOOG GOOGL

May 18, 2026, 8:03 PM EDT - 37 minutes ago

2027 Volvo EX60 Arrives in US With $59,795 Starting Price and a Lot to Prove

The Swedish brand's most critical EV yet arrives with 307 miles of range, 800-volt charging and the weight of an entire electrification strategy on its shoulders.

GOOG GOOGL

May 18, 2026, 8:01 PM EDT - 39 minutes ago

Gold Rises Amid Hopes for U.S.-Iran Peace Deal

Gold rose in early Asian trade amid hopes for a U.S.-Iran peace deal that could lead to lower oil prices.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 18, 2026, 8:00 PM EDT - 40 minutes ago

Justin Bergner Picks GOOGL & AMZN as AI Optimism Meets Reality

Justin Bergner says AI-driven earnings gains are masking weak free cash flow as volumes thin. He highlights opportunities in Alphabet (GOOGL) and Amazon (AMZN), which are competing with traditional de...

AMZN GOOG GOOGL GLD GLDM IAU OUNZ

May 18, 2026, 8:00 PM EDT - 40 minutes ago

Google and Blackstone to Create New AI Cloud Company

The duo plans to launch the unnamed U.S. company with $5 billion in equity capital from Blackstone, which will be the majority owner, according to people familiar with the matter.

GOOG GOOGL GOOGL GLD GLDM IAU OUNZ

May 18, 2026, 7:58 PM EDT - 42 minutes ago

Japan's economy grows at an annualized 2.1% rate in the first quarter, beating expectations

GDP rose by 2.1% on an annualised basis, compared with Reuters-polled analysts' average estimate of 1.7%, and against the 1.3% in the previous quarter. On a quarter-on-quarter basis, the economy expan...

BBJP DBJP DFJ DXJ EWJ EZJ FLJP

May 18, 2026, 7:36 PM EDT - 1 hour ago

StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030

Standard Chartered on Tuesday raised its return target to more than 15% in 2028 ‌and said it plans to cut its corporate function roles by about 15% by 2030.

BBJP DBJP DFJ DXJ EWJ EZJ FLJP

May 18, 2026, 7:17 PM EDT - 1 hour ago

Australia's farmers, hit by Iran war costs and dry weather, grow less wheat

Justin Everitt is planting 50% less wheat this year than he thought he would.

EWA DBJP DFJ DXJ EWJ EZJ FLJP

May 18, 2026, 6:56 PM EDT - 1 hour ago

Apple's Next-Gen Siri App May Lean Heavily on Google's AI

When Apple's AI assistant gets major renovations with iOS 27, what does that mean for privacy?

AAPL GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:56 PM EDT - 1 hour ago

Sam Altman and OpenAI Beat Elon Musk in Court, Paving the Way for a Potential IPO

Musk's suit alleged multiple defendants colluded to steal a charity, corrupting a technological nonprofit from within.

AAPL GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:56 PM EDT - 1 hour ago

Apple Reveals Dates of Tim Cook's Final WWDC as CEO

Apple's annual conference is expected to focus on AI integration in advance of the next iPhone.

AAPL GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:44 PM EDT - 1 hour ago

Intel CEO says foundry business is gaining momentum as customer interest grows

Intel CEO Lip-Bu Tan said the company's Foundry turnaround is gaining traction, with improving manufacturing yields helping attract interest from outside customers. He said Intel expects commitments f...

INTC GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:35 PM EDT - 2 hours ago

Apple to Bolster AI Capabilities in iOS 27

Apple is preparing a suite of new artificial intelligence (AI) features for its upcoming iPhone and iPad operating systems, iOS 27 and iPadOS 27, according to a report from Bloomberg.

AAPL GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:28 PM EDT - 2 hours ago

Anthropic to let partners share Mythos cybersecurity findings with others

Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulner...

AAPL GOOG GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:25 PM EDT - 2 hours ago

Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street

Google I/O kicks off Tuesday at a time when Wall Street has already repriced Alphabet as a full-stack AI winner. Investors are watching a number of key areas, from the next Gemini model to agentic com...

GOOG GOOGL GOOGL DXJ EWJ EZJ FLJP

May 18, 2026, 6:23 PM EDT - 2 hours ago

US crude futures fall over 2% as Trump says he holds off scheduled attack on Iran

U.S. crude futures fell more than 2% in early ‌Asian trade on Tuesday after U.S. President Donald Trump said he had paused a planned ⁠attack on Iran to allow for negotiations to end the war in th...

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 6:02 PM EDT - 2 hours ago

Germany's finance ministry kicks off Uniper sale, newspaper reports

Germany's finance ministry kicked off a sales process for bailed-out energy firm Uniper ‌on Tuesday to reduce the government's stake to 25% plus one share by the end of the year, according to the S...

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 6:00 PM EDT - 2 hours ago

Moser: Stay Defensive After Big Tech Rally, Likes Small Caps & RIVN Long-Term

Nathan Moser says he's seeing signs to be a bit more cautious of markets despite having a long-term bullish view. He believes the U.S.-Iran War needs to come to a swift end to avoid a stick shock effe...

RIVN DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:55 PM EDT - 2 hours ago

OSHA probing worker death at SpaceX's Starbase site

A worker reportedly died at SpaceX's Starbase launch site in South Texas on Friday, and the Occupational Health and Safety Administration (OSHA) has opened an investigation.

RIVN DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:53 PM EDT - 2 hours ago

After Elon Musk's Court Loss Comes the Long Hot A.I. Summer

Even as protests increase, the collapse of Mr. Musk's suit against OpenAI and Sam Altman will speed up the artificial intelligence juggernaut.

RIVN DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:47 PM EDT - 2 hours ago

Meta Reassigns 7,000 Employees to Focus on A.I.

The company announced the changes two days before it plans to lay off 10 percent of its work force, or about 8,000 employees.

META DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:47 PM EDT - 2 hours ago

Opinion | The Proxy Advisers Strike Back

ISS and Glass Lewis join New York City in trying to stop Exxon from moving to Texas.

XOM DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:42 PM EDT - 2 hours ago

Palo Alto Networks hits a big milestone. Why cybersecurity stocks are so hot right now.

Cybersecurity stocks have been staging a big comeback, now evidenced by a fresh milestone for Palo Alto Networks.

PANW DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:42 PM EDT - 2 hours ago

Contractor Dies at SpaceX's Starbase Facility in Texas

Workplace accident came days before the Elon Musk-led company plans to launch a new version of its Starship rocket.

PANW DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:34 PM EDT - 3 hours ago

Record oil draw from US emergency reserve drives total volumes to two-year low

A record 9.9 million barrels of oil were shipped out from the U.S. Strategic Petroleum Reserve last week, data from ‌the Department of Energy showed on Monday, pushing the total volumes in the U.S. g...

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:31 PM EDT - 3 hours ago

Elon Musk Loses $150 Billion Suit Against OpenAI and Sam Altman

A nine-member jury found that Mr. Musk had waited too long to sue.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:29 PM EDT - 3 hours ago

Elon Musk vows to appeal OpenAI verdict, saying there's 'no question' Sam Altman enriched himself

Elon Musk vowed to appeal after a major loss in a California court. On Monday, a jury sided against Musk in his blockbuster suit against OpenAI and Sam Altman.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:29 PM EDT - 3 hours ago

SandboxAQ brings its drug discovery models to Claude — no PhD in computing required

Drug discovery is one of the most expensive failures in modern industry. Finding a single viable molecule can take a decade and cost billions, and most candidates still don't make it.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:27 PM EDT - 3 hours ago

BP fails to reach deal with union as Indiana refinery lockout drags on

BP and union leaders resumed labor contract negotiations for workers at the Whiting, Indiana, oil refinery on Monday ‌with no agreement yet, as a lockout entered its third month this week.

BP DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 5:25 PM EDT - 3 hours ago

The S&P 500 and most of its stocks are heading in opposite directions at a record pace. What investors should know.

Here are the S&P 500's top gainers in market value this year and this quarter

IVV SPXL SPY SSO UPRO VOO UCO

May 18, 2026, 5:22 PM EDT - 3 hours ago

Anthropic Lets Mythos Users Share Cyber Threats With Others

How to restrict access while still allowing users to share threat information is a major challenge facing AI companies.

IVV SPXL SPY SSO UPRO VOO UCO

May 18, 2026, 5:20 PM EDT - 3 hours ago

Musk's OpenAI Claims Rejected by Jury

Plus, Trump says he'll pause plans to attack Iran, and tech founders attend etiquette classes

IVV SPXL SPY SSO UPRO VOO UCO

May 18, 2026, 5:12 PM EDT - 3 hours ago

Gold price hold steadies, silver rebounds as Hormuz risk keeps oil, yields in focus - PM Report

Spot gold prices are firmer, but silver prices are sharply higher in late Monday trading, with bargain hunting in metals weighed against higher oil prices, elevated bond yields and uncertainty around ...

SIL SILJ SIVR SLV SLVP BNO DBO

May 18, 2026, 5:12 PM EDT - 3 hours ago

What NextEra and Dominion's giant utility merger means for your electric bill

As NextEra Energy and Dominion Energy announced plans to merge Monday, the potential rise of a utility giant has investors cheering and consumer advocates concerned — and it's underscoring the two sho...

D NEE SIVR SLV SLVP BNO DBO

May 18, 2026, 5:07 PM EDT - 3 hours ago

Five Takeaways From the Blockbuster Trial Pitting Elon Musk Against OpenAI

It took a jury less than two hours to decide that Mr. Musk had waited too long to sue.

D NEE SIVR SLV SLVP BNO DBO

May 18, 2026, 5:01 PM EDT - 3 hours ago

Atlassian (TEAM) Price Forecast: Earnings Surge Fuels Bullish Setup

Atlassian stock continues consolidating after a strong post-earnings rally, with a developing bull flag pattern pointing toward a possible continuation breakout above resistance.

TEAM NEE SIVR SLV SLVP BNO DBO

May 18, 2026, 5:00 PM EDT - 3 hours ago

World Markets Watchlist: May 18, 2026

Our global markets watchlist tracks nine prominent indexes from economies around the world.

DXJ EWC EWH HEDJ INDA KWEB SPY

May 18, 2026, 5:00 PM EDT - 3 hours ago

Meta is rolling out its mega-layoffs around the clock

Meta plans to cut 10% of its staff on Wednesday. The tech giant shared more details on Monday with employees about what to expect.

META EWC EWH HEDJ INDA KWEB SPY

May 18, 2026, 4:55 PM EDT - 3 hours ago

The Little-Known Hedge Fund That Stands to Make Over $10 Billion on SpaceX

Darsana Capital Partners has nearly 60% of the money it manages in shares of Elon Musk's rocket maker.

META EWC EWH HEDJ INDA KWEB SPY

May 18, 2026, 4:51 PM EDT - 3 hours ago

The options market is flashing an ominous sign about Nvidia's looming earnings

The options market is sending investors a warning: Things are about to get bumpy.

NVDA EWC EWH HEDJ INDA KWEB SPY

May 18, 2026, 4:50 PM EDT - 3 hours ago

Some Very Smart Money Can't Agree On What to Do With Alphabet's Soaring Stock

Alphabet's stock has been on a torrid run. Some big investors don't agree about what to do with it now.

GOOG GOOGL EWH HEDJ INDA KWEB SPY

May 18, 2026, 4:40 PM EDT - 4 hours ago

Warren Buffett Once Said Airlines Were 'A Bottomless Pit' But Berkshire Hathaway Just Invested $2.65B in Delta—What's Changed?

Warren Buffett famously thought investing in airlines was a bad idea after getting burned. Berkshire Hathaway investors undoubtedly hope Greg Abel has better luck.

AAL DAL LUV UAL INDA KWEB SPY

May 18, 2026, 4:40 PM EDT - 4 hours ago

Meta employees told to work remotely Wednesday as company prepares to slash 10% of workforce: report

The companywide bloodbath will take place in three waves, with impacted workers learning their fate by email at 4 a.m. local time in their region, according to an internal document obtained by Reuters...

META DAL LUV UAL INDA KWEB SPY

May 18, 2026, 4:38 PM EDT - 4 hours ago

Dell Scales Up the AI Supply Chain to Meet Demand

Dell Technologies Inc. Chief Executive Officer Michael Dell and Nvidia CEO Jensen Huang talk about how they work together on Dell's AI Factory which uses servers with Nvidia chips, software and servic...

DELL DAL LUV UAL INDA KWEB SPY

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

Sam Altman beat Elon Musk in court. Now OpenAI's rivalry with Anthropic takes center stage.

OpenAI and its CEO, Sam Altman, won their legal battle with Elon Musk. With the multi-billion-dollar threat gone, the ChatGPT-maker can set its sights on an IPO.

DELL DAL LUV UAL INDA KWEB SPY

May 18, 2026, 4:09 PM EDT - 4 hours ago

Chamath Palihapitiya warns PwC and Accenture against working with OpenAI and Anthropic: 'You are letting the fox into the henhouse'

Venture capitalist Chamath Palihapitiya has a warning for consulting firms. Palihapitiya said companies like PwC and Accenture should be cautious about working with OpenAI and Anthropic.

ACN DAL LUV UAL INDA KWEB SPY

May 18, 2026, 4:04 PM EDT - 4 hours ago

NextEra CEO says feels 'very good' about Dominion offshore wind project

The chief executive of NextEra Energy said on Monday that his company felt good about Dominion's investment in offshore wind, a technology he has disparaged ‌in the past.

D NEE LUV UAL INDA KWEB SPY

May 18, 2026, 4:03 PM EDT - 4 hours ago

The New York Times Files Another Lawsuit Against Pentagon Over Press Escort Policy

The New York Times filed a new lawsuit against the Department of Defense and Secretary Pete Hegseth, this time challenging a policy that requires credentialed journalists to have an official escort wh...

NYT NEE LUV UAL INDA KWEB SPY

May 18, 2026, 4:02 PM EDT - 4 hours ago

Home Depot Stock Faces Low Expectations Ahead of Earnings

Home Depot reports earnings Tuesday as investors look for signs that weak housing demand and cautious consumers are still weighing on home-improvement sales.

HD NEE LUV UAL INDA KWEB SPY

May 18, 2026, 4:00 PM EDT - 4 hours ago

Charts to Watch: SPX Pulls Back, TSN Surges & GTLB Downtrend

Kevin Horner (@CharlesSchwab) reviews today's markets focusing on the S&P 500 (SPX) as traders juggle the recent pullback. He highlights Tyson Foods (TSN) as a 2026 winner after a 13% breakout.

TSN GTLB LUV UAL INDA KWEB SPY

May 18, 2026, 3:58 PM EDT - 4 hours ago

NextEra's Dominion Megamerger: How It Affects Your Portfolio

Two of the top U.S. electric utility companies are now poised to join forces and create the world's largest regulated utility business. On Monday, May 18, NextEra Energy announced that it plans to buy...

D NEE XLU UAL INDA KWEB SPY

May 18, 2026, 3:55 PM EDT - 4 hours ago

Seagate stock slides 7% as AI demand sparks capacity fears

Shares of Seagate Technology (STX) fell sharply on Monday after comments from CEO Dave Mosley raised investor concerns that the company may struggle to keep pace with surging artificial-intelligence-r...

STX NEE XLU UAL INDA KWEB SPY

May 18, 2026, 3:48 PM EDT - 4 hours ago

Volkswagen flags Chinese competition in Brazil, sees limited Iran impact

Volkswagen is concerned about declining resale values of its vehicles as ‌lower-priced Chinese competitors expand in the Brazilian market, the company's head in Brazil, Ciro Possobom, told Reuters on...

STX NEE XLU UAL INDA KWEB SPY

May 18, 2026, 3:45 PM EDT - 4 hours ago

VIEW California jury sides with OpenAI over Musk lawsuit

A U.S. jury in Oakland, California, ruled against Elon Musk in his lawsuit against OpenAI on Monday, finding the artificial intelligence company not liable for ‌allegedly straying from its original m...

STX NEE XLU UAL INDA KWEB SPY

May 18, 2026, 3:44 PM EDT - 4 hours ago

S&P 500 Signals Short-Term Correction as Breadth Divergence Deepens, but Final Upside Wave Still in Play

The S&P 500 has begun a short-term correction after weakening breadth and extended wave structure, but Elliott Wave analysis suggests one final rally leg before a much larger bearish reversal.

IVV SPXL SPY SSO UPRO VOO SPY

May 18, 2026, 3:43 PM EDT - 4 hours ago

IREN CEO: Have Great Relationship With Dell and Nvidia

IREN, a vertically integrated AI cloud provider, recently announced a strategic partnership with Nvidia for up to $2.1 billion as part of a broader agreement between the two companies aimed at acceler...

DELL IREN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:43 PM EDT - 4 hours ago

Nvidia's Huang Sees China Becoming a More Open Market

Nvidia CEO Jensen Huang talks about the trip he took to China with President Donald Trump and other American business leaders. Huang says he didn't talk to the Chinese directly about selling them H200...

NVDA IREN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:40 PM EDT - 5 hours ago

Musk To Appeal OpenAI Verdict: Lawyer Says 'War' Is 'Not Over'

This is a developing story. Check back for updates.

NVDA IREN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:40 PM EDT - 5 hours ago

Nvidia's Huang, Michael Dell on Agentic AI, Memory Demand and China

Nvidia CEO Jensen Huang and Dell CEO Michael Dell discuss agentic AI, the demand for memory and the outlook for the China market with Bloomberg's Ed Ludlow on the sidelines of the Dell World event in ...

DELL NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:39 PM EDT - 5 hours ago

Bayer agrees to pay $133 million for PCB cleanup in two states

Bayer's Monsanto unit on Monday said it would pay at least $133 million to settle Michigan and Rhode Island's claims that the company ‌contaminated the states' natural resources with toxic chemicals ...

DELL NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:37 PM EDT - 5 hours ago

Key moments in the Musk vs OpenAI trial

Elon Musk failed to convince a jury on Monday that OpenAI's CEO Sam Altman and President Greg Brockman broke their agreement to maintain the maker of ChatGPT as a nonprofit to benefit humanity. The ju...

DELL NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:36 PM EDT - 5 hours ago

Nvidia Earnings This Week; Biggest Power Deal in History | Bloomberg Tech 5/18/2026

Bloomberg's Caroline Hyde discusses what to expect from Nvidia this week as investors anxiously await the company's earnings results. Plus, the AI data center boom triggers the largest power deal in h...

NVDA NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:36 PM EDT - 5 hours ago

Sanofi says rare lung disease drug outperforms standard care in trial

French drugmaker Sanofi said on Monday ‌a trial showed its rare disease therapy was better than standard care in raising levels of a key protein in patients with a genetic form of lung disease.

SNY NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:35 PM EDT - 5 hours ago

Nvidia bulls mount uphill battle into earnings

Call volume outpaced puts by more than double on Monday, though more calls were exchanged at the bid or below, meaning likely sold.

NVDA NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:35 PM EDT - 5 hours ago

Apple's ChatGPT-Like App Includes New Privacy Features

Apple is set to debut iOS 27 at this year's WWDC, featuring a revamped Siri experience. The update is expected to introduce new privacy-focused features that could help differentiate Siri in the crowd...

AAPL NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:32 PM EDT - 5 hours ago

Carvana Makes Shift Into New Car Business

Used-car giant Carvana is reportedly making a push into the new vehicle market. As The Wall Street Journal (WSJ) reported Monday (May 18), the company has acquired a network of seven Stellantis dealer...

CVNA NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:30 PM EDT - 5 hours ago

Bull v Bear: VRT Value Amid AI Infrastructure Buildout

Vertiv (VRT) sold off Monday following a steady rise in shares. Kevin Green sees the pullback to the 20-day SMA as a bullish setup for higher highs. Kevin Hincks says Vertiv remains a leader in infras...

VRT NVDA NVDA SSO UPRO VOO SPY

May 18, 2026, 3:30 PM EDT - 5 hours ago

Industrial Semiconductor Outlook: ADI, AI Boom & Earnings Ahead

Christopher Davis breaks down the industrial semiconductor space, noting Analog Devices (ADI) as essential to modern digital infrastructure despite near-term challenges. He highlights strong data-driv...

ADI TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:27 PM EDT - 5 hours ago

Anthropic has acquired the dev tools startup used by OpenAI, Google, and Cloudflare

Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software is widely used by rival AI labs, including OpenAI and Google.

ADI TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:25 PM EDT - 5 hours ago

Regeneron stock drops double digits on oncology trial failure

Shares of Regeneron Pharmaceuticals (REGN) fell about 12% on Monday, making the biotech company the worst-performing stock in the S&P 500 after its experimental melanoma treatment failed a pivotal lat...

REGN TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:24 PM EDT - 5 hours ago

AWS Chief Rejects Notion of AI-Driven Job Wipeout

Some tech executives warn that artificial intelligence (AI) will usher in mass waves of layoffs. Amazon Web Services (AWS) CEO Matt Garman is not one of them.

AMZN TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:16 PM EDT - 5 hours ago

Exclusive: Meta lays out plans for May 20 layoffs, restructuring, internal document says

Meta is planning to carry out ‌its layoffs of 10% of its employees in three batches globally on Wednesday, with notifications going out ⁠at 4 a.m. local time, according to an internal document se...

META TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:16 PM EDT - 5 hours ago

Paramount hires a former Google exec as its head of consumer AI. Read the memo about its tech ambitions.

David Ellison's Paramount Skydance hired a former Google exec as its head of consumer AI. Paramount is turning to AI to jump-start its streaming services.

PSKY TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:14 PM EDT - 5 hours ago

Nvidia CEO Huang Sees Demand for Memory Outpacing Capacity

Dell CEO Michael Dell and Nvidia CEO Jensen Huang discuss what they see as the biggest supply chain constraint right now during an interview with Bloomberg's Ed Ludlow on the sidelines of the Dell Wor...

NVDA TXN NVDA SSO UPRO VOO SPY

May 18, 2026, 3:13 PM EDT - 5 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. – Iran Talks Stall

Oil markets test new highs amid rising geopolitical risks.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 3:03 PM EDT - 5 hours ago

What to Know About Elon Musk's Trial Against OpenAI

A jury in Oakland, Calif., reached a decision after a three-week long trial seen as pivotal for the future of OpenAI and the artificial intelligence race.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 2:59 PM EDT - 5 hours ago

Elon Musk has lost his case against OpenAI and Sam Altman

Elon Musk has lost his court battle against OpenAI and Microsoft after months of legal back-and-forth culminated in a speedy trial.

BNO DBO GUSH IEO OIH PXJ UCO

May 18, 2026, 2:58 PM EDT - 5 hours ago

Tuned For Performance: Why SNPE is Winning the S&P Race

In motorsports, fine-tuning and micro-tweaking of an engine can help extract the added performance necessary to win a race. In the case of the Xtrackers S&P 500 Scored & Screened ETF (SNPE), it's addi...

SNPE SPY VOO IEO OIH PXJ UCO

May 18, 2026, 2:58 PM EDT - 5 hours ago

Bonds, Catalogs, or ETFs? Navigating the Music Asset Class

The inaugural Amplify Music Investment Summit brought together fund managers, wealth advisors, and music industry executives at Virgin Hotels in New York City in May. The day-long event examined what ...

MUSQ SPY VOO IEO OIH PXJ UCO

May 18, 2026, 2:56 PM EDT - 5 hours ago

Nvidia CEO says he believes China market will open over time

Nvidia CEO Jensen Huang said on Monday that ‌he believes China's market will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump ⁠on a trip to China last week.

NVDA SPY VOO IEO OIH PXJ UCO

May 18, 2026, 2:56 PM EDT - 5 hours ago

James Dolan moves to split Knicks and Rangers into two separate public companies

MSG Sports said it confidentially filed an initial Form 10 registration statement with the Securities and Exchange Commission.

MSGS SPHR VOO IEO OIH PXJ UCO

May 18, 2026, 2:53 PM EDT - 5 hours ago

Takeda engaged in antitrust scheme to delay generic constipation drug, US jury finds

A U.S. jury on ‌Monday found that Takeda Pharmaceutical caused pharmacies, ⁠insurers, retailers and others to sustain about $885 million in damages delaying the ‌release ⁠of a generic version o...

TAK SPHR VOO IEO OIH PXJ UCO

May 18, 2026, 2:41 PM EDT - 5 hours ago

BREAKING: Verdict reached in Elon Musk-Open AI trial

Fox News co-anchor John Roberts has the latest on the decision following the intense three-week trial on 'America Reports.'

TAK SPHR VOO IEO OIH PXJ UCO

May 18, 2026, 2:36 PM EDT - 6 hours ago

5 Stocks to Buy Now Before the Market Leaves You Behind

Glen Smith, CIO, GDS Wealth Management lays out the five stocks he believes are best positioned for the next leg of the rally. 00:00:00 - Intro 00:00:09 - Pick 1: The Nuclear AI Play 00:01:53 - Pick ...

CEG FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:33 PM EDT - 6 hours ago

Amazon Web Services CEO Reveals How He's Seeing AI Used | WSJ

Amazon's cloud division is at the center of the AI boom, powering companies building the next generation of AI models and agents. WSJ sat down with AWS CEO Matt Garman to learn more.

AMZN FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:31 PM EDT - 6 hours ago

Why is Micron stock falling 7% today?

Shares of Micron Technology (MU) fell sharply on Monday as investors weighed the impact of potential labor disruptions at rival Samsung Electronics and broader questions surrounding the future of memo...

MU FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:31 PM EDT - 6 hours ago

Elon Musk loses case against Sam Altman to force OpenAI overhaul

A jury rejected Elon Musk's claims that OpenAI under Sam Altman's leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to bring...

MU FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:20 PM EDT - 6 hours ago

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to OpenAI CEO Sam Altman and ending one of Silicon Valley's most closely wat...

MU FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:18 PM EDT - 6 hours ago

SpaceX IPO: Stock listing date nears as Elon Musk's rocket company prepares for historic market debut

Investors might soon get a closer look at the financial details behind Elon Musk's SpaceX.

MU FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:17 PM EDT - 6 hours ago

Jury Rules Elon Musk Sued Sam Altman Too Late Over OpenAI

A federal jury rejects Elon Musk's claims about OpenAI under Sam Altman and says he waited too long to sue. Musk took Altman to trial saying he went against OpenAI's mission by turning it into a for-p...

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May 18, 2026, 2:17 PM EDT - 6 hours ago

Sam Altman Prevails in Trial vs. Elon Musk Over the OpenAI Mission

MU FANG HPE JPM MPWR PXJ UCO

May 18, 2026, 2:17 PM EDT - 6 hours ago

Nvidia's earnings will play second fiddle to these big investor debates

Morgan Stanley is looking to see how Nvidia is managing the memory crunch and whether it can generate significant revenue outside of GPUs.

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May 18, 2026, 2:12 PM EDT - 6 hours ago

Pepsi, Apple, and 9 More AI Momentum Trade Winners. Plus 4 Losers to Dump.

It isn't time to bail on the Magnificent Seven yet. But there are momentum winners in staples and healthcare, too.

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May 18, 2026, 2:00 PM EDT - 6 hours ago

Jury Tosses Elon Musk's Suit Against OpenAI And Sam Altman

A jury declared Elon Musk filed his lawsuit against OpenAI and Sam Altman too late in a Monday afternoon verdict, finding the defendants not liable for any of the claims and ending a dramatic court sh...

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May 18, 2026, 1:59 PM EDT - 6 hours ago

Elon Musk loses OpenAI lawsuit as Jury backs Sam Altman

A California court delivered a major legal setback to Elon Musk after a jury rejected his claims against Sam Altman and OpenAI, dealing a blow to the billionaire's effort to challenge the AI company's...

AAPL PEP AVGO MTUM NVDA PXJ UCO

May 18, 2026, 1:58 PM EDT - 6 hours ago

Weekly Economic Snapshot: Inflation Resurgence

The U.S. economic landscape in April was defined by a significant rebound in inflation across both consumer and wholesale sectors, complicating the path for future monetary policy. While retail sales ...

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May 18, 2026, 1:58 PM EDT - 6 hours ago

With Robinhood Growth Still Solid, Monitor This ETF

Shares of Robinhood Markets (HOOD) have shed nearly a third of their value this year, and recently reported first-quarter results aren't helping matters. In the first three months of 2026, cryptocurre...

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May 18, 2026, 1:56 PM EDT - 6 hours ago

Gearing up for the SpaceX IPO amid the race for data centers in space

CNBC's Seema Mody reports on the potential challenges facing an IPO for SpaceX.

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