Market News - Mboum.com

May 12, 2026, 7:32 PM EDT - 13 minutes ago

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

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

May 12, 2026, 7:10 PM EDT - 35 minutes ago

Global EV demand rises for second month, data shows

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

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May 12, 2026, 7:00 PM EDT - 45 minutes ago

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

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

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May 12, 2026, 7:00 PM EDT - 45 minutes ago

Alignment Healthcare CEO Adds Chairman Role As Medicare Business Grows

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

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May 12, 2026, 6:45 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:30 PM EDT - 1 hour ago

JBS Profit Slides Amid Rising Cattle Costs

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

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May 12, 2026, 6:28 PM EDT - 1 hour ago

Union says BP delaying negotiations following Whiting refinery lockout

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

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May 12, 2026, 6:09 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:06 PM EDT - 1 hour ago

Marvel's VisionQuest Will Hit Disney Plus in October

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

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May 12, 2026, 6:04 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:03 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:03 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:03 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:02 PM EDT - 1 hour ago

Anthropic in Talks to Raise $30 Billion in New Funding

Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round...

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May 12, 2026, 6:02 PM EDT - 1 hour ago

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

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

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May 12, 2026, 6:00 PM EDT - 1 hour ago

Walmart Lays Off or Relocates About 1,000 Corporate Workers

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

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May 12, 2026, 6:00 PM EDT - 1 hour ago

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

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

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May 12, 2026, 5:45 PM EDT - 2 hours ago

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

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

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May 12, 2026, 5:43 PM EDT - 2 hours ago

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

Copper refining now has a Strait of Hormuz problem.

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May 12, 2026, 5:30 PM EDT - 2 hours ago

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

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

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May 12, 2026, 5:27 PM EDT - 2 hours ago

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

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

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

May 12, 2026, 5:24 PM EDT - 2 hours ago

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

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

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May 12, 2026, 5:10 PM EDT - 2 hours ago

Crude Oil Price Forecast: Triangle Phase Builds Pressure

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

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May 12, 2026, 5:05 PM EDT - 2 hours ago

Google introduces a new feature called Rambler

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

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May 12, 2026, 5:05 PM EDT - 2 hours ago

Generation Uranium Engages Plutus Invest & Consulting GMBH For Marketing Services

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

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May 12, 2026, 5:04 PM EDT - 2 hours ago

Canvas Hack Aftermath: Owner Instructure Reaches Deal With Hacker Group

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

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May 12, 2026, 4:59 PM EDT - 2 hours ago

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

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

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May 12, 2026, 4:50 PM EDT - 2 hours ago

Innovotech Inc. Reports Q1 2026 Financial Results and Operational Update

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

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May 12, 2026, 4:39 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:39 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:30 PM EDT - 3 hours ago

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

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May 12, 2026, 4:30 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:30 PM EDT - 3 hours ago

Trailblazing Energy Pioneer Sara Akbar Takes Helm of Sonoro Energy

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

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May 12, 2026, 4:15 PM EDT - 3 hours ago

Michael Wekerle Announces Holdings In Orion Digital Corp.

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

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May 12, 2026, 4:11 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:07 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:07 PM EDT - 3 hours ago

eToro Earnings Beats Expectations

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

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May 12, 2026, 4:06 PM EDT - 3 hours ago

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

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

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May 12, 2026, 4:00 PM EDT - 3 hours ago

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

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

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

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

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

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

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

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

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

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

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

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May 12, 2026, 3:45 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:43 PM EDT - 4 hours ago

DoorDash Projected to Reach 20% of US Restaurants by 2035

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

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May 12, 2026, 3:39 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:28 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:27 PM EDT - 4 hours ago

GM's restart date at Ohio battery plant uncertain

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

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May 12, 2026, 3:23 PM EDT - 4 hours ago

New QVOL ETF Targets High Monthly Income via Nasdaq

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

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May 12, 2026, 3:22 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:21 PM EDT - 4 hours ago

New futures market for semiconductors comes as AI drives costs skyward

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

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May 12, 2026, 3:19 PM EDT - 4 hours ago

Boeing stock slips as April deliveries miss expectations, lawsuit looms

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

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May 12, 2026, 3:13 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:12 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:01 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:00 PM EDT - 4 hours ago

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

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

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May 12, 2026, 3:00 PM EDT - 4 hours ago

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

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

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May 12, 2026, 2:55 PM EDT - 4 hours ago

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

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

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May 12, 2026, 2:51 PM EDT - 4 hours ago

SAP Intros Program to Help Enterprises Incorporate AI Agents

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

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May 12, 2026, 2:47 PM EDT - 4 hours ago

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

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

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May 12, 2026, 2:47 PM EDT - 4 hours ago

Remitly Business Accelerates Expansion With Full Canadian Launch

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

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May 12, 2026, 2:46 PM EDT - 4 hours ago

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

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

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May 12, 2026, 2:43 PM EDT - 5 hours ago

Meta offers rival AI chatbots free access to WhatsApp for a month

Meta Platforms has offered to give rival AI chatbots free access ‌to its social messaging service WhatsApp for a month while it discusses commitments with EU antitrust regulators to address ⁠their ...

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May 12, 2026, 2:43 PM EDT - 5 hours ago

This Inflation ETF Is Beating the Market. Here's the Catch.

The Horizon Kinetics Inflation Beneficiaries ETF has surged this year as oil and commodity prices climbed. But a reversal in energy markets could hit the fund hard.

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May 12, 2026, 2:42 PM EDT - 5 hours ago

Why analysts are bullish on Broadcom stock despite a 4% fall today?

Shares of Broadcom fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, even as analysts continued raising price targets a...

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May 12, 2026, 2:41 PM EDT - 5 hours ago

A customer used AI to trick DoorDash into issuing a refund. The company's response is going viral

Food delivery service DoorDash is quick to hold restaurants accountable for their mistakes—but not without evidence. Dissatisfied customers have to provide proof that something was wrong with their or...

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May 12, 2026, 2:40 PM EDT - 5 hours ago

Venmo still isn't taking privacy seriously

Venmo has always been a privacy dumpster fire. Finally, it's changing privacy settings so new users' transactions will be set to be seen by "friends only.

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May 12, 2026, 2:40 PM EDT - 5 hours ago

Waymo recalls 3,800 robotaxis after glitch allowed some vehicles to 'drive into standing water'

Waymo issued a voluntary recall of about 3,800 of its robotaxis to fix software issues that could allow them to drive into flooded roadways. Incidents were captured on camera in Austin, Texas, showing...

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May 12, 2026, 2:38 PM EDT - 5 hours ago

CME Plans Computing Power Futures Market

US derivatives exchange CME Group and index provider Silicon Data are teaming up to create a futures market for computing power. Bloomberg's Katherine Doherty discusses the reasons for the new market ...

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May 12, 2026, 2:31 PM EDT - 5 hours ago

Google announces new line of laptops

Google announced their new line of laptops at their 2026 Android Show. This is just a tease for now, but what we do know is this is a major new initiative in the laptop space for Google, seemingly des...

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May 12, 2026, 2:30 PM EDT - 5 hours ago

Ca$htag$: OKLO Earnings Preview & Signals in Nuclear Energy Shift

@LikeFolio's Megan Brantley previews Oklo Inc. (OKLO) earnings and discusses the growing momentum behind nuclear energy. Megan highlights improving customer sentiment and stronger AI-related earnings ...

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May 12, 2026, 2:26 PM EDT - 5 hours ago

Figure Revenue Jumps 92% as Consumer Loan Marketplace Expands

Figure Technology Solutions' latest quarter underscored how quickly the company is moving beyond its roots in home equity lending and into a broader marketplace model built around mortgages, consumer ...

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May 12, 2026, 2:23 PM EDT - 5 hours ago

Top Performing Leveraged/Inverse ETFs: 05/10/2026

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

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May 12, 2026, 2:23 PM EDT - 5 hours ago

Beat the CPI Heat: Natural Resource ETFs as an Inflation Hedge

Fears of hotter-than-expected inflation were realized today. Consumer Price Index (CPI) data revealed that headline CPI rose 0.6% month-over-month in April.

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May 12, 2026, 2:21 PM EDT - 5 hours ago

Dollar Tree and Starbucks are suddenly opening hundreds of new stores as retail doom stories pile up

A new retail report shows discount chains and restaurants are expanding fast in 2026, even as other stores continue closing.

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May 12, 2026, 2:21 PM EDT - 5 hours ago

Upfront 2026: Amazon is doubling down on YA content with a ‘Fourth Wing' series. Advertisers are preparing to feast

Amazon can deliver anything—including, increasingly, eyeballs to advertisers. And now, its upcoming slate of content, including an adaptation of the best-selling novel Fourth Wing and a list of young ...

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May 12, 2026, 2:20 PM EDT - 5 hours ago

Sam Altman testimony: Musk thought OpenAI would fail

CNBC's Kate Rooney reports on news regarding the OpenAI trial.

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May 12, 2026, 2:18 PM EDT - 5 hours ago

SAP Integrates n8n to Scale Agentic AI for Enterprises

SAP has invested in and formed a partnership with artificial intelligence orchestration platform n8n to help enterprises scale agentic AI. The strategic investment that n8n secured from SAP that value...

SAP SBUX NDIV INTC KBDU KORU RIOT

May 12, 2026, 2:09 PM EDT - 5 hours ago

Samsung Elec, labour union fail to reach pay deal as strike looms

Samsung Electronics and its South ‌Korean labour union failed to reach a pay deal ⁠on Wednesday, its union leader said, ahead of a planned lengthy strike that threatens to disrupt ‌production ⁠...

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May 12, 2026, 2:06 PM EDT - 5 hours ago

SAP Unveils Automation Suite Amid Software Market Doubts

SAP has unveiled its new "Autonomous Enterprise" platform at this year's SAP Sapphire conference, expanding its push into AI agents across business operations. SAP CEO Christian Klein joins Caroline H...

SAP SBUX NDIV INTC KBDU KORU RIOT

May 12, 2026, 2:05 PM EDT - 5 hours ago

Musk mulled handing OpenAI to his children, Altman testifies

OpenAI CEO Sam Altman finally took the stand this morning to defend himself against his former cofounder Elon Musk's lawsuit challenging OpenAI's corporate structure.

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May 12, 2026, 2:01 PM EDT - 5 hours ago

Google Just Took Another Step Toward the AI-First Smartphone

The latest Android update gives Gemini more control over your apps and tasks. It could be the start of a wider shift in how we use our phones.

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May 12, 2026, 2:01 PM EDT - 5 hours ago

OpenAI faces lawsuit in California court claiming chatbot gave advice that led to fatal overdose

The parents of a man who died of an accidental drug overdose last year sued OpenAI and its founder and CEO Sam Altman in a California court on Tuesday, alleging the man was coached ‌to take a dangero...

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May 12, 2026, 2:00 PM EDT - 5 hours ago

CleanSpark (CLSK) CEO on Data Centers, Bitcoin Mining & Future of AI

Matt Schultz, CEO of CleanSpark (CLSK), explains how Bitcoin mining is becoming critical for the future of AI. Matt also notes how pairing Bitcoin mining with AI through data center infrastructure cre...

CLSK GOOGL NDIV INTC KBDU KORU RIOT

May 12, 2026, 1:52 PM EDT - 5 hours ago

Why the oil crisis could become a full-blown catastrophe within a month

Global crude reserves are rapidly depleting, pushing the world toward scarcity.

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May 12, 2026, 1:52 PM EDT - 5 hours ago

EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected

The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.

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May 12, 2026, 1:44 PM EDT - 6 hours ago

Laid off GM employees describe ominous meeting, AI and severance

Several General Motors employees who were laid off Monday described their jobs being terminated to CNBC. The layoffs impacted about 500 to 600 employees, largely in information technology roles in Aus...

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May 12, 2026, 1:44 PM EDT - 6 hours ago

SpaceX and Google may become even more tightly linked through this far-out venture

The companies are reportedly in discussions over potential space-based data centers.

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May 12, 2026, 1:36 PM EDT - 6 hours ago

Anthropic warns investors against secondary platforms offering access to its shares

As investors scramble to get their hands on shares of AI companies of all stripes, Anthropic this week updated its website to warn investors that a slew of private and secondary investment platforms t...

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May 12, 2026, 1:36 PM EDT - 6 hours ago

JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks'

Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders

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May 12, 2026, 1:35 PM EDT - 6 hours ago

Why Sandisk, Micron stock are plunging upto 9% on Tuesday

Shares of memory and storage companies fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, triggering a broad selloff acr...

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May 12, 2026, 1:32 PM EDT - 6 hours ago

United Airlines' flight attendants ratify deal for 31% wage hike, boarding pay

United Airlines' flight attendants voted to ratify a new five-year labor contract that bumps up base pay ‌by nearly a third and includes boarding pay, the union representing them said on Tuesday.

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May 12, 2026, 1:30 PM EDT - 6 hours ago

Report: Google and SpaceX in talks to put data centers into orbit

Google and SpaceX are in talks to launch orbital data centers in space, reports The Wall Street Journal, citing sources familiar with the matter.

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May 12, 2026, 1:30 PM EDT - 6 hours ago

Instacart Upgrades Fulfillment and Picking Options for Grocers

Instacart has introduced what it calls two major updates to its fulfillment platform. “As grocery retailers scale their ecommerce and fulfillment operations, many are still managing picking, delivery,...

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May 12, 2026, 1:30 PM EDT - 6 hours ago