Market News - Mboum.com

May 8, 2026, 3:47 PM EDT - 7 minutes ago

Semiconductor Index Rally Stays on Course, but Signs Point to a Sharp Retracement

The SOX continues to follow its projected historical returns and Elliott Wave path, but the advance may be nearing exhaustion, raising the probability of a retracement toward $10,000.

PSI SMH SOXL SOXX

May 8, 2026, 3:46 PM EDT - 8 minutes ago

Small-Cap Awakening Sparks This Momentum ETF

Momentum investing is often viewed as a large-cap-only concept. Conversations about its applications via ETFs often lead to products such as the Invesco S&P 500 Momentum ETF (SPMO).

SPMO XSMO SOXL SOXX

May 8, 2026, 3:30 PM EDT - 24 minutes ago

Mastercard Rallies Partners to Support MENA Small Businesses

Mastercard has launched a program designed to help small- to medium-sized businesses (SMBs) across the Middle East and North Africa (MENA) region navigate the trade disruptions, rising energy and logi...

MA XSMO SOXL SOXX

May 8, 2026, 3:23 PM EDT - 31 minutes ago

Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

Demand for CPUs is skyrocketing as the AI race moves from chatbots to agents. While Nvidia dominated the early years of the AI infrastructure boom, the wealth is now being spread to Intel and AMD as w...

AMD INTC NVDA SOXX

May 8, 2026, 3:15 PM EDT - 39 minutes ago

CRWV's Place in AI Buildout, Ridesharing AI Adoption

Lisa Martin joins The Watch List to examine CoreWeave's (CRWV) expanding role in the AI infrastructure ecosystem. Despite the drop after its latest earnings report, she still thinks it "is a good oppo...

CRWV INTC NVDA SOXX

May 8, 2026, 3:13 PM EDT - 41 minutes ago

Intel's stock could achieve a never-before-seen feat as Apple enthusiasm builds

Intel is in the midst of transforming its business, with shares up 17% on Friday following a fresh sign of a future Apple manufacturing partnership.

INTC INTC NVDA SOXX

May 8, 2026, 3:08 PM EDT - 46 minutes ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats While Traders Wait For Iran's Comments

Oil markets are losing ground as traders bet that U.S. will not restart the military operation against Iran.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 3:05 PM EDT - 49 minutes ago

The University of Michigan invested $20 million into OpenAI early. Now it could make $2 billion.

University of Michigan's $20 million bet on OpenAI could yield billions, a court exhibit shows. The school's investment arrived before Microsoft poured billions into the AI lab.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 3:00 PM EDT - 54 minutes ago

Citigroup CEO: We are not yet 'fully understanding' effects of Iran war

Citigroup CEO Jane Fraser told CNBC's "Money Movers" on Friday that though there is "tremendous resiliency" in the global economy, she doesn't think "that we are yet fully understanding and anticipati...

C DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 2:56 PM EDT - 58 minutes ago

Diamondback bets on wider WTI-Brent gap amid US export ban concerns

U.S. producer Diamondback Energy bought options to sell the price difference between U.S. West Texas Intermediate crude and globally traded Brent crude at around minus $42 a barrel in coming months, ...

FANG DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 2:55 PM EDT - 59 minutes ago

Greenbriar-backed Applied Aerospace & Defense files for US IPO

Private equity-backed government contractor Applied Aerospace & Defense ‌filed for an initial public offering in the United States on Friday.

FANG DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 2:53 PM EDT - 1 hour ago

Inside Out: Housing Market Fears Abating?

Alex Barron believes the bottom of the housing market is here. He says the "fear factor" from the Iran war has faded at this point as the summer home selling season ramps up.

DHI ITB LEN PHM TOL XHB UCO

May 8, 2026, 2:52 PM EDT - 1 hour ago

CoreWeave Shares Drop After Forecast Sparks Growth Fears | Bloomberg Tech 5/8/2026

Bloomberg's Caroline Hyde sits down with CoreWeave CEO Michael Intrator to discuss the company's earnings as it builds out data center capacity. Plus, a deep dive into April's jobs report and the impa...

CRWV ITB LEN PHM TOL XHB UCO

May 8, 2026, 2:52 PM EDT - 1 hour ago

Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports

Artificial intelligence startup Anthropic has signed a $1.8 billion computing deal with Akamai Technologies to meet surging demand for its AI ‌software, Bloomberg News reported on Friday, citing peop...

AKAM ITB LEN PHM TOL XHB UCO

May 8, 2026, 2:46 PM EDT - 1 hour ago

Spirit Airlines grounding could help ease shortages in tight engine market

The recent grounding of U.S. budget carrier Spirit Airlines could help ease shortages of next-generation RTX spare engines needed to keep late-model Airbus single-aisle jets flying, industry executiv...

AIRL JETS ULCC PHM TOL XHB UCO

May 8, 2026, 2:46 PM EDT - 1 hour ago

Metals in Motion: Why Rare Earths Are the New Strategic Frontier

When it comes to the 24-hour financial news cycle surrounding technology, semiconductors often dominate the headlines. However a group of 17 chemically similar elements known as Rare Earth Elements (R...

REXC JETS ULCC PHM TOL XHB UCO

May 8, 2026, 2:45 PM EDT - 1 hour ago

Intel Could Be Moving Closer to an Apple Partnership—and Its Stock Is Racing Higher

Intel is closing the week on a rocket ride.

AAPL INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:45 PM EDT - 1 hour ago

CRWV and the AI Profitability Question

Logan Gilland says CoreWeave's (CRWV) "pretty sizeable pullback" comes after a big run-up into earnings. He and Todd Stankiewicz discuss the profitability question facing AI companies that spend great...

CRWV INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:44 PM EDT - 1 hour ago

How Hantavirus Made Moderna a Must-Own Stock Again

The stock has rapidly outpaced the broader market, but the long-term implications of the hantavirus are unclear.

MRNA INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:39 PM EDT - 1 hour ago

Why the 'SpaceMob' Is So Bullish on AST

AST SpaceMobile, a rival to SpaceX, has a huge online community that is helping drive the stock price higher. Bloomberg's Sana Pashankar reports.

ASTS INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:38 PM EDT - 1 hour ago

Rocket Lab surges 30% to fresh highs on revenue beat, record-setting launch deal

Rocket Lab's shares blasted to a record high after topping first-quarter revenue estimates and announcing its largest launch deal ever. Shares have quadrupled over the last year, benefiting from Presi...

RKLB INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:37 PM EDT - 1 hour ago

Expedia Group sees reward and risk in the rise of AI-powered travel

Expedia CEO Ariane Gorin detailed the company's AI strategy on its Q1 earnings call, describing booking integrations with ChatGPT and Claude, AI-powered customer support, and rising compute costs fund...

EXPE INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:35 PM EDT - 1 hour ago

ABC Accuses Government Of Alleged First Amendment Violations For Political Coverage

FCC Chairman Brendan Carr accused ABC of violating the equal time rule for political candidates after Rep. James Talarico, D-Texas, who is running for Senate, made an appearance on “The View” in Febru...

DIS INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:34 PM EDT - 1 hour ago

How Planet Fitness lost its way in the increasingly competitive gym market

Planet Fitness acknowledged marketing missteps and showed slower growth in the crucial first few months of the year.

PLNT INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:33 PM EDT - 1 hour ago

Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Google — that have reported increased revenue alongside and massive layoffs, attributing both trends to ...

NET INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:25 PM EDT - 1 hour ago

Micron surges more than 30% on week as memory chip rally goes parabolic

Micron is heading for its best week since 2008's Great Recession. Shares have gained 80% in the past month and its market cap is above $820 billion.

MU INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:25 PM EDT - 1 hour ago

Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday.

MU INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:21 PM EDT - 1 hour ago

Nintendo Switch 2 price hikes are coming and you can thank the AI data center building boom

If you've been debating whether or not to pick up a Nintendo Switch 2 then you'll want to act soon.

MU INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:15 PM EDT - 1 hour ago

Bull v. Bear: PLTR's Post-Earnings Drop

Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Palantir (PLTR) pulled back after a 1Q earnings beat as the Street digested the AI software company's valuation.

PLTR INTC ULCC PHM TOL XHB UCO

May 8, 2026, 2:07 PM EDT - 1 hour ago

Why the S&P 500 Is Heading to 8000

Yes, rallies aren't meant to last forever. But this one is being driven by a superstrong earnings season.

IVV SPXL SPY SSO UPRO VOO UCO

May 8, 2026, 2:05 PM EDT - 1 hour ago

Why the Gap Between Chip and Software Stocks Keeps Getting Wider

Investors can't get enough of Nvidia, AMD, Intel, and Micron as earnings season widens the divide between chip and software stocks.

IGV SMH SOXX SSO UPRO VOO UCO

May 8, 2026, 2:04 PM EDT - 1 hour ago

Uber-backed Lime plans IPO as debt concerns mount for the e-scooter maker

Investors will soon be able to invest in an e-bike and e-scooter pure play again, following Bird's turbulent prior run on the public market.

LIME SMH SOXX SSO UPRO VOO UCO

May 8, 2026, 2:02 PM EDT - 1 hour ago

Jane Street, one of Wall Street's most secretive firms, hauled in whopping $16B in trading revenue — here's how

It further cemented its position at the top of the world of high-frequency trading ahead of Wall Street's top investment banks.

NVDA SMH SOXX SSO UPRO VOO UCO

May 8, 2026, 2:00 PM EDT - 1 hour ago

The Iran war has broken the oil market's $100 barometer

As refiners chase profits, a better way to gauge the oil shock's impact in America right now is through the price of gas and other oil products.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 2:00 PM EDT - 1 hour ago

How Much Do You Know About McDonald's, Chipotle and Other Chains?

Franchises are a ubiquitous part of the country's retail landscape. Take this quiz to test your knowledge about them.

CMG MCD GUSH IEO OIH PXJ UCO

May 8, 2026, 1:57 PM EDT - 1 hour ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields

Gold markets are moving higher as traders react to economic reports from the U.S. and focus on falling oil prices.

AAAU BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 1:51 PM EDT - 2 hours ago

Anthropic wants to own your agent's memory, evals, and orchestration — and that should make enterprises nervous

Just a few weeks after announcing Claude Managed Agents , Anthropic has updated the platform with three new capabilities that collapse infrastructure layers like memory, evaluation, and multi-agent or...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 1:50 PM EDT - 2 hours ago

ABC Sues Government Over Alleged First Amendment Violations For Political Coverage

ABC accused the Federal Communications Commission on Thursday of violating its First Amendment rights after the agency launched a probe into the network's political coverage — as tensions between the ...

DIS BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 1:50 PM EDT - 2 hours ago

Fast Food Chains—McDonald's, Taco Bell, Burger King—Win As Low-Income Diners Crack Under Rising Gas Prices

“They're literally running out of money at the end of the month,” Kraft Heinz's new CEO Steve Cahillane told Bloomberg. “We're seeing negative cash flows in the lower-income brackets where they're dip...

KHC MCD PEP QSR WEN WING YUM

May 8, 2026, 1:49 PM EDT - 2 hours ago

US drillers add oil and gas rigs for third week in a row, says Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a third week in a row, the first three-week streak of increases since early ‌February, energy services firm Baker Hughes said in its clo...

BKR MCD PEP QSR WEN WING YUM

May 8, 2026, 1:47 PM EDT - 2 hours ago

Google AI Automates Ad Bidding and Budget Pacing

Google has unveiled some soon-to-be-released artificial intelligence (AI)-powered bidding and budgeting tools for Search and Shopping. “By pairing smarter bidding strategies with flexible budgets, you...

GOOG GOOGL PEP QSR WEN WING YUM

May 8, 2026, 1:45 PM EDT - 2 hours ago

Block AI job cuts start to pay off

CNBC's MacKenzie Sigalos has a look at Block's latest earnings report after its AI-driven layoffs.

XYZ GOOGL PEP QSR WEN WING YUM

May 8, 2026, 1:43 PM EDT - 2 hours ago

There are no hantavirus treatments. The deadly cruise-ship outbreak is a ‘wake-up call' to develop some.

It's been a struggle to secure funding for hantavirus research because these viruses haven't been a priority.

TRAW GOOGL PEP QSR WEN WING YUM

May 8, 2026, 1:41 PM EDT - 2 hours ago

Intel stock supercharged after reports of preliminary deal with Apple

Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker's devices. According t...

AAPL INTC PEP QSR WEN WING YUM

May 8, 2026, 1:41 PM EDT - 2 hours ago

Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions.

COIN NET UPWK QSR WEN WING YUM

May 8, 2026, 1:33 PM EDT - 2 hours ago

Uber partner Avride is under investigation for self-driving crashes

The National Highway Traffic Safety Administration has opened an investigation into Avride, a robotaxi company that has partnered with Uber, after identifying more than a dozen crashes and one minor i...

UBER NET UPWK QSR WEN WING YUM

May 8, 2026, 1:31 PM EDT - 2 hours ago

The $42 billion auto giant you've never heard of is building AI into its factories

Magna, a supplier for global carmakers, uses AI to track product quality, equipment, and energy use. It produces components for carmakers worldwide, including BYD, Toyota, Ford, and Hyundai.

MGA NET UPWK QSR WEN WING YUM

May 8, 2026, 1:20 PM EDT - 2 hours ago

What Happens When 20% of the World's Exported Jet Fuel Vanishes | WSJ

The effective closure of the Strait of Hormuz has prevented 20% of the world's exported jet fuel from making it to airlines around the globe, while also stopping one fifth of the world's crude oil fro...

BNO DBO IEO JETS OIH PXJ UCO

May 8, 2026, 1:20 PM EDT - 2 hours ago

Tesla and Amazon Stock Could Lead This Sector Higher. (Hint: It Isn't Tech.)

It's worth taking a closer look at the technical setups developing for both of these tech heavyweights' stocks.

AMZN TSLA IEO JETS OIH PXJ UCO

May 8, 2026, 1:16 PM EDT - 2 hours ago

Nintendo hiking Switch 2 prices by hefty amount — and still warns sales will fall next year

Japanese exporters are having to cope with President Trump's tariff hikes and other higher costs that have been worsened by the war in Iran.

AMZN TSLA IEO JETS OIH PXJ UCO

May 8, 2026, 1:16 PM EDT - 2 hours ago

Cloudflare Says It Plans to Cut 20% of Staff as AI Reshapes Work. The Stock Is Plunging.

Cloudflare's stock could be set to lose one-quarter of its value in a single session after the web security company announced a big round of layoffs, citing AI.

NET TSLA IEO JETS OIH PXJ UCO

May 8, 2026, 1:14 PM EDT - 2 hours ago

Helion makes big bet on ‘Tiny Merge' fusion testbed to meet aggressive Microsoft timeline

Beyond the massive curtains of its Everett, Wash.

MSFT TSLA IEO JETS OIH PXJ UCO

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

Nvidia's AI supply chain empire: Here's what you need to know

Data center operator IREN announced a partnership with semiconductor giant Nvidia on Thursday. It is the latest in a series of partnerships for Nvidia.

NVDA TSLA IEO JETS OIH PXJ UCO

May 8, 2026, 1:02 PM EDT - 2 hours ago

As Nvidia earnings draw closer, here are 5 things investors need to watch

The chip maker's stock has been a laggard — but Goldman Sachs sees five potential catalysts that could come out of its earnings call later this month.

NVDA TSLA IEO JETS OIH PXJ UCO

May 8, 2026, 1:00 PM EDT - 2 hours ago

The Big 3: NVDA, SMCI & ZM

Tim Bohen closes out the week with his Big 3 stocks on his radar. He points to the strength in Nvidia (NVDA) as it reaches new record highs today.

NVDA SMCI ZM JETS OIH PXJ UCO

May 8, 2026, 12:56 PM EDT - 2 hours ago

Apple, Intel have reached preliminary chip-making deal, WSJ reports

Apple and Intel have ‌reached a preliminary agreement for Intel to manufacture some of the chips that power the iPhone maker's devices, the Wall ⁠Street Journal reported on Friday, citing people fa...

AAPL INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:55 PM EDT - 2 hours ago

Micron is now worth more than JPMorgan as the stock sees its best week in two decades

Micron has added $200 billion in market capitalization over the past week.

MU INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:52 PM EDT - 3 hours ago

PPL sees robust data center demand, tops estimates on higher Kentucky rates

PPL Corp on Friday underscored rising data-center power demand, citing a strong pipeline of requests and future load ‌growth, as it narrowly beat first-quarter profit estimates, helped by higher reta...

PPL INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:52 PM EDT - 3 hours ago

Costco plots major California expansion as it announces new store openings

Costco is planning an expansion of its stores in California with two new stores set to open soon.

COST INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:48 PM EDT - 3 hours ago

Apple, Intel Have Reached Preliminary Chip-Making Agreement

The iPhone maker and U.S. silicon giant will work together on chips for Apple devices. The Trump administration pushed for the deal.

AAPL INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:45 PM EDT - 3 hours ago

AMD Ascent Could Lure Traders to This ETF

Confirming a prominent perch of its own in the artificial intelligence (AI) semiconductor space, Advanced Micro Devices (AMD) is up more than 90% this year and has more than quadrupled in value over o...

AMUU INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:35 PM EDT - 3 hours ago

Trade Desk stock: Cramer reveals a major red flag beyond Q1 earnings

Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter. His comments came after The Trade Desk ...

TTD INTC ZM JETS OIH PXJ UCO

May 8, 2026, 12:30 PM EDT - 3 hours ago

This Bitcoin Miner's Pivot to AI Just Won a Fresh Vote of Confidence From Nvidia

Iren's stock is rallying Friday after a win for the Bitcoin miner's pivot to being a data center company.

IREN NVDA ZM JETS OIH PXJ UCO

May 8, 2026, 12:30 PM EDT - 3 hours ago

China and other central banks continue to buy the dip in gold

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

AAAU BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:30 PM EDT - 3 hours ago

Meet Anthropic's ‘Perfect Wingman' for its Race Against OpenAI

Krishna Rao is navigating unprecedented growth, compute constraints and the idiosyncratic Amodeis

AAAU BAR DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:29 PM EDT - 3 hours ago

Memory Stocks Continue to Surge. What's Driving Micron and Sandisk Higher.

Micron and Sandisk stocks continue their historic rally with another excellent week.

MU SNDK DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:28 PM EDT - 3 hours ago

Intel stock soars 8% on Friday: what's behind the recent dream run?

Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround str...

INTC SNDK DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:20 PM EDT - 3 hours ago

David Ellison Set For Cash, Stock Awards Valued At $150 Million After Close Of Paramount-WBD Deal

Paramount CEO David Ellison will receive a $50 million cash award and restricted stock units, or RSUs, valued at $100 million after the company's merger with Warner Bros. Discovery closes. In compensa...

PSKY WBD DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:15 PM EDT - 3 hours ago

ABC says Trump agency order on ABC's 'The View' is invalid

Disney-owned ABC said Friday the Trump administration's efforts to declare its daytime ‌talk show "The View" is subject to equal time rules for political candidates are invalid, and threaten the ne...

DIS WBD DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:15 PM EDT - 3 hours ago

Lyft CEO Reveals Why Winter Storms Tanked Q1 Results

CoreWeave (CRWV) reported first quarter results on Thursday and missed Wall Street's guidance expectations. EMJ Capital founder and president Eric Jackson and Yahoo Finance Senior Business Reporter In...

LYFT WBD DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:12 PM EDT - 3 hours ago

Lucky Strike snatched up local bowling alleys, raised prices to crazy heights in illegal monopoly, lawsuit alleges

The suit alleged Bowlero has as much as tripled the price to bowl at some Lucky Strike locations in recent years.

LUCK WBD DBP GLD GLDM IAU OUNZ

May 8, 2026, 12:10 PM EDT - 3 hours ago

UK watchdog says car finance legal challenge hearing unlikely before October

Britain's financial watchdog said on Friday a tribunal hearing on ‌legal challenges to its compensation scheme for mis-sold car loans was unlikely before October, and told lenders to prepare for a pos...

EWU EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 12:10 PM EDT - 3 hours ago

Apple's biggest bull is now calling for a 37% stock jump

Wedbush's Daniel Ives thinks next month's WWDC event will be a “major inflection point” for the stock.

AAPL EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 12:00 PM EDT - 3 hours ago

CoreWeave CEO on the acceleration of demand for AI compute

CoreWeave CEO Mike Intrator joins CNBC's "Squawk on the Street" to discuss the demand for AI compute.

CRWV EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:58 AM EDT - 3 hours ago

Why Rupert Murdoch is asking Donald Trump for help fighting the NFL

Rupert Murdoch's Fox depends on NFL games. But he's also worried those games may get too expensive.

FOX EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:55 AM EDT - 3 hours ago

Biotech firm Odyssey valued at $899.9 million as shares rises in Nasdaq debut

Odyssey Therapeutics shares rose 11.1% in its Nasdaq debut on ‌Friday, giving the biopharmaceutical firm a valuation of $899.9 million.

ODTX EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:37 AM EDT - 4 hours ago

CoreWeave's Q1 Earnings Were 'Transformational,' CEO Says

CoreWeave CEO Michael Intrator characterizes the company's first-quarter earnings as transformational, highlighting strong performance across revenue and operating margins. Speaking on "Bloomberg Tech...

CRWV EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:37 AM EDT - 4 hours ago

Innodata stock: why it may fail to sustain its post-earnings gains

Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations. Revenue rocketed 54% year-over-year to $90.1...

INOD EWUS FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:32 AM EDT - 4 hours ago

Uber and Lyft Stopped Competing and Started Thriving

The rivalry between Uber Technologies and Lyft has traditionally revolved around the same core questions: Who could grow faster, subsidize rides longer and survive the brutal economics of ridesharing?...

LYFT UBER FKU FLGB FXB IAU OUNZ

May 8, 2026, 11:30 AM EDT - 4 hours ago

NET Cuts Jobs for AI, TTD Slows, COIN Falls After Earnings

Cloudflare (NET) says it is slashing more than 1k jobs, something Diane King Hall reports is indicative of a shift to an agentic AI model. She reacts to the stock's plummet after a 1Q earnings beat be...

AI TTD NET FLGB FXB IAU OUNZ

May 8, 2026, 11:30 AM EDT - 4 hours ago

Bumble ditching swipes as online dating slows

Bumble ditching swipes as online dating slows.

BMBL TTD NET FLGB FXB IAU OUNZ

May 8, 2026, 11:21 AM EDT - 4 hours ago

Crude Oil Weekly Price Analysis – Oil Continues to Search for Stability

Crude oil has another choppy week, as it looks like we are trying to settle into a range.

BNO DBO GUSH IEO OIH PXJ UCO

May 8, 2026, 11:19 AM EDT - 4 hours ago

AWS data center outage hits trading on Fanduel, Coinbase — recovery to take hours

Amazon Web Services reported operational issues starting Thursday night due to a "thermal issue" at a Virginia facility. The leading cloud provider's outage was tied to issues on popular trading platf...

COIN FLUT AMZN IEO OIH PXJ UCO

May 8, 2026, 11:15 AM EDT - 4 hours ago

Why Microsoft stock is underperforming the broader market today

Shares of Microsoft (MSFT) slipped in early trading on Friday, underperforming both the broader market and major technology peers. Microsoft stock fell around 1% even as other large-cap technology com...

MSFT FLUT AMZN IEO OIH PXJ UCO

May 8, 2026, 11:10 AM EDT - 4 hours ago

South Bow working to secure required permitting for Canada-US oil pipeline proposal

Canadian crude oil pipeline company South Bow said on Friday it is beginning efforts to obtain required permits across ‌the U.S. route of its Prairie Connector project.

SOBO FLUT AMZN IEO OIH PXJ UCO

May 8, 2026, 11:03 AM EDT - 4 hours ago

Cocoa Prices Jump Over 15% as Investors Reposition

EXCLUSIVE: Cocoa is on course to rise by 15% after hitting its highest level in over three months this week, though prices are unlikely to return to levels seen in 2025, analysts say.

CANE CORN SOYB WEAT OIH PXJ UCO

May 8, 2026, 11:01 AM EDT - 4 hours ago

Dickens: Why You Should Care about Secondary AI Names

Steven Dickens sits with Nicole Petallides to dive into some underappreciated players in the AI investment theme including IBM (IBM), Teradata (TER) and even Amazon (AMZN). He talks about the inertia ...

AMZN IBM TER WEAT OIH PXJ UCO

May 8, 2026, 11:01 AM EDT - 4 hours ago

Lyft CEO: Consumers are 'rewards-maxxing'

Lyft CEO David Risher told CNBC's "Squawk Box" on Friday that consumers are "rewards-maxxing." "That's the sort of thing that I think a lot of people are being really smart about, and saying how can I...

LYFT IBM TER WEAT OIH PXJ UCO

May 8, 2026, 10:59 AM EDT - 4 hours ago

Iberdrola's Neoenergia to invest $10 billion in power distribution in Brazil

Neoenergia, the Brazilian unit of Spain's Iberdrola , plans to invest 50 billion reais ($10 billion) in its five power distribution ‌companies by 2030 as it seeks to expand in the sector, CEO Eduardo...

LYFT IBM TER WEAT OIH PXJ UCO

May 8, 2026, 10:58 AM EDT - 4 hours ago

Tesla stock rises another 3%: what's fueling the recent rally?

Shares of Tesla climbed sharply on Friday, rising more than 3% as improving investor sentiment lifted growth stocks following stronger-than-expected US jobs data and optimism around developments in th...

TSLA IBM TER WEAT OIH PXJ UCO

May 8, 2026, 10:45 AM EDT - 5 hours ago

Gold Price Analysis – Gold Continues to See Buyers as it Faces Resistance

The gold market gapped lower on Friday, but then turned around to show its resilience, and the underlying pressures to the upside. I like gold, but there are a lot of issues at the moment.

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May 8, 2026, 10:42 AM EDT - 5 hours ago

Anthropic Valuation Could Eclipse OpenAI in $50 Billion Funding Round

Anthropic is considering a funding round in which it would raise as much as $50 billion and be valued at $900 billion, the Financial Times reported Thursday (May 7), citing unnamed sources.

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May 8, 2026, 10:41 AM EDT - 5 hours ago

Truecaller slashes 70 jobs amid declining ad sales

Sweden-based caller ID company Truecaller said it will cut 70 jobs, or roughly 15% of its workforce, in the second quarter, as the company posted its Q1 2026 results with a decline in revenue and prof...

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May 8, 2026, 10:31 AM EDT - 5 hours ago

Why 'Big Short' investor Michael Burry sold GameStop after Ryan Cohen's eBay bid

Michael Burry explained on his Substack why he sold out of GameStop this week. The "Big Short" investor was hoping CEO Ryan Cohen would strike a less debt-heavy and dilutive deal.

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May 8, 2026, 10:31 AM EDT - 5 hours ago

3 Marijuana Stock Choices For Better Investing 2026

Marijuana stock investors are focused on the future and watching to see where the industry is moving. At this time, there is a lot going on that is becoming more concrete than just speculation. The re...

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May 8, 2026, 10:30 AM EDT - 5 hours ago

Options Corner: CRCL

Circle (CRCL) reports earnings on Monday and the blockchain-pioneer is the focus on Friday's Options Corner. Rick Ducat looks at the technical setup ahead of the print, highlighting a narrowing range ...

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May 8, 2026, 10:30 AM EDT - 5 hours ago

Grindr CEO on making the app 'AI-native'

Grindr CEO George Arison on Friday told CNBC's "Squawk Box" that the company is working to make the app an "AI-native product."

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May 8, 2026, 10:29 AM EDT - 5 hours ago

Molina forecasts fivefold jump in 2029 profit if medical costs remain steady

Molina Healthcare on Friday forecast its 2029 adjusted profit to be about five times ‌its current 2026 outlook, given the health insurer is able to keep its medical costs in check.

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May 8, 2026, 10:26 AM EDT - 5 hours ago

BuzzFeed blows past a key debt deadline, raising the specter of bankruptcy

The company was granted an extension until May 18 on a $5 million debt payment after issuing a going-concern warning earlier this year.

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May 8, 2026, 10:22 AM EDT - 5 hours ago

Nvidia stock hits new all-time high: should you buy or take profits?

Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8 and $217.7...

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