Market News - Mboum.com

May 4, 2026, 7:01 PM EDT - 14 minutes ago

ServiceNow lays out path to $30 billion in annual subscription revenue as AI bets accelerate

ServiceNow aims to double subscription revenue to $30 billion by 2030. ServiceNow's Now Assist product surpassed $750 million in annual contract value, its CFO said.

NOW

May 4, 2026, 6:51 PM EDT - 24 minutes ago

Foreign soccer fans ditch FIFA World Cup, threatening ‘$30B' economic boom for the US

Visa delays, concerns about how they would be treated by immigration officials, soaring airfares, a strong US dollar, and geopolitical tensions have kept international travelers home, hotel industry b...

JETS

May 4, 2026, 6:49 PM EDT - 26 minutes ago

Andy Jassy says Amazon investors will be rewarded by all its AI spending

CEO Andy Jassy said Amazon's massive AI spending reflects a once-in-a-generation opportunity and will ultimately drive stronger long-term growth and returns. He argued investors are overlooking how Am...

AMZN

May 4, 2026, 6:48 PM EDT - 27 minutes ago

'The Devil Wears Prada 2' kicks off summer movie season in style with $77 million opening

Disney and 20th Century Fox's "The Devil Wears Prada 2" opened the summer movie season with $77 million in ticket sales. Globally, the sequel tallied $233 million for its first three days in theaters,...

AMZN

May 4, 2026, 6:45 PM EDT - 30 minutes ago

Paramount Will Keep Licensing Some Content To Third Parties; CEO David Ellison Says Strategy Makes Company “Much More Desirable” To Talent

During Bob Bakish's years as CEO of Paramount, the company licensed marquee properties like Yellowstone and South Park to third-party buyers in multi-year, eyebrow-raising deals.

PSKY

May 4, 2026, 6:41 PM EDT - 34 minutes ago

Exclusive: American pilots union chief says United CEO's merger idea showed 'bold vision'

The head of American Airlines' pilots union told members that United Airlines CEO Scott ‌Kirby's merger idea showed the kind of “bold vision” the carrier needs, even as the union stopped short of en...

UAL

May 4, 2026, 6:41 PM EDT - 34 minutes ago

'Devil Wears Prada 2' Producer Finerman: Current movie business is the most difficult I've ever seen

'Devil Wears Prada 2' Producer Wendy Finerman joins 'Fast Money' to talk the kick off to the summer movie season, the state of the entertainment business, and much more.

UAL

May 4, 2026, 6:40 PM EDT - 35 minutes ago

OpenAI President Greg Brockman grilled over embarrassing diary entries while taking charitable donations from Elon Musk: ‘What will take me to $1B?'

In the bombshell trial over OpenAI's future, Elon Musk's attorney Steven Molo hammered OpenAI President Greg Brockman Monday over entries in a personal journal which Molo said display a blatant strayi...

UAL

May 4, 2026, 6:39 PM EDT - 36 minutes ago

Gold, silver slide as stronger U.S. data, firmer yields pressure metals

Spot gold prices are sharply lower and spot silver prices are also weaker late Monday, as firmer Treasury yields, a stronger U.S. dollar and another oil-price spike pressured metals despite still-elev...

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May 4, 2026, 6:32 PM EDT - 43 minutes ago

Williams beats quarterly profit estimates on higher natural gas demand

U.S. pipeline operator Williams Companies surpassed Wall Street expectations for first-quarter profit on Monday, helped by higher service revenue as the company expanded capacity amid increasing dema...

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May 4, 2026, 6:30 PM EDT - 45 minutes ago

Palantir Boosts Outlook on Booming AI Demand. CEO Alex Karp Says Its US Business Is 'Erupting'

Palantir's business is booming. Investors don't seem impressed.

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May 4, 2026, 6:28 PM EDT - 47 minutes ago

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known a...

PLTR BAR DBP GLD GLDM IAU OUNZ

May 4, 2026, 6:25 PM EDT - 50 minutes ago

Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla

Declining brand loyalty for Tesla Inc (NASDAQ:TSLA) has been a well-publicized topic in recent years with the company's CEO Elon Musk getting more involved in politics. Brand loyalty could be coming b...

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May 4, 2026, 6:22 PM EDT - 53 minutes ago

Elon Musk settles SEC lawsuit over Twitter purchase and agrees to pay $1.5m fine

Musk won't have to give up any money he allegedly saved from delaying disclosure of initial purchase of Twitter stock

TSLA BAR DBP GLD GLDM IAU OUNZ

May 4, 2026, 6:21 PM EDT - 54 minutes ago

BP to complete three-well appraisal plan for Brazil's Bumerangue in H1 2027

BP plans to complete its three-well appraisal ‌plan for the Bumerangue project in Brazil's offshore Santos basin by the end ⁠of next year's first semester, the firm's senior vice president for up...

BP BAR DBP GLD GLDM IAU OUNZ

May 4, 2026, 6:21 PM EDT - 54 minutes ago

Embraer eyes new Middle East defense deals after UAE order

Brazil's Embraer expects new defense aircraft deals in the Middle East, including government-to-government procurements, after a landmark order for C-390 military planes from the United Arab Emirates...

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May 4, 2026, 6:13 PM EDT - 1 hour ago

US crude eases 1% as traders weigh supply risks

U.S. crude futures eased 1% in early ‌Asian trade on Tuesday as the market gauged the impact of Iranian ⁠attacks on ships in the Strait of Hormuz and a fire at a UAE oil port.

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May 4, 2026, 6:08 PM EDT - 1 hour ago

OpenAI's head of sales leaves for role at Thrive Capital

OpenAI Head of Sales James Dyett announced Monday that he is leaving his role. Dyett joined OpenAI in 2023, right as the company underwent a period of explosive growth following the launch of its Chat...

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May 4, 2026, 6:05 PM EDT - 1 hour ago

Palantir Earnings Beat Sparks Market Rally—Here's What Changed

Palantir Earnings Beat Sparks Market Rally—Here's What Changed.

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May 4, 2026, 6:01 PM EDT - 1 hour ago

5 things you missed as Greg Brockman took the stand at the OpenAI trial

Elon Musk is suing Sam Altman and Greg Brockman over his charitable donations to OpenAI. Brockman, an OpenAI executive and cofounder, took the witness stand on Monday.

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May 4, 2026, 5:53 PM EDT - 1 hour ago

OpenAI's cozy partner Cerebras is on track for a blockbuster IPO

In the long-running saga that is Cerebras Systems's IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is preparing to sell 28 million shares at $115 to $125 a share.

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May 4, 2026, 5:51 PM EDT - 1 hour ago

Intel appoints Qualcomm executive to lead PC and physical AI business

Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit.

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May 4, 2026, 5:50 PM EDT - 1 hour ago

Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival

Southwest Airlines has expressed interest in hiring some aircraft mechanics from now-defunct Spirit Airlines, a union official said on Monday, as the U.S. low-cost carrier prepares to take Boeing's n...

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May 4, 2026, 5:47 PM EDT - 1 hour ago

Burry Exits GameStop After Cohen's $56 Billion eBay Bid Shatters Berkshire Thesis

Michael Burry has unwound his GameStop Corp. (NYSE:GME) position, according to a Wall Street Journal report on Monday.

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May 4, 2026, 5:45 PM EDT - 1 hour ago

Wyndham CEO on how data center buildouts are increasing business travel

Wyndham CEO Geoff Ballotti tells CNBC how the building of data centers for AI is impacting the hotel business.

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May 4, 2026, 5:43 PM EDT - 1 hour ago

Final Takeaways: Spirit Airlines Collapse & Economic Fallout

Marley Kayden talks about Spirit Airlines ceasing all operations, leaving thousands of travelers scrambling and 17,000 jobs lost. Sam Vadas examines new updates from Federal Reserve and what it means ...

WH GME IEO OIH PXJ UCO USO

May 4, 2026, 5:41 PM EDT - 1 hour ago

Australia's Westpac first-half profit growth misses estimates on margin pressure

Westpac Banking Corp reported weaker-than-expected growth in its first-half net ‌profit on Tuesday, hurt by lending competition, higher credit impairment charges and lower Treasury income, which als...

WH GME IEO OIH PXJ UCO USO

May 4, 2026, 5:40 PM EDT - 1 hour ago

Elon Musk's Lawyers Ask OpenAI's Brockman Why He Is Worth $30 Billion

The legal team implied in a federal trial that Greg Brockman, OpenAI's president and co-founder, was driven by greed rather than building safe A.I.

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May 4, 2026, 5:37 PM EDT - 1 hour ago

Opinion | GameStop, eBay and the Bet on Debt

The $56 billion bid is another sign that the credit mania continues.

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May 4, 2026, 5:33 PM EDT - 1 hour ago

GameStop shares fall 10% after CEO skirts questions over eBay acquisition details

Ryan Cohen said he didn't understand questions about how the video games retailer could afford its $55.5bn bid

EBAY GME IEO OIH PXJ UCO USO

May 4, 2026, 5:33 PM EDT - 1 hour ago

World Markets Watchlist: May 4, 2026

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

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May 4, 2026, 5:30 PM EDT - 1 hour ago

Leocor Mining Mails Meeting Materials in Connection with Plan of Arrangement

Vancouver, British Columbia ( May 4 , 2026) – TheNewswire – Leocor Mining Inc. (CSE: LECR, OTCQB: LECRF, Frankfurt: LGO0) (“ Leocor ” or the “ Company ”) is pleased to announce, further to its news ...

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May 4, 2026, 5:30 PM EDT - 1 hour ago

Urano and Pegasus Receive Shareholder and Court Approval for Acquisitions by Aero; Name Change to Manhattan Uranium Discovery Corp. Effective May 7, 2026

Vancouver, B.C. – May 4, 2026 - TheNewswire – Aero Energy Limited (“Aero”) (TSXV: AERO, OTC Pink: AAUGF, FSE: UU3), Urano Energy Corp. (“Urano”) (CSE: UE,OTCQB: UECXF) and Pegasus Resources Inc. (“Peg...

DXJ EWC EWH HEDJ INDA KWEB SPY

May 4, 2026, 5:29 PM EDT - 1 hour ago

Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand

Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, betting on resilient demand for its chips as the automotive industry recovers.

ON EWC EWH HEDJ INDA KWEB SPY

May 4, 2026, 5:27 PM EDT - 1 hour ago

Elon Musk settles SEC lawsuit over Twitter disclosures — fined $1.5M

Musk won't have to give up any money he allegedly saved from the delay.

ON EWC EWH HEDJ INDA KWEB SPY

May 4, 2026, 5:12 PM EDT - 2 hours ago

CLARITY Act Compromise Propels Digital Asset Shares Higher

Shares of digital asset-focused firms rose Monday (May 4) after lawmakers reached a compromise on the CLARITY Act crypto bill over the weekend, CNBC reported Monday. The shares making gains on Monday ...

COIN CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:10 PM EDT - 2 hours ago

AMD's stock has surged ahead of earnings, but this analyst sees a problem ahead

Advanced Micro Devices shares have run up on optimism for the company's server central processing units, but one analyst now isn't sure that it will be able to recognize much more upside from the tren...

AMD CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:09 PM EDT - 2 hours ago

Fabrinet Stock Tumbles Despite Q3 Earnings, Revenue Beats

Fabrinet (NYSE:FN) reported first-quarter results after Monday's closing bell, beating estimates on the top and bottom lines.

FN CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:09 PM EDT - 2 hours ago

Delta is canceling hundreds of flights due to crew and scheduling challenges, an internal memo shows

Delta canceled hundreds of flights this weekend, while American and United canceled a handful. An internal memo obtained by Business Insider shows the reason is crew scheduling.

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May 4, 2026, 5:04 PM EDT - 2 hours ago

Michael Burry sells all GameStop stock, WSJ reports

Investor Michael Burry ‌has exited his position ⁠in GameStop following CEO Ryan Cohen's deal to ‌buy ⁠eBay , the Wall Street ⁠Journal reported on ⁠Monday.

GME CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:02 PM EDT - 2 hours ago

Pinterest Posts Higher First-Quarter Sales, Monthly Users

The company posted double-digit growth in sales in the first quarter along with an increase in monthly users despite swinging to a loss.

PINS CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:00 PM EDT - 2 hours ago

Chipotlane to AI cameras: Inside Chipotle's digital evolution with CEO | Power Players

Chipotle's turnaround didn't happen by accident, and it's already planning the company's next phase of growth. In this episode, Yahoo Finance Host Brian Sozzi sits down with Chipotle CEO Scott Boatwri...

CMG CRCL GLXY HEDJ INDA KWEB SPY

May 4, 2026, 5:00 PM EDT - 2 hours ago

Anthropic and FIS Are Building an AI Agent to Help Banks Police Financial Crimes

The AI giant struck a partnership with financial software provider FIS to develop new tools for banks.

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May 4, 2026, 5:00 PM EDT - 2 hours ago

Spirit Airlines is no more, but discount plane tickets are here to stay

There's still a place for low-cost carriers, even if it's getting tougher for them to compete.

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

Amazon employees pushed for Claude Code. Now they're getting it — and Codex, too.

Amazon formally adopts Claude Code and Codex company-wide, expanding access to AI tools beyond Kiro. Amazon is a close partner with Anthropic and OpenAI, having invested billions in both AI labs.

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

Elon Musk gets just a slap on the wrist as he settles Twitter lawsuit

A proposed settlement with U.S. regulators would have Musk pay just $1.5 million. He was accused of cheating investors out of $150 million.

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May 4, 2026, 4:57 PM EDT - 2 hours ago

Analyst downgrades Palantir stock as it pops on Q1 earnings

Palantir Technologies (NASDAQ: PLTR) is inching up in extended hours after reporting a market-beating Q1 and significantly raising guidance for the full year. The AI-enabled data analytics firm posted...

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May 4, 2026, 4:56 PM EDT - 2 hours ago

Merck (MRK) Price Forecast: Double Top Signals Deeper Correction Risk

Merck stock shows a confirmed double top breakdown, signaling potential downside risk, while key moving averages and resistance zones now shape the outlook for a deeper correction.

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May 4, 2026, 4:56 PM EDT - 2 hours ago

ON Semiconductor Narrows First-Quarter Loss on AI Data-Center Demand

The company reported a loss of $33.4 million and posted higher revenue, boosted by chip demands from artificial-intelligence data-center builders.

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

DA Davidson's Gil Luria on Palantir: No other company is growing at this rate

DA Davidson's Gil Luria joins 'Closing Bell Overtime' to talk Palantir quarterly results.

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May 4, 2026, 4:54 PM EDT - 2 hours ago

Voyager Technologies Reports Q1 Results, Raises FY26 Outlook On 'Historic' Department Of Defense Demand

Voyager Technologies Inc. (NASDAQ:VOYG) reported first-quarter results after Monday's closing bell, missing the Street estimates on the top and bottom lines.

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

Chevron CEO on how long disruption could last in Strait of Hormuz even after war ends

Mike Wirth, Chevron CEO, talks to CNBC about how long the Strait of Hormuz will be impacted even after the war is over.

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

Wall Street's $1.5 billion plan to build the 'McKinsey of AI'

Anthropic has partnered with private equity giants to create a $1.5 billion "McKinsey of AI." The unnamed firm will build playbooks on AI transformation inside and outside PE portfolios.

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

IAC Revenue Slides as People's Print Business Weighs on Results, 2026 Outlook Cut

The New York City-based media holding company said revenue from People, which makes up the bulk of the company's top line, fell 2%.

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May 4, 2026, 4:42 PM EDT - 2 hours ago

Amazon takes on UPS, FedEx with new delivery service sending their shares in a nosedive

Amazon's new delivery service is a “power move” and “shot across the bow at UPS and FedEx,” said Wedbush analyst, Dan Ives.

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May 4, 2026, 4:38 PM EDT - 2 hours ago

SEC Settles Lawsuit Against Elon Musk Over Twitter Share Purchases

The case had alleged that Musk failed to timely disclose his buildup of ownership in the social media platform he renamed X.

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May 4, 2026, 4:35 PM EDT - 2 hours ago

Apple Delivers Strong Forecast in Sign It's Weathering Shortages

Apple delivered a surprisingly strong revenue forecast for the third quarter, benefiting from new products launched in March, including the MacBook Neo and updated iPad Air. Ed Ludlow has more.

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May 4, 2026, 4:35 PM EDT - 2 hours ago

On Semiconductor Beats Q1 Earnings, Revenue Estimates — Stock Slides

On Semiconductor Corp. (NASDAQ:ON) reported first-quarter results after Monday's closing bell, beating estimates across the board.

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

Inside AMEX's agentic commerce stack: How intent contracts and single-use tokens enforce AI transactions

American Express (Amex) is building a system that lets AI agents shop and pay on behalf of users — but right now it's only within its own payment network, and still involves a black box that could hin...

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

Wall Street's Move to 5% Bitcoin Allocations

Bitcoin portfolios are entering a new phase as traditional financial giants build the plumbing that's transforming digital assets from a speculative bet into a fundamental part of the financial stack.

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

Palantir Beats Forecasts With $1.63 Billion Sales Quarter

U.S. military used company's software in Iran war and Venezuela raid, and private-sector business has grown even faster.

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

Chevron CEO says physical shortages in oil supply to begin appearing

Chevron Chairman and CEO Mike Wirth said ‌on Monday that physical shortages in oil supply would begin appearing around the ⁠world because of the closure of the Strait of Hormuz, through which 20%...

CVX BITO BRRR BTC BTCW FBTC GBTC

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

Can a Combined GameStop and eBay Really Take on Amazon?

How do you turn a shrinking video game retailer into a serious competitor of everything-store Amazon? Be niche, according to GameStop CEO Ryan Cohen.

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

CEO Spotlight: Multi-Million Dollar Data Center Expansion

Chris Miglino, CEO of Axe Compute (AGPU), explains how the company is scaling virtual data center access worldwide. Following a $260 million contract to deploy Nvidia (NVDA) GPUs, demand from corporat...

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

Lattice Semiconductor to buy software firm AMI in $1.65 billion deal

Lattice Semiconductor ‌said on Monday ⁠it would acquire AI cloud and platform ‌management ⁠firm AMI in ⁠a $1.65 billion deal.

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

Palantir posts its fastest revenue growth ever while calling out ‘AI slop'

Palantir earnings beat expectations on the heels of explosive demand in the company's core U.S. market.

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May 4, 2026, 4:26 PM EDT - 2 hours ago

A visual breakdown of GameStop CEO Ryan Cohen's bizarre interview

GameStop's CEO had an awkward CNBC interview. At various moments, the hosts laughed, exhaled, or raised their eyebrows.

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May 4, 2026, 4:26 PM EDT - 2 hours ago

Ross Gerber, Dan Ives Bet On The Same 9 Stocks – Some Might Surprise You

When it comes to the markets, two of the most well-known names for retail investors are Ross Gerber and Dan Ives. Both are well known for their frequent appearances on financial TV and their wide soci...

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May 4, 2026, 4:22 PM EDT - 2 hours ago

SEC and Elon Musk agree to settle lawsuit over Twitter buyout in 2022

The SEC and Elon Musk agreed to settle a lawsuit filed last year by the regulator against the world's richest person. Musk was sued by the SEC for allegedly violating securities law in the run-up to h...

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May 4, 2026, 4:21 PM EDT - 2 hours ago

Paramount beats earnings expectations for Q1 with WBD deal on the horizon

Paramount Skydance impressed investors in its first-quarter earnings report. The company's earnings came in above expectations.

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May 4, 2026, 4:21 PM EDT - 2 hours ago

The Oil Squeeze Is Hitting Consumers Harder Than Investors. What That Means for Home Depot and Other Discretionary Stocks.

Consumers are still spending, but the consumer discretionary sector has fallen to a new multi-year low versus the S&P 500.

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

S&P 500 Earnings Are Handily Topping Expectations—It's Good News for Investors

The last big week of earnings is here, and investors have good reason to be hopeful that the results will continue to power the stock market to record highs.

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

Paramount Hits Wall Street Q1 Targets, Though Streaming Subscriber Gains Fall Slightly Short Despite UFC

Paramount met most of Wall Street's expectations in the first quarter, though gains at flagship streamer Paramount+ fell slightly short. The company reported total revenue of $7.347 billion in the Jan...

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

Elon Musk settles SEC lawsuit over Twitter disclosures; trust will pay $1.5 million penalty

Elon Musk and the U.S. Securities and ‌Exchange Commission settled the regulator's civil lawsuit accusing the world's richest person ⁠of waiting too long in 2022 to disclose his initial purchases...

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

Oil Soars, Stocks Fall With Tensions Rising in Strait of Hormuz

Oil prices rose sharply and stocks fell after fighting in the Iran war flared for the first time in weeks.

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

Duolingo Stock Drops After Q1 Earnings — Here's Why

Duolingo Inc. (NASDAQ:DUOL) reported first-quarter results after Monday's closing bell, beating analyst estimates on the top and bottom lines but issuing disappointing revenue guidance.

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

Spirit Airlines CEO on carrier's collapse: 'We just kind of ran out of runway'

Spirit Airlines shut down over the weekend and its CEO told CNBC that the company "just ran out of time." The carrier, once the largest U.S. discounter, was in its second bankruptcy in less than a yea...

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

GameStop's $56 Billion Bid for eBay | Bloomberg Tech 5/4/2026

Bloomberg's Caroline Hyde discusses GameStop's $56 billion offer to buy eBay, a company four-times its size. Plus, AI chipmaker Cerebras is looking to raise as much as $3.5 billion in its upcoming IPO...

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May 4, 2026, 4:14 PM EDT - 3 hours ago

Pinterest surges 17% after earnings beat as company posts strong guidance

Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. The company expects second-quarter revenue in the range of $1.13 billion to $1.15 billion, higher than the $1...

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

Paramount First-Quarter Revenue Rises on Streaming, Studios Growth

The entertainment company continues to see growth in its streaming service and studio business as it prepares to merge with Warner Bros. Discovery.

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

McDonald's is shaking up your soda run

McDonald's is making some big changes to its beverages. The fast-food chain is getting in on the "dirty soda" trend, launching six new beverages this week.

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May 4, 2026, 4:10 PM EDT - 3 hours ago

Paramount earnings, revenue beat expectations as streaming business offers a boost

Paramount Skydance beat analyst expectations for both revenue and earnings, with its first-quarter revenue lifted by growth in its streaming business, in particular Paramount+. Paramount Skydance reaf...

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May 4, 2026, 4:08 PM EDT - 3 hours ago

Pinterest forecasts upbeat quarterly revenue on resilient advertiser spending

Pinterest forecast second-quarter revenue above analysts' estimates on Monday, helped by steady spending from advertisers as the image-sharing platform sharpens its ad offerings with deeper ‌artifici...

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May 4, 2026, 4:08 PM EDT - 3 hours ago

Palantir tops first-quarter revenue estimates on strong US government demand

Palantir Technologies beat Wall Street estimates for first-quarter revenue on Monday, driven by rising demand for its data analytics ‌software from the U.S. government and commercial clients.

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

Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020

Palantir's results topped Wall Street expectations, and the company also issued better-than-expected guidance Revenue increased 85%, the company's fastest growth since its public market debut in 2020.

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

Shale producer Diamondback Energy beats first-quarter profit estimates

U.S. shale producer Diamondback Energy surpassed Wall Street expectations for first-quarter profit ‌on Monday, helped by higher oil prices and output.

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May 4, 2026, 4:04 PM EDT - 3 hours ago

Vertex tops profit estimates as sales of new cystic fibrosis drug surge

Vertex Pharmaceuticals on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment.

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May 4, 2026, 4:04 PM EDT - 3 hours ago

Paramount Skydance first-quarter profit benefits from cost-cutting

Paramount Skydance's pre-tax earnings rose in the first quarter, the company said on Monday, as streamlined operations and improved results in ‌its streaming and studios businesses helped offset decl...

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May 4, 2026, 4:03 PM EDT - 3 hours ago

Gap co‑founder Doris Fisher — driving force behind iconic retailer's rise — dead at 94

Fisher coined the name "The Gap" in reference to the generation gap between baby boomers and their parents, helping the brand squarely target a fast-growing teenage market.

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May 4, 2026, 4:02 PM EDT - 3 hours ago

Duolingo's growth outlook moderates as it prioritizes engagement over monetization

Duolingo posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term mon...

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May 4, 2026, 4:02 PM EDT - 3 hours ago

GameStop stock tumbles on $55B eBay bid as analysts question deal viability

Shares of GameStop fell over 10% on Monday as investors reacted cautiously to the company's bold proposal to acquire eBay in a deal valued at $55.5 billion. The decline in GameStop's stock stood in co...

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

Why Chinese Automaker Geely Is Best Positioned For the U.S. Market

Many US political leaders on both sides of the aisle have been scrambling to keep Chinese cars out of the United States. But some Chinese companies have already found a foothold in the US. One automak...

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May 4, 2026, 3:46 PM EDT - 3 hours ago

Amazon to ship stuff for any business, not just its own merchants

Amazon announced Monday it is opening up its massive shipping and delivery network to any business that wants to use it—not just the merchants who sell on Amazon's website.

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

Beef prices are near record levels. The DOJ wants to know if something shady is afoot.

The summer grilling season, smaller cattle herds, droughts, wildfires, processing-plant closures and other supply disruptions have helped push meat prices to record highs this year. Now, the U.S. gove...

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May 4, 2026, 3:42 PM EDT - 3 hours ago

European Commission is in contact with Anthropic on Mythos, Dombrovskis says

The European Commission is in contact with Anthropic regarding Mythos ‌and is assessing its possible implications, European Economic Commissioner Valdis Dombrovskis told reporters on Monday.

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May 4, 2026, 3:41 PM EDT - 3 hours ago

Greg Brockman says his stake in OpenAI is worth nearly $30 billion

Greg Brockman's stake in OpenAI is worth nearly $30 billion, he testified. Elon Musk alleges Brockman and Sam Altman transformed OpenAI to enrich themselves.

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May 4, 2026, 3:41 PM EDT - 3 hours ago

Amazon is taking on FedEx and UPS. That may not be so simple.

FedEx and UPS shares are falling, but one analyst isn't sure that Amazon's new service will have a significantly disruptive effect.

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May 4, 2026, 3:35 PM EDT - 3 hours ago

What can power Microsoft stock higher after earnings stumble?

Shares of Microsoft edged lower on Monday, as the stock continues its weakness after the sharp sell-off following last week's earnings report. The stock fell 0.38% to $412.63, after briefly falling be...

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