Sen. Bernie Sanders (I-Vt.) criticized the growing influence of ultra-wealthy tech leaders as President Donald Trump's high-profile visit to China placed Silicon Valley's biggest names and their economic power at the center of global diplomacy and AI debate. Sanders Questions...
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This engineering and technology firm delivers mission-critical solutions to government and industrial clients worldwide.
Penn Entertainment recently cut more than 75 jobs in its Penn Interactive division, affecting theScore Bet, online casino, and social gaming operations as part of a broader restructuring following pressures in the sports betting market and the fallout from its ESPN Bet branding deal. The layoffs, including several senior roles, highlight management’s push to streamline a loss-making digital segment even as online sports betting and iGaming revenues have been improving. Next, we’ll examine...
Microsoft trades at a more attractive valuation relative to peers like Alphabet and Amazon.
The stock market is near highs but oil prices and yields are headwinds with Trump issuing new Iran threats. Nvidia and Walmart earnings loom.
Earlier this week, Gemini Space Station, Inc. reported first-quarter 2026 revenue of US$50.27 million, a net loss of US$108.98 million, and secured a US$100 million investment from Winklevoss Capital Fund amid multiple securities class action lawsuits over its IPO disclosures and business pivot. The combination of stronger sales, fresh founder-backed funding, and litigation over Gemini’s shift from its core crypto exchange toward prediction markets highlights a company undergoing significant...
Markets face a reasonably quiet week, but it will be dominated by Wednesday's Nvidia (NVDA) earnings and Alphabet's two-day developer conference, creating a critical test for AI infrastructure investment sustainability and technology sector leadership.
Seven years after Ethiopian Airlines Flight 302 went down outside Addis Ababa, a federal jury in Chicago is still assigning a dollar value to what Boeing's failures cost one family. On May 13, that number came in at $49.5 million. The verdict is not large enough to threaten Boeing's balance sheet. ...
Camden, Ark.—When the Pentagon put out an urgent call for rocket launchers and ammunition to send to Ukraine and replenish supplies at home in 2022, an answer came from an unlikely place: this remote southern pine-belt town, population around 10,000. Lockheed Martin one of the defense contractors clustered in the east part of Camden and already one of the town’s biggest employers, was reeling in government orders to produce more mobile rocket launchers. Other big defense contractors in the area also soon landed contracts to produce ammunition and expand their rocket facilities in Camden.
A California woman says her estranged husband filed a joint federal tax return using her Social Security number without her consent, redirected more than $14,000 in refunds to his own bank account, and left her dealing with the fallout while...
Ackman believes investors have missed one crucial detail about Microsoft.
When the One Big Beautiful Bill Act (OBBBA) was signed into law in 2025, there was one provision that got a ton of attention — the new senior tax deduction. That deduction is available to seniors ages 65 and over who are moderate or low earners, and it’s worth up to $6,000 per person. Thanks ... Forget the Senior Deduction. The Other OBBBA Tax Breaks Most Workers Are Missing.
Shares of data protection software company Commvault (NASDAQ:CVLT) fell 4.3% in the afternoon session after the April PPI report sent Treasury yields to 10-month highs, with the 10-year yield rising to 4.49%.
Goldman Sachs S&P 500 Premium Income ETF blends equity exposure with options strategies to target higher income for U.S. investors.
Shares of CRM software giant Salesforce (NYSE:CRM) fell 3.3% in the afternoon session after the April PPI report sent Treasury yields to 10-month highs, with the 10-year yield rising to 4.49%.
A number of stocks fell in the afternoon session after the April PPI report lifted the 10-year Treasury yield to a 10-month high of 4.49%, eliminating 2026 rate-cut expectations and raising the discount rate for long-duration growth valuations.
A number of stocks fell in the afternoon session after the April PPI report lifted the 10-year Treasury yield to a 10-month high of 4.49%, eliminating 2026 rate-cut expectations and raising the discount rate for long-duration growth valuations.
GE HealthCare Technologies (NASDAQ:GEHC) executives said the company remains confident in its long-term growth prospects despite a disappointing first quarter that led to a reduction in full-year guidance, citing inflationary cost pressures as the primary near-term challenge. Speaking at a Bank of
Investors took a breather this week, but the stock is still up 105% this year as management continues to derisk its business plan.
A number of stocks fell in the afternoon session after April PPI hit 6% annually, the highest in over three years, confirming that wholesale cost pressures were accelerating just as consumer real wages turned negative for the first time since 2023.
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
Snap reached a settlement in a lawsuit brought by a Kentucky school district alleging its platform contributed to social media addiction and harmed students. The case, filed alongside claims against YouTube and TikTok, focused on classroom disruption and youth mental health concerns. Settlement terms were not disclosed, and the agreement comes as more than 1,200 similar cases are pending nationwide. For shareholders watching NYSE:SNAP, this legal update comes during a period of weak recent...
Leadership change and preliminary results set the tone for C3.ai C3.ai (AI) stock is back in focus after founder Thomas M. Siebel returned as CEO, alongside fresh preliminary Q4 and full year numbers and a restructuring plan centered on sizable cost savings. The company estimated Q4 revenue of US$51.6 million, within its US$48.0 million to US$52.0 million guidance range, and reported a GAAP operating loss of US$121.2 million. For fiscal 2026, estimated revenue was US$250.3 million, also...
Amazon.com (NasdaqGS:AMZN) is facing a proposed class-action lawsuit alleging it retained and failed to refund tariff-related charges after certain U.S. tariffs were invalidated by the Supreme Court. Plaintiffs claim Amazon collected unlawful tariff costs from consumers and did not pursue or return potential refunds once the tariffs were ruled unlawful. The case raises questions around consumer protection, pricing practices, and how large platforms handle regulatory changes affecting...
Investing.com -- Artificial intelligence is beginning to account for a significantly larger share of corporate workforce reductions, according to a UBS Global Research report issued on May 13, 2026.
Cathie Wood, chief of Ark Investment Management, is known for actively trading her holdings, sometimes selling stocks during sharp market pullbacks. Semiconductor stocks experienced a major market pullback on May 15, with the iShares Semiconductor ETF (SOXX) dropping roughly 4%. Amid that sell-off, ...
ACI Worldwide delivers digital payments and real-time transaction solutions for banks, merchants, and billers worldwide.
Kkr Real Estate Finance Trust is back in focus after analysts reset their reference fair value from about US$8.25 to roughly US$6.33 per share, a cut of around 23% that reframes expectations around the stock. Several firms, including JPMorgan, link these lower targets to growing caution on execution, earnings quality and loan book risk, even as bullish voices see the reset bringing valuations closer to current fundamentals. As you read on, you will see how these shifting targets and opinions...
Penn Entertainment and Gambling.com slash jobs as AI replaces engineers and prediction markets siphon bets from sportsbooks.