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Treasury yields climb as bond market weighs inflation concerns
Yahoo Finance Video108d agoneutralVIDEO
Treasury yields climb as bond market weighs inflation concerns

Yahoo Finance Breaking Business News Reporter Jake Conley and Senior Markets Reporter Ines Ferré gauge the recent climb in the bond market (^TYX, ^TNX, ^FVX) as Treasury yields react to the latest inflation worries and speculation as to whether the Federal Reserve will be able to cut interest rates under new chairman Kevin Warsh.

U.S. Senator issues stark warning over new banking loopholes
TheStreet108d agoneutral
U.S. Senator issues stark warning over new banking loopholes

Crypto is moving deeper into the US financial system as Washington debates how far digital asset companies should be allowed to operate like traditional banks without becoming banks themselves. A growing number of crypto companies have secured or applied for federal trust bank charters in recent ...

Google DeepMind hires staff from Contextual AI in licensing deal, Bloomberg News reports
Reuters108d agoneutral
Google DeepMind hires staff from Contextual AI in licensing deal, Bloomberg News reports

Alphabet's AI research subsidiary, Google DeepMind, has finalized a deal to recruit more than 20 researchers from AI ‌startup Contextual AI and license its technology, Bloomberg News reported ‌on Tuesday, citing people familiar with the matter. DeepMind has agreed to pay about $100 million to ​Contextual as part of the agreement, while Contextual's co-founder and CEO Douwe Kiela is among those joining DeepMind, according to the report. Google and Contextual did not immediately respond to Reuters' requests for comment.

CEO Greg Abel Takes Up Berkshire’s Passion for Airlines
The Wall Street Journal108d agoneutral
CEO Greg Abel Takes Up Berkshire’s Passion for Airlines

$2.6 Billion That's the size of the new stake Berkshire Hathaway took in Delta Air Lines in the first quarter. Warren Buffett had a tortured relationship with airline investments as the conglomerate’s longtime chief executive.

Exclusive-Meta offers AI rival chatbots limited free WhatsApp access, sources say
Reuters108d agoneutral
Exclusive-Meta offers AI rival chatbots limited free WhatsApp access, sources say

Meta Platforms has offered to give rival AI chatbots including OpenAI free access to its social messaging service WhatsApp in Europe, but will start charging them ‌once they hit a limit, two people with knowledge of the matter said on Tuesday. The details of ‌the offer, previously unreported, come as Mark Zuckerberg's tech and social media giant that also controls Facebook, looks to appease increasingly tough EU regulators ​that are tightening the screws on Big Tech. Meta submitted its proposal to EU antitrust regulators last week after the European Commission said it was considering an order requiring the firm to provide rivals access to WhatsApp until it wraps up an ongoing investigation into the case.

Home Depot flags choppy demand for big remodels as uncertainty weighs
Reuters Videos108d agoneutralVIDEO
Home Depot flags choppy demand for big remodels as uncertainty weighs

<body><p>STORY: Home Depot on Tuesday said Americans are scaling back on large home remodeling projects as they grapple with economic uncertainty and a subdued housing market.</p><p>:: Home Depot handout</p><p>The big box retailer kicked off a big week of corporate earnings results by beating both sales and profit estimates, but warned that its customers remain cautious.</p><p>U.S. consumer sentiment slumped to a record low in early May as the war in Iran fanned inflation pressures and strained household finances.</p><p>That's kept spending on home improvement projects muted amid elevated mortgage rates and high home prices.</p><p>:: Home Depot handout</p><p>Going forward, Home Depot expects both sales and profit to be in the range of flat to a small rise.</p><p>The company said elevated fuel costs are also pressuring the business through both transportation and input expenses, but noted that tariff refunds could help significantly.</p><p>Results from fellow U.S. retailers this week are likely to shed more light on the state of the consumer.</p><p>Rival Lowe's and big-box retailer Target are set to report on Wednesday, followed on Thursday by sector bellwether Walmart.</p></body>

Investor Angst Emerges in Riskiest Stocks on Rate Uncertainty
Bloomberg108d agoneutral
Investor Angst Emerges in Riskiest Stocks on Rate Uncertainty

(Bloomberg) -- Investors are starting to hedge the risk of a drop in the Russell 2000 Index of smaller companies, despite investors remaining bullish on large-cap stocks.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapIt’s a

Motor racing-After U.S. deal, Apple's global F1 push may take time
Reuters108d agoneutral
Motor racing-After U.S. deal, Apple's global F1 push may take time

Apple hopes to enter other markets after securing a five-year U.S. streaming deal to show Formula One races on Apple TV. The Liberty Media-owned single seater is ‌a popular live sports championship amongst fans, streaming services and traditional broadcasters. Bernstein, a research and brokerage firm, estimated that F1’s media rights would be a key revenue driver in 2026, reaching between $90 million and $110 million.

Cathie Wood buys stock despite its drop to new low
TheStreet108d agoneutral
Cathie Wood buys stock despite its drop to new low

Cathie Wood's Ark Invest once again bought the dip. On May 18, the firm purchased 52,308 shares of Bullish (NYSE: BLSH) across three of its ETFs, even as the stock hit a new low. The selloff follows a mixed first quarter of 2026 earnings report released on May 14. Bullish posted adjusted ...

Morgan Stanley resets Fed interest rate cut path for 2027
TheStreet108d agoneutral
Morgan Stanley resets Fed interest rate cut path for 2027

Despite the bond market’s increasing expectations that the Federal Reserve will soon need to hike short-term interest rates, one major bank says the central bank will maintain holding rates steady and then resume a dovish stance next year. Morgan Stanley’s May 18 note, shared with TheStreet, calls ...

Analyst predicts 140% upside for MicroStrategy stock
TheStreet108d agoneutral
Analyst predicts 140% upside for MicroStrategy stock

2026 has hardly brought any respite to the Strategy (Nasdaq: MSTR), formerly known as MicroStrategy, stock. Even though the stock is up nearly 10% this year, the performance has been rather flat over the last month. Even then, an analyst has raised its price target on the Strategy stock due to two ...

Popular pasta chain closes 20 more restaurants
TheStreet108d agoneutral
Popular pasta chain closes 20 more restaurants

Even the biggest, most successful restaurant chains close locations regularly. Starbucks, for example, closes hundreds of locations every few years. That's because populations shift, rents increase, and other factors change that make a once-viable restaurant no longer profitable. The coffee chain, ...

Google expected to court coders, consumers at I/O conference
Reuters108d agoneutral
Google expected to court coders, consumers at I/O conference

Alphabet CEO Sundar Pichai will kick off Google's annual developer conference on Tuesday where the tech giant is expected to ‌reveal a flurry of artificial intelligence upgrades for consumers and coders. This year’s I/O conference in ‌Mountain View, California - traditionally Google’s flagship event for showcasing the cutting edge of its consumer-facing products - will be the company's ​first since last winter's major update to its Gemini AI model helped it regain ground in the AI race. Google parent Alphabet recently came within striking distance of Nvidia as the world’s most valuable company.

What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs
Yahoo Finance Video108d agoneutralVIDEO
What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs

OpenAI's (OPAI.PVT) Sam Altman was not found liable for Tesla (TSLA) CEO Elon Musk's claims, due to clear-cut statute-of-limitations issues. Yahoo Finance's Julie Hyman and Jake Conley discuss the impacts on OpenAI's and SpaceX's (SPAX.PVT) upcoming initial public offerings (IPOs).