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Japan Megabanks Set to Win Mythos Access After Bessent Visit
Bloomberg116d agoneutral
Japan Megabanks Set to Win Mythos Access After Bessent Visit

(Bloomberg) -- Japan’s three megabanks are set to secure access to Anthropic’s artificial intelligence model Mythos, according to a person familiar with the matter, after its limited release last month sparked fears of a new age of cybersecurity risks. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Co

Will S&P 500 Open Up Or Down On Wednesday?
Benzinga116d agoneutral
Will S&P 500 Open Up Or Down On Wednesday?

The S&P 500 slipped from record levels on Tuesday as rising oil prices and sticky inflation concerns pressured technology shares, but Polymarket traders are betting the benchmark index will rebound at Wednesday's open. The S&P 500 closed 0.16% lower at 7,400.96 after touching fresh highs earlier this week. However, a May 13 contract on Polymarket showed an 83% chance that the index would open higher on Wednesday. Why That Number Matters Investor focus has shifted toward inflation after April con

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments
Associated Press116d agoneutral
Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group Corp. reported Wednesday that profits for the fiscal year through March zoomed by nearly five-fold from the previous year as its AI investments paid off. The Tokyo-based company recorded an annual profit of 5 trillion yen ($32 billion), far greater than the 1.15 trillion yen profit racked up the previous year. Among its most lucrative investments was OpenAI, in which Softbank has invested $34.6 billion, recording gains of $45 billion.

Nutrien Q1 Earnings Call Highlights
MarketBeat116d agoneutral
Nutrien Q1 Earnings Call Highlights

Nutrien (NYSE:NTR) reported higher first-quarter adjusted EBITDA and record potash sales volumes, while management said its full-year guidance remains unchanged despite disruptions to global fertilizer and energy markets tied to the ongoing Middle East conflict. President and CEO Ken Seitz said the

Trump-Xi Meeting: What to Watch for the Rest of the Week
The Wall Street Journal116d agoneutral
Trump-Xi Meeting: What to Watch for the Rest of the Week

After Tuesday’s inflation report, focus turns to President Trump’s long-awaited visit to China, with the Iran war and tariffs likely to be central topics. Meanwhile, the OpenAI-Elon Musk trial continues in California and earnings are expected from companies including Cisco Systems.

Trump Brings Nvidia’s Jensen Huang Along on China Trip
The Wall Street Journal116d agoneutral
Trump Brings Nvidia’s Jensen Huang Along on China Trip

A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.

Inside Sam Altman's Dramatic Court Testimony: 'Complicated' Elon Musk Feelings, 'Hair-Raising' Tesla Talks And The Microsoft Temptation
Benzinga116d agoneutral
Inside Sam Altman's Dramatic Court Testimony: 'Complicated' Elon Musk Feelings, 'Hair-Raising' Tesla Talks And The Microsoft Temptation

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI President Greg Brockman "looted" OpenAI's nonprofit structure through their partnership with Microsoft Inc. (NASDAQ:MSFT) for personal benefit. Here are the top 5 moments from Altman’s Tuesday testimony. Runn

NRG Energy Q1 Earnings Call Highlights
MarketBeat116d agoneutral
NRG Energy Q1 Earnings Call Highlights

NRG Energy (NYSE:NRG) reaffirmed its 2026 financial guidance and capital allocation plans after reporting lower first-quarter adjusted earnings, with management saying mild Texas weather and the timing of its LS Power portfolio acquisition weighed on year-over-year comparisons. On the company’s fir

Bloomberg116d agoneutral
Siemens to Buy Back €6 Billion Shares Against Tough Backdrop

(Bloomberg) -- Siemens AG will repurchase as much as €6 billion ($7 billion) of shares after orders climbed against a difficult geopolitical backdrop including tariffs and rising inflation. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysThe buyback will extend over a period

SoftBank profit more than triples to $12 billion on OpenAI stake gains
Reuters116d agoneutral
SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported on Wednesday that its net profit more than tripled to 1.83 trillion yen ($11.60 billion) in ‌the January-March quarter, as it booked gains on its investment in ChatGPT-maker OpenAI. It ‌was SoftBank's fifth consecutive quarterly profit, with the Vision Fund investing arm booking an OpenAI-driven gain of 3.1 ​trillion yen in the quarter. SoftBank founder and CEO Masayoshi Son is one of OpenAI's most enthusiastic backers, with the group saying its cumulative gains on the investment total $45 billion.

Playtika (PLTK) Reports Q1 EPS
Insider Monkey116d agoneutral
Playtika (PLTK) Reports Q1 EPS

Playtika Holding Corp. (NASDAQ:PLTK) is one of the 10 Best Penny Stocks to Buy Before They Explode. On May 7, 2026, Playtika Holding Corp. (NASDAQ:PLTK) reported Q1 EPS of (15c), versus the consensus estimate of 12c. Revenue totaled $744.7M, versus the consensus estimate of $694.65M. CEO Robert Antokol said the company delivered a strong start […]

Ocugen (OCGN) Reports Q1 EPS
Insider Monkey116d agoneutral
Ocugen (OCGN) Reports Q1 EPS

Ocugen, Inc. (NASDAQ:OCGN) is one of the 10 Best Penny Stocks to Buy Before They Explode. On May 5, 2026, Ocugen, Inc. (NASDAQ:OCGN) reported Q1 EPS of (6c), versus the consensus estimate of (5c). Revenue totaled $1.53M, versus the consensus estimate of $358,140. Chairman, CEO, and Co-Founder Dr. Shankar Musunuri said the company completed enrollment […]

NiSource Q1 Earnings Call Highlights
MarketBeat116d agoneutral
NiSource Q1 Earnings Call Highlights

NiSource (NYSE:NI) reaffirmed its 2026 earnings outlook and raised its long-term growth expectations after reporting first-quarter adjusted earnings that management said reflected regulatory execution, infrastructure investment recovery and growing momentum in its data center strategy. The regulate

A Fund That Whips Inflation Now
Barrons.com116d agoneutral
A Fund That Whips Inflation Now

With inflation at 3.8%, a three-year high, the Pimco Inflation Response Multi-Asset fund is especially relevant right now.

Deutsche Telekom Lifts Full-Year Guidance
The Wall Street Journal116d agoneutral
Deutsche Telekom Lifts Full-Year Guidance

The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.

China’s Profit Outlook to Improve Further, Morgan Stanley Says
Bloomberg116d agoneutral
China’s Profit Outlook to Improve Further, Morgan Stanley Says

(Bloomberg) -- Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysIn the f

Lithium Americas (Argentina) Q1 Earnings Call Highlights
MarketBeat116d agoneutral
Lithium Americas (Argentina) Q1 Earnings Call Highlights

Lithium Americas (Argentina) (NYSE:LAAC) reported a stronger first quarter for 2026, with Chief Executive Officer Sam Pigott saying the company’s Caucharí-Olaroz lithium operation continued to run near design capacity while beginning to generate “meaningful cash flow.” On the earnings call, Pigott

Karman Q1 Earnings Call Highlights
MarketBeat116d agoneutral
Karman Q1 Earnings Call Highlights

Karman (NYSE:KRMN) reported record fiscal first-quarter results and raised its full-year outlook, citing broad-based growth across its legacy markets, contributions from recent acquisitions and increasing demand tied to defense, space launch and maritime programs. Chief Executive Officer Jon Rambea