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DEI Programs Are Dwindling But the Trump Administration Isn't Done
Bloomberg126d agoneutral
DEI Programs Are Dwindling But the Trump Administration Isn't Done

(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says

New Mexico seeks changes to Meta platforms in youth harm trial
Reuters126d agoneutral
New Mexico seeks changes to Meta platforms in youth harm trial

May 4 (Reuters) - A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ ‌mental health and its bid for a court order forcing the company to make changes. The case, ‌which will be tried before a judge in Santa Fe, stems from a lawsuit filed by New Mexico Attorney General Raúl Torrez, a Democrat, ​accusing the social media giant of designing its platforms to addict young users and failing to

Amazon opens up its logistics network to other businesses
Reuters126d agoneutral
Amazon opens up its logistics network to other businesses

Amazon.com said ‌on Monday ‌it was rolling ​out "Amazon Supply Chain Services", opening up its ‌logistics ⁠network for other businesses ⁠to use. The company said ​businesses ​of ​all types ‌and sizes can now move, store and deliver everything ‌from ​raw ​materials ​to final ‌products using Amazon's ​own ​supply-chain network.

How Chipotle is embracing AI
Yahoo Finance Video126d agoneutralVIDEO
How Chipotle is embracing AI

Chipotle CEO Scott Boatwright and Yahoo Finance Executive Editor Brian Sozzi discuss how the company is using AI.

How Chipotle is embracing AI
Yahoo Finance Video126d agoneutralVIDEO
How Chipotle is embracing AI

Chipotle CEO Scott Boatwright and Yahoo Finance Executive Editor Brian Sozzi discuss how the company is using AI.

How Visa Keeps Silencing Its Doubters
The Wall Street Journal126d agoneutral
How Visa Keeps Silencing Its Doubters

Every few years, investors start to fret that payments giant Visa is finally going to be disrupted. The latest candidate for disruption is, naturally, artificial intelligence. The new fear is that agentic commerce, featuring AI agents doing consumers’ shopping for them, will displace people tapping, swiping or clicking with their credit or debit cards.

Morgan Stanley Sees Tech Earnings Eclipsing Iran War for Stocks
Bloomberg126d agoneutral
Morgan Stanley Sees Tech Earnings Eclipsing Iran War for Stocks

(Bloomberg) -- Strong US corporate earnings led by a buoyant tech sector are overshadowing fears that the Middle East conflict could weigh on stocks, according to strategists at Morgan Stanley.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysPhilippines Says Thousands Evacuated as Mayon V

The S&P 500 Is on a Roll
The Wall Street Journal126d agoneutral
The S&P 500 Is on a Roll

The S&P 500 closed higher for a fifth consecutive week on Friday, the longest streak since 2024, and is now up 14% over the past month. Cease-fire hopes helped kick off the stock rally, and artificial-intelligence speculation, with some positive economic data and earnings points, have extended it.

AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says
Reuters126d agoneutral
AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says

AI chipmaker Cerebras Systems, a rival to Nvidia , is scheduled to ‌kick off its IPO roadshow on Monday, ‌with shares expected to be priced between $115 and $125, a source ​familiar with the matter told Reuters. This marks Cerebras' second attempt to go public after withdrawing a previous IPO filing last October. Cerebras did not immediately respond ‌to Reuters request ⁠for a comment.

Jobs Report, Tech Earnings: What to Watch This Week
The Wall Street Journal126d agoneutral
Jobs Report, Tech Earnings: What to Watch This Week

Investors won’t get too much of a respite from a big week trading the AI boom, with Palantir, Advanced Micro Devices, and CoreWeave reporting earnings. A bevy of data about the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record
Bloomberg126d agoneutral
AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record

(Bloomberg) -- A rally in shares tied to artificial intelligence helped Asia’s stock benchmark wipe out losses sparked by the Iran war and climb back to an all-time high.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysPhilippines Says Thousands Evacuated as Mayon Volcano EruptsThe MSCI A

MediaTek hires former TSMC executive to boost AI chip packaging
Reuters126d agoneutral
MediaTek hires former TSMC executive to boost AI chip packaging

Taiwanese chip designer MediaTek said it has appointed former ‌TSMC executive Douglas Yu as a part-time ‌adviser as it steps up advanced packaging work and expands ​into the AI chip market. • Yu joined TSMC in 1994 and retired in 2025, holding a range of roles in backend ‌research and development. ⁠He played a key part in developing TSMC's advanced packaging technologies, including its ⁠CoWoS (Chip on Wafer on Substrate).

World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back
Associated Press126d agoneutral
World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back

Shares were mixed in Europe and Asia on Monday, with big gains for computer chipmakers and other tech stocks after Friday's rally on Wall Street. Oil prices rebounded and Brent crude climbed more than $2 a barrel as the U.S. launched an effort early Monday to guide ships out of the Strait of Hormuz. Iran rejected the plan but was reviewing the U.S. response to its latest proposal to end the war, Iran’s judiciary Mizan news agency cited Foreign Ministry spokesman Esmail Baghaei saying Sunday.

Uber rolls out a genius new perk customers will love
TheStreet126d agoneutral
Uber rolls out a genius new perk customers will love

Modern life runs on a stolen resource. Time slips away by 7:43 a.m. on a Tuesday, somewhere between a sleeping kid, a half-zipped duffel, and a car that's three minutes away. For most of its existence, Uber (UBER) sold a single product against that scarcity. You opened the app, you got a car, you ...

Samsung Electronics appoints new TV chief amid mounting competition
Reuters126d agoneutral
Samsung Electronics appoints new TV chief amid mounting competition

Samsung Electronics, the world's No. 1 TV maker, has replaced its TV ‌head for the first time in more than ‌two years, as it faces mounting competition from Chinese rivals at home ​and abroad. Samsung said in a statement on Monday that it has appointed Lee Won-jin, who was previously head of the Global Marketing Office, as the new head of its ‌Visual Display Business, ⁠succeeding Yong Seok-woo, who will serve as an adviser. Samsung usually carries out its annual management ⁠reshuffle around December, and the company did not disclose the reason for the replacement.

Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Reuters126d agoneutral
Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation

Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids, will seek a $6 billion valuation in its next financing round, double the valuation in a just-closed funding, the company said. Beijing-based Linkerbot completed what it called ‌a "series B+" funding round last week that valued it at $3 billion. It did not say when the next funding round will be launched or ‌whether it was targeting the previously undisclosed $6 billion valuation in a private investment round or in an initial public offering.

Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Reuters126d agoneutral
Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation

Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids, will seek a $6 billion valuation in its next financing round, double the valuation in a just-closed funding, the company said. Beijing-based Linkerbot completed what it called ‌a “series B+” funding round last week that valued it at $3 billion. It did not say when the next funding round will be launched or ‌whether it was targeting the previously undisclosed $6 billion valuation in a private investment round or in an initial public offering.