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(Bloomberg) -- Former BP Plc Chairman Albert Manifold pushed back against what he described as a “false narrative” surrounding his surprise departure from the British supermajor. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivUS Strikes Targets in Iran Even as Trump Hails Progress on DealThese AI Gurus Are Charging Wall Street Bank

Both big-box giants just posted quarters with plenty to like -- but only one stands out as the steadier long-term buy.

Moby summary of Ooma, Inc.'s Q1 2027 earnings call

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally. Shares of SK Hynix closed ‌the session up 9.3%, after rising as much as 14.9% during the session to take the South Korean chipmaker's market value to a record ‌1,680 trillion won ($1.12 trillion) and propel the country's benchmark KOSPI index to a record high. Domestic rival Samsung surpassed $1 trillion in market value for the first time on May 6, while U.S.-listed Micron did ​so on Tuesday.

(Bloomberg) -- Fireworks AI, a startup that helps companies run artificial intelligence models, is in talks to raise a new round of funding that would value the company at $15 billion, according to people familiar with the matter.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarRussia Tells US to Evacuate Its Diplomats and Citizens From KyivPutin Signs Law on Use of Army to Aid Russians Detained AbroadUS Strikes Targets in Iran Even as Trump Hails Progress

By Stephen Nellis SAN FRANCISCO, May 26 (Reuters) - Apple and Alphabet's Google on Tuesday pushed to amend an online safety bill working its way through Canada's parliament to add judicial oversight

PRIVATE PROPERTIES THE DEAL: Cosmetics billionaire William P. Lauder has sold a Manhattan co-op for $21.25 million—a $3.7 million loss from when he bought it three years ago.  THE BUYER: The buyers are financier David Rogers and Elizabeth Dexter, an interior designer, who own another co-op nearby, property records show.

Goldman Sachs is sounding the alarm on what it sees as a dangerous concentration in the artificial intelligence-driven stock market rally. In a May 15 report, Goldman Sachs strategist Ben Snider said the S&P 500 has climbed 10% this year, but the gains have become heavily concentrated in ...

NASA awarded contracts to space firms including Jeff Bezos' Blue Origin and ‌Astrolab to send robotic landers, rovers and ‌drones to support the upcoming lunar exploration missions. The U.S. space ​agency said on Tuesday it had awarded Astrolab $219 million and Lunar Outpost $220 million to build and deliver lunar terrain vehicles. Blue Origin was awarded a $188 million ‌contract to deliver ⁠the rovers to the moon's surface using its uncrewed cargo lunar lander, Mark ⁠1.

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled ‌Blackwell systems from Dell for about $1.6 billion, as it ‌aims to bring more capacity online to keep up with soaring ​AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems ‌will be set ⁠up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ⁠ready by early 2027.

Zscaler expects Q4 revenue of $875 million to $878 million, slightly below Wall Street estimates of $878.6 million.

Zscaler (NASDAQ:ZS) reported stronger-than-expected fiscal third-quarter results, with management highlighting growth in annual recurring revenue, record operating margin and rising demand for its zero-trust security platform as enterprises adopt artificial intelligence tools. Chairman and CEO Jay

Including, but not limited to, the company's anticipated future revenue, annual recurring revenue, net new annual recurring revenue, operating margin, gross margin, operating profit, net other income, earnings per share, and free cash flow margin, our customer response to our products, our expectations regarding AI and its impact on our business and customers, and our market share and market opportunity and our objectives and outlook. First, we hide applications and data behind our zero trust exchange making them invisible from the Internet.

Investing.com -- Elon Musk has discussed with colleagues the possibility of combining SpaceX with Tesla, according to a CNBC report on Tuesday.

Long before Micron Technology was one of the hottest commodities in the artificial-intelligence trade, it received $1 million from a potato tycoon named J.R. Simplot. Simplot, who died in 2008, invested in Boise, Idaho-based Micron in the early 1980s while it was still a nascent company in the computer-chip business. Micron on Tuesday crossed $1 trillion in market capitalization, the 12th U.S. company to reach that valuation and the first to be based in Idaho.

The headline numbers for Modine (MOD) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Today, May 26, 2026, investors balance new federal quantum backing against valuation risks and a new challenge to quantum superiority.

Nike's success has made it vulnerable to smaller players peeling off niche segments of the sneaker business. Essentially, when you're trying to reach everyone, you miss certain pieces of the market. That's why I, as a 52-year-old man with wide feet and weak ankles, wear New Balance and Skechers. ...

A potato tycoon who couldn’t type was the first to bet big on Micron Now, the rest of the world is catching on. The Boise, Idaho-based maker of memory chips closed above $1 trillion in market value for the first time on Tuesday, a sign of how even the most basic elements of the AI build-out are getting swept up in the yearlong frenzy for semiconductor stocks. Shares of Micron rose 19% on Tuesday, solidifying the country’s largest homegrown chip maker as the latest flag-bearer of the semiconductor rally.

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 27, including quarterly earnings from Salesforce (CRM), Marvell (MRVL), Synopsys (SNPS), Snowflake (SNOW), and HP Inc (HPQ).

Modine (MOD) delivered earnings and revenue surprises of +13.49% and +5.19%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Ooma (OOMA) delivered earnings and revenue surprises of +9.96% and +1.67%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Shares of Zscaler fell late Tuesday after fiscal third-quarter earnings and revenue surpassed Wall Street’s expectations but sales guidance fell short. The cybersecurity company posted adjusted earnings of $1.08 a share, compared with 84 cents a share a year ago and above Wall Street’s expectations of $1.01 a share. Revenue grew 25% to $850.5 million, topping the analyst consensus of $835.6 million, according to FactSet.

Semtech (SMTC) delivered earnings and revenue surprises of +12.51% and +2.73%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Amazon cited AI efficiency when it eliminated 16,000 corporate roles. Microsoft cited AI when it cut more than 15,000 positions. Across Big Tech, the explanation for layoffs has become almost predictable: we are doing more with less, and AI is why. Jensen Huang has a problem with that story. And he ...

The real threat to the tech sector isn't a lack of AI ideas, but a classic economic shock. The overproduction of computing power.

Zscaler (ZS) delivered earnings and revenue surprises of +7.73% and +1.88%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Transcat (TRNS) delivered earnings and revenue surprises of +9.80% and -1.65%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Micron Technology and ON Semiconductor were the top gainers in the S&P 500, rising 19% and 9.3% respectively. Bonds rose and oil prices were mixed as the outcome of Iran negotiations remains unclear. The 10-year Treasury yield declined 0.080 percentage point to 4.490%.

Elbit Systems Ltd (ESLT) reports robust growth with a 15.5% revenue increase and a record $30 billion backlog, driven by strong international demand.