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CEO Bob Frenzel also said Xcel is doubling down on its renewables strategy. “We believe that these large customers are absolutely committed to [the] long-term sustainability of their own product,” he said.
Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
One big surprise coming out of last week’s unusual press conference by Fed Chairman Jay Powell was his decision to remain on the Federal Open Market Committee (FOMC) as a Governor after Kevin Warsh takes over this month. That sets up an interesting dynamic for the Fed going forward, writes Louis Navellier, founder and chairman of Navellier & Associates.
Nike, Inc. (NYSE:NKE) is under federal investigation by the U.S. Equal Employment Opportunity Commission (EEOC) over its diversity, equity, and inclusion practices. The company is highlighted as a key brand in projections for global football merchandise market growth. Nike's Chief Operating Officer is set to deliver a keynote at a major industry event focused on operational transformation and artificial intelligence. Nike, Inc. (NYSE:NKE) sits at the intersection of sportswear, technology,...
BigBear.ai Holdings (NYSE:BBAI) has secured a significant classified federal AI contract with the intelligence community. The company has acquired Ask Sage, expanding its generative AI capabilities and contributing to backlog growth. BigBear.ai is winning new contracts that apply its generative AI platforms in airport trade and travel use cases. Management is executing a transformative acquisition and organizational realignments to focus on federal AI spending. Recent results include strong...
On Sunday, former White House AI and crypto czar David Sacks said artificial intelligence is rapidly becoming one of the most powerful drivers of the U.S. economy as Morgan Stanley raised its forecast for hyperscaler AI infrastructure spending. Morgan Stanley Projects Massive AI Capex Boom From Big Tech Morgan Stanley now expects Amazon.com Inc., Alphabet Inc., Meta Platforms Inc., Microsoft Corp. and Oracle Corp. to collectively spend about $805 billion in capital expenditures in 2026, up from
Catch up on the stories we’re following today
Apple on Tuesday settled for $250 million a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference in 2024, saying they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come until this year, and executives have now confirmed that the new Siri features will be unveiled at Apple's annual developer conference next month.
Michael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated by escalating Middle East tensions, has underscored the vulnerability of digital assets to broader risk aversion, with investors leaning towards safer options amid concerns over lofty AI valuations and uncertainty around U.S. Federal Reserve policy. Though bitcoin prices have bounced back partially, the world's largest cryptocurrency has lost 7% in value in 2026.
CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q
At this time, I'd like to turn the call over to Eugene Fedotoff, IPG's Senior Director, Investor Relations for introductions. Eugene Fedotoff: Thank you, and good morning, everyone. With me today is IPG Photonics CEO, Dr. Mark Gitin, and Senior Vice President and CFO, Tim Mammen.
American Eagle Outfitters and Lands’ End are among the first adopters as Amazon opens its logistics network to all businesses and intensifies competition with FedEx, UPS and DHL.
ServiceNow (NYSE:NOW) used its Knowledge 2026 event to introduce major AI platform advances, including autonomous agents and an upgraded AI Control Tower for enterprise governance. The company launched ServiceNow Otto, a unified conversational AI and workflow automation experience intended to sit across the enterprise. New and expanded partnerships were announced with NVIDIA, Microsoft, Lenovo, and FedEx, focused on desktop AI agents, cross cloud governance, device lifecycle automation, and...
Conditions are not right for Bitcoin to mount a recovery above $100,000, according to Galaxy Digital Inc. (NASDAQ:GLXY) CEO Mike Novogratz. "It’s not my prediction that we break [$100,000] this year," Novogratz said on Galaxy Digital’s Q1 earnings call on...
Americans who recently earned their bachelor’s degree have faced a challenging job market in recent years.
You wouldn’t expect a fund stuffed with European utilities, tobacco companies, and Canadian fertilizer to keep pace with the Nasdaq-100 in 2026, but here we are. Fidelity International High Dividend ETF (NYSEARCA:FIDI) is up about 8% year-to-date, edging out Invesco QQQ Trust (NASDAQ:QQQ) at roughly 8% as well. The lead is small, and the one-year ... This ETF Is Are Outpacing Tech Stocks While Paying High Dividends
HOG Q1 EPS misses as tariffs and incentives squeeze HDMC margins, even with retail sales up and 2026 guidance reaffirmed.
Michael Lyons: Thank you, Walter, and good morning, everyone. While anticipation lending volumes in Argentina remain strong, lower inflation and interest rates in Argentina were a revenue headwind to Merchant in Q1.
SEDG heads into first-quarter earnings results with U.S. manufacturing ramp-up, the new Nexis rollout in Germany, and tariffs pressuring costs.
IFA President Matt Haller writes that the American Franchise Act has bipartisan support and could protect 9 million jobs from disappearing.
KHC heads into first-quarter earnings with sales and profit seen falling as weak demand, inflation and higher marketing spend weigh on near-term performance.
A changing of the guard at the Fed could have significant implications for the stock market.
The narrative about the state of the labor market — whether it remains in stasis or is beginning to heat up — will be shaped this week by a series of data drops.
Workday Inc. (NASDAQ:WDAY) is one of the best enterprise software stocks to buy right now. On April 28, Workday Government introduced a new Personnel Action Request/PAR Agent designed to modernize federal HR operations and accelerate critical transactions. The agent automates routine tasks such as hiring, promotions, and pay changes, which traditionally rely on fragmented, paper-based […]
The stock market keeps climbing, even as investors wrestle with sticky inflation, elevated interest rates, and slowing earnings growth. The S&P 500 has returned over 26% over the past 12 months, driven largely by artificial intelligence enthusiasm and a small group of mega-cap technology stocks. But beneath the rally sits a number that deserves attention ... The Stock Market Flashed This Warning Only Once Before. What Comes Next Isn’t Pretty
<body><p>STORY: From Amazon's FedEx challenge to robotic bag handlers at airports... this is Tech Weekly.</p><p>:: Tech Weekly</p><p>Amazon.com has moved into the business of UPS and FedEx with its so-called "Amazon Supply Chain Services".</p><p>The firm has given other businesses access to its supply chain network that has powered the e-commerce giant’s operation for decades.</p><p>The move could make it a key logistics player and intensify competition on pricing and speed.</p><p>It has already signed up Procter & Gamble, 3M and American Eagle Outfitters. </p><p>///</p><p>A Chinese robotics startup is seeking a $6 billion valuation in its next financing round.</p><p>Linkerbot is the global market leader in highly dexterous robotics hands for humanoids.</p><p>The firm said it focuses on the skills of top artisans, which its CEO calls 'dexterous craft'. </p><p>The hands can already turn screws fast, pick up soft items, thread a needle, and do precise factory work.</p><p>///</p><p>Japanese baggage handlers are due to be joined by robotic colleagues at Tokyo's Haneda Airport.</p><p>It's part of a two-year trial of the technology by Japan Airlines.</p><p>The humanoid robots aim to contribute to tasks like baggage handling and cleaning aircraft cabins.</p><p>Japan Airlines said in a statement about the initiative the aero sector faces the duel challenges of an aging and shrinking workforce, and a higher workload.</p><p>/// </p><p>Scientists from Project CETI have built an underwater robot to listen in to sperm whale conversations.</p><p>The creatures click to communicate in bursts of sound that can travel huge distances.</p><p>David Gruber is project CEO and explained how the robot worked.</p><p>"So it essentially is like a fully autonomous vehicle, kind of like a Waymo car, that's making decisions and being able to stay, even though it moves quite slowly, stay with whales for long periods of time. It allows us to get these longer term data sets." </p><p>The system could potentially show how the whales react to human-made noise and activity and how it affects them.</p><p>///</p><p>And a humanoid robot called Sophia performed with a live orchestra in AI-themed concert in Hong Kong</p><p>"Even though I don't experience emotions the same way humans do, I want to simulate that connection as authentically as I can."</p><p>Sophia was first unveiled by the Hong Kong-based Hanson Robotics ten years ago and she's even sung on "The Tonight Show Starring Jimmy Fallon".</p><p>But this was the first time Sophia had appeared with a live orchestra.</p><p>She performed three songs overall.</p></body>
A federal jury recently found Uber (NYSE:UBER) legally responsible for a 2019 passenger assault. The verdict is part of a nationwide multi-district litigation focused on passenger sexual assault. Jurors held Uber liable as a common carrier, a classification with potential implications for future cases. This is the second major verdict against Uber this year, with more bellwether trials scheduled. Uber operates a global ride hailing and delivery platform, connecting drivers, couriers and...
Elon Musk settles over Twitter stock disclosures, Palantir beats expectations, Trump’s tariff risks persist, and more news to start your day.
Things continue to look dicey for the U.S. economy and stock market.
Earnings season revs up the next few days as investors will hear from big companies including Advanced Micro Devices, CoreWeave, Pfizer and McDonald's. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.