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Isomorphic Labs, an artificial intelligence-driven drug discovery company, said on Wednesday it has raised $2.1 billion in ‌its latest funding round led by existing investor Thrive ‌Capital. The funding round, completed at an undisclosed valuation, also included other existing investors, Google ​Ventures and Alphabet, along with new backers MGX, Temasek and CapitalG. "This capital injection allows us to build out our drug design engine at scale, ⁠driving us forward in our mission to solve all diseases," said founder and CEO Demis Hassabis.

Several Wall Street analysts raised their price targets on highflying AI stocks, including Nvidia, AMD and Broadcom.

Novanta (NASDAQ:NOVT) reported stronger-than-expected first-quarter 2026 results, with management citing broad-based bookings growth, accelerating demand in automation and medical markets, and rising exposure to artificial intelligence-related infrastructure applications. Chair and Chief Executive

Kopin (NASDAQ:KOPN) reiterated its full-year 2026 revenue outlook and highlighted a series of defense and AI infrastructure initiatives on its first-quarter earnings call, with Chief Executive Michael Murray describing the period as “one of the most exciting stretches” in the company’s history. The

JD.com (NASDAQ:JD) reported a faster pace of revenue growth and higher profitability in the first quarter of 2026, as gains in general merchandise, marketplace services and logistics helped offset continued pressure in electronics and home appliances. Chief Executive Officer Sandy Xu said total rev

CPI Comes in Line With Expectations.

Shares of Under Armour plummeted Tuesday after the sportswear retailer finished off a third consecutive fiscal year of falling sales and issued weak guidance for 2027. The company reported an adjusted loss of 3 cents a share for the fiscal fourth quarter, a tick below analysts’ consensus call for a loss of 2 cents. Analysts had expected slight revenue growth and adjusted earnings of 23 cents a share.

May is well underway, but Social Security retirees still have some important days coming up. In fact, there are a few key dates that seniors who collect benefits should circle on their calendar so they’re prepared for what’s coming this month. Here’s what retirees should plan for. The May CPI data release One of the ... May Dates Social Security Recipients Need To Circle On Their Calendars

We can see clearly how disruptions in the Strait of Hormuz have affected energy prices: +3.8% overall, +5.4% for gasoline.

Investing.com -- JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon said Tuesday there is "a little too much exuberance" in markets, cautioning that investors may be overlooking inflation concerns while focusing on potential Middle East conflict resolution.

By Ragini Mathur and Utkarsh Hathi May 12 (Reuters) - Wall Street's main indexes edged lower on Tuesday, with the S&P 500 and the Nasdaq pulling back from record highs after a hotter-than-expected

As you can see, we expect production from our operational and commissioning facilities to be relatively stable over the course of 2026 with normal seasonality and potential variability from Plaquemines commissioning process. In addition, April 15 marked the 1-year anniversary of COD at Calcasieu Pass, and I am pleased to say that we have now exported >150 contracted cargoes to our customers without missing a single scheduled cargo. CP2 is our largest project to date, and we are increasingly confident it will be the fastest to progress from FID to first LNG not only for Venture Global, but in the history of the LNG industry.

Nevada Takes Center StageThe Iran conflict once again demonstrates why gold remains in demand as a safe-haven asset during times of geopolitical uncertainty. While rising oil prices fuel inflation fears and put pressure on capital markets, capital is increasingly flowing into defensive tangible assets.

JPMorgan Chase Chair and CEO Jamie Dimon says he is still worried about inflation risk during an interview with Bloomberg's Francine Lacqua on "Bloomberg Open Interest."

Figure Technology Solutions (NASDAQ:FIGR) reported sharply higher first-quarter 2026 revenue and profitability as executives emphasized that the company is positioning itself as a blockchain-native capital markets platform rather than a traditional home equity lender. Chief Executive Officer Michae

The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.72%. June E-mini S&P futures (ESM26 ) are down -0.38%, and June E-mini Nasdaq futures...

Affirm has been one of the more closely watched names in financial technology as investors weigh whether the buy now, pay later company can turn rapid growth into a more durable profit story. Bank of America came away from the company’s latest quarter with more confidence, raising its price target ...

Shares of Chipotle Mexican Grill (NYSE:CMG) currently trade around $32.50, while the average Wall Street price target sits at $43.66. That means analysts see an average of roughly 34% upside for the burrito chain today. Chipotle operates more than 4,042 company-owned restaurants and is one of the most closely watched names in fast casual restaurants. ... Analysts See Big Upside for Chipotle Stock For This Reason

Advertiser spending on streaming is projected to hit $20 billion by 2029, as consumers flock to cheaper ad-supported plans.

The digital payments company agreed Tuesday to a settlement with the Department of Justice over a 2020 diversity investment fund.

Before we get into first quarter performance, I would like to invite our Chairman, Rakesh Sachdev to spend a few minutes discussing our CEO succession. Rakesh Sachdev: Thank you, Louis, and good morning, everyone. As you likely saw, we announced on April 22 that Aamir Paul will succeed Louis as Regal Rexnord's sixth CEO.

(Bloomberg) -- US derivatives exchange CME Group Inc. and index provider Silicon Data are teaming up to create a futures market for computing power, a key source driving the AI boom. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO to Miss China Trip After Year of Travels With TrumpThe futures will help traders, financial

Investors want easy exposure to the hot memory sector — including dominant overseas players.

Small-cap cryptocurrency miner CleanSpark (NASDAQ: $CLSK) has reported first-quarter financial results that disappo...

SYM beats fiscal Q2 estimates with 23% revenue growth and margin expansion, but shares slide 15.5% after the earnings release.

PayPal agreed to forgo approximately $30 million in transaction fees to end a Justice Department probe into allegations that the financial services company had adopted unlawful preferences for minority-owned businesses. Justice Department officials had been investigating whether the company violated a federal civil rights law that prohibits creditors from discriminating against applicants based on race. The department’s probe targeted PayPal’s $530 million plan to support Black and minority-owned businesses, which the company created in 2020, shortly after the killing of George Floyd by a police officer prompted a nationwide conversation about racial inequality.

May 12 (Reuters) - The S&P 500 and the Nasdaq opened lower on Tuesday, as investors weighed a hotter-than-expected inflation report and fading hopes for a swift resolution to the Middle East conflict.