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Investing.com83d agobullish
Meta to cut 8,000 jobs this week as AI spending surges

Investing.com -- Meta Platforms is set to begin laying off approximately 8,000 employees this week, representing about 10% of its workforce, according to a CNBC report Monday. The company also canceled plans to fill 6,000 open positions.

Baidu Stock Climbs After Q1 Earnings As AI Growth Outshines Ad Concerns
Investor's Business Daily83d agobullish
Baidu Stock Climbs After Q1 Earnings As AI Growth Outshines Ad Concerns

Baidu stock climbed higher early Monday after the Chinese search engine company reported first-quarter results ahead of analyst expectations. Baidu said that it earned an adjusted 12.06 yuan per American depositary share for the March quarter, down 34% from a year earlier. Often compared to Google, Baidu was one of the quickest Chinese tech companies to embrace AI.

Exclusive-Compass Minerals eyes return to lithium market with EnergyX partnership
Reuters83d agobullish
Exclusive-Compass Minerals eyes return to lithium market with EnergyX partnership

May 18 (Reuters) - Compass Minerals plans ‌to jump back into ‌the lithium market by partnering ​with technology startup EnergyX to extract the battery metal from Utah's Great Salt ‌Lake, ⁠a move that comes as prices rise ⁠for the critical mineral alongside a broader push ​to boost ​U. The companies have ‌signed a memorandum of understanding that, if finalized, would see General Motors-backed EnergyX invest more than $400 million ‌and use ​its direct lithium ​extraction (DLE) ​technology to filt

Korean Stocks Rebound From Brink of Correction on Samsung Rally
Bloomberg83d agobullish
Korean Stocks Rebound From Brink of Correction on Samsung Rally

(Bloomberg) -- South Korean stocks erased their morning losses to finish higher, as optimism over progress in Samsung Electronics Co.’s labor talks helped offset the hit to sentiment from rising bond yields.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Wh

British Takeovers Up 250% as Global Buyers Bypass Political Flux
Bloomberg83d agobullish
British Takeovers Up 250% as Global Buyers Bypass Political Flux

(Bloomberg) -- A British dealmaking boom has London’s M&A advisers on track for their best year in more than a decade, standing in contrast to investor fears over the country’s latest political crisis.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Who Vote

Asia shares slip, oil prices pile pressure on bonds
Reuters83d agobullish
Asia shares slip, oil prices pile pressure on bonds

By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings

AMD buys $6.5 million of surging tech stock
TheStreet83d agobullish
AMD buys $6.5 million of surging tech stock

Advanced Micro Devices (AMD) has gained about 98% year to date, according to Yahoo Finance at the time of writing, Sunday morning, May 17. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.4% in the same period. The company has outpaced the S&P 500 by a huge margin. That is impressive, ...

Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items
24/7 Wall St.84d agobullish
Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items

When the CEO of America’s largest appliance maker compares today’s demand to the 2008 financial crisis, it’s worth pausing before you swipe for that new fridge. On the latest earnings call, Whirlpool chief Marc Bitzer told investors that “this level of industry decline is similar to what we have observed during the global financial crisis ... Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items

Volatile Chipmaker Stocks Emerge as Key Driver of S&P 500 Rally
Bloomberg84d agobullish
Volatile Chipmaker Stocks Emerge as Key Driver of S&P 500 Rally

(Bloomberg) -- Shares of chipmakers are increasingly dominating the S&P 500 Index, powering stocks to record highs while stirring concerns over the rally’s durability. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenTrump Gets Revenge on Republican Who Voted to Convict HimHow Keir Starmer Imploded and Plunged Britain Into More ChaosA selloff on Frida

The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy
24/7 Wall St.85d agobullish
The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy

For years, investors have watched private companies stay private longer while Wall Street’s biggest gains increasingly went to venture capital firms and institutional money managers. That’s part of why the upcoming IPO of SpaceX has generated so much excitement. Retail investors finally get a shot at owning one of the world’s most influential companies. And ... The SpaceX IPO Is Coming June 12. Here’s Why You Shouldn’t Rush In to Buy

Buy Nvidia Under $250 on Trump’s China Visit and Warsh’s Dovish AI Signals
24/7 Wall St.85d agobullish
Buy Nvidia Under $250 on Trump’s China Visit and Warsh’s Dovish AI Signals

NVIDIA (NASDAQ:NVDA) at $235.74 screens attractively under $250. President Trump’s China visit and growing signals that potential Fed Chair candidate Kevin Warsh will take a dovish stance toward AI investment reframe the two biggest overhangs on this stock: export controls and rate policy. Nvidia sits at the center of the AI buildout. Data Center revenue ... Buy Nvidia Under $250 on Trump’s China Visit and Warsh’s Dovish AI Signals

Jefferies Says AI Rally Remains Supported by Strong Earnings Growth
InvestorsHub85d agobullish
Jefferies Says AI Rally Remains Supported by Strong Earnings Growth

Artificial intelligence-linked stocks have accounted for more than 80% of the S&P 500’s gains so far in 2026, prompting debate among investors over whether the rally can continue. However, strategists at Jefferies argue that the advance still appears fundamentally supported rather than excessively speculative.

Quantum Computing (QUBT) Climbs on Q1 2026 Earnings
Insider Monkey85d agobullish
Quantum Computing (QUBT) Climbs on Q1 2026 Earnings

Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Small Cap AI Stocks to Buy According to Wall Street Analysts. On May 11, Quantum Computing Inc. (NASDAQ:QUBT) released its fiscal Q1 2026 earnings. The share price has risen more than 14.4% since the release. During the quarter, the company posted $3.7 million, reflecting a huge […]

UiPath (PATH) Jumps 6% Ahead of Earnings
Insider Monkey85d agobullish
UiPath (PATH) Jumps 6% Ahead of Earnings

UiPath Inc. (NYSE:PATH) is one of the 10 Stocks Dominating With Powerful Gains. UiPath climbed for a second day on Friday, adding 6.20 percent to close at $10.27 apiece, as investors began positioning portfolios ahead of the results of its earnings performance for the fiscal year 2027. The company is scheduled to announce its financial […]

A Look At BWX Technologies (BWXT) Valuation After Earnings Beat Guidance Raise And US$1.4b Navy Contracts
Simply Wall St.85d agobullish
A Look At BWX Technologies (BWXT) Valuation After Earnings Beat Guidance Raise And US$1.4b Navy Contracts

BWX Technologies (BWXT) is back in focus after reporting first quarter 2026 results that topped Wall Street expectations, raising full year guidance and landing more than US$1.4b in new U.S. Navy nuclear contracts. See our latest analysis for BWX Technologies. Even after a recent pullback, with a 30 day share price return down 11.47%, BWX Technologies still shows strong momentum. The year to date share price return is 16.00% and the 1 year total shareholder return is 95.09%, reflecting how...