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The S&P 500 slipped from record levels on Tuesday as rising oil prices and sticky inflation concerns pressured technology shares, but Polymarket traders are betting the benchmark index will rebound at Wednesday's open. The S&P 500 closed 0.16% lower at 7,400.96 after touching fresh highs earlier this week. However, a May 13 contract on Polymarket showed an 83% chance that the index would open higher on Wednesday. Why That Number Matters Investor focus has shifted toward inflation after April con

Japanese technology investor Softbank Group Corp. reported Wednesday that profits for the fiscal year through March zoomed by nearly five-fold from the previous year as its AI investments paid off. The Tokyo-based company recorded an annual profit of 5 trillion yen ($32 billion), far greater than the 1.15 trillion yen profit racked up the previous year. Among its most lucrative investments was OpenAI, in which Softbank has invested $34.6 billion, recording gains of $45 billion.

GameStop (NYSE:GME) submitted an unsolicited US$56b all stock bid to acquire eBay, which eBay's board rejected as neither credible nor attractive. eBay cited concerns about financing, execution risk, and corporate governance, while GameStop has requested an increase in authorized shares, drawing attention to how any large deal might be funded. High profile investor Michael Burry exited his entire position in GameStop after the bid surfaced, adding to questions about the company’s direction...

Nebius Group (NasdaqGS:NBIS) is integrating Clarifai's engineering team and licensing its inference and compute orchestration technology. The move expands Nebius' AI inference capabilities and strengthens its Token Factory platform. This follows earlier coverage of the Eigen AI acquisition and large cloud contracts, marking another material step toward full stack AI solutions. Nebius Group enters this announcement with its share price at $179.11 and very strong recent performance, including...

With inflation at 3.8%, a three-year high, the Pimco Inflation Response Multi-Asset fund is especially relevant right now.

Pfizer (NYSE:PFE) and Arvinas have transferred global development and commercialization rights for VEPPANU (vepdegestrant) to Rigel Pharmaceuticals. VEPPANU is the first FDA approved PROTAC therapy and was recently cleared in the U.S. for certain patients with advanced breast cancer. The global license agreement makes Rigel the commercial leader for VEPPANU, while Pfizer and Arvinas retain an economic interest through the deal structure. For investors watching NYSE:PFE, this move highlights...

The Grasberg minerals district in Indonesia is home to one of the largest deposits of copper and gold globally.

Eli Lilly (NYSE:LLY) reported new late phase clinical data on its obesity portfolio. Patients with obesity maintained significant long term weight loss after switching from injectable to oral therapies. The trials highlighted Foundayo and Zepbound as durable options for ongoing weight management and showed a consistent safety profile for the new oral GLP 1 therapy. Eli Lilly enters this update with its stock at $989.87 and 5 year share price gains of 432.2%. The company has also delivered a...

JPMorgan Chase (JPM) is preparing a leadership reshuffle within its investment bank unit as the lend

PayPal Holdings (NasdaqGS:PYPL) has partnered with the Seattle Seahawks as the team's Official Fan-to-Fan Payments and Exclusive Digital Ticket Payment Processing Partner. This is the first team-level partnership between an NFL franchise and PayPal following the company's league-wide agreement with the NFL. The deal integrates PayPal with Ticketmaster for Seahawks digital ticket payments and introduces new fan-focused payment and engagement features. For readers tracking NasdaqGS:PYPL, this...

View more earnings on CSCO With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Cisco Systems Inc. (NASDAQ:CSCO) to report quarterly earnings at $1.03 per share on revenue of $15.56 billion after the closing bell, according to data from Benzinga Pro. Cisco shares gained 0.2% to $99.53 in after-hours trading. MaxCyte Inc. (NASDAQ:MXCT) reported better-than-expected first-quarter financial results

Smart investors will be prepared for any outcome with Nvidia's upcoming first-quarter results.

On a recent episode of the Rich Habits Podcast titled “169: Our Favorite Passive Income Strategy (2026),” co-host Austin laid out the covered call ETF pitch that most yield-chasers skip: “Because JEPI uses these ELNs instead of actual listed options, the IRS treats virtually all of the premium income JEPI generates as ordinary income, not ... That 8% Yield on JEPI Is Actually 5.5% After Taxes: Here’s Why High Earners Should Know the Difference

On Tuesday, Sen. Elizabeth Warren (D-Mass.) launched a renewed push to examine whether the rapid expansion of AI data centers run by major technology companies is driving up electricity costs for American households. Warren Raises Alarm Over AI Power Consumption In a post on X, Warren said that "a single AI data center uses as much electricity as 100,000 households." She argued that utility companies are shifting infrastructure upgrade costs onto consumers instead of Big Tech firms. "Utility com

Nutrien (NYSE:NTR) reported higher first-quarter adjusted EBITDA and record potash sales volumes, while management said its full-year guidance remains unchanged despite disruptions to global fertilizer and energy markets tied to the ongoing Middle East conflict. President and CEO Ken Seitz said the

Will a hantavirus outbreak offset the regulatory risks weighing on Moderna stock? The path to recovery is far from certain.

Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) will be announcing earnings results this Monday after market close. Here’s what to expect.

A high-level delegation of business executives is travelling to China with US President Donald Trump on Wednesday, with the inclusion of Jensen Huang underscoring how AI chip exports and advanced technology trade are likely to be central to discussions between the two nations.View on euronews

The integration will allow Google Pay users using Gemini or Google Search to select Klarna at checkout.

After Tuesday’s inflation report, focus turns to President Trump’s long-awaited visit to China, with the Iran war and tariffs likely to be central topics. Meanwhile, the OpenAI-Elon Musk trial continues in California and earnings are expected from companies including Cisco Systems.

Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.7%. The Dow Jones Industrial Average added just 56 points, or 0.

Here's what the data suggests about the market right now.

As the artificial intelligence (AI) revolution enters its next critical phase, the Founder of Niles Investment Management, Dan Niles, is looking past current market darlings, betting that Intel Corp. (NASDAQ:INTC) is poised for a massive hardware resurgence. Rise Of Agentic AI While Wall Street watched Nvidia Corp. (NASDAQ:NVDA) see its GPUs “explode higher” during the initial AI training boom, Niles argues the landscape is fundamentally shifting. The catalyst is “Agentic AI”—systems capable of

A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.

Bloom Energy is crushing the market in 2026, with a nearly 200% gain on the year.

The Japanese technology investment company has issued debt, sold stakes in companies, and borrowed against its stake in Arm Holdings and other assets to fund bold AI investments.

In the first quarter of 2026, Sea Limited reported revenue of US$7,097.49 million and net income of US$427.94 million, with both basic and diluted earnings per share from continuing operations slightly higher than a year earlier. The results highlighted broad-based strength, as Shopee delivered record gross merchandise value and revenue, Garena posted its best quarter since 2021, and the Money segment expanded into new markets while maintaining disciplined risk management. We’ll now explore...