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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

Bookings surged to $33.4 million in the first quarter, up from $1.6 million a year earlier, driven by a $20 million university system sale

Santa Clara County says the company profited from fraudulent ads targeting seniors and families.

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.

Semiconductor solutions provider Qnity Electronics raised its annual revenue and profit ‌forecast on Tuesday, driven by demand ‌for artificial intelligence and high-performance computing. Shares of the company gained ​over 5% in early trading. Demand for semiconductor equipment is surging on AI infrastructure spending, boosting suppliers like Qnity, which makes chips, advanced packaging, ‌interconnects and thermal ⁠management products for data centers.

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.

Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat

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.

(Bloomberg) -- A scorching rally in Intel Corp. shares is threatening huge losses for traders wagering that they’re due to fall. But that isn’t stopping them from placing those bets. 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 TrumpSince hitting a low on March 30, the chip

GameStop jumped, then reversed lower, after cryptic Keith Gill posts appeared and disappeared in postmarket trading.

Stocks stumbled Tuesday, with tech stocks taking a relatively bigger hit, after the latest inflation report came in hotter than expected. The Dow was flat, while the S&P 500 was down 0.4%. The tech-heavy Nasdaq was down 0.8%.

BETA Technologies touts eIPP, network, aircraft milestone progress. Archer clears key certification phase, sees military, AI growth.

electric car maker Tesla will ‌invest almost $250 million in ‌ramping up battery cell production capacity at ​its factory outside Berlin, in a move set to boost jobs in the area and strengthen ‌its supply ⁠chain, the company said on Tuesday. The investment is ⁠intended to create the conditions for annual production capacity of ​18 gigawatt ​hours at ​the site in ‌Gruenheide, south-east of the German capital, up from a previous 8 GWh, a statement said.

Gold moved lower early Tuesday, dropping for a second day as the dollar and yields rose after the Un

D-Wave Quantum's Q1 loss is narrower than estimates. The company posts record bookings despite a revenue miss, as it expands commercial adoption and quantum initiatives.

Cisco is due to release its quarterly results after Wednesday's closing bell, and traders are pricing in a big move for the stock by the end of the week.

S&P Global (NYSE:SPGI) has announced the board of directors for Mobility Global Inc., its soon to be separated Mobility business. The company has also named the leadership team that will run the Mobility unit once the separation is complete. This marks a key step toward the planned mid 2026 spinoff of the Mobility division from S&P Global. S&P Global, known for indices, credit ratings, and data services, is preparing to separate its Mobility division into a standalone company. The Mobility...

Circle is on a tear.

Cloudflare (NYSE:NET) reported a strong first quarter of 2026, with revenue rising 34% year over year to $639.8 million, as executives said demand tied to AI, agentic workloads and its Workers developer platform continued to accelerate. Co-founder and CEO Matthew Prince said the company began the y

.Business Secretary Peter Kyle said the partnership demonstrates that the Government is ‘backing high-growth British scale-ups’.

Major stock indexes are settling in after a bit of volatility this morning. Dow futures have turned slightly positive, while S&P 500 futures are down 0.2%. Nasdaq futures are down 0.6%. Each of these indexes is in a place better than where they were immediately after the inflation report came out.

Headline CPI matched forecasts of a 0.6% monthly increase and 3.8% inflation rate. Core inflation rose 0.4% on the month and 2.8% vs. a year earlier, both just above forecasts.

MARA reports a $1.26 billion net loss in Q1 2026 as bitcoin price drops hit holdings. See the full breakdown of revenue and mining operations here.

Consumer prices jumped more than expected in April, a sign that inflation is accelerating as the Iran war's fallout ripples through the economy. The headline consumer price index rose 0.6% from the previous month and 3.8% from a year earlier, above the 0.59% monthly gain and 3.7% annual increase economists had forecast, according to a survey by FactSet. The 3.8% annual increase marks the fastest pace of price growth since May 2023 and is also a notable jump from March, when CPI rose 3.3% year over year.

May 12 (Reuters) - Top brokerages expect the benchmark S&P 500 index to extend its rally in 2026, even as Middle East tensions disrupt global energy flows and drive inflation higher.