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California county sues Meta over scam ads
Reuters105d agoneutral
California county sues Meta over scam ads

California's Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false advertising and unfair business ‌practices laws. The lawsuit – filed Monday in Santa Clara County Superior Court on behalf of all California residents – ‌accuses the social media giant of tolerating fraudulent advertising on a global basis. The suit seeks restitution, civil damages and an order prohibiting ​Meta from engaging in unfair business practices.

Sharplink Gaming Q1 Earnings Call Highlights
MarketBeat105d agoneutral
Sharplink Gaming Q1 Earnings Call Highlights

Sharplink Gaming (NASDAQ:SBET) reported a sharp increase in first-quarter revenue as management emphasized its Ethereum treasury strategy, while the company also posted a large net loss tied to accounting treatment and weaker Ether market conditions during the quarter. On the company’s earnings cal

BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List
24/7 Wall St.105d agoneutral
BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Elon Musk, Apple's Cook and Boeing CEO going to China with Trump, official says
Reuters105d agoneutral
Elon Musk, Apple's Cook and Boeing CEO going to China with Trump, official says

Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and ‌Boeing's Kelly Ortberg will join U.S. President Donald Trump on his visit ‌to China this week, a White House official told Reuters. Others taking part include Meta's Dina ​Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman, Cisco's Chuck Robbins, Micron's Sanjay Mehrota, Mastercard'ss Michael Miebach, Qualcomm's Christiano Amon and Visa's Ryan McInerney, the official said.

Today Is All About Chip Stocks—Again
The Wall Street Journal105d agoneutral
Today Is All About Chip Stocks—Again

Look at the most actively traded stocks on the S&P 500 this morning and you'll find some of the past few days' usual suspects: After powering the index to a fresh record Friday, chipmakers are the stocks changing hands the most this morning, extending their breakneck run-up.

Ceva Q1 Earnings Call Highlights
MarketBeat105d agoneutral
Ceva Q1 Earnings Call Highlights

Ceva (NASDAQ:CEVA) reported an 11% year-over-year increase in first-quarter 2026 revenue, driven by its strongest licensing quarter in three years and new design wins across Bluetooth, satellite communications, ultra-wideband, Wi-Fi and edge AI. Chief Executive Officer Amir Panush said the company

Certara Q1 Earnings Call Highlights
MarketBeat105d agoneutral
Certara Q1 Earnings Call Highlights

Certara (NASDAQ:CERT) reported first-quarter 2026 revenue of $106.9 million, up 1% from the prior-year period, as stronger software performance offset softer services results and the company outlined a strategic reset under Chief Executive Officer Jon Resnick. Resnick, who said he has passed the 10

JPMorgan issues stark warning on gas prices and inflation
TheStreet105d agoneutral
JPMorgan issues stark warning on gas prices and inflation

The U.S.-Iran conflict, now in its third month, has torn through global oil supply at a historic pace. Yet prices at the pump, while painful, haven't spiked as violently as past crises might suggest. JPMorgan says it's a warning sign that something far more unsettling is occurring beneath the ...

Oil rises, stocks mixed on US-Iran deadlock
AFP106d agoneutral
Oil rises, stocks mixed on US-Iran deadlock

Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.Beijing has said it is ready to work with Washington in pursuit of "more stability" as the two countries remain at odds over key issues including trade tariffs, the Middle East war and Taiwan.

Bloomberg106d agoneutral
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO

(Bloomberg) -- Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelr

Stocks Inch Lower. Inflation and Retail Sales Data Are on Tap.
Barrons.com106d agoneutral
Stocks Inch Lower. Inflation and Retail Sales Data Are on Tap.

Stocks are inching lower on Monday in anticipation of a pivotal week, with data on inflation and retail sales. The Dow was down 68 points, or 0.1%, while the S&P 500 was down 0.1%. Markets are awaiting an update on prices, especially gasoline when the consumer price index is released Tuesday morning.