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Big tech firms are poised to extend their rally following a strong earnings season and continued momentum in artificial intelligence spending, according to Wedbush analysts, who pointed to accelerating enterprise adoption and sustained demand across chips, cloud infrastructure, software and...

Former OpenAI Chief Scientist Ilya Sutskever said on Monday his ownership stake in the artificial intelligence startup is ‌worth about $7 billion, as he testified in a legal fight between ‌Elon Musk and OpenAI. • The trial could determine the future of OpenAI, which spearheaded widespread use ​of AI with its ChatGPT chatbot and has been raising billions of dollars from investors to build out its computing power ahead of a potential trillion-dollar IPO. • Musk is seeking fundamental changes to the governance of the company as ‌well as $150 billion in damages ⁠from OpenAI and Microsoft, one of its largest investors.

By Courtney Rozen WASHINGTON, May 11 (Reuters) - The U.S.

IREN is planning a $2.3B convertible note offering to scale its AI line and DeFi degens are starting to trade STRC.

Jerome Powell's tenure as chair of the Federal Reserve ends this week. Here are key moments from his two terms leading the central bank.

TDS swings to a Q1 profit on spectrum sale gains as fiber expansion and tower growth help offset legacy telecom declines.

Oklo's latest quarterly results are due after the closing bell Tuesday, with traders expecting a big swing in the nuclear startup's stock following the report.

McDonald's (NYSE:MCD) reported first-quarter 2026 global comparable sales growth of 3.8% and said it gained market share in nearly all of its top 10 markets, as executives emphasized value, marketing and menu innovation as the company’s main growth drivers in a challenging consumer environment. Cha

Two major Wall Street forecasters updated their S&P 500 targets on the same day. They cited the same reason. And neither of them lowered their number. One of those calls is aggressive enough to catch the market's attention. The other is even more aggressive. Here is what is driving both. HSBC ...

(Bloomberg) -- Verizon Communications Inc. is selling $4 billion of hybrid bonds in the US dollar investment-grade debt market for the first time after issuing the equivalent of $8 billion of them in other currencies over the last six months.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 CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jew

(Bloomberg) -- Meta Platforms Inc. was sued by Santa Clara County, California, over allegations that the company “knowingly facilitates and profits from billions of scam advertisements” on its social networks, including Facebook and Instagram. 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 CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting J

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. 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 CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Earlier this morning, we posted our earnings press release and earnings presentation on the Circle Investor Relations website, investor.circle.com. Non-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures.

The reigning chipmaker could soon have more competition in the artificial intelligence (AI) space.

Investing.com -- Texas Attorney General Ken Paxton has filed a lawsuit against Netflix Inc (NASDAQ:NFLX), alleging the streaming giant illegally surveilled users and exploited children’s data. The legal action claims the company rebranded itself as a "logging company" that prioritizes data monetization over consumer privacy. The state’s petition alleges that Netflix deceptively collected sensitive behavioral information without obtaining proper consent from its millions of Texas subscribers. Sha

Circle Internet Group (NYSE:CRCL) reported first-quarter 2026 results that showed higher revenue, adjusted EBITDA growth and continued expansion in USDC transaction activity, while management emphasized new product launches tied to stablecoins, blockchain infrastructure and AI agents. Co-founder, C

If it does, the bitcoin price is likely to react, and it may be happening already. The iShares Bitcoin Trust ETF climbed on Monday, outperforming the SPDR Gold Shares ETF. One of Strategy's two big engines for financing bitcoin purchases has just turned back on for the first time since April 14.

Wall Street already knew CoreWeave was growing fast. But after its first-quarter 2026 earnings call, CEO Mike Intrator made something crystal clear: the company is winning business while locking up the AI infrastructure market for years to come. The numbers backing that claim are hard to dismiss. ...

Moby summary of OPAL Fuels Inc.'s Q1 2026 earnings call

Bruce M. Bodine: Good morning, and thank you for joining our call. The business climate is challenging, but it is allowing The Mosaic Company to differentiate itself by benefiting from our significant advantages and optimizing our capital. Geopolitical events are driving volatility throughout the global phosphate supply chain.

Moby summary of Direct Digital Holdings, Inc.'s Q1 2026 earnings call

More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing.

(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. 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 CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms

LTM's first-quarter 2026 revenues benefit from increases in passenger revenues and cargo revenues.

Every now and then, a limited-time offer captures the public's attention in a way that drives tremendous interest in the brand. When Starbucks, for example, first introduced the Unicorn Frappuccino, it became something people had to try at least once. McDonald's created a similar phenomenon with ...

Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and ...

Cerebras Systems increased the size and expected price range of its initial public offering, which n

(Bloomberg) -- Pressure built on Keir Starmer to lay out a time table for his departure after the British prime minister’s latest attempt at a reset fell short what of what critics said was needed to quell the rebellions within the Labour Party. 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 CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting

The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.

Satya Nadella is expected to testify about Microsoft’s partnership with OpenAI and the company’s support of Sam Altman.