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(Bloomberg) -- Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamda

Qualcomm Tumbles as Inflation Shock Sparks Semiconductor Selloff

Cryptocurrency exchange Bullish (NYSE:BLSH) will release earnings for the first quarter before the bell on Thursday. Here’s what’s happening with the company and its stock. EPS, Revenue Forecast Analysts forecast earnings per share of $0.17 for the company, down 10% quarter-over-quarter. Bullish is expected to deliver revenue of $94.87 million, marking a 2.56% increase from the previous quarter. The BLSH stock has a consensus price target of $51.91 based on the ratings of 12 analysts, with the h

China's Alibaba on Wednesday posted a 3% rise in fourth-quarter revenue on robust growth for ‌its cloud computing and AI divisions, while its e-commerce ‌unit benefited from a new round of government subsidies. Like other major tech giants, Alibaba too has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group ⁠surged 38% to 41.63 billion yuan ($6.13 billion) from a year ago and was a touch ahead of estimates of 41.27 billion ​yuan.

Biopharmaceutical drug delivery company Halozyme Therapeutics (NASDAQ:HALO) will be announcing earnings results this Monday after market close. Here’s what to expect.

The stock market has lots of questions about private-credit funds, namely how much they’re really worth. Blue Owl Capital is an example. The fund, known as OBDC, cut its net assets 3% to about $7.2 billion when reporting first-quarter results last week.

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

Tencent Holdings extended its streak of double-digit profit growth in the first quarter despite the Chinese tech giant’s ballooning investments to stay ahead in China’s artificial-intelligence race, though revenue growth slowed. Tencent was previously focused on leveraging the technology to boost productivity and reduce costs across various businesses.

FEATURE Intel stock and shares of other semiconductor companies were gaining early Wednesday. The chips rally looked set to resume after a blip the previous day.  Intel shares were up 4% in premarket trading, while Advanced Micro Devices was rising 2.

The U.S. stock market is expensive by historical standards, and the Federal Reserve warns that elevated energy prices could lead to interest rate hikes.

Novo Nordisk A/S (NYSE:NVO) said its first quarter of 2026 was marked by rapid uptake of its newly launched Wegovy pill in the U.S., continued expansion of its obesity franchise and a series of pipeline and regulatory milestones, even as adjusted sales declined because of lower realized prices. Chi

Qnity Electronics (NYSE:Q) reported first-quarter financial results on Tuesday. The transcript from the company's first-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. Access the full call at https://event.on24.com/wcc/r/5304863/13B583BE38AAAC829D30E77A12130D1F Summary Qnity Electronics Inc reported an 18% year-over-year increase in net sa

U. S. stock index futures traded near unchanged levels on Wednesday as investors monitored President Donald Trump’s upcoming trip to China and prepared for another round of corporate earnings and economic developments.

The e-commerce platform can't jettison plausible monopoly claims made by the buy now, pay later company, a federal judge ruled Monday.

The two scenarios the billionaire investor cautioned about appear to be playing out.

McDonald’s is renewing its vows with Chicago, striking a deal to put its name on a new professional soccer stadium in its longtime home. Chicago Fire Football Club’s planned stadium, scheduled to open in 2028, will be named McDonald’s Park under a deal set to be announced Wednesday. McDonald’s said the 22,000-seat Major League Soccer stadium will constitute the burger giant’s first naming rights deal for a professional sports facility in the U.S.

(Bloomberg) -- Oil inventories are falling around the world at a record pace and will continue to drop for months as the disruption to Middle East supplies from the Iran war intensifies, according to the International Energy Agency.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home Reve

(Bloomberg) -- Japan’s three megabanks are set to secure access to Anthropic’s artificial intelligence model Mythos, according to a person familiar with the matter, after its limited release last month sparked fears of a new age of cybersecurity risks. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Co

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the S&P 500 falling from a record high during the session after a hotter-than-expected April inflation report consolidated worries that the Federal Reserve will not cut interest rates this year. Headline Consumer Price Index accelerated to 3.8% year-over-year in April from 3.3% prior, the highest reading si

President Trump's Fed chair nominee could be opening a can of worms for investors.

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.

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

Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue growth and stronger free cash flow in its fiscal second quarter, while management said geopolitical uncertainty and currency headwinds remain key risks for the rest of the year. Chief Executive Roland Busch said Siemens continued

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

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

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.