US stocks climbed on news of a peace deal between the US and Iran to reopen the Strait of Hormuz and end hostilities, with the S&P 500, Nasdaq 100, and Russell 2000 all rising. Technology and travel s…
Fox agreed to acquire Roku in a $22 billion cash-and-stock deal, valuing Roku at $160 per share. The merger aims to combine Fox's live content with Roku's streaming platform, expanding Fox's digital f…
The crypto market surged $83.2 billion in 24 hours, led by Zcash and Worldcoin jumping over 22%, as improved sentiment from easing Iran conflict and the CLARITY Act boosted altcoins including Ethereum…
Anthropic disabled access to its Claude Fable 5 and Claude Mythos 5 models worldwide after the Trump administration ordered the company to bar foreign nationals from using them, citing national securi…
Nvidia plans to raise at least $20 billion in its first bond sale since 2021, with maturities ranging from 2 to 30 years, according to Bloomberg. The chipmaker, now the world's most valuable company, …
Bitcoin nearly hit $64,000 on Friday, and analysts predict a more favorable second half of 2026, citing potential catalysts such as a US-Iran peace deal and mega IPOs. Standard Chartered's Geoff Kendr…
US employers announced 97,006 job cuts in May, the highest total for the month since 2020, with artificial intelligence cited as the top reason for layoffs for the third consecutive month. AI was blam…
Adobe reported fiscal Q2 2026 revenue of $6.62 billion and adjusted earnings per share of $5.96, exceeding analyst estimates of $6.45 billion and $5.82 respectively. The company announced CFO Dan Durn…
Anthropic released Claude Fable 5 and Claude Mythos 5, a pair of advanced AI models with enhanced safeguards, and published a system card detailing their training and testing. During evaluations, the …
Intel shares surged 5.2% after Bank of America issued a double rating upgrade, raising Intel to "buy" from "underperform" and boosting its price target to $135 from $96. Analyst Vivek Arya cited Intel…
Oracle introduced new financial metrics, including "net cash outlay for capital expenditures," to address investor concerns about its rising debt and capital spending tied to AI infrastructure. The co…
Shares of Chinese e-commerce companies including JD.com and PDD Holdings fell after Beijing regulators summoned major platforms to criticize misleading advertising and unclear promotion rules tied to …
Google slashed its AI Plus subscription from $7.99 to $4.99 per month, while OpenAI and Anthropic are reportedly preparing drastic price cuts on enterprise token pricing to defend market share. The mo…
Oracle reported fiscal fourth-quarter earnings that beat analyst expectations, with revenue of $19.2 billion and adjusted earnings per share of $2.11, while also announcing plans to raise $40 billion …
Bank of America double-upgraded Intel to "buy" from "underperform," raising its price target to $135 per share, citing the company's opportunity to address industry constraints in leading-edge wafers …
The S&P 500 snapped a nine-week winning streak and the Nasdaq 100 suffered its worst day since April 2025 after a stronger-than-expected May jobs report sent yields spiking and slashed the implied odd…
Meta is seeking to raise "tens of billions of dollars" in new capital to fund its artificial intelligence initiatives, according to a Financial Times report. The fundraising effort comes just days aft…
Nintendo's Switch 2 has become the fastest-selling console in history with 19.9 million units moved in its first year, but industry headwinds including tariffs, rising memory costs, and ballooning gam…
Technology stocks fell sharply Friday as a stronger-than-expected jobs report pushed bond yields higher, reducing the likelihood of near-term interest rate cuts and weighing on high-valuation momentum…
Meta is shifting its business model to aggressively pursue subscription revenue, launching paid plans across its apps and AI services to help fund a projected $145 billion AI capital expenditure budge…