Latest News
Nvidia Gains as Google Unveils TPU 8 Chips, Backs Vera Rubin Platform
Nvidia shares climbed 1.3% premarket after Google unveiled its TPU 8 chips and committed to offering Nvidia's Vera Rubin NVL72 platform, with SK Hynix reporting surging AI memory demand.
Microsoft Stock Dips on Record $18B Australian AI Deal Amid Sector Selloff
Microsoft shares dropped about 2% in premarket trading after unveiling a record A$25 billion ($17.9 billion) AI investment in Australia, as tech stocks broadly declined on growth concerns from IBM and ServiceNow.
US Mortgage Rates Slip to 6.30%, Sparking Spring Buyer Surge; Bay Area Prices Top $2M
Mortgage rates dropped to 6.30%, boosting purchase applications 10% and pending home sales 1.5%. Bay Area prices stay above $2 million.
Comcast Revamps Xfinity Mobile with Simplified Pricing and Device Protection
Comcast introduces streamlined Xfinity Mobile plans with flat per-line pricing, ending multiline discounts, and adding device protection to the premium tier amid record wireless growth.
Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.
Intel Q1 Earnings: AI CPU Optimism Faces Reality Test After 78% Stock Rally
Intel reports Q1 earnings Thursday after a 70% stock surge. Analysts see revenue slipping 1.9% and adjusted profit falling nearly 90%, with AI CPU hopes facing supply and demand realities.
Super Micro Faces May 26 Deadline as Legal and Regulatory Woes Loom
Super Micro Computer faces a May 26 lead plaintiff deadline in a securities lawsuit over undisclosed China sales and export-control lapses. The stock rose 2.7% but remains under pressure from criminal charges and regulatory uncertainty.
Brent Crude Surpasses $103 as Iran Tensions Escalate and U.S. Inventories Tighten
Brent crude climbed above $103 as U.S.-Iran talks stalled and Iran seized ships in the Strait of Hormuz. U.S. fuel inventories dropped sharply, and exports set a record.
Heineken's Q1 Revenue Tops Estimates, Beer Volume Slips
Heineken's Q1 revenue beat estimates, but beer volumes fell 0.8% and shares dropped. The brewer kept its 2026 profit outlook amid mixed regional performance.
Tesla Beats Q1 Profit Forecasts, But Heavy Spending Plans Raise Concerns
Tesla beat profit estimates in Q1 with $22.4B revenue, but warned free cash flow will likely turn negative for the rest of 2026 as it ramps up spending on robotaxis and AI.
Gold Steadies Above $4,700 as Dollar Strength, Easing Iran Tensions Cap Gains Ahead of Fed
Gold holds near $4,700 as a stronger dollar and easing Iran tensions cap gains. Traders await US data and the Fed's April 28-29 meeting.