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Salesforce defends simulated Agentforce AI demos, amid 2026 SaaS sector downturn
Salesforce faces scrutiny after reports revealed that Agentforce promotional videos showcased capabilities not yet available to customers. Demonstrations for...
Woodside Energy Group Ltd Q1 2026 Earnings Preview: What Analysts Expect on May 25, 2026
Analysts anticipate Woodside Energy to report Q1 revenue of approximately $3.06 billion and an EPS of $0.69, while the current stock price of $22.60 suggests...
Anthropic and OpenAI capture 89% of revenue, as Anthropic overtakes OpenAI
OpenAI and Anthropic now capture 89% of annualized revenue among top AI startups. This group includes 34 leading companies in the sector. Their combined...
ASML launches High-NA chip systems, driven by surging AI demand
ASML will ship the first semiconductors produced with its next-generation High-Numerical Aperture (High-NA) EUV systems within months. CEO Christophe Fouquet...
Pershing Square buys $2.1 billion Microsoft stake, citing compelling valuation
Bill Ackman’s Pershing Square Capital Management acquired 5.65 million shares of Microsoft during the first quarter of 2026. The investment is valued at...
MicroStrategy faces Schiff’s Ponzi claims, citing 30% Bitcoin growth needs
Financial commentator Peter Schiff renewed his criticism of MicroStrategy on May 23, 2026. He claims the company’s Bitcoin strategy produced a negative total...
ALOY Signs 15-Year Offtake Agreement to Source Rare Earths from Greenland Project
REalloys Inc. (ALOY) has entered into a 15-year Rare Earth Product Offtake Agreement with Critical Metals Corp, securing a supply of rare earth element...
Dell scales AI Factory to 5,000 clients, driving on-premise AI growth
Dell Technologies announced at its Dell Technologies World conference that its AI Factory product line surpassed 5,000 clients. The company added 1,000 new...
MP Materials upgraded to strong-buy, boosting bullish Wall Street outlook
Barclays upgraded MP Materials Corp. (NYSE: MP) to a strong-buy rating. This action signals significant confidence from the prominent financial services...
ICE and OKX launch perpetual oil futures, bridging crypto and energy markets
Intercontinental Exchange Inc. (ICE) partnered with crypto exchange OKX to launch perpetual futures for Brent and West Texas Intermediate (WTI) crude oil....
Delivery Hero Confirms €33 Uber Takeover Bid Amid Rival DoorDash Interest
Delivery Hero confirmed an indicative takeover proposal from Uber Technologies Inc. at €33 per share. Uber recently increased its stake in the German food...
Musk spends $3 billion on gas for AI, targeting space-based solar
Elon Musk is investing in natural gas to meet the energy requirements of xAI supercomputing data centers. A recent SpaceX IPO filing revealed nearly $3...
Pfizer and Partners Receive Positive EU CHMP Opinion for PADCEV Combination
The European Medicines Agency's Committee for Medicinal Products for Human Use recommended approving PADCEV in combination with Merck's Keytruda. The regimen...
BlackRock Partners with IFC for $750 Million Southeast Asia Climate Fund
BlackRock is expanding its Southeast Asian green energy footprint through the Emerging Asia Infrastructure Credit Fund. The blended finance debt vehicle...
Super Micro's Protracted Internal Control Repairs Draw Expert Scrutiny
Accounting experts are increasing scrutiny on Super Micro Computer. The company's efforts to resolve material weaknesses in its internal financial controls...
Delaware Court Upholds $170M Patent Verdict Against GoDaddy
A Delaware federal district court upheld a $170 million patent infringement verdict against GoDaddy Inc. The dispute with Express Mobile Inc. involves...
Costco Stock Slides Ahead of Q3 Earnings Amid Retail Sector Jitters
Costco Wholesale Corp. (COST) shares fell over 4% late this week. The stock closed Friday at $1,028.24. This decline precedes Costco's Q3 fiscal 2026...
Circle Faces New Regulatory Compliance Standards Under Proposed FDIC Stablecoin Rule
The FDIC approved a proposed rule on May 22, 2026. This rule implements Bank Secrecy Act and sanctions compliance standards for permitted payment stablecoin...
Gavin Newsom Urges California Drivers to Avoid Chevron Over High Gas Prices
California Governor Gavin Newsom urged drivers to avoid Chevron stations over Memorial Day weekend. Newsom accused the oil company of price-gouging. Newsom's...
CoreWeave CEO Michael Intrator Discloses $30.2 Million Insider Stock Sale
CoreWeave, Inc. (NASDAQ: CRWV) Chief Executive Officer Michael N. Intrator sold 307,692 shares of Class A common stock. The transaction totaled approximately...