Apple earnings add fuel to tech-driven rally; Oil trades lower
Month: May 2026
Mark Zuckerberg Blames Slower Sales on War, Layoffs on AI Costs in Meeting
In an internal Q&A with employees, Meta’s CEO said the company will shrink teams and develop…
Cboe Is Slashing 20% of Its Staff in Bid to Focus on Core Businesses
The derivatives exchange will also tighten its work-from-home policies and offer voluntary-retirement packages to older employees.
AI Investor Coatue Joins Data-Center Frenzy With New Venture to Buy Land
Philippe Laffont’s firm has launched Next Frontier, whose facilities will be meant for AI companies including…
Let’s Bring Back the Spontaneous Phone Call
Americans are on their phones all the time and send trillions of text messages every year.…
Top AI Companies Agree to Pentagon Deals for Classified Work
The contracts give the Defense Department more AI options after it declared Anthropic a supply-chain risk.
Robotaxis Are Rolling Out Across America
Plus, the race to develop new hair-regrowth drugs and how Chinese humanoid robots are taking over.
ChatGPT Became So Obsessed With Goblins That OpenAI Had to Intervene
The company says attempts to make a ‘nerdy’ personality for the bot led to odd word…
The Minneapolis Fed president wrote that heightened inflation risks from the Iran war led him to object to the Fed’s policy statement this week that implied the central bank’s next move is likely to be a rate cut
Neel Kashkari wrote Friday that the central bank should signal that its next rate change could…
Canada Manufacturing Activity Picks Up
Canadian manufacturing activity recovered last month, with data pointing to increases in production and purchasing as…