Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
Meta to start testing AI subscription services, with cheapest plan at $7.99 a month
Meta confirmed Wednesday that it will begin testing two subscription plans for its AI offerings.
Zscaler tanks 31% for worst day ever on 'prudent' guidance, sales shakeup
Zscaler has shed half its value over the last year.
Amazon's top health exec is stepping down, will be replaced by Amwell co-founder
The company is tapping Dr. Roy Schoenberg, a cofounder of telemedicine provider Amwell, to replace Lindsay.
White House eyes CFTC proposal for regulating prediction markets
The CFTC has argued it has exclusive authority to regulate the growing prediction market sector rather than state-by-state regulation.
Traders are skeptical of Iran timeline for Strait of Hormuz reopening
Despite reports Iran could return the passageway to normal traffic flows within a month of a peace deal, Kalshi traders thought that was unlikely.
Oil prices fall more than 5% after Rubio says U.S. will give Iran talks 'every chance to succeed'
U.S. crude oil prices trim losses as traders assess whether U.S. is nearing a deal with Iran that would restore traffic in the Strait of Hormuz.
Low-income households face ‘remarkable’ rise in food insecurity in K-shaped economy: New York Fed
The rising threat of food insecurity is partly why Americans feel worse off than ever before, according to research by the Federal Reserve Bank of New York.
Mortgage refinance demand drops 18% as rates hit highest level since August
Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.
Republicans stare down inflation abyss with midterms fast approaching
Republicans are struggling to find a clear message to battle high prices as President Trump pushes for funding for a White House ballroom.
Analysis: What Stephen Miller gets wrong about debt, deficits and immigration
The White House immigration hawk and deputy chief of staff is pointing the finger in the wrong direction when assigning blame for the federal budget deficit.
Trump opposes Russia or China taking Iran's highly enriched uranium
Trump also said the Strait of Hormuz, the vital oil-shipping route, is "going to be open to everybody."
After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice
Lamborghini CEO said the automaker's decision to kill its EV to focus on plug-in hybrid electric vehicles was "the right way to go" for his company.
Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout'
A $20 billion deal would be among the largest in JPMorgan's history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.
Bears load up bets against small-cap stocks ahead of economic data releases
Despite a 40% rally the past year – compared to 27% in the S&P 500 and 39% in the Nasdaq-100 – options traders look the most bearish on the Russell 2000.
Here’s our monthly update on all 33 portfolio stocks, including 4 to buy right now
AI stocks aren't the only place to put money to work, Jim Cramer said at the Investing Club's May Monthly Meeting.
Alabama asks Supreme Court to allow congressional map that dilutes Black vote
A three-judge panel in Birmingham, Alabama, found that the state's proposed map of House districts was 'intentionally discriminatory."
Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month
Boeing CEO Kelly Ortberg said the company has met FAA requirements to ramp up its production of 737 Max aircraft to 47 per month.
Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales
Abercrombie & Fitch saw sales in Europe, Middle East and Africa decline by 10%, thanks in large part to the conflict in the Middle East.
Russia just passed a law allowing its central bank to down drones
Russia's State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems after attacks on its territory.
UK spy chief: Time is running out for the West to confront threats from Russia and China
Britain and its allies face a “moment of consequence,” according to the head of its intelligence agency.
Amazon starts selling its AI shopping technology to other retailers
Amazon said it's already signed up Kate Spade as a customer for its AI shopping technology.
Healthy Returns: Eli Lilly makes a new push into vaccines — here’s what to know
The drugmaker announced it will buy three privately held vaccine makers in deals worth almost $4 billion combined.
Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too
The new products allow customers to create AI assistants capable of carrying out investing strategies or spending instructions with minimal human involvement.