Financial News

We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Cisco Systems (NASDAQ:CSCO) ranks #5 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1.5% Cisco benefits from the AI buildout because of its relevance to the networking and connectivity layer […]

(Bloomberg) -- The biggest tech companies are borrowing more than expected to fund their spending on data centers and other artificial intelligence infrastructure, and the investment-grade bond market won’t be able to accommodate all of their financing needs.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Pe

Genesis AI, a global full-stack robotics company, today announced the appointments of two senior leaders as the company rapidly expands its talent pool and accelerates toward the introduction of its first general-purpose robot. Damien Kieran, who was formerly Chief Legal and Privacy Officer at Sam Altman's Tools for Humanity and Chief Privacy Officer and Deputy General Counsel at X, joins as Head of Legal. Pally Kumar has been appointed Head of Operations, and has leadership experience in roboti

All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued

The Claude-maker is exploring Microsoft’s in-house silicon as it looks to expand computing capacity beyond Nvidia.

Among the long list of investments President Trump listed in a filing is Kura Sushi. The president invested $1 million-$5 million in the sushi chain.

The Second Circuit Court of Appeals affirmed the ruling on 20 May 2026, supporting a lower court decision that struck out the qui tam case brought by relators Mike Henig and Henig Furs under the False Claims Act.

Amazon (AMZN) outlook: AWS AI demand, $364B backlog, OpenAI/Anthropic deals, and $200B capex could drive upside. Read the full analysis here.

https://www.theinformation.com/articles/openai-held-1-billion-revenue-lead-anthropic-first-quarter

Walmart (WMT) is in focus on Thursday after the chain retailer's adjusted earnings ($0.66 per share) and revenue ($177.8 billion) came in line with Wall Street estimates. The stock is dropping after maintaining its full-year outlook and reporting a 4.1% increase in US same-store sales. Yahoo Finance Executive Editor Brian Sozzi leads a panel discussion with Senior Markets Reporter Ines Ferré, Markets and Data Editor Jared Blikre, and Freedom Capital Markets managing director Paul Meeks over whether Walmart should be worried about pressured consumers and the store's second quarter outlook.

Amazon (NASDAQ:AMZN) is starting to look like a real frontrunner in physical AI. Now, it’s no mystery that Amazon has been putting robots to work at its warehouse, behind the scenes, to help out humans with all those packages. But until you’ve seen the robots at work, it’s difficult to even begin to fathom what ... Amazon Has Over 1.56 Million Workers and 1 Million Robots. A Historic Robot vs. Human Contest Dropped a Hint on What Might Come Next.

Health care costs for couples in retirement could reach up to $500,000 even with Medicare, according to the Employee Benefit Research Institute. Couples with high prescription costs may need $469,000 saved up to have a 90% chance of covering health...

US manufacturing PMI hit a 48-month high in May. But it's AI infrastructure capex, not Trump's tariffs, driving the reshoring boom.

Imagine looking at your retirement account and seeing that your money is helping build a city on Mars. That scenario is no longer science fiction. SpaceX has officially filed its S-1 paperwork to go public, opening its doors to Wall Street and retail investors alike. An S-1 is a formal document a company must file ... Wall Street is About to Fund the First City on Mars. Here are the Craziest Details from the SpaceX S-1.

New ethics filings reveal a portfolio concentrated in the exact companies shaping his administration's biggest deals.

https://www.bloomberg.com/news/articles/2026-05-21/pentagon-tests-rival-ai-models-in-race-to-replace-anthropic

(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to L

Two of the most-watched political traders in America, on opposite ends of the spectrum, just bought the same stock. Nancy Pelosi disclosed a Vistra (NYSE:VST) stock purchase tied to a January 16 options exercise executed by her husband, Paul Pelosi. Furthermore, recently released financial disclosures indicate that President Donald Trump bought Vistra shares on February ... Donald Trump and Nancy Pelosi Both Recently Bought the Same Underfollowed Stock. It Could Be a Massive AI Winner.

Japan-listed Kura Sushi stock gained as much as 5.4% after disclosures showed Trump bought between $1 million and $5 million in Kura Sushi USA shares

NVDA topped Q1 fiscal 2027 estimates, boosted guidance, and expanded AI ambitions beyond GPUs with its new Vera Rubin AI superchip.

A Reddit user questioned why $1 million is increasingly viewed as inadequate for retirement. "$1 million in liquid assets is still a lot of money," the original poster wrote on the r/MiddleClassFinance subreddit. "Why do people make it sound like...

Delta Air Lines selected Amazon Leo as its in-flight Wi-Fi provider instead of SpaceX's Starlink. CEO Ed Bastian publicly backed the decision after Elon Musk criticized the move. The Amazon partnership focuses on cost-effective, feature-rich connectivity to support in-flight services and loyalty programs. For investors watching NYSE:DAL, this decision sits alongside a share price of $74.12 and a value score of 4. The stock has delivered a 7.3% return year to date and is up 55.4% over the...

The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) has 63 holdings, which sounds diversified until you check the weights. Five names carry almost 46% of the fund. The MGK pitch is straightforward exposure to U.S. mega-cap growth, and the math has worked. MGK returned 28% over the past year against 25% for the S&P 500. The ... MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains

Anthropic is in talks to rent servers powered by Microsoft-designed chips to meet rising demand for its AI services, The ‌Information reported on Thursday, in what would be a major boost ‌for the tech giant's in-house chip efforts. The Claude creator's talks to rent the chips are still ​early and may not lead to an agreement, the report said, citing two people who spoke to executives involved in the discussions. Microsoft and Anthropic did not immediately respond to Reuters requests for comment.

In recent days, United Parcel Service (UPS) has moved ahead with its plan to sharply reduce Amazon delivery volumes while reaffirming its 2026 financial targets after reporting Q1 2026 revenue of US$21.20 billion and operating profit of US$1.27 billion. This shift away from Amazon, combined with growing small and medium-sized business and healthcare volumes, marks a meaningful pivot toward higher-margin, more specialized delivery work within UPS’s global network. We’ll now examine how UPS’s...

AT&T Inc. (NYSE:T) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Inquiring about the stock, a caller asked if it is a “good time,” and Cramer replied: No, I don’t want to be in AT&T, and I’ll tell you, I also am very concerned about rural. […]

One of the best ways to gauge how badly Target (NYSE: TGT) has been beaten down by competitors is to look at the five-year performance of the company and its competitors, Walmart and Costco (NASDAQ: COST). Over the period, Target’s stock has been down 45%. Walmart’s (NYSE: WMT) is 131% higher. Costco is up 180%. ... Target Badly Crippled By Competition

The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in ‌the oil markets that has clouded the economic growth outlook. Nvidia rounded out the results from the so-called ‌Magnificent Seven that includes Alphabet, Apple, Microsoft, Amazon.com, Meta Platforms and Tesla. Revenue ​growth at the Magnificent Seven remains highly uneven, with Nvidia's blistering pace helping maintain its dominant lead.

F.A.S.T. Haircare, the first clinically proven hair growth brand shown to accelerate hair growth up to 99% in a 12-week study*, builds upon its national retail footprint in JCPenney, CVS, and Amazon, with an upcoming rollout to Sally Beauty in June 2026, followed by H-E-B in August 2026.

Amazon's founder says AI will enhance productivity and create long-term economic benefits.