Financial News

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.

Fugees star Wyclef Jean appreciates how AI is shaping music but says it can't match the human soul.

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

Google's investment includes a new data center in New Florence.

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...

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

The GS1 US Board of Governors has elected three new members to join the GS1 US Board: Senthil Subramanian, principal engineer and area technical lead, Google; Steven Chyung, senior vice president, chief supply chain and procurement officer, Kaiser Permanente; and Omar A. Tovar, chief logistics officer, Urban Outfitters, Inc. (URBN).

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.

GlobalFoundries launches Quantum Technology Solutions to scale U.S. manufacturing, backed by a $375M U.S. Commerce Dept award.

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.

Houston, TX, May 21, 2026 (GLOBE NEWSWIRE) -- Giga Energy today announced that Angad Sandhu has joined the company as Chief Technology Officer. Sandhu brings experience from both Tesla and Google, where he helped lead large-scale manufacturing and data center infrastructure projects during a period of rapid growth in AI and cloud computing. Angad Sandhu, Chief Technology Officer at Giga Energy “We could not be more excited to have Angad on our team,” said Matt Lohstroh, CEO of Giga Energy. “Not

Q2 revenue jumps to $10.9 billion while operating profit reaches $559 million amid rapid scaling and heavy compute commitments

As Big Tech and a whole cohort of new-generation AI start-ups race towards artificial general intelligence (AGI), elite researchers and engineering leaders have become the equivalent of franchise athletes.View on euronews

OrcaRouter, the zero-markup adaptive LLM routing platform built by Continuum AI, today announced the availability of Google AI's Gemini 3.5 Flash API on its unified routing infrastructure.

Artificial intelligence has become the new arms race for Big Tech, but the battle is no longer just about who has the smartest chatbot. It is increasingly about who controls the hardware underneath it. That matters because AI models are expensive to train, power-hungry to run, and dependent on scarce semiconductor supply. So the question ... Google Reveals Plan to Dominate AI: Copy Apple

Heitz Brings 25+ Years of Enterprise Business Development Leadership and a Proven Record of Closing Large-Scale Data Center Transactions Appointment Strengthens Commercial Organization as BlockchAIn Scales Capacity Leasing and Customer Engagement NEW YORK, May 21, 2026 (GLOBE NEWSWIRE) -- BlockchAIn Digital Infrastructure, Inc. (NYSE American: AIB) today announced the appointment of Gary Heitz as Vice President of Sales, effective May 21, 2026. In his new role, Mr. Heitz will lead BlockchAIn’s b

The milestone adds a layer that brings a publicly accessible experimental surface-code dataset from Google Quantum AI, Tel Aviv, Israel, May 21, 2026 (GLOBE NEWSWIRE) -- Quantum X Labs Inc. (Nasdaq: QXL) (“Quantum X” or the “Company”), an advanced technologies company, today announces that its sublicensee,30%-owned subsidiary, has successfully delivered a working integration layer that brings a publicly accessible experimental surface-code dataset from Google Quantum AI, into its Error Correctio

AI capex is draining Big Tech cash flows (Apple excepted) and boosting hidden lease risks.

In today's energy landscape, many utility companies have quietly become growth stories — and DTE Energy stock is no exception.

(Bloomberg) -- The new artificial intelligence enterprise services firm backed by Blackstone Inc., Anthropic PBC and Hellman & Friedman has picked a San Francisco firm called Fractional AI as the operational centerpiece of the as-yet unnamed venture. 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 Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs Du

The iShares MSCI Europe Financials ETF (EUFN) targets leading European banks and insurers, providing focused sector access through a diversified portfolio.

Our Intel (NASDAQ:INTC) call sits squarely against the recent rally. The 24/7 Wall St. price target for Intel is $101.40, modestly below where shares trade today. After a 399.4% one-year run, much of the rerating already appears priced in. Our proprietary model rates this a hold with high conviction. 24/7 Wall St. Price Target ... Buy, Sell or Hold Intel At $110

Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: 70% of Berkshire’s $381 billion portfolio is invested in just ... Berkshire Hathaway Sold 16 Stocks in Q1 but Warren Buffett and Greg Abel Still Have 70% in Just 7 Stocks

https://www.axios.com/2026/05/21/white-house-postpones-ai-eo-signing

Founded five years ago, Exa has developed a search engine aimed at providing comprehensive information retrieval for AI applications.

(Updates with YouTube and TikTok's responses in the fifth and sixth paragraphs, respectively.) Al

Fed meeting minutes show officials won’t rule out rate hikes, Target’s turnaround is underway, OpenAI prepping IPO filing, and more news to start your day.

Ehrenp ent Tesla SpaceX reviewed his Tesla ties reis Director investor before ​determining he met Nasdaq since and independence standards. February director Expected to ‌chair SpaceX's 2026 Compensation and Nominating Committee post-IPO. Randy Independ Co-found Served as a SpaceX board observer Glein ent er of for more than 16 years before Director DFJ formally joining the board.

Alphabet (GOOG) downgraded to Hold: AI rerating looks priced in, valuation is stretched, and upside hinges on flawless execution. Read the full analysis here.

Recent commencement speakers including Google's Eric Schmidt have been booed for praising AI and encouraging students to use it as they embark on their careers.