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The Latest Breaking News on Business

Stanley Druckenmiller Dumps Alphabet After Boosting Stake 277% Last Quarter — Here's What He's Buying Now

Stanley Druckenmiller's Duquesne Family Office sold its entire Alphabet stake in Q1 despite impressive returns amid concerns over AI competition and regulatory pressures.

International Business Times UK

Fidelity to pay out $2.5M in new settlement: Check now if you qualify for a payout of up to $5,000

This week Fidelity agreed to pay out $2.5 million in a settlement over a 2024 data breach. Here's how to check if you qualify.

Tom’s Guide

OpenAI paid $100 million for a talk show. James Murdoch is eyeing an even bigger deal. The hot new asset class is humanity

The biggest deals in media in the dawning age of AI now aren't content acquisitions, but bets on something innately human.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Nvidia CEO Jensen Huang calls out US push to ban AI chip exports to China, says it is “completely ridiculous”

Nvidia CEO Jensen Huang calls a total ban on AI chip exports to China 'ridiculous'. He believes such restrictions would push China to build its own technology, ultimately harming US leadership. Huang argues American companies should compete globally. He suggests China can still advance AI using existing resources and older…

The Economic Times

US Stock Market: Sticky inflation complicates Kevin Warsh’s Fed transition as rate hike odds jump

Sticky inflation has pushed investors to raise bets on a potential U.S. Federal Reserve rate hike, creating early challenges for incoming Fed Chair Kevin Warsh. With markets pricing in higher odds of tightening by January, shifting economic data and rising price pressures, risk complicating the Fed’s policy transition, Reuters reported.

The Economic Times

Spirit Airlines collapse sparks fears for future of cheap flights and budget carriers

Spirit’s demise is not the only challenge travelers face a week before the launch of summer travel

The Independent UK

Oil Price Today (May 18): Crude oil above $110 again as Iran war tensions deepen. Where is liquid gold headed?

Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing military actions. Drone attacks on the UAE and Saudi Arabia increased fears of wider conflict. The Strait of Hormuz remains a key concern for global oil and…

The Economic Times

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Dear Dell Stock Fans, Mark Your Calendars for May 28

Dell Technologies is set to report fiscal Q1 2027 earnings toward month's end, coming off record revenue of $33.4 billion. Investors will be watching.

Barchart

‘Girl Did You Sign This?’: Woman’s Lease Is About To Expire. Then She Finds Out The Bank Can Force Her To Pay Thousands More

A New York City woman who just finished 36 monthly payments on a Jeep lease says the bank told her she could still owe thousands of dollars after she hands back the keys. The bank explained that it would send the vehicle to auction after her lease expires, and if…

Motor1

Disney’s Next Battle Won’t Be Against Netflix

Watch as Disney aims for something bigger than streaming dominance.

Barchart

Man places a bulk order for pool noodles, then Walmart’s shipment came and left him flabbergasted: ‘That driver is so happy’

“That is such a massive waste of resources.”

We Got This Covered

Cisco Systems Reported Lower FCF and Margins - Has CSCO Stock Peaked?

Cisco Systems' free cash flow fell vs last year, as did its FCF margins. However, its fair value could be 16% higher based on higher revenue forecasts. One play is to sell short out-of-the-money puts and calls.

Barchart

GE HealthCare Technologies Sticks to Growth Story After Inflation-Driven Guidance Cut

GE HealthCare Technologies (NASDAQ:GEHC) executives said the company remains confident in its long-term growth prospects despite a disappointing first quarter that led to a reduction in full-year guidance, citing inflationary cost pressures as the primary near-term challenge. Speaking at a Bank of

MarketBeat

Corporate work perks are getting yanked away

First it was the return to the office. Now it's benefits that we came to expect.

Axios

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Fortune

We watched social media concentrate. The same thing is happening in AI, only at a deeper layer

We watched Snap lose to Meta's platform dominance and see the same pattern repeating in AI—only this time, the stakes aren't market share.

Barchart

Ford’s EV Pivot Was Disastrous. Now It’s Trying to Compete with Tesla on Energy Storage.

Ford, which failed to meet its ambitious EV targets, is now betting on the energy storage business. Can the company compete with Tesla there?

The Independent UK

Potential sponsor of Sean Duffy’s controversial ‘road trip’ reality TV show pulled out over ethical concerns, report says

The Great American Road Trip, which stars the transportation secretary and his family, will premiere next month

Barchart

Dell Stock Just Had Its Best Week Since 2024. The Odds of Another Surge Are High.

Shares of Dell just logged their strongest weekly gain in over two years. With AI server demand surging, investors are now asking whether the rally still has room to run.

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news in one place.

100's of premium titles.
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Barchart

Wix.com Stock Is the Latest Victim of the AI Trade as Shares Plunge Nearly 30%

Wix's shares experienced a steep slide as the company faces mounting AI pressure and shifting market dynamics.

MarketBeat

Sagicor Financial Q1 Earnings Call Highlights

Sagicor Financial (TSE:SFC) reported softer first-quarter 2026 core earnings as adverse mortality experience in North America and market-related losses weighed on results, though management said it continues to view the company’s underlying return profile as intact. On the company’s earnings call,

MarketBeat

Quebecor Q1 Earnings Call Highlights

Quebecor (TSE:QBR.A) reported higher first-quarter revenue, earnings and cash flow as wireless growth and improving wireline trends helped offset continued pressure in its media operations, executives said on the company’s 2026 first-quarter earnings call. President and CEO Pierre Karl Péladeau sai

Saving Advice

Avoid These 7 Everyday Habits That Could Trigger Higher Insurance Premiums — Experts Warn

Insurance costs are climbing across the country, and many Americans are shocked to discover that everyday habits can quietly push premiums even higher. While inflation,...

The Economic Times

Trump-Xi summit yields trade breakthrough as US, China agree to cut levies

China and the United States have agreed to reduce tariffs on certain goods. This move aims to boost trade between the two nations, particularly in agriculture. Both sides will also work on other trade issues. Details are still being negotiated. This development follows a summit between leaders Xi Jinping and…

Everybody Loves Your Money

How Much Is One Million Dollars Really Worth in 2026?

One million dollars still carries serious bragging rights, but the emotional punch no longer matches financial reality in America. In the 1980s and 1990s, people pictured mansions, luxury cars, and permanent vacations whenever someone mentioned becoming a millionaire. Today, that same number often buys a modest house in a major…

The Economic Times

Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?

Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.

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Stanley Druckenmiller

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