Micron Tops $1 Trillion Market Cap as AI Memory Demand Outruns Supply

SpaceX Scales Back IPO Valuation Target to $1.8 Trillion as June 12 Nasdaq Debut Approaches

SpaceX has quietly cut its IPO valuation target to at least $1.8 trillion, down from an earlier goal…

5h ago

Markets

Stocks, indices, and the macro tape

Anthropic Closes $65 Billion Series H at $965 Billion Valuation, Eclipsing OpenAI as the World’s Most Valuable AI Startup

The AI valuation race just flipped. Anthropic closed a $65 billion Series H round…

Cracked golden price tag with Gap and Old Navy logos and a red minus 14 percent indicator on dark navy background

Gap Stock Drops 14% After Old Navy Stumbles on Dresses and the Retailer Slashes Full-Year Sales Guidance

Gap Inc. just reminded Wall Street that even the best turnaround stories have fragile…

Markets

Samsung Ships First HBM4E Memory Chips, Seizing the Lead in AI’s Most Critical Supply Chain Race

Samsung Electronics just fired the starting gun on the next phase of the AI…

Bitcoin Drops Below $73K as Stocks Hit Records: Why Crypto Is Diverging

Bitcoin slid below $73K and Ethereum near $1,986 even as US stocks hit records,…

By Scott Allan · 2d ago

Artificial Intelligence

The race to build — and regulate — intelligent machines

Dell Stock Surges 40% on $16B AI Server Boom, Raises 2027 Guidance to $167B

Dell stock soared 40% after AI server revenue jumped 757% to $16.1B and the company raised fiscal 2027 guidance to about $167B. The margin question remains.

By Scott Allan · 2d ago

Technology

Product, platform, and the shape of the Internet

DuckDuckGo Installs Surge 30% as Users Flee Google’s AI Search Overhaul

Google spent years building the most dominant search franchise in technology history. It took…

Aviation

FAA Grounds SpaceX Starship After V3 Booster Failure, Weeks Before Its IPO

The FAA grounded SpaceX's Starship and ordered a mishap probe after the V3 booster…

By Scott Allan · 3d ago

Dropbox Hands Off to Co-CEO Ashraf Alkarmi as Founder Drew Houston Steps Back

Dropbox named Ashraf Alkarmi co-CEO as founder Drew Houston steps back after 19 years.…

By Scott Allan · 4d ago

Uber’s $11.5 Billion Move on Delivery Hero Redraws the Global Food-Delivery Map

Uber's 33-euro bid for Delivery Hero, built on a 19.5% stake, sets up a…

By Scott Allan · 5d ago

Google I/O 2026 Live: Gemini Omni, Googlebooks Laptops, And Android XR Glasses Land In Make-Or-Break Keynote For $190 Billion AI Bet

Sundar Pichai takes the I/O stage at 10 a.m. PT with the heaviest deliverable…

By Scott Allan · May 19

Versus composite contrasting Anthropic's rising enterprise share against OpenAI's declining share with logos, dueling line charts and floating data panels

Anthropic Just Passed OpenAI In Enterprise AI Adoption: How Claude Code Quietly Flipped The Business Market And Cracked The OpenAI IPO Story

Ramp's April AI Index says Anthropic now sits at 34.4% of businesses to OpenAI's…

By Scott Allan · May 16

Business

Deals, earnings, and corporate strategy

Costco Q3 Sales Hit Record $69B as Value Shoppers Drive 9.8% Comp Growth

Costco posted a record Q3 with net sales up 11.6% to $69.15B, comps up 9.8%, and a 89.7% renewal rate. The value trade-down is powering the warehouse model.

By Scott Allan · 2d ago

Live Now

Streaming markets and news, on air 24/7.

Charts

Our Bitcoin Live Chart Gets Major Upgrade: Learn How To Read the Indicators

The Tape

Every major index, currency, commodity, and the 20 biggest cryptos — all on one page.

Open the Tape →

Opinion & Analysis

Arguments, essays, and deep dives

Scott Allan Opinion

Consumer Confidence Hits the Tape as Record Stocks Collide With Record-Low Sentiment

The Conference Board's May read lands as record-high stocks collide with record-low consumer sentiment, the widest gap between Wall Street and households yet.

Scott Allan Opinion

The Mandalorian And Grogu Box Office: Disney’s $80 Million Tracking Star Wars Reboot Is A Make-Or-Break Test For The Franchise

Scott Allan Opinion

Anthropic Hits #1 On CNBC Disruptor 50, Knocks Out OpenAI: How An $30 Billion Run Rate And $900 Billion Valuation Reset The AI Pecking Order

Crypto

Digital assets, tokenization, and the on-chain economy

Polymarket and Kalshi logos behind a red no-entry prohibition circle, with a Spanish flag and a gavel, signaling a regulatory block of the prediction-market platforms

Crypto

Spain Blocks Polymarket and Kalshi as Prediction Markets Face a Gambling Reckoning

Spain ordered ISPs to block Polymarket and Kalshi over missing gambling licenses, joining Brazil as prediction markets face a global regulatory reckoning.

4d ago

01
Analysis Bitcoin Crashes Below $77,000 As Bond Yields Hit 19-Year High: Inside The $657 Million Liquidation Cascade Reshaping Crypto
May 19
02
Breaking News Senate CLARITY Act Vote Today: Why The First Crypto Market Structure Markup Could Reshape Bitcoin And $15 Billion In ETF Flows
May 14
03
Markets Bitcoin Reclaims $80,000 As Iran War Risk Trade Bleeds Into Crypto: Coinbase Surges, Strategy On Deck
May 4

Policy

Regulation, geopolitics, and capital in Washington

Federal Reserve seal on a navy dashboard between a red GDP 1.6% down panel and an amber PCE 3.8% up panel

Economy

US GDP Cut to 1.6% as PCE Inflation Jumps to 3.8%, Pressuring Fed Rate Path

Q1 GDP was revised down to 1.6% as April PCE inflation hit 3.8%, a stagflation-lite mix that boxes in the Fed before…

2d ago

Cloud & Infrastructure

Data centers, chips, and the plumbing of AI

Cloud & Infrastructure

Snowflake Stock Soars 36% as $6 Billion AWS Deal and Earnings Beat Reignite Its AI Growth Story

Snowflake stock jumped 36% after a Q1 beat, a raised forecast, and a five-year,…

By Scott Allan · 3d ago

Dell AI server rack with an Nvidia GPU inside and a dashboard panel showing a declining gross-margin chart

Cloud & Infrastructure

Dell Q1 FY2027 Earnings Preview: A $43 Billion AI Server Backlog Meets the Gross-Margin Stress Test as DELL Nears a 52-Week High

Dell reports Q1 FY2027 Thursday with a $43 billion AI server backlog. The number…

By Scott Allan · 5d ago

Microsoft, Anthropic, and Nvidia logos around a glowing Maia 200 AI accelerator chip on a circuit-board background

Anthropic and Microsoft in Talks for the Maia 200 Chip: Claude Inference Goes Custom as Nvidia Faces Its First Real ASIC Threat

Anthropic is in talks to run Claude on Microsoft's Maia 200 inference chip, a…

By Scott Allan · 5d ago

Wide cinematic view down a hyperscale AI data center hall with rows of liquid-cooled GPU server racks, cool blue diagnostic LEDs, and warm amber lighting at the far end

Anthropic Rented Elon Musk’s Entire AI Supercomputer. The $4 Billion Math Made Both Sides Swallow Hard.

Anthropic just leased Elon Musk's entire Colossus 1 supercomputer in Memphis. The $4 billion-a-year…

By Scott Allan · May 8

Modern observability control room with multiple curved monitors displaying real-time dashboards including heat maps neural network topology and latency histograms

Datadog Stock Surges 31% On Q1 Earnings: How AI Workloads Just Became SaaS’s Best Friend (And Why Fortinet, DoorDash Are Riding The Same Wave)

Datadog jumped 31 percent on Q1 revenue of $1.006 billion as AI workloads drive…

By Scott Allan · May 7

Dusk aerial view of a hyperscale data center campus with industrial natural-gas combustion turbines and a high-voltage transformer substation in the foreground

Microsoft May Drop 2030 Clean Energy Goal As AI Data Centers Blow Past Power Forecasts: What It Means For Climate Pledges Across Big Tech

Microsoft is weighing a delay or abandonment of its 2030 100/100/0 clean energy pledge…

By Scott Allan · May 7

Economy

Inflation, employment, and the real economy

Home Depot Q1 2026 Earnings Beat: $41.8 Billion Revenue, Positive Comp Sales, And A Surprise Reaffirmed Guidance As Mortgage Rates Squeeze Housing

Home Depot beat the top and bottom line, posted its first positive US comp in five quarters, and reaffirmed full-year guidance with…

May 19

01
Markets 30-Year Treasury Yield Tops 5.1% As Oil Hits $107: Markets Price In Fed Rate Hike By March
May 18
02
Breaking News April PPI Shock: How Wholesale Inflation Surged 1.4% Monthly And Killed The Last 2026 Rate Cut Bet
May 14
03
Economy Oil Prices Hit $107 As Trump Says US-Iran Ceasefire On “Massive Life Support”: Hormuz Shutdown Now Driving CPI
May 12

The Latest

Everything else across the newsroom

Consumer Behavior

Dollar Tree Beats on Q1 Earnings and Lifts Its 2026 Outlook as Margins Outrun Tariffs

3d ago

A crude oil barrel next to a red downward chart marked minus 5 percent with WTI and Brent price panels

Energy

Oil Tumbles 5% as Rubio Says US Will Give Iran Talks ‘Every Chance to Succeed’

3d ago

Financial dashboard showing a rising green stock-market chart flanked by one up and one down oil-price gauge, with an oil tanker passing through a strait

Energy

Stocks Open Higher as Fresh Iran Strikes Test the S&P 500’s Record Run

5d ago

Markets

Salesforce Q1 FY2027 Earnings Wednesday: Agentforce’s $800 Million ARR Faces Its Prove-It Quarter as CRM Stock Searches for a Bottom

5d ago

Financial dashboard showing crude oil prices crashing, Brent at 98.59 and WTI at 91.71 in red with a steep downward chart and a map of the Strait of Hormuz with an oil tanker

Energy

Oil Prices Crash 5% on Trump Iran Deal: Brent Drops to $98 as Strait of Hormuz Reopening Bet Reshapes the Inflation Outlook

5d ago

SpaceX Files for a $1.75 Trillion IPO. The Money Furnace Is xAI, Not the Rockets.

May 21

Nvidia Earnings Preview: $78 Billion Quarter, $725 Billion AI Capex, And A Bond Market In Revolt

May 18

Anthropic $30 Billion Funding Round At $900 Billion Valuation Closes In On OpenAI’s IPO Math

May 18

Bill Ackman Drops $2.1 Billion On Microsoft At 21x Forward Earnings: Inside The Pershing Square Bet That Says Wall Street Got Azure Wrong

May 16

Hyperscale data center aisle lined with networking switches and cyan optical fiber overhead, video wall in background showing AI infrastructure order growth dashboard

Cisco Stock Jumps 17% On Q3 Earnings Beat: AI Infrastructure Orders Hit $9 Billion As CSCO Doubles Hyperscaler Target

May 15

Google I/O 2026: What to Expect From the Keynote That Has to Justify $190 Billion

May 15

Interior of a modern Toyota assembly plant with robotic welding arms and hybrid pickup trucks on the line, overlaid with a markets dashboard showing TM ticker, hybrid output chart, $2.0B CAPEX for Bexar County, and a Texas state map