AI
Micron Tops $1 Trillion Market Cap as AI Memory Demand Outruns Supply
Micron jumped 19% past a $1 trillion market cap as high-bandwidth memory demand outran supply, dragging the S&P 500 to a record. SK Hynix joined the club too.
Analysis
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, breaking the risk-on correlation…
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…
Markets
Stocks, indices, and the macro tape
Consumer Behavior
Dollar Tree Beats on Q1 Earnings and Lifts Its 2026 Outlook as Margins Outrun Tariffs
Dollar Tree beat Q1 estimates with sales up 7.2% and adjusted EPS up 38%,…
AI
Marvell Climbs on AI Custom-Silicon Beat as Nvidia’s $2 Billion Stake Pays Off
Marvell beat on Q1 revenue and EPS, guided Q2 above estimates on custom AI…
Energy
Oil Tumbles 5% as Rubio Says US Will Give Iran Talks ‘Every Chance to Succeed’
WTI and Brent crude fell more than 5% on May 27 after Marco Rubio…
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,…
Artificial Intelligence
The race to build — and regulate — intelligent machines
AI
Qualcomm Strikes ByteDance AI Chip Deal, Shares Jump 8% on Data-Center Bet
Qualcomm shares jumped 8% after agreeing to supply ByteDance millions of AI data-center ASICs, its biggest push yet beyond smartphones and into custom silicon.
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AIApple’s WWDC 2026 Bet: A Gemini-Powered Siri and the $3 Trillion AI Accountability Test
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AITrump Cancels AI Executive Order Amid Claude Mythos Cybersecurity Fallout: How Anthropic’s Most Dangerous Model Is Reshaping Washington’s AI Playbook
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AIAnthropic and Microsoft in Talks for the Maia 200 Chip: Claude Inference Goes Custom as Nvidia Faces Its First Real ASIC Threat
Technology
Product, platform, and the shape of the Internet
Analysis
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.…
Business
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…
AI
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…
AI
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…
AI
Bill Ackman Drops $2.1 Billion On Microsoft At 21x Forward Earnings: Inside The Pershing Square Bet That Says Wall Street Got Azure Wrong
Bill Ackman quietly built a $2.1 billion Microsoft stake since February and waited until…
AI
Google I/O 2026: What to Expect From the Keynote That Has to Justify $190 Billion
Google I/O 2026 runs May 19-20. What to expect: a major Gemini upgrade, Android…
Business
Deals, earnings, and corporate strategy
Analysis
Starbucks Korea’s ‘Tank Day’ Boycott Lands on E-Mart, Not Seattle
Starbucks Korea's 'Tank Day' boycott is cratering sales, but Starbucks sold out in 2021. The damage lands on E-Mart and Singapore's GIC, not Seattle.
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BusinessAutoZone’s Q3 Beat Turns AZO Into Wall Street’s Cost-of-Living Bellwether
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BusinessThe Mandalorian And Grogu Box Office: Disney’s $80 Million Tracking Star Wars Reboot Is A Make-Or-Break Test For The Franchise
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AnalysisHome Depot Q1 2026 Earnings Beat: $41.8 Billion Revenue, Positive Comp Sales, And A Surprise Reaffirmed Guidance As Mortgage Rates Squeeze Housing
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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.
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
Bitcoin Crashes Below $77,000 As Bond Yields Hit 19-Year High: Inside The $657 Million Liquidation Cascade Reshaping Crypto
Crypto
Digital assets, tokenization, and the on-chain economy
Policy
Regulation, geopolitics, and capital in Washington
Cloud & Infrastructure
Data centers, chips, and the plumbing of AI
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…
Analysis
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…
AI
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…
AI
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…
AI
AMD Q1 2026 Earnings Crush Estimates: Data Center Revenue Hits $5.8 Billion, Stock Hits Record As Lisa Su Closes Gap With Nvidia
AMD reported Q1 2026 revenue of $10.3 billion with data center revenue surging 57…
AI
Qualcomm Stock Surges 16% On Mystery Hyperscaler Custom Silicon Deal And $20 Billion Buyback
Qualcomm beat Q2 estimates, disclosed a "leading hyperscaler" custom silicon win that begins shipping…
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Everything else across the newsroom
Energy
Stocks Open Higher as Fresh Iran Strikes Test the S&P 500’s Record Run
Markets
Salesforce Q1 FY2027 Earnings Wednesday: Agentforce’s $800 Million ARR Faces Its Prove-It Quarter as CRM Stock Searches for a Bottom
Energy
Oil Prices Crash 5% on Trump Iran Deal: Brent Drops to $98 as Strait of Hormuz Reopening Bet Reshapes the Inflation Outlook
AI
SpaceX Files for a $1.75 Trillion IPO. The Money Furnace Is xAI, Not the Rockets.
AI
Nvidia Earnings Preview: $78 Billion Quarter, $725 Billion AI Capex, And A Bond Market In Revolt
AI
Anthropic $30 Billion Funding Round At $900 Billion Valuation Closes In On OpenAI’s IPO Math
AI
Cisco Stock Jumps 17% On Q3 Earnings Beat: AI Infrastructure Orders Hit $9 Billion As CSCO Doubles Hyperscaler Target
Business
Toyota’s $2 Billion Texas Bet: Inside Project Orca, The Hybrid Plant That Doubles Down On San Antonio And Tariff-Era Reshoring
AI
Cerebras Stock Soars 68% In $5.55 Billion IPO Debut: How CBRS Just Reopened The AI Chip IPO Window And Put Nvidia On Notice
AI
OpenAI Compute Crunch Bites: Why Sarah Friar’s New Capital Warning Reshapes The 2027 IPO Math
Markets
Trump’s Nvidia, Boeing, And Intel Stock Trades Spark Ethics Firestorm Mid-Beijing Summit: What The Disclosures Show
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