AI
Codex Doubled in Seven Days. NVIDIA Just Restructured 30,000 People Around It.
OpenAI says Codex doubled in seven days. NVIDIA put it on 10,000 non-engineering staff. Seat-based SaaS multiples have a new ceiling.
Consumer Behavior
On Holding Stock Pops After Record Q1 2026: Founders Return As CEOs As ONON Crushes Nike, Lululemon On Margin
On Holding posted Q1 revenue of CHF 831.9 million and net income of CHF 103.3 million, with gross…
AI
Tesla Robotaxi Wait Times Hit Two Hours In Dallas: How Safety Validation Is Quietly Killing Musk’s 2026 Rollout Target
A Reuters tracking study found Tesla Robotaxi wait times in Austin exceeded 15 minutes about half the time…
Markets
Stocks, indices, and the macro tape
Analysis
Pinterest Stock Jumps 15% After Q1 Earnings Crush: How AI Ad Targeting Is Reviving a Forgotten Social Platform
Pinterest crushed Q1 estimates, PINS jumped 15%, and seven sell-side desks raised targets. The…
Analysis
OpenAI IPO Delay? $25 Billion Revenue, $14 Billion Loss, and a CFO Pumping the Brakes
OpenAI hit $25B in annualized revenue, but CFO Sarah Friar reportedly wants to push…
Analysis
Nvidia Bets $3.2 Billion on Corning to Onshore AI Optical Manufacturing and Add 3,000 US Jobs
Nvidia commits up to $3.2 billion to a Corning optical manufacturing partnership, 10x'ing US…
Analysis
Cloudflare Layoffs: 1,100 Jobs Cut in “Agentic AI” Reset as NET Stock Drops 18%
Cloudflare cuts 1,100 jobs, ~20% of staff, framing the layoffs as an "agentic AI"…
Artificial Intelligence
The race to build — and regulate — intelligent machines
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 observability demand. Fortinet added 23 percent on cybersecurity strength. DoorDash popped on the Deliveroo…
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AIMicrosoft May Drop 2030 Clean Energy Goal As AI Data Centers Blow Past Power Forecasts: What It Means For Climate Pledges Across Big Tech
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AIAMD Q1 2026 Earnings Crush Estimates: Data Center Revenue Hits $5.8 Billion, Stock Hits Record As Lisa Su Closes Gap With Nvidia
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AIMira Murati Testifies Sam Altman Lied to Her: Key Moments From the Musk vs OpenAI Trial
Technology
Product, platform, and the shape of the Internet
AI
Google’s New TPU 8 Chips Take Direct Aim at Nvidia With 3x Performance Gains
Google unveiled its eighth-generation TPU at Cloud Next 2026 with two purpose-built chips delivering…
AI
OpenAI Built a Nonprofit to Save Humanity. Now It’s Selling Cost-Per-Click Ads Inside ChatGPT.
Nine weeks after launching its first ad, OpenAI has rolled out cost-per-click pricing, onboarded…
Technology
Tim Cook Is Leaving Apple. The $4 Trillion Question Is Whether His Successor Can Win the AI War.
After 15 years and a 1,000% stock gain, Tim Cook is stepping down as…
AI
Cursor Valuation Doubles To $50 Billion As AI Coding Race Attracts Nvidia And Andreessen Horowitz
Cursor is raising more than $2 billion at north of $50 billion, doubling its…
AI
TSMC Q1 2026 Earnings: 58% Profit Surge Proves AI Chip Demand Is Nowhere Near Peaking
TSMC reported a 58% year-over-year profit increase in Q1 2026, with AI and high-performance…
AI
OpenAI Executive Exodus: Sora Shuts Down As Kevin Weil And Bill Peebles Exit In Enterprise Pivot
Kevin Weil, Bill Peebles, and Srinivas Narayanan all exited OpenAI on the same day.…
Business
Deals, earnings, and corporate strategy
Business
HawkEye 360 IPO Pops 28% On NYSE Debut: How A $2.4 Billion Defense-Tech Listing Is Reopening The 2026 IPO Window
HawkEye 360 priced at the top of range, raised $416 million, and surged 28 percent on its NYSE debut at a $2.4 billion valuation. The signals-intelligence IPO is…
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BusinessDisney Q2 2026 Earnings: Josh D’Amaro’s First Quarter Delivers Streaming Profit Surge, $8 Billion Buyback, And A Domestic Parks Warning
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AnalysisAmazon Now Sells Ozempic at Pharmacy Kiosks with Same-Day Delivery: Price, Availability, How It Works
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AIApple Q2 2026 Earnings Crush Estimates: $111 Billion Revenue, $100 Billion Buyback, And Tim Cook’s Final Stretch Before John Ternus Takes Over
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Hormuz Ceasefire Unravels: Oil Tops $102 as US-Iran Fire Exchange Rattles Markets
Iranian missiles strike US destroyers in the Strait of Hormuz, the US strikes back, and Brent rips above $102 as the May 6 ceasefire framework cracks.
Anthropic Rented Elon Musk’s Entire AI Supercomputer. The $4 Billion Math Made Both Sides Swallow Hard.
Inside Iran’s $2 Million Hormuz Toll: How the Persian Gulf Strait Authority Is Reshaping Global Oil
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
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…
Analysis
Caterpillar Stock Hits Record High On $17.4 Billion Q1 Beat: How AI Just Turned A Construction Giant Into A Tech Trade
Caterpillar shares surged more than 9% to a record high after Q1 earnings crushed…
AI
Microsoft, Meta, Alphabet, Amazon Earnings Today: What Wall Street Wants To Hear On AI Spend And Cloud Growth
Four of the five most valuable companies in America report earnings tonight: Microsoft, Meta,…
AI
GE Vernova Stock Hits Record as AI Data Center Power Demand Drives 71% Order Surge
GE Vernova surged 12% to an all-time high as Q1 orders jumped 71% to…
AI
Meta’s $35 Billion CoreWeave Deal: Inside The Biggest AI Infrastructure Bet In Tech History
Meta expanded its CoreWeave partnership by $21 billion to a total of $35 billion…
AI
Tech Layoffs Hit 80,000 In Q1 2026: Nearly Half Blamed On AI, Seattle Takes The Biggest Hit
The tech industry just had its worst quarter for jobs since the dot-com crash.…
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Everything else across the newsroom
Energy
Inside Toyota’s $10 Billion Woven City: Hardware Moat or Corporate Theater?
Energy
Trump Halts 165 Wind Farms Citing National Security: Legal Frame, Market Fallout, Grid Risk
AI Policy
DeepSeek IP Theft Allegations Expose The New Cold War Reality
Markets
Spirit Airlines’ Collapse: How Cheap Jet Fuel and a Blocked Merger Ended the Ultra-Low-Cost Bet
AI
Palantir Q1 2026 Earnings Preview: AIP Growth, DoD Tailwinds, And Why Options Are Pricing A 10% Move
Business
GameStop’s $56 Billion eBay Takeover Bid: Ryan Cohen’s Hostile Play To Build An Amazon Rival
AI
Elon Musk Vs. Sam Altman Trial: Inside The OpenAI Lawsuit That Could Reshape AI’s Future
AI
Big Tech’s Earnings Split: Wall Street Picks Winners In The AI Capex Wars
Business
Eli Lilly Q1 2026 Earnings Blowout: Mounjaro Up 125%, Zepbound Up 79%, And A $2 Billion Guidance Raise That Reignites The GLP-1 Trade
Analysis
Oil Prices Hit 4-Year High As Strait Of Hormuz Blockade Drags Into Month Two
AI
Meta Stock Drops 10% On $145 Billion AI Capex Bombshell: JPMorgan Downgrade, ROI Fears, And A Free Cash Flow Cliff
Analysis