Markets
Super Micro Computer Raises $7 Billion to Fill a $39 Billion AI Server Backlog
Super Micro Computer announced a massive $7 billion equity and equity-linked financing package on…
Author: Scott Allan
Author: <span>Scott Allan</span>
Markets
GSK Bets $10.6 Billion on Nuvalent in Its Biggest Oncology Deal in Over a Decade
GSK announced on Monday that it will acquire Nuvalent, a Boston-based clinical-stage oncology company,…
Economy
May CPI Hits 4.2% as Energy Costs Drive Inflation to a Three-Year High
The May Consumer Price Index landed at 4.2% year-over-year on Tuesday, the highest reading…
Energy
US Strikes on Iran Send Wall Street Sliding as Oil Whipsaws Near $88
The United States completed a fresh round of military strikes against Iranian targets near…
AI Policy
USTR Proposes Sweeping Forced-Labor Tariffs on 60 Economies in Broadest Section 301 Action Yet
The Office of the United States Trade Representative on June 2 proposed additional tariffs…
Business
Intesa Sanpaolo Launches $35 Billion Bid for Monte dei Paschi in Bidding War That Could Reshape European Banking
Italy’s largest bank just crashed a party it wasn’t invited to, and the resulting…
AI
Amazon and Corning Strike Multibillion-Dollar Fiber Deal to Wire AI Data Centers Across the US
A 175-year-old glassmaker just locked in its third AI megadeal of 2026, and the…
AI
Micron Surges 10% as HBM4 Certification and Massive Analyst Upgrades Fuel Chip Stock Rebound
The semiconductor rally is not dead. It just needed a weekend to catch its…
Business
Delta Air Lines Launches Trans-Pacific Offensive With New Hong Kong Route, Challenging United’s Asia Dominance
Delta Air Lines is making its most aggressive trans-Pacific move in a decade. The…
Business
T-Mobile Introduces Its First-Ever Speed Cap on 5G Home Internet, Signaling a Telecom Pricing Shift
T-Mobile has quietly added an artificial speed limit to its cheapest 5G home internet…