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Snap and Perplexity Cancel AI Integration Plans
Snap and Perplexity said Wednesday (May 6) that they amicably ended a partnership that would have integrated Perplexity's artificial intelligence-powered answer engine into Snap's Snapchat social medi...
Adyen Volume Surges 21% as Consumer Spending Defies Macro Uncertainty
Adyen's processed volume increased 21% year over year in the first quarter to reach €382 billion (about $449 billion), showing continued resilience in consumer spending, the company said in a first-qu...
DoorDash Grocery Growth Fuels 37% Marketplace Sales Jump
DoorDash used its first-quarter earnings call to press the same argument it made in Q4. The next leg of competition in local commerce runs through whoever delivers the best end-to-end experience.
Making Sense of AT&T's Hiked Prices for Legacy Phone Plans
Did your older AT&T wireless plan jump in price in April? Here's what's going on.
Rockland Resources Sets Options
Vancouver, British Columbia – TheNewswire - May 6, 2026 - Rockland Resources Ltd. (the “Company” or "Rockland") ( CSE: RKL) (OTCQB: BERLF) (FSE: GB2) announces it has set 1,600,000 options to officer...
The 'Meme King' is turning eBay listings into takeover theater
GameStop CEO Ryan Cohen was deemed the 'Meme King' during the company's 2021 stock rally. The CEO is now on a public pressure campaign to take over eBay, the online marketplace.
Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
Investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S. President Donald Trump said Wednesday Iran will be bombed "at a mu...
Space analytics firm HawkEye raises $416 million in US IPO
Space analytics firm HawkEye 360 has raised $416 million in its U.S. initial public offering, the company said on Wednesday.
Anthropic's C.E.O. Says It Could Grow by 80 Times This Year
The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up's need for more computing power.
US, China weigh launch of official discussions on AI, WSJ reports
Washington and Beijing are weighing the launch of official discussions about artificial intelligence, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Bull vs Bear: Options Playbook for NVDA as Volatility Builds
Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Bull v.
Robinhood Opens Private Markets to 150,000 Retail Investors
Robinhood's first fund designed to expand retail investors' access to private markets has drawn 150,000 retail investors, Robinhood CEO Vlad Tenev said Tuesday (May 5).
A lot more equity building opportunities in our brands, says Kraft Heinz CEO
A lot more equity building opportunities in our brands, says Kraft Heinz CEO.
Cryptocurrencies: Bitcoin Breaks Through $80K
This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational diffe...
Chime Leans on AI, Pushes Upmarket in First Profitable Quarter
The FinTech landscape is undoubtedly a mature one these days. But as Chime Financial's first quarter 2026 earnings call Wednesday (May 6) revealed, that doesn't mean that firms can't still achieve sca...
Quantum computing firm IonQ raises annual revenue forecast
IonQ raised its annual revenue forecast on Wednesday, betting on growing demand from clients for its quantum computing platform.
UK private sector pay awards held at 3.5% in 3 months to March, IDR survey shows
Median annual pay settlements offered by British private sector employers held steady in March, according to a survey published a week after the Bank of England left interest rates unchanged while i...
MCD Faces Earnings Test Amid Pricing Pressure
McDonald's (MCD) heads into earnings under pressure, with concerns over pricing clashing with still‑strong digital engagement, according to LikeFolio's Landon Swan. He breaks down whether the stock is...
Ryan Cohen Is Selling Stuff On eBay To Pay For eBay Deal: Here's What You Can Buy (Including Rare Donald Trump Card)
Ryan Cohen shocked the investment world by announcing his intent for GameStop Corp (NYSE:GME) to buy eBay Inc (NASDAQ:EBAY) in a $55 billion deal.
DoorDash is budgeting $100 million for driver gas benefits so far this year — and counting
DoorDash expects to book $100 million in gas-related costs in the first half of 2026. The delivery service is offsetting the expense by delaying investments, CFO Ravi Inukonda said.
US oil prices rebound as investors assess prospects for a Middle East peace deal
U.S. crude futures rose about $1 in early trade on Thursday, rebounding from the previous day's losses, as investors assessed prospects for a Middle East peace deal.
Key takeaways from Anthropic's annual developer conference
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the AI company saw 80-fold growth in the first quarter on an annualized basis. CNBC's Kate Rooney recaps all the big moments...
Elon Musk's Confidante Shivon Zilis Is Cast as His Inside Source at OpenAI
Shivon Zilis worked closely with Elon Musk while she was on OpenAI's board of directors. Her ties to the world's richest man were detailed in a landmark trial on Wednesday.
Kraft Heinz Slashes Prices as Consumer Affordability Hits Breaking Point
Kraft Heinz CEO Steve Cahillane said his company is focused on lowering prices because consumers are having trouble paying their bills.
Atmos Energy raises annual profit forecast on strong natural gas demand
Atmos Energy raised its annual profit forecast on Wednesday after reporting a rise in second-quarter earnings, as it expects robust demand for its natural gas distribution and pipeline facilities.
Zillow Group leans into AI as revenue climbs 18% in flat housing market
Zillow Group's first-quarter shareholder letter made the company's strongest case yet for its transformation into an AI-powered real estate platform, citing AI-driven productivity gains, a new consume...
Palantir Pullback Could Make This ETF Enticing
Shares of Palantir (PLTR) retreated Tuesday, after the company reported first-quarter results late Monday. Some experts pointed to modest domestic revenue expectations as the likely culprit, but that ...
Market Valuation, Inflation and Treasury Yields: April 2026
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns.
MNTN stock tanks despite reporting Q1 profit: CEO explains
MNTN stock tanks despite reporting Q1 profit: CEO explains.
Samsung market cap crosses $1 trillion amid memory chip rally
Market Domination - May 6th, 2026 == — Facebook: https://www.facebook.com/yahoofinance — X/Twitter: https://x.com/YahooFinance — Instagram: https://www.instagram.com/yahoofinance/ — TikTok: https://ww...
Pentagon Hands Meta-Backed Scale AI $500 Million Contract, 5 Times Last Year's Deal, Report Says
The Scale AI deal is the latest in Defense Secretary Pete Hegseth's push to fast-track AI adoption across the department. In a January strategy memo, Hegseth laid out plans to expand the use of AI too...
Market Rally Holding Strong: ARM, DASH & APP Earnings Breakdown
KG says stocks are pushing higher into the close, with signs of a sustainable rally for now. He highlights key sectors like materials that could limit upside and dives into earnings for Arm Holdings (...
Wednesday's Final Takeaways: Wegovy Surge & Disney Strength
Marley Kayden highlights how Novo Nordisk (NVO) saw earnings boosted by its Wegovy pill, now making up 65% U.S. prescriptions. Sam Vadas breaks down the Walt Disney (DIS) earnings, pointing to a resil...
Gold drives above $4,700 as Iran peace progress weakens U.S. dollar, analysts warn risks remain
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Apollo Seeks an Edge With Credit Fund Transparency Push
The firm aims to rake in more capital through a plan to provide daily valuations for private-credit holdings.
Restaurants really don't want to sell fake meat — and Beyond Meat is suffering
Beyond Meat's stock fell further on Wednesday after the maker of meat alternatives offered a weak forecast.
Snap says its $400M deal with Perplexity ‘amicably ended'
Snap no longer has a deal with Perplexity, the company revealed on Wednesday as part of its quarterly earnings report. The deal, announced last November, would have seen Perplexity's AI search engine ...
Want to Support GameStop's Bid for eBay? You Can Buy CEO Ryan Cohen's Stuff—On eBay
Ryan Cohen isn't just the guy who wants to merge with eBay. He's also a member.
Redwire Stock Sees Heavy Selling After The Close: Here's Why
Redwire Corp (NYSE:RDW) shares are moving lower in after-hours Wednesday after the company reported first-quarter results and announced plans to offer and sell up to $350 million in common stock.
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the AI company saw 80-fold growth in the first quarter on an annualized basis. Amodei said the company tried to plan for a 1...
Core Scientific Stock Drops On Wider-Than-Expected Q1 Loss
Core Scientific Inc. (NASDAQ:CORZ) reported first-quarter results after Wednesday's closing bell, missing EPS estimates. Here's a look at the details inside the report.
Beyond Meat forecasts muted second-quarter sales on weak demand
Beyond Meat forecast current-quarter revenue below Wall Street expectations on Wednesday, as it grapples with sluggish demand for its once-iconic plant-based products.
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report
Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed g...
OpenAI CEO Sam Altman was dishonest, caused ‘chaos,' ex-exec Mira Murati says in bombshell testimony
OpenAI's former head of technology Mira Murati slammed CEO Sam Altman saying he hadn't always been truthful in taped video testimony played in court on Wednesday – offering details on a chaotic period...
Zillow CEO Jeremy Wacksman: Affordability is still a challenge in the housing market
Zillow CEO Jeremy Wacksman joins 'Closing Bell Overtime' to talk quarterly results, the state of the housing market, headwinds for home sales, and more.
Beyond Meat Stock Drops After Q1 Earnings — Here's Why
Beyond Meat Inc. (NASDAQ:BYND) shares were down after the company reported first-quarter results after Wednesday's closing bell and guided for second-quarter revenue below the analyst estimate.
How to Build an Efficient Core With ETFs
In today's environment, where geopolitical risk and macro uncertainty are converging, gold is attracting renewed interest. But traditionally, adding it has required trimming core exposures.
Income ETF GPIQ Adds $1 Billion in Flows YTD
Income ETF offerings have become a huge part of the ETF landscape in recent years. Following the ETF rule's arrival in 2019, it has become much simpler for asset managers to launch new funds.
Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
The media and entertainment company logged the massive loss after recording a $2.8 billion termination fee that was triggered when Paramount Skydance beat out Netflix to acquire Warner.
Arm Holdings Reports Higher Profit, Strong Demand for New CPUs
The semiconductor design company said it now has more than $2 billion of demand across fiscal 2027 and 2028 for its new Arm AGI CPUs.
Google DeepMind Will Train AI Models on the MMORPG Eve Online
The AI lab has taken a minority stake in the gaming company behind the incredibly complex 23-year-old space simulator.
Zillow Stock Drops After Q1 Earnings Report: Details
Zillow Group Inc. (NASDAQ:Z) reported first-quarter results after Wednesday's closing bell, beating analyst estimates on the top and bottom lines.
The Iran War Is Crushing Whirlpool's Profits—and Higher Prices Are Coming
Historically low consumer confidence is steering people away from the company's higher-end appliances.
Goodyear Tire & Rubber Swings to Loss, Citing Weak Demand
CEO Mark Stewart says that pressure on demand, as well as input cost inflation from the war in Iran, “require that we continue to take meaningful actions to strengthen our cost structure.”
Aurwest Resources Announces Stock Option Grant
Calgary, Alberta (May 6, 2026) - TheNewswire – Aurwest Resources Corporation (“ Aurwest ” or the “ Company ”) ( CSE: AWR) is pleased to announce that the Board of Directors of the Company have approv...
Promising Revolution Medicines pancreatic cancer drug has high rate of mostly manageable side effects
An experimental drug from Revolution Medicines that nearly doubled survival time for patients with advanced pancreas cancer in clinical trials comes with a high rate of mostly low-grade side effects...
Moderna's mRNA flu vaccine outperforms standard shot in late-stage trial
Moderna's mRNA-based seasonal flu vaccine worked better than conventional flu shots in a late-stage international trial of more than 40,000 adults aged 50 and older, researchers reported on Wednesday...
CRWV: AI Boom Could Drive Massive Growth
Danielle Shay and Brendan Burke break down why CoreWeave (CRWV) may be at the center of the AI boom. With strong earnings, rising buyer interest, and evolving customer demand, the outlook looks bullis...
Head of Claude Code on the future of work and productivity
CNBC's Kate Rooney sat down with Head of Claude Code Boris Cherny at Anthropic's annual developer conference in San Francisco. They discuss the latest updates to Claude and how AI agents could change ...
Big Tech's Personal AI Agents Are Coming for the to-Do List
Google and Meta are building personal artificial intelligence agents, moving at the same time toward the same idea of an assistant that operates in the background, handles tasks without being asked tw...
PTC lifts annual revenue forecast on steady software demand
PTC Inc on Wednesday raised its full-year revenue forecast, citing continued demand from manufacturers using its software to digitize their design and production processes.
This Cryptocurrency's 700-Day Pattern Points to $160,000
This may be a hot take but most traders are focused on the wrong things right now. They're watching the latest Polymarket bets, piling into speculative AI plays, or chasing whatever “hot stocks” every...
Axon raises annual revenue growth forecast on strong software, security device demand
TASER-maker Axon Enterprise raised its full-year revenue growth forecast on Wednesday, betting on strong demand for its software products and security devices.
Here's How Much McDonald's Stock Is Expected to Move After Earnings
McDonald's is scheduled to report earnings Thursday morning, with shares seen potentially sinking to their lowest point in nearly two years following the results.
KLA Corp. (KLAC) Price Forecast: Advance Signals Potential Trend Continuation
KLAC stabilizes after a pullback to key support, reclaiming the 20-day average while facing critical confirmation levels that will determine continuation of its broader uptrend.
Arm's stock soars as the company puts a big number on its newest venture
The chip designer said it has more than $2 billion in customer demand for its first-ever data-center CPU
Axon Shares Slip Despite Q1 Results Above Expectations
Axon Enterprise Inc. (NASDAQ:AXON) reported better-than-expected first-quarter results after Wednesday's closing bell. Here's a look at the details inside the report.
Wall Street giant Apollo aims to open ‘second headquarters' outside NYC — in latest fallout from Mamdani's war on the wealthy
Executives have been closely monitoring the policies of social mayor Zohran Mamdani and his vitriolic attacks on business leaders, most recently Ken Griffin.
Fortinet's stock rockets as earnings help dispel fears of AI disruption
An “increasingly complex threat environment” is boosting demand for Fortinet's cybersecurity offerings
Arm Q1 earnings silence valuation concerns
Arm Holdings Inc (ARM) is pushing higher in extended hours after reporting a market-beating Q4 and offering upbeat guidance for its current financial quarter. In Q4, the chip designer earned 60 cents ...
GameStop Makes $56B Bid For eBay, M&A Animal Spirits Are Strong At Milken | Bloomberg Deals 5/6/2026
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Searchlight Capital Founding Par...
Snap Posts Q1 Better-Than-Expected Q1 Earnings Report: Details
Snap Inc. (NYSE:SNAP) reported first-quarter results after Wednesday's closing bell, beating estimates on the top and bottom lines.
Zillow Posts Higher Profit, Lower Traffic in First Quarter
The home-listing site logged a profit of $46 million, but said traffic fell 3% to 220 million average monthly unique users.
Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
Elon Musk's odds for winning his multibillion-dollar lawsuit against OpenAI tumbled from 60% when the trial started to as low as 34% following his testimony last week. Kalshi traders say Musk's chance...
Market Charts to Watch Now- RGTI, ORCL & S&P 500
Kevin Horner highlights key charts to watch, stressing risk tolerance and position management tied to the S&P 500. He breaks down Rigetti Computing's (RGTI) volatile surge that trapped traders and Ora...
AMD Soars on Blockbuster AI-Fueled Forecast | Bloomberg Tech 5/6/2026
Bloomberg's Caroline Hyde discusses Advanced Micro Devices' strong forecast that sent shares climbing. Plus, Disney posts stronger than expected results on the back of earnings thanks to improved prof...
Western Midstream signs $1.6 billion deal to expand in Permian Basin
Western Midstream Partners said on Wednesday it would acquire privately held Brazos Delaware II in a $1.6 billion deal, expanding its gathering and processing footprint in the core of the Permian...
Snap, Perplexity Mutually End AI Deal
Snap and Perplexity scrapped a deal to integrate the startup's AI-powered answer engine directly into the social-media platform, ending a relationship that had boosted investors' hopes for improved pr...
Arm Stock Races Higher After Q4 Earnings — Here's Why
Arm Holdings Plc (NASDAQ:ARM) reported fourth-quarter results after Wednesday's closing bell, beating analyst estimates on the top and bottom lines.
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
Warner Bros. Discovery reported first-quarter earnings after the bell.
Anthropic CEO Dario Amodei jokes that his company's extreme revenue growth is 'too hard to handle.'
Dario Amodei spoke at a conference on Wednesday. The Anthropic CEO is looking to extend the company's market share among developers.
Betting giant Flutter overhauls management at US FanDuel unit
Betting giant Flutter made major management changes at its U.S. FanDuel brand on Wednesday, saying FanDuel CEO Amy Howe had left the company and that Flutter veteran Dan Taylor would oversee the U....
'WE WILL BE PREPARED': Inside efforts to stop screwworm outbreak
Elanco Animal Health CEO Jeff Simmons discusses response to screwworm outbreak concerns on 'The Claman Countdown.'
Citi's Investor Day Will Test Wall Street's Confidence in CEO Jane Fraser
Citigroup investors want CEO Jane Fraser to raise key profitability targets and prove the bank can shift from turnaround to growth.
Is it too late to invest in Hut 8 stock as it soars on AI data center lease deal?
Hut 8 (HUT) pushed meaningfully higher on Wednesday after announcing an artificial intelligence (AI) lease agreement for its Beacon Point campus in Texas. This $9.8 billion data center deal that spans...
Lumentum CEO on business: Very much levered to the hyperscalers
Michael Hurlston, Lumentum CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, clients the company has and much more.
Snap's quarterly revenue rises, daily active users return to growth
Snap said on Wednesday its first-quarter revenue rose 12% on the back of resilient advertising spending and that its number of daily active users returned to growth, driven by markets outside of Nor...
JPMorgan tried to settle sexual assault claims before lawsuit, spokesperson says
JPMorgan Chase tried to reach a settlement with a former investment banker before he filed a lawsuit recently making sexual assault and harassment claims, a bank spokesperson said on Wednesday.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings on Wednesday and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity. The company said in the invest...
What Slow Housing Market? Zillow Tops Earnings Estimates as It Expands
The quarterly results come as Zillow integrates its varied businesses including rentals, search, and mortgages.
DoorDash Profit Ticks Down Despite Higher Revenue
The delivery giant said the profit decline was due to higher cost of revenue, driven by increased orders, as well as higher expenses from sales and marketing and research and development.
WBD Sees $2.9 Billion Q1 Loss On M&A Charges Including Termination Fee Paramount Paid Netflix
Warner Bros. Discovery posted a whopping $2.9 billion first quarter loss that will likely be a one-time accounting blip, it hopes, since it includes the $2.8 billion termination fee that Paramount pai...
DoorDash forecasts quarterly order value above estimates
DoorDash on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates, helped by resilient demand and the online delivery firm's expansion across grocery, retail and ...
Chime banks on resilient consumer spending to post maiden quarterly bottom line
Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spending in the first three months of the year lifted demand for the financial technology firm's digital banking produ...
DoorDash reports mixed first-quarter results
DoorDash topped Wall Street's earnings expectations, but revenue fell short of estimates. DoorDash said it expects a $50 million cost from its driver relief program to ease the burden of skyrocketing ...