Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress
President Donald Trump said he is pausing “Project Freedom,” the U.S. military’s bid to guide commercial ships out of the Strait of Hormuz.
EV maker Lucid plans to adjust production, citing elevated vehicle inventories
Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.
Super Micro stock jumps 19% on guidance beat as revenue more than doubles
Super Micro pointed to progress in U.S. manufacturing in issuing a stronger-than-expected quarterly forecast.
Small caps put on their best monthly showing since 2020. Bank of America says there’s more upside ahead
The Russell 2000 surged in April. Bank of America highlights ETFs to play small caps and enhance returns.
AMD tops estimates for first quarter as data center revenue jumps 57%
AMD’s earnings report lands as investors rush into the stock on optimism that the AI boom is just getting started.
U.S. says ‘Project Freedom’ will reopen Hormuz Strait for commerce. Experts are skeptical
President Donald Trump announced the operation Sunday, saying the U.S. will “guide” ships stuck due to the Iran war through the Strait of Hormuz.
Intel and Micron are poised to break major milestones
Options traders can’t get enough of semiconductor stocks.
Micron zooms past $700 billion market cap as rally in memory stocks accelerates
Micron has emerged as one of the most valuable U.S. tech companies thanks to insatiable demand for memory that’s needed in AI chips.
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.
Spirit starts monthslong process of dismantling airline after biggest collapse in a generation
Spirit Airlines was back in bankruptcy court to start dismantling the airline.