Why Alphabet won the Big Tech earnings night
Alphabet’s cloud business is accelerating relative to competitors, analysts say
Democrats urge CFTC to rein in prediction markets sports betting, insider trading
Sen. Jeff Merkley, D-Ore., led a letter — first reported by CNBC — to the CFTC asking for stricter rules for companies like Kalshi and Polymarket.
U.S. weighs ‘reduction’ of troops in Germany as Trump’s feud with Berlin deepens
The U.S. is considering the possibility of reducing the number of troops it has stationed in Germany, President Donald Trump said.
Shares of Jeep maker Stellantis fall more than 10% after first-quarter results
The multinational conglomerate posted first-quarter adjusted operating income of 960 million euros ($1.19 billion), comfortably beating analyst expectations.
Nvidia just invested in the AI legal startup that’s splashing Jude Law ads everywhere
Swedish startup Legora has raised more than $800 million in the past 12 months, and the latest deal values it at $5.6 billion.
Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition
The results come as top European original equipment manufacturers (OEMs) navigate several industry headwinds.
Israel’s economy and financial markets are booming — even as conflict rages in the Middle East
The Israeli economy is massively outperforming a swathe of developed-market peers, including key ally the United States.
Brent crude hits wartime high, soaring past $125, as U.S. military to reportedly brief Trump on action against Iran
Brent crude has surged to its highest levels since mid-2022, LSEG data shows, as the Middle East conflict chokes supplies.
China factory activity tops expectations in April — but growth slows as new orders soften
The official purchasing managers’ index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economists.
Investors still trust Google more than Meta when it comes to spending their money on AI
Alphabet and Meta both boosted their capex guidance in their first-quarter earnings reports, but Wall Street viewed one much more favorably than the other.