Stargate live updates: OpenAI pushes forward on Michigan data center after slashing spend
OpenAI, Oracle and Related Digital discuss the Stargate Michigan buildout, AI infrastructure, jobs and community plans.
Iran stops negotiations with U.S., vows to ‘completely’ block Strait of Hormuz: State media
The report in Iranian state media homes in on Israel’s military operations in Lebanon against the Iran-backed militia Hezbollah.
U.S. intercepted Iranian missiles targeting American forces in Kuwait, Central Command says
The latest attacks further undermine what remains of a U.S.-Iran ceasefire, and will likely add strain to ongoing efforts to reach a deal that will end the war.
The stock market just did something eerily similar to the dotcom bubble top in 2000
Surging stock performance in May was concentrated in the AI adjacent.
Stocks making the biggest moves premarket: Nvidia, Arm, Taylor Morrison, Qualcomm & more
These are the stocks posting the largest moves premarket.
AI revolution is ‘50x bigger’ than the dot-com boom: SoftBank’s Masayoshi Son to CNBC
The AI revolution will be 50 times bigger than the dot-com revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday.
Arm, IBM and Hewlett Packard soar as Nvidia chip ‘reinvention’ extends software rally
Shares in software compares surged ahead of Monday’s opening bell.
Retail had a ‘surprisingly robust’ first quarter, but the real test is ahead as tax refunds dry up
The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.
Fed’s Powell warns Trump’s political ‘stress test’ will wreck public trust in central bank
Jerome Powell said White House pressure on the Fed will damage public trust in the U.S. central bank.
Trump hits out at ‘chirping’ critics as Iran peace talks enter new month at impasse
Trump’s Truth Social post comes as air strikes between the U.S. and Iran resumed over the weekend.