Investing.com — The Trade Desk (NASDAQ:TTD) reported first quarter results that missed earnings expectations and issued disappointing guidance, sending shares down over 14% in premarket trading Friday. The advertising technology company posted adjusted earnings per share of $0.28, falling short of the analyst estimate of $0.32. Revenue reached $689 million, slightly exceeding the consensus estimate…
Cloudflare plans to cut more than 1,100 employees worldwide as the San Francisco technology company reorganizes around artificial intelligence, its founders told employees Thursday. The company, which provides internet security, performance and cloud networking services, announced the layoffs the same day it reported first-quarter revenue of $639.8 million, up 34% from a year earlier. In…
On Thursday, Sound Transit is expected to outline how it plans to address a $34.5 billion shortfall over the next 20 years, a gap that could reshape future light-rail expansion plans across the region. Details are expected during the Sound Transit Board’s executive committee meeting, which starts at 10:30 a.m. Parts of Seattle, along with…
It has only been a month since Southwest Airlines’ first planes touched down in Sonoma County, but an airline turf battle is brewing in California’s wine country. Now, the region is getting three new routes from Alaska Airlines, its longest-serving carrier. Alaska on Thursday announced it’ll launch service this fall from Sonoma to three western…
Prediction market startup Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. That’s double the $11 billion valuation Kalshi nabbed just five months ago after raising a $1 billion Series E. This latest round was led by Coatue, with participation from Sequoia, Andreessen Horowitz, and Paradigm. The startup…
David Mcnew/Getty Images The collapse of Spirit Airlines last weekend immediately led to a mass cancellation of its flights and left over 15,000 people unemployed, but there will be further ramifications on commercial aviation. A small airport outside of Pittsburgh was impacted harder than anywhere else. Spirit Airlines was the only commercial carrier flying out…
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, May 6, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equities rose on Friday following a better-than-expected April’s jobs report and as traders eyed developments between the U.S. and Iran. The S&P 500 advanced 0.84% to…
In the wake of significant local election losses, UK Prime Minister Keir Starmer finds himself at a critical crossroads in his leadership of the Labour Party. Despite holding a comfortable parliamentary majority, these results have sparked a renewed debate regarding his political future and the direction of the party, aptly reflecting the complex and often…
In an impactful moment for Costa Rica, the nation welcomed Laura Fernandez as its newly inaugurated right-wing president, marking a pivotal shift in its political landscape. As supporters cheered at a packed national stadium, Fernandez’s vision to tackle organized crime reflects both the challenges facing Costa Rican society and the hope for a safer future….
Elon Musk’s legal effort to dismantle OpenAI may hinge on how its for-profit subsidiary enhances or detracts from the frontier lab’s founding mission of ensuring that humanity benefits from artificial general intelligence. On Thursday, a federal court in Oakland, California, heard a former employee and board member say the company’s efforts to push AI products…
DEKALB COUNTY, Ga. — Officials have identified a woman who died after another driver crashed into her car outside a metro Atlanta Kroger. The crash happened at the Kroger off Wesley Chapel Road around 3:20 p.m. on Wednesday. On Thursday, the DeKalb County Medical Examiner’s Office identified the victim as 49-year-old Giselle Perry. Perry is…
(AP Photo/Jacquelyn Martin) Fox News Chief National Security Correspondent Jennifer Griffin reported on Thursday that the U.S. attacked an Iranian port city with airstrikes, which were initially believed to be carried out by the United Arab Emirates. “NEW: US military just carried out strikes on Iran’s Qeshm Port and Bandar Abbas: Senior US official tells…
Three months ago, Elon Musk wrote on X that Anthropic was “evil,” “misanthropic,” and that the AI lab hated Western civilization. On Wednesday, he leased Anthropic one of his most valuable assets: the world’s biggest supercomputer. But Anthropic-lovers shouldn’t bask too long in Musk’s newfound praise (even if he did decide that “nobody set off…
For many warm weather fruit lovers, the prospect of unlimited ripe and rosy peaches is mouth-watering. For Central California farmers, it’s more of a waking nightmare. To make ends meet, these farmers are now weighing whether to destroy about 3,000 acres, or about 420,000 clingstone peach trees, following the closure of Del Monte Foods canneries…
Shivon Zilis was an under-the-radar executive at Elon Musk’s companies and an OpenAI board member back in 2022. But she was hiding a major secret – Musk was the father of her twins born the year before. Now, her ties to the Tesla CEO have put her at the center of a courtroom battle between…
(Bloomberg) — Oil prices whipsawed Thursday on renewed doubts about a deal to end the US war with Iran and reopen the vital Strait of Hormuz. Most Read from Bloomberg Brent, the global benchmark, closed above $100 a barrel amid signs that both countries are still locking horns over control of the crucial oil and…
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French prosecutors are seeking charges against Elon Musk and his social platform X for child sexual abuse images on the platform, deepfakes, disinformation and complicity in denying crimes against humanity by the platform’s artificial intelligence system, Grok. The Paris public prosecutor’s office said Wednesday it has opened an investigation into X on charges including complicity…
By Juby Babu May 7 (Reuters) – CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure technology company’s shares down more than 9% in extended trading. Demand for services from the so-called neoclouds, such as CoreWeave and Nebius,…
About IRENIREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC. About NVIDIANVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing….
In this article COIN BTC.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies’ major revenue drivers — spot trading in digital assets . Here’s how Coinbase performed in its quarter ended March 31, compared with what Wall Street…
MADISON, Wis. — Madison will soon be saying “hej” to Ikea. The furniture giant announced plans Thursday to bring a new store to the Prairie Towne Center at 215 Junction Rd., which formerly housed Bed Bath & Beyond. The store will be the chain’s second in the state, joining the Oak Creek location that opened in…
Laura Fernandez has been inaugurated as Costa Rica’s new president amid a climate of rising crime and a pressing need for judicial reform. As the first leader from the right-leaning Sovereign People’s Party to hold an absolute majority in the National Assembly, her administration is positioned to implement significant changes that may reshape the country’s…
(Bloomberg) — CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from Bloomberg The chance arrives when CoreWeave reports earnings after the bell…
US job growth continued to strengthen in April as the unemployment rate remained flat, offering another sign that the labor market might be stabilizing. Payrolls rose by 115,000 last month, and the unemployment rate stayed at 4.3%, the Labor Department said Friday. Economists surveyed by Bloomberg had estimated a median gain of 65,000 jobs following…
Apple (AAPL) notched its first intraday record high since December after closing at a record Wednesday. Similarly, the Roundhill Magnificent Seven ETF (MAGS) hit its first all-time intraday record since October. Here are this morning’s intraday record highs: Indexes: Nasdaq Composite (^IXIC), S&P MidCap 400 (^MID), S&P 500 (^GSPC), Nasdaq 100 (^NDX), S&P 500 Equal…
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT Even as numerous international consumer brands shrink their footprints in China, McDonald’s is bucking the trend thanks to consumers like Yue Ma. Over the May Day holidays, Yue showed up at the U.S. fast food giant’s newly opened McDonaldland store in Beijing’s Chaoyang Park —…
The former OpenAI CTO had receipts. But they mostly confuse her own story. May 7, 2026, 7:55 PM UTC The former OpenAI CTO had receipts. But they mostly confuse her own story. May 7, 2026, 7:55 PM UTC Hayden Field is The Verge’s senior AI reporter. An AI beat reporter for more than five years,…
New York — New York City Mayor Zohran Mamdani stood outside a luxury skyscraper in Manhattan for a video on Tax Day to deliver on his trademark plan: “We’re taxing the rich.” The skyscraper, located on ritzy Central Park South and built at a cost of $1.5 billion, seemed a fitting symbol for Mamdani’s video announcing…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54. Two companies developing a therapy…
Apple has agreed to pay $250 million to settle a U.S. class action lawsuit over delayed Siri features, and eligible iPhone users could receive up to a $95 payout. Below, we have answered some key questions regarding the lawsuit. Why Was Apple Sued? In June 2024, Apple previewed new Siri capabilities powered by Apple Intelligence,…