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The Latest Breaking News on Business

Dell lands $9.7bn Pentagon contract just weeks after Trump said 'go out and buy'

Dell Technologies has secured a $9.7 billion (€8.3bn) defence contract to supply Microsoft software across the entire US military, just weeks after US President Donald Trump publicly endorsed the company at the White House.

Euronews

Why Big Companies Are Suddenly Scared Of AI

For the last few years, the world was told the same thing again and again Artificial Intelligence would save companies billions, replace expensive employees, and completely transform businesses forever. Tech giants rushed to inject AI into everything possible. Customer care, coding, hiring, logistics, even decision-making. But now, something unexpected is…

MyLifeXP

Dell lands $9.7 billion Pentagon deal months after Trump-linked donation

Dell has secured a significant $9.7 billion, five-year technology agreement with the US Department of War for military software and cloud services. This deal, awarded after a competitive bidding process, is expected to streamline licensing and save the Pentagon approximately $422 million annually. The contract follows substantial philanthropic contributions from…

The Economic Times

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Getting around Amazon isn't easy

Many online shoppers who order from independent small retailers have no idea who ships their goods

Salon

Trump administration has paid $20bn in tariff refunds, with $65bn more to come

Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffs

The Guardian - US

Could ChatGPT suffer Firefox’s fate? — 'The risk of falling behind is growing exponentially' as rival AI tools Gemini and Claude surge while Copilot stalls

Workplace AI adoption surged dramatically while ChatGPT lost dominance as Gemini and Claude attracted growing numbers of professional users globally.

TechRadar

Labor union participation is on the rise even as U.S. companies spend more than $1.7 billion annually to halt union formation

Last year, Amazon reported spending $26 million on non-attorney consultants to persuade employees not to unionize.

Fortune

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Boeing CEO says 200-jet China deal an 'initial tranche' with more to come

China has committed to buying 200 Boeing jets. This deal is seen as an initial step. Boeing's CEO believes this commitment reopens the Chinese market for narrowbody planes after a ten-year pause. Further orders for 300 to 500 more aircraft are anticipated later. This could significantly boost Boeing's sales in…

The Economic Times

Are Wall Street Analysts Predicting FactSet Research Systems Stock Will Climb or Sink?

As FactSet Research Systems has notably lagged the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the stock’s prospects.

Barchart

US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism

Goldman Sachs has boosted its S&P 500 target for 2026 to 8,000. This optimistic outlook is driven by strong corporate earnings and continued investment in artificial intelligence. The firm anticipates robust profit growth, with AI-related companies expected to be major contributors. This revision reflects growing confidence in the US stock…

The Economic Times

Gold hits two-month low as fresh US-Iran strikes fuel inflation fears, hurt peace hopes

Gold prices fell to a two-month low on Thursday. This happened after new U.S. strikes in Iran boosted the dollar and oil prices. Concerns about inflation and interest rates increased. Spot gold dropped to $4,406.81 per ounce. Other precious metals also saw declines. Investors are now watching U.S. economic data…

The Economic Times

Oil Price Today (May 28): Crude oil surges nearly 3% after Iran says it targeted US airbase in retaliation for fresh American strikes

Oil prices surged as US strikes in Iran heightened fears of shipping disruptions through the Strait of Hormuz. Iran's Revolutionary Guards claimed to have struck a US airbase, while US forces downed Iranian drones and struck a control station. Analysts warn that even a deal may not immediately normalize shipping,…

The Economic Times

Gold eases as US-Iran tensions cloud interest rate outlook

Gold prices dipped as escalating U.S.-Iran tensions fueled oil price surges, sparking inflation worries and casting a shadow over the Federal Reserve's interest rate decisions. Investors are now keenly awaiting crucial U.S. economic data for further policy direction. Meanwhile, other precious metals like silver, platinum, and palladium also experienced declines.

The Economic Times

Dollar Recovers on Conflicting US-Iran Peace Plans

The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals about prospects for a US-Iran deal to end the war and reopen the Strait of Hormuz. Iranian television said it obtained an unofficial draft of...

Barchart

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Tom’s Guide

Hackers allegedly stole 40 million records from Charter Communications — everything you need to know

The cable company Charter Communications suffered a data breach but is denying that any sensitive customer information was taken.

Barchart

Jesus Has a Stock Portfolio: NVDA, MSFT, and Other Tech Giants that the Church of Latter-Day Saints Is Betting Big On

The LDS Church and its investment arm have leaned heavily on the AI revolution, and so far it's working out pretty well for them. Here's what institutional investors should take away from the church's gamble.

Barchart

Greg Abel Is Trying to Break Berkshire Hathaway’s Losing Streak on Airlines with New Delta Stock Bet

Famed Berkshire Hathaway CEO Warren Buffett didn't have a lot of luck with the airline industry.

Barchart

Chipotle Mexican Grill Stock: Is Wall Street Bullish or Bearish?

Although Chipotle Mexican Grill has underperformed the broader market over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.

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news in one place.

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TechRadar

Charter Communications confirms data breach — ShinyHunters blamed after threat to leak user info online

ShinyHunters claims 40 million stolen records, including names, but Chartered says no PII taken.

MarketBeat

Salesforce Q1 Earnings Call Highlights

Salesforce (NYSE:CRM) reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products. Chair and CEO Marc Benioff said Salesfor

The Independent UK

Fair housing groups file lawsuit arguing a federal rule change removes protections

Fair housing groups have filed a lawsuit over a rule change by the Trump administration that they allege reverses decades of lending protections and opens the door to discrimination against Black people, Latinos and other minorities

Tom’s Hardware

Samsung chip workers vote to accept $340,000 average bonus, ending months-long strike threat — resentment over deal has slowed down Samsung foundry division

The agreement allocates 10.5% of Samsung's semiconductor division operating profit as stock-based bonuses.

Barchart

Are Wall Street Analysts Bullish on TransDigm Group Stock?

While TransDigm Group has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

TechRadar

Researchers say Google AI Mode changes recommendations based on your emails — and it risks creating a giant confirmation-bias machine

Researchers claim Google AI Mode may prioritize brands found in your Gmail inbox, raising fears that AI-powered search could a confirmation-bias machine.

The Economic Times

Americans are earning more, but still can’t afford homes - here’s why families now need more than $116,000 income to buy a house in the US

US housing market 2026: Despite rising wages, many American families find homeownership increasingly out of reach as housing costs outpace income growth. A significant income gap persists, with the national median household income falling far short of what's needed to afford the average US home. Experts predict these affordability challenges…

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