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The Latest Breaking News on Business

US set to drop criminal charges against Indian billionaire Gautam Adani after $18m settlement

Reversal comes after Adani hires new legal team led by Robert J Giuffra Jr, one of president Donald Trump's personal lawyers

The Independent UK

Anonymous bidder pays over $9 million for lunch with Warren Buffett and Steph Curry

Buffett has pledged to match the winning sum, ensuring both his long-supported GLIDE Foundation, a San Francisco homeless charity

The Independent UK

Trump says China may buy up to 750 Boeing planes

China has agreed to buy 200 Boeing aircraft with General Electric engines. This deal could expand to 750 planes. President Donald Trump announced the potential agreement during his visit to Beijing. This significant order comes as Boeing seeks to recover from industry challenges. China is a crucial market for the…

The Economic Times

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POET Technologies and Lumilens Secure $50M Deal to Replace Copper Wires With Light Inside AI Data Centers

Under the deal, the two companies will co-develop wafer-level photonic modules that replace electrical signals with light, promising lower power draw and higher bandwidth density for the AI facilities that train and run the models consumers use daily.

International Business Times

Are Wall Street Analysts Bullish on United Parcel Service Stock?

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

Barchart

High-stakes courtroom drama of Musk v OpenAI hears closing arguments

Nine-person jury to consider whether AI firm bilked world’s richest person and unjustly enriched themselves

The Guardian - US

AI robot can change your tires in half the time

AI is coming for one of America's dirtiest jobs: changing tires.

Axios

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A Texas town needs Waco’s help to realize its data center dreams. It’s not going well.

Lacy Lakeview’s hasty approach to the data center project has alienated the Waco officials who would control water service to the site. “Without the City of Waco agreeing to it, Lacy Lakeview can’t do anything out there and neither can Infrakey," State Rep. Pat Curry said. "Those guys don’t know…

The Texas Tribune

Cerebras’ blockbuster debut shows the AI infrastructure boom is far from over

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Fortune

Marc Jacobs parts ways with LVMH after nearly 30 years

The American designer, 63, will stay on as creative director as his label changes hands for the first time in three decades, with LVMH pressing ahead with a broader portfolio clear-out.

Euronews

Why is Gold price crashing today? Check latest gold rate

Gold price prediction: Gold rate is undergoing volatile phase as Strait of Hormuz is closed due to US-Iran conflict.

The Economic Times

NU Q1 Earnings Call Highlights

NU (NYSE:NU) executives said the digital banking company delivered another quarter of customer growth, revenue expansion and operating leverage, while emphasizing that higher credit provisions in the first quarter reflected seasonality, portfolio growth and product mix rather than deterioration in u

MarketBeat

Newsmax Q1 Earnings Call Highlights

Newsmax (NYSE:NMAX) reported higher first-quarter 2026 revenue and a sharply narrower net loss, as growth in affiliate fees and licensing helped offset weaker digital advertising, subscription and product sales revenue. Chief Executive Officer Chris Ruddy said the company delivered “a strong start

MarketBeat

Corn Falls Back on Thursday

Corn futures were down 9 to 15 cents in the front months on Thursday, falling with the rest of the grain complex as very few details were announced out of the Trump/Xi meeting. May futures expired today. The CmdtyView national average Cash Corn price was down 13 cents to $4.27....

Barchart

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news in one place.

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The Economic Times

Cerebras shares skyrocket in debut as AI mania grips markets

Cerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scale engine, designed for AI processing, attracted significant investor interest, with major clients like Amazon and OpenAI. This IPO highlights the booming market for AI-focused technology.

The Economic Times

Adani Enterprises, other Adani Group stocks jump up to 3%. Here’s why

Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million is also proposed. This development could lead to the dropping of criminal charges. The Adani Group is reportedly considering substantial US investments.…

International Business Times UK

Laid-Off Spirit Airlines Staffer Amber Vargas Slams James Charles's Apology: 'I Don't Accept It'

James Charles faced backlash after insulting laid-off Spirit Airlines worker Amber Vargas. Despite his apology, Vargas rejected it, highlighting the public embarrassment caused.

Barchart

Carvana Stock Outlook: Is Wall Street Bullish or Bearish?

Though Carvana has lagged behind the SPX over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

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news in one place.

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MarketBeat

Applied Materials Q2 Earnings Call Highlights

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward areas where the company holds leading positions. President and CEO G

MarketBeat

Alpha Cognition Q1 Earnings Call Highlights

Alpha Cognition (NASDAQ:ACOG) reported 40% sequential revenue growth in the first quarter of 2026, as executives said commercial adoption of its Alzheimer’s treatment ZUNVEYL continued to build across prescribers and long-term care facilities. Chief Executive Officer Michael McFadden said the quart

The Independent UK

Need to lower your monthly expenses? Start by cutting these four costs, experts say

‘This summer with tighter budgets for most consumers, every purchase is critical and every dollar counts,’ one expert said

MarketBeat

Genie Energy Q1 Earnings Call Highlights

Genie Energy (NYSE:GNE) lowered its full-year 2026 adjusted EBITDA outlook after a first quarter in which record revenue was offset by weaker retail energy margins, higher customer acquisition spending and investment in early-stage growth initiatives. Chief Executive Officer Michael Stein said the

MarketBeat

WhiteFiber Q1 Earnings Call Highlights

WhiteFiber (NASDAQ:WYFI) reported first-quarter revenue growth and positive adjusted EBITDA as management said the company is nearing initial capacity delivery at its NC1 data center project in North Carolina and continuing to reposition its cloud business toward longer-duration enterprise deploymen

Barchart

Don’t Let MicroStrategy’s Q1 Loss Scare You Off. A New Preferred Stock Strategy Could Benefit Long-Term MSTR Holders.

Strategy reversed course fast, and the numbers suggest this Bitcoin machine is just getting started.

Barchart

Hims & Hers Bets Big on GLP-1 Drugs, But Investors Want Profits Now

Hims & Hers delivered a sharp earnings miss as GLP-1 and international expansion costs surged. Investors now face a classic tradeoff between near-term margins and long-term growth.

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