News

Intel and Micron are poised to break major milestones

Options traders can't get enough of semiconductor stocks.

SEC advances Trump-backed proposal to end mandatory quarterly earnings reports

The SEC formally proposed a rule change that would allow companies to file semiannual reports on a new form, 10-S, in place of the traditional quarterly10-Qs

Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities

Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.

After Coinbase, prediction market traders forecast more tech layoffs ahead

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

Milken-adjacent Power100 attendees aim to reclaim the DEI in finance narrative

Blueprint Capital's Power100 weekend convenes diverse leaders in finance ahead of the Milken Institute Global Conference.

UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses

Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.

Traders are doubtful Cohen's GameStop can pull off monster eBay acquisition

Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.

Kalshi traders see April jobs report coming in better than economists' estimates

The figure is higher than consensus estimates for 57,000 jobs gained in April, according to analysts polled by FactSet.

Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders

With a lack of a breakthrough in negotiations between the U.S. and Iran, traders increasingly see traffic returning to normal later and later.

Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms

The move marks Anthropic's latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI

Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump

Many in the investment community were reassured by Abel's firm grasp over Berkshire's sprawling enterprise.
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