Markets
55 articles
Data Centers Now Outbuild America's Transportation
For the first time, private spending on building data centers has surpassed public outlays on transportation structures, a milestone that captures the staggering scale of the AI infrastructure boom.
Trump Says He Doesn't Care if Iran Talks Are Over as Oil Surges Past $95 on Strait of Hormuz Threat
President Trump told CNBC he 'couldn't care less' if Iran peace negotiations are over, sending oil prices surging past $95 a barrel as Iran vowed to completely close the Strait of Hormuz following Israeli strikes in Lebanon.
Anthropic Files Confidential IPO Prospectus at $965 Billion Valuation: What Investors Need to Know
Anthropic has confidentially filed an S-1 registration statement with the SEC, setting the stage for a potential public offering as early as October 2026 at a near-$1 trillion valuation following its $965 billion Series H round.
S&P 500 Notches Ninth Straight Weekly Win as Nasdaq Surges 8% in May: Three Forces Behind the Rally
The S&P 500 closed May at 7,580 with a nine-week winning streak as Iran ceasefire hopes, a blockbuster Dell earnings report, and relentless AI enthusiasm drove markets to record highs.
Nvidia Bets $6.5 Billion on Silicon Photonics to Solve AI's Copper Bottleneck
Nvidia has committed $6.5 billion to silicon photonics companies since March 2026, backing Lumentum, Coherent, Marvell, Corning, and Ayar Labs to replace copper interconnects with light-based data transfer in AI data centers.
Dell Records Best Day in Company History as AI Server Revenue Surges 757% in One Quarter
Dell Technologies stock surged 32% on Thursday, the company's best single-day performance ever, after Q1 FY2027 earnings revealed AI server revenue of $16.1 billion, up 757% year over year.
European Firms Are Deepening China Ties Despite EU Pressure to Pull Back
New data shows the majority of European companies are maintaining or expanding manufacturing in China, defying EU de-risking policy goals as automation, cost advantages, and supply network depth keep multinationals committed to Chinese production.
China's Industrial Profits Surge 24.7% in April, Fastest Growth in Two Years
China's factory sector recorded its sharpest profit growth since late 2023 in April 2026, driven by AI-linked exports, electronics demand, and mining gains, even as domestic consumption remains soft.
Robinhood Launches AI-Powered Agentic Trading and a Credit Card for AI Agents
Robinhood has launched agentic trading accounts and a virtual credit card for AI agents, letting users delegate stock trades and purchases to autonomous AI with 3% cash back.
Japan and South Korea Hit Record Highs as Investors Weigh Iran Ceasefire and AI Chip Rally
Japan's Nikkei 225 and South Korea's Kospi both hit record highs on Wednesday as markets digested US military strikes in Iran, fragile ceasefire dynamics, and a surging AI chip sector.
SK Hynix Crosses the $1 Trillion Mark as AI Chip Demand Rewrites the Global Semiconductor Map
SK Hynix shares surged 11% on Wednesday as the South Korean chipmaker joined Samsung above the $1 trillion valuation milestone, fueled by insatiable demand for HBM memory in AI systems.
European Stocks Hit Post-War Highs as US-Iran Talks Push Oil Below $100
European stocks climbed to their highest levels since March 2 as US-Iran nuclear negotiations advanced, pushing Brent crude below $100 per barrel and lifting investor sentiment globally.