News
Health Care Stocks Rose As Earnings Beat And Outlooks Improved
1+ hour, 55+ min ago (102+ words) Oscar Health, Da Vita, and CVS climbed on strong quarterly updates, while Novo Nordisk gained after Bloomberg reported Ozempic generics in China could face approval delays. Health care stocks edged up Wednesday after a wave of better-than-expected quarterly updates, with…...
Meta Plans A Consumer AI Agent And Instagram Shopping Assistant
11+ hour, 48+ min ago (202+ words) The Information reports Meta is testing an Open Claw-style agent codenamed Hatch " built with Anthropic's Claude models so far " and plans to fold a separate agentic shopping tool into Instagram before Q4. Meta is reportedly building a consumer version of its…...
AI Stocks Lead A Global Rally As Oil Slides
1+ hour, 17+ min ago (182+ words) Stocks hit records and bond yields fell as easing war worries weakened the dollar and took pressure off energy prices. Global stocks hit fresh highs as investors embraced a "buy everything" mood, after signs of possible US-Iran de-escalation and another…...
US Airlines" Jet Fuel Bill Jumped 56% In March
5+ hour, 28+ min ago (181+ words) Higher prices and heavier flying pushed fuel spending past $5 billion, prompting fare hikes, route cuts, and renewed bailout talk after Spirit shut down. US passenger airlines saw their jet fuel bill spike in March: the US Transportation Department said major…...
Jeronimo Martins Sold More, But Accounting And FX Hit Profit
4+ hour, 37+ min ago (90+ words) Sales and EBITDA rose in Q1, but lease-related interest and foreign-exchange effects pulled net profit down as cost pressures and deal-hunting shoppers kept retailers on their toes. Portuguese retailer Jeronimo Martins grew first-quarter net sales 6%, but net profit still fell 6. 8% from…...
Corning And Nvidia Team Up To Build AI Data Center Fiber
8+ hour, 3+ min ago (255+ words) The partners plan a major US optical connectivity expansion " lifting Corning's fastest-growing business as other segments stay softer. Corning, a US materials and glassmaker, and Nvidia, a leading AI chip company, are partnering to expand US-made optical connectivity " the fiber…...
Cu Fe's Orlando Study Puts Big Numbers On A Standalone Build
15+ hour, 18+ min ago (425+ words) Finimize Cu Fe's Orlando Study Puts Big Numbers On A Standalone Build A new scoping study for the Northern Territory copper-gold project lays out a AU$141 million capex plan and triple-digit returns, and the stock jumped more than 10% on the…...
Hedge Funds Had Their Best April In Years
11+ hour, 47+ min ago (134+ words) Fast pivots after the US " Iran ceasefire and a broad equity rally helped stock pickers post record gains, while many funds trimmed risk back toward neutral by month-end. Hedge funds logged their best April in years, boosted by a broad…...
Hut 8 Locked In A 15-Year AI Data Center Lease In Texas
11+ hour, 3+ min ago (139+ words) The $9. 8 billion, take-or-pay deal for 352 MW adds contracted capacity through 2027 and shows how Nvidia-led designs are shaping next-gen AI infrastructure. Hut 8, a US-based bitcoin mining and data-center operator, signed a 15-year lease worth $9. 8 billion for its Beacon Point artificial intelligence…...
Lucid's Gravity SUV Hit A Speed Bump In Q1
1+ day, 58+ min ago (121+ words) A seat-supplier snag held back deliveries and deepened losses, even as Lucid raised fresh funding and lined up new products, robotaxi plans, and a new CEO. Lucid Group's first quarter was derailed by a supplier problem with second-row seats, which…...