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Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal Source link
For the last several years, Motorola’s smartphone headliners were the Razr flip phones, but 2026 is different. This time around, Moto’s first tablet-style foldable, the Razr Fold, somewhat overshadows the flip phones, but a bulky $2,000 folding phone that isn’t made by Samsung occupies the smallest niche in the smartphone market. A Razr flip phone is much more practical, both financially and logistically. But are these phones actually worth buying over a flat phone? Smartphones are no longer something you need to convince people to buy. Unless you’re going out of your way to exclude technology from your daily life,…
The Treasury inquiry is looking at student loan plans in England and whether repayment terms are “reasonable”. Source link
Foot Locker is slowly getting back to growth, but the costly turnaround of the legacy sneaker store is still weighing on its parent company Dick’s Sporting Goods’ bottom line, as the company posted an earnings miss on Wednesday. In the three months ended May 2, Dick’s incurred $96.5 million in charges related to the acquisition. That includes $53.8 million for merger and acquisition costs like severance and store closings, and $42.7 million to clear through sale inventory. Those expenses contributed to a miss on Dick’s bottom line, as top line results exceeded expectations. Meanwhile, Foot Locker eked out comparable sales growth of…
NVIDIA unveils new Taipei campus, plans $150 billion investment Source link
In the wake of attacks on CEOs, a nationwide protest movement targeting data centers, and increasing concerns about AI job replacement, federal intelligence agencies and domestic law enforcement are circulating reports with a new domestic target in mind: anti-technology extremists. More than 1,000 pages of unpublished reports from the Department of Homeland Security, FBI, and fusion centers obtained by WIRED show a national shift taking place to surveil this new and worryingly broad category of people and activities deemed an emerging threat. This new effort follows President Donald Trump’s National Security Presidential Memo 7, which instructs the Department of Justice…
Rep. Brian Fitzpatrick, R-Pa., talks with a reporter in the U.S. Capitol’s Statuary Hall on Friday, March 27, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesRepublicans have said for months that inflation is former President Joe Biden’s problem. Now, they’re staring down the barrel of an inflation crisis of their own making just in time for the midterm election, and the blame game is just getting started. Inflation ticked up to 3.8% year-over-year in April, the highest mark since 2023. Much of that spike is coming on the back of soaring energy prices, which have persisted since President…
Options traders are convinced the “SaaS-pocalypse” is over. Whether that’s true will likely depend on the market’s reaction to Salesforce earnings after the bell Wednesday.Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more than twice as many calls traded as puts, with a heavy bias toward call-buying. By comparison, five times more puts traded in the VanEck Semiconductor ETF (SMH) than calls.Cloud giant Salesforce, down more than 50% from its all-time highs more than 18 months ago, will likely have an outsized impact…
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2025 in New York City. Spencer Platt | Getty Images News | Getty ImagesTreasury yields fell on Wednesday as investor optimism over a potential settlement to the war in Iran was undented by pressure on the fragile ceasefire between Washington and Tehran. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.465%.The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, also fell more than 2…
US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say Source link