Author: franperez66q@protonmail.com
Senior Walmart executives depart amid rejig under new CEO, memo shows Source link
Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan, May 19, 2025.Ann Wang | ReutersQualcomm shares surged 12% on Friday and are now up 75% in the past month, as the chipmaker’s increasingly central position in the physical AI boom becomes more apparent to Wall Street. The stock is trading at a record. Although Qualcomm has fallen behind giants like Nvidia in the race for chips to power AI models and workloads, the company is using its dominance in smartphones to cement its role as a key player in connected devices, whether it’s eyeglasses, cars or robots. OpenAI…
Palantir UK chief says blocking £50m Met deal will give “hostile states and criminals an advantage”. Source link
A Walmart store is seen on Feb. 3, 2026 in Austin, Texas. Brandon Bell | Getty ImagesTwo top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday.Tom Ward, the chief operating officer of Walmart’s warehouse Sam’s Club, is retiring, while Cedric Clark, Walmart’s executive vice president of U.S. store operations, is leaving the business, internal memos viewed by CNBC shows. A replacement for Clark is expected to be announced in the “coming weeks,” the memo stated. It’s unclear when the company expects to fill Ward’s position. The leadership shuffle comes after Furner…
Scynexis stock falls 7% on reverse stock split announcement Source link
Pilots’ voices from the last seconds of a fatal cargo plane crash have been re-created by Internet sleuths using software and AI tools. The spread of reconstructed audio recordings has prompted a US government agency to suspend all public access to its database of civil transportation accidents—because federal law prohibits investigators from publicly releasing audio from cockpit voice recorders. The US National Transportation Safety Board (NTSB) usually shares factual reports and evidence gathered from investigations of aircraft crashes and other civil transportation incidents. But on May 21, the NTSB announced that the online docket system containing such information was “temporarily…
Kilmar Abrego Garcia leaves a check-in at the U.S. Immigration and Customs Enforcement Baltimore Field Office the day after a federal judge ordered his release from a detention in Pennsylvania, on Dec. 12, 2025 in Baltimore, Maryland.Chip Somodevilla | Getty ImagesA federal judge in Tennessee on Friday dismissed human smuggling charges against Kilmar Abrego Garcia, a Salvadoran migrant whose mistaken deportation by the Trump administration became a flashpoint in President Donald Trump’s broader immigration crackdown.U.S. District Judge Waverly Crenshaw ruled that the Justice Department’s prosecution of Abrego Garcia was “vindictive,” finding that the government would not have brought the case…
US President Donald Trump and Donald Trump Jr. walk on the south lawn toward the White House in Washington, DC, on May 3, 2026. Mandel Ngan | AFP | Getty ImagesPresident Donald Trump on Friday said he won’t attend the wedding this weekend of his eldest son, Donald Trump Jr., to socialite Bettina Anderson.The president had suggested on Thursday that he would not be able to be at the wedding, which reportedly will be held in the Bahamas, because of his focus on the conflict with Iran and other issues.”While I very much wanted to be with my son, Don…
SEC delays plan for crypto firms to trade tokenized stocks Source link
Omar Mariques | Lightrocket | Getty ImagesReddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users to congregate and create discussion groups.Forum, launched as a test app on Apple’s iOS, is part of Facebook Groups. Analysts at Truist wrote in a note on Friday that it’s “an attempt by the company to compete against Reddit as an online forum for public discourse” and “represents a new threat.”Reddit’s stock is now down almost 40% this year despite a strengthening online ad business. In April, the company…