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Cabinet minister Darren Jones updates MPs after the government was accused of withholding some documents. Source link
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty ImagesElon Musk lost his lawsuit against OpenAI CEO Sam Altman on Monday, ending one round in the fight between the former friends and co-founders, and setting the stage for an even bigger battle as the billionaires gear up to lead potentially record-setting initial public offerings. Musk’s SpaceX, which was valued at $1.25 trillion in February after merging with artificial intelligence startup xAI, is planning to disclose its prospectus as soon as this week. Altman’s OpenAI, which Musk…
Nvidia’s outlook will be a test of its strategy to maintain AI dominance Source link
Dario Amodei, chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Ruhani Kaur | Bloomberg | Getty ImagesA federal appeals court in Washington, D.C., is set to hear arguments on Tuesday in Anthropic’s lawsuit over its blacklisting by the Department of Defense, the latest faceoff in the monthslong clash between the Pentagon and one of the country’s leading artificial intelligence companies. The U.S. Department of Justice, on behalf of the DOD, and Anthropic will each have 15 minutes to present their case to a panel of three circuit judges, according…
The SNP leader says the proposed price cap on basic foodstuffs is not intended to force a fight with the UK government. Source link
Pedestrians walk outside Salesforce Tower on Feb. 25, 2026 in San Francisco, California.Benjamin Fanjoy | Getty ImagesCould the software’s long national nightmare be over?As semiconductor shares dragged down the Nasdaq-100 for a second day, quietly, software stocks appear to have found their groove.Shares of the iShares Expanded Tech-Software Sector ETF (IGV) climbed more than 1% Monday, adding to a more-than 20% advance off April lows and trading at the highest since January. For many, that’s enough to call it a bull market.Options traders are leaning into it, selling almost 28,000 puts on the ETF in Monday’s session, a bullish position…
SpaceX’s imminent initial public offering is set to be the biggest stock debut in history — but the sheer scale of the launch could squeeze investor demand for other new listings, market watchers suggest. Samuel Kerr, global head of equity capital markets at Mergermarket, said SpaceX’s long-awaited listing, expected June 12, comes as Europe’s IPO market struggles to build momentum, in sharp contrast to the “completely booming” U.S. market.With a potential $75 billion IPO and a market valuation of $1.75 trillion, SpaceX’s debut offering is “otherworldly,” Kerr said. Such a listing would “dwarf” other recent debuts, including AI chipmaker Cerebras…
Check out the companies making headlines before the bell: Home Depot — The home improvement retailer gained 0.6% after the company reported sales and profit beat expectations. Earnings of $3.43 per share, on an adjusted basis, exceeded the $3.41 per share analysts polled by LSEG were expecting. Revenue of $41.77 billion came in above the forecasted $41.52 billion. Amer Sports — Shares rose 2.9% after the sportswear company behind the Wilson and Salomon brands reported first quarter results that topped analysts’ expectations. Earnings of 38 cents per share, excluding items, topped the FactSet consensus estimate of 31 cents per share.…
Relay Therapeutics stock surges on vascular anomalies trial data Source link
The CNBC Disruptor 50 was not created to be an AI list, but it most certainly is one now. Forty-three of the 50 companies in the 2026 list class say AI is essential to their disruptive business models. That’s the key — AI is at the center of the business model, driving user adoption and revenue growth at unprecedented speed and scale. It should come as no surprise to anyone following the venture capital industry and the private markets that the combined valuation of the companies named to the 2026 Disruptor 50 list has tripled in the last year, to an…