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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | ReutersIt’s hard to find an AI stock that’s not making new highs on a daily basis.Perhaps that’s why options traders are piling into Super Micro Computer, the data-center server play that’s up 15% Wednesday after earnings, but still down 49% from last year’s high.Options volumes skew bullish in the stock, with almost five times more calls than puts traded Wednesday and call premiums accounting for about 90% of options value traded.Three of the biggest trades by dollar…
Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty ImagesAnthropic on Wednesday announced a deal with Elon Musk’s SpaceX to use all of the compute capacity at his company’s Colossus 1 data center in Memphis, Tennessee.As part of the agreement, Anthropic will get access to more than 300 megawatts of compute capacity, and it also “expressed interest” in working with SpaceX to develop multiple gigawatts of compute capacity in space. Anthropic said the deal will directly improve capacity for its paid…
Anthropic unveils ’dreaming’ feature to help its AI agents self-improve Source link
Google launched its Gemma 4 open models this spring, promising a new level of power and performance for local AI. Google’s take on edge AI could be getting even faster already with the release of Multi-Token Prediction (MTP) drafters for Gemma. Google says these experimental models leverage a form of speculative decoding to take a guess at future tokens, which can speed up generation compared to the way models generate tokens on their own. The latest Gemma models are built on the same underlying technology that powers Google’s frontier Gemini AI, but they’re tuned to run locally. Gemini is optimized…
Secretary of Commerce Howard Lutnick testifies during a during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on the Commerce Department’s 2027 budget request in Washington, DC on April 22, 2026. Nathan Posner | Anadolu | Getty ImagesRead more CNBC politics coverageLutnick’s interview, which will not be under oath, was scheduled to begin at 11 a.m. ET. The interview is not being recorded on video.Lutnick was a New York City neighbor of Epstein, who killed himself in jail in August 2019 after his arrest on federal child sex trafficking charges.Lutnick previously said he cut contact with…
While the broader market grapples with geopolitical instability, Shell plc (SHEL), along with other large integrated oil companies, have benefited from higher oil prices and should warrant investor attention. Despite the dual blockades by both Iran and the US currently roiling the Strait of Hormuz — the most significant energy supply disruption in modern history — Shell’s integrated model and massive trading arm are positioned to thrive. Even if ongoing negotiations lead to a de-escalation, the logistical backlog will take quarters to unwind, keeping energy prices structurally supported, to say nothing of the need to replenish strategic petroleum reserves; an important insurance…
Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, U.S., on Tuesday, April 5, 2022. Jeenah Moon/Bloomberg via Getty ImagesJeenah Moon | Bloomberg | Getty ImagesApollo Global Management CEO Marc Rowan on Wednesday warned investors that he was preparing his giant asset management firm for a potential market downturn and sharply criticized what he called the “egregious” practices of some rival insurers.The current solid economic backdrop — which helped Apollo report a banner quarter, in which the firm reached $1 trillion in assets…
Investing.com — Wealthfront is expanding its digital mortgage platform to Texas, offering prospective homebuyers and refinancers in the state access to rates approximately 50 basis points below the national average, Investing.com has learned. The rollout, which is expected to be announced today, follows the fintech’s move from early access to general availability in Colorado last month. Wealthfront is now licensed in 26 states, up from 19 in November, and plans to continue expanding its geographic footprint throughout the year. The company is able to offer below-average rates by leveraging automation to reduce overhead costs, the same approach it has applied to…
Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence.”Agents are really driving tremendous demand in the overall AI adoption cycle, and we’re very excited to be in the middle of it.” Su told CNBC’s “Squawk on the Street.”The company beat analyst estimates on Tuesday for both earnings per share and revenue in the first-quarter. Revenue climbed 38% year-over-year, with Su highlighting the company’s data center business as the primary driver.”The main thing that I can say…
With local elections taking place in Reading on Thursday, housing issues loom large for voters. Source link