GameStop is reportedly eyeing a major acquisition.
Category: Business
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Stocks set second-consecutive closing highs
The S&P 500 posted its fifth weekly gain, its longest weekly winning streak since 2024.
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Meta pushes deeper into AI robots with acquisition
Meta, like Tesla and Amazon, wants to be a robotics company, too.
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DeFi logged the most monthly exploits ever in April
The decentralized finance ecosystem saw 28 exploits last month, the highest number since its inception.
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Apple’s capital spending is heading the opposite direction of Big Tech
Apple is taking a different tack than Alphabet, Amazon, Meta, and Microsoft.
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US airlines pop on report Spirit preparing to shut down as government rescue deal fails to gain support
Airline shares spiked immediately following a Wall Street Journal report.
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Estée Lauder gets a glow-up after earnings beat, guidance hike
The beauty giant delivered better-than-expected results while lifting its profit outlook.
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Elon Musk’s companies more than doubled their spending on each other last year
And that’s before Tesla invested $2 billion in xAI, which it has since converted to a stake in SpaceX.
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Tim Cook: Popular Mac mini and Mac Studio will be constrained for “several months”
Apple’s steady effort to optimize its hardware for AI is making the Mac mini and Mac Studio popular with OpenClaw users.
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The dot-com dream of the 1990s is thriving in today’s market
Companies known for their dot-com glory days have been on fire, and they’ve taken a run even higher lately.
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US jobless claims have sunk to the lowest level in more than 50 years
Fewer people are claiming unemployment benefits, as BLS data shows the US labor market hiring less and firing less.
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After bitcoin’s best month in a year, analysts weigh in on factors for it to break $80,000 in May
May has an over 7% average historical return, but whether bitcoin can replicate this result and finally break the $80,000 level hinges on several factors.