Financial News

Trump canceled a planned AI order over concerns stricter rules could weaken America's lead over China in AI.

As the AI trade broadens, investors rotate from Taiwan Semiconductor to emerging winners like MediaTek and Samsung.

Broadcom, Meta, AMAT & more partner with UCLA for a new $125M AI semiconductor hub to boost research & workforce growth.

(Bloomberg) -- After several years flying high as Asia’s best Nvidia Corp. proxy, Taiwan Semiconductor Manufacturing Co. is increasingly vying with other artificial intelligence stocks for investor attention.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Meloni Ign

Texas sued Meta and WhatsApp, alleging the app misrepresented encryption and accessed private messages, claims Meta denies.

Affirm Holdings Inc. recently expanded its collaboration with Google LLC, rolling out its installment payment options into Google Search, AI Mode, the Gemini app, and Google Pay checkout, while also extending its Royal Caribbean partnership to holidaymakers in the U.K. and Canada on top of the existing U.S. offering. These moves deepen Affirm’s presence across both major travel and technology ecosystems, potentially increasing how often consumers encounter its transparent, fee-free...

The largest U.S. IPOs tend to underperform the market, with a not-insignificant share of those stocks delivering negative returns..

The abrdn Global Dynamic Dividend Fund offers an 11.52% yield by investing primarily in global equities, focusing on dividend income. Read more on AGD CEF here.

TOKYO, May 22, 2026--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Tadakiyo Seki, an engineer at the company’s Engineering and Development Center in Japan, has been awarded the title of Kaggle Competitions Master by Kaggle, Inc., a Google LLC subsidiary and the world’s largest AI competition platform.

Waymo temporarily pauses all U.S. freeway robotaxi operations to address construction zone performance issues while surface street routes remain active.

Major U.S. markets look set to end the week in the green despite a rocky start to the week's trade with bond market jitters still a concern.

Despite global skepticism around India’s AI ambitions and the absence of competitive foundational models, Sunil Gupta, Co-founder & CEO of Yotta Data Services says India’s AI ecosystem is nearing an inflection point, expecting the country to see a huge data center investment wave to the tune of $100 billion in the coming years. He highlights a new wave of startups building credible AI products, as well as the speed at which AI is being adopted by enterprises and government institutions.

(Bloomberg) -- Australian burrito chain Guzman y Gomez Ltd. said it’s closing its Chicago restaurants and exiting the US after failing to generate adequate sales. The company’s shares soared.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

Zacks GenXers Tracey Ryniec and Mark Vickery look back on the late 1990s and compare it with 2026'6 AI Revolution.

Alphabet's Waymo said on Thursday it has suspended its robotaxi service on freeways ‌in the United States and paused its operations ‌in Atlanta, Georgia as it updates software to improve performance around ​construction zones and flooded roadways. The suspension comes as Waymo, which has been growing its robotaxi operation slowly and steadily for years in the U.S., has quickened the pace of ‌expansion, as others, ⁠including Tesla and Amazon's Zoox, step up their push in the sector. "We have temporarily paused ⁠freeway operations, as we work to integrate recent technical learnings into our software and expect to resume these routes ​soon," ​a Waymo spokesperson said in ​an email.

Project Gravity provides advertisers and data owners with a neutral platform that onboards and activates their first party data across Google DV360, The Trade Desk, Meta, TikTok, Amazon, Magnite, and many other Samba partnersSAN FRANCISCO, May 21, 2026 (GLOBE NEWSWIRE) -- Samba TV, the global leader in AI-driven media intelligence, today announced the formation of Project Gravity, a independent platform that provides data onboarding and activation. Project Gravity matches advertiser’s first part

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

Nvidia sits at the absolute peak of its operational power, shielded by its massive CUDA moat, but the macroeconomic and competitive tides are turning.

The AI infrastructure designer signed another multibillion-dollar deal.

Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down SpaceX's (SPAX.PVT) finances ahead of its upcoming initial public offering (IPO).

Alphabet Inc (NASDAQ:GOOG)’s latest AI-focused advertising and commerce announcements could help accelerate search monetization and deepen the company’s role in online commerce, according to Bank of America analysts following Google’s 2026 Marketing Live event. At the event, Google introduced...

Spotify announces a host of AI partnerships and features during its 2026 Investor Day.

The company is able to return value to shareholders while also making major investments in other companies.

The Breathitt County School District in Kentucky had sought over $60 million from Meta and other platforms over students' mental health

New data center will support rising demand for cloud and AI computing.

College and university graduation speeches often reflect the mood of society and the institutions themselves. It isn’t surprising, then, that business leaders speaking at commencements are bumping into some AI agita. Eric Schmidt, former CEO of Google, was booed at the University of Arizona for extolling artificial intelligence, as was a real estate executive at the University of Central Florida.

We discuss the investment case for the space economy and highlight key space ETFs.

SpaceX’s idea is to use solar panel arrays to power floating data centers it calls AI compute satellites.

Meta Platforms on Thursday settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat ‌a mental health crisis allegedly fueled by platforms. The agreement fully resolves a lawsuit brought by Breathitt County School District ‌in eastern Kentucky, following earlier settlements by co-defendants Alphabet's YouTube, Snap and TikTok. The case had been scheduled for a June 15 trial in federal court ​in Oakland, California.

https://techcrunch.com/2026/05/21/waymo-halts-freeway-rides-after-robotaxis-struggle-in-construction-zones/