The game already feels like a relic – so I suspect the TV gameshow will be very annoying indeed. But perhaps this is what newspapers need to stay afloat Anyone who has watched television knows that late-night talkshow hosts have a habit of pulling entertainment formats from the barest of inspirations. James Corden got Carpool Karaoke from the act of singing songs in the car. Jimmy Fallon got Lip S...
The game already feels like a relic – so I suspect the TV gameshow will be very annoying indeed. But perhaps this is what newspapers need to stay afloat Anyone who has watched television knows that late-night talkshow hosts have a habit of pulling entertainment formats from the barest of inspirations. James Corden got Carpool Karaoke from the act of singing songs in the car. Jimmy Fallon got Lip Sync Battle from the act of mouthing along to songs in the mirror. And now Fallon has struck again. He’s making a Wordle gameshow. It’s based on Wordle , that puzzle you used to do while sitting on the toilet. Fallon’s production company, Electric Hot Dog, has acquired the rights to Wordle and will turn it into a show where teams compete to solve puzzles for cash. The show will film in Manchester, England, this summer and debut on NBC next year. Continue reading...
Alex Wong/Getty Images News The fragile, monthlong ceasefire between the U.S. and Iran reached a critical juncture Monday, with President Donald Trump declaring the agreement on “massive life support” after dismissing Tehran’s latest peace proposal. Speaking from the Oval Office, Trump characterized Iran’s response to last week’s U.S. proposal as a “piece of garbage,” adding that he “didn’t even f...
Alex Wong/Getty Images News The fragile, monthlong ceasefire between the U.S. and Iran reached a critical juncture Monday, with President Donald Trump declaring the agreement on “massive life support” after dismissing Tehran’s latest peace proposal. Speaking from the Oval Office, Trump characterized Iran’s response to last week’s U.S. proposal as a “piece of garbage,” adding that he “didn’t even finish reading it." Iran reportedly demanded a lifting of Washington’s naval blockade and sanctions relief while seeking to maintain some control over traffic through the Strait of Hormuz. Trump stopped short of indicating whether military strikes against Iran would resume, though he mentioned reviving plans to escort ships through the strategic waterway. The Strait of Hormuz remains largely blocked, preventing Iran and other Persian Gulf nations from exporting energy supplies through the crucial passage—which carried approximately one-fifth of global oil and liquefied natural gas before hostilities began. Oil ( USO ) ( BNO ) prices remain elevated as the standoff continues. The president said any deal between the U.S. and Iran would require Iran to vow to stop implementing a nuclear program before he was willing to sign on. “You know, in war, you have to change, you have to be flexible, you have a lot of plans, but you have to do different plans in different days,” Trump noted. “But I have a great plan– but the plan is they cannot have a nuclear weapon,” he added. “And they didn’t say that in their letter.” Dear readers : We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on United States Oil Fund LP ETF, Crude Oil Futures, etc. Trump-Xi Summit: Rare Earths, Oil And A Fragile Truce Commodities: Oil Surges As Peace Deal Hopes Fade 5 Reasons To Be Positive About U.S. Stocks In 2026 Trump says he wants temporary gas tax suspension to blunt surging pump prices Trump weigh...
Meta Platforms (NasdaqGS:META) has signed a first-of-its-kind partnership with Overview Energy to tap orbital space solar energy for future AI data centers. The agreement is designed to supply around-the-clock clean power beamed from satellites directly to Meta's planned infrastructure. The move targets long term energy needs, cost visibility, and ESG considerations as AI and cloud computing deman...
Meta Platforms (NasdaqGS:META) has signed a first-of-its-kind partnership with Overview Energy to tap orbital space solar energy for future AI data centers. The agreement is designed to supply around-the-clock clean power beamed from satellites directly to Meta's planned infrastructure. The move targets long term energy needs, cost visibility, and ESG considerations as AI and cloud computing demand more electricity. For investors watching AI and cloud build outs, Meta sits at the junction...
Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and ...
Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and ...
asbe/iStock via Getty Images BTC crossed a key structural level, but options flow still wants confirmation - and ETH is not confirming the move. 1. Investment Thesis Bitcoin ( BTC-USD ) cleared $80K. That matters. In my previous article , $80K was still the question - not the answer. The persistent call book above that strike, written for 92 consecutive days with $56.7M total volume in the prior p...
asbe/iStock via Getty Images BTC crossed a key structural level, but options flow still wants confirmation - and ETH is not confirming the move. 1. Investment Thesis Bitcoin ( BTC-USD ) cleared $80K. That matters. In my previous article , $80K was still the question - not the answer. The persistent call book above that strike, written for 92 consecutive days with $56.7M total volume in the prior persistent-instrument report, looked like structural supply. Now spot has crossed it. But the options market did not behave like a confirmed bullish breakout. May 7 was the first positive-delta session above $80K, but the dominant trades were deep ITM September $66K and $68K calls. That looks more like long exposure being repositioned than fresh upside being chased. ETH ( ETH-USD ) is the sharper contrast. While BTC crossed $80K, ETH stayed range-bound between $2,289 and $2,382. The ETH options flow turned more defensive in the second half of the period: May 7 and May 9 both showed extreme put PCRs, driven by large put activity across Jun and Dec expiries - including fully bought protection on May 9 and written high-strike puts on May 7. The BTC/ETH divergence table flagged it directly: BTC bullish / ETH defensive divergence on May 7, with BTC delta-positive and ETH delta-negative on the same day. My base case: BTC has crossed $80K, but I need one high-volume session with positive delta and call-heavy adjusted PCR before calling this a regime shift. That is constructive - not confirmed. ETH makes the setup less clean: spot has not responded to BTC’s move, while defensive put structures there expanded through the second half of the window. For investors, the practical read is that $80K is now the level to confirm as support, not proof that a new regime has begun. 2. Market Context The data period runs May 1 to May 10. The previous article closed with BTC at $78,681 and one open question: the May 6 $80K call bought on May 2 - did it expire in the money? It did trade in the mon...
Judge Who Oversaw Utah Gerrymander Resigns For Affair With Plaintiff's Attorney Authored by Ben Sellers via HeadlineUSA , With partisan battle lines being drawn nationwide in a legal showdown over redistricting, Utah may be next in line after the judge who forcibly gerrymandered a congressional seat for Democrats stepped down in disgrace. Diana Hagen, a justice on the Utah Supreme Court resigned F...
Judge Who Oversaw Utah Gerrymander Resigns For Affair With Plaintiff's Attorney Authored by Ben Sellers via HeadlineUSA , With partisan battle lines being drawn nationwide in a legal showdown over redistricting, Utah may be next in line after the judge who forcibly gerrymandered a congressional seat for Democrats stepped down in disgrace. Diana Hagen, a justice on the Utah Supreme Court resigned Friday in a letter to Gov. Spencer Cox. Utah News Dispatch: Utah Supreme Court Justice Diana Hagen announces her resignation from the court. Hagen faced allegations she had a relationship with an attorney involved in a case about redistricting, which led to Utah getting a new congressional map. pic.twitter.com/aFQI3Uw8Lf — Politics & Poll Tracker 📡 (@PollTracker2024) May 8, 2026 Hagen had joined in the court opinion for League of Women Voters of Utah v. Utah State Legislature , which forced the red state to redraw its Republican-friendly maps in 2024. Although Utah’s map currently has Republicans representing all four seats, the courts said it must redraw the maps ahead of the 2026 election to create a Democrat-favorable district around Salt Lake City. The case centered on a 2018 ballot initiative that sought to create an independent voting commission to draw the maps. The legislature later passed its own 2020 law that limited the commission to an advisory role, but the courts determined it lacked the authority to do so. Hagen subsequently recused herself from the proceedings after her ex-husband leaked text messages showing that she had been conducting an affair with attorney David Reymann, who was representing the plaintiffs in the redistricting case. Although an independent investigation by the Judicial Conduct Commission found the allegations against Hagen had “very little credibility,” she continued to face pressure to resign over the perceived conflict of interest. In her letter of resignation, Hagen cited the extra scrutiny on her private life and the toll it had take...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on January 20, 2026. Harun Ozalp | Anadolu | Getty Images Microsoft CEO Satya Nadella took the stand to testify in the Musk v. Altman trial in federal court in Oakland, California, on Monday. Na...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on January 20, 2026. Harun Ozalp | Anadolu | Getty Images Microsoft CEO Satya Nadella took the stand to testify in the Musk v. Altman trial in federal court in Oakland, California, on Monday. Nadella, wearing a navy suit with a blue tie, began his testimony by answering questions about his role at Microsoft and the early days of the company's strategic partnership with OpenAI. In 2024, Elon Musk sued OpenAI , its CEO, Sam Altman , and its president, Greg Brockman , alleging that they went back on their vow to protect the artificial intelligence company's nonprofit structure and follow its charitable mission. Microsoft is named as a defendant in the lawsuit, as Musk accuses the company of aiding and abetting OpenAI's purported breach of charitable trust. Microsoft has been one of OpenAI's major backers since 2019, years before the company rocketed into the mainstream with the launch of its ChatGPT chatbot in late 2022. Microsoft's more than $13 billion worth of investments in OpenAI, including a $1 billion investment in 2019, a $2 billion investment in 2021 and $10 billion in 2023, have come up repeatedly over the course of the trial. Musk, who testified late last month , said Microsoft's $10 billion investment was the key tipping point that made him believe OpenAI was violating its nonprofit mission. He testified that the scale of the investment bothered him, and it prompted him to open a legal investigation into OpenAI. "I was concerned they were really trying to steal the charity," Musk said from the stand. Read more CNBC tech news Nintendo stock plunges after Switch 2 price hike and weak sales forecast Alphabet's 160% rally in a year reflects value of owning 'most of the stack' in AI Nvidia embraces role of AI investor, pushing past $40 billion in equity bets t...
BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Corporation ( NVDA ) still looks like a strong bet heading into Q1 FY27 on May 20th . The setup’s not really like anything from a few years back: bigger numbers, more people watching, and the roadmap feels clearer now. Last time, I gave it a Buy rating at $182. Since then, the stock has moved higher and is now trading at $215.20. Basically, t...
BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Corporation ( NVDA ) still looks like a strong bet heading into Q1 FY27 on May 20th . The setup’s not really like anything from a few years back: bigger numbers, more people watching, and the roadmap feels clearer now. Last time, I gave it a Buy rating at $182. Since then, the stock has moved higher and is now trading at $215.20. Basically, the core idea here, that NVDA’s momentum isn’t just living up to the hype but is actually pushing investors to raise their expectations, has played out, again and again. Folks keep coming back to the same worries: that AI spending is getting out of hand, that data center growth can’t last, that inventory piles mean trouble, or that big cloud customers are about to squeeze NVDA’s margins to death. But the Q4 FY26 report and management Q&A showed total revenue up 73% year over year, record sequential growth, tight supply for advanced architectures, and FY26 free cash flow of $97 billion. The business keeps pulling away from the old boom-and-bust tech cycles. NVDA The market still seems slow to catch that NVDA isn’t just a chip seller anymore. They’re basically building themselves in as the default backbone for generative AI and these new multi-modal "agent" workloads, with management saying Nvidia is now a platform company spanning CUDA-X, systems, and AI factories and that agentic and physical AI applications are beginning to drive financial performance. Q4 FY26 revenue hit $68.1 billion, most of that from data centers, $62 billion, up 75% from last year. Networking blew up too, generating $11 billion, up more than 3.5x year-over-year. This isn’t just a one-off spike, either; scale is making it snowball, and there’s no sign of it snapping back to normal yet, with management saying it expects tightness in supply for advanced architectures to persist. Gross margin matters here; it hit 75%, up from 73% last year, and non-GAAP gross margin nudged even higher to 75.2%. Margins abo...
BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Corporation ( NVDA ) still looks like a strong bet heading into Q1 FY27 on May 20th . The setup’s not really like anything from a few years back: bigger numbers, more people watching, and the roadmap feels clearer now. Last time, I gave it a Buy rating at $182. Since then, the stock has moved higher and is now trading at $215.20. Basically, t...
BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Corporation ( NVDA ) still looks like a strong bet heading into Q1 FY27 on May 20th . The setup’s not really like anything from a few years back: bigger numbers, more people watching, and the roadmap feels clearer now. Last time, I gave it a Buy rating at $182. Since then, the stock has moved higher and is now trading at $215.20. Basically, the core idea here, that NVDA’s momentum isn’t just living up to the hype but is actually pushing investors to raise their expectations, has played out, again and again. Folks keep coming back to the same worries: that AI spending is getting out of hand, that data center growth can’t last, that inventory piles mean trouble, or that big cloud customers are about to squeeze NVDA’s margins to death. But the Q4 FY26 report and management Q&A showed total revenue up 73% year over year, record sequential growth, tight supply for advanced architectures, and FY26 free cash flow of $97 billion. The business keeps pulling away from the old boom-and-bust tech cycles. NVDA The market still seems slow to catch that NVDA isn’t just a chip seller anymore. They’re basically building themselves in as the default backbone for generative AI and these new multi-modal "agent" workloads, with management saying Nvidia is now a platform company spanning CUDA-X, systems, and AI factories and that agentic and physical AI applications are beginning to drive financial performance. Q4 FY26 revenue hit $68.1 billion, most of that from data centers, $62 billion, up 75% from last year. Networking blew up too, generating $11 billion, up more than 3.5x year-over-year. This isn’t just a one-off spike, either; scale is making it snowball, and there’s no sign of it snapping back to normal yet, with management saying it expects tightness in supply for advanced architectures to persist. Gross margin matters here; it hit 75%, up from 73% last year, and non-GAAP gross margin nudged even higher to 75.2%. Margins abo...
shcherbak volodymyr/iStock via Getty Images Thesis Red Cat Holdings, Inc. ( RCAT ) reported a pretty mixed set of 1Q26 results relative to the market’s expectations last week. GAAP EPS came in at -$0.22, missing estimates by about $0.10. Elsewhere, revenue managed to reach $15.5 million, a figure that also fell short of consensus by about $3.28 million. Now, despite the miss, that revenue figure s...
shcherbak volodymyr/iStock via Getty Images Thesis Red Cat Holdings, Inc. ( RCAT ) reported a pretty mixed set of 1Q26 results relative to the market’s expectations last week. GAAP EPS came in at -$0.22, missing estimates by about $0.10. Elsewhere, revenue managed to reach $15.5 million, a figure that also fell short of consensus by about $3.28 million. Now, despite the miss, that revenue figure still surged 850% year-over-year, so there is clearly some strong growth momentum here, just not enough to meet Street forecasts. My bull case for Red Cat here would be that the current valuation, whilst pretty elevated, could potentially be justified if the company successfully executes in this new massive demand environment they are targeting. If we do see Red Cat scale revenue toward or even beyond management’s $150 million to $180 million target , which is tipped to be helped by some large defense contracts and their growing $700 million pipeline, while also expanding gross margins toward the 30% mark, then today’s 7x to 8x forward sales multiple could compress quite rapidly on strong top-line growth. In that scenario, I see the company transitioning into a scaled, multi-domain defense platform with both UAV and USV competing tech, along with recurring government demand. The market could continue rewarding it with a premium multiple given its exposure to a $50 billion autonomous warfare spending cycle, which would create meaningful upside from current levels. 1Q26 Results Last week, Red Cat showed us a pretty striking top-line performance for 1Q26 . Revenue surged about 849% year-over-year, coming in at around $15.5 million. In my opinion, this kind of growth is quite rare and would go to show just how much the company has transformed from early-stage commercialization into a more scaled revenue phase. Now, this is very much due to defense contracts and the increasing adoption of Black Widow systems. But what’s just as notable is just how much improvement we’re seeing in...
watch now VIDEO 3:54 03:54 President Trump: Ceasefire is on life support Money Movers President Donald Trump on Monday said that what remains of the U.S. ceasefire with Iran is "on life support" after Tehran sent an "unacceptable" counter to Washington's proposal to end the war. The state of the month-old truce is "unbelievably weak," Trump told reporters in the Oval Office. "I would call it the w...
watch now VIDEO 3:54 03:54 President Trump: Ceasefire is on life support Money Movers President Donald Trump on Monday said that what remains of the U.S. ceasefire with Iran is "on life support" after Tehran sent an "unacceptable" counter to Washington's proposal to end the war. The state of the month-old truce is "unbelievably weak," Trump told reporters in the Oval Office. "I would call it the weakest, right now, after reading that piece of garbage they sent us — I didn't even finish reading it," Trump said. "I would say the ceasefire is on massive life support, where the doctor walks in and says, 'Sir, your loved one has approximately a 1% chance of living,'" he said. The testy ceasefire began on April 8, on the heels of Trump threatening to destroy Iran's "whole civilization" if no deal was struck. It was originally slated to last just two weeks, but Trump unilaterally extended it on April 21. The ceasefire has been on shaky ground from its earliest days, as each side has accused the other of violating its terms. Trump, in announcing the truce on April 7, said that the agreement was conditioned on Iran immediately reopening the Strait of Hormuz, the vital pathway for global oil shipping that has been virtually closed since the war began. After traffic through the strait failed to pick up to pre-war levels, Trump ordered a U.S. naval blockade in the Gulf of Oman to stop ships from entering of exiting Iranian ports. The ceasefire has failed to stop all attacks in the region. Last week alone, Iran attacked the United Arab Emirates , the U.S. and Iran traded fire in the strait and the Pentagon said it struck two Iran-flagged oil tankers . This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after US Apr existing home sales rose less than expected. Also, strength in the Chinese yuan is weighing on the dollar after the yuan rallied to a 3-year high...
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after US Apr existing home sales rose less than expected. Also, strength in the Chinese yuan is weighing on the dollar after the yuan rallied to a 3-year high...