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JPMorgan Chase Cleared of Trade Surveillance Order, Shares Rise 1%
The Office of the Comptroller of the Currency (OCC) terminated a 2024 consent order against JPMorgan Chase on Thursday. The regulator originally issued the...
Intel Launches Core Series 3 Chips, Bringing AI to Budget Devices
Intel launched its Core Series 3 mobile processors on April 16, 2026. The chips utilize 18A process technology to integrate AI capabilities into mainstream...
TSMC Profit Surges 58% on AI Boom, Lifting 2026 Revenue Forecast
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record first-quarter net profit of NT$572.48 billion. This 58% increase significantly exceeded analyst...
Oracle Shares Jump, Partnering With AWS to Boost Multicloud AI
Oracle expanded its partnership with Amazon Web Services (AWS) to provide direct connectivity between Oracle Cloud Infrastructure (OCI) and AWS. The...
Bitmine Immersion reports $5.2 billion loss, reversing prior quarter profits
Bitmine Immersion Technologies reported a net loss of approximately $5.2 billion for the first quarter of 2026. The company recorded a basic earnings per...
AMD Hits All-Time High on French AI Deal and $265 Target
AMD shares reached a new record high following a multi-year partnership with the French government to advance AI research. The initiative supports the...
Microsoft Launches Fairweather AI Center Early, Sparking Strongest Rally Since 2020
Microsoft launched its Fairweather data center in Wisconsin ahead of schedule to anchor its artificial intelligence infrastructure. CEO Satya Nadella described...
Coinbase shares slide, Charles Schwab launches rival crypto trading platform
Coinbase (COIN) shares fell nearly 1% in early trading on April 16, 2026. The stock dropped to approximately $194.00 per share following the announcement of a...
Alphabet pitches Gemini AI to Pentagon, signaling major military shift
Alphabet is negotiating with the U.S. Department of Defense to deploy Gemini AI models in classified environments. This potential deal signals a strategic...
Luma and Wonder Project Launch AI-Powered Film Studio with Ben Kingsley-led Series on Prime Video
AI R&D firm Luma and faith-focused media company Wonder Project have launched Innovative Dreams, an AI-powered production studio backed by Amazon Web Services...
Berkshire Hathaway Issues ¥272.3 Billion of Yen-Denominated Senior Notes
Berkshire Hathaway Inc. announced the issuance of ¥272.3 billion in aggregate principal amount of yen-denominated senior notes on April 16, 2026. The offering...
AI Labs Buy Failed Startups' Internal Data, Building $1B Training Gyms
AI labs are purchasing internal data archives from failed startups, including Slack messages, Jira tickets, and emails. This "operational exhaust" serves as...
Netflix Drops 8% on Weak Forecast, Despite $2.8B Warner Bros Windfall
Netflix reported first-quarter 2026 revenue of $12.3 billion. This result surpassed Wall Street expectations of $12.17 billion. Revenue grew 16% compared to...
Charles Schwab's first quarter 2026 revenue and EPS beat estimates, driven by record client engagement.
Charles Schwab reported first quarter 2026 revenue of $6.48 billion, up 16% year-over-year, and GAAP EPS of $1.37, an increase of 38% from the prior year. Both...
Robotics Startup Physical Intelligence Unveils Advanced AI Model for General-Purpose Robots
Robotics AI startup Physical Intelligence has announced a new model, π0.7, which it describes as a significant step toward a general-purpose brain for robots....
Netflix's first quarter 2026 revenue grew 16% while EPS was significantly boosted by a $2.8B one-time fee.
Netflix reported first-quarter revenue of $12.25 billion (+16% YoY) and diluted EPS of $1.23, beating consensus estimates of $12.18 billion and $0.76,...
OpenAI Launches GPT-Rosalind with Moderna and Amgen, Targeting Faster Drug Discovery
OpenAI launched GPT-Rosalind, a new series of AI models engineered to accelerate life sciences research. The tool assists scientists in synthesizing evidence,...
Anthropic tests Mythos AI with U.S. agencies, despite Pentagon supply chain ban
U.S. federal agencies are testing Anthropic’s Mythos AI model despite an administration directive. The Commerce Department’s Center for AI Standards and...
Asian Quantum Technology Stocks Rally as South Korean Firms Hit Daily Limits
Quantum technology equities experienced a significant rally during Wednesday’s trading session across several Asian markets. South Korean companies ICTK and...
Anthropic Launches Claude Opus 4.7, Targeting Autonomous Software Engineering Tasks
Anthropic launched Claude Opus 4.7 to automate advanced software engineering and complex coding. The model manages multi-step development tasks with reduced...