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Cursor Targets $50B Valuation in $2B Round, Drawing Nvidia and a16z
AI coding startup Cursor is in advanced discussions to raise approximately $2 billion. The funding round would value the company at more than $50 billion...
Delta Air Lines Gains on Airline Sector Rally Amid Oil Price Decline
Delta Air Lines shares rose +2.86% to $71.89 as the airline sector rallied following the reopening of the Strait of Hormuz and a 10-day Israel-Lebanon...
Tech Giants Grapple with 'Tokenmaxxing' as AI Productivity Metric Sparks Debate
A new trend known as “tokenmaxxing” is gaining traction in the tech industry, where developer productivity is measured by the volume of AI tokens consumed. [2,...
Microsoft Windows Defender Hit by Exploits, Two Zero-Day Flaws Remain Unpatched
Hackers are exploiting three zero-day vulnerabilities in Microsoft Windows Defender to gain elevated system privileges. Cybersecurity firm Huntress observed...
Zoom integrates World ID to verify human users, targeting AI deepfakes
Zoom is partnering with World, the identity firm co-founded by OpenAI CEO Sam Altman. The collaboration integrates World ID into Zoom meetings to verify human...
SanDisk Lands $1,080 Target at BofA, Fueled by AI Demand
Bank of America raised its SanDisk price target to $1,080 from $900. The firm maintains a Buy rating on the stock. Analysts cite strong NAND pricing and a...
SLV rises as silver nears $80, following Lebanon ceasefire and weaker dollar
The iShares Silver Trust (SLV) rose Friday as silver prices rebounded toward $80 per ounce. Premarket trading for SLV indicated gains between 0.4% and 3.4%. A...
Sirius XM Hits 52-Week High, Topping $25 on Market Optimism
Sirius XM Holdings Inc. (NASDAQ:SIRI) reached a new 52-week high on Friday. Shares climbed to an intraday peak of $24.95 before closing near $25.00. The stock...
PayPal shares climb 2%, fueled by speculation of activist investor interest
PayPal (PYPL) stock rose more than 2% on Friday. Market speculation suggests the payments company may become a target for an activist investor. Gordon Haskett...
Booking Holdings surges with travel sector, following 12% oil price plunge
Booking Holdings (BKNG) shares rose on Friday, tracking a broader rally across the travel and hospitality industry. Brent crude oil prices fell 12% during...
Berkshire Hathaway Debuts Greg Abel, Marking First Meeting Without Warren Buffett
Berkshire Hathaway will hold its first annual shareholder meeting without Warren Buffett. The event follows his six-decade tenure leading the conglomerate....
PepsiCo beats Q1 estimates, slashing Lay's prices to revive volume
PepsiCo reported first-quarter results on April 17. Revenue rose 8.5% during the quarter. Total revenue reached $19.44 billion, exceeding analyst expectations....
JetBlue Stock Surges, Seaport Research Upgrades Shares to Buy
JetBlue shares surged Friday after Seaport Research Partners upgraded the stock from neutral to buy. The firm established a price target of $8.00. Shares...
NVIDIA CEO Warns U.S. Export Bans Fuel Chinese Rivals, Costing $8 Billion
NVIDIA CEO Jensen Huang argues the U.S. should permit advanced AI chip sales to China. He states current export restrictions fail to halt China's progress and...
Meta extends Broadcom AI chip deal, joining $600B custom silicon race
Meta Platforms and Broadcom extended their partnership to develop custom AI chips through 2029. The collaboration focuses on Meta’s Training and Inference...
RTX Secures $905M Army Contract for LTAMDS, Advancing Missile Defense Modernization
RTX subsidiary Raytheon secured a $904.6 million contract modification from the U.S. Army. This award funds the low-rate initial production of the Lower Tier...
Nebius Group Slumps, Driven by AI Infrastructure Profit-Taking
Nebius Group N.V. (NASDAQ:NBIS) shares declined on Friday. Traders attributed the drop to profit-taking across high-momentum AI infrastructure stocks. This...
GE Aerospace Stock Surges, Fueled by S&P Upgrade and Jet Engine Deal
GE Aerospace (GE) shares rose on April 17 following a credit outlook upgrade from S&P Global. The agency shifted the company's rating from Stable to Positive...
Oil prices crash 10%, Iran reopens Strait of Hormuz for 10-day ceasefire
Global oil prices plummeted by more than 10% today. Iran’s Foreign Minister declared the Strait of Hormuz completely open for commercial vessels. The reopening...
Trump Announces Indefinite Iranian Nuclear Program Suspension and Continued Asset Freeze
President Trump confirms that Iran has agreed to an indefinite suspension of its nuclear program. Under the terms of this arrangement, the United States will...