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Stocks Rally as AI Boom Offsets Oil Concerns

Wall Street moved toward an eighth consecutive weekly gain, while European markets posted their strongest performance since early April. Technology shares fueled momentum, with investors continuing to back companies linked to artificial
22/05/2026

Space ETFs Surge Ahead of SpaceX IPO Buzz

Investors poured $1.3 billion into space-focused funds during the past month, according to Morningstar Direct data. The niche sector now manages $3.3 billion, fueled by optimism surrounding the expanding space economy and
22/05/2026

Meta Details Layoffs and Shift Toward AI Workflows

The Facebook parent company will downsize its workforce by 10% on Wednesday, with further workforce reductions planned later. Chief People Officer Janelle Gale announced plans to move 7,000 employees into new, specialized
19/05/2026

Musk’s OpenAI Lawsuit Ends in Victory for Sam Altman

The verdict removes a massive financial hurdle, clearing a smooth path toward OpenAI’s potential one-trillion-dollar IPO. However, the high-profile courtroom battle forced Chief Executive Officer Sam Altman to defend his professional credibility
19/05/2026

Home Depot Beats Estimates Despite Housing Hurdles

Pre-market shares ticked upward after the top U.S. home improvement retailer beat first-quarter Wall Street expectations. Steady consumer demand drove higher average spending per trip, counteracting broader inflationary pressures in the housing
19/05/2026

Germany Launches Historic Sale of Bailed-Out Uniper

Pre-market shares ticked upward after the top U.S. home improvement retailer beat first-quarter Wall Street expectations. Steady consumer demand drove higher average spending per trip, counteracting broader inflationary pressures in the housing
19/05/2026
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