Memory chips and storage drives are becoming a major bottleneck in the artificial intelligence buildout, driving companies’ capital expenditures higher. Chipmakers warn the supply crunch will get worse before it gets better, and Wall Street sees an opportunity. Quarterly earnings from the hyperscalers like Alphabet and Microsoft released this week showed solid cloud revenues underpinning…
The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you’re looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you’re out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything…
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp’s Los Angeles Refinery on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images News | Getty Images Western Texas Intermediate crude futures haven’t hit their highs in 2026 yet, according to traders on Kalshi. Users on the…
Jeanine Pirro, U.S. attorney for the District of Columbia, speaks during a news conference at the Department of Justice in Washington, Feb. 6, 2026. Aaron Schwartz | Bloomberg | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro may have suspended her criminal investigation into outgoing Federal Reserve Chair Jerome Powell, but she…
NEW YORK — It’s time to cowboy up, y’all. The 2026 Academy of Country Music Awards are right around the corner, and they look different this time around. Buckle up for a few seismic changes. Shania Twain will host for the first time ever, taking over for Reba McEntire. The awards ceremony will also take…
Luka Modrić is facing a major decision about his future after suffering a facial injury while playing for AC Milan. The 40-year-old Croatian must now choose between extending his stay at San Siro or bringing his remarkable career to an end. Injury setback leaves Modric considering next step Modric has been ruled out for the…
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first…
Spirit Airlines airplanes sit parked at Fort Lauderdale – Hollywood International Airport, in Fort Lauderdale, Florida, U.S., April 23, 2026. Marco Bello | Reuters President Donald Trump said Friday that his administration gave a “final” bailout proposal for Spirit Airlines as the budget carrier could be forced to liquidate without a lifeline. Talks with bondholders…
Roku rallied as much as 9% Friday following its first-quarter earnings report on Thursday, and the provider of streamed entertainment still has more room to run, according to leading analysts on Wall Street. Roku continues to strengthen its businesses and is benefiting from broader industry tailwinds, they said. Morgan Stanley reiterated its overweight rating on…
