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"A lot of people have said, Jensen, AI is coming. Agentic AI is coming. Therefore, all of the software companies are going to go out of business. I said it's exactly the opposite because there are going to be so many agents.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
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Strategy (MSTR) sold some bitcoin for the first time ever, the company revealed in a Monday filing, just a week after founder Michael Saylor had used the "hodl" — hold on for dear life — phrase, which is the crypto community's never-sell mantra. The iShares Bitcoin Trust ETF (IBIT), which tracks the bitcoin price, fell to a seven week low,...
Rising inflation and the Iran war are complicating the fixed-income picture. These ETFs provide varying degrees of interest rate and credit exposure risk depending on how far you want to reach for yield.
Every generation of workers hears that a machine is coming for its job. Sometimes the machine arrives. More often it just reshuffles the work, moving people from one task to another without the dramatic reckoning anyone braced for. Factories have carried that worry longer than most workplaces. The ...
Nearly 1,000 workers at a Michigan automotive supplier went on strike, stalling the production of key parts for General Motors’ midsize and full-size pickup trucks. Workers at the American Axle plant in Three Rivers, Mich., are at an impasse with the company over a new labor contract. Workers say their pay hasn’t recovered from 2008, when they agreed to slash wages in half to keep the plant running during dire economic times, despite high profit at American Axle in recent years on the strength of GM’s truck sales.
Nvidia is expanding its AI footprint from data centers to desktops with a new PC chip called RTX Spark. Nvidia stock rose on the news.
A new day and a new reason to discuss a Micron stock bubble.
When the S&P 500 was introduced nearly 70 years ago, it was designed to represent a wide swath of the U.S. economy. Call it the AI-fication of the S&P 500, in which a handful of companies now exert outsize influence over the benchmark index. According to Dow Jones Market Data, the 10 largest companies in the S&P 500 now represent 43.2% of the index's total market value.
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network. The post FedEx trucking hub expansion in Netherlands aids new air cargo strategy appeared first on FreightWaves.
FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.
As part of the project, the logistics giant is offering one-to-three day service options for manufacturers amid nearshoring and tariff-driven supply chain shifts.
Investing.com -- Morgan Stanley raised its rating for Dell Technologies to Equal-weight from Underweight and lifted the price target to $448 from $170 in a note on Monday, reversing a bearish thesis after concluding that the company is managing the semiconductor supply chain shortage better than peers in ways the bank had not anticipated.
Media reports and even people betting on Kalshi continue to see an increasing likelihood that all of Elon Musk's companies could soon merge.
➕ Follow Luke on X 📺 Check out our podcast: Being Exponential Editor’s Note: Cerebras just went public… and SpaceX, Anthropic, and OpenAI — representing over $3 trillion in combined valuation — are lined up behind it. A lot of investors are getting excited about this AI IPO boom, but veteran trader Jonathan Rose thinks that excitement is a trap. I invited him to share his thoughts with us, using the collapse of Figma stock after its IPO as the blueprint. What’s especially intriguing is where the
Wedbush analyst Dan Ives believes there is better than an 80% chance Tesla and SpaceX merger in 2027.
FedEx Corp. (NYSE:FDX) traded modestly higher on Monday after finalizing the separation of its freight division, creating a new standalone publicly listed company, FedEx Freight Holding Company, Inc.
The LTL carrier begins its new chapter since its spinoff was announced in December 2024.
The Caesars deal just put a clock on the rest of corporate America. On May 28, 2026, Caesars Entertainment (NASDAQ: CZR) announced a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt. Shareholders take home $31.00 ... After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition
Although the bull case has rarely sounded louder, with one-year gains running hot and the index pressing new highs, Wall Street has a long memory, and that memory is not kind to stretched valuations that meet an inflation regime. The benchmark S&P 500 sits at $745.64 on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) proxy ... The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.
Moby summary of American Bitcoin Corp's Q1 2026 earnings call
While tech is still leading the party, more parts of the market are starting to join in.
June 1 () - Motorola Solutions said it would buy Israeli startup D-Fend Solutions for $1.5 billion as governments and critical infrastructure operators worldwide rush to defend against the growing threat of rogue drones.
By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon
SAIC (SAIC) delivered earnings and revenue surprises of +43.05% and +6.93%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.