by Tanya Rawat | May 8, 2026 | General
The U.S. Treasury may need to borrow more than $2 trillion from private markets in fiscal 2026, according to the Treasury Department’s latest Quarterly Refunding documents released Wednesday. Primary dealers surveyed in the Treasury presentation estimated...
by Lekha Gupta | May 8, 2026 | General
Robo.ai Inc. (NASDAQ:AIIO) said Thursday it agreed to acquire Neurovia AI Limited, a data processing and compression technology company, in a $100 million all-stock deal aimed at expanding infrastructure for the growing physical AI market. The Dubai-based company said...
by Stjepan Kalinic | May 8, 2026 | General
The top U.S. export in the last few months has not been oil, or AI, or any other headline-grabbing product, but rather gold. The oldest store of value, export value, has surged, shifting the composition of exports and raising questions about the ultimate destination...
by Anusuya Lahiri | May 8, 2026 | General
Broadcom Inc (NASDAQ:AVGO) shares slid on Thursday after a report said its AI chip partnership with OpenAI ran into an $18 billion financing challenge tied to the first phase of chip production. The stock is rebounding in premarket trading on Friday. Microsoft Holds...
by Badar Shaikh | May 8, 2026 | General
Toyota Motor Corp (NYSE:TM) says that the automaker has recorded an impact of over $4.3 billion due to the war in the Middle East as tensions between Washington and Tehran continue to surge. 22% Drop In Earnings During the company’s first-quarter 2026 earnings call on...
Recent Comments