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SoftBank Scales Back Planned $10 Billion OpenAI Margin Loan After Lender Pushback: Report

by Eva Mathew | May 8, 2026 | General

SoftBank Group Corp. (OTC:SFTBY) is reportedly scaling back plans for a margin loan backed by its stake in OpenAI after some lenders raised concerns over the valuation of the privately held artificial intelligence startup. According to a Bloomberg report on Friday,...

Baidu AI Chip Arm Eyes $14.6 Billion Hong Kong IPO

by Nabaparna Bhattacharya | May 8, 2026 | General

Baidu, Inc. (NASDAQ:BIDU) shares climbed during Friday’s premarket session after fresh developments involving its AI chip subsidiary surfaced. Investors reacted after reports suggested Kunlunxin could target a valuation exceeding 100 billion yuan during a Hong...
Coreweave Partner Core Scientific’s Pivot Drives Stock’s Momentum Surge Despite Q1 Miss

Coreweave Partner Core Scientific’s Pivot Drives Stock’s Momentum Surge Despite Q1 Miss

by Rishabh Mishra | May 8, 2026 | General

Core Scientific Inc. (NASDAQ:CORZ) is proving that a strategic business pivot can easily outweigh a short-term earnings hiccup with its stock’s rising Benzinga Edge momentum score. Stock Momentum Joins Top 10% Despite reporting a wider-than-expected first-quarter loss...

‘Most Of The Crypto Industry Is Dead And It’s Never Coming Back’: What Made Anthony Pompliano Change His Tune?

by Parshwa Turakhiya | May 8, 2026 | General

Anthony Pompliano declared most of the crypto industry is dead and never coming back after spending one day at the Consensus Miami conference, sparking fierce debate across the sector. Ghost Chains And Zombie Coins Dominate The Landscape Pompliano explained in a...

CrowdStrike, Qualcomm, Apollo Global Management And More On CNBC’s ‘Final Trades’

by Avi Kapoor | May 8, 2026 | General

On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Qualcomm Inc (NASDAQ:QCOM) as his final trade. Lending support to his choice, Qualcomm, on April 29, reported second-quarter financial results that beat analyst estimates....
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