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AI Infrastructure Frenzy Sends Data Center CPU Market Into Overdrive

by Anusuya Lahiri | May 12, 2026

Counterpoint Research analyst Parv Sharma said the global data center CPU market is entering a major transition as AI infrastructure demand reshapes...

Bristol Myers Squibb Strikes $15.2 Billion Drug Development Deal With Hengrui Pharma

by Sweta Killa | May 12, 2026

Bristol-Myers Squibb Co. (NYSE:BMY) on Tuesday announced a partnership with Hengrui Pharma to develop a portfolio of 13 early-stage programs...

Taiwan Semiconductor’s Arizona Chip Hub Thrives, But Power And Labor Risks Persist

by Anusuya Lahiri | May 12, 2026

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is pressing ahead with its massive Arizona expansion after its first U.S. chip plant...

Will S&P 500 Open Up Or Down On May 12?

by Eva Mathew | May 12, 2026

The S&P 500 closed at another record high on Monday, but Polymarket traders are positioning for a weaker start on Tuesday as investors await a...

Meta Faces Fresh Controversy Over Facebook Scam Ads Exploiting Elderly Americans With Fake Trump, Oprah Videos

by Tanya Rawat | May 12, 2026

Meta Platforms Inc. (NASDAQ:META) is facing renewed scrutiny after a new report alleged Facebook allowed scam advertisers targeting seniors with...

US To Loan Over 50 Million Barrels From Strategic Reserve To Ease Iran War Oil Shock

by Namrata Sen | May 12, 2026

The Trump administration announced that it would loan 53.3 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) to energy...

Stock Market Today: S&P 500, Nasdaq 100 Futures Drop As Trump Says Iran Ceasefire Is On ‘Life Support’—Zoominfo, Gitlab In Focus

by Rishabh Mishra | May 12, 2026

U.S. stock futures fell on Tuesday after Monday’s higher close. This followed President Donald Trump‘s sharp criticism of Iran’s latest response to...

Apple And Google Finally Close SMS Security Gap As iOS 26.5 Brings End-To-End Encrypted RCS Messaging For Android And iPhone Conversations

by Ananya Gairola | May 12, 2026

Apple Inc.'s (NASDAQ:AAPL) latest iOS 26.5 update, alongside Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Messages, is beginning to roll out...

Chuck Schumer Sounds Alarm On Hantavirus Threat, Says Trump ‘Didn’t Learn The Lesson From COVID-19’

by Snigdha Gairola | May 12, 2026

On Monday, Senate Minority Leader Chuck Schumer (D-N.Y.) called on the Trump administration to restore public health funding and rehire infectious...

Trump’s Gas Tax Cut Could Backfire: Peter Schiff Warns Could ‘Weaken The Dollar,’ Sending Oil Prices Higher

by Badar Shaikh | May 12, 2026

Economist Peter Schiff, who is also the co-founder of Echelon Wealth Partners, cautioned against eliminating the Federal gas tax on Monday, as it...

AMD’s Massive Post-Earnings Rally Puts Spotlight On Rep. Gil Cisneros’ Timely Stock Bet

by Rishabh Mishra | May 12, 2026

A well-timed stock purchase by Rep. Gil Cisneros (D-CA) is drawing public attention after Advanced Micro Devices Inc. (NASDAQ:AMD) shares have...

Trump Reportedly Freezes Beef Tariff Rollback After Rancher Revolt— ‘No Doubt An Experiment’

by Namrata Sen | May 12, 2026

The Trump administration has reportedly put on hold a proposal to suspend tariffs on imported beef. President Donald Trump had planned to sign two...

Tom Lee Calls The End Of Crypto Winter Once Again, BitMine Chair Says Ethereum Performing As ‘Wartime’ Store Of Value

by Aniket Verma | May 12, 2026

BitMine Immersion Technologies Inc. (NYSE:BMNR) Chair Tom Lee said on Monday that the “cryptocurrency winter” is nearing its end, paving the way for...

Ford Takes On Elon Musk’s Tesla Energy Business With New Battery Storage Push

by Badar Shaikh | May 12, 2026

Ford Motor Co. (NYSE:F) has unveiled a new, wholly owned subsidiary, Ford Energy, aimed at manufacturing Energy Storage systems at its Kentucky...

Elizabeth Warren Blames Trump’s Inaction, Says President Costing American Families $368 Million In Credit Card Interest — Every Single Day

by Sweta Killa | May 12, 2026

Sen. Elizabeth Warren (D-Mass.) expressed concerns on Monday over increased credit card spending, saying Americans are paying higher interest rates...

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