Dell posted $16.1 billion in AI server revenue, up 757% in a year, and the stock had its best single day on record. Here is what is actually driving it.
Dell’s Best Day Ever: AI Server Sales Explode 757% and the Stock Rips 32% Read More »
Scott Bessent says the US seized about $1 billion in Iranian crypto by grabbing the wallets outright, as Trump weighs a final call on an Iran deal.
US Grabbed $1 Billion in Iranian Crypto Wallets, Treasury Secretary Says Read More »
Anthropic shipped Claude Opus 4.8 on May 28, 2026, just 41 days after 4.7, with dynamic workflows, a 3x cheaper fast mode, and a sharper honesty pitch. Same day, it raised $65 billion at a $965 billion valuation.
Claude Opus 4.8 Lands 41 Days After 4.7 as Anthropic Raises $65 Billion Read More »
Marvell and Salesforce report tonight in the shadow of Zscaler losing 17 percent on a 1 percent revenue miss. The AI trade is priced for perfection.
Mortgage rates hit a 5 week high on Tuesday at 6.45 percent. Purchase applications still rose 4 percent week over week and 7 percent year over year. The market is rebalancing, not breaking.
Mortgage Rates Hit 5 Week High at 6.45 Percent: Why Buyers Are Showing Up Anyway Read More »
Antoine Fuqua’s Michael Jackson biopic crossed $600 million worldwide this week. Second highest grossing music biopic ever. Jaafar Jackson carries it. Devil Wears Prada 2 holds second.
Michael Jackson Biopic Crosses $600 Million: Inside the Year’s Biggest Non Franchise Hit Read More »
GovWell closed $25 million Series A from Insight Partners on May 14. The startup is rebuilding municipal permitting and licensing software with AI. 130 cities, 34 states, 95 percent faster permits.
GovWell Raises $25 Million: The AI Operating System Rebuilding Municipal Permitting Read More »
Senate Republicans want $1 billion for White House security. $220 million is ballroom hardening. The rest is Secret Service. Democrats are fighting. Three GOP holdouts will decide.
$1 Billion White House Security: Inside the Senate Fight Over Trump’s Ballroom Read More »
Cerebras priced at $185, opened at $350, closed up 68 percent and minted two billionaires Thursday. Friday gave back 10 percent. The wafer scale chip bet against NVIDIA just went public.
Cerebras IPO: The $95 Billion Wafer Scale AI Chip Bet That Just Hit Wall Street Read More »
Dow lost 537 points. S&P off 1.24 percent. Nasdaq off 1.54 percent. Treasury yields, oil futures, and a non event Beijing summit all hit at once. Nvidia earnings Wednesday decide what is next.
Wall Street Friday Wipeout: Bond Yields, Oil, and the Beijing Summit Letdown Read More »
