Lotus CEO warns solid-state batteries still up to a decade from mass production
Sometimes billed as the “holy grail” of sustainable driving, solid-state batteries have long been stuck between theory and the promise of commercialization.
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras raised $5.55 billion in its IPO, and with the chipmaker’s offering, investors are gearing up for some even bigger AI deals later this year.
Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals
Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
Cisco’s stock pops 15% on surging AI orders, as company says it’s cutting almost 4,000 jobs
Cisco’s AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot
Amazon introduced Alexa for Shopping, an e-commerce bot that can answer queries and take actions on behalf of users
Nvidia’s Jensen Huang bets on this British startup to build ‘next frontier’ of AI
Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
