FTC files to block Microsoft-Activision as deadline approaches
The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard.
Apple hits record high one week after announcing Vision Pro VR headset
Apple stock rose over 1.5% Monday to close at $183.79 per share, which is the all-time-high share price for the company.
Oracle beats on top and bottom lines as cloud revenue jumps
Oracle’s cloud infrastructure revenue growth accelerated in the fiscal fourth quarter, and the company sees revenue faster growth than expected.
Tornado alley is widening, putting millions more people and properties at risk
Tornado alley is expanding due to a warmer climate.
The history of cyclical bull markets suggests the S&P 500 could rise to 4,900 by next summer
Investors piled into the benchmark after its climb above 4,200 set off what Bank of America called a “FOMO (fear of missing out) rally.”
‘Unabomber’ Ted Kaczynski died by suicide, official says
Kaczynski, 81, was found dead Saturday in his North Carolina prison cell, the Federal Bureau of Prisons said.
Inflation outlook hits two-year low in latest New York Fed survey
The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage point to a 4.1% rate.
Google and OpenAI limit A.I. chatbots in Hong Kong amid China tensions, report says
Google and OpenAI, which has partnered with Microsoft, have restricted access to their powerful artificial intelligence chatbots in Hong Kong.
Keep an eye on ‘the sleeping electric vehicle giant of China,’ Evercore ISI says
BYD is the “Tesla of China,” according to Evercore ISI, which says the China-based electric vehicle maker is a must-know for investors bullish on the sector.
