Coinbase posts steep first-quarter loss after slide in crypto prices; shares fall 4%
Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence “fundamentally changes” the company’s work.
OpenAI rolls out new model for cybersecurity teams a month after Anthropic’s Mythos debut
OpenAI said GPT-5.5-Cyber, a variation of its latest AI model, is rolling out in a limited preview capacity to vetted cybersecurity teams.
Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war
Airbnb reported mixed first-quarter results after the bell on Thursday and warned of regional weakness due to the war in Iran.
Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day
The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments.
While many international brands retreat, McDonald’s is supersizing its China business
McDonald’s plans to have 10,000 locations in China by the end of 2028, and the country is its second largest market.
Options traders love this under-the-radar AI play
For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.
Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.
Paul Tudor Jones says U.S. is late to regulating AI: ‘We should have already done it’
The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.
OpenAI trial: Mother of Musk’s children says he offered Altman a Tesla board seat
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
