President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies…
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Microsoft is in talks to supply its custom artificial intelligence chips to Anthropic, CNBC confirmed on Thursday. A deal would represent a…
US President Donald Trump speaks during an announcement with Environmental Protection Agency (EPA) Administrator Lee Zeldin in the Oval Office of the White House in Washington, DC on May 21, 2026. Kent Nishimura | AFP | Getty Images President Donald Trump on Thursday said he postponed an upcoming signing ceremony for his administration’s much-anticipated executive…
Acting Attorney General Todd Blanche testifies during a Senate Committee on Appropriations, Subcommittee on Commerce, Justice, Science, and Related Agencies hearing at the Dirksen Senate Office Building in Washington, DC on May 19, 2026. Nathan Posner | Anadolu | Getty Images Acting Attorney General Todd Blanche is meeting with Republican senators on Thursday morning about…
Nikos Pekiaridis | Nurphoto | Getty Images Spotify shares jumped 6% after the music streaming platform laid out updated guidance for 2030 at its first investor day since 2022. The company forecasted revenue at a compounded annual growth rate in the mid-teens and gross margins between 35% and 40%. Spotify referred to plans to reach…
When most companies go public, they follow a simple rule: insiders can’t sell their shares for 180 days after the IPO. SpaceX is taking an unusual approach that could allow pre-IPO investors to sell sooner. The company built in a series of release valves that allow insiders to sell portions of their stock in…
My top 10 things to watch Thursday, May 21 1. Stock futures are lower this morning. Why? Look no further than oil prices and Treasury yields. Both are higher after a reprieve yesterday. U.S. benchmark WTI crude is back above $100 a barrel. The 10-year yield is around 4.6%. Oil is back in control. Real…
AUBURN HILLS, Mich. — Stellantis said Thursday it plans to invest 60 billion euros (US$69.7 billion) under a new five-year strategic plan by CEO Antonio Filosa that also targets annual cost savings of 6 billion euros by 2028. The plan includes putting 36 billion euros toward the company’s massive portfolio of automotive brands to launch…
Walmart issued a worse-than-expected financial outlook for the year on Thursday as it reported fiscal first-quarter results, raising questions about the health of the U.S. consumer as high gas prices strain shopper budgets. The mega retailer stood by its fiscal 2027 outlook, which disappointed investors last quarter when it was issued. The retailer said it’s…
The CEO of one of France’s biggest engineering groups told CNBC that Europe mustn’t rely on U.S. infrastructure, warning of “dangerous” over-reliance on infrastructure like Elon Musk‘s Starlink. “There [are] two things for the future where we need [Europe to] realize how big it is. This is AI, and this is satellite,” Bouygues CEO Olivier…
