President Donald Trump speaks during a law enforcement leaders dinner celebrating the start of National Police Week in the Rose Garden at The White House in Washington, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases…
U.S. President Donald Trump, Secretary of Defense Pete Hegseth behind, speaks to reporters aboard Air Force One on a flight from Dover, Delaware, to Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously lauded the stock, with its…
Cerebras Systems‘ monster debut on Thursday didn’t just place it among tech’s biggest-ever IPOs — it was a crystal clear signal of unstoppable demand for chips to power AI, as tech giants scramble to find alternatives to the costly, sold-out graphics processing units made by Nvidia. Cerebras closed its first day trading on Wall Street…
Cerebras Systems Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems‘ shares sank 10% on Friday after the company completed the largest IPO by a U.S. tech firm in years. The semiconductor firm…
U.S. President Donald Trump and Chinese President Xi Jinping meet on the sidelines of a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China. China Pool | Getty Images News | Getty Images BEIJING — U.S. President Donald Trump departed Beijing Friday after two days of talks with Chinese President Xi Jinping that…
In an aerial view, the Honda of San Marcos dealership is seen on March 12, 2026 in San Marcos, Texas. Brandon Bell | Getty Images Shares of Honda Motor rose over 7% on Friday, even after the Japanese automaker posted its first annual operating loss in nearly 70 years. Honda swung to an operating loss of 414.3 billion…
China’s President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into “conflict” if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing…
Tech billionaire and Tesla founder Elon Musk walks through the Great Hall of the People with his son X Æ A-XII. Picture Alliance | Picture Alliance | Getty Images Elon Musk‘s lead counsel, Steven Molo, apologized to the jury for his absence on Thursday, with the Tesla and SpaceX CEO accompanying President Donald Trump in…
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company’s expected range. That values the chipmaker at over $100 billion. The company sold 30 million shares in its offering late Wednesday, raising $5.55 billion, the largest IPO for a U.S. tech company since Uber’s…
Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a “networking supercycle.” Shares jumped 14% and headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler guidance orders for the fiscal year and lifted…
