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- Japan's economy contracts by a more than expected 0.2% from prior three monthsat 12:34 am
On an annualized basis, Japan's GDP contracted 0.7% in the first quarter, also more than the 0.2% fall expected by the Reuters poll.
- Walmart's former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its 'doom and gloom' commentaryat 11:53 pm
Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.
- Cerebras CEO says chipmaker's 'aspiration' is to hold IPO in 2025at 11:52 pm
Cerebras CEO Andrew Feldman said his hope is that the AI chipmaker goes public in 2025 after a delay last year.
- Musk's Grok AI chatbot says it 'appears that I was instructed' to talk about 'white genocide'at 11:21 pm
By Thursday morning, Grok's answer had changed, and the chatbot said it "wasn't programmed to give any answers promoting or endorsing harmful ideologies."
- CoreWeave CEO defends capex plans, says company is meeting 'demand signals' from major hyperscalersat 9:56 pm
The renter of Nvidia-powered AI servers said it expects capex of $20 billion to $23 billion for the year.
- Trump's military parade cost: Up to $45 million for D.C. marchat 9:47 pm
Trump has wanted to stage a military parade through D.C. stretching back to his first term as president, and he recently defended the cost of doing so.
- Nvidia owned $900 million in CoreWeave stock as of March, filing showsat 9:34 pm
According to a filing on Thursday, chipmaker Nvidia owned about $900 million worth of stock in AI infrastructure provider CoreWeave at the end of March.
- Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earningsat 9:31 pm
Walmart beat first-quarter earnings expectations but missed on revenue, and its CFO said price increases from President Donald Trump's tariffs could start soon.
- White House announces AI data center campus partnership with the UAEat 8:32 pm
The announcement comes as President Donald Trump visited the United Arab Emirates as part of a broader trip to the Middle East.
- Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growthat 8:32 pm
Other restaurant companies have reported same-store sales declines and falling traffic as consumers have pulled back their restaurant spending.
- The U.S. has struggled for crypto clarity. Canada may have the answerat 8:23 pm
Canada's clear crypto regulations have made it a launchpad for blockchain growth, drawing interest from Wall Street.
- Alibaba shares drop more than 7% on big profit missat 8:16 pm
Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.
- Walmart says it will hike some prices due to tariffs. Here’s what that means for shoppersat 7:56 pm
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.
- House Republican bill calls for bigger child tax credit. Here's who could benefitat 7:51 pm
The House Republican tax bill calls for a bigger child tax credit. If enacted, here's who could benefit from the changes, according to policy experts.
- Trump’s Qatar jet gift ‘rife with political espionage’ issues, Republican Sen. Collins warnsat 7:49 pm
Sen. Susan Collins joins a growing number of Republicans questioning President Trump's plan to accept a $400 million jet from Qatar to use as Air Force One.
- Jim Cramer: Walmart and these 2 retailers are best positioned to mitigate tariff price hikesat 7:36 pm
The reality of tariffs hit home in a big way when Walmart on Thursday warned of higher prices for consumers by the end of the month.
- FBI warns of AI voice messages impersonating top U.S. officialsat 7:16 pm
The FBI has said that criminals are using generative artificial intelligence to carry out new financial fraud schemes on a larger scale than previously.
- Coinbase confirms user metric investigation, says it's working with Trump's SEC to resolveat 7:14 pm
Shares of Coinbase took another leg lower Thursday afternoon on a report the SEC is investigating whether the crypto exchange has misstated its user numbers.
- Fed's Powell cautions about higher long-term rates as 'supply shocks' provide policy challengesat 6:35 pm
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
- UnitedHealth Group shares plunge 13% on report of DOJ probe into possible Medicare fraudat 6:08 pm
Shares of UnitedHealth Group are down about 49% this year following a string of setbacks for the company.
- YouTube launches weekly top podcast list to rival Spotify and Appleat 5:34 pm
Podcasts such as "The Joe Rogan Experience," "Kill Tony" and "Rotten Mango" currently top the YouTube chart.
- Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike marketat 4:28 pm
The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international markets, plus a younger consumer.
- Supreme Court questions Trump birthright citizenship orderat 4:27 pm
Three federal district court judges have issued injunctions blocking Trump's executive order, which would end the right to birthright citizenship in many cases.
- Putin and Trump leave Zelenskyy in the dust, skipping peace talks in Turkeyat 3:34 pm
Neither Russian President Vladimir Putin nor U.S. President Donald Trump look likely to attend peace talks that were due to be held in Turkey on Thursday.
- 'Shark Tank' alum Bombas taps former Under Armour exec as CEO as it looks beyond digital rootsat 1:23 pm
Socks and t-shirt company Bombas has appointed longtime retail executive Jason LaRose to be its next CEO as it looks to scale beyond DTC roots.
- Trump says he doesn't want Apple building products in India: 'I had a little problem with Tim Cook'at 1:11 pm
Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years.
- Here's exactly how unaffordable today's housing market is — and where it's getting worseat 1:00 pm
The housing shortage is finally easing, but even with more listings available, the market still historically unaffordable to a huge swath of buyers. Here's why.
- EToro IPO filing cites Israel-Hamas conflict as potential business riskat 12:54 pm
The Israel-Hamas conflict and geopolitical tensions in the region could hurt eToro's operations, the company said in the risk factors of its IPO filing.