Cerebras Shares Soar in Hotly Anticipated Year for AI Debuts
OpenAI and Anthropic are eyeing IPOs later this year, and SpaceX is aiming to go public in June.
----
Musk Lawyer Questions Credibility of OpenAI's Sam Altman in Closing Statement
The world's richest man testified that OpenAI allegedly "stole a charity" in its for-profit conversion, while Sam Altman defended the change.
----
Cell Carriers Team Up to Boost Coverage Across the U.S.
AT&T, T-Mobile US and Verizon Communications are teaming up to boost coverage and connectivity in remote regions across the country.
----
Brookfield Places $2 Billion Bet on SpaceX Ahead of IPO
The investment firm is tapping into businesses that stand to benefit from the rapid adoption of artificial intelligence.
----
Iridium Bets on Air Safety in Aireon Takeover
Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.
----
Foxconn Posts Strong Results on AI Hardware Sales
Foxconn Technology Group reported robust first-quarter revenue and profit as it ramped up production of server racks, other advanced equipment and consumer devices for the global artificial-intelligence build-out.
----
Apple's Security Has Been Tough to Crack. Mythos Helped Find a Way In.
During tests in April, researchers found software issues in MacOS, one of the world's toughest targets for hackers.
----
Klarna's Shift Toward Long-Term, Big-Ticket Loans Drives Strong Revenue
Klarna has become the go-to for buy now, pay later loans. Now, the payments company is shifting focus toward new offerings that cater to big-ticket purchases, and executives say the pivot is paying off.
----
Honda Just Had Its Worst Year Ever
The Japanese carmaker reported its first annual loss after it gave up on EVs in the U.S. and its China business collapsed.
----
Chinese Chip Maker SMIC's Profit Misses Market Expectations
SMIC, China's biggest chip foundry, reported weaker-than-expected net profit at the start of the year as it keeps scaling capacity amid China's push for chip localization.
----
Chevron to Sell Some Asia-Pacific Assets to Japan's Eneos for $2.17 Billion
Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan's Eneos for $2.17 billion, as it continues to streamline its international portfolio.
----
Versant Shares Rise as Company Beats Wall Street Expectations
The gain came despite declines in the company's revenue and net income on lower subscriber numbers and ad sales.
----
Interactive Brokers Expands Prediction-Market Offerings
Users will be able to trade contacts related to elections or the economy, but not sports.
----
Singapore Airlines Profit Drops, Faces Fuel-Cost Headwinds From Mideast Conflict
Annual revenue climbed to a new high, but profit fell after three straight years of record earnings, adding uncertainty to an outlook already clouded by the Middle East conflict.
----
Nvidia moves one step closer to a breakthrough on Chinese exports after reaching another milestone
Nvidia's chief executive Jensen Huang has been lobbying for a long time for the ability to export advanced semiconductor chips to China in the face of opposition from both Washington and Beijing. It appears a breakthrough might have been made.
(END) Dow Jones Newswires
May 14, 2026 15:00 ET (19:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments