Reuters Global 11.05.2026
Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say

Mukesh Ambani's Reliance Jio Platforms has pivoted to ​a pure fundraising for its planned Mumbai listing, ‌selling a 2.5% stake in the offering and dropping earlier plans that would have allowed some shareholders to exit, ​two sources said....

Reuters Global 08.05.2026
Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports

Artificial intelligence startup Anthropic has signed a $1.8 billion computing deal with Akamai Technologies to ​meet surging demand for its AI ‌software, Bloomberg News reported on Friday, citing people familiar with the matter....

Reuters Global 08.05.2026
Apple, Intel have reached preliminary chip-making deal, WSJ reports

Apple and Intel have ‌reached a preliminary agreement for Intel to manufacture some of the ​chips that power the ​iPhone maker's devices, the Wall ⁠Street Journal reported on ​Friday, citing people familiar with the ​matter....

Reuters Global 08.05.2026
Logitech CEO plans to boost spending on R&D and marketing

Logitech International (LOGN.S) will increase spending ​on product development ‌and marketing this year, CEO Hanneke Faber said, ​despite concerns over a ​possible global economic slowdown ⁠triggered by the ​Middle East crisis....

Reuters Global 08.05.2026
RBC lifts S&P 500 year-end target to 7,900 on AI optimism

RBC Capital Markets raised its year-end target for the S&P 500 ​to 7,900 from 7,750 on Friday, citing resilient ‌earnings growth and continued strength in artificial intelligence‑linked sectors....

Reuters Global 08.05.2026
Amazon cloud unit says data center overheating in North Virginia disrupts services

Amazon's cloud unit, ​Amazon Web ‌Services, said on Thursday ​it ​was working to ⁠restore normal ​temperatures at ​a data center in North ​Virginia after ​overheating disrupted some services....

Reuters Global 08.05.2026
SoftBank cuts target for OpenAI margin loan by 40% to $6 billion, Bloomberg News reports

SoftBank Group has downsized ​plans for ‌a $10 billion margin loan backed ​by its ​OpenAI stake after hesitation ⁠from some ​creditors, Bloomberg ​News reported on Friday, citing people ​familiar with ​the matter said....

Reuters Global 08.05.2026
Nvidia funds construction of Corning plants, in addition to equity investment

Nvidia has paid several billion dollars to help fund new ​factories for glassmaker Corning in addition ‌to taking an equity stake of up to $3.2 billion disclosed earlier this week, the CEOs of the ​two companies confirmed on Thursday....

Reuters Global 08.05.2026
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal

Nvidia will invest up to $2.1 billion in data center operator IREN , as part of a ​broader deal to deploy up to 5 ‌gigawatts of infrastructure to keep up with soaring artificial intelligence demand....

Reuters Global 08.05.2026
Microchip Tech forecasts quarterly revenue above estimates on strong chip demand

Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its ​chips used in industrial and automotive sectors....

Reuters Global 08.05.2026
Coinbase logs second straight quarterly loss as crypto trading momentum fades

Cryptocurrency exchange Coinbase Global ​on Thursday recorded ‌a second-consecutive quarter of losses, as ​a crypto-driven ​market volatility sapped the ⁠company's trading ​volumes during a ​period of broad digital-asset selloff....

Reuters Global 08.05.2026
Block quarterly profit jumps on resilient consumer spending

Jack Dorsey-led Block on Thursday reported a ​jump in first-quarter profit, ‌lifted by resilient consumer spending....

Reuters Global 08.05.2026
Motorola Solutions raises annual forecasts on robust demand

Motorola Solutions on Thursday raised its full-year revenue and profit forecasts, driven by strong demand for its critical communications equipment ​and video security systems....

Reuters Global 08.05.2026
CoreWeave tops revenue estimates as AI boom supercharges cloud demand

CoreWeave Inc beat analysts' estimates for quarterly revenue on Thursday, as the specialized ​cloud provider tapped into strong demand for its high-performance ‌computing services used to train and deploy artificial intelligence models....

Reuters Global 07.05.2026
Akamai surges as $1.8 billion cloud deal eclipses downbeat forecast

Shares of Akamai Technologies ​soared 24% in extended trading on ‌Thursday after the company disclosed a $1.8 billion long-term cloud deal with a frontier model provider....

Reuters Global 07.05.2026
Gen Digital forecasts annual results above estimates on strong cybersecurity demand

Antivirus software provider Gen Digital forecast fiscal 2027 revenue and profit above Wall Street ​expectations on Thursday, betting on strong demand as consumers ‌spend extra to protect their online activity....

Reuters Global 07.05.2026
OpenAI unveils three audio models for real-time voice tasks

OpenAI introduced three audio models for its developer platform on Thursday, aiming ​to make voice-based software agents more ‌conversational and capable of completing tasks in real time....

Reuters Global 07.05.2026
SoftBank in talks with Nvidia to build homegrown AI servers, Nikkei reports

Japan's SoftBank Corp ​has begun discussions ‌with U.S. chip giant ​Nvidia and ​Taiwanese contract manufacturer ⁠Foxconn as ​the conglomerate ​weighs plans to build homegrown artificial ​intelligence ​servers, the Nikkei newspaper ‌reported ⁠on Friday....

Reuters Global 07.05.2026
Trump administration plans to invite CEOs from Nvidia, Apple, Exxon on Trump's China trip, report says

The Trump administration ​plans to ‌invite CEOs from Nvidia , Apple, ​Exxon , Boeing , ​and other big companies ⁠to accompany ​the president ​on his trip to China next ​week, Semafor ​reported on Thursday....

Reuters Global 07.05.2026
Blue Owl private credit fund will lower software exposure, CEO says

Blue Owl's biggest publicly traded private credit fund will look to ​reduce its exposure to software, the fund's chief executive said, as ‌uncertainty about the impact of artificial intelligence on the sector roils valuations....

Reuters Global 07.05.2026
UK's BT re-focuses on its core brand, with BT Mobile for consumers

Broadband and mobile company BT is bringing back its BT Mobile brand for consumers as ​part of its biggest marketing campaign this decade ‌that will spotlight its historic BT brand....

Reuters Global 07.05.2026
Arm shares slides as concerns over AI chip supply overshadow upbeat forecast

Arm Holdings tumbled on Thursday on investor worries about the company's ability to secure sufficient supplies for its new AI ​chip to meet demand, overshadowing its strong forecast....

Reuters Global 07.05.2026
Datadog raises annual forecast on strong cloud security demand, shares jump 36%

Cloud security firm Datadog on Thursday raised its annual forecast after beating Wall Street expectations ​for first-quarter results, fueled by high demand for its ‌cloud security products amid rising artificial intelligence adoption....

Reuters Global 07.05.2026
Meta challenges UK media regulator over online safety fees

Facebook and Instagram owner Meta is bringing ​a legal challenge against Britain's ‌media regulator Ofcom over how fees and penalties are set ​under the government's Online ​Safety Act, Ofcom said on ⁠Thursday....