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Reuters Global 21.05.2026

Instant View: SpaceX files long awaited IPO, creating a fresh AI play

Elon Musk's rocket and satellite maker SpaceX filed on Wednesday for its widely awaited initial public offering, which stands to raise the most ever in an initial offering....

Reuters Global 21.05.2026

SpaceX IPO filing brings Musk's interplanetary ambitions to Wall Street

As Elon Musk's SpaceX races toward what could be the largest IPO in history, its filing delivers a rare mix of hard financial data and bold ambitions of exploring the frontiers of space....

Reuters Global 21.05.2026

West Pharma says fully operational after cyberattack, sees no hit to 2026 forecast

West Pharmaceutical Services said on Wednesday it has restored operations across its sites after a cybersecurity attack earlier this ‌month and expects the incident to have no material impact on its 2026 financial outlook....

Reuters Global 21.05.2026

Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program....

Reuters Global 21.05.2026

Intuit boosts annual forecasts, to cut 17% of global staff

TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim 17% of its workforce, sharpening its focus on artificial intelligence-powered financial software ‌amid robust demand....

Reuters Global 20.05.2026

OpenAI preparing to file for IPO soon, WSJ reports

OpenAI is planning ‌to file for an initial ⁠public offering in the coming days or weeks, ‌the ⁠Wall Street Journal reported on ⁠Wednesday....

Reuters Global 20.05.2026

Amazon.com defeats appeal claiming it aided tariff evasion

A U.S. appeals court ‌on Wednesday rejected a whistleblower's claim that Amazon.com helped foreign fur manufacturers evade tariffs on products sold on its platform, hurting domestic rivals....

Reuters Global 20.05.2026

Google rejects UK union recognition but offers talks via conciliation body

Google GOOGL.O said it had rejected a request from two British unions for voluntary recognition but would negotiate with them via a state-backed conciliation service, delaying a potential statutory ‌process that could force recognition....

Reuters Global 20.05.2026

French consortium to bid for EU's AI datacentre fund

The AION consortium, which groups some of France's biggest tech and infrastructure companies, will seek EU funding for an expected €10 billion ($11.60 billion) ‌data centre it plans to build in France....

Reuters Global 20.05.2026

Samsung Elec's South Korean labour union to vote on tentative pay plan -union

Samsung Electronics and its South Korean labour ‌union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that ⁠threatened to disrupt the production of AI and other chips....

Reuters Global 20.05.2026

Exclusive: Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an ‌internal memo seen by Reuters on Wednesday....

Reuters Global 20.05.2026

Exclusive: ASML CEO sees tight supply in booming chip market as AI demand soars

The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ASML told Reuters, with demand from AI, ‌satellites and robots outpacing what the industry can produce....

Reuters Global 20.05.2026

Lam Research opens Austria lab to advance chip packaging, cut costs

Lam Research has opened a research lab in Salzburg, Austria, to advance a chip packaging technology that promises to increase chip density and cut costs, as the company ‌looks to capitalize on surging AI demand for processors....

Reuters Global 20.05.2026

Morgan Stanley asks bankers to carry a separate phone for China trips, source says

Morgan Stanley has asked its Hong Kong-based bankers to carry new mobile devices issued ‌exclusively for business travel to mainland China, as international firms with a cross-border workforce tighten data security....

Reuters Global 20.05.2026

Euro stablecoin project adds 25 new banks

Twenty-five more banks, including lenders ABN Amro and Sabadell , have ‌joined a European consortium planning to launch a euro-pegged cryptocurrency later this year, the group said on Wednesday....

Reuters Global 20.05.2026

Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom

Chipmaker Analog Devices forecast third-quarter revenue above Wall Street estimates on Wednesday, a sign of growing demand for its power-management semiconductors and ‌sensor components amid the AI boom....

Reuters Global 20.05.2026

Thales inks deal with Google for homegrown German cloud provider

French defence group Thales ‌and Alphabet's Google Cloud have signed a ⁠deal to launch a new European cloud solution in Germany that ‌will ⁠be operationally and legally independent from ⁠Google, the companies said on ⁠Wednesday....

Reuters Global 20.05.2026

Embracer's Warhorse Studios to develop game set in the world of Lord of the Rings

Warhorse Studios, owned by video game group Embracer , is developing an open-world role-playing game set in the world of the Lord of ‌the Rings, Embracer's chief executive said on Wednesday....

Reuters Global 20.05.2026

AI financing fueling a surge in U.S. convertible bond sales

Corporate America is tapping the convertible bond market at a record pace as companies linked to artificial intelligence drive a surge in demand for debt that often draws extra investor interest in hot markets because it can convert into equity....

Reuters Global 20.05.2026

Fears of unfettered hacking spurred by Anthropic's Mythos AI model overstated

Early fears that Anthropic’s new AI model, Mythos, could dramatically turbocharge hacking are looking overstated a month after its release....

Reuters Global 20.05.2026

Tech leaders favoured by hedge funds last month, Hazeltree says

Hedge funds stuck to their holdings in companies with strong fundamentals in April, particularly technology and semiconductor ‌stocks, according to a report on Wednesday from data platform Hazeltree, in a month when the S&P 500 jumped over 10%....

Reuters Global 20.05.2026

Sberbank seeks Chinese chips to power Russia's GigaChat AI model

Russia hopes to power its flagship GigaChat AI model with Chinese-made chips, Sberbank's CEO said during President ‌Vladimir Putin's visit to China, as Western sanctions continue to block the country's access to advanced hardware abroad....

Reuters Global 20.05.2026

Explainer: South Korea weighs emergency step to blunt blow from Samsung strike

Samsung Electronics' labour union plans to embark on a massive 18-day strike on Thursday after bonus payment talks with management collapsed and attention is now focused on whether the government will issue an emergency arbitration order....

Reuters Global 20.05.2026

The AI bots are coming and the young are booing, not applauding

The AI revolution is here and the boos are getting louder....