Lucid (LCID) reports Q1 2026 earnings May 5. Analysts forecast 57% revenue growth, $2.35 loss per share, and updates on the Uber robotaxi collaboration.
Browsing: News
Bank of America warns 838M jobs face AI exposure globally. Tech layoffs hit 80K in Q1 2026, but experts say AI may be a scapegoat for deeper issues.
Hedge funds sold tech stocks at the fastest pace in 10 years. Despite the selloff, analysts project 33%+ gains for Figma, ServiceNow, and MongoDB.
Xiaomi stock rallied 6.75% after April EV deliveries hit 30,000 units—a 50% monthly increase driven by strong demand for the new-generation SU7 sedan.
Big Tech’s AI spending is set to exceed $1 trillion by 2027. Microsoft, Amazon, Alphabet, and Meta boost budgets as chipmakers like Nvidia benefit.
SK Hynix stock surged 12% Monday on AI chip demand while Samsung faces labor troubles. Foreign buying followed strong U.S. tech earnings reports.
GameStop (GME) shares jump 6% as CEO Ryan Cohen unveils $56B unsolicited bid to acquire eBay, promising $2B in cost cuts and proxy battle if rejected.
Ethereum’s validator exit queue jumped 72,000% to 433K ETH following April’s record $625M in DeFi hacks, including a $292M KelpDAO breach by Lazarus Group.
Dogecoin (DOGE) surges 4% to $0.111 as Bitcoin crosses $80K. Whales bought 160M DOGE. Key levels: $0.109 support, $0.114 resistance to watch now.
Solana’s Anatoly Yakovenko warns Ethereum L2s aren’t quantum-safe and AI could break post-quantum crypto. Learn how blockchain networks are responding.
Bitcoin surged past $80,000 and crypto markets hit $2.63T after Trump’s Project Freedom eased Middle East tensions. Zcash jumped 10% in the rally.
Peter Brandt forecasts Bitcoin (BTC) hitting $250K by 2029 but warns the bottom may not arrive until October 2026 based on halving cycle analysis.
Morgan Stanley’s MSBT bitcoin ETP raised $100M in 6 days, but Fed regulations and Basel rules continue blocking U.S. banks from holding BTC on balance sheets.
Brothers from Iran’s elite Kharrazi family secretly founded Nobitex, the nation’s largest crypto exchange, processing hundreds of millions in sanctioned funds.
Solana (SOL) trades at $84 with strong on-chain activity but weak momentum. Key levels at $88 resistance and $82 support could determine next move.