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Finance

Markets, investing, personal finance, and the forces moving the economy.

Honeywell-Backed Computing Firm Quantinuum Files for US IPO
Finance

Honeywell-Backed Computing Firm Quantinuum Files for US IPO

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering, capitalizing on …

May 8, 2026
Finance

Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

Intel, AMD and Micron surged double digits this week as investors bet on CPU makers and memory companies powering the next stage of AI

May 8, 2026
Finance

AWS data center outage hits trading on FanDuel, Coinbase β€” recovery to take hours

The cloud platform says it is currently working to resolve the outage, caused by overheating at a data center in Northern Virginia.

May 8, 2026
Fitness wearable Whoop to offer on-demand clinician access to U.S. users
Finance

Fitness wearable Whoop to offer on-demand clinician access to U.S. users

Whoop is introducing on-demand clinician access and AI-powered health guidance, largely included in the price of membership.

May 8, 2026
QVC Shareholders Claim Firm Giving Their Value to Creditors
Finance

QVC Shareholders Claim Firm Giving Their Value to Creditors

Shareholders of bankrupt television shopping network QVC accused the company of wrongly trying to divert hundreds of millions of dollars’ …

May 8, 2026
Yahoo Pays Up to Refinance $1.6 Billion of Buyout-Tied Debt
Finance

Yahoo Pays Up to Refinance $1.6 Billion of Buyout-Tied Debt

Yahoo Inc. raised $1.6 billion from a loan and bond deal to refinance debt tied to its acquisition by Apollo Global Management after …

May 8, 2026
Some College Finals Delayed After Canvas Online Platform Hacked
Finance

Some College Finals Delayed After Canvas Online Platform Hacked

Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of …

May 8, 2026
Finance

Akamai stock soars 20% on earnings, $1.8 billion AI infrastructure deal

Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% …

May 8, 2026
Finance

Cloudflare stock sinks 24% after earnings as company cuts 1,100 employees due to AI changes

The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's …

May 8, 2026
Finance

Trump's $1 million 'Gold Card' fails to catch on among the world's wealthy

President Donald Trump's "Gold Card," which promised U.S. residency in "record time," has been dogged by delays and legal questions.

May 8, 2026
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