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Tarsus Pharmaceuticals to present at three investor conferences in May 2026
Tarsus Pharmaceuticals announced its management will participate in three upcoming investor conferences in May 2026: Bank of America Securities Health Care Conference on May 12, H.C. Wainwright BioConnect Investor Conference on May 19, and Stifel Vir...
Oil prices drop below $100 while gasoline prices hit highest since 2022, boosting refiners' profits.
Crude oil prices fell below $96 a barrel amid ceasefire talks, but gasoline prices rose to $4.56 per gallon, the highest since summer 2022. This divergence is driving refining profit margins, measured by the 3-2-1 crack spread, to a near-record $56.2...
IREN expands AI cloud platform to Europe by acquiring Spain's Nostrum Group, adding 490MW power capacity.
IREN Limited has agreed to acquire Nostrum Group, a Spanish data center developer, marking its entry into the European market. This acquisition adds about 490MW of secured, grid-connected power in Spain and expands IREN's power portfolio to 5GW, supp...
Acumen Pharmaceuticals to present at Bank of America 2026 Health Care Conference on May 14.
Acumen Pharmaceuticals, a clinical-stage biotech company focused on Alzheimer's disease treatments, will participate in a fireside chat at the Bank of America Securities 2026 Health Care Conference on May 14, 2026. The company is advancing its lead d...
SpaceX may monetize its AI supercomputer by renting Nvidia GPU capacity to AI firms.
SpaceX, known for rocket launches and its Starlink satellite internet, is exploring a new revenue stream by renting out its massive AI supercomputer infrastructure. The Colossus cluster, with about 220,000 Nvidia GPUs and over 300 megawatts of power,...
Nancy Pelosi's Databricks investment surges 302%, fueling Robinhood investors' interest in pre-IPO stocks
Nancy Pelosi's investment in the private software company Databricks has increased by 302% following a recent valuation jump to $134 billion. This surge highlights growing retail investor demand for pre-IPO opportunities, exemplified by Robinhood's V...
Ticketmaster cuts 8% of workforce despite Live Nation's strong Q1 ticket sales
Ticketmaster has laid off 350 employees, about 8% of its global staff, mainly in engineering, product, and design roles, shortly after Live Nation reported strong Q1 revenue of $3.79 billion, beating estimates. Despite this, Live Nation posted a Q1 o...
IREN stock jumps 13% after $2.1B Nvidia investment deal for AI data center expansion
IREN's shares rose 13% in extended trading after announcing a partnership with Nvidia, where Nvidia gains a five-year option to buy up to 30 million shares at $70 each. This deal allows Nvidia to invest $2.1 billion in IREN, supporting deployment of ...
AMD stock rated Sell as valuation surpasses Nvidia despite lower margins and market share
James Foord, leader of The Pragmatic Investor group, issues a Sell rating on Advanced Micro Devices (AMD) despite its strong Q1 results and AI growth prospects. AMD has gained market share and recognition as a competitor to Nvidia in CPUs and GPUs, b...
Tyson Foods to present at BMO Global Farm to Market Conference on May 13, 2026
Tyson Foods announced its management will participate in the 21st Annual BMO Global Farm to Market Conference on May 13, 2026, in New York City. The event will feature a fireside chat with CEO Donnie King and CFO Curt Calaway, starting at 8:00 a.m. E...