
SoftBank Shares Surge as OpenAI IPO Buzz and SB Energy Filing Boost AI Optimism
May 21, 2026 05:22 am UTC| Business Technology
SoftBank Group (TYO:9984) shares soared on Thursday as investor confidence returned to the Japanese technology giant, driven by growing excitement around its artificial intelligence investments. The companys stock jumped...

X Corp Loses Legal Battle Over Australia Child Safety Fine
May 21, 2026 01:06 am UTC| Business Technology Law
Elon Musks social media company X Corp has officially admitted breaching Australias Online Safety Act after failing to provide required details about its child protection measures, ending a legal dispute that lasted nearly...

Samsung Shares Surge After Strike Deal Eases Labor Tensions
May 21, 2026 01:04 am UTC| Business Technology
Samsung Electronics Co Ltd (KS:005930) shares climbed sharply on Thursday after the company reached a last-minute agreement with a major South Korean labor union, avoiding a potentially disruptive strike. Investor optimism...

Intuit Raises Full-Year Forecast After Strong Q3 Earnings Despite Stock Drop
May 21, 2026 00:47 am UTC| Business Technology
Intuit (NASDAQ: INTU) delivered stronger-than-expected fiscal third-quarter earnings and raised its full-year guidance, driven by growth in its AI-powered financial platform. Despite the upbeat results, Intuit stock...

Anthropic Revenue Surge Signals Strong AI Market Momentum in 2026
May 21, 2026 00:40 am UTC| Business Technology
Anthropic is on track to dramatically increase its revenue in 2026, according to a Wall Street Journal report citing figures shared during the companys latest fundraising discussions. The artificial intelligence startup is...

SpaceX Eyes AI Computing Expansion Ahead of Historic IPO
May 21, 2026 00:37 am UTC| Business Technology
SpaceX CEO Elon Musk announced that the aerospace giant is exploring opportunities to provide artificial intelligence computing services to external companies, signaling a major expansion into the fast-growing AI...

Nvidia Beats Earnings Expectations as AI Demand Drives Record Growth
May 21, 2026 00:36 am UTC| Business Technology
Nvidia delivered stronger-than-expected quarterly results, reinforcing its dominance in the artificial intelligence chip market as demand for AI infrastructure continues to surge worldwide. The company reported impressive...