Wall Street AI Rally Pushes Markets Higher in 2026 Wall Street AI Rally continues to dominate the financial world as major US indexes closed higher, fueled by growing investor confidence in artificial intelligence and semiconductor companies. Technology stocks once again
By Olivia Sterling · M&A Correspondent · Mon, May 4, 2026 · 9:25 AM EST Meta has acquired a robotics AI company to accelerate its humanoid technology programme, deepening a hardware bet that now sits inside a $115 to $135
Meta Acquires Robotics AI Firm to Power Humanoid Push Read More »
By Marcus Hartley · Tech & Innovation Lead · Mon, May 4, 2026 · 9:00 AM EST OpenAI has raised more than $4 billion at a $10 billion pre-money valuation for The Deployment Company, a new joint venture aimed at
OpenAI Raises $4 Billion for New Enterprise Deployment Arm Read More »
By Priya Ramaswamy · Industries Correspondent — Aviation & Consumer · Mon, May 4, 2026 · 8:40 AM EST Spirit Airlines Shutdown has ceased operations, stranding ticketed travelers across the United States and forcing a reshuffle of the budget-travel market,
Spirit Airlines Shutdown Strands Travelers, Reshapes US Skies Read More »
By James Whitfield · Executive Editor, Leadership Desk · Mon, May 4, 2026 · 8:10 AM EST Occidental Names Richard Jackson CEO as Vicki Hollub Retires, effective June 1, succeeding Vicki Hollub, who is retiring after a decade as the
Occidental Names Richard Jackson CEO as Vicki Hollub Retires Read More »
By Sarah Chen · Senior Markets Correspondent · Mon, May 4, 2026 · 7:35 AM EST The Bank of England has kept its base rate steady at 3.75% as UK inflation climbs back to 3.3%, leaving markets pricing in the
UK Inflation Climbs to 3.3% as Bank of England Holds at 3.75% Read More »
By Sarah Chen · Senior Markets Correspondent · Mon, May 4, 2026 · 7:05 AM EST The S&P 500 closed April at a record 7,209, capping its strongest month in nearly six years, even as Brent crude held above $111
S&P 500 Hits Record 7,209 as Iran War Keeps Oil Above $111 Read More »
Tory Burch LLC is seeking a $700 million leveraged loan to refinance existing debt and help finance a buyout of private equity firm General Atlantic’s stake, according to Bloomberg reporting from April 14 and April 17, 2026, and an S&P
Tory Burch Seeks $700 Million Loan to Buy Out General Atlantic Stake Read More »
American Airlines Group said that it is not interested in a merger with United Airlines and has not held talks on such a deal, according to a company statement from Fort Worth, Texas, and reporting by Reuters. The statement came
American Airlines Rejects Merger Possibility With United Airlines Read More »
Fermi stock fell after the company disclosed that Chief Executive Officer Toby Neugebauer departed his role on April 17, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. The filing said Fermi’s board created an Interim
Fermi Stock Falls After CEO Toby Neugebauer Departs, SEC Filing Shows Read More »
