April 15, 2026 1:00 pm
Key Moments A $110 billion merger between Paramount Skydance (NASDAQ: PSKY) and Warner Bros. Discovery (NASDAQ: WBD) has drawn open opposition from more than 1,000 Hollywood creators. The United Kingdom’s Competition and Markets Authority has launched a formal investigation that could force divestitures or potentially derail the transaction. Heavy insider selling, rising short interest, and […]
Read moreApril 15, 2026 12:49 pm
Key Moments Apple removed a counterfeit Ledger Live app tied to approximately $9.5 million in crypto losses affecting more than 50 users between April 7 and 13. The largest three victims lost a combined total of over $7 million across USDT, USDC, Bitcoin, Ether, and staked ETH. Apple reported removing or rejecting over 17,000 apps […]
Read moreApril 15, 2026 12:11 pm
Key Moments Morgan Stanley’s first-quarter profit increased to $5.6 billion, or $3.43 per share, from $4.3 billion, or $2.60 per share, a year earlier. Investment banking revenue rose 36% to $2.12 billion, while equity trading revenue climbed 25% to $5.15 billion and fixed income revenue advanced 29% to $3.36 billion. Total quarterly revenue grew to […]
Read moreApril 15, 2026 8:14 am
Key Moments Meta and Broadcom have extended their custom AI chip collaboration through 2029, with an initial commitment exceeding one gigawatt of computing capacity. Broadcom CEO Hock Tan will step down from Meta’s board and shift to an advisory role on Meta’s custom chip strategy under the expanded agreement. Meta’s first MTIA 300 chip is […]
Read moreApril 15, 2026 6:58 am
Key Moments Global shipments increased 12% year-on-year in the first quarter to an estimated 1.4 million vehicles. North American quarterly shipments rose 17%, according to the company’s statement. Shipments in Gulf Cooperation Council countries declined by more than half in the same period. First-Quarter Global Performance Stellantis reported that its worldwide vehicle shipments climbed 12% […]
Read moreApril 14, 2026 1:28 pm
Key Moments Wells Fargo’s first-quarter net interest income totaled $12.1 billion, below analyst expectations of $12.3 billion. Net profit rose to $5.25 billion, or $1.60 per share, exceeding the $1.58 per share forecast. Markets revenue increased 19% year-on-year to $2.17 billion in the quarter ended March 31. Interest Income Falls Short as Fed Cuts Weigh […]
Read moreApril 14, 2026 12:44 pm
Key Moments Citigroup’s first-quarter profit increased 42% to $5.8 billion, or $3.06 per share, from $4.1 billion, or $1.96 per share, a year earlier. Total markets revenue rose 19% year-over-year to $7.2 billion, helping drive Citi’s highest quarterly revenue in a decade at $24.6 billion. The bank posted a 13.1% return on tangible common equity […]
Read moreApril 14, 2026 12:29 pm
Key Moments Amazon.com agreed to buy Globalstar in an $11.57 billion transaction to strengthen its satellite communications business. Globalstar shareholders can choose either $90 in cash or 0.3210 Amazon shares for each of their Globalstar shares. Amazon aims to deploy about 3,200 low-Earth-orbit satellites by 2029, with roughly half in place by a July 2026 […]
Read moreApril 9, 2026 2:02 pm
Key Moments Intel and Alphabet’s Google unit expanded their partnership to promote AI-centric CPUs and jointly develop custom infrastructure processing units. Google will continue deploying Intel Xeon processors and adopt Intel’s latest Xeon 6 chips for inference and general-purpose computing workloads. Intel highlighted growing CPU demand from agentic AI systems and outlined additional strategic moves, […]
Read moreApril 9, 2026 1:18 pm
Key Moments Amazon CEO Andy Jassy reported that AI services in the cloud unit are generating an annualized revenue run rate above $15 billion in the first quarter of 2026. The company’s custom chip portfolio has doubled its annualized revenue run rate to over $20 billion, compared with $10 billion previously disclosed. Citron Research set […]
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