News

Modular data center builder Armada raises $230 million, to build new Arizona factory with new investor Johnson Controls

BLK, BLKN, BLK2

Modular data center builder Armada has raised $230 million from investors at a valuation of $2 billion, with BlackRock becoming a new investor.

Nvidia earnings expectations are high. Why HSBC expects the chipmaker to clear the bar

NVDA, NVDAN, NVDACL, NVD, NVDD, 1NVDA, 4NVDA, 0R1I, 918422

HSBC not only expects a strong quarterly report from Nvidia. It expects even stronger guidance from the chipmaker.

Long Island Rail Road to resume operations as deal reached to end strike

The Long Island Rail Road is set to resume rolling on Tuesday after a deal was reached to end a strike that had shut down the commuter rail system.

Bear of the Day: Dave & Buster's (PLAY)

PLAY

Earnings decline continues as new QSR, health-focused, and entertainment options multiply in a vibrant economy

Caledonia Investments H2 Earnings Call Highlights

CLDN

Caledonia Investments (LON:CLDN) reported a 5.4% net asset value total return for the year ended March 31, 2026, as positive contributions from all three of its investment pools were offset in part by market volatility, foreign exchange movements and a widening share price discou

NATO’s newest member Sweden announces $4 billion defense investment; Saab pops 5%

Sweden joined the military alliance in 2024 after it said that Russia's invasion of Ukraine had changed the security landscape.

Elon Musk loses his court battle against Sam Altman's OpenAI, but vows to keep fighting

OPENAI

A California court ruled on Monday that Elon Musk has waited too long to file a lawsuit against OpenAI's leadership accusing them of misleading the public about their plans to transform the once charity into a for-profit entity. Also in the business news this Tuesday, Standard Chartered cuts thousands of jobs as it accelerates adoption of AI and fires its CEO in South Korea over an insensitive promotional campaign.

Gold Slides On Fed Rate Hike Bets

(RTTNews) - Gold fell below $4,550 an ounce on Tuesday as Treasury yields edged up and the dollar steadied after a decline in the previous session on expectations that the Federal Reserve will keep interest rates higher for longer.

Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%

Home Depot beat Wall Street's expectations on the top and bottom lines, even as some shoppers pulled back on larger projects.

2026 CNBC Disruptor 50 list: Why Anthropic was No. 1 in this year's rankings

2026

Anthropic, posting explosive growth for its powerful AI systems that enterprises trust, has leapfrogged OpenAI on the CNBC Disruptor 50 list as the new No. 1.