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Business News

Location American Business News for 11 May 2026
'The market has jumped the shark': Michael Burry says stocks may finally be at the precipice of a major reversal Burry said that history appears to be repeating, pointing to major reversals from peaks in the dot-com boom and during the 1920s.
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Britain Will Nationalize Its Last Major Steel Mill, Prime Minister Says Keir Starmer, with thousands of jobs at stake, vowed to take full control of British Steel, a year after the government first intervened to keep its operations going.
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Why Is Strategy Valuable? CEO Says MSTR Is More Than Its BTC Holdings Strategy President and CEO Phong Le said the companys value extends beyond its bitcoin holdings because of its enterprise software operations, compliance infrastructure, and global scale. Strategy reported its strongest ...
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Iran responds to U.S. ceasefire proposal. What next for oil? Iran sent its ceasefire response via Pakistan on May 10. Trump called it unacceptable. Here is what it means for oil prices and the broader economy.
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Corporate FD rates in May 2026: Shriram Finance, Mahindra Finance and other top NBFCs offer returns up to 8.95% Corporate FD rates in May 2026 are attracting investors, as Shriram Finance, Mahindra Finance, and other top NBFCs offer stable FD returns of up to 8.95% amid market volatility. Check the comprehensive comparison, and di...
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AMD and Intel lead 2026 gains as AI guard changes

The Street - 11 May 2026 14:51
AMD and Intel lead 2026 gains as AI guard changes AMD and Intel are surging in 2026 as AI shifts from GPUs to CPUs. Here's why Wall Street is betting big on the chip sector's new leaders.
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Goldman Sachs dials back its recession odds on signs the economy is holding up amid the war Goldman sees encouraging signs in the latest jobs report, and predicts oil prices will stabilize around $90 by year-end.
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CoreWeave CEO sends strong signal on 2027 revenue dominance CoreWeave CEO Mike Intrator dropped a major signal on 2027 revenue dominance after a record Q1.
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The AI industry is turning to an old energy favorite to bring its data centers online fast AI companies are in a race to secure energy for their data centers. They are finding that natural gas is the easiest solution, if not the cleanest.
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Oil market wont return to normal this year if Iran conflict isnt solved within weeks, Aramco CEO says Oil futures for December have gained 47% this year, a sign that traders dont anticipate a quick return to normal.
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Major 401(k) opportunity Americans don't know about The IRS is allowing a significant tax credit for Americans who set up the right retirement plan.
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CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup Senate Banking Committee members face scorecard pressure as Stand With Crypto plans to score recorded CLARITY Act markup votes. The group says it represents more than 2.9 million U.S. advocates. Senate Banking Markup Put...
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Meet the Nvidias of power - 5 stocks winning Big Techs $700 billion AI energy grab Infrastructure giants such as GE Vernova and Bloom Energy are the new gatekeepers of the AI grid.
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BuzzFeeds stock more than doubles as beleaguered media company gets a lifeline Shares of BuzzFeed were up more than 130% in the extended session after the company said Byron Allens family office agreed to take a majority stake.
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Walmart is selling a 3-piece scalloped quilt set for only $25 The Ameha 3-Piece Scalloped Floral Quilt Set is available at Walmart. Shoppers can update their home during spring cleaning for only $25.
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Woodworking shops have been transformed by tech to make tools safer and more precise.
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WH Press Sec Karoline Leavitt delays maternity leave after dinner shooting, echoing her swift 2024 postpartum return postTrump attempt. Replacement plans remain undisclosed.
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Award-winning ice cream shop chain files Chapter 11 bankruptcy The popular ice cream shop chain files for Chapter 11 bankruptcy to reorganize its business.
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A viral TikTok video claims Atlanta has over 1 million HIV cases. CDC data shows high rates, but not as extreme. Experts urge better prevention and education.
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Children Educational Allowance, Section 80C tuition fee deduction-See how you can claim tax benefit of up to ₹4.38 lakh Children Educational Allowance helps employees cover educational expenses for their children under the old tax regime. Here's a look at the eligibility and non-eligibility of tuition fees deduction under Section 80C....
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Moonpay Moves Into AI-Native Trading With Dawn Labs Acquisition and Dawn CLI Launch Moonpay revealed it acquired Dawn Labs on Monday and launched Dawn CLI, an artificial intelligence (AI)-native trading tool that converts plain English strategy descriptions into autonomous trade execution on supported v...
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From 12 May, only learner drivers can book their own tests, not instructors.
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