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Business News

Location American Business News for 27 May 2026
SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
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Trump Defends Prediction Markets and Bitcoin in Truth Social Post Praising CFTCs Selig President Donald Trump posted a public statement Tuesday defending the Commodity Futures Trading Commissions (CFTC) exclusive federal authority over prediction markets and warning that the United States must protect its ...
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Ferraris First Electric Car Runs Into Backlash in Italy and Beyond Memes mocked the new model, analysts questioned its appeal and investors sold the automakers stock. A former Ferrari chairman warned of the destruction of a legend.
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Sold in May and went away? Bitcoin risks another 10% drop as month turns red Bitcoin is on track to end May in the red, a historically bearish signal that could point to deeper losses ahead if the post-May track record is any guide.
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Leaked T-Mobile memo reveals controversial change for customers T-Mobile is planning a change that will affect customers and employees, sparking backlash.
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Why this fund manager who was an early proponent of Nvidia is now betting on AIs space frontier T. Rowe Prices Tony Wang is looking AI for bottlenecks and finding them, and also sees returns in space and light.
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ASTS adds $10B in market cap on bold industry developments ASTS is up 17% today. SpaceX's IPO could bring big changes to the space industry.
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Chirayu Rana faces court uncertainty after his attorney was 'discharged' hours before a hearing, leaving the ex-JPMorgan banker to appear pro se.
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Tennessee Sweepstakes Casino Ban Joined by Prediction Market Manipulation Felony Law Tennessee Gov. Bill Lee has signed two gambling-related bills on the final day of his decision window, banning online sweepstakes casinos and creating a new Class E felony for prediction market manipulation. The dual sig...
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Ripple Named One of Fortunes Best Bay Area Workplaces for 2026 Ripple received Bay Area workplace recognition after 95% of surveyed employees described the crypto solutions company as a great workplace, extending its multiyear presence on Fortunes regional workplace lists. Ripple Ea...
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Chompie, one of the world's tops ethical hackers, says AI like Claude Mythos will make it harder for people like her to compete.
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Blackrock IBIT Dark Pool Trade Tops $1.29 Billion as Bitcoin Stays Flat Above $75,000 A $1.29 billion dark pool block trade in Blackrocks Ishares Bitcoin Trust (IBIT) crossed Nasdaq on Tuesday morning, drawing immediate attention from institutional traders and crypto analysts tracking exchange-traded fund...
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American Airlines deal hands SpaceX bold new pre-IPO boost The carrier just handed Musk's biggest private company a fresh win two weeks before its Nasdaq debut.
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Coinbase, Standard Chartered Partner to Add 6 Currency Access Coinbase is expanding fiat access for institutional crypto clients through Standard Chartered, adding multi-currency funding access across six major currencies. The setup targets deposits, withdrawals, settlement, and mo...
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Ford recalls one of its best-selling vehicles

The Street - 27 May 2026 23:17
Ford recalls one of its best-selling vehicles Ford is forced to recall more than 16,000 of one of its most popular models.
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A 1998 letter by Bettina Anderson's father endorsing Jeffrey Epstein resurfaces, casting a shadow over her marriage to Donald Trump Jr., highlighting past connections and public scrutiny.
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Snowflakes stock is on fire as AI acceleration drives record product-revenue growth Snowflakes stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazons AWS.
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With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.
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AARP, Vanguard warn Americans on major 401(k), IRA shift AARP and Vanguard raise red flags about retirement accounts. Sources: AARP, Vanguard, Internal Revenue Service, Charles Schwab, Investor.gov, CNBC, Fidelity.
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Public disapproval of Donald Trump reaches 58%, while cabinet members lavish praise on him, sparking social media backlash. Critics question the sincerity and purpose of such commendations.
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Tesla's Optimus robot plan hits major snag

The Street - 27 May 2026 23:03
Tesla's Optimus robot plan hits major snag Tesla's goal to produce 1 million Optimus robots annually is at risk.
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Goldman Sachs doubles down on S&P 500 message for 2026 Goldman Sachs raised its S&P 500 target to 8,000 on strong earnings. Here is the thesis, the EPS forecasts, and what could derail the call
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