Latest Corporate News
US stocks extend record run as AI optimism lifts tech
US equities opened higher, with the S&P 500, Dow, and Nasdaq advancing as strong earnings and enthusiasm around artificial intelligence outweighed inflation worries and Iran conflict concerns. The S&P 500 was on track for a ninth straight weekly gain, while European and Asian markets also traded mostly higher.
Dell surges 33% on stronger AI demand and raised outlook
Dell Technologies jumped 33% after reporting profits above expectations and lifting its guidance, driven by robust demand for AI computing. The move helped lead technology stocks higher and reinforced the market’s AI-driven rally.
Anthemic-style private credit deal for Anthropic nears $36 billion
Bloomberg reporting highlighted a roughly $36 billion debt-financing package being assembled by Apollo and Blackstone, with additional investors being brought in to support Anthropic’s AI infrastructure buildout. The financing would reportedly help Anthropic purchase Google custom chips as it races toward a potential IPO later in 2026.
Goldman Sachs sees M&A volumes nearing record levels
Goldman Sachs says merger-and-acquisition activity is running strong enough that 2026 volumes could approach, or even exceed, the 2021 record. The bank cited healthy backlogs and sustained client activity as signs that corporate dealmaking remains resilient.
US-Iran ceasefire hopes ease pressure on oil markets
Reports that the United States and Iran are working toward extending the ceasefire arrangement helped calm investor concerns and pushed crude lower. Brent fell to $92.10 a barrel and US benchmark crude to $87.55, though both remained elevated versus pre-conflict levels.
Inflation concerns persist despite recent market relief
Even as oil prices eased, investors remained focused on the inflationary impact of higher energy, transportation, and consumer costs linked to disruption in the Strait of Hormuz. The April inflation measure tracked by the Federal Reserve rose to a three-year high, adding pressure on households and businesses.
US corporate credit markets remain strong
High-grade bond issuance topped forecasts, with Goldman Sachs helping lead a $9 billion sale that signaled healthy demand in corporate debt markets. The activity suggests companies are still able to tap financing at scale despite broader macro uncertainty.
Gap falls after lowering sales outlook
Gap shares plunged after the company cut its sales outlook, marking its first major down day in nearly a year. The warning reflects continued challenges with product mix and execution in a difficult retail environment.
AST SpaceMobile slumps after analyst downgrade
AST SpaceMobile fell sharply after Deutsche Bank downgraded the stock to hold. The downgrade added pressure to a volatile space-tech name already facing heightened investor scrutiny.
Genesis Global shortlisted for 2026 Global Markets Choice Awards
Genesis Global was named a finalist for two honors at the 2026 Global Markets Choice Awards. The recognition underscores continued corporate and platform activity in financial markets technology.