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Yahoo FinanceStock market today: Nasdaq futures pop, Tesla surges after earnings with more heavyweights on deck
Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
- Reuters
UPDATE 1-UK watchdog seeks views on Microsoft's and Amazon's AI partnerships
Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic. The Competition and Markets Authority said it was also seeking comments on Microsoft's hiring of former employees of Inflection AI and related arrangements. "The CMA is also considering feedback received earlier this year on Microsoft's partnership with OpenAI and is currently waiting for information it has requested from the firms," it said.
- The Guardian
England T20 selectors face headache after Jamie Overton’s back injury
England have seen their forthcoming selection for the T20 World Cup complicated by a back injury to Jamie Overton
- The Guardian
Claudette Johnson’s art for Cotton Capital nominated for Turner prize
Guardian-commissioned portrait of abolitionist Sarah Parker Remond among works competing for £25,000 prize
- The Canadian Press
German retirees will get an inflation-busting pension increase this year
BERLIN (AP) — Germany's Cabinet on Wednesday approved a 4.57% rise in retirees' pensions from this summer, well above the current rate of inflation. Rises in German pensions are linked largely to wage developments. Although inflation has subsided over the past year, the outcome of recent salary negotiations in various sectors has reflected demands for hefty pay rises following a big increase in living costs. The increase will take effect on July 1, the first time since 2000 that pensions in Euro
- PA Media: UK News
Safari Park welcomes first chimpanzee in eight years
Peter the chimp was transferred from a zoo in Leicestershire.
- PA Media: UK News
Four people taken to hospital after military horses bolt through central London
The drama erupted after a serviceman was thrown from his horse in Buckingham Palace Road on Wednesday.
- Reuters
UK watchdog seeks views on Microsoft's and Amazon's AI partnerships
The Competition and Markets Authority said it was also seeking comments on Microsoft's hiring of former employees of Inflection AI and related arrangements. This forms the first part of its information gathering process and comes before the start of a formal investigation. "The CMA is also considering feedback received earlier this year on Microsoft's partnership with OpenAI and is currently waiting for information it has requested from the firms," it said.
- The Guardian
UK accused by Amnesty of ‘deliberately destabilising’ human rights globally
Rights chief also warns Britain will be ‘judged harshly by history for its failure to help prevent civilian slaughter in Gaza’
- ITN
Sir Jeffrey Donaldson arrives at Newry Courthouse
Sir Jeffrey Donaldson arrives at Newry Courthouse. Former DUP leader is charged with rape and 10 sex offences. .
- Yahoo Finance
A new law could ban TikTok in 2025. Here's what happens next.
The Senate advanced a landmark bill that gives China's ByteDance up to one year to divest TikTok or face a US ban on the app. The next stop is the desk of President Biden, who has promised to sign it.
- The Telegraph
The charts that show how Britain is slowly turning into bloated Europe
They may share a “special relationship”, but the UK and US now appear to be headed down increasingly different economic paths.
- Reuters
EXPLAINER-How the West might use Russia's frozen reserves to help Ukraine
The G7 group of nations are looking to use nearly $300 billion worth of Russian financial assets frozen by sanctions since 2022 to help support Ukraine, but how it will be done remains highly complex given it would set a controversial precedent. CONFISCATION Washington continues to back the idea of seizing the immobilised Russian reserves in their entirety and handing them to Ukraine. The assets would then be sold or collateralised and the proceeds handed to Ukraine, or to a dedicated reconstruction fund.
- The Telegraph
Sunak to challenge Nato countries to match 2.5pc defence spending
Rishi Sunak will use a summit to mark the 75th anniversary of NATO to lobby European countries to match Britain’s pledge to spend 2.5 per cent of national wealth on defence.
- Reuters
RPT-UPDATE 1-Korean Air in talks to buy Boeing 777X jets, sources say
Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back towards its traditional U.S. supplier after placing a major order with European rival Airbus, two industry sources said. The discussions come weeks after Korean announced an order for 33 A350 jets from Airbus in what was widely seen as a breakthrough for the European planemaker into the flag carrier's Boeing-dominated wide-body fleet. The sources said discussions between Korean Air and Boeing on the 777X, an upgrade of the 777 mini-jumbo already used by South Korea's largest carrier, were ongoing.
- Lexington Herald-Leader
Kentucky drivers will see a change at the gas pump. One that could save a life.
There will be a new helpful reminder at the gas pump this summer.
- Insider Monkey
Here’s Why Baron Health Care Fund Reduced Exact Sciences Corporation (EXAS)
Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund advanced 8.92% (Institutional Shares) in the quarter compared to an 8.52% gain for the Russell 3000 Health Care Index (benchmark) and a 10.56% increase for the S&P […]
- Engadget
The Morning After: Senate passes the bill that could ban TikTok
The biggest news stories this morning: X, for some reason, has a TV app now, The best travel gear for graduates, Adobe Photoshop’s latest beta makes AI-generated images from simple text prompts.
- Deadline
‘The Girl In The Trunk:’ Danish Horror-Thriller Lands North American & UK Distribution Deals
EXCLUSIVE: Sunrise Films and Vertigo Releasing have acquired North American and UK distribution rights on the Danish horror-thriller The Girl in the Trunk. The film will be released on digital download across both territories on May 28. Sunrise Films, the new internationally focused distribution label launched by Rupert Preston and Nigel Williams, will handle the …
- Investor's Business Daily
Dow Jones Futures Fall As Tesla, AI Play Surge On Earnings, Meta Looms
A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.