Today: 17 May 2026

Salesforce leadership breaks silence on Benioff ICE-joke backlash as AI fears bite

Salesforce leadership breaks silence on Benioff ICE-joke backlash as AI fears bite

Salesforce President Robin Washington told staff the company is “appropriately adjusting” after CEO Marc Benioff’s jokes about ICE drew internal criticism, according to audio from an all-hands meeting reviewed by Business Insider. Cofounder Parker Harris called Benioff’s remarks “a very bad joke.” Salesforce shares rose 4.3% Thursday, closing at $201.39. The company did not immediately respond to requests for comment.
6 March 2026
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Walmart’s PhonePe IPO: India fintech targets up to $10.5B valuation as Walmart trims stake

Walmart’s PhonePe IPO: India fintech targets up to $10.5B valuation as Walmart trims stake

PhonePe, Walmart’s India payments unit, is seeking a $9–10.5 billion IPO valuation, below its $12 billion private mark last year, sources said. The offer-for-sale aims to raise up to $1.05 billion, with Walmart, Microsoft, and Tiger Global selling stakes. No new shares will be issued. PhonePe reported losses of $158 million on revenue of $470 million for the half-year ended September 30.
6 March 2026
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Silver price today: Why silver, SLV ETF and silver stocks fell before Friday’s jobs report

Silver price today: Why silver, SLV ETF and silver stocks fell before Friday’s jobs report

Silver fell 1.5% to around $82 a troy ounce in New York Thursday, with iShares Silver Trust and major miners also dropping after-hours as the dollar and Treasury yields rose. The dollar index gained 0.5% and 10-year yields hit a three-week high near 4.14%. Silver remains up over 16% for the year. Traders await Friday’s U.S. payrolls report for direction.
6 March 2026
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Intel faces fresh China scrutiny as senators press chipmaker over tool tests

Intel faces fresh China scrutiny as senators press chipmaker over tool tests

U.S. senators questioned Intel over testing chipmaking tools from ACM Research, citing national security risks tied to ACM’s China links. Intel said ACM tools are not used in its production. The inquiry comes as Intel considers offering its advanced 18A manufacturing process to outside customers. Lawmakers highlighted ACM’s business with sanctioned Chinese firms and its subsidiaries’ presence on U.S. sanctions lists.
6 March 2026
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Gold price slides as yields climb and the dollar firms; U.S. jobs report in focus

Gold price slides as yields climb and the dollar firms; U.S. jobs report in focus

Gold fell 1.2% to $5,076.59 an ounce Thursday as rising U.S. Treasury yields and a stronger dollar outweighed safe-haven demand. U.S. crude jumped 8.5% to $81.01 a barrel. The SPDR Gold Shares ETF dropped 1.18%, while the VanEck Gold Miners ETF slid 3.83%. U.S. jobless claims held steady at 213,000, with no sign of imminent Fed rate cuts.
6 March 2026
Palantir stock in focus: Pentagon’s Anthropic ban forces Maven AI rewrite

Palantir stock in focus: Pentagon’s Anthropic ban forces Maven AI rewrite

Palantir must rebuild its Maven Smart Systems software after the Pentagon ordered contractors to cut ties with Anthropic, whose Claude AI model underpins Maven, sources said. The Defense Department labeled Anthropic a “supply chain risk,” forcing removal from sensitive systems. Palantir’s contracts tied to Maven are potentially worth over $1 billion. Shares fell 0.3% to $152.67 on Thursday.
5 March 2026
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Advanced Micro Devices (AMD) Faces Fresh U.S. AI Chip Export Risk as Washington Weighs New Rules

Advanced Micro Devices (AMD) Faces Fresh U.S. AI Chip Export Risk as Washington Weighs New Rules

U.S. officials are drafting new AI chip export rules that could require foreign governments to invest in U.S. data centers or provide security guarantees before buying large volumes, potentially affecting AMD, Nvidia, and Intel. The proposal follows AMD’s $60 billion chip deal with Meta and comes as tech giants plan over $600 billion in AI infrastructure spending this year. The draft is not final.
5 March 2026
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Sandisk to Join Bloomberg 500 Index as SNDK Shares Whipsaw After Market Jitters

Sandisk to Join Bloomberg 500 Index as SNDK Shares Whipsaw After Market Jitters

Sandisk will be added to the Bloomberg 500 index on March 12, Bloomberg Indices said Thursday. The stock ended down 5.6% at $565.55 after sharp swings this week, following its spin-off from Western Digital and focus on AI-driven storage. Western Digital has been selling its Sandisk stake to cut debt. The B500 tracks 500 large U.S. companies with a combined $58.19 trillion market cap.
5 March 2026
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Broadcom Stock Climbs as AI Chip Forecast Tops $100 Billion, Q2 Outlook Beats

Broadcom Stock Climbs as AI Chip Forecast Tops $100 Billion, Q2 Outlook Beats

Broadcom raised its 2027 AI chip sales forecast to over $100 billion, sending shares up 4.8% to $332.65. First-quarter revenue rose 29% to $19.31 billion, with AI revenue more than doubling to $8.4 billion. The company expects $22 billion in second-quarter revenue and approved a $10 billion share buyback plan. CEO Hock Tan said Broadcom will ship custom chips to Anthropic and OpenAI in 2026 and 2027.
5 March 2026
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Goldman Sachs warns $100 oil could hit growth and stoke inflation as Iran war widens

Goldman Sachs warns $100 oil could hit growth and stoke inflation as Iran war widens

Goldman Sachs warned a temporary jump in oil to $100 a barrel, driven by widening conflict in Iran, could cut global growth by 0.4 percentage point and raise inflation by 0.7 points. The bank raised its Brent crude forecast for Q2 2026 to $76 a barrel, citing risks to Middle East supply. Oil prices rose over 3% to $83.81 on Thursday. Morgan Stanley now expects the ECB to hold rates steady through 2026.
5 March 2026
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Chevron stock jumps as oil surges on Iran conflict and Hormuz choke point fears

Chevron stock jumps as oil surges on Iran conflict and Hormuz choke point fears

Chevron shares rose 1.7% to $189.28 Thursday as oil prices surged after Iran’s conflict disrupted supply and shipping. Brent crude settled up 4.93% at $85.41 a barrel, while U.S. WTI jumped 8.51% to $81.01, its highest since July 2024. Shipping costs for Middle East-to-China crude soared to over $450,000 a day. Chevron’s Israeli gas fields, including Leviathan and Tamar, were idled by Iranian strikes.
5 March 2026
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Bloom Energy Corporation lands Bloomberg 500 Index spot as BE stock slips — what investors watch next

Bloom Energy Corporation lands Bloomberg 500 Index spot as BE stock slips — what investors watch next

Bloom Energy will join the Bloomberg 500 Index before the market opens on March 12, Bloomberg Indices said Thursday. Shares fell 3.8% to $158.47 in afternoon trading, valuing the company at about $19.8 billion. Bloom reported 2025 revenue of $2.02 billion and expects up to $3.3 billion in 2026. The company cited data-center demand as a key growth driver.
5 March 2026
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Credo Technology Group Holding stock jumps as Broadcom backs copper over optics in AI racks

Credo Technology Group Holding stock jumps as Broadcom backs copper over optics in AI racks

Credo Technology shares climbed 9% to $111.94 Thursday after Broadcom endorsed copper-linked wiring for AI data centers. The gain followed a 14.8% drop earlier in the week on lower gross-margin guidance despite record quarterly revenue of $407 million, up 201.5% year over year. Credo’s top three customers grew sequentially, but together made up 88% of revenue, heightening concentration risk.
5 March 2026
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Stock Market Today

  • Aston Martin Shares Plunge 97% Since 2018 IPO, £17,007 Investment Now Worth £442
    May 17, 2026, 5:00 PM EDT. Aston Martin's (LSE: AML) share price has crashed 97.4% since its October 2018 IPO, where it floated at £19 per share valuing the firm at £4.33 billion. Today, shares trade near 49.32p, reducing a £17,007 initial investment to just £442. The luxury carmaker battled management upheavals, including CEO Andy Palmer's 2020 exit, and was heavily impacted by weak demand, US tariffs, and high net debt of £1.5 billion versus a market cap of around £500 million. Despite a Q1 revenue rise of 16% to £270 million and narrowing operating losses, Aston Martin continues to burn cash amid shrinking vehicle development and workforce cuts. Investor sentiment remains cautious amid ongoing financial pressures and volatile market conditions.

Latest articles

Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

17 May 2026
Navitas Semiconductor closed Friday at $21.32, down 4.48% but up 17.14% for the week after raising about $122 million through an at-the-market stock sale. The company sold 6.5 million shares, increasing cash and share count. Investors await Navitas’ May 19 appearance at the J.P. Morgan tech conference. The stock mirrored volatility across the semiconductor sector as the Philadelphia SE Semiconductor Index fell 4% Friday.
Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Faces Quick Test Beyond Subscriber Counts

17 May 2026
Netflix shares closed at $87.02 Friday, up 0.09% for the day but down 0.5% from the prior week. The company told advertisers its ad-supported plan now reaches over 250 million global viewers and will expand to 15 more countries in 2027. First-quarter revenue rose 16% year-over-year to $4.0 billion in operating income. The stock remains in its post-10-for-1 split range announced last October.
Palantir boosts outlook, but AI stock stays under watch

Palantir boosts outlook, but AI stock stays under watch

17 May 2026
Palantir closed Friday at $133.99, down 2.8% from its May 8 close despite raising its 2026 revenue forecast. The Nasdaq ended a six-week rally as rising oil prices and bond yields hit AI stocks. Retail traders sold $82 million of Palantir shares last week, according to JPMorgan. Ukraine expanded its use of Palantir-linked AI in the war with Russia.
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