Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips. ...
Economy
Fed’s Kashkari says inflation fight takes priority as labor market is ‘in decent shape’
The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action…
American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi on more than 500 planes
American Airlines said it will install SpaceX's Starlink for inflight Wi-Fi on more than 500 of its airplanes. ...
Trump to host Cabinet meeting at Camp David on Wednesday as Iran talks continue
Trump and his top officials will make the rare trip to the woodsy Maryland retreat to discuss issues both foreign…
Micron hits $1 trillion market cap for the first time as stock surges 18%
A global memory shortage driven by AI is spiking demand for chipmakers like Micron. ...
Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher
Core inflation — which strips out prices of private transport and accommodation — came in at 1.4%, against estimates of…
Oil prices fall 5% after Trump says Iran talks proceeding in a ‘constructive manner’
Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and…
Oil market at ‘tank bottoms’ in Asia, and Europe isn’t far behind, warns Carlyle’s Currie
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by…
Spirit’s collapse, high fuel prices test limits of summer vacation spending
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to…