United States · Business
Same event, multiple sources, transparently cited.
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Dell shares surge up to 33% on record quarterly revenue driven by AI server demand
Dell reported an 88% rise in quarterly revenue fueled by a 757% jump in AI server sales, sending shares up to 33% this week.
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Asian Central Banks' Sharp Rate Hikes Fail to Stabilize Currencies Amid Oil Price Pressure
Asian central banks raised interest rates aggressively to support currencies, but most currencies remain volatile or weaker as of late May 2026.
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Lenovo Shares More Than Double in May 2026, Driven by AI Revenue Growth
Lenovo's shares more than doubled in May, fueled by an 84% jump in AI-related revenue and strong demand for AI servers.
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Social media giants settle Kentucky school lawsuit for $27 million over teen mental health claims
Meta, Snap, TikTok parent ByteDance, and YouTube agreed to pay $27 million to settle a lawsuit filed by Breathitt County School District.
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Federal Reserve officials stress commitment to controlling inflation above 2% target
Fed officials Jeff Schmid and Neel Kashkari reaffirm focus on reducing inflation above 2% over five years amid labor market stability.
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Malaysia demands refund from Norway after missile deal cancellation, seeks US alternatives
Malaysia called on Norway to expedite refunds following Norway's revocation of a €124 million naval missile contract, while exploring US missile options.
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CNN sues Perplexity AI for copying over 17,000 stories and images without permission
CNN filed a copyright lawsuit against Perplexity on May 28, alleging unauthorized scraping and reuse of CNN content in AI products.
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Iran war drives inflation concerns as ECB, Fed weigh policy responses
The Iran war’s impact on energy costs has raised inflation risks, prompting central banks to consider further rate hikes.
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Trump claims Iran peace deal includes Strait of Hormuz access and nuclear disarmament
Donald Trump said he could approve an Iran peace deal with major concessions, including opening the Strait of Hormuz and ending Iran's nuclear program.
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Kane Parsons' low-budget horror Backrooms breaks box office records with $81.5M debut
20-year-old director Kane Parsons' Backrooms earned about $81.5 million domestically, setting records for original horror films and studio A24.
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SpaceX CEO Musk clarifies six-month lease with Anthropic despite IPO filings
Elon Musk said SpaceX’s Colossus AI compute lease with Anthropic is a six-month deal with mutual 90-day cancellation, contradicting IPO details claiming multi-year commitments.
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US Opens Ebola Quarantine Center in Kenya for Americans Exposed in Congo
The US is building a 50-bed quarantine center in Kenya for Americans exposed to Ebola in the DRC, with sick patients possibly sent to Europe for treatment.
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Nick Bilton Named Executive Producer of CBS's 60 Minutes
Nick Bilton was appointed executive producer of 60 Minutes on May 28, replacing Tanya Simon after a year in charge.
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Kevin Warsh sworn in as Federal Reserve chairman amid rising inflation pressures
Kevin Warsh was sworn in as Federal Reserve chairman at the White House on May 21, facing high inflation and market uncertainty.
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Ferrari unveils Luce, first fully electric car, as shares drop amid criticism
Ferrari revealed its Luce electric sedan May 25 in Rome, facing mixed reviews and a 7-8% share decline the next day.
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US CFTC Seeks to Vacate $5 Million Penalty Against Winklevoss' Gemini Crypto Exchange
The US Commodity Futures Trading Commission asked a judge to vacate a $5 million fine and injunction against Gemini Trust Company, founded by the Winklevoss twins.
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Anthropic raises $65 billion, becomes world's most valuable AI startup at $965 billion valuation
Anthropic raised $65 billion in funding, reaching a $965 billion valuation and surpassing OpenAI's $852 billion mark from March 2026.
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Salesforce posts stronger Q1 earnings but warns of cautious Q2 revenue outlook amid AI concerns
Salesforce reported first-quarter revenue and earnings beating estimates but forecast second-quarter revenue below expectations amid AI disruption worries.
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Dell awarded nearly $9.7 billion Pentagon contract to consolidate Microsoft software purchases
Dell Federal Systems won a $9.7 billion five-year contract to streamline Microsoft software procurement for the Pentagon and other agencies.
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New York enacts pied-à-terre tax on second homes valued $1M and up
New York lawmakers passed a pied-à-terre tax on luxury second homes to raise $500 million in revenue over coming years.
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US Energy Department selects five startups to develop plutonium fuel for advanced reactors
The US Department of Energy chose five startups to negotiate using Cold War-era plutonium as fuel for advanced nuclear reactors.
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Quantum Computing Firm Quantinuum Files IPO to Raise up to $1.05 Billion
Quantinuum, backed by Honeywell, filed for an IPO to raise up to $1.05 billion by issuing 21 million shares at $45-$50 each.
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US and Iran near interim deal to extend ceasefire and reopen Strait of Hormuz
President Trump is considering a framework deal with Iran to extend a ceasefire and reopen the Strait of Hormuz amid rising US inflation and Middle East conflict.
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BTS wins Artist of the Year and Song of the Summer at 2026 American Music Awards
BTS won Artist of the Year and Song of the Summer at the 52nd American Music Awards in Las Vegas on May 25, 2026.