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Traders at work at the New York Stock Exchange on May 7, 2026. new york stock exchangeof S&P500 Stocks fell on Tuesday, weighed down by declines in tech stocks and higher oil prices, as traders reacted to April’s better-than-expected annual consumer price index.The broader market index closed 0.16% lower at 7,400.96. Nasdaq Composite It fell 0.71% to 26,088.20. of Dow Jones Industrial Average It rose 56.09 points (0.11%) to end at 49,760.56.micron technology It drove the S&P 500 and Nasdaq Composite Index to record highs on Monday, but instead fell 3.6%. The stock has soared more than 37% in the…

Android characters on display in front of a building at Google’s headquarters campus on July 23, 2025 in Mountain View, California. Justin Sullivan | Getty Imagesgoogle Just a few weeks ago, we used the latest Android rollout to make Gemini less of a chatbot and more of an operating layer across phones, browsers, cars, and laptops. apple is expected to show off its own Gemini-powered Apple Intelligence reboot at WWDC. Ahead of next week’s Google I/O developer conference, the company previewed a number of Android updates, including AI-powered app automation, a smarter version of Chrome on Android, new tools for…

Multiple Israeli sources told CNN that Israel is concerned that US President Donald Trump will reach a deal with Iran before addressing some of the key issues that led the two countries to go to war in the first place. A deal that leaves Iran’s nuclear program partially intact while avoiding issues such as ballistic missiles and support for regional proxies would lead to Israel seeing the war as incomplete, officials said. “The biggest fear is that President Trump will get tired of the talks and end any deal by making last-minute concessions,” said an Israeli official. U.S. officials reassured…

Rory McIlroy has been grouped with Ryder Cup teammate Jon Rahm and Grand Slam hopeful Jordan Spieth for the first two rounds of the PGA Championship.A month after successfully defending his title at the Masters, McIlroy will play in the first half of the draw at Aronimink Golf Club, looking to win back-to-back majors. The world number two will depart on Thursday at 8.40am local time (1.40pm BST) with Spieth, the three-time major champion, aiming to win the Wanamaker Trophy this week and join McIlroy in golf’s Grand Slam club. Use Chrome Browser for a more accessible video player Jordan…

As investors scramble to get their hands on shares in all kinds of AI companies, Anthropic updated its website this week to warn investors that many private and secondary investment platforms that offer access to AI company stocks are not actually authorized to do so. The company cited Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive (new offering), Forge Global (new offering), Sydecar, and Upmarket as companies that are not authorized to provide access to buy or sell its stock. “Any sale or transfer of Anthropic stock or interest in Anthropic stock offered by these companies is void…

CNBC’s Jim Cramer said that while comparisons between today’s market and the dot-com bubble are getting louder, one key difference stands out: Wall Street is punishing stocks even more aggressively than it did in 1999.“We keep hearing the drumbeat again that 2026 is 1999,” the “Mad Money” host said. “But the difference between now and 1999 is that this market will not stop punishing companies that let it down…It’s not safe at any level.”of S&P500 and Nasdaq Composite Both rose 0.19% and 0.10% on Monday, closing at record highs. But behind the scenes, Kramer said, the market is becoming increasingly…

U.S. Secretary of Defense Pete Hegseth speaks during a Senate Armed Services Committee hearing on President Donald Trump’s fiscal year 2027 budget request for the Department of Defense on April 30, 2026, at the Capitol in Washington, DC. Eric Lee | ReutersSecretary of Defense Pete Hegseth said President Donald Trump does not need Congressional approval to resume attacks on Iran, despite exceeding the 60-day limit allowed by federal law.Hegseth’s testimony before the Senate Appropriations Committee on Tuesday came after the Trump administration exceeded the 60-day deadline required by the 1973 War Powers Resolution to seek Congressional authorization for the use…

Consumer prices in the U.S. rose for the second consecutive month, marking the largest annual increase in nearly three years, as energy prices soared due to the U.S.-Israel war against Iran.U.S. consumer prices rose 0.6% in April, following a 0.9% increase in March, according to the U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report released Tuesday.Recommended stories list of 4 itemsend of listPrices rose 3.8% on an annual basis, the biggest increase since May 2023. Prices in March rose 3.3%.This increase was due to soaring energy prices, including a 5.4% increase in gasoline and gasoline prices.On an annual…

Consumer prices in the U.S. rose for the second consecutive month, marking the largest annual increase in nearly three years, as energy prices soared due to the U.S.-Israel war against Iran.U.S. consumer prices rose 0.6% in April, following a 0.9% increase in March, according to the U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report released Tuesday.Recommended stories list of 4 itemsend of listPrices rose 3.8% on an annual basis, the biggest increase since May 2023. Prices in March rose 3.3%.This increase was due to soaring energy prices, including a 5.4% increase in gasoline and gasoline prices.On an annual…

Chief referee Howard Webb said the PGMO would remain “vigilant” against “influential” grappling at set-pieces following a “clear and obvious” foul on Arsenal goalkeeper David Raya. West Ham had a 95th-minute equalizer disallowed on Sunday after referee Chris Kavanagh ruled out Callum Wilson’s shot after VAR chief Darren England recommended an on-field review. Sky Sports’ Gary Neville described the call as the biggest in Premier League VAR history, but West Ham planned to contact the PGMO to raise concerns that the call was not “clear and unambiguous”, given that it took four minutes and 17 seconds from the time the…