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A U.S. judge has refused to immediately block President Donald Trump’s executive order tightening rules around mail-in voting.But District of Columbia Judge Carl Nichols left open the possibility that Democrats could challenge the bill again as the administration moves to implement it.Recommended stories list of 3 itemsend of listNichols, an appointee of President Trump, ruled Thursday against requests by Democrats and civil rights groups to halt the executive order. Challengers argued that the measure was likely unconstitutional because the power to set election rules rests with the states and Congress, not the president.But in his ruling, Nichols agreed with the…
Micron Memory Japan Co., Ltd. booth at the SEMICON Japan exhibition held in Tokyo on December 18, 2025.Kiyoshi Ota | Bloomberg | Getty ImagesThe rally in semiconductor stocks has been incredible, and traders can’t help but bet on it.Open interest in a put contract of VanEck Semiconductor ETF (SMH) In the past two months, call subscriptions have soared to just under 1.7 million, a record high, according to Bloomberg data since the fund was founded in 2011. In contrast, there are just over 500,000 unpaid telephone contracts.At the same time, SMH’s implied volatility has been rising, approaching 55% on Tuesday,…
Dell reported its fastest-paced revenue growth since returning to the public markets more than seven years ago, with sales and profits beating analysts’ expectations. Shares rose as much as 27% in extended trading Thursday. Here’s how the company performed compared to the LSEG consensus:Earnings per share: $4.86 adjusted vs. $2.94 expected Revenue: $43.84 billion vs. $35.43 billion expectedSales for the quarter ended May 1 were up nearly 88% compared to the same period last year, the company said in a statement. Since its IPO in 2018, five years after the server maker went private, it has never seen year-over-year growth…
Vienna Neustadt, AustriaReuters — An Austrian court on Thursday sentenced a 21-year-old to 15 years in prison on various charges, mostly related to terrorism, for planning an Islamist attack on a Taylor Swift concert in Vienna in 2024. Beran A., whose last name has not been published in accordance with Austrian privacy rules, was arrested on August 7, 2024, the day before the first of three concerts planned by the American pop star in the Austrian capital. All three dates were subsequently canceled, much to the dismay of fans and Swift, who later wrote that she was “devastated.” In Vienna,…
Visa announced an undisclosed investment in AI coding platform Replit. The companies are also exploring ways to integrate Visa’s payments products into Replit, allowing developers and the AI agents they build to accept payments directly from customers without leaving the platform. Visa added that more than 1,000 employees use Replit for prototyping and development. As part of the partnership, the companies are exploring how Replit’s developers can leverage Visa’s AI-powered payments suite, Visa Intelligent Commerce, and Visa’s Trusted Agent Protocol, a system that securely verifies an AI agent’s identity by sharing information such as its intent and relevant customer details,…
best buy The consumer electronics retailer, aiming to break free from slumping sales, announced its first-quarter financial results on Thursday, with both sales and final profit exceeding expectations.The company said sales increased slightly, led by 2% like-for-like sales growth. The company reaffirmed its outlook for full-year sales of $41.2 billion to $42.1 billion and adjusted earnings per share of $6.30 to $6.60. It expects like-for-like sales to be in the range of 1% decrease to 1% increase. The company said gaming, computing, mobile phones and services were the biggest growth drivers in the quarter, partially offset by lower consumer electronics…
The United States and Iran have reached a preliminary memorandum of understanding (MOU) to extend the ceasefire between the two countries for 60 days and begin negotiations toward a permanent end to the war, officials said.U.S. officials told Al Jazeera on Thursday that the framework still requires final approval from President Donald Trump. If the deal is finalized, it would be a major breakthrough after weeks of diplomatic deadlock.Recommended stories list of 3 itemsend of listHowever, details of the tentative agreement remain unclear. It is also unclear whether the 60-day extension means a deadline for negotiations. The ongoing ceasefire is…
Early bird pricing ends tomorrow, May 29th at 11:59pm PT. After that, the price of TechCrunch Disrupt 2026 will increase. If you miss out on this, you’ll end up paying more for the same access to one of this year’s most anticipated tech hubs. Register now and save up to $410 on passes and up to 30% off on group passes. Disrupt: A starting point in the technology ecosystem If you’re looking to raise money, hire top talent, launch a startup, or find your next portfolio company, you won’t want to miss Disrupt, which will be held at Moscone West…
New data shows financial pressures could prompt more savers to tap into retirement accounts in the first half of 2026, potentially locking in losses in the early weeks of the Iran war.The average 401(k) balance fell 4% to $141,000 amid severe market volatility earlier this year, according to first-quarter data released Thursday by Fidelity Investments, the nation’s largest provider of 401(k) savings plans.The average balance in individual retirement accounts also fell 4% to $131,380 in the first quarter, according to Fidelity research.Kirsten Hunter Peterson, vice president of workplace thought leadership at Fidelity Investments, said the decline was due to a…
Web development company based in Israel wicks CEO Abishai Abrahami announced in a post on X early Thursday that the company would cut about 20% of its workforce, citing the “rapid evolution of its AI capabilities” and difficulties surrounding currency exchange rates.”Since the invention of modern programming languages in the 1970s, we have seen the most significant change in the way companies are built. This is not just about adopting new tools, it is about rewiring the way companies are built, thought, managed, and operated,” Abrahami wrote, noting that the company will move toward reducing the number of leaders in…