U.S. stock futures rose early Friday as traders eyed developments between the U.S. and Iran. They also looked ahead to the release of April's jobs report.
S&amp;P 500 futures and Nasdaq 100 futures … [+2799 chars]

Economists polled by Dow Jones are expecting job gains of just 55,000 last month and for the U.S. unemployment rate to remain at 4.3%.

CNBC

Stock futures are higher as traders monitor U.S.-Iran developments; April jobs report looms: Live updates - CNBC

Iran's military accused the US of violating the ceasefire by targeting its ships, including an oil tanker, that were moving towards the Strait of Hormuz, according to Islamic Republic of Iran Broadca… [+5 chars]

The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

BBC News

Oil prices rise after US and Iran exchange fire in Hormuz strait - BBC

The back-and-forth messaging comes as tech industry officials anxiously await an executive order spelling out how the administration plans to prevent powerful new AI models from being misused to laun… [+6018 chars]

The White House is looking for “partnership” with companies rather than pursuing “government regulation,” a senior White House official said.

Politico

White House distances itself from tighter AI regulation - Politico

Roughly 8,750 Microsoft employees have a month to decide whether they’ll stick with the company or take the money and run.
The Redmond-based tech giant is offering a voluntary retirement program for… [+3092 chars]

Microsoft is offering a buyout program for employees that includes severance pay, continued healthcare and stock award vestments.

The Seattle Times

Microsoft unveils details of buyout push, offers cash and healthcare - The Seattle Times

Information in Investors Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. … [+1064 chars]

Bitcoin miner IREN continues its shift to AI infrastructure with a new strategic partnership with Nvidia. IREN stock rallies.

Investor's Business Daily

IREN Stock Rallies On Nvidia Partnership For AI Deployments - Investor's Business Daily

Cloudflare is laying off more than 1,100 employees as the cybersecurity company says it is reorganizing for the "agentic AI era," according to a memo sent to staff on Thursday.
The cuts came hours a… [+5613 chars]

Cloudflare announced 1,100 layoffs as it restructures for the age of agentic AI, sending shares tumbling.

Business Insider

Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era' - Business Insider

Space is ice coldbut on Wall Street, space stocks are red-hot. Now, investors haveanotherExternal link
optionExternal link
to play the trend ahead ofSpaceXs debut, the ultimate space IPO.
Copyrigh… [+89 chars]

HawkEye provides space-based intelligence to the U.S. government. It priced its IPO on Wednesday. The stock, which trades under the symbol HAWK, is soaring in its first day of trading.

Barron's

HawkEye 360 IPO: Stock Surges in Trading Debut - Barron's

Airbus lands AirAsia order for 150 planes. Boeing Air Force One contract receives update. BA rises on China order expectations.

Airbus Lands $19 Bil Order; Boeing Wins Air Force One Contract - Investor's Business Daily

Just days after announcing deep job cuts and an artificial-intelligence push, Coinbase Global Inc. showed how tightly its fortunes remain tied to crypto markets. 
First-quarter revenue tumbled a mor… [+270 chars]

Just days after announcing deep job cuts and an artificial-intelligence push, Coinbase Global Inc. showed how tightly its fortunes remain tied to crypto markets.

Bloomberg

Coinbase Swings to a Loss While Posting Another Revenue Drop - Bloomberg.com

For many warm weather fruit lovers, the prospect of unlimited ripe and rosy peaches is mouth-watering. For Central California farmers, its more of a waking nightmare.To make ends meet, these farmers … [+3710 chars]

One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.

Fortune

California farmers will destroy 420,000 peach trees after Del Monte closes canning facilities - Fortune

Ryan Cohen's eBay auction briefly hit a snag: eBay itself.
The GameStop CEO announced on Wednesday that he was "selling stuff on eBay to pay for eBay," a reference to the company's unsolicited bid, … [+2169 chars]

CEO Ryan Cohen listed his "stuff" on eBay in a publicity stunt tied to GameStop's efforts to acquire the company. Then, his account got flagged.

GameStop CEO's eBay account has been reinstated after it was suspended for 'suspicious activity' - Business Insider

By Juby Babu
May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure … [+2175 chars]

CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices ‌of components, sending the cloud...

Yahoo Entertainment

CoreWeave tops revenue estimates as AI boom supercharges cloud demand - Yahoo Finance

Three months ago, Elon Musk wrote on X that Anthropic was evil, misanthropic, and that the AI lab hated Western civilization. On Wednesday, he leased Anthropic one of his most valuable assets: the wo… [+5307 chars]

“He who controls the data center, really does control the application of artificial intelligence right now.”

Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its data landlord - Fortune

Shares ofDatadogsurged Thursday after the monitoring and analytics platform reported better-than-expected earnings and revenue for the first quarter.
Copyright ©2026Dow Jones &amp; Company, Inc. All… [+49 chars]

Datadog, the software company, reports better-than-expected earnings and revenue for the first quarter.

Datadog Stock Soars After Earnings. Why It’s a Software Bright Spot. - Barron's

DEKALB COUNTY, Ga. — Officials have identified a woman who died after another driver crashed into her car outside a metro Atlanta Kroger.
The crash happened at the Kroger off Wesley Chapel Road arou… [+904 chars]

The crash happened at the Kroger off Wesley Chapel Road around 3:20 p.m. on Wednesday. NewsChopper 2 flew over the large scene and saw the damage caused by the cars.

WSB Atlanta

Aunt of Falcons players dies after driver crashes into her car parked outside Kroger - WSB-TV

Elon Musk’s legal effort to dismantle OpenAI may hinge on how its for-profit subsidiary enhances or detracts from the frontier lab’s founding mission of ensuring that humanity benefits from artificia… [+4709 chars]

Elon Musk's legal effort to dismantle OpenAI may hinge on how its for-profit subsidiary enhances or detracts from the frontier lab's founding mission of ensuring that humanity benefits from artificial general intelligence.

TechCrunch

Elon Musk’s lawsuit is putting OpenAI’s safety record under the microscope - TechCrunch

It has only been a month since Southwest Airlines' first planes touched down in Sonoma County, but an airline turf battle is brewing in California's wine country.
Now, the region is getting three ne… [+2989 chars]

Alaska Airlines is doubling down on California Wine Country with three new routes to Santa Rosa, while returning to Long Beach after a decade absence.

The Points Guy

Wine country turf war? Alaska Airlines adds 3 Sonoma routes, returns to Long Beach - The Points Guy

Prediction market startup Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. Thats double the $11 billion valuation Kalshi nabbed just five months ago after… [+718 chars]

Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.

Kalshi doubles valuation in 5 months, hitting $22B - TechCrunch

Palmer Airport's predicament might be the most extreme possible scenario, but it's illustrative of Spirit Airlines' role at many small regional airports. Atlantic City International Airport in New Je… [+942 chars]

Despite Spirit's demise, there will always be travelers looking for the most affordable flights possible.