Wall Street Giant Jane Street Drops $6B on CoreWeave AI Cloud and Buys $1B Stake
Trading firm Jane Street commits $6B for CoreWeave’s AI cloud services and invests $1B in equity, marking CoreWeave’s third major deal this week.
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Immutep Scores FDA Orphan Drug Win for Rare Cancer Treatment Efti
Immutep’s efti shows strong tumor shrinkage in rare cancer STS, earning FDA orphan status to speed development and approval.
Morgan Stanley Smashes Records: $5.6B Profit Fueled by Iran War Volatility
Morgan Stanley crushed Q1 2026 earnings with a $5.6B profit (+30%) and record $20.6B revenue, beating expectations, driven by strong trading, banking, and client inflows amid market volatility.
Upgrade for Symbotic – DA Davidson Highlights Unmatched AI Technology
Symbotic upgraded to Buy, price target $70. Strong AI robots, $700M cash, no debt, big orders, and growth plans boost outlook.
Bank of America Delivers Best EPS in Nearly 20 Years
Bank of America Q1 2026: profit up 17%, revenue up, trading and deals strong, beat forecasts, solid growth across all businesses.
Snap Cuts 1,000 Jobs (16% of Staff) to Reach Profitability
Snap cuts 1,000 jobs and 300 roles to save $500M, focus on AI, cut costs, and improve profits amid weak ad market.