Skillz Wins $420 Million Verdict Against Papaya in Major Bot Fraud Lawsuit
Papaya Gaming must pay Skillz $420 million after a jury found it used bots to cheat players in human-only games.
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American Airlines Q1 Results: Strong Demand & Revenue Beat, But Jet Fuel Pain Hits Hard
American Airlines hit record $13.9B revenue in Q1 2026 but still lost $382M due to high fuel costs; outlook steady, shares rose.
Activist Investor Pushes Voya to Sell Its $1.1 Trillion Empire
Activist investor pushes Voya to sell itself or weak health unit after losses, despite its $1.1T in assets and flat stock.
Super Micro Stock Plunges as Oracle Scraps $1.1B–$1.4B Rack Contract
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.
JPMorgan Slams Avis Short Squeeze: Is a Massive Share Offering Coming?
JPMorgan cut Avis rating; stock fell 38% after a short squeeze. Valuation seen too high, possible share sale may cool rally.
Applied Digital Shares Surge as New U.S. Hyperscaler Signs $7.5B, 15-Year Lease
Applied Digital stock jumps on a $7.5B AI data center deal, boosting total contracts to $23B and securing long-term growth.