UBS Profit Jumps 80% to $3 Billion as Trading Boosts First-Quarter Results
UBS reported an 80% surge in first-quarter profit to $3 billion, beating expectations as trading revenue strengthened performance.
Archives - 2026 - Page 15
Browse MarketSpeaker’s complete reporting archive across markets, business, the economy, companies, investing, and personal finance. Organized chronologically, it provides a clear record of the developments shaping investors, businesses, and everyday financial decisions.
Musk Testifies in Lawsuit Against OpenAI, Seeks $134 Billion in Damages
Elon Musk has begun testifying in his case against OpenAI, seeking to remove leadership and claim $134 billion in damages over alleged contract violations.
Wall Street Braces for Trillion-Dollar IPO Wave Led by SpaceX, OpenAI and Anthropic
A wave of potential trillion-dollar IPOs from SpaceX, OpenAI, and Anthropic is fueling market excitement and raising concerns over investor positioning.
Microsoft Loses OpenAI Exclusivity as Partnership Terms Shift
Microsoft will lose exclusive rights to OpenAI models, allowing broader distribution as the partnership evolves and revenue-sharing terms change.
U.S. Government’s Intel Stake Gains $25.7 Billion in Eight Months After CHIPS Investment
A U.S. government investment in Intel has generated $25.7 billion in unrealized gains in just eight months after shares surged following earnings.
China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus
China has blocked Meta’s $2 billion acquisition of AI startup Manus, citing regulatory concerns over the cross-border deal.
SanDisk Shares Surge 3000% as AI Boom Drives Data Center Demand
SanDisk shares have surged 3000% over the past year as demand for AI data center storage fuels explosive growth.
Eli Lilly to Acquire Ajax Therapeutics in Deal Worth Up to $2.3 Billion
By Emma Clarke
Eli Lilly will acquire Ajax Therapeutics for up to $2.3 billion, strengthening its pipeline in blood cancer treatments.
Sun Pharma Shares Jump 7% on $11.75 Billion Organon Acquisition
By Emma Clarke
Sun Pharma shares rose 7% after announcing an $11.75 billion deal to acquire U.S.-based Organon, expanding its global footprint.
Microsoft Plans First Voluntary Buyouts Covering Up to 7% of U.S. Workforce
By Emma Clarke
Microsoft is introducing its first voluntary buyout program, targeting up to 7% of its U.S. workforce as part of broader efficiency efforts.
TSMC Shares Hit Record High as Taiwan Eases Investment Limits
TSMC shares reached a record high after Taiwan eased single-stock investment caps, boosting demand from institutional funds.
OpenAI Launches GPT-5.5 With Focus on Agentic Coding and Efficiency Gains
OpenAI released GPT-5.5 with improved efficiency and a focus on agentic coding, though higher pricing reflects its expanded capabilities.
Tesla Begins Cybercab Production in Texas Without Volume Limits
Tesla has started Cybercab production in Texas without volume restrictions, signaling a major step in scaling its autonomous vehicle strategy.
Anthropic Tops $1 Trillion on Secondary Markets, Overtakes OpenAI Valuation
Anthropic is trading at a $1 trillion valuation on secondary markets, surpassing OpenAI and highlighting shifting investor sentiment in AI.
FTX Portfolio Could Have Reached $114 Billion Had Assets Not Been Liquidated
FTX’s investment portfolio could be worth $114 billion today if assets hadn’t been sold during its 2022 collapse, driven by massive gains in AI and tech holdings.