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Apple reported Q2 2026 revenue of $111.2 billion, up 17%, beating estimates. iPhone sales of $56.99B slightly missed, while services hit a record $30.98B. Board authorized $100B buyback.
Anthropic is fielding preemptive offers for a $40–50 billion funding round at a $900 billion valuation, eclipsing OpenAI's $852 billion mark and reflecting annualized revenue now approaching $40 billion.
Top AI researchers are leaving Meta, Google, and OpenAI to found startups, with David Silver raising a record $1.1 billion seed round for Ineffable Intelligence. VC funding for new AI labs hit $18.8 billion in Q1 2026, doubling 2025.
The Trump administration is drafting guidance to bypass a Pentagon supply chain designation and restore federal access to Anthropic's tools, including its Mythos AI. But a new dispute over how broadly Mythos can be deployed is reopening the standoff.
Visa reported fiscal Q2 2026 earnings with revenue up 17% year over year to $11.2 billion and EPS up 20%, while announcing an additional $20 billion in stock buybacks.
NeoCognition emerged from stealth with $40M seed funding to build specialized AI agents, while a bipartisan US bill introduces stricter deepfake penalties and whistleblower protections.
Microsoft's AI business hits a $37B annual run rate as Copilot crosses 20 million paid enterprise seats, agent mode becomes default in Office apps, and Accenture commits 740,000 seats in the largest deal to date.
Meta launches stablecoin payouts for creators in Colombia and the Philippines using USDC on Solana and Polygon, with Stripe handling payments and tax reporting.
Meta reported Q1 revenue of $56.3 billion, beating estimates, but daily active people fell to 3.56 billion, missing expectations. The company raised its 2026 capex forecast to $145 billion, sending shares down 7%.
Google signed a deal allowing the Department of Defense to use its Gemini AI on classified networks for any lawful government purpose, triggering an internal revolt from 950 staff who called it an ethical breach.
More than 100 crypto firms including Coinbase and Ripple have signed an open letter pressing the Senate Banking Committee to advance the Clarity Act before Memorial Day, warning that legislative delay risks pushing investment and jobs offshore as the EU pulls ahead.
Amazon, Microsoft, and Alphabet all beat Q1 2026 revenue estimates, but combined hyperscaler capex tops $650B, raising urgent questions about AI spending payback.
Amazon beat Q1 estimates with EPS of $2.78 on $181.5B revenue, but free cash flow plunged 95% to $1.2B as AI investments drove capex to $44.2B. AWS revenue surged 28% to $37.59B, while its chips business topped a $20B annual run rate.
Patrick Witt announced a breakthrough legal framework for the Strategic Bitcoin Reserve, which holds 328,372 BTC worth ~$25 billion. The update precedes potential codification via the 2026 NDAA.
Sen. Thom Tillis ends his blockade of Kevin Warsh's Fed chair nomination after the DOJ drops its probe into Jerome Powell, with markets now pricing in at most one rate cut for all of 2026.
The Fed holds rates steady at 3.5%-3.75% in Jerome Powell's final meeting as chair, with inflation at 3.3% due to Iran war oil shock. Markets see no rate cut in 2026.
OpenAI is partnering with Qualcomm and MediaTek to develop a smartphone that relies on AI agents instead of apps, with mass production expected in 2028, according to analyst Ming-Chi Kuo.
OpenAI missed internal revenue and user growth targets, per WSJ, sparking a sell-off in Oracle, Nvidia, and other AI stocks. Oracle fell 4% despite its $300 billion, five-year partnership with OpenAI.
Intel reported Q1 2026 revenue of $13.6B, crushing expectations by over $1B. Data center and AI revenue rose 22%, the foundry unit grew 16%, and the stock surged 16% after hours.
Ineffable Intelligence, founded by ex-DeepMind researcher David Silver, raised a record $1.1 billion seed round at a $5.1 billion valuation, backed by Sequoia, Nvidia, and others. The startup aims to build superintelligence using reinforcement learning without human data, joining a wave of Big Tech alumni launching billion-dollar AI startups.
Beijing's NDRC ordered Meta to unwind its $2 billion acquisition of agentic AI startup Manus, placing the company's CEO and chief scientist under exit bans as China asserts regulatory reach over Singapore-incorporated tech.
BlackRock Investment Institute advises moving from bonds to stocks, citing persistent inflation from the Iran war and a 40-basis-point surge in 10-year Treasury yields to 4.39%.
Bitcoin slid to $76,472 on April 28 as stalled US-Iran talks and rising oil prices rattled crypto markets, even as BlackRock's IBIT pulled in $3 billion and spot ETF flows hit their strongest weekly haul since January.
Strategy (formerly MicroStrategy) purchased 3,273 BTC for ~$255 million, bringing total holdings to 818,334 BTC worth $63.5 billion. The firm now controls 76% of all corporate-held Bitcoin.