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U.S. President Donald Trump speaks at a Cabinet meeting in the Cabinet Room of the White House in Washington, DC, on May 27, 2026. Evan Vucci | ReutersPresident Donald Trump on Wednesday poured cold water on the possibility of Iran transferring its highly enriched uranium stockpiles to Russia or China as part of a deal to end the war with the United States.”No, I’m not comfortable” with such an arrangement, President Trump said at a White House cabinet meeting.The Kremlin, which has the world’s largest nuclear arsenal, has previously said it would accept enriched uranium from Iran in a bid…

LG Energy Solution Co.’s battery cells on display at the InterBattery exhibition on Wednesday, March 5, 2025 in Seoul, South Korea. Cho Sung Joon | Bloomberg | Getty ImagesShares of LG Energy Solutions rose as much as 16.56% on Thursday after the company’s U.S. unit won a contract to supply battery cells. DTE energy’s storage project in Michigan. The eight projects will provide 1.5 gigawatts, or 6 gigawatt hours, of battery storage to store electricity when surplus power is generated and distribute it to customers as needed, LG Energy Solutions Vertec, a division of the company, said in a press…

Hong Kong — A Chinese lawyer who poisoned a billionaire gaming mogul who helped create Netflix’s hit sci-fi movie “The Three-Body Problem” has been executed, according to Chinese state media. Xu Yao murdered his boss Lin Qi in 2020 by gifting him what he claimed were probiotic pills, but which actually contained a deadly toxin that he bought from the dark web and mixed in his own lab. Earlier that year, the high-handed lawyer had helped Lin secure the film rights to Liu Cixin’s famous trilogy of science fiction novels, starting with “The Three-Body Problem.” He was executed last Thursday,…

Ferrari unveiled the Ferrari Luce electric car in May 2026 in the emblematic setting of the Vera di Calatrava in the Città dello Sport in Rome. (Ferrari Spa)ferrari spaIn response to the intense backlash following the revelation, ferrari’s The CEO of rival luxury car maker Lamborghini, which developed the first fully electric car, the Luce, said his company made the right decision to cancel its EV plans.Lamborghini CEO Stefan Winkelmann said on Wednesday that the company’s decision to discontinue versions of its all-electric Lanzador and SUV Urus to focus on plug-in hybrid electric vehicles was the “right path” for the…

Database provider ClickHouse’s annual revenue run rate exceeded $250 million, triple its business last year, co-founder and president of products and technology Yury Izrailevsky told TechCrunch. Isralewski expects sales to reach high nine digits by the end of the year. ClickHouse was valued at $15 billion in January following a $400 million Series D funding round led by Dragoneer Investment Group. The latest valuation implies a significant multiple of more than 60 times annual earnings. Izrailevsky (pictured left) said the less-than-five-year-old company could go for an IPO within the next few years due to its rapid revenue growth and premium…

Small cap ETF trader I.W.M. People may be nervous ahead of Thursday’s set of U.S. economic data, including the latest reading of the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation.It was up 40% in the past year, compared to 27% the year before. S&P500 and 39% Nasdaq-100 – Option traders russell 2000. Put trading activity accounted for more than 70% of all option premiums exchanged on Wednesday, compared to 60% in 2018. QQQ and less than 40% spy.According to ThinkOrSwim data, the trading volume of put contracts is almost three times higher than that…

Cognition, which developed an autonomous AI software engineer named Devin, has raised more than $1 billion at a pre-money valuation of $25 billion ($26 billion post-money valuation), the company announced Wednesday. That’s a big jump from its $10.2 billion post-money valuation when it closed a $400 million funding round just eight months ago in September. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from existing investors Elad Gil, Soma Capital, Omri Casspi, Founders Fund, and many others. New investors also participated in this round, including Ribbit Capital, Atreides, and Layer Global. This is a huge…

CNBC’s Jim Cramer said Wednesday that investors should stop worrying about how much stocks have already gone up and instead focus on how much upside they still have left. “Don’t worry about where the stock price was. Concentrate on where the stock price is going,” the “Mad Money” host said. “That’s becoming my watchword for this exploding market.”His comments come as many of the market’s biggest winners, particularly artificial intelligence and data center stocks, continue to rise after posting strong gains already this year. Cramer said one of the biggest mistakes investors make is assuming a stock is “too expensive”…

Eight staff members at a backpacker hostel in Laos have been detained by local authorities during an investigation into the deaths of six foreign tourists from suspected methanol poisoning, according to Southeast Asian state media. The deaths of two Australian teenagers, a British woman, an American man and two Danish women, as well as reports of other infections, prompted warnings from Western countries last week that consuming alcohol contaminated in Laos could have deadly consequences. The employees of Nana Backpacker Hostel in the northern town of Vang Vieng, all Vietnamese nationals aged between 23 and 44, were arrested by local…

Cynthia Erivo isn’t discouraged by rumors about her friendship with Ariana Grande. The Tony Award winner cleared the air amid speculation that Grande’s “really conscious decision” to start a relationship was just a sham, as she was incredibly close to the “Thank U, Next” singer during the press tour for Wicked in November 2024. “I don’t think people believed that we were actually friends,” Erivo, 39, explained in an interview with Variety on May 27. “But it’s also because people don’t know me very well. If I’m a friend, I’m a friend. If I’m not a friend, I’m not a…