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Cerebras Systems’ monster debut on Thursday not only put the company in one of the biggest IPOs in tech industry history, but was a clear signal of the unstoppable demand for AI-powered chips as tech giants scramble to replace expensive and sold-out Nvidia graphics processing units.Cerebras ended its first day of trading on Wall Street with a market capitalization of just under $100 billion, putting it in line with the few companies that have closed above their market capitalizations, including Facebook parent Meta and Alibaba. The stock closed 10% lower in the first full day of trading on Friday.Here’s what…
As the rice planting season approaches, Maung Noo Sein needs fuel for tilling and fertilizer to nourish the rice. But the ship carrying his vital cargo is trapped 2,000 miles away as Iran takes control of one of the world’s most important waterways. Now, farmers are doing the math. Will he be able to survive when fuel and farming costs are higher than the income he earns from selling rice? “There are many farmers who are abandoning their land because they are struggling with everything,” the 72-year-old told CNN from his home in western Myanmar. His country had been in…
Harvey Weinstein’s legal journey has once again come to an inconclusive conclusion. According to multiple media outlets, Weinstein’s case ended in another mistrial on May 15 after a jury failed to reach a unanimous verdict after his third trial in New York City in 2013 for raping Jessica Mann. Eh! The News has reached out to Weinstein’s legal team for comment, but has not yet received a response. In 2017, Mann, an actress and hairstylist, accused Weinstein of raping her in a New York City hotel room. In the years since, his lawyers have argued that the encounter was consensual,…
Traders work during Hawkeye 360’s initial public offering (IPO) at the New York Stock Exchange (NYSE) on Thursday, May 7, 2026, in New York, USA.Michael Nagle | Bloomberg | Getty ImagesStocks fell on Friday, bogged down by declines in tech stocks and rising U.S. Treasury yields after the conclusion of a summit between President Donald Trump and Chinese President Xi Jinping left traders worried about the lack of major policy progress. of S&P500 It fell 1.24% to end at 7,408.50. Nasdaq Composite It fell 1.54% to 26,225.14. of Dow Jones Industrial Average It fell 537.29 points (1.07%) to close at…
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When Brooks Nader left her Louisiana home at age 19 to pursue her modeling dreams, she knew she had to make a big deal. “When I moved to New York, my dad said, ‘You’re living on a full scholarship. I don’t have any money to support you in New York. You should get a boyfriend,'” she explained to People magazine. “Thank God I did it just to pay the rent.” But she definitely fell in love with advertising executive Billie Hare, whom she married in December 2019 in New Orleans’ French Quarter. Her mother and father weren’t too thrilled to…
Las Vegas Raiders running back Ashton Giunty celebrates a third-quarter touchdown against the New England Patriots at Gillette Stadium on September 7, 2025 in Foxboro, Massachusetts.Daniel Parkhizkaran | Boston Globe | Getty ImagesFirst Football, the largest minority shareholder in the NFL’s Las Vegas Raiders, plans to sell a 25% stake in the team to a group led by Egon Durban at a valuation of $9.9 billion, according to people familiar with the deal. The people familiar with the deal spoke on condition of anonymity because they were not authorized to discuss the private transaction publicly.First Football Group bought a 20%…
CNBC’s Jim Cramer said Friday that stock investors need to remember that the bond market is in the driver’s seat at the moment, and that move looms large heading into next week’s important earnings report. “The anger in the bond market can wreak havoc on even the strongest stock market,” the “Mad Money” host said.On Friday, U.S. Treasury yields soared as oil prices soared after President Donald Trump told Fox News he was “not going to be any more patient” with Iran, adding: “We should get a deal.” Cramer noted that concerns about inflation are also dampening expectations for a…
When Brooks Nader left her Louisiana home at age 19 to pursue her modeling dreams, she knew she had to make a big deal. “When I moved to New York, my dad said, ‘You’re living on a full scholarship. I don’t have any money to support you in New York. You should get a boyfriend,'” she explained to People magazine. “Thank God I did it just to pay the rent.” But she definitely fell in love with advertising executive Billie Hare, whom she married in December 2019 in New Orleans’ French Quarter. Her mother and father weren’t too thrilled to…
Pakistan captain Sana scored 50 off 15 balls in the winning innings against Zimbabwe in Karachi.Published May 15, 2026May 15, 2026Pakistan’s Fatima Sana smashed a 15-ball 50 against Zimbabwe, breaking the world record for fastest half-century in women’s T20 international cricket.Playing at home at the National Stadium in Karachi, the all-rounder top-scored with 62 off 19 balls as Pakistan defeated the visiting team by 133 runs and shut out the series 3-0.Sana broke the 18-ball half-century record held by New Zealand’s Sophie Devine, Australia’s Phoebe Litchfield and India’s Richa Ghosh.With Pakistan opting to bat first, the captain relaxed from the…