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Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake stock surged 35% after reporting strong first-quarter earnings and announcing a $6 billion spending commitment with Amazon Web Services over five years, including investments in custom Arm-based Graviton chips and AI graphics processing units.

May 27, 20266 min
snowflakeamazon-web-servicesgraviton-chips

Uber Increases Stake in Delivery Hero to ~37% with €12B Valuation Acquisition

Uber has acquired Aspex Management's 14.6% stake in Delivery Hero at a €12B valuation, raising its total stake to approximately 37%, following a takeover offer made last week.

May 27, 20262 min
uberdelivery-heroacquisition

Markets rally amid hopes of US-Iran deal

Global markets surge as negotiations between the US and Iran progress, with oil prices plunging on hopes that a ceasefire deal will reopen the Strait of Hormuz and ease economic uncertainty.

May 27, 20264 min
us-iran-dealstock-marketoil-prices

Employees using AI are working faster, but the economy isn't more efficient. A look at what happened in the pre-Internet era might explain why

While AI tools have boosted individual worker productivity, broader economic efficiency gains remain elusive, mirroring the "productivity paradox" seen during the early internet era of the 1990s.

May 27, 20266 min
ai-productivitysolow-paradoxlabor-productivity

HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates

HP Inc. beat revenue expectations in Q2 with $14.4B in revenue, up 9% year-over-year, driven by strong PC demand from AI-enabled devices and Windows 11 refresh cycles. The company forecasts Q3 adjusted EPS above estimates while managing rising memory chip costs.

May 27, 20262 min
hp-earningsq2-2026revenue-beat

Despite having a $25 million net worth, Hilary Duff thinks saying yes too much to opportunities actually hurt her career

Hilary Duff reveals in a commencement address that saying yes to every opportunity early in her career ultimately hurt her professional growth and voice, advising Gen Z to be selective and intentional with their energy.

May 27, 20264 min
career-advicehilary-duffwork-life-balance

Payroll startup Remote says it grew revenue 50% per employee without adding headcount

Payroll service provider Remote has surpassed $300 million in annual recurring revenue and achieved a 50% increase in revenue per employee by adopting AI across the entire organization, without hiring additional staff.

May 27, 20265 min
payroll-softwareai-adoptionstartup-growth

Oil prices fall more than 5% after Rubio says U.S. will give Iran talks 'every chance to succeed'

Oil prices tumbled more than 5% after Secretary of State Marco Rubio signaled the U.S. will pursue diplomatic talks with Iran while keeping military options on the table. West Texas Intermediate futures fell to $88.68 per barrel amid ongoing negotiations over reopening the Strait of Hormuz shipping lane.

May 27, 20263 min
oil-pricesiran-negotiationsstrait-of-hormuz

A study finds escaping your income bracket no longer means building wealth. That disconnect may be what's driving consumer pessimism to record highs

A new study from the National Bureau of Economic Research reveals that parental wealth has become a more reliable predictor of financial success than personal income, as high earnings no longer guarantee homeownership or wealth generation for most Americans.

May 27, 20265 min
wealth-inequalityhomeownershipamerican-dream

Oil prices fall more than 4% after Rubio says U.S. will give Iran talks 'every chance to succeed'

Oil prices tumbled more than 4% after Secretary of State Marco Rubio signaled the U.S. is committed to giving diplomatic talks with Iran "every chance to succeed," raising hopes for a potential deal that could restore shipping through the critical Strait of Hormuz.

May 27, 20263 min
oil-pricesiran-negotiationsstrait-of-hormuz

How to Max Out Paid Time Off in 2026: PTO Maxxing

Learn strategies for maximizing your paid time off in 2026, including PTO maxxing techniques that help employees take full advantage of their vacation and personal days.

May 27, 20261 min
pto-maxxingpaid-time-offvacation-days

Oil prices fall 4% after Rubio says U.S. will give Iran diplomacy 'every chance to succeed'

Oil prices tumbled more than 4% after Secretary of State Marco Rubio said the U.S. will give talks with Iran "every chance to succeed," with hopes that a potential agreement could restore commercial traffic through the Strait of Hormuz.

May 27, 20263 min
oil-pricesiran-us-diplomacystrait-of-hormuz

Meet the founder who turned his frustrating night shifts as a 14-year-old at his family's hotel into a $2.5 billion company

Richard Valtr founded Mews, a $2.5 billion hospitality technology unicorn, after working tedious night shifts as a teenager at his family's Prague hotel. The company's hotel management software now serves over 15,000 properties worldwide and has raised $710 million across 14 funding rounds.

May 27, 20265 min
mewsrichard-valtrhospitality-tech

NYC-based Pace raises $46M Series B led by Thrive and Sequoia to automate insurance back-office operations

Pace, an AI-powered platform automating back-office operations for insurance companies, raised $46M in a Series B round led by Thrive Capital and Sequoia Capital at a $375M valuation.

May 27, 20262 min
pace-aiinsurance-techseries-b-funding

AI coding startup Cognition raises $1B at $25B pre-money valuation

Cognition, the maker of autonomous AI software engineer Devin, has raised over $1 billion at a $25 billion pre-money valuation, more than doubling its valuation in just eight months and signaling strong investor confidence in independent AI coding startups.

May 27, 20262 min
cognitiondevinai-coding

U.S. oil falls below $90 on report Iran agreement would restore Hormuz traffic in one month

U.S. crude oil prices fell about 5% following reports that Iran has committed to restore commercial traffic through the Strait of Hormuz to prewar levels within one month as part of a framework agreement with the U.S.

May 27, 20263 min
oil-pricesiran-dealstrait-of-hormuz

Former Google and Apple Researchers Launch a Startup to Build AI's Missing Feedback Loop

A group of former Google DeepMind, Apple, OpenAI, and Meta researchers have launched Trajectory, a startup aimed at helping companies improve their AI products by training on real-world user interactions through continuous feedback loops.

May 27, 20262 min
artificial-intelligencestartupsai-feedback-loops

Startup Battlefield 200 applications close today: Nominate a founder or submit your startup

Today is the final day to apply or nominate a startup for Startup Battlefield 200, where 200 early-stage startups will compete for $100,000 in equity-free funding and a chance to pitch at TechCrunch Disrupt before thousands of investors and media.

May 27, 20265 min
startup-battlefieldstartup-fundingearly-stage-startups

U.S. oil falls below $90 on report Iran would restore Hormuz traffic

U.S. crude oil prices fell about 5% Wednesday after reports that Iran would restore commercial traffic through the Strait of Hormuz as part of a framework deal with the U.S., with West Texas Intermediate futures dropping to $89.55 per barrel.

May 27, 20263 min
oil-pricesiran-us-dealstrait-of-hormuz

I've been a CEO for 25 years. The AI hype and hysteria is getting old

After 25 years running companies through multiple tech revolutions, a CEO argues that current AI hysteria has become detached from business reality, and companies should make ROI-based decisions rather than treat AI as an existential threat.

May 27, 20264 min
artificial-intelligenceceo-leadershipbusiness-strategy
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