Esteban Tesson

Anthropic nears $1tn valuation following record-breaking funding round

Anthropic has announced it raised $65bn in a Series H funding round, bringing its post-money valuation to $965bn. The financing was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, confirming the massive investor appetite for companies specializing in generative artificial intelligence.

May 29, 2026 at 12:10 am IST

Wall Street rallies on reports of potential Iran deal

After opening slightly lower, US indices have returned to positive territory following an Axios report of a breakthrough in negotiations between Iran and the United States, though the agreement still requires Donald Trump's approval. Against this backdrop, the S&P 500 is up 0.3%, the Dow Jones is down a marginal 0.1%, while the Nasdaq 100 has gained 0.4%.

May 28, 2026 at 08:56 pm IST

Wall Street Rallies Following Reports of Potential Iran Deal

After a slightly lower opening, American indices have returned to positive territory following a report from Axios suggesting common ground has been reached in negotiations between Iran and the United States, though the agreement still requires approval from Donald Trump. In this context, the S&P 500 is up 0.3%, the Dow Jones is down slightly by 0.1%, while the Nasdaq 100 has gained 0.4%.

May 28, 2026 at 08:40 pm IST

Salesforce beats expectations on AI strength, but still cautious on outlook

Salesforce reported quarterly results that topped Wall Street expectations, bolstered by robust growth in its artificial intelligence operations. The American cloud software giant posted adjusted EPS of $3.88, on revenue of $11.13bn for the quarter ended April, exceeding analysts' forecasts. Revenue rose 13% y-o-y, while net income reached $2.11bn, up from $1.54bn a year earlier.

May 28, 2026 at 11:46 am IST

Snowflake surges following robust earnings and massive cloud deal with AWS

Snowflake shares soared 30% after the company reported quarterly results that beat expectations and announced a major agreement with Amazon Web Services involving $6bn in cloud spending over five years. The data cloud specialist plans to scale up its use of AWS technologies, notably Amazon-developed Graviton processors as well as dedicated artificial intelligence graphics chips.

May 28, 2026 at 11:28 am IST

Salesforce beats expectations on AI strength but remains cautious on outlook

Salesforce reported quarterly results that topped Wall Street expectations, bolstered by strong growth in its artificial intelligence operations. The American cloud software giant posted adjusted earnings of $3.88 per share on revenue of $11.13bn for the quarter ended in April, surpassing analyst forecasts. Revenue rose 13% year over year, while net income reached $2.11bn compared to $1.54bn a year earlier.

May 28, 2026 at 01:55 am IST

Snowflake Surges Following Robust Earnings and Massive Cloud Agreement with AWS

Snowflake shares jumped 30% after the company reported quarterly results that exceeded expectations and announced a major agreement with Amazon Web Services involving $6bn in cloud spending over five years. The data cloud specialist plans to increase its use of AWS technologies, specifically Amazon-developed Graviton processors as well as graphics chips dedicated to artificial intelligence.

May 28, 2026 at 01:49 am IST

Boeing claims readiness to ramp up 737 Max production

Boeing CEO Kelly Ortberg stated that the planemaker has met the conditions set by the US Federal Aviation Administration (FAA) to increase the 737 Max production rate to 47 aircraft per month. The group currently produces approximately 42 aircraft monthly and expects to gradually reach this new target in the coming months, following the validation of the final review conducted by the US regulator.

May 27, 2026 at 09:51 pm IST

PDD Holdings penalized by slowing Chinese consumption

Chinese e-commerce giant PDD Holdings reported a sharp decline in quarterly profit and revenue that missed market expectations, amid persistent weakness in demand in China. The group's shares tumbled nearly 11% in intraday trading. Chinese retailers continue to suffer from the fallout of the real estate crisis, employment concerns and slowing household income growth, all of which are weighing heavily on consumption.

May 27, 2026 at 09:16 pm IST

Boeing Signals Readiness to Accelerate 737 Max Production

Boeing Chief Executive Kelly Ortberg has announced that the aerospace giant has met the conditions set by the Federal Aviation Administration (FAA) to increase 737 Max production rates to 47 aircraft per month. The group currently produces approximately 42 aircraft monthly and expects to gradually reach this new target in the coming months, pending the final validation of the U.S. regulator's review.

May 27, 2026 at 09:15 pm IST

U.S. Markets Waver as Investors Await Middle East De-escalation

Following a slightly higher open, the major U.S. indices are trading mixed this Wednesday. Investors remain focused on hopes for an agreement between Iran and the United States, following reports from Iranian state television suggesting a potential compromise that could reopen maritime traffic in the Strait of Hormuz.

May 27, 2026 at 08:40 pm IST

PDD Holdings Penalized by Slowing Chinese Consumption

Chinese e-commerce giant PDD Holdings reported a sharp decline in quarterly profit and revenue that fell short of market expectations, amid persistent weakness in Chinese demand. Shares of the group tumbled nearly 11% during the session. Chinese retailers continue to suffer from the effects of the real estate crisis, employment concerns, and slowing household income growth, all of which are weighing heavily on consumption.

May 27, 2026 at 08:22 pm IST

Andrew Houston to step down as Dropbox CEO after nearly two decades

Dropbox has announced the upcoming departure of its CEO and co-founder Andrew Houston, who will step down following a transition period. Ashraf Alkarmi, currently head of the group's core products, has been appointed co-CEO before taking charge of the company. The announcement was met with a cool reception from the markets, with Dropbox shares closing down almost 3.5% yestereday (pre-market trading -1.6% today).

May 27, 2026 at 06:28 pm IST

Sunshine Silver targets $2.32bn valuation in upcoming IPO

Sunshine Silver Mining & Refining Company is planning a US IPO that could value the firm at up to $2.32bn. The American company aims to raise up to $330m by offering 20 million shares within a price range of $13.50 to $16.50 per share. Proceeds are primarily intended to fund the restart of a former mine in Idaho that previously produced silver, antimony and other minerals.

May 27, 2026 at 11:46 am IST

Volvo Cars secures US waiver for Chinese connected vehicle technology

Volvo Cars has announced that it has received authorization from US authorities to continue selling vehicles in the United States featuring connected car technologies developed in China. The Swedish automaker, majority-owned by China's Geely Holding, stated that this waiver followed discussions with the US Department of Commerce regarding governance, technology and data security.

May 27, 2026 at 09:39 am IST

Volvo Cars Secures U.S. Waiver for Chinese Connected Technologies

Volvo Cars has announced that it received authorization from U.S. authorities to continue selling vehicles in the United States that incorporate connected car technologies developed in China. The Swedish automaker, which is majority-owned by the Chinese group Geely Holding, stated that this waiver followed discussions with the U.S. Department of Commerce regarding governance, technology, and data security.

May 27, 2026 at 01:40 am IST

Sunshine Silver Targets $2.32bn Valuation in Upcoming IPO

Sunshine Silver Mining & Refining Company is planning a U.S. initial public offering that could value the firm at up to $2.32bn. The American company intends to raise as much as $330m by offering 20m shares within a price range of $13.50 to $16.50 per share. Proceeds are primarily earmarked to finance the restart of a historic mine in Idaho that previously produced silver, antimony, and other minerals.

May 27, 2026 at 12:19 am IST

Qualcomm strikes strategic AI chip deal with ByteDance

Qualcomm has reached an agreement with TikTok owner ByteDance to supply chips for AI-focused data centers, according to reports from Bloomberg News. The announcement was welcomed by the markets, with the US group's stock climbing approximately 5% following the news.

May 26, 2026 at 09:32 pm IST

Andrew Houston to Step Down as Dropbox CEO After Nearly Two Decades

Dropbox has announced the upcoming departure of its CEO and co-founder Andrew Houston, who will step down following a transition period. Ashraf Alkarmi, currently the head of the group's core products, has been named co-CEO before eventually assuming sole leadership of the company. The announcement was met with a cool reception from the markets, as Dropbox shares fell nearly 2%, bringing the stock's year-to-date decline to more than 3%.

May 26, 2026 at 09:30 pm IST

Qualcomm Strikes Strategic AI Chip Deal with ByteDance

Qualcomm has reached an agreement with TikTok owner ByteDance to supply chips for data centers specialized in artificial intelligence, according to reports from Bloomberg News. The announcement was well received by the markets, with shares of the American group rising approximately 5% following the publication of the news.

May 26, 2026 at 09:08 pm IST

U.S. Markets Rise, Driven by Technology Stocks

Wall Street remains in positive territory at mid-session this Tuesday, supported by a rebound in tech stocks and renewed optimism regarding discussions between the United States and Iran. Despite overnight U.S. strikes in southern Iran, investors continue to bet on a diplomatic de-escalation. Around 5:00 p.m. Paris time, the S&P 500 is up 0.76%, while the Nasdaq 100 has gained 1.73%, led by the technology sector. Meanwhile, the Dow Jones is down 0.18%.

May 26, 2026 at 08:47 pm IST