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Mistral to explore designing own chips, CEO Arthur Mensch says

TazaPulseMay 28, 2026

French startup Mistral AI is exploring designing its own chips and may eventually develop them, CEO Arthur Mensch told CNBC. It is the first comment made by Mensch about Mistral’s semiconductor ambitions, underscoring how the company is looking to control more of its infrastructure as it competes with U.S. heavyweights OpenAI and Anthropic. “Of course,...

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Ferrari stock fell after EV launch. Don’t be ‘overly concerned’: Citi

TazaPulseMay 28, 2026

Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model. Ferrari | Via Reuters Ferrari‘s stock plummeted after it unveiled its first fully electric vehicle, which was criticized by the luxury carmaker’s former boss and even Italy’s transport minister....

Mark Zuckerberg says Meta starting cloud business ‘on the table’

TazaPulseMay 28, 2026

Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial, Feb. 19, 2026. Jon Putman | Anadolu | Getty Images Meta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and ends up...

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AI stock dominance raises concerns, but the market rally is broadening

TazaPulseMay 28, 2026

A fragile stock rally is starting to show signs of broadening out, suggesting there could be opportunity for investors in the market beyond artificial intelligence alone. The S & P 500 on an equal weight basis hit all-time highs on Tuesday. The index rose as hopes of a ceasefire in Iran tempered the price of...

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Salesforce (CRM) Q1 earnings report 2027

TazaPulseMay 28, 2026

Salesforce reported stronger-than-expected quarterly results on Wednesday, but the cloud software vendor issued full-year guidance that was slightly below Wall Street expectations. The stock was little changed in extended trading. Here’s how the company did relative to LSEG consensus: Earnings per share: $3.88 adjusted vs. $3.12 expected Revenue: $11.13 billion vs. $11.05 billion expected Revenue...

Snowflake rockets 35% on earnings beat, will spend $6B on Amazon cloud

TazaPulseMay 28, 2026

Sridhar Ramaswamy, CEO of Snowflake, poses in front of the company signage outside of the New York Stock Exchange on Sept. 30, 2025. NYSE Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use of the company’s custom silicon and chips for artificial intelligence. Snowflake’s...

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What Stephen Miller gets wrong about debt and immigration

TazaPulseMay 28, 2026

White House Deputy Chief of Staff Stephen Miller speaks with members of the press outside the West Wing of the White House in Washington, Aug. 29, 2025. Andrew Caballero-Reynolds | AFP | Getty Images The U.S. national debt grew past 100% of gross domestic product last month, putting the country on the path to beat...

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Lamborghini CEO stands by canceling its own EV

TazaPulseMay 28, 2026

Ferrari unveiled the Ferrari Luce electric vehicle in the symbolic setting of the Vela di Calatrava, Città dello Sport in Rome in May, 2026. (Ferrari S.p.a.) Ferrari S.p.a. After intense backlash following the reveal of Ferrari’s first all-electric vehicle, the Luce, the CEO of rival luxury vehicle maker Lamborghini said canceling his company’s EV plans...

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Alabama asks Supreme Court to House map that dilutes Black vote

TazaPulseMay 27, 2026

A map of a GOP proposal to redraw Alabama’s congressional districts is displayed at the Alabama Statehouse in Montgomery, Ala., Tuesday, July 18, 2023. Kim Chandler | AP The state of Alabama asked the Supreme Court on Wednesday to pause a lower-court order barring the state from using a controversial congressional district map for the...

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Mortgage refinance demand drops 18%

TazaPulseMay 27, 2026

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Mortgage rates continued their climb last week, making it harder for current homeowners to save on a refinance. Potential homebuyers also pulled back a bit, causing total mortgage application volume to drop 8.5% last week compared with...