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bubmag

US stock market today: Why is the Dow Jones crashing today while the Nasdaq and S&P 500 keep hitting record highs? AI stocks surge, oil crashes, and Wall Street splits between old economy fears and tech optimism Black Thursday

US stock market today: Why is the Dow Jones crashing today while the Nasdaq and S&P 500 keep hitting record highs? AI stocks surge, oil crashes, and Wall Street splits between old economy fears and tech optimism

U.S. stock market today is telling two completely different stories at the same time. The Dow Jones Industrial Average is slipping into the red while the Nasdaq Composite and S&P 500 continue pushing toward fresh all-time highs. On the surface, that looks confusing. But underneath Wall Street, the split reveals…
bubmag
May 7, 2026
Hertz Announces Q1 2026 Results, Strongest Revenue Growth in Three Years NASDAQ

Hertz Announces Q1 2026 Results, Strongest Revenue Growth in Three Years

ESTERO, Fla.--(BUSINESS WIRE)--May 7, 2026-- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz,” “Hertz Global,” or the “Company”) today reported results for its first quarter 2026. Q1 2026 HIGHLIGHTS Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz’s strongest year-over-year revenue growth in three years, driven…
bubmag
May 7, 2026
Deforestation and warming could push Amazon to tipping point by 2040s: Study Global Warming

Deforestation and warming could push Amazon to tipping point by 2040s: Study

Deforestation coupled with climate change is rapidly pushing the Amazon Rainforest toward a perilous tipping point that could come much sooner than previously thought. That’s the warning from a new paper, published in Nature, which determined that deforestation of 22-28% of the rainforest, combined with 1.5-1.9° Celsius (2.7-3.4° Fahrenheit) of…
bubmag
May 7, 2026
Elon Musk tried to hire OpenAI founders to start AI unit inside Tesla Elon Musk

Elon Musk tried to hire OpenAI founders to start AI unit inside Tesla

These were among the options explored by OpenAI’s founders as they weighed the best structure to enable the company to raise enough capital to take on Google while retaining its non-profit mission. Ultimately, OpenAI’s executives were not persuaded by Musk’s proposals. Zilis told Musk’s then-chief of staff Sam Teller in…
bubmag
May 7, 2026
Musk wanted to settle with OpenAI just days before their courtroom showdown, new filing says Elon Musk

Musk wanted to settle with OpenAI just days before their courtroom showdown, new filing says

Elon Musk arrives at the federal courthouse in the trial over Musk's lawsuit against OpenAI in Oakland, California, on April 28. Karl Mondon/AFP/Getty Images Elon Musk sought a potential settlement with OpenAI two days before his massive trial against the ChatGPT maker began last week, a new court filing from…
bubmag
May 7, 2026
India’s Modi Gov’t Purged Millions of Voters Before Elections in “Direct Attack” on Democracy Narendra Modi

India’s Modi Gov’t Purged Millions of Voters Before Elections in “Direct Attack” on Democracy

This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: This is Democracy Now!, democracynow.org. I’m Amy Goodman in Austin, Texas, with Nermeen Shaikh in New York. NERMEEN SHAIKH: We turn now to India, where recent state-level elections have created a political earthquake, further consolidating…
bubmag
May 7, 2026