S&P 500 manages to extend weekly win streak despite anticlimactic Trump-Xi summit

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It was lucky No. 7 for the S & P 500 — barely. The S & P 500 rose 0.13% for the week — extending its run of weekly gains to seven in a row. It was the longest such winning streak since December 2023. Record highs on Monday, Wednesday, and Thursday were enough to […]


Ontario introduces online gambling self-exclusion platform

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Ontario residents can now block themselves from every regulated online gambling platform in the province through a single self-exclusion system launched Thursday (May 14). The new service, called BetGuard, is available to people aged 19 and older and covers all provincially regulated operators, including the Ontario Lottery and Gaming Corporation’s online products. Instead of visiting […]


Cerebras’ blockbuster IPO boosts hype for SpaceX, OpenAI, Anthropic

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Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems‘ raucous IPO this week gave investors a taste of what’s to come in artificial […]


UK gambling harms research center begins nationwide

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Researchers at the University of Sheffield are helping lead what officials describe as the country’s biggest independent effort yet to better understand gambling harm and reduce its impact across Britain. The new Gambling Harms Research UK Evidence Centre brings together academics from Sheffield, Glasgow, Swansea and King’s College London. Funding comes through the government’s statutory […]


‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record

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The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing […]


UK taskforce targets illegal gambling advertising networks

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The British government has laid out how a new Illegal Gambling Taskforce will operate as ministers step up pressure on unlicensed betting businesses targeting UK customers. Officials said the group will bring together regulators, payment companies, technology platforms, law enforcement agencies, trade bodies and gambling industry representatives. It will focus on disrupting financial transactions connected […]


Xi says China will ‘open wider’ to U.S. businesses

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Tesla and SpaceX CEO Elon Musk attends a state banquet for US President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images Chinese President Xi Jinping told American CEOs travelling with President Donald Trump that the door […]


New Mexico tribes sue Kalshi over sports betting contracts

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Four New Mexico tribes are taking prediction market company Kalshi to federal court, arguing that its sports contracts amount to illegal online sports betting conducted on tribal lands without approval from tribal regulators. The Mescalero Apache Tribe, Pueblo of Isleta, Pueblo of Pojoaque, and Pueblo of Sandia filed the lawsuit Tuesday (May 12) in federal […]


Manatee County crackdown targets illegal gambling arcades

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Florida gaming regulators and local investigators say a large illegal gambling operation in Manatee County has been dismantled after a coordinated raid that seized hundreds of machines and more than $120,000 in cash. The Florida Gaming Control Commission worked alongside the Manatee County Sheriff’s Office and Homeland Security Investigations during the effort, which authorities called […]


Waymo recalls 3,800 robotaxis after able ‘drive into standing water’

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A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Waymo is recalling about 3,800 robotaxis in the U.S. to fix software issues that could allow them to “drive onto a flooded roadway,” according to a letter on the National Highway Traffic Safety Administration’s website. The […]