Pulse
Original reporting by Pulse, synthesizing breaking news from multiple sources with AI-powered analysis. Each story combines insights from leading publishers, expert commentary, and real-time data.
Bank of Ghana Reports Record GH¢15.6bn ($1.3bn) Loss for 2025 Amid Gold Purchases and Policy Costs
The Bank of Ghana disclosed a GH¢15.6bn (about $1.3bn) loss for 2025, citing a costly gold‑purchase programme, reserve revaluations and elevated policy expenses. Officials said the loss masks policy gains and confirmed a recapitalisation plan to shore up the bank’s balance sheet.
Spirit Airlines' Abrupt Shutdown Spurs U.S. Carriers to Scramble for Stranded Passengers
Spirit Airlines announced an immediate wind‑down of its global operations, cancelling all flights and ending customer service. Major U.S. carriers rushed to absorb stranded passengers and hire displaced staff, while the airline cited soaring fuel costs and a lack of...
Trump Reviews Iran's 14‑Point Peace Plan as Oil Prices Top $108 per Barrel
President Donald Trump announced he is reviewing Iran's new 14‑point peace proposal while oil benchmarks surged past $108 a barrel. The move comes as the Strait of Hormuz remains effectively closed, keeping global oil and LNG flows constrained and fueling...
Ukraine Secures $13.3 Bn in New Defense Deals as Iran Conflict Fuels Global Arms Market
Ukraine announced two major defence cooperation agreements worth $13.3 bn—$8.6 bn with Norway and $4.7 bn with Germany—while President Volodymyr Zelensky highlighted low‑cost drone‑intercept solutions amid the Iran‑Israel war. The deals underscore Kyiv’s push to turn regional conflict into a market for its...
Blackstone Defends Private Credit Amid Growing Scrutiny, Highlights Strong Institutional Backing
Blackstone CEO Steve Schwarzman pushed back on recent systemic‑risk warnings during the firm’s Q1 earnings call, emphasizing that 75% of its private‑credit assets are held by institutional investors. He also cited a 9.4% annual net return on non‑investment‑grade private credit,...
Warsh Nomination Sparks Bond Market Jitters as Powell Stays on Board
President Trump’s nomination of former Fed governor Kevin Warsh to replace Jerome Powell has ignited a debate over future rate policy. Powell will remain on the Board of Governors, but the clash of views is already pushing Treasury yields higher...
KOSPI Hits Record Highs, Up 30% in April as AI Chip Boom Drives $4 Trillion Market Cap
South Korea’s KOSPI surged to a new all‑time high of 6,750 points, delivering a 30.6% rise in April. The rally, powered by semiconductor giants Samsung and SK Hynix, lifted Korea’s market capitalization to about $4 trillion, but analysts are flagging valuation pressures...
Bursa Malaysia Expected to Trade 1,700‑1,730 Amid West Asia Tensions, Valuations Seen Fair
The FTSE Bursa Malaysia KLCI is projected to oscillate between 1,700 and 1,730 points next week as geopolitical risk in West Asia persists. At the same time, Rakuten Trade’s research team says the index is fairly valued, trading at about...
Spirit Airlines Near Shutdown Threatens 4,000 Flights at DFW
Spirit Airlines, the low‑cost carrier that has been in its second bankruptcy, is on the brink of ceasing operations after a failed bailout request. The shutdown would eliminate more than 4,000 scheduled flights at Dallas‑Fort Worth International Airport and leave...
Boston Mayor Wu Explores $5‑$9 Congestion Pricing to Fund Climate Goals
Boston Mayor Michelle Wu announced a study of congestion pricing as part of her climate action plan, aiming to curb emissions and raise funds for transit. The proposal, modeled on New York’s $9 charge that generated $550 million, faces pushback from...
Iran's Internet Blackout Costs $30‑$40 Million Daily, Halts Digital Advertising
Iran's authorities have kept a full internet shutdown in place for four months, disconnecting 90 million people and costing the economy $30‑$40 million each day. The blackout has devastated online advertising, e‑commerce and small‑business revenue, prompting layoffs at major platforms like DigiKala.
AST SpaceMobile Shares Slide 11% After Blue Origin Launch Mishap
AST SpaceMobile’s shares fell 10.8% in April after a Blue Origin launch mis‑placed its BlueBird 7 satellite, prompting FAA grounding and heavy insider selling. The setback comes as the company battles cash burn and mounting competition from SpaceX’s Starlink.
Deepfake Scams Threaten $900 Million in FinTech Losses, Prompting New Regulatory Push
FinTech firms face a surge in AI‑generated deepfake fraud that has already cost victims close to $900 million, according to the FBI. The rise of hyper‑realistic fake bank alerts, invoices and voice‑cloned calls is prompting industry‑wide calls for stronger authentication and...
ARK Invest Puts $40 Million Into Robinhood as Stock Slides 13%
Cathie Wood’s ARK Invest purchased roughly $40 million of Robinhood shares on April 29, buying 553,892 shares across three funds while offloading $6.1 million of its spot Bitcoin ETF. The move comes after Robinhood reported a 13% stock plunge and a 47% drop...
NIST Halts Enrichment of Pre‑March 2026 CVEs in NVD, Curbing Public Visibility of Older Flaws
The U.S. National Institute of Standards and Technology announced that the National Vulnerability Database will drop routine enrichment for all CVEs reported before March 1 2026, prioritizing federal‑critical and known‑exploited flaws. The move responds to a 263% rise in CVE submissions from...
UK Cyber Agency Warns AI Will Trigger Massive Patch Wave Across Legacy Code
The UK’s National Cyber Security Centre (NCSC) warned that AI‑driven vulnerability hunting will unleash a flood of patches as hidden flaws from years of technical shortcuts surface. Ollie Whitehouse, the NCSC’s CTO, says organisations must prepare for a “patch wave”...
Former Genpact CEO Urges B2B SaaS Firms to Cannibalize Revenue with AI
In a Newsweek AI Impact Forum webinar, former Genpact CEO Tiger Tyagarajan told enterprise software leaders they must deliberately cannibalize current revenue by embedding AI, shifting from task‑based tools to outcome‑focused services. He argues the move is essential for long‑term value...
Fed Leaves Rates Steady but Signals Tougher Cut Path, Markets Slip
The Federal Reserve left the target range for the federal funds rate unchanged at 3.50%‑3.75% but a record four dissenting votes signaled a tougher road to future cuts. The mixed signal sent the Dow up 0.31%, the S&P 500 up...
Reddit CEO Steve Huffman Touts AI‑driven Ad Growth as Platform Readies New Marketing Tools
Reddit CEO Steve Huffman highlighted a surge in AI‑powered advertising, with ad revenue climbing 74% to $625 million and roughly 50% of Reddit Max advertisers using AI features. The company signaled upcoming AI‑focused marketing tools as it targets $715‑$725 million revenue in...
Apple’s Mac Mini Faces Weeks‑long Back‑order as AI Demand Outstrips Supply
Apple raised the entry‑level Mac mini price to $799 and now estimates delivery in early June, after AI‑driven demand outpaced supply. CEO Tim Cook warned the desktop line could take months to rebalance, while the company eyes U.S. production to...
Micro‑Influencer Videos Deliver 342% ROI Surge for E‑Commerce in Q1 2026
E‑commerce brands that partnered with micro‑influencers saw a 342% return on investment in Q1 2026, far outpacing traditional celebrity endorsements. The shift, driven by algorithm changes on TikTok, Instagram and YouTube, is prompting retailers to rebuild their influencer strategies around...
Celcuity's Gedatolisib Triplet Beats Alpelisib in Phase 3 PIK3CA‑Mutant Breast Cancer Trial
Celcuity Inc. announced that its Phase 3 VIKTORIA‑1 trial met its primary endpoint, showing a statistically significant and clinically meaningful progression‑free survival benefit for the gedatolisib‑fulvestrant‑palbociclib regimen over alpelisib‑fulvestrant in PIK3CA‑mutant HR+/HER2‑ advanced breast cancer. The data will be presented at...
Auvik Deploys Aurora AI Agents to Cut IT Incident Resolution Time
Auvik announced the launch of Aurora, an AI‑powered suite of IT agents that automate network troubleshooting, prioritize alerts and manage lifecycle tasks. Built on a 15‑year SaaS data set, the agents aim to shrink mean‑time‑to‑resolution for the thousands of organizations...
KBRA Reports April CMBS Delinquency Drops to 7.6%, Multifamily Distress Rises
KBRA said the 30‑plus‑day delinquency rate on U.S. private‑label CMBS slipped to 7.6% in April, a 15‑basis‑point decline from March. At the same time, the multifamily sector’s distress rate jumped 60 basis points, marking the second month in a row...
Falcon Copper, Glencore MoU to Supply Up to 1.6 Mtpa Copper for U.S. Supply Chain
Falcon Copper Corp. and Glencore International AG have signed a memorandum of understanding under which Glencore will supply up to 1.6 million tonnes of copper concentrate per year to Falcon’s planned U.S. smelting and refining facilities. The non‑binding pact aims to...
GBH and New England Public Media Merge to Form Massachusetts' Largest Public‑Media Organization
GBH and New England Public Media announced a merger that will create one of the biggest statewide public‑media entities in Massachusetts, reaching more than 1.3 million people each week. The deal, slated for completion this summer, preserves both brands while unifying...
Aviva Completes Acquisition of DisasterCare Group to Expand Disaster‑recovery Services
Aviva has closed its acquisition of DisasterCare Group, including The Flood School, positioning the insurer as an active recovery partner. While the purchase price was not disclosed, the deal signals a shift toward vertical integration of property claims and climate‑adaptation...
Zoom Appoints Russell Dicker as Chief Product Officer to Steer AI‑driven Automation
Zoom Video Communications has hired Russell Dicker, a former Microsoft Teams corporate vice president, as chief product officer. Dicker will lead the integration of the Zoom AI Companion and broader machine‑learning features to turn the video‑conferencing service into an AI‑first...
Accenture Leads $110 Million Series C in Netomi, Boosting Agentic AI for Enterprise CX
Accenture Ventures spearheaded a $110 million Series C round for San Francisco‑based Netomi, pairing the funding with a strategic partnership to embed the startup’s agentic AI platform into enterprise customer‑experience operations. The deal also brings Adobe Ventures on board, signaling a broader...
Bitcoin Options Show 58% Calls, 42% Puts and 25% Chance of $84K Target
Bitcoin options open interest rose to roughly $30 billion, with calls outpacing puts 58% to 42%. Deribit‑priced contracts imply about a 25% probability that BTC will breach $84,000 by the May 29 expiry, underscoring divergent bullish and bearish signals in the derivatives...
Thoughtly Raises $5.5M to Embed AI Agents in CRMs, Targeting Lead‑coverage Gaps
Thoughtly closed a $5.5 million seed round led by Armory Sq. Ventures to launch a no‑code, omnichannel AI platform that embeds virtual agents directly into CRM workflows. The funding brings its total to over $8 million and aims to eliminate the industry‑wide...
Aurex Launches AI‑Led Property Investment Platform in India
Aurex, formed from the merger of three regional property firms, has launched an AI‑driven investment service covering Delhi, Kolkata and Dubai. The venture targets residential, plotted, villa and off‑market assets for domestic and overseas buyers, signaling a push toward algorithmic...
UC San Diego Health Performs First AI‑Guided Robotic Spine Surgery on West Coast
UC San Diego Health completed the West Coast’s first AI‑guided robotic spinal surgery, using a platform that merges artificial intelligence, real‑time imaging and robotic screw delivery. The breakthrough aims to boost surgical accuracy, cut operating time and lower radiation exposure...
Senators Warner and Budd Introduce Workforce Transparency Act to Mandate Real‑Time AI Labor Data
Senators Mark Warner and Joni Ernst (Budd) unveiled the Workforce Transparency Act, a bipartisan bill that would compel firms to submit anonymized, AI‑related workforce data to the Department of Labor. Backed by tech giants and AI research groups, the legislation...
Qualcomm Unveils Agentic CPU and Plans First Data‑Center Chip Shipments by December 2026
Qualcomm CEO Cristiano Amon announced a dedicated agentic CPU for data‑center AI workloads and confirmed that the company will ship its first custom data‑center ASICs to a major hyperscaler by December 2026. The news sent the stock up more than...
U.S. Labor Dept Launches SMS AI Course and Apprenticeship Portal to Upskill Workers
The U.S. Labor Department rolled out two coordinated AI‑training programs – a free week‑long SMS‑based literacy course and a new Apprenticeship Innovation Portal – to give American workers basic AI competencies. The moves, announced during National Apprenticeship Week, signal a...
Enterprise AI Scaling Demands Data Superhighway, Governance and New Security Tools
Accenture’s research shows 86% of enterprises will boost AI spend in 2026, yet only 21% have redesigned end‑to‑end processes around AI. At the same time, Anthropic has launched Claude Security, a code‑vulnerability scanner for enterprise customers, underscoring the need for...
Cursor Launches SDK to Embed AI Coding Agents in CI/CD Pipelines
Cursor released a public‑beta SDK that lets developers spin up its AI coding agents from TypeScript, integrating them into CI/CD pipelines and products. Early adopters include Faire, Rippling, Notion and C3 AI, and the move fuels a valuation discussion that...
China Taps Western Renewable Power to Slash AI Data‑center Costs
China is linking wind and solar farms in its western Gansu province to AI data centers in Qingyang, driving electricity costs down to 0.1 yuan/kWh. The move, part of an "East‑to‑West Computing" push, could lower AI operating expenses by up to...
Cerebras Systems Targets $4 Bn IPO at $40 Bn Valuation, Eyes Nasdaq Debut
Cerebras Systems announced plans to raise as much as $4 bn in an initial public offering that would value the AI‑chip maker at roughly $40 bn. The filing, backed by Morgan Stanley, Citigroup, Barclays and UBS, follows a $10 bn multi‑year compute deal...
Codingal Names Praveen Kumar VP of Operations to Drive Global K‑12 EdTech Scaling
Codingal has appointed Praveen Kumar as Vice President of Operations. Kumar, who grew Apna’s ARR to $11 million in two years and Udacity’s India vertical to $6 million in 18 months, will oversee teacher management, customer experience and program delivery as the...
Google Pulls Experimental COSMO AI Assistant From Play Store Days After Launch
Google launched the experimental COSMO AI assistant on the Play Store on May 1, 2026, only to remove it within hours. The 1.13 GB app bundles a Gemini Nano model for offline processing and offered three fulfillment modes. The abrupt pull...
Hedge Fund Inflows Surge to $45 B as Large‑Cap Stocks Reach Record Highs
Hedge funds pulled in $45 billion of fresh capital this month, the biggest inflow in years, as the S&P 500 and Nasdaq 100 closed at all‑time highs. The surge reflects renewed risk appetite fueled by mega‑cap technology earnings, especially Apple’s upbeat...
FTC Orders Rollins to Halt Non‑Compete Enforcement for 18,000 Workers
The Federal Trade Commission issued a consent order on April 15, 2026 requiring Rollins, Inc., the parent of Orkin, HomeTeam and Critter Control, to cease enforcing non‑compete agreements for more than 18,000 employees. The agency also warned 13 other pest‑control...
Man Group Faces $6 Billion Redemption, Highlighting Institutional Capital Volatility
Man Group disclosed a $6 billion redemption from a single institutional client, the largest single outflow in recent hedge‑fund history. The withdrawal spotlights growing concentration risk as hedge funds lean heavily on a few large allocators, raising questions about liquidity management...
Muthoot Group Elevates Abhinav Iyer to Chief General Manager, Marketing & Strategy
The Muthoot Group announced the promotion of Abhinav Iyer to Chief General Manager – Marketing & Strategy after more than a decade with the conglomerate. Iyer, who joined in 2014 and most recently served as General Manager, will now steer...
India's ETF Inflows Surge to $22 B in FY26, Gold and Silver Lead the Charge
India’s ETF market attracted a record ₹1.81 lakh crore (≈$22 bn) of net inflows in FY26, more than double the FY22 peak. Gold and silver ETFs together drew over ₹99,000 crore, outpacing equity ETFs and signaling a shift toward commodity‑linked, low‑tax investment vehicles.
Morgan Stanley Forecasts $800 Bn Indian Capex Surge Linked to West Asia Conflict
Morgan Stanley’s latest research predicts an $800 bn cumulative increase in India’s capital expenditure over the next five years, spurred by the West Asia conflict. The bank lifts its investment‑to‑GDP forecast to 37.5% by FY2030, with most of the new spending...
Citi Deploys Arc Platform to Scale AI Agents Across 180,000 Employees
Citi unveiled its Arc platform in April 2026 to scale AI agents across the bank, reporting that more than 80% of its 180,000 employees with access to Citi AI tools regularly use the technology. The move follows a broader banking...
Tesla Expands FSD Lite to Older HW3 Cars Worldwide and Overhauls Intervention Reporting
Tesla said its stripped‑down Full Self‑Driving (FSD) Lite will be offered to older HW3 models globally, after an initial U.S. rollout, while also unveiling a streamlined intervention‑reporting menu. The moves target disgruntled HW3 owners and aim to sharpen the company’s...