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Today: May 01, 2026
Today: May 01, 2026

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Reddit rallies as AI‑driven ad growth fuels strong revenue outlook

Reddit shares jumped 16% in premarket trading on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company's AI-driven advertising tools.The company's AI-optimized ad platform helps advertisers place targeted ads directly within relevant discussion threads across its interest-based communities called subreddits.The strong results signal that the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Facebook.Reddit is "still hiring and adding to our talent base," Chief Operating Officer Jen Wong told
Reddit rallies as AI‑driven ad growth fuels strong revenue outlook
Business|Economy|Finance|Stock Markets|US|World

Sell in May and go away? Not so fast, investors

Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerful market recovery heading into a historically turbulent stretch of the year.The S&P 500 has already staged a dramatic comeback, recovering a near-10% decline in just 11 trading sessions after a selloff triggered by disruptions to global oil supplies. That snapback has left investors asking: is the worst over, or is a seasonal storm still coming?While the S&P 500 Index's long-term performance for the May-October period, going back to 1945, is a lac
Sell in May and go away? Not so fast, investors
Business|Economy|Science|Technology

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry

SpaceX has spent more than $15 billion developing its next-generation Starship rocket, according to the company’s IPO registration reviewed by Reuters, a sum that dwarfs the cost of its workhorse Falcon rocket as Elon Musk’s space company nears a decade trying to perfect a fully reusable launch system.The future of SpaceX’s most lucrative businesses as it sprints toward public markets at a $1.75 trillion valuation rests largely on Starship, a towering two-stage rocket system central to Musk’s ambitions to launch larger batches of Starlink satellites, carry humans to the moon and Mars,
SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry

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Crime|Education|Health|US

Stabbing at Washington state high school wounds 6, including suspect, police say

A student at a Tacoma high school was booked on five counts of first-degree assault after four students and an adult security guard were wounded in a stabbing at the school Thursday, police said. The Tacoma Fire Department took five people to hospitals from Foss High School, with four of the patients in critical condition and one with minor injuries, said Chelsea Shepherd, a spokesperson for the department. A sixth person was in police custody and taken to a hospital with minor injuries, she said. All were in stable condition as of late afternoon. All
Stabbing at Washington state high school wounds 6, including suspect, police say
Arts|Crime|Entertainment|Political|US|World

Prosecutors release new video showing moments before shooting at press dinner

Prosecutors filed new evidence Thursday including video showing the moments before the shooting at the White House Correspondents’ Dinner that President Donald Trump and administration officials attended at the Washington Hilton hotel in DC on Saturday night.The video shows the alleged attacker, Cole Tomas Allen, walk through a doorway in the hall leading to the security check point.One second later, an officer and his dog approach the door, which leads to a separate hallways with elevators.The officer stands at the doorway looking down the hallway with elevators for approximately 12 seconds
Crime|Opinion|Political|Science|Technology|US

How a speculative story about dead and missing scientists went from the fringe to the White House

In an April 15 press briefing, Fox’s Peter Doocy asked White House press secretary Karoline Leavitt an unexpected question. “There are now 10 American scientists who have either gone missing or died since mid-2024. They all reportedly had access to classified nuclear or aerospace material,” he said. “Is anybody investigating this to see if these things are connected?”Leavitt told Doocy she would look into it; the next day, Doocy asked President Donald Trump about it in person, and Trump said he had “just left a meeting” on the subject. On April 17, Leavitt announced that the Whit
How a speculative story about dead and missing scientists went from the fringe to the White House
Sports|US|World

Daniels, Robinson ejected after fight, part of one-sided series-clinching win for Knicks over Hawks

Atlanta's Dyson Daniels and New York's Mitchell Robinson were ejected from Game 6 of the Hawks-Knicks playoff series Thursday night after a fight that prompted offsetting technical fouls, part of a game in which New York would go on to win by 51 points. It was already decided when the scuffle took place. OG Anunoby extended the Knicks' lead to 50 points with a pair of free throws and 4:39 remaining in the first half. Robinson boxed out Daniels and things got heated, with an official even taking a tumble as many people tried to calm them down. The Hawks' Onyeka Oko

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Business|Crime|World

2 employees fatally shot in a bank robbery in Kentucky

Two bank employees were fatally shot during a robbery in Kentucky and a search was underway for the suspect, authorities said Thursday. A man wearing a gray-white hoodie, gloves and a mask entered a branch of U.S. Bank in Berea and shot a male and female employee, said Trooper Scottie Pennington, a spokesperson for the Kentucky State Police. “They're our people that work in our community, and they’re no longer with us,” Pennington told reporters. “At this time we do have some leads, and we’re trying our best to bring this evil person to justice.”
2 employees fatally shot in a bank robbery in Kentucky
Economy|Political|World

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is

A Vietnam-era law says Congress must sign off on the Iran war after the conflict hits the 60-day mark. The only problem: Lawmakers can’t agree when that deadline actually hits. And now they’ve left town.Under the War Powers Act of 1973, the president has 60 days to conduct military action in response to an imminent threat or an attack on the United States if Congress has not voted to authorize a war. Without explicit congressional authorization, the law says that once that deadline is reached, the president “shall terminate any use of the United States Armed Forces.”Many lawmakers see
Political|World

Pivotal US-Iran war deadline approaches with no end in sight for conflict

U.S. President Donald Trump faces a deadline on Friday to end the Iran war or make the case to Congress for extending it, but the date is most likely to pass without altering the course of a conflict that has lapsed into a standoff over shipping routes.Ending the war appears highly unlikely. Instead, analysts and congressional aides said they expect Trump to notify Congress that he plans a 30-day extension or disregard the deadline, with his administration arguing that a current ceasefire with Tehran marked an end to the conflict.Like most policies in a bitterly divided Congress, war powers h
Pivotal US-Iran war deadline approaches with no end in sight for conflict
Political|World

Trump administration says its war in Iran has been 'terminated' before 60-day deadline

The Trump administration is arguing that the war in Iran has already ended because of the ceasefire that began in early April, an interpretation that would allow the White House to avoid the need to seek congressional approval. The statement furthers an argument laid out by Defense Secretary Pete Hegseth during testimony in the Senate earlier Thursday, when he said the ceasefire effectively paused the war. Under that rationale, the administration has not yet met the requirement mandated by a 1973 law to seek formal approval from Congress for military action that extends beyond

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Political|Sports

Ron DeSantis finds second act as key Trump ally. Will his third act be a 2028 run?

Ron DeSantis finds second act as key Trump ally. Will his third act be a 2028 run?
Election

Supreme Court decision sets off gerrymandering scramble

Supreme Court decision sets off gerrymandering scramble

Political

House Ethics Committee investigating allegations of sexual harassment against GOP Rep. Chuck Edwards

House Ethics Committee investigating allegations of sexual harassment against GOP Rep. Chuck Edwards

Business|Economy|Science|Technology

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far
Business|Economy|Finance|Political

Trump signs executive order expanding workers’ access to retirement plans

Trump signs executive order expanding workers’ access to retirement plans

Political

Trump signs bill funding the Department of Homeland Security, ending record shutdown

President Donald Trump has signed a bill funding much of the Department of Homeland Security and ending the longest agency shutdown in history

Economy|Education|Environment|Opinion|Political|Science|Technology

Supreme Court ruling: The latest in history of diminishing minority voting rights

Supreme Court ruling: The latest in history of diminishing minority voting rights
Environment|Europe|Health|Political|World

Israeli forces intercept Gaza aid flotilla and plans to drop off activists in Greece

Activists attempting to break Israel’s maritime blockade of Gaza say Israeli forces have intercepted their flotilla near the southern Greek island of Crete

Political

‘It’s a mess’: With no Trump endorsement in Texas Senate race, Cornyn and Paxton are locked in an expensive brawl

‘It’s a mess’: With no Trump endorsement in Texas Senate race, Cornyn and Paxton are locked in an expensive brawl

Election

Takeaways from the Supreme Court’s historic Voting Rights Act opinion and what’s next for the midterms

Takeaways from the Supreme Court’s historic Voting Rights Act opinion and what’s next for the midterms