China Blocks Meta’s $2B AI Acquisition, OpenAI Partners with Qualcomm on Smartphone
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Market update for April 27, 2026.
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In today’s episode:
Big Tech earnings and the Fed meeting set up a massive week for investors
Qualcomm jumps on reports it may help power OpenAI’s future AI smartphone
OpenAI reworks its Microsoft partnership as its legal battle with Elon Musk begins
China blocks Meta’s $2 billion acquisition of AI startup Manus
Verizon rises on strong subscriber growth, while Domino’s drops after weak earnings
Adidas gets a major win after the first official sub-2-hour marathon in history
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