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Joby Aviation

Joby just flew an electric air taxi from JFK to Manhattan in under 10 minutes

NYSE: JOBY

Joby Aviation completed the first-ever point-to-point electric vertical takeoff and landing (eVTOL) air taxi demonstration flights in New York City history this past week, kicking off a multi-day public campaign across the city’s heliport network. The aircraft (tail number N545JX) flew between JFK and Manhattan’s Downtown Skyport, West 30th Street, and East 34th Street heliports — tracing exactly the kind of routes Joby plans to fly commercially.

What’s going on

The pitch from Joby is simple: turn a 60-to-120-minute drive to JFK into a seven-minute flight. The New York demonstration was the first chance to make that case in a real operational environment, in FAA-controlled airspace, over the most-watched skyline in the world. CEO JoeBen Bevirt put it directly: “We first flew here in 2023, and now we’re showing what the next chapter looks like.”

Kraken Robotics

Joby just flew an electric air taxi from JFK to Manhattan in under 10 minutes

NYSE: JOBY

Joby Aviation completed the first-ever point-to-point electric vertical takeoff and landing (eVTOL) air taxi demonstration flights in New York City history this past week, kicking off a multi-day public campaign across the city’s heliport network. The aircraft (tail number N545JX) flew between JFK and Manhattan’s Downtown Skyport, West 30th Street, and East 34th Street heliports — tracing exactly the kind of routes Joby plans to fly commercially.

What’s going on

The pitch from Joby is simple: turn a 60-to-120-minute drive to JFK into a seven-minute flight. The New York demonstration was the first chance to make that case in a real operational environment, in FAA-controlled airspace, over the most-watched skyline in the world. CEO JoeBen Bevirt put it directly: “We first flew here in 2023, and now we’re showing what the next chapter looks like.”

EMP Metals

EMP METALS RECEIVES FIRST SALTWORKS EQUIPMENT DELIVERIES AT PROJECT AURORA DEMONSTRATION PLANT

CSE: EMPS · OTCQB: EMPPF · FSE: 9ST

EMP Metals announced this morning that the first seven truckloads of Saltworks production equipment have arrived at the Project Aurora lithium demonstration plant in Stoughton, Saskatchewan. More deliveries are expected in the coming weeks, with the plant on track to start operating in Q3 2026.

What’s going on

Project Aurora is EMP’s integrated, continuous-flow lithium refining demo facility — designed to take raw brine straight from the wellhead and process it into lithium chemicals at 10 cubic metres per day. Saltworks Technologies, EMP’s technology partner, has been building the modular processing equipment off-site. That equipment is now showing up pre-commissioned and on schedule, which is exactly what investors want to hear at this stage of a project.

Hydaway Digital

Hydaway Digital just put a new enterprise client live on its compute platform

TSXV: HIDE · OTCQB: HIDDF · FSE: C88

Hydaway announced that it has completed the integration of Cardlogx’s AI-powered card detection and image analysis system onto its GPU infrastructure. Cardlogx can now scan, detect, and analyze trading card imagery in fractions of a second — fast enough for high-volume, real-time enterprise use.

What’s going on

Cardlogx is an end-to-end selling tool for the $100 billion trading card industry, with a scanner, pricing engine, inventory tracking, and eBay/Shopify sync. The bottleneck for a product like that is processing speed: every second of lag is a worse user experience and a smaller addressable market. By moving onto Hydaway’s GPU compute, Cardlogx gets the raw performance it needs to operate at scale, and Hydaway adds another live client to its platform.Visit our site!

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May 06, 2026 

Iran War Update: Trump’s Hand-Written Letter Reveals What Comes Next 

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Why this Fourth of July has fire officials and veterans bracing USA TODAY · Karissa Waddick Americans will celebrate the country’s 250th birthday with more fireworks than ever before. Not everyone is excited. 

Texas lawmakers could have protected residents from deadly floods, but didn’t propublica.org · ProPublica and Texas Tribune Staff Last year’s July 4 flood was one of the deadliest disasters in the state’s history. 

CNN founder Ted Turner, a pioneer of cable TV news, dies at 87 CNN · Brian Stelter and Ann O’Neill The Ohio-born Atlanta businessman was nicknamed “The Mouth of the South” for his outspoken nature. 

The House of Representatives is turning into the Electoral College The Atlantic · Marc Novicoff Thanks to the Supreme Court, the gerrymandering wars, already awful, are poised to get even worse. 

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‘Tony’ gives Anthony Bourdain the anti-biopic treatment GQ · Alex Pappademas The origin-story movie cuts down on the hero factor by showing us the future icon as a Provincetown line cook with a lot to learn. 

Sally Field on ‘Remarkably Bright Creatures’ and why she isn’t done yet Newsweek · H. Alan Scott The actress plays Tova in Netflix’s new film based on the bestselling book — a story about loneliness, loss and an unlikely bond with an octopus. 

Revisiting Dorothea Lange’s lost Californian valley digitalcameraworld.com · Tom May 3,200 photos from an almost-forgotten 1950s project just went free online. 

Why Wynton Marsalis thinks jazz is the perfect metaphor for democracy PBS News · Jeffrey Brown, Anne Azzi Davenport The renowned trumpeter and composer has launched a new project, a kind of call and response for these times. 

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Read Online  |  May 6, 2026  |  E-Paper  | 🎧 Listen

“Impatience is a great obstacle to success.”

— Napoleon Bonaparte

Ivan Pentchoukov
National Editor

Good morning! It’s Wednesday. Here are today’s top stories:

• The United States gets almost no oil via the Strait of Hormuz, which has been choked off by Iran. So why did gas prices go up? The reality is complicated.
• Companies that legally sell recreational marijuana to adults are being sued in Illinois and Connecticut for allegedly not warning customers of the possible health problems caused by the drug.
• Secretary of State Marco Rubio said that China’s human rights violations remain a key concern for the Trump administration and will be on the agenda during the president’s upcoming visit to Beijing.
• The United States, with its Gulf partners, is proposing a United Nations Security Council resolution to reopen the Strait of Hormuz.
• 🍵 Health: Learn about the dangers of seed oils and discover a recipe for healthy homemade mayonnaise. 

Traffic moves past a gas station in Los Angeles on March 11, 2026. (John Fredricks/The Epoch Times)

The Complicated Reality Behind High Gas Prices

Average gas prices in the United States have gone up by almost 40 percent since March 1. The reason appears straightforward: Iran has blocked the Strait of Hormuz in response to the U.S. military operation that decapitated its regime and degraded its military. Hundreds of tankers trapped behind the strait cannot deliver their oil, depriving the world of 7 percent to 10 percent of its supply.

Although that explains drastic price increases and even shortages in Europe and Asia, the United States gets almost no oil through the strait. In theory, the country should be energy-independent, as it is a net petroleum exporter.

But in reality, the United States is highly intertwined with the global oil market, and there is little chance it could disentangle itself from it, according to experts who spoke to The Epoch Times.

“Oil is a fungible commodity that can be shipped anywhere in the world, and that is why everyone is impacted by the events,” said Patrick De Haan, petroleum analyst with gas price tracker GasBuddy.

Countries facing shortages are willing to pay top dollar for U.S. oil.

“There’s huge demand to export the product,“ said Paul Sankey, an oil market analyst and president of Sankey Research. “So that draws the prices up.”

If the U.S. government were to impose limits on oil exports, it would likely cause more problems than it would solve, the experts said. (More)

POLL

(Olena Yakobchuk/shutterstock)

AI Power or AI Risk?

A public clash between Elon Musk and Sam Altman has intensified debate over artificial intelligence—its reliability, its control, and whether rapid development is outpacing safeguards. As AI systems become more integrated into daily life, we invite you to share your views.

The results will be featured in an article published this Saturday. (Take the Survey)

POLITICS

• Several Republican state senators who opposed a redistricting plan backed by President Donald Trump lost primary election challenges on May 5 to candidates endorsed by the president.
• Seeking to make a return to the U.S. Senate, former Sen. Sherrod Brown (D-Ohio) decisively defeated Ron Kincaid in the Democratic primary. Sen. Jon Husted (R-Ohio), who was unopposed in the GOP primary, will meet Brown in the Nov. 3 midterm election to fill the remaining two years of the Senate term vacated by Vice President JD Vance.
• Former presidential candidate Vivek Ramaswamy glided to victory in the Ohio GOP primary election for governor, solidifying the predicted Nov. 3 General Election showdown between him and the uncontested Democratic nominee, Dr. Amy Acton.
• Democrat Chedrick Greene defeated Republican Jason Tunney in a special election for the state Senate’s District 35 seat, preserving Democratic controlof the chamber.

LATEST NEWS

• U.S. exports climbed to a record high, driven by surging shipments of crude oil and other petroleum products during the first month of the war in Iran, new government data released on May 5 show.
• The trial of a Chinese American man charged with helping China’s communist regime track down dissidents from an overseas police station in New York starts today.
• The Dell Technologies board of directors approved changing the company’s state of incorporation from Delaware to Texas, which could make it the latest high-profile company to exit Delaware since a state judge canceled Elon Musk’s pay package in 2024.

Secretary of War Pete Hegseth during a press briefing at the Pentagon in Arlington, Va., on April 24, 2026. (Madalina Kilroy/The Epoch Times)

WORLD

• War Secretary Pete Hegseth said on May 5 that the ceasefire with Iran remains in force despite events in the Persian Gulf in recent days. At a Pentagon briefing, Chairman of the Joint Chiefs of Staff Gen. Dan Caine said a series of Iranian attacks were below the threshold of “major combat operations.”
• President Donald Trump announced that he was briefly pausing Project Freedom, the mission of assisting commercial ships through the Strait of Hormuz, to give the Iranian regime time to finalize a deal.
• Iran’s Foreign Minister Abbas Araghchi is in Beijing for talks with his Chinese counterpart Wang Yi.
• More than three years after China ended its draconian pandemic controls, some Chinese citizens say they are still suffering from serious health problems they believe began after receiving domestically produced COVID-19 vaccines. Several individuals also say they have seen a rise in deaths among younger people from sudden heart attacks or strokes. Chinese authorities have not acknowledged a broader vaccine injury issue. But an analyst who recently spoke to The Epoch Times said the lack of answers—and lack of support—has turned fear into anger.
• An explosion at a fireworks factory in central China has claimed at least 26 lives, local authorities said on Tuesday, prompting the regime’s top leader to call for a speedy investigation into the cause.

OPINION: The Car You Own May Soon Decide If You’re Allowed to Drive It—by Mollie Engelhart (Read)

A boy walks with collected ears of wheat during the harvest season in the Marajah village of the Mishkhab District, north of Iraq’s central city of Najaf, on May 5, 2026. (Ahmad Al-Rubaye / AFP via Getty Images)

📸 Day in Photos: Cruise Ship Crew Members Evacuated, Transport Strike, and Battle Reenactment (Look)

🎙️ Podcast: Chinese Man Arrested, Sentenced to Prison for Trying to Smuggle 2,200 Ants Out of Kenya—Facts Matter(Listen)

💛 Inspiration: Tajik dances are often steeped in hidden meaning, with movements conveying narratives about daily life, natural phenomena, or deeply held beliefs. (Watch)

🎵 Music: Mozart – Andante And Allegretto (Listen)

👁️ (Sponsored) Still Using Eye Drops? 5 Reasons They’re Not Solving Your Dry Eye Problem — Eye drops may offer temporary relief, but they don’t always address the root cause. Discover 5 overlooked reasons symptoms return*—and the simple shift people are making for longer-lasting comfort.

HEALTH

(Terri Ward/The Epoch Times)

Homemade Mayonnaise Without Seed Oils–Plus an Herbed Variation 

First developed in 1756, mayonnaise began as a simple emulsion of egg, acid, and olive oil. Today, it has become one of the biggest delivery vehicles for refined seed oils in the American diet—even when the front label says, “Made with olive oil.” Turn that jar around, and you’ll often see soybean oil, canola oil, or both in the ingredient list alongside olive oil.

Seed oils are highly processed vegetable oils extracted from seeds such as soybeans, canola, corn, sunflower, safflower, grapeseed, rice bran, and cottonseed. These oils are high in omega‑6 fatty acids, including linoleic acid. While the body needs some omega‑6, modern diets deliver far more than we’re designed to handle, often crowding out anti‑inflammatory omega‑3 fatty acids.

In modern diets, seed oils are nearly everywhere, from restaurant frying oil to packaged snacks, salad dressings, and many “healthy” foods. Seed oils undergo heavy chemical refining, and in restaurants, they are often heated to high temperatures and reheated repeatedly. When seed oils are overheated and reheated, they break down, forming harmful compounds, including oxidized fats and toxic aldehydes. These damaged molecules can increase oxidative stress and place a burden on the body.

Constant exposure to seed oils has pushed the omega-6 to omega-3 ratio from our ancestral ratio of about one-to-one to as high as 15-to-one to 20-to-one today.

Some research suggests that replacing other fats—mostly saturated fats—does not raise inflammation markers. However, these studies usually tested seed oils in controlled settings with relatively low overall seed oil intake. They did not examine the ultra‑processed, fried‑food‑heavy pattern many people follow day to day. More recent research links a higher omega-6-to-omega-3 ratio to an increased risk of death from all causes. (More)

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May 6, 2026  |  Read Online  |  Send Feedback

Good morning. Here’s your Wednesday playlist:

MORNING BRIEF

The Complicated Reality Behind High Gas Prices

🎧 Listen on Apple Podcasts

What could make your listening experience better? Send us a line at podcasts@epochtimes.us

New to our newsletter? Subscribe here to listen to our reporters on the ground. 

Prefer a different podcast platform? Pick one here.

🎙️ MORE PODCASTS

The nation’s pressing topics deciphered by our journalists from the podcast desk.

FACTS MATTER

Chinese Man Arrested, Sentenced to Prison for Trying to Smuggle 2,200 Ants Out of Kenya

In several previous episodes we exposed cases of Chinese nationals being apprehended at U.S. airports trying to smuggle in a variety of suspicious biological material: roundworms, E. coli bacteria samples, as well as a type of fungus that can be used to decimate food crops.   🎧 Listen →   

THE REPORT

Monsanto Weed Killer Case Could Upend Billions in Compensation

The court must decide whether the EPA’s position that glyphosate needs no cancer warning shields companies from state lawsuits.   🎧 Listen →   

Thanks for tuning in!

Today’s newsletter was put together by Ivan Pentchoukov, Lina Skorbach and Kenzi Li. Send them your feedback at podcasts@epochtimes.us.

📅 Podcast Schedule:

• American Thought Leaders – Tuesday, Thursday, Saturday
• California Insider – Tuesday, Wednesday, Thursday, Saturday
• China Watch – Tuesday
• Crossroads – Monday–Thursday
• Facts Matter – Tuesday & Thursday
• Morning Brief – Weekdays
• The Report – Weekdays

☝ Click on the links above to pick your favorite podcast platform.

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AI Scams

The Year We Stopped Trusting 

Our Eyes

Why AI-powered deception is the defining consumer threat of 2026 

and what’s being done about it

The New Normal

Three years ago, an online scam still came with tells. The grammar was off. The logo was stretched. The “Nigerian prince” had a pixelated cousin in your inbox who couldn’t quite spell “urgent.” If you slowed down, you could spot it.

That window has closed.

In April 2026, the U.S. Department of Justice announced the coordinated takedown of nine scam centers and at least 276 arrests across Dubai, Thailand, and the U.S., charging operators of so-called “pig-butchering” rings that had drained millions from American victims. The defendants weren’t lone hackers in basements. 

They ran companies — “Ko Thet,” “Sanduo Group,” “Giant Company” — with managers, recruiters, scripts, and AI tooling that let a handful of people operate at the scale of a call centre staffed by hundreds.

According to TIME’s reporting in early April, what’s emerging is what one United Nations investigator called a “perfect storm”: cheap generative AI, advanced malware, and a sluggish global economy combining to produce industrial-scale fraud that’s “much more sophisticated than it was three years ago.” The same syndicates that ran illicit Chinese gambling rings before COVID converted shuttered casinos along the Mekong into compounds, then upgraded the technology. Now they’re reinvesting profits into better AI, faster malware, and broader targeting.

The scale numbers are sobering. The Global Anti-Scam Alliance found that 57% of adults globally were victims of a scam in the past year, with 23% losing money. Javelin Strategy & Research pegged combined U.S. identity fraud and scam losses at $38 billion in 2025 — and that figure was actually down from 2024, not because the threat is shrinking but because the nature of fraud is shifting toward harder-to-quantify trust erosion. The FBI’s IC3 logged $16.6 billion in cybercrime losses in 2024 alone, up 33% year-over-year.

And the volume of synthetic content fuelling all this? Cybersecurity firm DeepStrike estimates online deepfakes jumped from roughly 500,000 in 2023 to about 8 million in 2025. A 16x increase in two years.

Here’s the part that matters for everyone reading this: 74% of people surveyed said they were confident they could spot a scam. Most of them are wrong. The signals we all learned to look for — typos, weird URLs, strange phrasing — have been engineered out of the product.

What This Actually Looks Like in Your Inbox

The textbook examples from the last 12 months tell the story better than any statistic.

The fake recruiter. UK cybercrime reports of recruitment scams more than doubled between 2022 and 2024. Lloyds Banking Group logged a 237% rise in job scams in just eight months of 2025. Monzo says more than 10,000 of its customers fell victim to recruitment scams last year alone. The playbook: an AI-cloned LinkedIn profile of a real recruiter, outreach personalized using the target’s own CV, and a pitch polished enough that even sceptical professionals are biting. One Guardian reporter wrote about being fooled herself — during maternity leave, when she was tired and not paying close attention. She lost an hour and her pride. Others have lost their savings.

The fake candidate. The flip side is just as ugly. Background-screening firm Checkr says 23% of companies have already encountered identity fraud among new hires. Gartner is forecasting that by 2028, one in four job candidate profiles globally will be fake. Amazon disclosed in late 2025 that it had blocked more than 1,800 suspected North Korean state-affiliated applicants since April 2024 — with attempts growing 27% quarter over quarter. Ferrari was targeted by a deepfake WhatsApp impersonation of its CEO. Voice security firm Pindrop interviewed a candidate whose facial expressions were slightly out of sync with his voice and traced the IP address halfway around the world.

Pushpaganda. This month, threat intelligence team HUMAN unmasked a campaign that hijacked Google’s Discover feed using AI-generated fake news stories to drive users to scareware sites that pushed browser notifications and ad fraud. At its peak, 240 million bid requests across 113 domains in seven days. Google has since patched it. Others will be coming.

Pig-butchering at scale. The DOJ’s San Diego indictments last week describe scammers using fake romance and friendship — cultivated over weeks or months — to push victims into fake crypto investment platforms, encouraging them to borrow from family and take out loans. The scammers showed off their own “returns.” Once victims transferred funds, the money was gone. Operation Level Up, an FBI initiative that started in 2024, has notified almost 9,000 victims and saved an estimated $562 million as of April 2026. That’s just one program in one country.

The common thread: AI didn’t invent any of these scams. It just made them cheaper, faster, more personalized, and far harder to detect. As one fraud expert put it, detection is now a behavioural problem, not a grammar problem.

What Private Industry is Doing

This is where the most interesting work is happening, because the businesses most exposed to AI fraud — banks, hiring platforms, social media companies, payment processors — have economic incentives to solve it that regulators don’t.

A short list of what’s emerging:

• Real-time deepfake detection built into video conferencing and hiring platforms, designed to flag lip-sync inconsistencies, lighting anomalies, and voice-face desynchronization in live calls.
• Behavioural biometrics that analyze how a user types, moves a mouse, or holds a phone — patterns that are extraordinarily hard to fake even with advanced AI.
• Privacy-preserving identity verification that lets a person prove they’re real, of legal age, and who they say they are without handing over a stack of personal documents to every counterparty. This is the space where solutions like cryptographic age and identity verification are starting to scale.
• Content provenance and watermarking standards (C2PA, content credentials) that let cameras, editing software, and AI generators tag content with verifiable metadata about how it was created.
• Cross-platform fraud signal sharing between banks, telcos, and platforms — quietly, because of the regulatory complications, but increasingly aggressively.

What links these is a recognition that detection alone won’t win. Generation quality is improving faster than detection tools can keep up. Gartner predicts that by 2026, 30% of enterprises will find standalone identity verification unreliable in isolation. The industry is converging on a layered model — detection plus behavioural analytics plus identity verification plus provenance — because no single layer is going to be enough on its own.

What We Are Looking At

Hydaway Digital is a North Vancouver–based GPU compute and AI detection company that, in the span of roughly four months, has gone from a single-client GPU rental pilot to a multi-tenant SaaS platform with a deepfake detection product live in production. 

At a moment when both compute scarcity and synthetic-media fraud are hitting their structural inflection points. Hydaway deserves a serious look.

Company: 

Tickers:

Headquarters:

Sector/Industry:

Recent Share price:

52 week range:

Market Cap:

Shares Outstanding:

1 year return:

Beta:

Recent Financing:

Hydaway Digital

TSXV:HIDE – OTCQB:HIDDF – FSE:C88

North Vancouver, British Columbia

Technology/AI Infrastructure & Software

C$0.60

C$0.21-C$1.03

C$72.09 million

35.93 million

+604%

-1.65

C$1.2M private placement at C$0.25 (Feb 2026); units include 1-yr warrants at C$0.40 with $0.75 acceleration trigger

What Hydaway has actually done — the news flow

This isn’t a story about a company “exploring opportunities.” Hydaway has delivered a string of concrete operational milestones in roughly 16 weeks:

• February 4, 2026 — Closed the acquisition of RealityChek, a multi-modal AI detection and content verification platform with blockchain-anchored authentication. Consideration: 6,000,000 shares at a deemed price of $0.14 (total $840,000), plus up to 1.86 million milestone shares tied to platform performance.
• February 5, 2026 — Closed a $1.2 million private placement at $0.25 per unit (each unit including a one-year warrant at $0.40, with acceleration if shares trade above $0.75 for five consecutive days).
• March 9, 2026 — Completed the technical integration of RealityChek’s AI detection models onto Hydaway’s GPU infrastructure, materially accelerating RealityChek’s ability to train and deploy detection models.
• March 16, 2026 — Transitioned the GPU compute platform from a single-client pilot to a multi-tenant SaaS model with three tiers (Starter, Growth, Enterprise). API-first deployment, real-time telemetry, dedicated SLAs, predictable subscription revenue.
• March 18, 2026 — Launched DETECT by RealityChek, a public-facing AI image and URL detection product live at detect.realitychek.com, powered by Hydaway’s GPUs.
• April 23, 2026 — Integrated Cardlogx’s AI-powered card detection and image analysis system onto Hydaway’s GPU infrastructure. Cardlogx serves the $100 billion trading card industry with eBay/Shopify sales sync, scanning, pricing, inventory, and analytics. CEO Karl Kottmeier explicitly framed this as a “clear template for onboarding enterprise clients with demanding real-time workloads,” with focus shifting to “commercial expansion.”

That’s a coherent operational arc: build the compute, close an acquisition that creates a software flywheel, integrate, productize, then onboard enterprise clients. Each step de-risks the next. And the most recent step — the Cardlogx onboarding — demonstrates that the multi-tenant SaaS architecture works as advertised.

Two AI tailwinds, one company

Most small-cap AI plays are exposed to one side of the AI economy: either the picks-and-shovels (compute, data centers) or the application layer (specific AI products). Hydaway is exposed to both through a single integrated stack. The GPU rental business sells compute capacity into the broader AI buildout. RealityChek consumes that compute to deliver a high-margin SaaS detection product — and is itself a customer of Hydaway’s compute. Every dollar of detection revenue effectively monetizes Hydaway’s GPUs twice: once at the infrastructure layer, once at the application layer.

Check out Hydaway hereVisit our site!

Sources:

Section I — The new normal

DOJ takedown: 276 arrests, nine scam centers, Dubai/Thailand/China/U.S./Meta cooperation, Ko Thet/Sanduo/Giant companies, April 29, 2026 announcement

• U.S. Department of Justice, Office of Public Affairs press release, “Coordinated Takedown of Scam Centers Leads to at Least 276 Arrests; Alleged Managers and Recruiters Charged in San Diego” (April 29, 2026). https://www.justice.gov/opa/pr/coordinated-takedown-scam-centers-leads-least-276-arrests-alleged-managers-and-recruiters
• IRS Criminal Investigation parallel release, same date.
• Secondary coverage: Crowdfund Insider, Cybernews, CryptoTimes (May 5, 2026).

“Perfect storm” framing; UN investigator quote; Mekong compounds; AI/malware/sluggish-economy combination

• TIME, “A Perfect Storm: How AI Is Transforming the Global Scam Industry” (April 7, 2026). https://time.com/article/2026/04/07/-a-perfect-storm-how-ai-is-transforming-the-global-scam-industry/

Global scam victimization stats: 57% of adults victims, 23% lost money, 73% confident, 46,000-respondent survey across 42 countries

• Global Anti-Scam Alliance (GASA) and Feedzai, “Global State of Scams 2025 Report” (October 7, 2025). Direct: https://www.gasa.org/post/global-scams-on-the-rise-over-half-of-adults-worldwide-report-scam-encounters
• Report download: https://www.feedzai.com/resource/global-state-of-scams-report-2025/
• GASA Policy Agenda 2026 notes the $442 billion global loss estimate across the 42 countries surveyed.

$38 billion combined U.S. identity fraud + scam losses in 2025; “down from 2024” but masking worsening risk

• Javelin Strategy & Research, “The Illusion of Progress” (23rd Identity Fraud Study, April 21, 2026). https://javelinstrategy.com/whitepapers/2026-identity-fraud-study-illusion-progress
• Press release via GlobeNewswire / Nasdaq: https://www.nasdaq.com/press-release/fraud-losses-stabilize-ai-driven-threats-are-eroding-trust-2026-04-21
• Note for the article: Javelin’s framing is that the headline decline (-$9B vs 2024) is misleading because criminals are increasingly stealing data for future use rather than taking money immediately. This nuance is reflected in the article and is supported by the source.

FBI IC3: $16.6 billion in cybercrime losses in 2024, +33% YoY

• FBI Internet Crime Complaint Center (IC3)2024 Internet Crime Report. https://www.ic3.gov/AnnualReport/Reports/2024_IC3Report.pdf
• Note: At the time of writing, the FBI had also referenced a separate $20+ billion cybercrime loss figure for 2025, cited in Cybernews coverage. If you want to use the more recent number, that’s available — let me know.

Online deepfakes: 500K in 2023 → 8M in 2025 (16x growth)

• DeepStrike cybersecurity estimates, cited across multiple secondary sources including industry reports compiled in: https://bayelsawatch.com/deepfake-statistics/
• Caveat: This is widely cited but the original DeepStrike methodology is not always linked. For a fact-checked publication, you may want to sub in the Mordor Intelligence “Fake Image Detection Market” data — which puts the market at $1.42B in 2025 growing to $7.43B by 2031 (31.73% CAGR) — as a more rigorously sourced anchor for “the volume of synthetic content is exploding.” https://www.mordorintelligence.com/industry-reports/fake-image-detection-market

Section II — What this looks like in your inbox

UK recruitment scams more than doubled (2022–2024); Lloyds 237% rise (Jan–Aug 2025); Monzo 10,000+ victims

• The Guardian (Money), “How to avoid AI online job recruitment scams” (April 21, 2026). https://www.theguardian.com/money/2026/apr/21/how-to-avoid-ai-online-job-recruitment-scams
• Underlying figures sourced from Lloyds Banking Group and Monzo public statements.

Checkr: 23% of companies have encountered identity fraud among new hires

• Checkr, employer survey data (cited in Guardian and other 2025–2026 hiring-fraud coverage).

Gartner: by 2028, 1 in 4 job candidate profiles will be fake

• Gartner, public forecast widely cited in HR and security press through 2025–2026. Original Gartner research note: “Predicts 2025: How AI Will Reshape Identity and Hiring.”

Amazon: 1,800+ suspected DPRK applicants blocked since April 2024; 27% QoQ growth

• Stephen Schmidt (Amazon CSO) LinkedIn post (December 2025).
• Confirmed coverage: NBC News https://www.nbcnews.com/world/north-korea/north-korea-agents-amazon-jobs-laptop-farms-ai-rcna250627 ; The Registerhttps://www.theregister.com/2025/12/18/amazon_blocked_fake_dprk_workers ; Tom’s Hardware ; Dark Reading.

Ferrari deepfake WhatsApp CEO impersonation

• Widely reported in 2024; original coverage in Bloomberg and The Guardian. (Note: this is a frequently cited “exemplar” anecdote — not central to the data argument but useful as illustration.)

Pindrop voice/face desync candidate detection anecdote

• Pindrop company commentary; cited in 2026 voice-biometrics and hiring-fraud coverage.

Pushpaganda campaign: HUMAN Satori, 240M bid requests, 113 domains, seven-day peak, Google Discover feed exploitation, AI-generated articles, expansion from India to US/UK/Canada/Australia/South Africa

• The Hacker News, “AI-Driven Pushpaganda Scam Exploits Google Discover to Spread Scareware and Ad Fraud” (April 14–15, 2026). https://thehackernews.com/2026/04/ai-driven-pushpaganda-scam-exploits.html
• HUMAN Security company release (April 2026). Cited in TechRadar, PYMNTS, SC Media coverage.

Operation Level Up: ~9,000 victims notified, $562 million saved (as of April 2026)

• U.S. Department of Justice April 29, 2026 release (same as DOJ takedown source above).
• FBI Operation Level Up program description (initiated January 2024).

Section V — What private industry is doing

Real-time deepfake detection vendors (Pindrop, Reality Defender)

• Company materials and 2025–2026 industry coverage.

Behavioural biometrics, content provenance (C2PA), cross-platform fraud signal sharing

• General industry consensus. C2PA (Coalition for Content Provenance and Authenticity)standards: https://c2pa.org

Gartner: by 2026, 30% of enterprises will find standalone identity verification unreliable

• Gartner, “Predicts 2024: Identity-First Security.” (Widely cited in identity-verification industry press.)

KYC fraud / synthetic identity attempts up 2,137% in three years; deepfakes now 6.5% of all fraud

• Mordor Intelligence, Fake Image Detection report (cited above).

This source list compiled May 5, 2026. URLs verified as of that date. For any republication, sources should be re-verified — particularly the DOJ release URL and any market-sizing reports that may have been updated.

Disclaimer — Editorial Content

This article concerns Hydaway Digital Corp. (TSXV: HIDE) (OTCQB: HIDDF) (FSE: C88) and is published by NewsAMP Media Corp. (“NewsAMP,” “we,” “us,” or “our”) for general informational and educational purposes only. This is not paid promotional content. NewsAMP has not been compensated by Hydaway Digital Corp., its affiliates, or any third party to produce or distribute this communication. NewsAMP does not hold any shares, options, warrants, or other securities of Hydaway Digital Corp., and has not received securities of any kind as consideration for this content.

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5 Mega-Cap Stocks That Beat Q1 2026 Earnings and Are Still Climbing

Written by Ryan Hasson on May 4, 2026 

Key Points

• Alphabet, Amazon, Apple, Qualcomm, and Caterpillar all reported Q1 2026 earnings beats, with cloud, AI, and services growth driving results well above consensus estimates.
• AI infrastructure demand emerged as a common thread, with Google Cloud up 63%, AWS up 28%, and Caterpillar’s power generation revenue surging 41% on data center orders.
• Caterpillar posted its largest earnings beat in five quarters, with a $63 billion backlog up 79% year over year, prompting significant price target increases from Morgan Stanley and JPMorgan.
• Special Report: Famous historian sounds alarm on America (From Porter & Company)

This earnings season has delivered a clear message: the companies leading this market are not just holding up in a challenging macro and geopolitical environment, they are accelerating and growing at an impressive pace.

Five of some of the the most closely watched names in the market all reported Q1 2026 results this past week, and all five delivered beats that went well beyond the headline numbers. Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Caterpillar (NYSE: CAT) each offered something different, but together they paint a picture of a market where the strongest businesses are widening the gap. And for investors looking ahead, the case for continued outperformance across all five remains fairly compelling.

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Alphabet: The AI Platform That Keeps Pulling Away

Alphabet delivered what may have been the defining earnings report of the season. Q1 revenue of $109.9 billion grew 22% year over year, the fastest growth rate since 2022. That figure, unsurprisingly, comfortably topped the $107.1 billion consensus. The company’s EPS of $5.11 grew a staggering 82% year over year, which of course, crushed the consensus estimate.

But the headline that mattered most was Google Cloud, which posted $20.03 billion in revenue, up 63% year over year and well above the $18.4 billion estimate. That wasn’t simply just a beat, it was a clear statement from the company. It builds on the impressive acceleration from 48% growth in Q4 2025, and it marked the first time Google Cloud has crossed the $20 billion quarterly threshold.

The cloud backlog nearly doubled quarter over quarter to over $460 billion, a number that suggests the growth runway extends well beyond anything current models reflect.

Management raised its full-year CapEx guidance to $180 billion to $190 billion, a statement of conviction that AI infrastructure demand is accelerating, not plateauing.

From a technical perspective, although the mega-cap stock is up almost 140% over the prior 12 months, it’s still holding up convincingly and yet to extend from key moving averages. Now fresh from a breakout above prior resistance, post-earnings, if the stock can consolidate above $360 it could present a new round of potential long-term entry points,

Amazon: AWS Hits Its Fastest Growth in 4 Years

Amazon delivered arguably its strongest all-around quarter in years. Total revenue of $181.5 billion grew 17% year over year and topped the $177.2 billion consensus. Its EPS of $2.78 nearly doubled the $1.64 analyst estimate.

Similar to GOOGL, the headline for Amazon was AWS, which grew 28% year over year to $37.6 billion, its fastest growth rate in 15 quarters and ahead of the 26% consensus. Operating income hit $23.9 billion, producing a 13.1% margin that CEO Andy Jassy described as the highest in Amazon’s history.

The chips business, comprising Trainium, Graviton, and Nitro, crossed a $20 billion annualized revenue run rate, growing at triple-digit percentages year over year. More tokens were processed through Bedrock in Q1 2026 than in all prior years combined.

Q2 guidance of $194 billion to $199 billion points to continued momentum for the retail and tech giant.

The stock is trading above prior resistance of $260, and similar to GOOGL, if it can consolidate and put in a fresh base above prior resistance, turning into newfound support, the bulls might look for new entry points and continuation to the upside.

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Apple: A Record March Quarter Across Nearly Every Metric

Apple delivered its best March quarter in company history, and the numbers made that clear across almost every line of the report. Revenue of $111.2 billion grew 17% year over year, beating the $109.66 billion consensus. EPS of $2.01 grew 22% year over year, setting a new March quarter record. Services revenue hit an all-time high of $30.98 billion, up 16%. iPhone revenue of $56.99 billion grew 22%, another March quarter record, with CEO Tim Cook describing the iPhone 17 lineup as the most popular in the company’s history, achieved despite navigating supply constraints throughout the quarter. Gross margin of 49.3% came in above both guidance and the 48.4% consensus estimate.

The board authorized a fresh $100 billion share buyback and raised the quarterly dividend 4% to 27 cents per share, marking 14 consecutive years of dividend growth. Q3 guidance of 14% to 17% revenue growth crushed the 9.5% analyst estimate by a wide margin.

From a technical point of view, the setup is bullish and constructive. Prior to earnings, the stock had spent almost 5 months consolidating near its 52-week high in a bullish formation.

Post-earnings, the stock retested its 52-week high and failed to clear it, but still closed out the session strong.

If AAPL can consolidate near this breakout point in the days and weeks ahead, it could be the beginning phases of a broader, higher timeframe breakout forming.

Qualcomm: 2 Catalysts in 1 Week, and a Bigger Story Developing

Qualcomm’s week deserves some context. Before the earnings report even arrived, the stock had already surged on a report that the company is partnering with OpenAI and MediaTek to develop next-generation smartphone processors, a potential design win that would represent a significant new revenue stream. The earnings report then added a second catalyst.

Revenue of $10.6 billion and non-GAAP EPS of $2.65 both came in above expectations. The segment worth focusing on was Automotive. QCT Automotive revenue of $1.3 billion grew 38% year over year, crossing a $5 billion annualized run rate for the first time in company history, with management guiding that figure to exceed $6 billion annualized by fiscal year-end. Q3 automotive growth is expected to further accelerate to approximately 50% year over year.

The handset segment faced a cyclical headwind from Chinese OEMs drawing down inventory in response to memory supply pressures, but management was direct: Q3 is the bottom, and sequential growth resumes in Q4. And then there was the disclosure that many on the Street missed. Qualcomm confirmed it expects to ship initial custom silicon to a leading hyperscaler in December, its first concrete data center revenue milestone.

For a company that has long been viewed through a handset lens, the automotive trajectory and the emerging data center opportunity together represent a meaningfully different business than the one many investors have been pricing.

Caterpillar: The Industrial AI Play Nobody Saw Coming

Caterpillar might have been the most unexpected earnings story of the week. Q1 revenue of $17.4 billion grew 22% year over year, well ahead of the $16.5 billion consensus. Adjusted EPS of $5.54 beat the $4.62 estimate by nearly a full dollar, the largest earnings beat in five quarters for the company. But neither of those numbers was the one that stopped analysts in their tracks. That was the backlog: $63 billion, up 79% year over year, with all three major business segments contributing.

Power Generation revenue surged 41%, driven almost entirely by demand for Caterpillar’s large reciprocating engines and turbines from hyperscale data center operators building out AI infrastructure. Construction Industries jumped 38%. Tariff costs of approximately $600 million came in well below the $800 million estimate, protecting margins more than the market had modeled.

The analyst reaction was swift. Morgan Stanley doubled its price target to $915 and upgraded the stock. JPMorgan raised its target to $1,125, calling the print a resounding beat. Management raised its long-term revenue growth target to a 6% to 9% compound annual rate through 2030 and increased its power generation sales target to more than 3x the 2024 baseline by 2030. For investors who had filed Caterpillar away as a cyclical industrial play with limited upside, this quarter likely demanded a rethink. It is quietly becoming one of the most direct and underappreciated beneficiaries of AI infrastructure spending in the entire market.

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Further Reading: Here’s the BIG PROBLEM with the SpaceX IPO(From The Oxford Club)