General News
Latest news from around the World.
This Market Continues To Be Resilient And Is Driving Higher Because Of Earnings
US large-cap equities have surged, delivering a 13% return in under a month. I expect continued gains in the S&P 500 through 2026, driven by robust earnings growth.
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Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes
U.S. President Donald Trump is set to host winners of his second annual meme coin contest at his Mar-a-Lago club in Palm Beach, Florida, on Saturday, offering top buyers of his $TRUMP cryptocurrency an audience with him even as the token's value has plunged 96% from its peak last year.
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Thousands of EV Car Leases Are Ending Soon, Giving Buyers a More Affordable Option
The leases on hundreds of thousands of battery-powered cars and trucks will end in the next three years, and many will end up on used-car lots.
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Improving Sentiment And Earnings Momentum Support Market Strength
Expectations of an imminent de-escalation in the Middle East have supported the S&P 500's sharp rebound from its March 30 low. While recent macro data reinforce resilience, risks have not fully dissipated, and the outlook remains vulnerable to price pressures and supply chain fragilities.
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Weekly Commentary: Warsh In His Own Words
Prospects for timely resolution of Strait of Hormuz issues appear bleak. Ten-year Treasury yields rose five bps to 4.30%, outperforming other vulnerable bond markets.
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China, Gulf Ahead in AI Adoption. These Stocks Could Be Poised for Gains.
About a fifth of revenue coming from emerging market companies is linked to AI and 40% of labor costs, or roughly 5% of total operating costs, are exposed to AI automation, according to Pinder.
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China's DeepRoute.ai says over 300,000 vehicles use its advanced driving system
Chinese autonomous driving technology developer DeepRoute.ai said on Saturday that over 300,000 cars have been equipped with its advanced assisted driving system on Chinese roads.
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Iran War Fallout Drives Inflation Risks in Africa | Bloomberg Next Africa
On this episode of Next Africa, we track how the fallout from the Iran war is rippling through global supply chains, pushing up costs and raising concerns over food prices across the continent. Bloomberg's Jennifer Zabasajja speaks to UN Deputy Secretary-General Amina J.
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Semi Stocks Boost The S&P 500
Since the March 30th low, one of the best-performing areas of the stock market has been semiconductors. Using the tradable VanEck Semiconductor ETF as a proxy, the group is now up right around 40% since then, which is a record 18-day rally since its inception.
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S&P 500 Snapshot: 4-Week Win Streak
The S&P 500 capped off the week with a fresh record high, finishing up 0.5%. This marks the fourth consecutive winning week for the index, its longest streak since late 2024.
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NEW: Citadel fires back after Mamdani singles out CEO
Rep. Beth Van Duyne, R-Texas, suggests that business leaders should invest in states where they are appreciated on ‘The Evening Edit.' #fox #media #breakingnews #us #usa #new #news #breaking #theeveningedit #foxbusiness #politics #political #politicalnews #government #business #economy #investment #states #texas #bethvanduyne #leadership #policy #jobs #growth #markets #finance #industry #development
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This Week's Market Wrap: Strong Earnings, Ceasefire Uncertainty, And Creeping Inflation
Semiconductor strength led by Intel and Texas Instruments drove index-level gains, while weak guidance and capex concerns punished software and select industrial names. U.S.–Iran tensions and shifting ceasefire headlines repeatedly moved crude prices and dictated intraday market direction.
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Markets Weekly Outlook: Can Earnings Outweigh Geopolitical Headwinds And Central Bank Decisions?
The S&P 500 and Nasdaq climbed to new intraday records, propelled by diplomatic hopes for de-escalation in the Middle East & tech performance. The week ahead features meetings from the Fed, ECB, and Bank of England, as well as tech earnings releases.
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Bulls Charge Back
The S&P 500 has finally returned to record highs in the past couple of weeks, and sentiment has reflected that positive price action. This week's release of the American Association of Individual Investors survey came in with 46% of respondents reporting bullish sentiment.
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‘FANTASTIC': BNY Wealth CIO on US trend growth
BNY Wealth CIO Sinead Colton Grant discusses market volatility amid the war in Iran and the impact of consumer spending on ‘Making Money.'
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Major Food Group Co-Founder Mario Carbone sits down with Jim Cramer
Major Food Group Chef and Co-Founder Mario Carbone joins 'Mad Money' host Jim Cramer to talk its restaurant foot print, food product lines, customer trends, and more.
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James Dolan's Sphere mints cash as Vegas mega-venue tops world in ticket sales
Last year alone, some 1.7 million people bought a ticket to a show at the Sphere, generating $379 million for the venue.
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U.S. Regulator Sues New York State for Prediction Markets Crackdown
The Commodity Futures Trading Commission is seeking a declaratory judgment that it has exclusive authority to regulate the prediction markets, according to a lawsuit filed Friday.
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CFTC sues New York to block oversight of prediction markets
The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets and Gemini Titan of promoting gambling.
...keep reeding on reuters.com
Friday's Final Takeaways: DOJ Ends Powell Probe & Consumer Sentiment Uptick
Marley Kayden ends the trading week with Friday's final takeaways centered on macro movers. She talks how the Department of Justice ending its probe into Fed Chair Jerome Powell, along with an uptick in consumer sentiment, mold moves under the surface of Wall Street.
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