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Dow 50,000
24/7 Wall St.91d agoneutral
Dow 50,000

The first 1,000 points took 76 years. The last 10,000 took 21 months. The Dow Jones Industrial Average needed 76 years to climb its first 1,000 points. It needed 21 months to climb its last 10,000. That contrast, more than anything else, is the story of Dow 50,000. The index closed at 50,115.67 on Friday, ... Dow 50,000

Dollar Rallies Toward Best Week Since March on Fed Hike View
Bloomberg91d agoneutral
Dollar Rallies Toward Best Week Since March on Fed Hike View

(Bloomberg) -- The dollar is heading for its best week in two months after US data showed price pressures that could push the Federal Reserve to raise interest rates over the next year.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help on Iran as Sh

China’s Economy Is Entering Another Quarter of K-Shaped  Growth
Bloomberg91d agoneutral
China’s Economy Is Entering Another Quarter of K-Shaped Growth

(Bloomberg) -- Chinese consumption probably expanded far slower than the pace of industry in April, as trade remained a notable bright spot despite the global reverberations from the Iran war.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help on Ira

Curious Yen Spikes Have Traders Gaming Out Japan ‘Warning Shots’
Bloomberg91d agobullish
Curious Yen Spikes Have Traders Gaming Out Japan ‘Warning Shots’

(Bloomberg) -- Every few trading sessions, the yen jolts higher against the dollar, and then it suddenly drops. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help on Iran as Ship Taken Near UAEThat has become a recurring feature of yen trading in re

Pitchbook91d agobearish
PE firms started selling companies at a loss last year

The difference between where businesses were valued and what they sold for went into negative territory for the first time last year, according to Goldman Sachs Asset Management. This could ultimately be a good thing for the private equity industry. The so-called valuation uplift has declined each year since 2020, culminating in the average PE-backed company being sold at a loss to its paper value in 2025, based on Goldman’s analysis of a $150 billion private markets portfolio managed by its Ext

Hain Celestial (HAIN) Stock Trades Up, Here Is Why
StockStory92d agoneutral
Hain Celestial (HAIN) Stock Trades Up, Here Is Why

Shares of natural food company Hain Celestial (NASDAQ:HAIN) jumped 16% in the afternoon session after the company reported first-quarter results as investors focused on positive developments like strong cash flow and progress on a strategic review.

Goldman Sachs makes bold call on Aevex stock price
TheStreet92d agoneutral
Goldman Sachs makes bold call on Aevex stock price

Goldman Sachs has a new call on Aevex, and the firm sees the recently public defense-technology company as a way for investors to get exposure to one of the military’s fastest-growing priorities. In a Goldman Sachs note given to TheStreet, analyst Noah Poponak initiated coverage of Aevex (AVEX) ...

EXCLUSIVE: SpaceX Could Trade At 'Meme-Stock Velocity' — But With Real Fundamentals, Says Ex-JPMorgan Exec
Benzinga93d agoneutral
EXCLUSIVE: SpaceX Could Trade At 'Meme-Stock Velocity' — But With Real Fundamentals, Says Ex-JPMorgan Exec

For years, meme stocks were largely driven by narrative, momentum and internet-fueled speculation. Former Goldman Sachs Group, Inc. (NYSE:GS) and JP Morgan Chase & Co (NYSE:JPM) executive Chan Ahn believes a future tokenized SpaceX market could look very different — and potentially much bigger. • Goldman Sachs Group stock is trading at elevated levels. Where are GS shares going? In an exclusive interview with Benzinga, the Tessera PE CEO argued that a tokenized version of Elon Musk's SpaceX coul

Bloomberg93d agoneutral
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs

(Bloomberg) -- The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyOne recent visitor was allegedly hog-tied naked. Would-be interlopers on jet skis have been chased awa