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Jim Cramer Admits He “Whiffed” on Marvell Technology
Insider Monkey74d agoneutral
Jim Cramer Admits He “Whiffed” on Marvell Technology

Marvell Technology, Inc. (NASDAQ:MRVL) was among the stocks Jim Cramer discussed in this changing market Cramer noted the stock’s run after the company’s CEO’s comments, as he remarked: Oh, then there’s Marvell Technology. Lots of people think that this one was totally uncatchable, but that’s untrue. Late last year, okay, get this, late last year, […]

Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending
24/7 Wall St.74d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending

On a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano surfaced a notable statement from Amazon (NASDAQ:AMZN) founder Jeff Bezos: the bottom 50% of Americans should pay no federal tax. Pompliano paired that proposal with a data point and a pivot. The data point: that bottom-half cohort currently contributes about ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending

Jobs Report, Broadcom Earnings: What to Watch in the Next Week
The Wall Street Journal74d agoneutral
Jobs Report, Broadcom Earnings: What to Watch in the Next Week

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch next Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.

Wall Street Dumps Crash Hedges as Most-Shorted Stocks Jump 30%
Bloomberg74d agoneutral
Wall Street Dumps Crash Hedges as Most-Shorted Stocks Jump 30%

(Bloomberg) -- Caution has become the most expensive position on Wall Street.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermStrait of Hormuz Ship Transits Are Rising Thanks to Help From USCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionA hot inflation reading this week — sending the annual gauge to its highest in about three years —

AI-Resistant Careers? Sounds Like a Job for Young Workers.
Barrons.com74d agoneutral
AI-Resistant Careers? Sounds Like a Job for Young Workers.

The rise in youth unemployment (ages 16-24) in 2025 left some strategists worried it was a harbinger of what was to come: Artificial intelligence gobbling up swaths of the job market. The unemployment rate for workers ages 24 and under was 9.5% in April, according to the Federal Reserve Bank of St. Louis, but that figure was 10% or higher for the entire second half of 2025. Husby notes that the rise appears temporary, as it followed fiscal tightening and high economic uncertainty.

India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?
24/7 Wall St.74d agoneutral
India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?

In Mid-May, India’s Prime Minister Narendra Modi publicly urged Indian citizens to avoid buying physical gold and silver for a year. Soon afterwards, India increased its import tariffs on precious metals from 6% to 15%. This is yet another sign that the physical silver shortage is escalating, which should bode well for ETFs that hold ... India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?

American Eagle tariff warning weighs on shares after earnings beat
Proactive75d agobullish
American Eagle tariff warning weighs on shares after earnings beat

American Eagle Outfitters Inc. (NYSE:AEO) reported first quarter results that topped Wall Street expectations on both revenue and earnings, but issued forward outlook that incorporates significant tariff-related assumptions and weighed on investor sentiment, sending shares down about 13%. The...

Forget MongoDB: This Free-Cash-Flow Tech Bargain Is a Far Smarter Buy in the Warsh Era
24/7 Wall St.75d agobullish
Forget MongoDB: This Free-Cash-Flow Tech Bargain Is a Far Smarter Buy in the Warsh Era

MongoDB (NASDAQ:MDB) is back in every AI database headline after a 12.24% EPS beat and a first-ever Rule of 40 quarter. But here’s what you should actually be watching. With Fed Chair Kevin Warsh now prioritizing structural price stability over speculative market support, the long-duration, money-losing momentum trade is precisely the wrong place to hide. ... Forget MongoDB: This Free-Cash-Flow Tech Bargain Is a Far Smarter Buy in the Warsh Era

Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization
Benzinga75d agoneutral
Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization

Kalshi sued Minnesota in federal court this week, joining Donald Trump‘s Commodity Futures Trading Commission in challenging a law signed by Tim Walz that would make the state the first to criminalize prediction markets starting Aug. 1. Walz signed the bill May 18, and the CFTC filed its challenge the following day. Kalshi joined this week with its own complaint targeting state Attorney General Keith Ellison, Walz and gambling enforcement chief John Anglin. State lawmakers framed the measure as

FedEx Freight Stock Starts Trading Monday. What to Know.
Barrons.com75d agoneutral
FedEx Freight Stock Starts Trading Monday. What to Know.

The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.