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Imagine a private company pouring billions into unproven mega-rockets and moonshot ambitions suddenly being valued at over $1.75 trillion. Almost 2x what Apple was worth a decade ago. More than the GDP of most nations.
The Federal Reserve's primary inflation gauge rose less than expected in April, though the 12-month inflation rate still rose to the highest level since late 2023. The report may have slightly calmed Wall Street's nerves over inflation as oil prices rebound early Thursday.
The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.
Federal prosecutors in the U.S. have charged an employee of Google parent company Alphabet (NASDAQ: $GOOGL) with fr...
Investing.com - U.S. stock futures pointed lower on Thursday, as a fresh exchange of strikes in Gulf dented hopes for a U.S.-Iran peace deal and investors geared up for key inflation data closely watched by the Federal Reserve.
The market's future may be volatile, but history has good news for investors.
Wall Street stocks are expected to go into reverse on Thursday as optimism about the ceasefire in the Gulf and a potential US-Iran peace deal became increasingly strained. Futures for the tech-laded Nasdaq were tipped to lead the decline, down 0.5%, while S&P 500 and Dow Jones futures...
Inflation is taking the fun out of retirement. Rising costs are taking too big a bite out of many retirees' budgets, creating stress, sleepless nights and constant worries about money. The math isn't adding up for many retirees since their paychecks stopped, according to Schroders.
<body><p>STORY: :: Chris Kirkham, Automotive enterprise reporter</p><p>"The big promise Elon Musk has made about Full Self-Driving technology is that it will soon turn every Tesla on the road into a driverless vehicle. It’s a big reason why the company is valued at about $1.5 trillion —</p><p>// ZOOM</p><p>five times that of any other automaker."</p><p>// MUSK AT ROBOTAXI EVENT</p><p>"We found after talking to 10 former Tesla employees who helped train its self-driving software that Tesla’s technology is still far off from what Musk is promising.</p><p>"Seven of those employees said they wouldn’t trust the software to drive them anywhere. While at Tesla, the employees reviewed videos showing Teslas equipped with the Full Self-Driving software striking dogs, cats and wildlife like deer, as well as close calls with pedestrians including children. Some saw Teslas using the software fail to pull over for approaching emergency vehicles, fail to stop for school buses and drive into a construction zone, nearly striking workers. The vehicles using the technology often sped. One former employee said vehicles using a Full Self-Driving mode called “Mad Max” would go 20 to 30 miles per hour over the speed limit.</p><p>"Even though Tesla, according to the employees, knew about these deficiencies, Musk pushed forward with the launch of a robotaxi network in Austin, Texas last June. Our reporting shows that employees worked to train the software on specific streets and intersections so that the demonstration would go smoothly. They said this kind of training is impossible to do on a wide scale. Yet Musk has said Tesla’s technology “works anywhere,” and doesn’t require mapping or programming the software for it to operate in specific places.</p><p>"Another interesting thing we found is that Tesla is using some fuzzy math to claim that its Full Self-Driving technology is either 10 times safer or, more recently, seven times safer than the average human driver. We found after talking to 11 traffic safety experts that Tesla is comparing apples and oranges to do this math. It’s counting only the worst of its crashes, the ones where airbags go off, and comparing them to a set of federal data that includes more minor accidents. This distorts Tesla's safety record and makes its technology look better than it actually is. </p><p>"By contrast, Waymo, the U.S. leader in driverless taxis, takes a more rigorous approach. It publishes its safety stats in peer-reviewed journals and says it adjusts for the specific roads and conditions its vehicles actually operate in. </p><p>"We sent Tesla a detailed list of questions for this report, but got no response. In the past, Tesla has defended its Full-Self Driving technology, saying it could save lives and prevent injuries. The traffic-safety researchers who spoke to Reuters said they viewed Tesla’s claims about the safety of Full-Self Driving as marketing rather than a serious investigation into a critical safety issue."</p></body>
June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to the war is imminent.
By Karen Brettell May 28 (Reuters) - A selloff in government bonds is testing one of the most basic assumptions in markets: that Treasuries and other high-quality debt will cushion portfolios when
Data from Stocktwits shows that retail sentiment has held at ‘bullish’ on SPY, but moderated to ‘neutral’ on QQQ after several sessions of AI-fueled enthusiasm.
Investors will get more of a sense for how the American consumer is grappling with wartime inflation today. Earnings are due from retailers like Costco, Best Buy and Dollar Tree, and the personal-consumption expenditures index for April is scheduled for release.
Deere’s first quarter results outpaced Wall Street expectations on both revenue and profit, yet the market responded negatively, with shares declining sharply. Management attributed the quarter’s performance to strong demand in construction and small agriculture equipment, alongside positive impacts from one-time tariff refunds. However, elevated production costs and persistent margin headwinds, especially in the large agriculture segment, weighed on operating profitability. CFO Josh Beal emphas
FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.
How resilient will the economy be amid the current bout of inflation?
Dell Federal Systems, a unit of the company dedicated to serving the government, wins a US defense contract.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Thursday, May 28, including earnings from retailers like Dollar Tree (DLTR), Best Buy (BBY), Kohl's (KSS), and Costco Wholesale (COST); the April reading on the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) report; and the latest commentary from top Fed officials.
Lululemon (LULU) shareholders have lived through one of the rougher years in large-cap retail. The stock has lost roughly 42% in 2026 and printed a 52-week low of $118.06 on May 20, 2026, according to Investing.com data. The damage is everywhere. Slowing Americas'comps, a weak 2026 outlook, tariff ...
Federal prosecutors allege a software engineer made more than $1 million using nonpublic information to bet on who would be the most-searched people of 2025.
Investing.com -- Federal Reserve Governor Lisa Cook said Wednesday that the central bank should keep short-term interest rates unchanged for now but stands ready to raise them if inflation does not ease as expected.
Market Domination Host Josh Lipton and Yahoo Finance Senior Reporter Brooke DiPalma track several of the day's top trending stories and stock moves, including how a Walmart (WMT) receipt from 2006 is going viral over how inexpensive food and groceries cost 20 years ago compared to today's inflationary price pressures.
The most prominent figures in artificial intelligence are stepping back from dire predictions about mass unemployment, as the industry faces growing public hostility over AI's promised transformation of the workplace.But earlier doom-laden statements have now come to haunt the AI industry as the public, notably in the United States, voices serious discontent in polling over the disruption that tech companies and political leaders predict from AI. Most economic institutions, most recently the Eur
WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX 10 to be approved before the end of the year. FAA Administrator Bryan Bedford told Reuters at an aviation forum in Washington that he also expects Boeing will again hike production of the 737 MAX in the next 90 days.
Wall Street spent the first quarter of 2026 looking like it had misplaced the map. Inflation readings from the Bureau of Labor Statistics moved higher, consumer confidence sank to record lows, and Treasury yields climbed as investors questioned whether the Federal Reserve would cut rates at all this year. By March 30, the S&P 500 ... The Stock Market Just Had One of Its Strongest 8-Week Runs Ever. History Says It May Not Be Done Yet
Most investors skip the simplest piece of self-accountability available to them. They form a thesis, place a trade, and then let time blur the original reasoning into something vaguer and more flattering. Clare Flynn Levy, the former hedge fund manager who founded behavioral analytics firm Essentia Analytics, has a fix for that, and she shared ... I Was Wrong About Inflation and Missed a Huge Stock Rally: The One Investing Discipline That Could Have Saved Me
May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.
Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.
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