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Oil Declines Lift Stocks to Fresh Records
The Wall Street Journal83d agoneutral
Oil Declines Lift Stocks to Fresh Records

A sharp drop in oil prices propelled stocks to fresh records, buoyed by investor optimism over a possible peace deal between the U.S. and Iran. Brent crude futures, the international benchmark, experienced their biggest monthly slump since March 2020 after falling 11% in the past week. West Texas Intermediate crude, the U.S. oil benchmark, fell 17% during May.

Bloomberg83d agoneutral
Strait of Hormuz Ship Transits Are Rising Thanks to Help From US

(Bloomberg) -- Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the US providing information to aid those making the journey. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionUS, Iran Agree t

Wall Street Dumps Crash Hedges as Most-Shorted Stocks Jump 30%
Bloomberg83d 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 —

ETF Filings Pile Into SpaceX Ahead of IPO
etf.com83d agoneutral
ETF Filings Pile Into SpaceX Ahead of IPO

<p>The technology sector continues to see significant investor interest as ETF inflows and filings chase after the memory chip boom and the impending SpaceX IPO. Tune in to hear what the experts think about if these trends have lasting momentum and what investors need to watch for. </p>

Your favorite cereal is about to leave Target's shelves
TheStreet83d agoneutral
Your favorite cereal is about to leave Target's shelves

As a kid, my parents had strict, somewhat arbitrary rules about sugary cereal that now look a lot more like early versions of a national food debate. The government has since taken a more active role in what used to be solely parental decisions about food, and retailers like Target are responding ...

Bank of America Could Be a Bargain After Strong Q1 Earnings
24/7 Wall St.83d agoneutral
Bank of America Could Be a Bargain After Strong Q1 Earnings

Bank of America (NYSE:BAC) has spent 2026 grinding sideways despite a Q1 print that ranked among the strongest in the bank’s recent history. With the stock down on the year and analysts staying overwhelmingly bullish, I think the setup is now interesting enough to call. Our 24/7 Wall St. price target for Bank of America ... Bank of America Could Be a Bargain After Strong Q1 Earnings

AI-Resistant Careers? Sounds Like a Job for Young Workers.
Barrons.com83d 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.

Bloomberg83d agoneutral
Dimon Slams Coinbase’s Armstrong in Escalating Crypto Bill Fight

(Bloomberg) -- Jamie Dimon took aim at Coinbase Global Inc. Chief Executive Officer Brian Armstrong on television, calling him “full of sh-t” and vowing to fight back against digital-asset legislation making its way through Congress. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionUS, I

Investing.com83d agoneutral
Investing.com’s stocks of the week

Investing.com -- Wall Street hit new record highs this week, buoyed by reports that the U.S. and Iran had reached a deal to extend their ceasefire and remove restrictions on vessels crossing the Strait of Hormuz.

Bloomberg83d agoneutral
Universal Music Group Rejects Bill Ackman’s Offer as Too Low

(Bloomberg) -- Universal Music Group NV rejected an unsolicited offer from Bill Ackman’s Pershing Square Capital Management, saying it’s not in the best interest of its shareholders or artists, who include Taylor Swift and Drake.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionUS, Iran A

Snowflake stock analyst reveals surprising stock forecast
TheStreet83d agoneutral
Snowflake stock analyst reveals surprising stock forecast

A cloud software company that has spent years trying to prove its growth story still has room to run, just gave Wall Street a stronger reason to believe. Snowflake reported fiscal first-quarter results that showed renewed momentum across its core business and its artificial intelligence products, ...

Two more firms quietly file for IPOs amid SpaceX buzz
TheStreet83d agoneutral
Two more firms quietly file for IPOs amid SpaceX buzz

In 2025, several crypto companies made their public debut amid the market rally. The stablecoin giant Circle Internet Group (NYSE: CRCL), the institution-focused crypto exchange Bullish (NYSE: BLSH), and the Gemini crypto exchange (Nasdaq: GEMI) executed their initial ...

Michael Saylor moves $30 million in Bitcoin
TheStreet83d agoneutral
Michael Saylor moves $30 million in Bitcoin

Strategy and its executive chairman, Michael Saylor's "never sell" stance, had become almost gospel in the Bitcoin (BTC) community. But on May 5, he dropped a bombshell that the company is considering selling Bitcoin. Now, a few weeks later, the company made a major Bitcoin move, hinting ...

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.83d 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?