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150 Years of Market History Predicts Trump’s Bull Market Is Almost Over
24/7 Wall St.94d agoneutral
150 Years of Market History Predicts Trump’s Bull Market Is Almost Over

President Donald Trump’s second term has delivered a stock market rally few investors expected would survive the turbulence thrown at it. Tariff battles rattled global trade. The so-called “SaaS-pocalypse” crushed once-highflying software stocks. Treasury yields climbed above 5% more than once. Yet each pullback eventually gave way to another rebound, pushing the S&P 500 to ... 150 Years of Market History Predicts Trump’s Bull Market Is Almost Over

The Bond Market Sees AI Making Warsh’s Inflation Bind Even Worse
Bloomberg94d agoneutral
The Bond Market Sees AI Making Warsh’s Inflation Bind Even Worse

(Bloomberg) -- To judge by a key bond-market signal, the AI boom is only worsening Kevin Warsh’s inflation problem.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensMeta Begins 8,000 Global Job Cuts in AI Efficiency PushThe incoming Federal Reserve chair previously lashed out at the ce

Bloomberg94d agoneutral
Lowe’s Keeps Outlook as AI Efficiencies Temper Higher Fuel Costs

(Bloomberg) -- Lowe’s Cos. reported sales growth in the first quarter that just missed estimates, yet kept its full-year outlook unchanged in the face of higher transportation costs, in part due to productivity boosts from artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Sell

Bloomberg94d agoneutral
Samsung Reaches Tentative Union Deal, Averting Crippling Strike

(Bloomberg) -- Samsung Electronics Co. reached a tentative deal with its labor union, averting what had threatened to be a crippling strike at the world’s largest memory chipmaker.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensMeta Begins 8,000 Global Job Cuts in AI Efficiency PushT

GameStop increases stake in eBay to more than 6%
Reuters94d agoneutral
GameStop increases stake in eBay to more than 6%

GameStop has increased its stake in eBay to ‌about 6.55%, the videogame retailer ‌disclosed in a filing on Tuesday, days ​after the e-commerce company rejected its $56 billion takeover bid. GameStop previously owned around a 5% stake in eBay and ‌some analysts said ⁠its CEO Ryan Cohen could eventually push for a ⁠special shareholder meeting or seek board representation more supportive of his ​proposal. In an ​interview with journalist ​Piers Morgan last ‌week, Cohen had said eBay's board had a responsibility to engage with his offer in the best interests of shareholders, adding that "we'll do ‌whatever we need to ​do" if it failed ​to ​do so.

Roivant Sciences Q4 Earnings Call Highlights
MarketBeat94d agoneutral
Roivant Sciences Q4 Earnings Call Highlights

Roivant Sciences (NASDAQ:ROIV) executives used the company’s fourth-quarter earnings call to highlight new open-label data for IMVT-1402 in difficult-to-treat rheumatoid arthritis, upcoming pulmonary hypertension data for mosliciguat and continued preparation for a potential brepocitinib launch in d

Red Cat Shares Rise Following Quaze Technologies Acquisition (RCAT)
InvestorsHub94d agoneutral
Red Cat Shares Rise Following Quaze Technologies Acquisition (RCAT)

Red Cat Holdings (NASDAQ:RCAT) shares gained 3% on Wednesday after the company completed its acquisition of Quaze Technologies, a Québec-based developer specializing in wireless power transfer systems for unmanned platforms. Quaze will continue operating as an independent business unit within Red Cat while advancing its wireless power technology for integration across the company’s product ecosystem.

Nvidia Stock Opens Higher Ahead of Earnings
Barrons.com94d agoneutral
Nvidia Stock Opens Higher Ahead of Earnings

Nvidia stock opened in the green on Wednesday as Wall Street waited for the chip maker’s earnings to arrive after the stock market close. Shares were rising 0.7% to $222.05 in Wednesday morning trading, while the S&P 500 was up 0.

How To Earn $500 A Month From Lowe's Stock Ahead Of Q1 Earnings
Benzinga94d agoneutral
How To Earn $500 A Month From Lowe's Stock Ahead Of Q1 Earnings

Lowe’s Companies, Inc. is scheduled to report first-quarter earnings before the opening bell on Wednesday, May 20. Analysts expect the home improvement retailer to post earnings of $2.97 per share, up from $2.92 a year earlier, on revenue of $22.88...

Wendy’s Names Robert Wright as CEO
The Wall Street Journal94d agoneutral
Wendy’s Names Robert Wright as CEO

Robert Wright will return to Wendy’s as chief executive officer, where he will oversee efforts to reverse a slump in the restaurant chain’s U.S. sales.

GameStop Increases eBay Stake to Over 6%
The Wall Street Journal94d agoneutral
GameStop Increases eBay Stake to Over 6%

GameStop said in a filing last night that it now controls the equivalent of 6.55% of the company’s outstanding shares, up from around 5%, as it keeps trying to take over the e-commerce business. Shares in both GameStop and eBay are little changed in premarket trading.

Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows
Reuters94d agoneutral
Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline ‌operations and sharpen focus on its key bets including its AI efforts, according ‌to an internal memo seen by Reuters on Wednesday. CEO Sasan Goodarzi sent an email to staff earlier ​in the day, saying that reducing complexity and simplifying the structure would help it deliver better products, according to the memo and a source familiar with the matter. Intuit, which is scheduled to report third-quarter results later on Wednesday, did not immediately return a request ‌for comment.