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U.S. PCE inflation rises at fastest pace in three years in April
U.S. inflation surged to a three‑year high in April as the PCE price index jumped 3.8% YoY, driven largely by a 12% spike in gasoline amid the Iran‑Hormuz shipping crisis. Economists’ forecasts of the
Kohl's Shares Jump 20% After Strong Sales Report
Kohl's shares surged 20% after the retailer posted its best comparable‑sales growth in four years, beating loss expectations, reaffirming its full‑year outlook, and highlighting a modest revenue dip i
Fed's PCE Gauge Hits 3.8%, Three-Year High
The Federal Reserve's preferred inflation gauge climbed to 3.8% annually in April — a three-year high — as prices rose for a fifth straight month, keeping the central bank from cutting interest rates.
TD reports higher profit on Canadian banking and capital markets strength, raises dividend
Amid tight U.S. energy supplies, ongoing U.S.-Iran tensions, and an expanding NFL schedule, Canadian banking giant TD posted a strong second‑quarter performance, beating forecasts and lifting its divi
Rally in chip stocks becomes the most hated in history. Here's the data
Even as the broader market rides record S&P 500 levels and some firms unwind convertible debt, semiconductor stocks have sparked the most hated rally in history. Record‑high put interest on the VanEck
Bitcoin’s famous CME gaps are about to disappear, though three remain unresolved
CME’s shift to round‑the‑clock Bitcoin futures wipes out the long‑standing weekend gap, a staple of technical trading, just as Bitcoin hovers around $76,000 after Iran‑related news. The move aligns fu
Oil markets are betting on a swift end to the Iran war. Investors may regret it
Oil markets are betting on a rapid end to the Iran‑U.S. clash, pushing Brent above $96 and WTI above $90, but analysts warn the risk premium remains high and price declines will be slow. Callum Macphe
Royal Bank of Canada sees quarterly profit rise on trading boost, hikes dividend
Royal Bank of Canada posted a 25% jump in Q2 profit to $5.5 billion, driven by stronger capital‑markets earnings and lower loan‑loss provisions. The bank lifted its dividend, launched a $45 million sh
Crypto liquidations hit $935M as Bitcoin price dips to $72.6K
Bitcoin plunged to a six-week low of $72,620 amid geopolitical tensions over U.S. military strikes on Iran, triggering $935 million in crypto liquidations and raising fears of a breakdown below $70,00
5 simple Demat account opening steps and smart stock market investing tips for beginners in India
India’s equity market is booming, with demat accounts swelling from 90 million in FY22 to 225 million in FY26, reflecting a structural surge in retail participation. While Parliament has postponed the
SpaceX IPO Buzz Powers Space Stocks 50-83% In May
SpaceX's expected $2 trillion IPO is fueling a retail frenzy in smaller space stocks, with RKLB, ASTS, SIDU, and BKSY surging 54-83% in May — though SIDU's 20% overnight plunge on a $100M offering tem
US Stocks Notch Third Straight Record on US-Iran Ceasefire
US stocks notched a third straight record close Thursday as reports of a US-Iran ceasefire extension eased escalation fears, even as a slate of weaker growth and hotter inflation data sharpened stagfl
Snowflake Q1 Earnings Call Highlights - Yahoo Finance
Snowflake smashed Q1 expectations, lifting its stock about 36% in premarket trading. The company also announced a $6 billion multi‑year agreement with Amazon Web Services to power AI‑driven analytics
Salesforce Earnings, Revenue Beat. Software Stock Falls On Guidance. - Investor's Business Daily
Salesforce delivered a first‑quarter earnings surprise, with both revenue and profit exceeding forecasts. Nevertheless, the software‑sector stock slipped after the company's guidance fell short of mar
Salesforce First-Quarter Sales, Profit Rise Amid Agentforce Efforts - WSJ
Salesforce’s first‑quarter results showed rising sales and profit, and the company beat earnings and revenue forecasts, but its light full‑year guidance dampened enthusiasm. The earnings beat did not
The crypto industry’s massive political war chest is starting to lean Republican ahead of midterms
Crypto money is reshaping Texas politics, with the Fairshake PAC pouring $6.5 million into Christian Menefee’s campaign to oust Democrat Al Green and backing a slate of GOP House hopefuls. New crypto‑
Stock Market Today: Dow, Nasdaq, S&P 500 Score Highs As Oil Falls Below $90 (Live Coverage) - Investor's Business Daily
U.S. equities surged to fresh record highs as AI‑driven optimism lifted the Dow, Nasdaq and S&P 500, while oil slipped below $90 per barrel. The rally dovetails with the S&P 500’s ongoing record highs
Debt Interest Eats Record 19% of US Revenue
Interest on the U.S. national debt consumed a record 19% of federal revenue in fiscal 2025, and the Committee for a Responsible Federal Budget warns the figure could approach 30% by 2036 if Treasury y
SEC Advisory Committee Sets June 4 Meeting on Private Markets
The SEC's Investor Advisory Committee will convene June 4 in Washington to examine private market access for retail investors, passive index fund voting, and potential recommendations on proxy voting
Robinhood Launches AI‑Agent Trading and Credit Card
Robinhood is rolling out a new feature that lets users deploy AI agents to trade stocks and even make purchases via a dedicated credit card. The move, highlighted by Forbes and CNBC, marks a push towa
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