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Intel Drives S&P 500 and Nasdaq to Record Highs
U.S. equity indexes hit fresh peaks as Intel’s earnings lift the S&P 500 to around $5,300 and Nasdaq to its longest winning streak since 1992. Investors are buoyed by hopes that U.S.-Iran negotiations
DOJ Drops Criminal Probe of Fed Chair Powell
The Department of Justice dropped its criminal investigation into Federal Reserve Chair Jerome Powell, ending an unprecedented probe that had blocked the confirmation of President Trump's nominee to l
Nuclear reactor company X-energy shares surge 26% as AI drives interest in its IPO
Amid a seven‑week war and oil supply disruptions, X‑Energy’s IPO taps the AI‑driven surge in nuclear interest, raising over $1 billion and sending its shares up 26%. The company’s 80‑MW Xe‑100 reactor
Bank of Canada to hold interest rates this year, show patience with energy inflation: poll
A Reuters poll shows the Bank of Canada will keep its overnight rate at 2.25% for the rest of 2024, despite soaring energy prices tied to Middle‑East turmoil. Most economists back a patient stance, ci
Iran Minister Arrives in Pakistan, Oil Prices Slip
Oil markets slipped as Brent fell to $104.63 per barrel after reports that Iran’s foreign minister Abbas Araghchi will land in Pakistan for peace talks, while the U.S. and Israel‑Lebanon truce was ext
Trump extends ceasefire; S&P 500 holds record
Trump's three‑week extension of the Israel‑Lebanon ceasefire eases immediate conflict risk but leaves trust fragile, while the S&P 500 holds its record high and investors brace for a mixed market open
Trump threatens UK tariff over digital services tax
Trump warned the United Kingdom that a “big tariff” will be imposed unless it drops its 2% digital services tax on U.S. tech firms, reviving trans‑Atlantic trade tensions ahead of a royal state visit.
Saylor says Bitcoin winter over; Greenspan sees rally
Michael Saylor declared the crypto winter over as Bitcoin hovered above $78,000, a view echoed by analyst Mati Greenspan who sees the dip as a pullback in a broader bull market and predicts the next s
Kevin Warsh Pushes Trimmed Inflation Measures
Fed nominee Kevin Warsh told Senate panels he wants the central bank to adopt trimmed‑average inflation metrics and shrink its balance sheet, a push that could reshape how inflation is measured and in
Trump Says No Rush to End War, CA Jet Fuel Shortage
Global equities slipped as investors digested Trump's declaration that he isn’t hurrying to end the Middle‑East conflict, while a jet‑fuel shortage in California added pressure on airlines. European m
South Korea's 'ant investors' are marching to U.S. equities even as domestic market hits record highs
Even as the Kospi posts 75% gains and new record highs, South Korean retail investors—dubbed “seohak ants”—have poured $73.6 billion into U.S. stocks in 2025, making the country the world’s third‑larg
European Stocks Slip 0.6% Amid US‑Iran Tensions
European markets slipped as investors priced in fresh U.S.-Iran tension, with the Stoxx 600 down 0.6% and oil prices climbing. Trump’s “don’t rush me” stance on a Tehran deal and a U.S. naval boarding
Bitcoin Slides as Japan Inflation Fuels BoJ Rate Talk
Bitcoin’s rally stalled as Japan’s March inflation surprised on the high side and Iran‑driven oil disruptions kept energy costs soaring, feeding fears of a hawkish Bank of Japan. The combined macro pr
Asia Stocks Fall on Tech Losses, Oil Above $100; Japan CPI Below 2%
Asian stocks fell Friday as tech shares retreated and oil held above $100 amid stalled US-Iran talks and Strait of Hormuz tensions, while Japan's core CPI undershot the Bank of Japan's 2% target headi
Intel forecasts quarterly revenue above estimates, underscoring booming demand for server chips
Intel’s Q2 revenue outlook of $13.8‑$14.8 billion, well above Wall Street forecasts, sparked a 15% share surge and added $49 billion to its market value, underscoring a resurgence in AI‑focused CPUs.
Trump Extends Israel-Lebanon Ceasefire 3 Weeks
President Trump announced a three-week extension of the Israel-Lebanon ceasefire after hosting both countries' ambassadors in the Oval Office, while pursuing parallel tracks for Lebanon peace talks an
WBD shareholders back Paramount Skydance deal, reject $500M Zaslav pay
Warner Bros. Discovery shareholders voted overwhelmingly on Thursday to approve the company's merger with Paramount Skydance, clearing a key hurdle, but separately rejected a compensation package that
Trump Extends Israel-Lebanon Ceasefire by Three Weeks
After a White House meeting with top U.S. officials, President Trump announced that Israel and Lebanon have agreed to stretch their 10‑day ceasefire by three weeks. The extension, brokered with the he
Tesla Q1 Core Profit Near Zero, $25 B CapEx Plan
Tesla reported near‑zero profit from its core EV business in Q1 while unveiling a $25 billion capital‑expenditure plan, prompting a sharp stock decline.
WBD Shareholders Approve Paramount Merger
Paramount Skydance CEO David Ellison told staff that Warner Bros. Discovery shareholders approved the merger, clearing a key hurdle for the combined media venture while still awaiting regulatory sign‑
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