Global economic updates, market sentiment, and financial headlines.
I feel bullish on this year's IPO market, with one caveat: SpaceX has to prove that AI can carry the comeback by itself. In my view, if investors absorb a $75 billion IPO well, OpenAI and Anthropic may become much easier to underwrite later this year.
Kevin Warsh is to be sworn in as the Fed chair on Friday, with inflation rising and the bond market signaling a possible rate hike.
Many exotic new offerings are like high-price investment junk food.
European equities look set to enjoy a day in the green following the Dow's record close yesterday. Bond yields also dip slightly after a volatile week.
The United Nations is releasing around $60 million from an emergency fund to help contain an Ebola outbreak in the Democratic Republic of Congo and deploying more staff, its aid chief said on Friday.
Consumer confidence in Germany improved a little on the back of a recovery in income expectations, but the impact of the war in Iran was still being felt.
Nvidia's highly anticipated earnings report put the attention squarely back on the tech sector's blistering momentum as investors queried whether hyperscalers and the 'picks-and-shovels' of the AI build-out can meet soaring demand. The Opening Trade spoke to a range of leading market voices to get their analysis.
Wall Street is on track to end the week in the green despite a volatile start to trading this week. The Dow Jones Industrial Average rose to a record close Thursday, with traders hoping for a resolution to the Middle East conflict.
S&P 500 and Nasdaq face make-or-break technical levels as rising yields, oil rebounds, and market volatility test the stock rally.
Europe's push to curb its dependence on U.S. payments giants Visa and Mastercard has driven a wedge between the European Central Bank and financial firms keen to shield revenues, hobbling efforts to build a home-grown system, several people involved said.
A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets as the energy shock triggered by the Iran war dampens economic growth.
Investors will also be watching the stock market closely, and history suggests they have reason to be cautious.
The lumber-gold ratio is a key measure that shows the conflict between economic optimism (building and growing) and financial risk aversion (sequestering capital). The ratio is sitting at historic lows, driven by a surge in gold prices rather than a collapse in lumber demand.
'The Big Money Show' co-hosts analyze a new housing bill passed by Congress, focusing on its impact on homebuilders and market supply. #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebigmoneyshow #housing #realestate #congress #homebuilders #market #economy #politics #political #politicalnews #government #housingmarket #homes #construction #development #lawmakers #capitolhill #washingtondc #washington #dc #supply #finance #business #america #investment #property #housingcrisis #legislation
Asian currencies consolidated against the dollar, but may be weighed by higher Treasury yields.
From a grotesque 230% valuation gap to a ticking energy crisis, this unstoppable market is more fragile than it looks.
The crypto transactions took place despite repeated red flags. Binance says it has “zero-tolerance for illicit activity.
Japanese stocks were higher in early trade thanks to continued hopes for U.S.-Iran peace talks.
Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous from request to payment.
S&P 500 analysis shows technical sell signals are flashing despite Nvidia earnings hype.
The Dow clinched another record close today. Plus, the SpaceX IPO filing tells us a lot about Elon Musk's wealth.
Japan's consumer inflation cooled in April as government measures capped price growth despite rising energy costs.
Energy costs remained in focus as lawmakers pushed subsidy measures. Strong exports supported growth and kept rate hike expectations alive.
Trump signed the U.S.-Mexico-Canada trade treaty in 2020, providing tariff-free treatment to cars built largely with U.S., Mexican or Canadian parts.
Why digital-asset volatility is the price of admission to asymmetric returns and why it should be perceived as an opportunity rather than an obstacle. Volatility is the most common objection advisors hear when discussing digital-asset allocations.
IBM helps lead the Dow to a record, while Walmart lags behind.
US stocks closed slightly higher on Thursday after a volatile trading session as investors weighed shifting developments surrounding the US-Iran conflict, fluctuating oil prices, and renewed concerns about inflation and global energy supply disruptions. The Dow Jones Industrial Average rose 278 points, or 0.56%, to close near 50,288.
The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.36%.
The AI data center infrastructure build-out is ongoing and strong. In fact, it looks like a multi-year opportunity.
Strong earnings and energy exposure have helped Canadian equities outperform despite mounting geopolitical and inflation pressures. The Strait is still closed, and so we thought maybe the worst of the oil price surge was behind us a month ago when we got the ceasefire.
The U.S. Federal Trade Commission fined Cox Media Group and two other companies for falsely claiming they could use AI to target ads based on conversations consumers had near their smart devices, the agency said on Thursday.
Can markets continue to climb despite rising uncertainty? How to think about asset allocation in the current markets.
During Wednesday evening's earnings call, Huang said he thought AI capital expenditures could get up to $4 trillion annually. That's way ahead of Wall Street's estimate trajectories.
Sixteen states are involved in legal proceedings with prediction market platforms, while one state has moved to ban them. The Commodity Futures Trading Commission has sued six states to defend what it sees as its exclusive jurisdiction to regulate event contracts, which it classifies as swaps.
A silver lining to the cloud of high interest rates.
CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why corporate earnings remain so high. -------- More on Bloomberg Television and Markets Like this video?
Space X went up 1,000-fold—and you couldn't buy it. Why regular investors are being shut out of the hottest stocks.
US stock markets reversed losses and turned higher on Thursday after reports that the United States and Iran had reached a draft agreement, easing geopolitical concerns and improving investor sentiment following earlier losses tied to uncertainty around the conflict. The Dow Jones Industrial Average rose 309 points, or 0.62%, while the S&P 500 gained 0.37%.
Bullish sentiment decreased 7.6 percentage points to 31.7%. Neutral sentiment increased 0.6 percentage points to 24.7%.
When credit and stocks disagree, credit is the one telling the truth.
Markets are remaining quite rangebound and muted as traders ease their ecstatic mood. The early morning action was quite muted, with some slow profit-taking – Traders are awaiting for the next communications.
Longevity, the length of human life, is the subject of growing scientific and commercial interest. Functional performance metrics, molecular biomarkers, multiomics data, and continuous digital signals now can measure what clinicians once inferred almost entirely from chronological age.
Mortgage rates this week saw the largest gain in two months and the highest level since August.
Memorial Day week will bring several closely watched economic reports, with investors eyeing fresh inflation data, a revised reading on first-quarter gross domestic product (GDP), and updates on consumer confidence and the housing market.
NORSI, Russia's fourth-largest oil refinery, has shut its main primary CDU-6 unit after a Ukrainian drone attack on Wednesday, two industry sources with direct knowledge of the situation told Reuters on Thursday.
Oura, the maker of smart wearable Oura Ring, said on Thursday it has confidentially filed to go public in the United States.
This multiple sclerosis treatment stock is in a handle of a long cup base. It recently raised its 2026 revenue forecast.
When Kevin Warsh takes command of the Federal Reserve, he will do so as some central bank officials and staff have become increasingly anxious about the state of the financial markets and the risk that presents to the economy.
AI-driven capital expenditures have turned major tech companies — except Apple — into significant free cash flow burners, erasing years of cash generation. From 2025 through 1Q26, Alphabet, Microsoft, Meta, Amazon, and Oracle collectively burned $563 billion in free cash flow, with only AAPL remaining FCF positive.