Just days after the Senate narrowly confirmed Kevin Warsh as the next chair of the Federal Reserve, the inflation picture took a sharp turn for the worse. Consumer prices rose 3.8% in April, the highest annual rate since May 2023 And wholesale prices -- often viewed
The Dow spent Wednesday hostage to two things it cannot control, the bond market and an Iran headline, and by the time of writing, the headline had won. Futures had been grinding lower under the weight of a vicious selloff in long-dated Treasuries, then turned on a dime an
T1 Energy shares outpace the S&P 500 after surging 25% in a single session, capping a 74% monthly gain. T1 Energy (TE) stock climbed more than 25% on Wednesday, continuing a rally that has driven shares up 74% over the past month. The surge far exceeds the S&P 500’s 4.53%
CEO Bill Winters cites AI-driven role reductions in HR, risk, and compliance as part of a $1.5 billion cost restructuring plan. Standard Chartered will eliminate over 15% of its corporate function roles, totaling 7,800 positions, by 2030. The cuts target support services,
Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge Sports betting on firms such as Kalshi was the focus of questions over advertising to children, cheating from athletes and undermining regulated gaming. What to know: - The fast-growing predic
Quanta Services stock pulls back to key support, offering a potential buy point as data center orders jump 500%. Quanta Services (PWR) traded at $716.75, up $2.62 or 0.37%, as the stock found support at its 21-day moving average. The rebound presents a new entry opportunit
A senior executive at one of Germany's largest institutional asset managers has issued a blunt warning about the structural integrity of the world's two biggest stablecoins. Tether and Circle are the two largest stablecoin issuers in the world Tether issues USDT, th
Earnings Call Insights: Carlyle Credit Income Fund (CCIF) Q2 2026 Management View Seeking Alpha's Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due
Crypto custody firm Copper is looking to sale the company for $500 million Cantor Fitzgerald has been appointed to help with the sale, according to sources. What to know: - The crypto custody firm is weighing a $500 million sale, according to sources. - The jewel in Copper
Snowflake’s Q1 product revenue guidance of $1.262 billion to $1.267 billion reflects 27% year-over-year growth amid strong adoption trends. RBC Capital lowered its price target for Snowflake (SNOW) to $220 from $245 while maintaining an Outperform rating ahead of Q1 result
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