The U.S. Federal Reserve is set to begin a new era after former governor Kevin Warsh won a highly polarized 54-45 Senate confirmation vote to replace Jerome Powell as the Fed Chair A close ally of U.S. President Donald Trump, Warsh will face a difficult job balancin
Beijing rejects all H200 AI chip orders following Trump’s 25% tariff reduction, wiping out $30 billion in potential Nvidia revenue. Nvidia’s stock dropped 4.4% after President Donald Trump revealed China has refused to approve any purchases of the company’s H200 AI chips.
Mark Dorsey, Chief Revenue Officer of Appian (NASDAQ:APPN), a low-code automation platform provider, reported the direct acquisition of 5,227 shares of Common Stock in multiple open-market transactions on May 13, 2026, according to the SEC Form 4 filing. Transaction summar
RedCloud maintains its 2026 revenue forecast above consensus, despite a 4% decline in its stock price during early trading. RedCloud (RCT) reaffirmed its 2026 revenue guidance of $120M, exceeding the $111.75M consensus estimate. The company cited continued growth as the ba
The firm maintains a positive outlook on stocks despite a nearly three-month global energy disruption impacting markets. Morgan Stanley is retaining its overweight allocation to equities, including SPY, DIA, and QQQ, as it balances cautious optimism against ongoing energy
Warren Buffett's firm increased holdings in Alphabet and The New York Times while exiting financial stocks like Mastercard and Visa. Berkshire Hathaway adjusted its portfolio in the first quarter, increasing investments in technology and media while re-entering the aviatio
Quick Read - Consumer Staples Select Sector SPDR Fund (XLP) holds 35 S&P 500 consumer staples companies with Walmart at 12%, Costco at 10%, and Procter & Gamble at 7%, paying a 2.57% yield while charging only 0.08% annually. In November 2021 through December 2022, XLP gain
Settlement resolves 32 apparent violations tied to Iranian liquefied petroleum gas shipments routed through Dubai. Adani Enterprises Ltd will pay $275 million to settle allegations of violating US sanctions on Iran, the Treasury Department said. The company allegedly purch
The first quarter was huge for mergers and acquisitions (M&A) as a raft of megadeals pushed the worldwide value of deals some 50% higher, year over year. Overall, it was one of the best quarters for deal-making in years No company benefited from this surge in M&A ac
SpaceX IPO excitement is reaching a fever pitch, and driving space stock prices higher this morning -- with or in the case of Redwire Corporation (NYSE: RDW), without any other news. Shares of Redwire, a specialist in building space infrastructure such as spacecraft dockin
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