Macy’s (M) reported its best growth in four years in the first quarter and raised its 2026 outlook despite pressure on US consumers. The company benefited from its higher-income shoppers as economists point to a K-shaped economy that continues to divide US consumers <p
Taiwan Semiconductor Manufacturing leads Green Alpha’s top holdings amid S&P 500 decline and surging oil prices. Taiwan Semiconductor Manufacturing (TSM) closed at $446.69 on June 2, 2026, as demand for AI-driven semiconductors bolstered its position in Green Alpha Investm
Quick Read - A Truist study of 30 major IPOs found the average maximum first-year drawdown hit 55%, with even ARM falling 41% peak-to-trough in just three months. - Winners like PLTR and ZM skewed the 12-month average return to +14%, but the median major IPO actually lost 9% in...</strong
US Dollar Index: Tariff plans and conflict support Dollar – BNY BNY’s Bob Savage reports that the Dollar Index is firmer as higher U.S. yields and renewed geopolitical tensions underpin safe-haven demand. President Trump’s proposal for broad new tariffs raises trade and in
BNY’s Bob Savage reports that the Dollar Index is firmer as higher U.S. yields and renewed geopolitical tensions underpin safe-haven demand. President Trump’s proposal for broad new tariffs raises trade and inflation risks, reinforcing USD support Savage also highli
Stripe, Visa and Mastercard are close to launching a new stablecoin platform, while Coinbase is also exploring possible participation, according to CoinDesk. Coinbase, Stripe and Visa declined to comment, and Mastercard had not responded by publication time CoinGeck
CEO Chuck Robbins cites surging need for networking and security infrastructure to support AI and telecom build-outs. Cisco shares reached all-time highs as demand for AI-driven infrastructure accelerates. CEO Chuck Robbins attributed the rally to growing recognition that
Sector Overview The US stock market is experiencing a day of contrasts, with significant disparities across sectors. The technology sector is under pressure, dragged down by major losses in prominent stocks, while the energy sector provides a bright spot in today's trading
The ISM Services PMI rose to 54.5 in May, exceeding expectations and signaling stronger service sector growth. The US service sector expanded faster in May, with the ISM Services PMI rising to 54.5 from 53.6 in April. The reading surpassed the consensus estimate of 53.8, m
Tata Motors shifts to Chery’s Freelander platform for its Avinya EV lineup, delaying production to 2027 after JLR scrapped its electrification plans. Tata Motors will use Chery’s Freelander platform for its Avinya electric vehicle (EV) range, replacing a scrapped collabora