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Stock climb on US-Iran peace deal; semiconductors rally
1+ day, 6+ hour ago (864+ words) This morning, President Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding aimed at ending the war. The S&P 500, Nasdaq 100, and Russell 2000 rose after President Trump and Iranian President Pezeshkian signed a memorandum of understanding aimed at…...
Stocks rise after US, Iran sign peace plan
1+ day, 16+ hour ago (689+ words) Stocks rose Thursday morning after President Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding aimed at ending the war, in another sign that a months-long war that caused energy prices to spike could be coming to an…...
Stocks fall after new Fed Chair Warsh's first policy meeting as traders worry about a rate hike
2+ day, 6+ hour ago (824+ words) While the Fed left rates unchanged (as expected) a hawkish dot plot has traders bracing themselves for a rate hike this year. The Federal Reserve voted to keep rates unchanged at a range of 3. 5% to 3. 75%, as was universally expected. However,…...
Companies are getting AI chatbots to smear their competitors
2+ day, 7+ hour ago (1042+ words) The race to influence AI chatbots is leading to some companies to adopt shady competitive tactics. If you're a business owner looking for a customer relationship management (CRM) tool, you'll likely go through several stages of careful research. These days,…...
Federal Reserve removes easing bias, policymakers see a hike as more likely than a cut this year
2+ day, 7+ hour ago (1187+ words) The knee-jerk move for stocks was to the downside. In an incredibly brief statement, the Federal Reserve voted to keep rates unchanged at a range of 3. 5% to 3. 75%, as was universally expected. The release eliminated any hints as to the future…...
Despite slight declines, Japanese tourism figures are still hovering around record highs
2+ day, 10+ hour ago (510+ words) Tourism: Still big in Japan. Tourism figures to Japan just declined for two months in a row for the first time since the start of 2022, as fewer flights, rising airfares, and a dearth of visitors from China begin to impact…...
Prediction markets have, predictably, been given a boost by the summer of sports
2+ day, 10+ hour ago (640+ words) Major platforms like Kalshi and Polymarket have seen huge upticks in users of late, thanks in no small part to what's felt like a sports smorgasbord as of late, with major competitions across hockey, basketball, and soccer soaking up fans…...
Lionsgate closes higher on Netflix acquisition rumor
3+ day, 6+ hour ago (704+ words) Shares for the film production company Lionsgate soared on Tuesday following rumors of a potential buyout. According to a person familiar with the possible merger and acquisitions deal, streaming giant Netflix is one of the companies that may be interested…...
Semiconductors slump, dragging down stocks
3+ day, 6+ hour ago (944+ words) The S&P 500 and Nasdaq 100 fell as chip stocks and AI-linked names lost steam. Oil prices slid on the prospect of the Strait of Hormuz reopening. A slide in chip stocks dragged down the S&P 500 and Nasdaq 100. The Russell…...
Hyperliquid reclaims all-time high
3+ day, 10+ hour ago (669+ words) HYPE, the native token powering perpetuals exchange Hyperliquid and its underlying blockchain, rebounded to reclaim its all-time high previously set at the start of the month. Treasury firms Hyperliquid Strategies and Hyperion De Fi have also rallied as the token…...