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Energy & Utilities Roundup: Market Talk
The Wall Street Journal108d agoneutral
Energy & Utilities Roundup: Market Talk

Find insight on NextEra Energy’s acquisition of Dominion Energy and oil futures in the latest Market Talks covering Energy and Utilities.

Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains
24/7 Wall St.108d agoneutral
Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains

President Donald Trump has had little trouble pointing to Wall Street as evidence his second term economy is working. Since Inauguration Day on Jan. 20, 2025, the S&P 500 has climbed more than 22%, according to Bloomberg market data, and nearly 48% from the sharp lows hit during the April 2025 tariff-driven selloff. On the ... Trump’s Bull Market Is Standing on Shaky Legs. Just 5 Stocks Account for 52% of the S&P’s Gains

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town
Bloomberg108d agoneutral
SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town

(Bloomberg) -- A 45-minute drive down a narrow highway separates one of America’s poorest border cities from the heart of Elon Musk’s SpaceX empire.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapA lot has changed in Brownsv

OpenAI’s Legal Victory Comes With A Cost
The Wall Street Journal108d agoneutral
OpenAI’s Legal Victory Comes With A Cost

OpenAI won its legal tussle with its former backer Elon Musk on Monday. A defeat in the case for OpenAI could have upended its business model and reverberated to all the businesses that have come to rely on its success— Microsoft and Oracle perhaps the most. It could have delayed an IPO that is currently expected as early as this year.

Morgan Stanley resets Nvidia stock price target ahead of earnings
TheStreet108d agoneutral
Morgan Stanley resets Nvidia stock price target ahead of earnings

Nvidia reports after the market close on May 20. Morgan Stanley's analyst Joseph Moore published his preview note on May 18. And the number at the center of his argument is one that the rest of Wall Street is, in his view, significantly underestimating. That number is $1 trillion. And whether you ...

Fire-Damaged Auto Aluminum Plant Closer to Restarting
The Wall Street Journal108d agoneutral
Fire-Damaged Auto Aluminum Plant Closer to Restarting

A fire-damaged aluminum rolling plant in upstate New York that supplies Ford Motor and other automakers will return to service in the next few weeks, its owner said Tuesday. The restart of the Oswego, N.Y., Novelis plant is running slightly ahead of the company’s earlier target for restarting the plant at the end of June, the company said. Ford, which is the U.S. auto industry’s biggest user of aluminum, said in April it expected Oswego’s rolling line to restart this month.

Oil Declines After Trump Says He Called Off Strike on Iran
Bloomberg108d agoneutral
Oil Declines After Trump Says He Called Off Strike on Iran

(Bloomberg) -- Oil fell after President Donald Trump said he’d called off a strike on Iran planned for Tuesday following an appeal by Persian Gulf allies.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapWest Texas Intermediat

Bloomberg108d agoneutral
Polymarket Deepens Push to Allow Bets on Value of Hot Startups

(Bloomberg) -- Polymarket plans to use data from Nasdaq Private Market as it seeks to expand bets on unlisted companies amid a frenzy of retail investor interest.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapThe prediction

Bloomberg108d agoneutral
Cisco Shares Dip After Company Discusses Margin ‘Headwind’

(Bloomberg) -- Cisco Systems Inc. shares slipped after Chief Financial Officer Mark Patterson warned that the company would see “ups and downs” with its gross profit margin as it pushes further into AI infrastructure. Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whip

Home Depot Q1 Earnings Call Highlights
MarketBeat108d agoneutral
Home Depot Q1 Earnings Call Highlights

Home Depot (NYSE:HD) reported first-quarter fiscal 2026 results that were in line with management’s expectations, with modest comparable-sales growth despite continued pressure from housing affordability, higher interest rates and cautious consumer behavior around large projects. The home improveme

US software stocks attempt a rebound as investors reassess AI risks
Reuters108d agoneutral
US software stocks attempt a rebound as investors reassess AI risks

U.S. software stocks headed toward their fourth consecutive session of gains on Tuesday, attempting a comeback after being battered ‌for much of the year on fears of disruption from artificial intelligence. The iShares Expanded Tech‑Software Sector ETF rose 1.1%, hitting its highest level since January. Workday, ServiceNow and Salesforce ‌rose between 3.7% and ⁠4.3%.

Investing.com108d agoneutral
NATO mulls Hormuz intervention amid economic pressure

Investing.com - NATO is discussing potential military assistance for ships passing through the blocked Strait of Hormuz if the waterway remains closed by early July, according to a report from Bloomberg News, citing alliance sources.

What Nebius CEO Just Said Shows How Quickly the Fed Can Kill the AI Boom
24/7 Wall St.108d agoneutral
What Nebius CEO Just Said Shows How Quickly the Fed Can Kill the AI Boom

The AI boom rests on cheap capital. Nebius Group (NASDAQ:NBIS) CEO Arkady Volozh just spelled out how a few hundred basis points of borrowing cost could undermine the economics of the buildout. In a recent interview with venture capital firm Accel, Volozh walked through his company’s financing stack: “For a startup like us with all ... What Nebius CEO Just Said Shows How Quickly the Fed Can Kill the AI Boom

Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say
Reuters108d agoneutral
Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say

Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that ‌could be worth at least 20 billion riyals, two sources with knowledge of the matter ‌told Reuters, as the firm races to expand capacity amid a regional AI push. The move illustrates how Saudi Arabia, like Gulf neighbours ​Qatar and the United Arab Emirates, is accelerating its AI build-out to capitalise on surging global demand for computing power. The country is also banking on cheap energy to power data centres - a powerful lure for hyperscalers such as Google, Microsoft and Meta that are driving AI adoption.

X-Energy Is in a Post-IPO Slump. Why Analysts Say the Nuclear Stock Can Surge.
Barrons.com108d agoneutral
X-Energy Is in a Post-IPO Slump. Why Analysts Say the Nuclear Stock Can Surge.

Nuclear reactor developer X-Energy’s stock has been in a lull since the company’s highly successful initial public offering last month, but investors should focus on the long-term potential rather than day-to-day trading, analysts say. A host of investment banks initiated coverage of X-Energy on Tuesday as the quiet period on firms involved in its IPO lifted. As is often the case with IPO underwriters, most opinions were positive.