Stocks are hovering near highs to close out the week. Crude oil is dipping, while gold and silver are mixed. The dollar and Treasuries are flatlining.
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Kalshi sued Minnesota in federal court this week, joining Donald Trump‘s Commodity Futures Trading Commission in challenging a law signed by Tim Walz that would make the state the first to criminalize prediction markets starting Aug. 1. Walz signed the bill May 18, and the CFTC filed its challenge the following day. Kalshi joined this week with its own complaint targeting state Attorney General Keith Ellison, Walz and gambling enforcement chief John Anglin. State lawmakers framed the measure as
The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.
Shares of space companies are falling back to earth after a rocket being tested by Jeff Bezos’ Blue Origin exploded Thursday night. Blue Origin had been planning to use New Glenn to deploy commercial satellites for Amazon and other companies and to blast its own cargo lander to the moon. The fallout rippled across the industry, with companies that are tied to Blue Origin—and others that aren't—falling shortly after the opening bell.
HP gave investors a stronger quarter than expected, but Bank of America is not ready to call it a clean turnaround. HP (HPQ) reported fiscal second-quarter results that topped its prior earnings outlook, helped by stronger revenue, better pricing, and improved free cash flow. The company also gave ...
DETROIT, May 29 (Reuters) - A battery plant partly owned by General Motors is delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars, according to
TFX targets $2.03B in divestiture proceeds; FTC review, tariffs and remediation costs put 2026 timing, margins and leverage in play.
Marvell’s strong outlook and accelerating growth in data center networking, custom silicon, and interconnect solutions continue to support the bull case.

Elon Musk is musing about a merger between SpaceX and Tesla. For shareholders of the EV maker, however, it might not be a good thing.
Dell Technologies Inc (NASDAQ:DELL) shares surged by 32% at Friday’s opening bell after the company reported first quarter results that significantly exceeded Wall Street expectations across revenue and earnings, alongside sharply higher guidance driven by accelerating AI demand. For the...
Dimon said: “I do think there might be, in the next couple years, a chance to put $10 or $20bn to work buying something.”
Dimon said: “I do think there might be, in the next couple years, a chance to put $10 or $20bn to work buying something.”

Dell Technologies (DELL) stock is on the move in Friday's pre-market trading as its share price soars by as much as nearly 40% — bringing the share price into the $400 range — after reporting a booming $60 billion in AI server sales for the company's first quarter. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland dive into Dell's earnings results and how its AI demand-driven growth compares to that seen in the software sector.
FedEx's freight business will become a separate entity.
Dell's AI Backlog Hits Record High as Stock Ignites After Earnings
One of the most obvious ways to diversify your portfolio—investing outside the U.S.—suddenly looks like swapping McDonald’s for Burger King. In today's Markets A.M. newsletter, I look at newly popular emerging-market ETFs and find they're largely dominated by a few tech stocks.
Crypto trading firm FalconX has filed to hold an initial public offering (IPO) in the U.S. ...
Tesla-SpaceX Merger Buzz Ignites Fresh Elon Musk Speculation
Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company's view on Venezuela, and potential oil and gasoline shortages. He speaks on "Bloomberg Surveillance."
SoFi Technologies (NASDAQ: SOFI) caught Wall Street off guard on Friday morning, with shares skyrocketing 13% in premarket trading. The dramatic surge comes on the heels of a major cryptocurrency announcement from the digital banking giant, but market experts suggest there is a deeper, more volatile technical story driving the double-digit gains. Here is a breakdown of the two primary forces fueling SoFi’s massive premarket rally. The Catalyst: A Pioneering Move into Stablecoins The fundamental
New Texas DMV registration data reveals Tesla has just 42 autonomous vehicles in the state, versus 577 for Alphabet's Waymo
In Q1, the retailer posted enterprise revenue of $8.94bn compared to $8.76bn a year earlier.
A big move in Ford's stock.
The South Korean company unveiled an Android Automotive OS platform that controls multiple vehicle displays from a single chip
(Bloomberg) -- As SpaceX edges closer to what could be the largest initial public offering in history, a corner of the crypto market is already pricing the debut — and recent history suggests the numbers are worth watching.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to
U.S. chipmaker Intel and 3DGS Inc. USA will invest about $3.3 billion to set up a substrate manufacturing plant in the eastern Indian state of Odisha, the Indian government said on Friday. • Substrates are the bedrock material on which elements of a semiconductor device are attached. • New Delhi has pledged billions of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push to build more products locally.
May 29 () - Global investors returned to equity funds in the week to May 27 after a week of outflows, as a rally in AI-linked stocks revived demand, though caution over U.-Iran peace negotiations kept buying in check.
Larry Kudlow spent Wednesday evening on Fox Business arguing that the economy is stronger than headlines admit. “The Trumpian economy is absolutely booming as is the stock market,” he said, listing the receipts: an Atlanta Fed nowcast pointing to 4.3% real GDP growth in the second quarter, core goods prices up only 1.1% excluding food ... Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise
Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
Chevron CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies and says the company would not consider paying a toll to traverse the Strait of Hormuz.