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Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization
Benzinga94d agoneutral
Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization

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

FedEx Freight Stock Starts Trading Monday. What to Know.
Barrons.com94d agoneutral
FedEx Freight Stock Starts Trading Monday. What to Know.

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.

Blue Origin Rocket Explosion Sends Space Stocks Plummeting
The Wall Street Journal94d agoneutral
Blue Origin Rocket Explosion Sends Space Stocks Plummeting

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.

Bank of America sends tough message on HP stock
TheStreet94d agoneutral
Bank of America sends tough message on HP stock

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 ...

Dell Technologies shares surge after blowout earnings
Proactive94d agobullish
Dell Technologies shares surge after blowout earnings

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...

AI server sales push Dell stock to new heights: Earnings takeaways
Yahoo Finance Video94d agoneutralVIDEO
AI server sales push Dell stock to new heights: Earnings takeaways

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.

Emerging Markets Are No Route to Portfolio Diversity
The Wall Street Journal94d agoneutral
Emerging Markets Are No Route to Portfolio Diversity

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.

Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela
Bloomberg94d agoneutralVIDEO
Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela

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."

Investing.com94d agobullish
SoFi surges 13%: Stablecoins, short squeezes, and the return of retail

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

SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets
Bloomberg94d agoneutral
SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets

(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

Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state
Reuters94d agoneutral
Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state

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.

Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise
24/7 Wall St.94d agoneutral
Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise

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 Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
24/7 Wall St.94d agoneutral
Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan

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