Tag: business news
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Chinese autonomous-driving firm Momenta rises 3% in Hong Kong stock debut
Chinese autonomous driving firm Momenta debuted on the Hong Kong stock exchange on Wednesday, rising 3%.
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Jim Cramer sees a buying opportunity in this retail giant down nearly 18% from its high
CNBC’s Jim Cramer said Walmart’s roughly 18% pullback since its mid-May peak has created a buying opportunity.
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Kalshi traders see slim odds U.S. government will take a stake in OpenAI this year
Traders on the prediction markets platform see a less than 30% likelihood the federal government will take a stake in AI companies Anthropic and OpenAI.
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U.S. resumes ‘powerful strikes’ on Iran after Hormuz Strait ship attacks, CENTCOM says
The U.S. revoked Iran oil sales authorization earlier in the day.
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Traders on Kalshi think the Nasdaq-100 will end 2026 above 30,000, predicting a cooler second half of the year
Speculators think the massive rally in the Nasdaq-100 since the lows following the U.S.-Iran war will be more subdued in the second half of 2026.
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DeSantis-backed ‘Stop WOKE’ law meets appeals court block, teeing up possible Supreme Court fight
A Trump-appointed judge ruled against Gov. Ron DeSantis’ “Stop WOKE Act,” leaving Florida’s college speech limits blocked as a Supreme Court appeal looms.
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Judge blocks DOJ subpoena for names of 2020 Fulton County, Georgia, election workers
President Donald Trump has focused on the ballot count in Fulton County, Georgia, to promote claims that he actually won the 2020 election
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The case for S&P 500 8,000 and sticking with Micron, tech, according to Trivariate Research
When earnings increase at rates as strong as expected, the S&P 500 typically posts high returns, the firm said.
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As chip sector takes it on the chin, traders bet on a big Nvidia rally
Shares of Nvidia fought into the green despite a 5% sell-off in chip stocks tracked by the VanEck Semiconductor ETF (SMH).
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Josh Brown likes this ‘sleeping giant’ AI play and Magnificent 7 member
Apple is a “sleeping giant” thanks to its late entry into artificial intelligence. It should be a big AI beneficiary and reach $400 per share, Josh Brown said.
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