Tag: markets
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The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season.
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Two unexpected revelations in Warren Buffett’s CNBC interview
Warren Buffett tells CNBC that Bill Gates’ ties to Jeffrey Epstein didn’t drive his termination of donations.
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‘WarshGPT’: How Wall Street is adapting to the Fed’s new era of communication
Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.
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How are prediction markets taxed? The IRS hasn’t provided guidance yet
Experts say the lack of federal guidance makes it’s unclear on how prediction markets winnings should be reported and levied.
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Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Morgan Stanley forecasts that K-beauty sales in the U.S. can reach approximately $4 billion in 2026.
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A strong start to earnings season will be put to the test next week
Next week’s Alphabet and Tesla earnings will give some idea of where the semis go next.
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Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraqi Prime Minister Ali al-Zaidi is visiting the U.S. this week. He met with President Donald Trump at the White House on Tuesday.
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Oil tankers face ‘worst case scenario’ in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
One seafarer was killed and three were injured in attack on the crude oil tanker Al Bahyah off Oman’s coast on Tuesday.
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Retail and Wall Street are underwater on SpaceX — but not going down without a fight
Good times for SpaceX are proving short-lived as Elon Musk’s intergalactic IPO is now giving fodder to bears.
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