News
For more than two centuries, the New York Stock Exchange has operated on a simple premise: buyers and sellers meet, a price is discovered, and a trade settles. That is about to change. The question is whether Wall Street is ready for what comes next.
Tech
When SpaceX filed its S-1 with the Securities and Exchange Commission on May 20, the financial world finally got what it had been waiting years for: a real look inside Elon Musk's rocket company. What it found was not quite what most people expected. Yes, SpaceX is a
Macro
Kevin Warsh is now the 17th Fed chair, inheriting a $6.8 trillion balance sheet, a market pricing in rate hikes, and an Iran war that has reshaped the inflation outlook. Here is what his arrival means for investors.
News
Oil traders have been here before. Three times since the 2026 Iran war began in late February, markets have priced in a peace deal only to watch it evaporate within hours. So when President Trump posted on social media Saturday morning that the Strait of Hormuz deal was "largely
News
The S&P 500 closed out its eighth consecutive week of gains on Friday, its longest winning streak since December 2023, and the market's mood heading into the Memorial Day weekend is about as good as it has been all year. The Dow Jones Industrial Average set
News
There is a data point buried in Walmart's first-quarter earnings report that tells you more about the state of the American consumer than almost any macroeconomic indicator. The average fuel fill-up at Walmart's gasoline stations fell below 10 gallons for the first time since 2022.
News
Novo Nordisk's Wegovy pill generated $354 million in its first full quarter on the market, nearly double analyst expectations. The company now has a commanding early lead in the oral GLP-1 market over Eli Lilly's Foundayo.
News
Meta, Microsoft, Alphabet, and Amazon beat earnings expectations but disappointed markets anyway. The culprit: $650 billion in AI infrastructure spending that's getting more expensive, not cheaper.