IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions
It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from the region.
Apple shares just had their best day since last May
Apple stock climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s best day since May 5, 2023.
Sen. Bob Menendez’s trial to proceed without his wife due to her health issues
The illness, which was not disclosed in court, has led to a lack of clarity about when she will be healthy enough to proceed to trial.
CFRA’s Stovall says the S&P 500 can go higher, but expects a correction ahead. Here are his picks to play it
The strategist noted the best-performing groups in corrections going back to 1990 were gold, electric utilities and household product makers.
Big donation to Rudy Giuliani defense fund is target of lawsuit alleging fraud by donor
Former New York Mayor Rudy Giuliani is fighting several court cases related to his work as a lawyer for Donald Trump.
Fed can start cutting interest rates by end of 2024, IMF managing director says
Kristalina Georgieva said the central bank should continue following economic data to determine when it’s right to begin lowering.
Vinod Khosla and Palantir’s Jacob Helberg call on Senate to ban TikTok: It’s ‘a weapon of war’
Top investor Vinod Khosla and Palantir advisor Jacob Helberg are calling on the Senate to act on the TikTok ban bill, as ByteDance fights against it.
Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: ‘It’s a sad story’
Jassy said regulators’ move to stop the iRobot deal shows they “trust these two large Chinese companies with maps” of Americans’ homes more than they do Amazon.
The March inflation data lowered rate cut expectations. Here’s why stocks could take that in stride
Some investors say that markets will be able to cope so long as the Fed doesn’t raise rates again.
Microsoft will unveil new Windows and cloud AI features in May
Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference.
