Google I/O primer: Alphabet’s AI showcase is its chance to wow Wall Street
After a 140% stock surge and a sweeping Wall Street reset, Google’s developer conference has to prove the AI story is more than a market narrative.
Trump says he’s postponing ‘scheduled attack of Iran tomorrow’ at Middle East leaders’ request
The U.S. and Iran are in a stalemate centered on the Strait of Hormuz, the global oil pathway whose closure due to the war has caused an energy supply shock.
Nvidia bulls mount uphill battle into earnings
Call volume outpaced puts by more than double on Monday, though more calls were exchanged at the bid or below, meaning likely sold.
Musk slams Altman trial verdict as a ‘technicality,’ vows to appeal
A jury in Oakland, California, ruled against Elon Musk in his dramatic court battle with Sam Altman and OpenAI.
Seagate leads memory sell-off as CEO says it would ‘take too long’ to build new factories
Seagate CEO Dave Mosley’s comment sent shares sinking, along with those of Micron, SanDisk and Western Digital.
Nvidia earnings call drama: Will Jensen Huang talk ‘Trump’ and China chips after Xi summit?
Both Nvidia’s earnings and its commentary on its financial report are expected to be big tests for U.S. equities.
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.
Warren Buffett teased to CNBC a ‘tiny purchase’ in March. Berkshire filing may have revealed it
When asked in March whether Berkshire was still putting money to work, Buffett said the conglomerate had made “one tiny purchase.”
Higher aluminum prices are powering one former Dow component. Here’s how to buy for less
Despite elevated aluminum production costs and shipment timing issues, Alcoa (AA) is strongly capitalizing on structurally higher prices.
The EU will cut growth outlook, raise inflation forecast as Iran war drives ‘stagflationary shock’
The commission’s forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.
