U.S. News
One global strategist sees a market correction resulting from Iran war fallout. Where to hide
A variety of risks in an equity market near all-time highs make it difficult to decide where to go.
Tim Scott hopes Fed Chair Powell investigation ‘goes away’ to clear Kevin Warsh confirmation
President Donald Trump nominated Kevin Warsh to succeed Jerome Powell as Fed chair, but the process has been blocked amid a federal investigation into Powell.
Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals
Meta’s latest generations of its MTIA series of in-house chips for artificial intelligence will help support the company’s massive data center expansion plans.
Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA
A multiyear partnership will put Zoox robotaxis on the Uber app for riders in Las Vegas this summer, extending to Los Angeles in 2027.
Weekly mortgage demand from homebuyers increased despite big interest rate volatility
Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back.
Who is Markwayne Mullin? Trump ally will bring conservative immigration policies to DHS
Republicans are optimistic about Markwayne Mullin taking over the reins at DHS, while Democrats warn his tenure will be more of the same after Kristi Noem.
Epstein files: Senators seek probe of DOJ over release, redaction of sex offender’s documents
The Department of Justice has come under fire for its handling of documents related to disgraced sex offender Jeffrey Epstein.
Oracle stock jumps 10% on earnings beat and increased guidance as cloud revenue climbs 44%
Oracle boosted its revenue backlog total by $30 billion during the February quarter.
Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Mississippi regulators authorized xAI to build a power plant with 41 natural gas-burning turbines in Southaven to power its nearby data centers.
Iran war: Israel’s president Herzog calls ‘cost’ for business the price for Middle East peace
Israeli President Isaac Herzog said the war against Iran is enabling people there “to rise up” against its repressive ruling regime.
HSBC moves to ‘max’ overweight stocks, saying peak fear about Iran oil spike has passed
The firm’s Max Kettner is confident the recent bout of selling since the start of the U.S.-Iran war will prove to be the same as in the early days of the Covid-19 pandemic.
HSBC moves to ‘max’ overweight stocks, saying peak fear about Iran oil spike has passed
The firm’s Max Kettner is confident the recent bout of selling since the start of the U.S.-Iran war will prove to be the same as in the early days of the Covid-19 pandemic.
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