A New Product Allows 5x Leveraged Bets on the Magnificent Seven Traders Should Be Wary
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Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Worried about the volatility in Magnificent Seven stocks? Take a look at the companies’ short-dated bonds.
As their stocks sell off, Magnificent Seven companies’ two-year bonds are looking attractive.MarketWatch - Business -
Salesforce Unveils New Feature to Boost Sales Productivity
Salesforce's new Slack community, Salesblazer, is up and running.Inc. - Business -
New Jersey Bankruptcy Judge Allows Diocese Sex-Abuse Plan to Advance
The Camden Diocese’s insurers had opposed the bankruptcy plan for sex-abuse claims.The Wall Street Journal - World -
Agent's Take: Should Patriots trade No. 3 pick? Potential deals New England should consider in 2024 NFL Draft
If these teams come calling, the Patriots should be listeningCBS Sports - Sports - NFL -
New deep-water channel allows first ship to pass Key bridge wreckage in Baltimore
The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks ago.NBC News - Top stories -
Taylor Swift’s new song resonates with working women — ‘I cry a lot but I am so productive, it's an art’
A lyric from Taylor Swift's "I Can Do It With a Broken Heart," on her new "Tortured Poets Department" album, is resonating with many working women on TikTok.CNBC - Business -
Third witness puts Trump's financial web in spotlight
A banker's testimony allows the court to take a deep dive into the $130,000 payment made to Stormy Daniels.BBC News - Top stories - Donald Trump -
These Women Faced the Glass Cliff--and Leveraged Their Experience to Become Successful Entrepreneurs
Women are often placed in precarious leadership roles. But for some, the experience can be a turning point.Inc. - Business -
Is your financial adviser on your side? There are new rules for managing retirement savings — why investors should care.
There may now be a distinction between fiduciary responsibilities and your “best interest.”MarketWatch - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Comex Gold Settles Higher, Silver Falls
Gold settled up 0.2% Friday, while silver fell 0.4%. For the week, both metals posted a loss.The Wall Street Journal - World -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
NFL to allow Guardian Caps during regular season
The NFL will allow players the option of using Guardian Caps in regular-season games to help protect against head injuries, the league confirmed Friday.ESPN - Sports - NFL -
Sheffield relegated, on track to allow most goals
Sheffield United have been relegated from the Premier League with three games remaining following their defeat to Newcastle at St. James' Park on Saturday.ESPN - Sports -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Seven-round Pats mock draft: Athletic freaks bring offensive facelift
The picks are in! Phil Perry shares his final prediction for all eight New England selections in his seven-round, Patriots-specific 2024 NFL Mock Draft.Yahoo Sports - Sports -
Arizona House Votes to Repeal Abortion Ban
The state Senate will vote on the measure next week, and several Republicans have signaled they would join Democrats to support it, giving it a good chance of passage. Democratic Gov. Katie Hobbs has said she would sign a repeal.The Wall Street Journal - World - Abortion -
Tennessee lawmakers join movement allowing some teachers to take guns into schools
Some public school teachers could gain new powers to bring concealed guns into Tennessee schoolsABC News - Health -
West Virginia says it will appeal ruling that allowed transgender teen athlete to compete
West Virginia Attorney General Patrick Morrisey says the state will ask the U.S. Supreme Court to weigh in on an appeals court ruling that allowed a transgender athlete to compete on her middle school teamsABC News - Sports -
Tennessee governor to sign bill allowing teachers to carry guns in school
Republican Gov. Bill Lee says he will sign a bill allowing teachers to carry concealed handguns in school, and that he believes it will keep children safer.NBC News - Politics -
Tennessee governor signs bill allowing teachers to carry guns
Gov. Bill Lee (R-Tenn.) signs a bill allowing teachers to carry firearms in schools. Blaise Gainey, political reporter for Nashville’s NPR member station, joins Meet the Press NOW.NBC News - Politics -
Tennessee lawmakers join movement allowing some teachers to take guns into schools
Some public school teachers could gain new powers to bring concealed guns into Tennessee schoolsABC News - Health -
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government supportABC News - Tech - Joe Biden -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - World -
All 7 Harry Potter Novels Are Getting Full-Cast Audio Productions
In 1999, the first Harry Potter audiobooks were officially released, with Jim Dale on the American edition and Stephen Fry on the United Kingdom's version. However, the next iteration of all seven Harry Potter audiobooks are going to be completely ...GameSpot - Tech -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - Business -
Mexico's chief detective apologizes for saying his country is the 'champion' of fentanyl production
The head of Mexico’s detective service has apologized for saying his country is “the champion” of fentanyl and meth productionABC News - World -
USDA tells producers to reduce salmonella in certain frozen chicken products
U.S. poultry producers will have to reduce salmonella bacteria in certain chicken products to very low levels to prevent food poisoningABC News - Health -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft