Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
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Romney says he laughs at term 'America first'
Sen. Mitt Romney (R-Utah) said that he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The ...The Hill - Politics -
Gold, silver and platinum's red-hot rally still has further to go, strategists say
Gold, silver and platinum prices have been on a tear so far this year. Strategists say it's not over yet.CNBC - Business -
AMD supplants Nvidia as this analyst’s top chip stock — but he still likes both
AMD’s stock advances as Wolfe Research writes positively of the company’s AI traction.MarketWatch - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
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Nvidia is seeing ‘insatiable’ demand, but these are the key questions
Investors are focused on the Blackwell ramp, prospect of an “air pocket” and margin trends.MarketWatch - Business -
The 84-Year-Old Man Who Saved Nvidia
It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.The Wall Street Journal - World -
The 84-Year-Old Man Who Saved Nvidia
It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.The Wall Street Journal - Business -
Eye on America: Protecting and preserving the environment
In California, we learn how the site of past environmental disasters could be a key to America’s clean energy future. Then in Florida, we explore restoration efforts to reverse years of devastation in the Everglades. Watch these stories and more ...CBS News - Top stories -
Scottie Scheffler shakes off arrest with 66, discusses chaotic morning before Round 2 of PGA Championship 2024
Scheffler finds himself contending for the Wanamaker Trophy following a dramatic start to his dayCBS Sports - Sports -
AP Week in Pictures: Latin America and Caribbean
May 10-16, 2024 As young Haitians are increasingly exposed to violence, the country is undergoing a wider push to dispel a long-standing taboo on mental health services teaching parents how to put a smile on their children’s faces. Family and ...ABC News - World -
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.CNBC - Business -
Walmart chia seeds sold nationwide recalled due to salmonella
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.CBS News - Top stories -
Will fashion’s flamboyant powerhouse Isabella Blow finally get her dues?
Beneath the famous hats was a prime mover in a British golden age, as a biopic is about to show. The legendary fashion editor Isabella Blow is remembered by her hats. A jewel-encrusted lobster which snaked back from her brow like a crustacean ...The Guardian - World -
Teen who ate spicy tortilla chip died of high chile consumption and had a heart defect, autopsy says
An autopsy of a Massachusetts teen who died after participating in a spicy tortilla chip challenge says his death was caused by eating a large quantity of chile pepper extractABC News - Health -
Experts say coral reef bleaching near record level globally because of 'crazy' ocean heat
Scientists say temperatures that have gone “crazy haywire” hot, especially in the Atlantic, are close to making the current global coral bleaching event the worst in historyABC News - Tech -
Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager
Ariel Investments’ vice chairman Charlie Bobrinskoy tells CNBC that as the Dow nears 40,000, there are bargains to be found in the value space.MarketWatch - Business -
Everyday citizens have abandoned Biden. When will America’s elites?
If the people continue to not support Biden, a time will come when the elites can no longer either.The Hill - Politics -
Ethnic strife is tearing Ethiopia apart, but America can help end it
Ethiopia is a nation in crisis.The Hill - Politics -
Red and Blue America Can't Just Go Their Separate Ways
Every state is basically purple, so we have to figure out how to avoid letting politics define us as Americans, writes Bill Maher.The Wall Street Journal - World -
Do you live in one of America's 15 fastest-growing cities?
With just a couple of exceptions, the fastest growing cities in America are located in the South, according to new data from the U.S. Census Bureau.The Hill - Politics -
Radical change looms for Japanese legal sector
Advisers are braced for more domestic businesses to become targets for unsolicited takeoversFinancial Times - World - Japan -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
There will be less economic data in the week ahead, but we will get earnings from three portfolio names, including one of our two "own, don't trade" stocks.CNBC - Business -
NFL schedule release 2024: Steelers, Bills with toughest roads to playoffs due to difficult season slate
The Steelers and Bills won't have an easy road to the postseasonCBS Sports - Sports - NFL -
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Flash floods due to unusually heavy seasonal rains kill at least 68 people in Afghanistan
ISLAMABAD — Flash floods from heavy seasonal rains have killed at least 68 people in Afghanistan, Taliban officials said Saturday, adding the death toll was based on preliminary reports.NBC News - Top stories -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
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China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
The best and the worst sectors in the stock market in this recording-setting week
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Defending champion Rose Zhang withdraws during Round 1 of Mizuho Americas Open
Zhang had completed three holes before she made the decision to withdraw.Yahoo Sports - Sports