Stock Turns Higher
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Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
The View Within Israel Turns Bleak
Attitudes toward the “Palestinian problem” range from detached fatigue to the belief that driving Palestinians into submission is God’s work.The New York Times - Top stories - Israel -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
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Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
Jewelers Turning to Artificial Intelligence for Online Advertising
Jewelers are increasingly exploring the technology’s potential to create new worlds in online campaigns.The New York Times - Business -
In California, otters are turning to tools to eat prey in Monterey Bay
West Coast sea otters are turning to tool use to exploit richer prey and get a leg up on the competition, a new study has found. In Monterey Bay, an incredible rebound in sea otter populations has made their favorite prey scarce — and pushed them ...The Hill - Politics - California -
Google's Latest Easter Egg Turns The Search Engine Into Minecraft
Mojang, the studio behind Minecraft, has teamed up with Google for the game's 15th anniversary on May 17. The collaboration adds an Easter egg to the Google search engine, allowing users to start mining like they would in the game.To get the ...GameSpot - Tech - Google -
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How Aaron Judge turned his season around in just two weeks as Yankees slugger finally heats up
Judge got a slow start to 2024 but he look like his old self these daysCBS Sports - Sports - MLB -
How Google’s AI Overviews Work, and How to Turn Them Off (You Can’t)
Google’s new Gemini-powered search experience is rolling out to users in the US. Here’s some advice on how to navigate it. And if you want to turn AI Overviews off, too bad.Wired - Tech - Google -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business