Us Stock Futures Rose in Thin Holiday Trading after Progress Was Made in Negotiations to Raise the Debt Ceiling Global Stock Indexes Were Mixed
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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 -
Our adviser put 50% of our holdings in individual stocks, but now we fear a big tax hit by switching to index funds
Changing investment strategies midstream can lead to significant capital gains when you sell.MarketWatch - 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 -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
China’s factory output jumps as Beijing bets on industry to drive recovery
Retail sales growth lags forecasts as policymakers struggle to convince consumers to spendFinancial Times - World - China -
US stocks close lower to end multi-day rally
Financial Times - World -
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 -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Rose Zhang withdraws from this week's LPGA tournament because of illness after playing three holes
Defending champion Rose Zhang withdrew from the Mizuho Americas Open because of illness after completing only three holes of the opening roundABC News - Sports -
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 -
How the world could have looked: the most spectacular buildings that were never made
A mega egg in Paris, a hovering hotel in Machu Picchu, an hourglass tower in New York, a pleasure island in Baghdad … we reveal the architectural visions that were just too costly – or too weird. Did you know that, if things had gone differently, ...The Guardian - World -
FirstFT: China trade experts urge Xi Jinping to respond with caution to US tariffs
Also in today’s newsletter, Shein switches focus to London IPO, and China’s biggest banks launch first sales of special loss-absorbing debtFinancial Times - World - China -
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