Author: franperez66q@protonmail.com
The best way to play defense in this rocky market is to focus on companies that have a track record of buying back their stocks, according to Wolfe Research. Equities are slightly off their latest highs, but the ride has been anything but smooth. The S & P 500 and Nasdaq Composite both fell on Monday , while the Dow Jones Industrial Average inched higher. At the same time, investors have been closely watching inflation, with the May consumer price index rising 4.2% over the prior 12 months. The latest inflation reading, the personal consumption expenditures price index, is set…
US opens probe into fatal Tesla crash into Texas home Source link
A Tesla Model 3 is shown driving on the highway with FSD 14.2.2.3 self-driving supervised software in Irvine, California, U.S., Jan. 28, 2026. Mike Blake | ReutersThe National Highway Traffic Safety Administration said on Monday that it has opened a special crash investigation into a Tesla incident where a Model 3 slammed into a home in Katy, Texas, killing 76-year-old Martha Avila.Harris County authorities said that the driver, Michael Butler, was cooperating with their investigation on the scene and said that he had been using Tesla’s partially automated driving systems when his vehicle barreled out of its lane and into…
U.S. President Donald Trump speaks on the day he signs an executive order regarding Quantum Computing, in the Oval Office at the White House in Washington, D.C., U.S., June 22, 2026. Jonathan Ernst | ReutersPresident Donald Trump on Monday hedged when asked if he could guarantee that Iran would not use profits from oil sales to rebuild its military in the wake of the war with the U.S. and Israel.Trump said the money was expected to be used to buy American agricultural products.However, an Iranian central banker said the country is under no obligation to buy agricultural products from the…
Wall Street firms are adjusting their views on gold downward after the unexpectedly hawkish tone of the new Federal Reserve Chairman Kevin Warsh. “After the meeting, there is a much higher risk that the Fed will hike this year,” Bank of America commodity strategists led by Michael Widmer wrote Friday, referring to the Fed policy meeting last week. “This will in all likelihood make it harder for gold to push meaningfully higher near-term.” Bank of America’s previous $6,000 target for an ounce of gold looks unlikely now, because the inflation backdrop remains “uncomfortable,” likely driving tighter monetary policy, Widmer said. Weaker…
Gloo Holdings stock falls after filing share offering Source link
Polymarket is seeking the CFTC’s permission to bring its main exchange back to the US, but also offers a more limited, US-regulated version of its trading service through a mobile app. Polymarket launched the app last year after acquiring QCX, a firm that is licensed by the CFTC and now operates under the name Polymarket US. The Journal said it reviewed 1,105 videos made by 10 creators and identified fake bets totaling $1.9 million. While most of the videos were of fake bets being placed, there were 118 videos of “creators reacting to outdated footage or fake headlines suggesting they’d…
If no leadership contest presents itself, Andy Burnham may not have to wait until September to enter Number 10. Source link
Amazon ‘s four-day Prime Day event this week could reveal something more important for the e-commerce giant than just a big sales number. Wall Street will be watching to see if Amazon can further cement itself as consumers’ to-go destination for everyday essentials at a time when inflation-weary shoppers are focused on value. Prime Day kicks off at 12:01 a.m. PT on Tuesday (or 3:01 a.m. ET) and runs through June 26 at 11:59 p.m. PT on Friday (or 2:59 a.m. ET on Saturday). In addition to tons of deals across more than 35 categories, Amazon is putting an extra…
Moody’s affirms Shift4 rating, downgrades unsecured notes Source link