Author: franperez66q@protonmail.com
Asia’s bond markets shake off war angst with record local issuance Source link
U.S. President Donald Trump speaks to reporters as he departs the White House on May 1, 2026 in Washington, DC. Anna Moneymaker | Getty ImagesPresident Donald Trump said Sunday that the U.S. will attempt to “free” stranded cargo ships that have been trapped by the Strait of Hormuz closure since the war with Iran began. The effort, which Trump in a Truth Social post dubbed “Project Freedom,” is set to begin on Monday. The president said the effort is focused solely on getting civilian ships that are flagged in countries not affiliated with the conflict out of the contested waterway…
Sir Keir said the UK is “ready to do the necessary work” with allies on Monday to give Ukraine the “support you need, the pressure you need to continue to put on Russia to make sure that we get a just and lasting peace, but one that is right for Ukraine”. Source link
The first quarter earnings season continues in earnest next week, with 121 companies in the S & P 500 , or approximately a quarter of the index, on the docket to share their latest results. The two stocks that are also in the Dow Jones Industrial Average — Walt Disney and McDonald’s — will be the week’s headliners, highlighting a big showing from media companies, restaurant chains and gig economy platforms. The corporate reporting period has been strong so far. Of the 63% of S & P 500 members that have so far issued results, 84% have topped analysts’ earnings…
Spirit nearly done processing customer refunds after shutdown Source link
More than $1 billion is poised to flow into the underperforming Hang Seng Tech Index, thanks to the upcoming inclusion of two Chinese artificial intelligence companies, according to Morgan Stanley. Hong Kong’s technology stock index has tumbled more than 11% so far this year, despite excitement over Chinese AI. Only seven of the index’s constituents have risen in 2026, led by Hua Hong Semiconductor, Lenovo, JD, Midea and several electric car stocks. Meanwhile, generative AI model companies Knowledge Atlas Technology , which runs Zhipu AI, and MiniMax , have both skyrocketed since they went public in Hong Kong in January.…
I am growing tired of the endless bubble talk about all of the data center spending. It’s obvious from this quarter that the bubble talk has been proven wrong; try getting someone to say that, though. So, who do I think I am to go there? Just an observer. One who believes that this was the quarter where we realized that if you didn’t spend, you were already behind the 8-ball. This quarter, so far, we have seen the results of five large companies that are often discussed as creating the bubble: Club names Alphabet (parent company of Google), Amazon…
A growing number of car buyers are opting for cheaper, more basic vehicles, a sign that average new vehicle prices near $50,000 are pushing drivers to rethink what they actually need.Many buyers “just want something to get them from A to B, and they don’t want to pay a lot of money,” says Amelia Dalgaard, founder of Motorhead Mama, an automotive advice site.Instead of bigger SUVs or higher trims — versions of a model with more features and elevated prices — many shoppers are sticking with simpler options like compact sedans, entry-level pickups or the most basic version on the…
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCOMAHA, Nebraska — In his debut running Berkshire Hathaway’s annual meeting, Greg Abel delivered what many shareholders came to see: a steady hand, a firm grasp of the sprawling conglomerate and just enough of his own style to reassure investors the post-Warren Buffett era is on solid footing.The reviews from longtime shareholders and professional investors were broadly positive, even as many acknowledged the notable absence of Buffett, whose wit, storytelling and investing acumen have long defined the event.”Very solid. No misspoke words.…
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 28, 2025. Leah Millis | ReutersU.S. Attorney for the District of Columbia Jeanine Pirro on Sunday appeared to abandon a plan to appeal an adverse ruling in her attempts to criminally investigate Federal Reserve Chair Jerome Powell. Pirro has long said she planned to ask a higher court to review recent rulings by Chief Judge James Boasberg of the District of Columbia quashing her subpoenas to…