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An Iran deal could actually trigger a painful stock-market selloff, despite Wall Street’s optimism
Across Wall Street, investors are assuming that a credible and lasting deal between the U.S. and Iran would be an unmitigated positive for stocks and other risky assets. Article Attribution | Read More at Article Source
Okta shares rise on earnings beat and AI-agent opportunity
Okta’s first-qarter earnings cleared Wall Street’s expectations, and the company believes a massive market for AI-agent identity management is brewing on the horizon. Article Attribution | Read More at Article Source
Dell stock soars toward another record high as the AI boom drives a big earnings beat
The company’s AI-server revenue was up 757% in the first quarter, while profit beat expectations by the widest margin in at least five years. Article Attribution | Read More at Article Source
Lilly’s GLP-1 medications will soon be covered by CVS, potentially opening access for millions of Americans
That means millions more Americans may get access to Lilly’s new GLP-1 pill Foundayo or the GLP-1 injection Zepbound. Article Attribution | Read More at Article Source
Even the Ronald Reagan Institute doesn’t believe the ‘waste, fraud and abuse’ baloney
This may be the single most important issue facing U.S. democracy today. Article Attribution | Read More at Article Source
SpaceX’s major AI compute deal with Anthropic could end a lot sooner than expected
SpaceX CEO Elon Musk said his firm requested a “short term” deal with Anthropic, despite touting plans that it could last for years. Article Attribution | Read More at Article Source
Here’s how to find out if you’re one of millions of Americans who can claim this IRS refund
Time’s running out to file for a pandemic-era refund that could get you thousands of dollars back Article Attribution | Read More at Article Source
Why it’s time to start discussing semiconductors like commodities: There may be a supercycle
Ned Davis Research says the bubble argument for chips has some grounding, but that sector may also be looking at the start of a new supercycle. Article Attribution | Read More at Article Source
Consumer spending looks strong, but higher inflation is a big reason why
Americans get less bang for their bucks Article Attribution | Read More at Article Source
U.S. oil prices rise back above $90 a barrel after fresh round of U.S.-Iran strikes, pushing peace deal into doubt
United States-Iran strikes are testing a fragile cease-fire, casting doubt on a peace deal and reopening the Strait of Hormuz. Article Attribution | Read More at Article Source
Inflation escalates to 3-year high. And it might get worse before it gets better.
The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and the broader U.S. economy. Article Attribution | Read More at Article Source
Snowflake’s stock blasts off, fueled by AI acceleration and deeper Amazon partnership
Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS. Article Attribution | Read More at Article Source