Author: Editor-In-Chief

A trader works on the floor of the New York Stock Exchange (NYSE) on April 29, 2026, in New York City, USA, as Federal Reserve Chairman Jerome Powell’s press conference after the Fed’s interest rate announcement is broadcast on a screen. Brendan McDiarmid | ReutersEd Yardeni, president of Yardeni Research, said bond market investors believe the Federal Reserve needs to keep up with inflation as new leadership takes over.Yardeni said Wall Street expects the central bank’s Federal Open Market Committee to abandon its bias toward easing interest rates at next month’s policy meeting. Bond traders are hoping this will lead…

Here, we will introduce stocks that are attracting attention in intraday trading. Chip stocks – Semiconductor company stocks resumed their rise as investors bought back stocks like Micron Technology. The VanEck Semiconductor ETF (SMH) rose more than 1%, and Micron rose about 3%. ON Semiconductor soared 10%, Marvell Technology soared 7% and lastly Nvidia rose 2%. Akamai Technologies – The cybersecurity and cloud computing company saw its stock price rise about 7%. Bank of America upgraded the stock to Buy and raised its price target to $175 from $130. “Story has transitioned from a traditional delivery network to a trusted…

Cisco CEO Chuck Robbins told CNBC on Thursday that the industry is headed for a “networking supercycle” due to surging demand for artificial intelligence tools and equipment.The stock rose 13%, its best day since 2011, after Cisco significantly beat its fiscal year AI infrastructure and hyperscaler guidance orders, raising its forecast to $9 billion from $5 billion. The California-based networking equipment maker also announced it will cut about 5% of its workforce as it shifts its focus to AI focus areas, silicon and optics.”Given how quickly the market moves, we need to reallocate resources quickly,” Robbins told CNBC. “And by…

U.S. Border Patrol Commissioner Mike Banks attends a roundtable discussion with local ranchers and U.S. Customs and Border Protection officials led by Secretary of Homeland Security Kristi Noem on January 7, 2026 in Brownsville, Texas. Michael Gonzalez | Getty ImagesU.S. Border Patrol Chief Mike Banks resigned on Thursday. “I would like to thank U.S. Border Patrol Commissioner Michael Banks for his decades of service to this country and congratulate him on his second retirement as he returns to duty during one of the most challenging times for border security,” U.S. Customs and Border Protection Commissioner Rodney Scott said in a…

US President Donald Trump’s administration has pledged $1.8 billion in additional humanitarian funding to the United Nations.But the amounts announced Thursday fall far short of past commitments for U.S. humanitarian aid, which totaled $17 billion in fiscal year 2022.Recommended stories list of 3 itemsend of listStill, the Trump administration tried to use that small amount as evidence that it was pushing to make the government more efficient.U.S. Ambassador to the United Nations Mike Walz said Trump’s goal “brings transparency to how American tax dollars are used for humanitarian relief.”“Let me be clear: President Trump has made it clear from his…

Ian Crosbie’s previous startup, Bench Accounting, which famously closed in 2024 before being acquired for scrap, is taking on a new challenge: building a business by automating the arduous task of bookkeeping. His new startup, Synthetic, aims to build a fully autonomous AI bookkeeper that can generate accrual-based financials without direct human involvement. Although the product is still in the design stage, and Crosby acknowledges that his vision may not be technically feasible yet, the startup has raised $10 million in a seed funding round led by Khosla Ventures with participation from Basis Set Ventures and Shopify CEO Tobias Lütke.…

U.S. President Donald Trump speaks with members of the media on the South Lawn of the White House before boarding Marine One on Tuesday, May 12, 2026 in Washington, DC, USA. Bonnie Cash | Bloomberg | Getty ImagesPrediction market traders predict that President Donald Trump will make several important announcements when he meets with Chinese President Xi Jinping in Beijing. Karshi traders believe there is an 86% chance that Karshi will announce that China will buy aircraft from domestic manufacturers. boeing. That view was shared by Wall Street, with Boeing shares rising nearly 2% ahead of Wednesday’s meeting. “President Trump…

Tech billionaire and Tesla founder Elon Musk walks through the Great Hall of the People with his son X Æ A-XII.Picture Alliance | Picture Alliance | Getty ImagesElon Musk’s lead attorney, Stephen Moro, apologized to jurors Thursday for his absence. tesla The CEO accompanied President Donald Trump in China during closing arguments in the Musk-Altman trial.”This is something he is passionate about,” Moro assured jurors of Musk’s focus on the trial.The federal case stems from a lawsuit Musk filed against OpenAI co-founders Sam Altman and Greg Brockman, alleging that they violated their promise to keep the company nonprofit and restructured…

An exterior view of BYD’s electric vehicle showroom operated by Schiller Auto on Monday, May 27, 2024 in Budapest, Hungary. Chinese EV giant BYD plans to open its first European car factory in Hungary. Photographer: Akos Stiller/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAs President Donald Trump meets with Chinese President Xi Jinping this week, lawmakers from both parties are warning the White House against using the U.S. auto market as a bargaining chip in any deal with China.The warning stems in part from President Trump’s suggestion in January that he might welcome Chinese automakers to use American workers…

Jerome Powell’s term as Federal Reserve Chairman ends on Friday after months of tension between the White House and the central bank as President Donald Trump pushes for more aggressive interest rate cuts.Powell’s term ends on May 15, and he will be replaced by Kevin Warsh, a Trump appointee. He served as a member of the Central Bank’s Board of Directors from 2006 to 2011. Mr. Powell will remain on the board even after stepping down as chairman.Recommended stories list of 4 itemsend of listPowell, who was first appointed by President Trump in 2018, said he would stay on to…