Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | AFP | Getty Images If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and harder to find. Friday's jobs report for April provided the latest evidence th...
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | AFP | Getty Images If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and harder to find. Friday's jobs report for April provided the latest evidence that the central bank's larger concern isn't a flagging labor market but rather a cost of living that is getting increasingly harder for ordinary Americans to bear. The nonfarm payrolls increase of 115,000 last month is hardly gangbusters, but is another sign that the jobs picture has stabilized at least enough to reduce the pressure for rate cuts. By comparison, there is scant evidence to say the same for inflation, likely pushing the rate-setting Federal Open Market Committee into a more hawkish posture where officials are comfortable staying where they are for a prolonged period. "The Fed will shift its focus to containing upside inflation risks now that the labor market appears back on track," said Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management. "The FOMC could well feel compelled to remove the easing bias from its next post-meeting statement in June, which would suggest the hawks are gaining the upper hand on the committee for the time being." In Fed terms, that means that a swell of cautious sentiment from multiple regional presidents could take further hold. At last week's FOMC meeting , three of those presidents voted against the post-meeting statement. The group did not object to the committee's decision to hold rates steady but rather to "forward guidance" language widely interpreted as signaling the next move would more likely be a cut. Facing inflation "I have never been that big of a fan of trying to use words to jawbone policy decisions," Austan Goolsbee, president of the Chicago Fed, said Friday in a CNBC interview. Moreover...
These are just five of the 29 versions of the Aurora Lux that Dreame claims it will release. | Screenshot: Dreame Where's the Trump phone? We're going to keep talking about it every week . We've reached out, as usual, to ask about the Trump phone's whereabouts. This week, Trump Mobile has been trumped. It's been another long week without the Trump phone, but it's no longer the only nonexistent pho...
These are just five of the 29 versions of the Aurora Lux that Dreame claims it will release. | Screenshot: Dreame Where's the Trump phone? We're going to keep talking about it every week . We've reached out, as usual, to ask about the Trump phone's whereabouts. This week, Trump Mobile has been trumped. It's been another long week without the Trump phone, but it's no longer the only nonexistent phone I have to worry about. Robot vacuum manufacturer Dreame has announced its own set of phones that are unlikely to ever launch, and one of them takes the Trump phone playbook and amps it up to 11. I was alerted to the existence of Dreame's two new phones shortly after I filed last week's report on the T1 Phone's PTCRB certification , though they "launched" las … Read the full story at The Verge.
Chicago Fed President Austan Goolsbee said that the jobs report released Friday morning "shows that we've been stable without being good." "I still don't think there's a lot of evidence that the jobs market is falling apart," he said during an appearance on CNBC with Steve Liesman. Goolsbee clarified that what he doesn't like about the jobs market is the hiring rate, as "we're in a low-hire, low-f...
Chicago Fed President Austan Goolsbee said that the jobs report released Friday morning "shows that we've been stable without being good." "I still don't think there's a lot of evidence that the jobs market is falling apart," he said during an appearance on CNBC with Steve Liesman. Goolsbee clarified that what he doesn't like about the jobs market is the hiring rate, as "we're in a low-hire, low-fire environment." He explained that the hiring rate is at a point that you might see during a recession, while the firing rate is what you might see during a boom. Regarding inflation, he noted that it "hasn't been great, and it's been going the wrong way lately." Goolsbee added that high energy costs, due to the war with Iran and the situation in the Strait of Hormuz, is not the entire reason for inflation, as it was already high before the war's start. But it did exacerbate it. He noted that the economy hasn't achieved the Fed's 2% inflation target for five years. "We gotta just keep a close eye on this because if everybody starts presuming that inflation rates are going back to where they were a few years ago, we'd be in a bit of a pickle as a central bank." Goolsbee said that there is an argument that the US is experiencing one-time inflation shocks, and the Fed is trying to figure that out. He also believes that there will be a big increase in productivity thanks to artificial intelligence. More on the US Economy Nonfarm payroll growth exceeds consensus in April; unemployment rate holds at 4.3% U.S. Jobs On Tap After Court Ruled Against Section 122 Tariffs And Conflict In The Middle East The reality of AI layoffs and the current labor market U.S. job cuts jump 38% in April, while year-to-date total drops 50%: Challenger job cuts report
Keir Starmer has vowed to fight on after Labour suffered substantial losses in local elections, while Nigel Farage’s Reform UK and the Green party saw major gains. So is the era of two-party politics dead? And can the Prime Minister cling on? Lucy Hough speaks to political correspondent Alexandra Topping. Continue reading...
Keir Starmer has vowed to fight on after Labour suffered substantial losses in local elections, while Nigel Farage’s Reform UK and the Green party saw major gains. So is the era of two-party politics dead? And can the Prime Minister cling on? Lucy Hough speaks to political correspondent Alexandra Topping. Continue reading...
Dominion Lending Centres press release ( DLCG:CA ): Q1 Non-GAAP EPS of C$0.06. Revenue grew 7% to $20M. More on Dominion Lending Centres Historical earnings data for Dominion Lending Centres Dividend scorecard for Dominion Lending Centres Financial information for Dominion Lending Centres
Dominion Lending Centres press release ( DLCG:CA ): Q1 Non-GAAP EPS of C$0.06. Revenue grew 7% to $20M. More on Dominion Lending Centres Historical earnings data for Dominion Lending Centres Dividend scorecard for Dominion Lending Centres Financial information for Dominion Lending Centres
Healwell AI Inc. press release ( AIDX:CA ): Q1 revenue of $33.2M (+315.0% Y/Y). AIDX:CA reported an IFRS net loss from continuing operations of $6.8M in Q1-2026, compared to a net loss of $14.1M in Q1-2025. More on Healwell AI Inc. Healwell AI Inc. (AIDX:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Healwell AI Inc. Financial information for Healwell AI Inc.
Healwell AI Inc. press release ( AIDX:CA ): Q1 revenue of $33.2M (+315.0% Y/Y). AIDX:CA reported an IFRS net loss from continuing operations of $6.8M in Q1-2026, compared to a net loss of $14.1M in Q1-2025. More on Healwell AI Inc. Healwell AI Inc. (AIDX:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Healwell AI Inc. Financial information for Healwell AI Inc.
The United States market has experienced a robust performance, climbing 3.2% in the last week and rising by 31% over the past year, with earnings projected to grow by 16% annually in the coming years. In this thriving environment, growth companies with high insider ownership are particularly noteworthy as they often signal strong confidence from those closest to the business, aligning their intere...
The United States market has experienced a robust performance, climbing 3.2% in the last week and rising by 31% over the past year, with earnings projected to grow by 16% annually in the coming years. In this thriving environment, growth companies with high insider ownership are particularly noteworthy as they often signal strong confidence from those closest to the business, aligning their interests with shareholders and potentially enhancing long-term value creation.
Michael Burry attends "The Big Short" New York screening Ziegfeld Theater on Nov. 23, 2015 in New York City. Astrid Stawiarz | Getty Images Michael Burry of "Big Short" fame is warning that the stock market's fixation on artificial intelligence is beginning to resemble the final stages of the dot-com bubble. "Absolutely non-stop AI. Nobody is talking about anything else all day," Burry wrote Frida...
Michael Burry attends "The Big Short" New York screening Ziegfeld Theater on Nov. 23, 2015 in New York City. Astrid Stawiarz | Getty Images Michael Burry of "Big Short" fame is warning that the stock market's fixation on artificial intelligence is beginning to resemble the final stages of the dot-com bubble. "Absolutely non-stop AI. Nobody is talking about anything else all day," Burry wrote Friday in a Substack post after listening to financial television and radio coverage during a long drive. The investor, best known for predicting the U.S. housing crash, said stocks are no longer reacting meaningfully to economic data such as jobs reports or consumer sentiment in a logical way. The S&P 500 rose to a fresh record high Friday as traders focused on a slightly better-than-expected April's jobs report rather than a record low reading in consumer sentiment. "Stocks are not up or down because of jobs or consumer sentiment," Burry wrote. "They are going straight up because they have been going straight up. On a two letter thesis that everyone thinks they understand. ... Feeling like the last months of the 1999-2000 bubble." Burry compared the recent trajectory of the Philadelphia Semiconductor Index (SOX) with the run-up that preceded the collapse of technology stocks in March 2000. The index is up more than 10% this week, pushing its 2026 gains to 65%. Stock Chart Icon Stock chart icon SOX in 2026 The comments come as investors have poured into AI-linked shares over the past two years, helping propel major U.S. equity indexes to repeated record highs. Semiconductor companies and mega-cap technology firms tied to AI infrastructure and software have led the rally, with enthusiasm around generative AI fueling sharp gains in valuations. Paul Tudor Jones has also drawn parallels between today's AI-fueled rally and the period leading up to the dot-com bust, though he believes the bull market may still have further to run. Jones told CNBC's " Squawk Box " this week the curren...
Apple Inc (NASDAQ:AAPL, XETRA:APC) is entering a potential new growth phase driven by artificial intelligence, according to Wedbush analysts, who raised their 12-month price target from $350 to $400 and maintained an ‘Outperform’ rating. This implies upside from current levels of...
Apple Inc (NASDAQ:AAPL, XETRA:APC) is entering a potential new growth phase driven by artificial intelligence, according to Wedbush analysts, who raised their 12-month price target from $350 to $400 and maintained an ‘Outperform’ rating. This implies upside from current levels of...
Earnings Call Insights: Mettler-Toledo International Inc. (MTD) Q1 2026 Management view “We are pleased with our first quarter results, and we delivered good performance in an increasingly uncertain market environment,” said President & CEO Patrick Kaltenbach, adding that “solid execution of our margin initiatives supported very good adjusted EPS growth,” while the company remains “well positioned...
Earnings Call Insights: Mettler-Toledo International Inc. (MTD) Q1 2026 Management view “We are pleased with our first quarter results, and we delivered good performance in an increasingly uncertain market environment,” said President & CEO Patrick Kaltenbach, adding that “solid execution of our margin initiatives supported very good adjusted EPS growth,” while the company remains “well positioned to capitalize on our customers' investments in automation, digitalization and onshoring in the future.” (President & CEO Patrick Kaltenbach) “Sales in the quarter were $947 million,” with “an increase in local currency of 3% or 1% excluding acquisitions,” including “4% growth in China,” while “service revenue grew 7% and 5% excluding acquisitions.” (Chief Financial Officer Shawn Vadala) Margin and tariff commentary framed profitability: “Gross margin was 58.7%... a decrease of 80 basis points,” and management cited “an incremental gross tariff headwind of 90 basis points,” adding, “we estimate the gross impact of incremental tariffs reduced our operating profit by 4%.” (Chief Financial Officer Vadala) Product and end-market callouts emphasized a mixed Lab quarter and continued Product Inspection momentum: Lab saw “strong growth in bioprocessing partially offset by a decline in pipettes due to soft demand from academia and biotech customers,” while “product inspection sales growth was solid as it benefited from innovation and our mid-market strategy.” (President & CEO Kaltenbach) Outlook “For the full year 2026, our local currency sales growth forecast remains at approximately 4%,” and “adjusted EPS is forecast to be in the range of $46.30 to $46.95,” which management said “reflects an increase from our previous guidance of 8% to 9% growth.” (Chief Financial Officer Vadala) For Q2, “we expect local currency sales to grow approximately 3%... and we expect adjusted EPS to be in the range of $10.70 to $10.85.” (Chief Financial Officer Vadala) Guidance framing put tariffs and g...
Maxim Power press release ( MXG:CA ): Q1 GAAP EPS of C$0.00. Revenue of C$15.62M. More on Maxim Power Historical earnings data for Maxim Power Financial information for Maxim Power
Maxim Power press release ( MXG:CA ): Q1 GAAP EPS of C$0.00. Revenue of C$15.62M. More on Maxim Power Historical earnings data for Maxim Power Financial information for Maxim Power
the National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor injury.
the National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor injury.
French prosecutors yesterday opened a criminal investigation into Elon Musk and X, escalating a probe into sexual images of minors and other alleged illegal content on Musk's social network. The action came three months after French law enforcement authorities raided X’s Paris office and summoned Musk for questioning. Prosecutors wanted to interview Musk and former X CEO Linda Yaccarino in April, ...
French prosecutors yesterday opened a criminal investigation into Elon Musk and X, escalating a probe into sexual images of minors and other alleged illegal content on Musk's social network. The action came three months after French law enforcement authorities raided X’s Paris office and summoned Musk for questioning. Prosecutors wanted to interview Musk and former X CEO Linda Yaccarino in April, but they did not appear. The earlier request to interview Musk and Yaccarino was described as voluntary. Authorities are now seeking to compel them to appear for questioning with the threat of criminal charges. In addition to sexual images of minors, the investigation involves Grok's dissemination of Holocaust-denial claims and sexually explicit deepfakes . Read full article Comments