Betsy Duke, former Fed governor and former Wells Fargo chair, says any nomination to succeed Jay Powell would be complicated, adding it is hard to see Powell leaving the Fed board and allowing his seat to be filled by someone he may not have confidence in. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Betsy Duke, former Fed governor and former Wells Fargo chair, says any nomination to succeed Jay Powell would be complicated, adding it is hard to see Powell leaving the Fed board and allowing his seat to be filled by someone he may not have confidence in. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
CoreWeave (NASDAQ:CRWV) , a cloud-based GPU infrastructure provider for AI workloads, closed Monday's session at $89.93, up 12.22%. CoreWeave IPO'd in 2025 and has grown 125% since going public. Trading volume reached 42.1 million shares, coming in about 49% above its three-month average of 28.2 million shares. During Monday's regular session, investors responded to CoreWeave's CEO commentary, new...
CoreWeave (NASDAQ:CRWV) , a cloud-based GPU infrastructure provider for AI workloads, closed Monday's session at $89.93, up 12.22%. CoreWeave IPO'd in 2025 and has grown 125% since going public. Trading volume reached 42.1 million shares, coming in about 49% above its three-month average of 28.2 million shares. During Monday's regular session, investors responded to CoreWeave's CEO commentary, new analyst coverage, and fresh AI infrastructure headlines, while watching how sustained GPU demand shapes future guidance. The S&P 500 (SNPINDEX:^GSPC) added 0.15% to close at 6,977, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.26% to finish at 23,734. Within cloud infrastructure services, industry peers Cloudflare (NYSE:NET) and DigitalOcean (NYSE:DOCN) gained 1.96% and 3.97%, respectively, as investors tracked AI-related network demand and evolving cloud pricing power. CoreWeave CEO Michael Intrator made headlines after he and another executive spoke on a podcast addressing concerns over the useful life span of graphics processing units (GPUs) the company has accumulated. Continue reading
Hospital trusts in Surrey and Kent say situation has been worsened by rise in flu and norovirus cases Four NHS hospital trusts in England have declared critical incidents after a “surge” in A&E admissions driven in large part by patients with flu, norovirus and respiratory viruses. Three trusts in Surrey and one in Kent sounded the alarm after a “surge in complex attendances to A&E departments”. C...
Hospital trusts in Surrey and Kent say situation has been worsened by rise in flu and norovirus cases Four NHS hospital trusts in England have declared critical incidents after a “surge” in A&E admissions driven in large part by patients with flu, norovirus and respiratory viruses. Three trusts in Surrey and one in Kent sounded the alarm after a “surge in complex attendances to A&E departments”. Continue reading...
Argentina secured financing from an unnamed multilateral institution to repay $2.5 billion to the US Treasury from a currency swap agreement, according to an official from the nation’s central bank. The financing was not announced publicly by either the central bank or the multilateral lender, according to the official, who declined to specify the lender but did say it wasn’t the International Mon...
Argentina secured financing from an unnamed multilateral institution to repay $2.5 billion to the US Treasury from a currency swap agreement, according to an official from the nation’s central bank. The financing was not announced publicly by either the central bank or the multilateral lender, according to the official, who declined to specify the lender but did say it wasn’t the International Monetary Fund (IMF). Argentina currently has a $20 billion IMF loan program. Last Friday, Argentina fully repaid the $2.5 billion it obtained from a $20 billion swap line with the Trump administration while also making key payments to bondholders for another $4.3 billion. The government made the bond payments last week using its own reserves combined with a $3 billion loan known as a repurchase agreement from six international banks. “Our nation has been fully repaid while making tens of millions in USD profit for the American taxpayer,” US Treasury Secretary Scott Bessent wrote in a Friday post on X. He added that Argentina has successfully tapped financial markets while also making “encouraging changes to its monetary and exchange rate policy framework.” Bessent offered the extraordinary US support as Argentina’s peso suffered extreme volatility ahead of a crunch midterm vote in October. Traders were betting that President Javier Milei would lose to his leftist opponents, but Milei’s libertarian party prevailed, and the market outlook has since swung back in his favor. The US Treasury and Argentine officials have provided little information about the swap line or its conditions.
Infrastructure company Primoris Services is IBD's Stock Of The Day after it jumped 3.3% on Monday, setting up an early buy point. The post IBD Stock Of The Day Primoris: Early Buy Point For The Data Center Builder appeared first on Investor's Business Daily .
Infrastructure company Primoris Services is IBD's Stock Of The Day after it jumped 3.3% on Monday, setting up an early buy point. The post IBD Stock Of The Day Primoris: Early Buy Point For The Data Center Builder appeared first on Investor's Business Daily .
The ICE Elephant: Why The Law Requires All The Facts Authored by Jonathan Turley, In a famous Indian parable, five blind men are brought to an elephant. Each feels a different part of the animal, and they come to radically different views of what an elephant is. It depended on which parts they touched, from tusk to tail. The controversy over the shooting of Renee Nicole Good, 37, is a type of poli...
The ICE Elephant: Why The Law Requires All The Facts Authored by Jonathan Turley, In a famous Indian parable, five blind men are brought to an elephant. Each feels a different part of the animal, and they come to radically different views of what an elephant is. It depended on which parts they touched, from tusk to tail. The controversy over the shooting of Renee Nicole Good, 37, is a type of political elephant parable. People focus on only certain parts of the story to support what they want the case to mean. Critics and supporters of the responsible officer have slowed down videotapes that last, in critical part, for only a few seconds. The only difference is that, in this modern parable, many are just willfully blind, choosing not to see beyond their own rage. This week, Minneapolis Mayor Jacob Frey (D) became the personification of rage, spewing profanities about ICE while declaring, shortly after the shooting, that the ICE officer was a murderer. After immediately declaring the officer’s guilt, Frey spent day two lambasting the federal government for rushing to conclusions and demanding that his people play a role in the investigation. As for his unhinged, profane diatribe, Frey mocked critics if he “offended their Disney princess ears.” Frey fulfilled the parable most clearly in his use of statistics. He declared that fifty percent of shootings in the city this year were committed by ICE. He then later admitted that, since it was only Jan. 9, there had been only two shootings. Indeed, he could have argued that ICE was responsible for 100 percent of the shootings in the city on Jan. 7. Again, the trick is to examine the smallest part of the animal and extrapolate to draw sweeping conclusions. The recently released videotape from the responsible officer also shows how people will focus on insular elements rather than the “totality of the circumstances,” the standard for such cases established by the Supreme Court. For example, many supporters of the officer are ...
A company called GRU Space publicly announced its intent to construct a series of increasingly sophisticated habitats on the Moon, culminating in a hotel inspired by the Palace of the Fine Arts in San Francisco. On Monday, the company invited those interested in a berth to plunk down a deposit between $250,000 and $1 million, qualifying them for a spot on one of its early lunar surface missions in...
A company called GRU Space publicly announced its intent to construct a series of increasingly sophisticated habitats on the Moon, culminating in a hotel inspired by the Palace of the Fine Arts in San Francisco. On Monday, the company invited those interested in a berth to plunk down a deposit between $250,000 and $1 million, qualifying them for a spot on one of its early lunar surface missions in as little as six years from now. It sounds crazy, doesn't it? After all, GRU Space had, as of late December when I spoke to founder Skyler Chan, a single full-time employee aside from himself. And Chan, in fact, only recently graduated from the University of California, Berkeley. Read full article Comments
A trader works on the floor of the New York Stock Exchange (NYSE) in New York on January 12, 2026. Angela Weiss | Afp | Getty Images Stock futures were near flat Monday night as investors awaited the release of consumer inflation data and key bank earnings results. Futures tied to the Dow Jones Industrial Average lost 61 points, or 0.1%. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures also ...
A trader works on the floor of the New York Stock Exchange (NYSE) in New York on January 12, 2026. Angela Weiss | Afp | Getty Images Stock futures were near flat Monday night as investors awaited the release of consumer inflation data and key bank earnings results. Futures tied to the Dow Jones Industrial Average lost 61 points, or 0.1%. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures also declined 0.1%. The consumer price index report due Tuesday is expected to give a fuller picture of prices after disruptions caused by the prolonged U.S. government shutdown last fall. Economists expect the report to show prices rose 2.7% in the twelve months ending in December, according to Dow Jones consensus estimates. That would be in line with the lower-than-expected November CPI results . Eyes are on the CPI after the December jobs report reflected a slightly weakening, yet stable, labor market that likely encouraged the Federal Reserve to hold off on interest rate cuts. Fed funds futures are pricing in two quarter point cuts this year, starting in June, according to the CME FedWatch tool . "Investors will likely be watching closely to see whether the recent disinflationary momentum can be sustained now that the BLS has resumed normal operations," said Angelo Kourkafas, senior global strategist at Edward Jones. "In recent months, goods prices have risen from relatively low levels, likely reflecting tariff‑related cost pass. By contrast, services inflation has shown encouraging signs of gradual moderation. We expect cooling labor‑market conditions to contribute to further easing in services inflation over the course of 2026." Investors are also watching for JPMorgan's fourth-quarter earnings results set to release before market open Tuesday. The bank will kick off a slew of quarterly reports expected from major financial institutions, such as Bank of America , Citigroup and Morgan Stanley , in the coming days. Hank Smith, head of investment strategy at Haverford Trust, ...
(RTTNews) - The South Korea stock market has moved higher in seven straight sessions, accelerating more than 400 points or 9.1 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 4,620-point plateau and it's tipped to at least open to the upsid
(RTTNews) - The South Korea stock market has moved higher in seven straight sessions, accelerating more than 400 points or 9.1 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 4,620-point plateau and it's tipped to at least open to the upsid