The crowd cheered and shouted "This is the youth of the pope!" as Pope Leo arrived for Mass at a central Madrid plaza. It's the first papal visit to Spain in 15 years. (Image credit: Manu Fernandez)
The crowd cheered and shouted "This is the youth of the pope!" as Pope Leo arrived for Mass at a central Madrid plaza. It's the first papal visit to Spain in 15 years. (Image credit: Manu Fernandez)
May was a pretty good month for investors. I still felt that last month offered good entry points for stocks trading well below their highs. What did I buy? I purchased shares of MercadoLibre (NASDAQ: MELI) , Upbound (NASDAQ: UPBD) , and Dutch Bros (NYSE: BROS) in May. What attracted me to these three stocks? Let's go over the catalysts of each one. No stock is perfect, so let's also look at some ...
May was a pretty good month for investors. I still felt that last month offered good entry points for stocks trading well below their highs. What did I buy? I purchased shares of MercadoLibre (NASDAQ: MELI) , Upbound (NASDAQ: UPBD) , and Dutch Bros (NYSE: BROS) in May. What attracted me to these three stocks? Let's go over the catalysts of each one. No stock is perfect, so let's also look at some risks. Continue reading
Brandon Moser/iStock Editorial via Getty Images Reusable rockets have transformed the space economy. Learn how SpaceX's launch innovation is reshaping costs, markets, and investor opportunity. For decades, space captured the imagination of scientists, governments, and investors. But for much of that time, space was more of a frontier than a functioning commercial market. The ambition was clear. Th...
Brandon Moser/iStock Editorial via Getty Images Reusable rockets have transformed the space economy. Learn how SpaceX's launch innovation is reshaping costs, markets, and investor opportunity. For decades, space captured the imagination of scientists, governments, and investors. But for much of that time, space was more of a frontier than a functioning commercial market. The ambition was clear. The economics were not. That is what makes SpaceX ( SPCX ) so important. The excitement around a potential SpaceX IPO is not about another high-profile company entering the public markets, but the possibility that SpaceX has helped change the cost structure of space itself. By developing reusable rockets, the company has made launches more frequent, more reliable, and potentially more economical. That matters because lower-cost access to orbit is the foundation on which a broader commercial space economy can be built. An easy way to think about it is air travel. "Commercial aviation would never have scaled if every flight required discarding the airplane after one trip." Historically, rockets worked much closer to that disposable model, for example, the shuttle was reusable, but rockets that got it to orbit were not. SpaceX's reusable launch technology changed that equation by allowing the most expensive parts of the rocket to be flown again. How Are Lower Launch Costs Expanding the Space Economy? That shift may sound technical, but its implications are very practical. If it becomes cheaper and easier to reach orbit, more business models become possible. Satellite broadband, global communications, defense applications, earth observation, space logistics, lunar infrastructure, and future orbital services all depend on one basic requirement: access to space must become less expensive and more repeatable. Lower Launch Costs Are Expanding the Viable Space Economy Source: SpaceX (March 2026). NASA/CSIS. AEI. BryceTech (Apr 2024). Space Foundation. Jonathan McDowell/Payload Space. ...
British Prime Minister Keir Starmer will stand if a leadership contest is triggered, a senior minister said on Sunday, after media reported Starmer had contacted key backers insisting he would run in any race. This came after popular Mayor of Manchester Andy Burnham, who is standing in a key by-election this month, said last week he would participate in any leadership race, although none has yet b...
British Prime Minister Keir Starmer will stand if a leadership contest is triggered, a senior minister said on Sunday, after media reported Starmer had contacted key backers insisting he would run in any race. This came after popular Mayor of Manchester Andy Burnham, who is standing in a key by-election this month, said last week he would participate in any leadership race, although none has yet been triggered. Starmer “has been absolutely clear – were there to be a contest – you need 81...
The US and Iran appear to be making little progress toward an interim deal to end the war Washington and Israel began 100 days ago, as fresh attacks pile pressure on a fragile ceasefire. The past week saw the worst flare-up in tensions since the truce started around April 8. Negotiations between Washington and Tehran are bogged down over the fate of billions of dollars of frozen Iranian assets and...
The US and Iran appear to be making little progress toward an interim deal to end the war Washington and Israel began 100 days ago, as fresh attacks pile pressure on a fragile ceasefire. The past week saw the worst flare-up in tensions since the truce started around April 8. Negotiations between Washington and Tehran are bogged down over the fate of billions of dollars of frozen Iranian assets and a parallel conflict between Israel and Iran-backed Hezbollah in Lebanon. US Central Command said early Sunday it downed two Iranian attack drones that threatened international maritime traffic in the Strait of Hormuz, the waterway crucial to global energy exports that’s also been at the heart of discussions. On Friday, six ballistic missiles fired at Bahrain and Kuwait were intercepted and another failed to reach their intended target, hours after four unmanned craft headed to Hormuz were shot down, Centcom said. The US struck Iranian coastal surveillance radar sites in Goruk and on Qeshm Island, it added. Since the US and Israel began hitting Iran on Feb. 28, Tehran and its proxies have launched missile and drone attacks on oil infrastructure, industrial sites and US military facilities across the Gulf. Saudi Arabia, the United Arab Emirates, Kuwait and Bahrain have all sustained damage. In Washington, President Donald Trump ’s administration is floating a plan to steer Iranian assets frozen in the US toward helping those Gulf allies rebuild from damage inflicted by the Islamic Republic. Read More: US Floats Steering Frozen Iran Assets to Gulf Allies for Repairs Tehran, meanwhile, insists those assets be released. The dispute risks derailing the discussions on a truce extension, reopening the Strait of Hormuz and future talks over Iran’s nuclear program. Iran’s neighbor Pakistan has played a key mediating role. The Islamic Republic’s foreign ministry said on Sunday that Pakistani Interior Minister Mohsin Naqvi met Iran’s top envoy Abbas Araghchi in Tehran and passed along...
Hong Kong will soon open its first convenience store operated by a humanoid robot as part of the city’s push to integrate AI into everyday life and deepen residents’ understanding of the technology, the finance chief has said. Financial Secretary Paul Chan Mo-po also revealed on Sunday that a high-level government committee dedicated to AI development in Hong Kong had been formed and would hold it...
Hong Kong will soon open its first convenience store operated by a humanoid robot as part of the city’s push to integrate AI into everyday life and deepen residents’ understanding of the technology, the finance chief has said. Financial Secretary Paul Chan Mo-po also revealed on Sunday that a high-level government committee dedicated to AI development in Hong Kong had been formed and would hold its first meeting this month. The 24-hour convenience store was located on the waterfront in Hung Hom...
It's been quite the year for Wall Street and America's foremost financial institution, the Federal Reserve. Since the start of the year, the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) have all closed at record levels. As for the Fed, it's under new leadership. The final day of Jerome Powell's second term as Fed chair was M...
It's been quite the year for Wall Street and America's foremost financial institution, the Federal Reserve. Since the start of the year, the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) have all closed at record levels. As for the Fed, it's under new leadership. The final day of Jerome Powell's second term as Fed chair was May 15 . This paved the way for President Donald Trump's handpicked successor, Kevin Warsh, to take the baton (officially) on May 22. Warsh becomes the 17th head of the Fed since its creation in December 1913, and brings five years of experience (Feb. 24, 2006 – March 31, 2011) as a former member of the Board of Governors to the position. But this was anything but a normal transition -- and Wall Street has taken notice. Continue reading
From policy-driven healthcare rallies to crypto worries, here is a breakdown of the S&P 500's biggest movers over the past week: Leaders Humana ( HUM ) +14.6% Managed care stocks are on a tear, led by Medicare Advantage players amid improving medical utilization trends and receding regulatory headwinds. Hewlett Packard Enterprise ( HPE ) +14.3% Shares surged after quarterly results drew positive r...
From policy-driven healthcare rallies to crypto worries, here is a breakdown of the S&P 500's biggest movers over the past week: Leaders Humana ( HUM ) +14.6% Managed care stocks are on a tear, led by Medicare Advantage players amid improving medical utilization trends and receding regulatory headwinds. Hewlett Packard Enterprise ( HPE ) +14.3% Shares surged after quarterly results drew positive reactions from analysts . Material upside is being seen from server demand and share capture. Laggards Coinbase Global ( COIN ) -19.4% There were fresh jitters surrounding the stock after Bitcoin ( BTC-USD ) slid under $60,000 , while Baird warned of elevated valuation risk. Ciena ( CIEN ) -15.9% The network technology company got hammered following its Q2 report and concerns over margins . More on markets Wall Street Roundup: AI Trade Passes The Baton Why Ciena Fell By Nearly 20% After Posting Second Quarter Results Ciena Corporation (CIEN) Q2 2026 Earnings Call Transcript Earnings Scoreboard: 100% of reporting S&P 500 firms beat earnings expectations, 91% deliver Y/Y growth Prediction markets are going mainstream on Wall Street