On February 19, 2026, President Donald Trump stood at a rally in Rome, Georgia and told the crowd to “go out and buy a Dell computer.” Nine days earlier, his portfolio had picked up between $1 million and $5 million of Dell Technologies (NYSE:DELL) stock, per a government ethics filing. Retail investors watching did not ... If You Listened to Trump and Bought This ETF in February, You’d Be a Milli...
On February 19, 2026, President Donald Trump stood at a rally in Rome, Georgia and told the crowd to “go out and buy a Dell computer.” Nine days earlier, his portfolio had picked up between $1 million and $5 million of Dell Technologies (NYSE:DELL) stock, per a government ethics filing. Retail investors watching did not ... If You Listened to Trump and Bought This ETF in February, You’d Be a Millionaire Today | $110K to $1M
saifulasmee chede/iStock via Getty Images Mortgage rates fell after hitting a nine-month high last week, but sellers are said to be pulling off their home listings at the fastest pace since 2020. 30-year fixed-rate mortgages averaged 6.48% as of June 4, down from 6.53% last week and 6.85% in the same period a year ago, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 15-year f...
saifulasmee chede/iStock via Getty Images Mortgage rates fell after hitting a nine-month high last week, but sellers are said to be pulling off their home listings at the fastest pace since 2020. 30-year fixed-rate mortgages averaged 6.48% as of June 4, down from 6.53% last week and 6.85% in the same period a year ago, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 15-year fixed-rate mortgages averaged 5.79%, down from 5.87% a week ago and 5.99% a year ago. "The prospect of easing energy prices, given the evolving situation in the Middle East, brought mortgage rates slightly lower last week," according to Joel Kan, Mortgage Bankers Association's vice president and deputy chief economist. "With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving," said Sam Khater, Freddie Mac's chief economist. Meanwhile, Diana Olick, a CNBC reporter on news regarding the housing market, said home delistings are at their highest point in six years. A total of 5.8% of the homes listed were pulled off in April. Delistings in April were up 3.8% month-over-month, CNBC reported. "Sellers are getting frustrated with this spring housing market, and a lot of them are giving up," she remarked. More related to Mortgages Mortgage demand falls 2.5%, refinancing continues to deteriorate Coinbase, Better offer first Fannie Mae-eligible crypto-backed mortgage to Michigan couple in early 30s Freddie Mac to begin accepting mortgage loans assessed through VantageScore 4.0
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. The heart of Texas’ largest metro area is not having a great week . Downtown Dallas got a one-two punch this week. Firs...
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. The heart of Texas’ largest metro area is not having a great week . Downtown Dallas got a one-two punch this week. First, the NBA’s Mavericks said they’re moving about 10 miles north . The team plans a new arena on the 104-acre site that once housed Valley View mall. A day after that announcement, the NHL’s Stars signed a non-binding letter of intent to develop a stadium and entertainment district in Plano. (That site is now the Shops at Willow Bend mall, which is still standing). The teams were unhappy co-tenants at American Airlines Center. While economists and politicians disagree about the impact of sports teams, Victory Park will be a lot quieter. And both teams have some marquee sizzle, with valuations of $5.24 billion for the Mavericks and $1.94 billion for the Stars, according to Sportico. Truth be told, downtown Dallas has had its share of not-good weeks lately. The flagship Neiman Marcus store is closing. Fifth Third Bank, which recently acquired Comerica, is leaving Comerica Bank Tower to establish a Texas regional headquarters in North Dallas. AT&T is also heading to Plano. Regional growth is still booming, of course. The Dallas-Fort Worth area is the fourth-largest in the US, surpassing the 8 million mark for population. And both teams are still firmly part of the Dallas area; there’s no they-play-in-another state vibe as with New York’s football teams, or potentially with the Chicago Bears . But moves like the Stars’ and AT&T’s bolster suburban tax bases, not Dallas’. “Make no mistake about it, we are in competition with our neighboring cities for residents, for businesses, and for attractions,” Dallas Mayor Eric Johnson said in a statement. The Fine Line Here are two question...
Joe Raedle/Getty Images News Retail investors are expected to have an unusually broad opportunity to participate in SpaceX's ( SPCX ) upcoming initial public offering, with several major brokerage firms preparing to make shares available to individual customers. Fidelity Investments, Charles Schwab, Robinhood Markets, SoFi Technologies and E*Trade are among the platforms expected to distribute IPO...
Joe Raedle/Getty Images News Retail investors are expected to have an unusually broad opportunity to participate in SpaceX's ( SPCX ) upcoming initial public offering, with several major brokerage firms preparing to make shares available to individual customers. Fidelity Investments, Charles Schwab, Robinhood Markets, SoFi Technologies and E*Trade are among the platforms expected to distribute IPO shares, The Wall Street Journal reported Thursday. The number available to retail buyers will depend in part on demand from institutional investors and wealthy clients, who traditionally receive the largest allocations in public offerings. Historically, large retail allocations have sometimes been interpreted as a sign of weak institutional interest. Market observers say that dynamic may not apply in SpaceX's ( SPCX ) case given the anticipated scale of the offering and Elon Musk's stated preference for broad individual investor participation. Brokerages are already collecting indications of interest from customers, a process that helps them estimate demand and negotiate for larger share allocations from underwriters. Investors considering participation should be aware that newly public stocks often experience significant price swings after they begin trading. While some IPOs surge immediately, others struggle after their debut. Meta Platforms ( META ), then known as Facebook, spent more than a year recovering from losses that followed its 2012 public offering. Eligibility requirements vary by brokerage. Charles Schwab requires customers to maintain at least $100,000 in brokerage assets to participate. Fidelity, which has previously required balances ranging from $100,000 to $500,000 for certain IPOs, is lowering its minimum requirement to $2,000 for the SpaceX offering. Robinhood, SoFi and E*Trade don’t currently impose minimum portfolio thresholds. Customers interested in purchasing shares must first submit a nonbinding indication of interest specifying how many shares t...
SolStock/E+ via Getty Images Texas Attorney General Ken Paxton has initiated an investigation into Celsius Holdings ( CELH ) over allegations the company uses playful and colorful packaging to sell its Alani Nu energy drinks to young adults despite containing a level of caffeine that is dangerous for children and adolescents. Paxton argues that each can of Alani Nu contains 200 mg of caffeine, a l...
SolStock/E+ via Getty Images Texas Attorney General Ken Paxton has initiated an investigation into Celsius Holdings ( CELH ) over allegations the company uses playful and colorful packaging to sell its Alani Nu energy drinks to young adults despite containing a level of caffeine that is dangerous for children and adolescents. Paxton argues that each can of Alani Nu contains 200 mg of caffeine, a level medical professionals have deemed unsafe for consumption for teens and children. Despite the dangers, Celsius ( CELH ) packages Alani Nu in “colorful packaging, playful design elements, and youth-oriented branding strategies that appeal directly to younger consumers, raising serious questions about whether the company is deliberately marketing a potentially harmful product at an at-risk population,” Paxton argues. Alani nu strawberry sunrise (Google.com) Paxton cites the case of a 17-year-old Texan who died from an enlarged heart allegedly caused by excessive caffeine consumption from drinking Alani Nu. The parents’ lawsuit claims the company failed to provide adequate warnings about the caffeine content of its beverage. The investigation seeks to determine if Celsius ( CELH ) is in violation of the Texas Deceptive Trade Practices Act. As recently as last month, Celsius Holdings ( CELH ) credited record Q1 sales to the explosive popularity of its Alani Nu energy drink. By expanding distribution to the PepsiCo ( PEP ) distribution system, Alani Nu generated record revenue and accounted for nearly half of all Celsius’ ( CELH ) total sales. Unfortunately for Celsius, comments from CEO John Fieldly during the company's most recent earnings call may have helped the AG's case. “Alani Nu is expanding our reach with a differentiated consumer base and a meaningful runway and channels where it remains underpenetrated,” Fieldly said, a statement that could prove problematic for the company and feature prominently in Paxton’s investigation. Shares are down more than 5% at midday, ...
X-Energy on Thursday reported its first quarterly earnings as a public company after its stock debut on April 24. XE stock dived to a record low on a wider loss than Q1 a year ago as nuclear stocks continue to cool off.
X-Energy on Thursday reported its first quarterly earnings as a public company after its stock debut on April 24. XE stock dived to a record low on a wider loss than Q1 a year ago as nuclear stocks continue to cool off.
IURII KRASILNIKOV/iStock via Getty Images Shares of Iovance Biotherapeutics ( IOVA ) climbed on Thursday after the Therapeutic Goods Administration of Australia granted conditional approval for the company’s cell therapy, Amtagvi, as a late-line option for the skin cancer, melanoma. The first FDA-approved T cell therapy for a solid tumor indication, Amtagvi, will therefore be available in Australi...
IURII KRASILNIKOV/iStock via Getty Images Shares of Iovance Biotherapeutics ( IOVA ) climbed on Thursday after the Therapeutic Goods Administration of Australia granted conditional approval for the company’s cell therapy, Amtagvi, as a late-line option for the skin cancer, melanoma. The first FDA-approved T cell therapy for a solid tumor indication, Amtagvi, will therefore be available in Australia for adults with previously treated unresectable or metastatic melanoma, the San Carlos, California-based biotech said in a statement on Wednesday. The company also announced plans to receive authorization for its first Amtagvi treatment center in Australia, the country with the highest prevalence of melanoma in the world, with 17,000 new patients diagnosed annually. “This approval in Australia is our third marketing authorization for Amtagvi and marks a significant step forward for Iovance in the country with the highest rate of melanoma globally,” added interim CEO Frederick Vogt. More on Iovance Biotherapeutics Iovance Therapeutics: Q1 Earnings Miss May Have Created A Buying Opportunity Iovance Biotherapeutics, Inc. (IOVA) Q1 2026 Earnings Call Transcript Iovance Biotherapeutics: Buy, Because Short-Term Competitor Is Out Iovance outlines $350M-$370M 2026 revenue, while guiding Q2 total revenue to $86M-$88M Iovance slips after Q1 miss amid in-line 2026 outlook
Interior minister announces review into handling of the cases after body reportedly found in search for 11-year-old Outrage has erupted in France after it emerged the main suspect in the case of an 11-year-old girl missing since last week had been repeatedly accused of sexually abusing children with no action taken. A body was discovered on Thursday and formal identification was under way, an info...
Interior minister announces review into handling of the cases after body reportedly found in search for 11-year-old Outrage has erupted in France after it emerged the main suspect in the case of an 11-year-old girl missing since last week had been repeatedly accused of sexually abusing children with no action taken. A body was discovered on Thursday and formal identification was under way, an informed source said. Continue reading...
Entre mariachis, tequila y fútbol, Jalisco espera recibir a miles de fans del Mundial. Pero en sus mismas calles, familiares de desaparecidos mantienen viva una pregunta que aún no tiene respuesta: ¿dónde están? (Source: Bloomberg)
Entre mariachis, tequila y fútbol, Jalisco espera recibir a miles de fans del Mundial. Pero en sus mismas calles, familiares de desaparecidos mantienen viva una pregunta que aún no tiene respuesta: ¿dónde están? (Source: Bloomberg)
The right wing of British politics has undergone several rapid transformations in the last decade or so. It now seems quaint to think back to David Cameron’s thumping election victory in 2015, which appeared to signal the victory of centrist One-Nation Toryism and the defeat of not just Ed Miliband’s left-leaning election campaign, but also anything much to the right of sentiments like “yes, let’s...
The right wing of British politics has undergone several rapid transformations in the last decade or so. It now seems quaint to think back to David Cameron’s thumping election victory in 2015, which appeared to signal the victory of centrist One-Nation Toryism and the defeat of not just Ed Miliband’s left-leaning election campaign, but also anything much to the right of sentiments like “yes, let’s cut taxes a bit more and try to keep a lid on public spending.” Cameron’s ultimate attempt to shove a stake through the heart of his party’s fringe elements was, of course, the referendum on EU membership — and you’ll need no reminding how that panned out. Traditional Eurosceptics (as they were then called) combined with optimistic (some might say Panglossian) Singapore-on-Thames visionaries, not to mention the occasional pragmatist like Boris Johnson. It all added up to nearly 52% of the vote and when Donald Trump was elected US President a few months later, the Overton window had swung to a degree that few could have imagined when Cameron and Miliband were furiously debating NHS budgets and what to do with council home residents who enjoyed a spare bedroom. Today, we have a Conservative party wary of ceding even more ground to Nigel Farage on its right flank, while the Reform UK leader himself seems wary of giving up any space to those even further to the right, such as the Restore Britain party and its online cheerleader Elon Musk . This may seem like a very unstable state of affairs, and it is, but to some extent it has settled into a routine pattern that by definition translates to a kind of stability. Reform’s polling is remarkably obdurate, despite a string of negative stories involving alleged racist comments Farage made during his school days and the millions of pounds he and his party have received from foreign-based cryptocurrency entrepreneurs. The party is down from its above-30% highs of last autumn, yet has actually climbed in recent weeks despite the seemin...
格隆汇6月5日｜OPEC+恢复数百万桶此前暂停供应的进程已接近完成，至少在纸面上是如此，这让人对该集团原定于2027年恢复投放市场的最后一批产量前景产生疑问。过去一年，OPEC及其盟友恢复了2023年减产规模的80%以上。与会代表表示，该联盟计划截至9月分三次进一步提高配额，以完成这一复产进程，他们预计将在周日视频会议上批准7月配额又一次小幅上调，幅度为每日18.8万桶。战争迫使沙特阿拉伯、伊拉克和科威特削减产量，令市场对OPEC+石油的需求变得十分迫切；但由于霍尔木兹海峡油轮通行严重受阻，该集团无法立即满足这一需求。因此，尽管他们在纸面上提高产量配额，实际产量水平却大幅下降。最后一批供应限制定于明年解除。几位与会代表表示，鉴于最近几批供应恢复速度快于原计划，加上市场迫切需要石油，最后这一批供应限制也有可能提前解除。只要霍尔木兹海峡关闭，这些决定基本上只具有象征意义。但一旦这条水道重新开放，而全球消费者竞相补充在冲突期间被消耗的石油库存，这些决定的重要性可能就会上升。这场危机已推动汽油、柴油和航空燃油价格飙升。即便如此，如果最后一批供应加速回归市场，实际进入市场的供应量也几乎肯定会远低于公布规模。过去一年中，OPEC+承诺恢复的许多石油供应实际上从未兑现，因为许多成员国一直无法按目标提高产量，投资不足、油田老化、供应中断乃至制裁都在侵蚀它们的产能。油田产量恢复到战前水平可能需要更多时间。阿布扎比国家石油公司首席执行官Sultan Al Jaber上月表示，要恢复到冲突前流量的80%，至少需要四个月。