The commission has 90 working days to take a decision. Credit: Sergei Elagin / Shutterstock.com. The European Commission (EC) is examining whether JD.com may have received foreign subsidies that could distort the European Union (EU) internal market in its proposed acquisition of German retailer Ceconomy. It has opened an “in-depth” review of the deal under the Foreign Subsidies Regulation (FSR) af...
The commission has 90 working days to take a decision. Credit: Sergei Elagin / Shutterstock.com. The European Commission (EC) is examining whether JD.com may have received foreign subsidies that could distort the European Union (EU) internal market in its proposed acquisition of German retailer Ceconomy. It has opened an “in-depth” review of the deal under the Foreign Subsidies Regulation (FSR) after a preliminary assessment raised concerns about support the Chinese group may have obtained. JD.com operates retail businesses and an online e-commerce marketplace in China. Ceconomy sells consumer electronics and home appliances through physical stores and online channels. The commission said its initial findings point to possible subsidies, including preferential financing, tax incentives and grants from entities that may be attributable to China. It is concerned that these measures may have enabled JD.com to offer terms that could have affected the negotiations over the takeover. The regulator also said the deal could allow the combined company to follow investment and business strategies that may affect competition in the EU internal market. During the investigation, the commission will assess whether the suspected subsidies influenced the acquisition process, including by allowing JD.com to submit a high offer and supporting Ceconomy’s business and growth plans with its technology and logistics capabilities. It will also examine whether the merged group’s position in the market could be strengthened in a way that harms competition after the transaction. The deal was notified to the commission on 17 April 2026. The commission has 90 working days, until 2 October 2026, to take a decision. The FSR law started to apply in July 2023. It gives the commission powers to address market distortions linked to foreign subsidies while keeping the EU open to trade and investment. Under the rules, companies must notify deals when at least one party is established in the EU and has...
(RTTNews) - Asian stocks rose broadly on Friday, with optimism around the resonant AI trade, strong earnings from Dell Technologies, and reports of a proposed 60-day ceasefire extension between the U.S. and Iran as well as possible easing of shipping restrictions through the Strait of Hormuz helping underpin regional sentiment. The dollar treaded cautiously in Asian trade and gold held firm above ...
(RTTNews) - Asian stocks rose broadly on Friday, with optimism around the resonant AI trade, strong earnings from Dell Technologies, and reports of a proposed 60-day ceasefire extension between the U.S. and Iran as well as possible easing of shipping restrictions through the Strait of Hormuz helping underpin regional sentiment. The dollar treaded cautiously in Asian trade and gold held firm above $4,500 an ounce while Brent crude futures slipped below $92 a barrel on improved prospects for unrestricted Strait of Hormuz shipping. China's Shanghai Composite index fell 0.73 percent to 4,068.57 following recent regulatory action on unauthorized cross-border trading. Hong Kong's Hang Seng index climbed 0.70 percent to 25,182.39 on optimism over a de-escalation of the conflict between the U.S. and Iran. Lenovo Group shares soared 22 percent on enthusiasm around the company's AI-driven growth outlook. Japanese markets rose sharply to reach a record high on investor optimism that the three-month Middle East conflict may be nearing a resolution. Traders also cheered data that showed Tokyo's core inflation rate rose more slowly than economists expected in May. The Nikkei average jumped 2.53 percent to 66,329.50, ending above 66,000 for the first time ever led by artificial intelligence and semiconductor-related shares. The broader Topix index settled 1.41 percent higher at 3,957.17. Seoul stocks closed at a new record high, driven by strong gains in stocks related to artificial intelligence on expectations surrounding CEO Nvidia Jensen Hwang's visit to Korea. The Kospi index soared 3.55 percent to 8,476.15. Australian markets logged their best single-day gain in seven weeks on U.S.-Iran peace deal hopes. The benchmark S&P/ASX 200 surged 1.62 percent to 8,731.70, with mining, travel and gold stocks leading the surge on hopes of restored Strait of Hormuz shipments. The broader All Ordinaries index closed up 1.65 percent at 8,965. Across the Tasman, New Zealand's benchmark S&P/N...
Jonathan Kitchen/DigitalVision via Getty Images Digital Realty Trust ( DLR ) is the world’s largest neutral data center platform and one of the few REITs to benefit from the accelerating adoption of artificial intelligence directly. The stock is up more than 35% from its late 2025 low and is trading at a valuation that already reflects much of its expected performance. At these levels, there are t...
Jonathan Kitchen/DigitalVision via Getty Images Digital Realty Trust ( DLR ) is the world’s largest neutral data center platform and one of the few REITs to benefit from the accelerating adoption of artificial intelligence directly. The stock is up more than 35% from its late 2025 low and is trading at a valuation that already reflects much of its expected performance. At these levels, there are three instruments in the company’s capital structure that few investors pay enough attention to: its preferred shares ( DLR.PR.J ), ( DLR.PR.K ), and ( DLR.PR.L ). All three trade below par, yield over 6.3% on an investment-grade basis, and are senior to the common stock. Company Quality Digital Realty is a global data center operator specializing in colocation, interconnection, and hyperscale capacity. The company's PlatformDIGITAL platform serves over 5500 customers through a network of over 300 data centers in over 55 metropolitan areas on 6 continents. In Q1 2026, the company entered three new markets: Milan (Italy), Sofia (Bulgaria), and Cyberjaya (Malaysia), acquired two agricultural plots next to the campuses in Atlanta and Portland; and expanded the ServiceFabric network to 733 data centers in 39 metropolises around the world. The model is built on four pillars: coverage, capacity, connectivity, and control (management). key strategic properties (digitalrealty.com) As of 03/31/2026, DLR's total assets were $48.86 billion, and total debt was approximately $19.4 billion - assets cover debt approximately 2.5 times. The company's market capitalization is approximately $69.3 billion. Credit ratings are BBB+ by S&P, BBB by Fitch, and Baa2 by Moody's: a strong investment grade for a REIT of this size. The first quarter of 2026 was exceptionally strong, with total revenue of $1.63 billion (+16% YoY). Adjusted EBITDA of approximately $920 million (+16% YoY). Core FFO per share: $2.04 (+15% YoY) - a record for the company—and FFO per share: $1.99 compared to $1.67 a year ago. ...
At the cheesemakers in the village of Franois, eastern France, a stream of what looks like runny, beige gloop is being potted, packaged and dispatched for delivery as fast as it can be made. The freezer room, normally piled high with pallets of the product, is almost empty. For what must be the first time in the history of cancoillotte – a cheese product that until recently was little known outsid...
At the cheesemakers in the village of Franois, eastern France, a stream of what looks like runny, beige gloop is being potted, packaged and dispatched for delivery as fast as it can be made. The freezer room, normally piled high with pallets of the product, is almost empty. For what must be the first time in the history of cancoillotte – a cheese product that until recently was little known outside the eastern Franche-Comté – there was talk of a “rupture” in supplies, and an unprecedented shortage. France may be what Charles de Gaulle described as an ungovernable country of 246 kinds of cheese, but only one of them can claim to have won the hearts of fitness fanatics and social media influencers. In just a few weeks, word has spread about cancoillotte – pronounced con-qwy-yotte – among those who want to have their cheese and eat it without melting toned muscles or sending cholesterol soaring. Unlike most cheeses, cancoillotte is low in fat, high in protein, cheap and until recently something of a niche product outside the Franche-Comté, the region flanking France’s border with Switzerland. Now, local producers are hoping to capitalise on its sudden success. Julie Morin, director of the Poitrey la Belle Étoile fromagerie near Besançon, and president of the Association for the Promotion of Cancoillotte, said the sudden demand had taken her and the region’s 22 cancoillotte producers by surprise. View image in fullscreen Julie Morin, director of Poitrey la Belle Étoile, which makes cancoillotte. Photograph: Magali Delporte/The Guardian “There’s been a slow progression in sales of cancoillotte over the last seven years, but the influencers have produced a big boom, which we didn’t expect,” said Morin during a tour of the fromagerie established almost 150 years ago. “What with all the new enthusiasm for the cheese and the May bank holidays we couldn’t produce as much as usual so we had a bit of a shortfall, but we’re making it up. “Until now, it has been a product that wa...
For Immediate Release Chicago, IL – May 29, 2026 – Today, Zacks Investment Ideas feature highlights Ondas Inc. ONDS, Unusual Machines UMAC and Palantir PLTR. Ondas (ONDS): The New Era of Defense Ondas: A Next-Gen Defense Leader Zacks Rank #3 (Hold) company Ondas Inc. is a leading defense company headquartered in West Palm Beach, Florida. The company has several verticals in the defense sector, inc...
For Immediate Release Chicago, IL – May 29, 2026 – Today, Zacks Investment Ideas feature highlights Ondas Inc. ONDS, Unusual Machines UMAC and Palantir PLTR. Ondas (ONDS): The New Era of Defense Ondas: A Next-Gen Defense Leader Zacks Rank #3 (Hold) company Ondas Inc. is a leading defense company headquartered in West Palm Beach, Florida. The company has several verticals in the defense sector, including a global technology platform for wireless networks, autonomous drone systems, and automated data solutions for government customers. Ondas operates two primary business segments: · Ondas Autonomous Systems (OAS): Unmanned Aircraft Systems (UAS) are Ondas’ bread and butter. The ‘Optimus System’ is a fully automated 24/7 drone platform. Meanwhile, the company also offers the ‘Iron Drone Raider’ (an autonomous counter-drone interceptor) and ‘Sentrycs’ (a counter-drone detection system. Additionally, Ondas has a combat robot called ‘Roboteam’ and the accompanying software called ‘Apeiro Motion.’ · Ondas Networks: Delivers private wireless broadband technology to energy grids, rail networks, and various government agencies. Drone Warfare Disrupts the Battlefield The global proliferation of unmanned aerial vehicles (UAVs) has fundamentally dismantled the traditional, Western-dominated paradigm of precision warfare. Until recently, delivering precise, long-distance attacks required multi-million-dollar missiles or fighter jets. However, the recent global conflicts show the power of drone warfare and how it is quickly evening the global balance of power. For instance, although Ukraine has far fewer soldiers than Russia, it has been holding its own in the recent conflict due to its use of drones. Ukrainian drones have been spotting and attacking Russian troops from 20 miles away or more. In response, Russia is working quickly to scale up its deployment of one-way attack drones. Meanwhile, there is no better example of the power of drones than the recent U.S.-Iran conflict. Al...
For Immediate Release Chicago, IL – May 29, 2026 – Today, Zacks Investment Ideas feature highlights Ondas Inc. ONDS, Unusual Machines UMAC and Palantir PLTR. Ondas (ONDS): The New Era of Defense Ondas: A Next-Gen Defense Leader Zacks Rank #3 (Hold) company Ondas Inc. is a leading defense company headquartered in West Palm Beach, Florida. The company has several verticals in the defense sector, inc...
For Immediate Release Chicago, IL – May 29, 2026 – Today, Zacks Investment Ideas feature highlights Ondas Inc. ONDS, Unusual Machines UMAC and Palantir PLTR. Ondas (ONDS): The New Era of Defense Ondas: A Next-Gen Defense Leader Zacks Rank #3 (Hold) company Ondas Inc. is a leading defense company headquartered in West Palm Beach, Florida. The company has several verticals in the defense sector, including a global technology platform for wireless networks, autonomous drone systems, and automated data solutions for government customers. Ondas operates two primary business segments: · Ondas Autonomous Systems (OAS): Unmanned Aircraft Systems (UAS) are Ondas’ bread and butter. The ‘Optimus System’ is a fully automated 24/7 drone platform. Meanwhile, the company also offers the ‘Iron Drone Raider’ (an autonomous counter-drone interceptor) and ‘Sentrycs’ (a counter-drone detection system. Additionally, Ondas has a combat robot called ‘Roboteam’ and the accompanying software called ‘Apeiro Motion.’ · Ondas Networks: Delivers private wireless broadband technology to energy grids, rail networks, and various government agencies. Drone Warfare Disrupts the Battlefield The global proliferation of unmanned aerial vehicles (UAVs) has fundamentally dismantled the traditional, Western-dominated paradigm of precision warfare. Until recently, delivering precise, long-distance attacks required multi-million-dollar missiles or fighter jets. However, the recent global conflicts show the power of drone warfare and how it is quickly evening the global balance of power. For instance, although Ukraine has far fewer soldiers than Russia, it has been holding its own in the recent conflict due to its use of drones. Ukrainian drones have been spotting and attacking Russian troops from 20 miles away or more. In response, Russia is working quickly to scale up its deployment of one-way attack drones. Meanwhile, there is no better example of the power of drones than the recent U.S.-Iran conflict. Al...
Marvell Technology Today MRVL Marvell Technology $202.57 -2.26 (-1.10%) 52-Week Range $58.61 ▼ $218.26 Dividend Yield 0.12% P/E Ratio 70.04 Price Target $208.64 Add to Watchlist Marvell Technology’s NASDAQ: MRVL market signaled a top in late May, gapping up after the strong fiscal Q1 2027 results to fall from the high and create an ominous candle. The candle shows a peak and potential for a pullba...
Marvell Technology Today MRVL Marvell Technology $202.57 -2.26 (-1.10%) 52-Week Range $58.61 ▼ $218.26 Dividend Yield 0.12% P/E Ratio 70.04 Price Target $208.64 Add to Watchlist Marvell Technology’s NASDAQ: MRVL market signaled a top in late May, gapping up after the strong fiscal Q1 2027 results to fall from the high and create an ominous candle. The candle shows a peak and potential for a pullback, which is the operative factor in June. Get Marvell Technology alerts: Sign Up A price pullback is likely; the only question is how deep it goes and how long it takes for the next highs to be set. In this case, the subsequent highs are likely to come by year’s end, if not summer’s end, because business is good at Marvell and accelerating. Marvell’s Charts Say It All—This Market Is Gaining Strength The strength of Marvell’s business, its position in the AI ecosystem, and its growth trajectory are reflected in the technical chart action. The market knows all there is to know about Marvell, and it is gaining momentum. The price action shows MACD convergence across two critical time frames, the weekly and monthly charts, a sign of market strength, which is compounded by increasing volume. The volume is a critical factor, as it reveals market commitment rather than a hollow price movement driven by only a few buyers. In this scenario, Marvell’s price action is more likely to rebound from its correction and set a fresh high than not. Regarding the possibility of a price pullback, Marvell’s support targets are near $180 and $160. $180 aligns with the short-term 30-day EMA and may not be strong enough to sustain price action on its own, given the valuation and the onset of summer trading conditions. Investors should expect lower trading volume and more exaggerated price movements until September, when the market returns from summer vacation. The $160 target is stronger, aligning with a congestion band that reveals elevated ownership at that level. Institutions are likely buyers ...
Torsten Bell says Labour manifesto ‘did not set out the timeline’ for changes to living wage after scale of youth unemployment crisis revealed in Milburn report Good morning. Last night Alan Milburn suggested that he would like the government to drop its commitment to pay all people over the age of 18 the national living wage. The former Labour health secretary was speaking after he published a ma...
Torsten Bell says Labour manifesto ‘did not set out the timeline’ for changes to living wage after scale of youth unemployment crisis revealed in Milburn report Good morning. Last night Alan Milburn suggested that he would like the government to drop its commitment to pay all people over the age of 18 the national living wage. The former Labour health secretary was speaking after he published a major report on the rise in the number of young people not in education, employment or training (Neet) and he implied that when the final report is published in the autumn, with policy recommendations, it will propose changes to the national living wage/minimum wage system to encourage more firms to hire young people. A change to the “discriminatory age bands” policy seems to be quite high up his list of demands. For the record, this is what Labour said in its manifesto . Labour will also make sure the minimum wage is a genuine living wage. We will change the remit of the independent Low Pay Commission so for the first time it accounts for the cost of living. Labour will also remove the discriminatory age bands, so all adults are entitled to the same minimum wage, delivering a pay rise to hundreds of thousands of workers across the UK. The manifesto sets out that the we should move the rates together over time. It doesn’t set a timeline on that because that’s the important role of the Low Pay Commission. No, that’s not what it says in our manifesto, Justin. But it’s an understandable mistake. It’s a long document. The manifesto commits us to equalising the rates. We’re absolutely committed to doing that. I’ve been a big proponent of the minimum wage over the last 25 years … We’re going to do it in a way that relies on the Low Pay Commission to provide independent advice on how that can happen, and in general how increases in the minimum wage happen but in a way that doesn’t affect employment levels. I’ve already said the answer is yes, we’re committed to our manifesto that we...
Investors also reacted positively to a proposed lawsuit settlement and growing optimism around space tourism demand. In this photo illustration, the Virgin Galactic logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading......
Investors also reacted positively to a proposed lawsuit settlement and growing optimism around space tourism demand. In this photo illustration, the Virgin Galactic logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Virgin Galactic resumed VSS Unity test flights this week to train crews and boost development of its next-generation Delta spacecraft. Investor optimism around Virgin Galactic grew after Blue Origin’s New Glenn rocket exploded during testing. The company said a federal court granted preliminary approval of a settlement of shareholder lawsuits tied to disclosure and operational issues. Virgin Galactic Holdings (SPCE) stock surged in premarket on Friday as investors reacted to a combination of operational progress at the space tourism company and a major setback involving rival aerospace venture Blue Origin. Virgin Galactic stock jumped over 12% in Friday’s premarket, extending a weekly rally that pushed the stock more than 39% higher, on track for its best week in a year. Read Next Loading... Loading... SPCE Advances VSS Unity Testing This week, Virgin Galactic resumed flight activity with its VSS Unity spacecraft, while Amazon’s (AMZN) Blue Origin faced fallout from a launchpad explosion tied to its New Glenn rocket program. The contrasting developments reshaped investor sentiment around the commercial space sector. On Wednesday, Virgin said its VSS Unity spacecraft returned to the skies above Spaceport America for a series of glide flights. The company is using the aircraft as a live operational platform to prepare pilots, crews and mission systems for its upcoming Delta-class spacecraft. Virgin believes the testing program could help accelerate the launch timeline for its next-generation commercial vehicle...
Oil prices fell on Friday as investors hoped for an end to the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever. The price of Brent crude futures, the global benchmark, fell by 1.3% to $91.54 and is nearing a fall of 17% since the start of May. The price of futures for West Texas Intermediate, the North American benchmark, fell by 1.4% on Friday morn...
Oil prices fell on Friday as investors hoped for an end to the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever. The price of Brent crude futures, the global benchmark, fell by 1.3% to $91.54 and is nearing a fall of 17% since the start of May. The price of futures for West Texas Intermediate, the North American benchmark, fell by 1.4% on Friday morning to $87.64 a barrel. That was down 7% from the peak earlier this week of $94.70. The optimism came after Donald Trump circulated a draft peace agreement for the war in Iran among allies. The US news site Axios reported that the US and Iran had reached a tentative deal to extend a ceasefire by 60 days, although it added that Trump had yet to agree to the terms. The US vice-president, JD Vance, said a deal was “not there yet” but “very close”. The war in Iran has lasted 90 days and has caused chaos across the global economy after Iran responded by closing the strait of Hormuz to shipping. That shut off a large proportion of exports from the Gulf, one of the world’s key oil-producing regions. While the US initially aimed at regime change in Iran, its ambitions appear to have been scaled back to reopening the strait, as well as reaching a deal to prevent Iran from building a nuclear bomb. Henry Allen, of Deutsche Bank, said markets were showing “mounting optimism about an end to the conflict”. He said: “With oil prices coming down, that’s meant investors have started to price out the more stagflationary outcomes for the global economy, with a clear rally across multiple asset classes.” The phrase stagflation refers to the damaging combination of stagnation in GDP growth and inflationary price increases. Markets across Asia rallied strongly. Japan’s Nikkei 225 rose 2.5% and Korea’s Kospi gained 3.6%. Hong Kong’s Hang Seng index gained 0.9%, although the performance of stocks in mainland China was more muted. The Shanghai CSI 300 fell by 0.45%. In Europe, the UK’s blue-chip FT...
Silver has had a monster run, and traders who wanted to amplify the move reached for the ProShares Ultra Silver (NYSEARCA:AGQ). AGQ promises 2x the daily return of silver bullion, and on paper that should have turned the past year’s rally into a generational trade. The actual numbers tell a different story. The gap between ... AGQ Promises 2x Silver, But Beta Slippage Has Eaten Most of Silver’s Re...
Silver has had a monster run, and traders who wanted to amplify the move reached for the ProShares Ultra Silver (NYSEARCA:AGQ). AGQ promises 2x the daily return of silver bullion, and on paper that should have turned the past year’s rally into a generational trade. The actual numbers tell a different story. The gap between ... AGQ Promises 2x Silver, But Beta Slippage Has Eaten Most of Silver’s Recent Surge
Meta Platforms, Inc. (NASDAQ: META) has announced a quarterly cash dividend of $0.525 per share on all outstanding Class A and Class B common stock. The dividend was declared by Meta’s board of directors on May 28, 2026, marking another scheduled payout for the company’s shareholders. Stockholders of record as of the close of business on June 15, 2026 will be eligible to receive the dividend payme...
Meta Platforms, Inc. (NASDAQ: META) has announced a quarterly cash dividend of $0.525 per share on all outstanding Class A and Class B common stock. The dividend was declared by Meta’s board of directors on May 28, 2026, marking another scheduled payout for the company’s shareholders. Stockholders of record as of the close of business on June 15, 2026 will be eligible to receive the dividend payment. The declared dividend is set to be paid out on June 25, 2026, to all qualifying stockholders of record. Meta has positioned itself as a company building the future of human connection through artificial intelligence and immersive technologies. The company traces its origins to the 2004 launch of Facebook, which the company describes as having fundamentally changed the way people connect with one another. Meta’s portfolio of applications, including Messenger, Instagram, and WhatsApp, has since expanded its global reach to billions of users worldwide. The company has stated it is now moving beyond traditional two-dimensional screens toward immersive experiences designed to foster deeper human connections. Meta describes its broader technological ambitions as unlocking new possibilities through artificial intelligence-powered platforms and next-generation digital environments. Investor inquiries regarding the dividend announcement can be directed to Kenneth Dorell through the company’s dedicated investor relations contact channels, while press inquiries are being handled by Matthew Tye.
Fideuram Asset Management Ireland dac purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 16,437 shares of the semiconductor company's stock, valued at approximately $4,783,000. A number of other...
Fideuram Asset Management Ireland dac purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 16,437 shares of the semiconductor company's stock, valued at approximately $4,783,000. A number of other hedge funds have also recently added to or reduced their stakes in the company. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $356,000. South Street Advisors LLC grew its stake in Taiwan Semiconductor Manufacturing by 4.4% during the 4th quarter. South Street Advisors LLC now owns 2,841 shares of the semiconductor company's stock worth $863,000 after buying an additional 121 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $961,000. Basepoint Wealth LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $31,000. Finally, Garde Capital Inc. grew its stake in Taiwan Semiconductor Manufacturing by 52.2% during the 4th quarter. Garde Capital Inc. now owns 12,249 shares of the semiconductor company's stock worth $3,722,000 after buying an additional 4,200 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock. Get TSM alerts: Sign Up Trending Headlines about Taiwan Semiconductor Manufacturing Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week: Positive Sentiment: TSMC’s CEO reportedly promised a 30%+ boost to employee bonuses as Q1 revenue surged and AI chip demand remained strong, reinforcing confidence in the company’s earnings momentum. Article Title TSMC’s CEO reportedly promised a 30%+ boost to employee...
aluxum/E+ via Getty Images Stock index futures were mixed ahead of the open as traders kept a close watch on any updates related to the U.S.-Iran conflict amid reports of fresh strikes. S&P 500 futures ( SPX ) edged higher by 0.06% to 7,567.92, while Dow futures ( INDU ) rose 0.11% to 50,723.31. Nasdaq 100 futures ( US100:IND ) slipped 0.30% to 30,132.07. The U.S. and Iran have reportedly reached ...
aluxum/E+ via Getty Images Stock index futures were mixed ahead of the open as traders kept a close watch on any updates related to the U.S.-Iran conflict amid reports of fresh strikes. S&P 500 futures ( SPX ) edged higher by 0.06% to 7,567.92, while Dow futures ( INDU ) rose 0.11% to 50,723.31. Nasdaq 100 futures ( US100:IND ) slipped 0.30% to 30,132.07. The U.S. and Iran have reportedly reached a deal; however, President Donald Trump will have to give the final approval. Reports suggested that Iran had launched missiles. On the economic calendar, traders awaited Retail and Wholesale Inventories (Advance) and Chicago PMI. On the Fedspeak front, Federal Reserve Vice Chair for Supervision Michelle Bowman, Philadelphia Fed President Anna Paulson, and San Francisco Fed President Mary Daly were scheduled to speak. U.S. Treasury yields edged higher across the curve. The 10-year Treasury yield ( US10Y ) rose 1.7 basis points to 4.47%, while the 2-year Treasury yield ( US2Y ) climbed 1 basis point to 4.04%. The 30-year Treasury yield ( US30Y ) advanced 1.2 basis points to 4.99%. Top gainers in premarket trading included Dell Technologies ( DELL ) +39.96%, Hewlett Packard Enterprise ( HPE ) +20.60%, and PulteGroup ( PHM ) +17.37%. Decliners included Autodesk ( ADSK ) -5.99%, Republic Services ( RSG ) -2.98%, and Entergy ( ETR ) -2.56%. More on markets Tech Looking For Back-To-Back 10%+ Monthly Gains AAII Sentiment Survey: Optimism Reappears PCE Inflation Surges Further Away From Fed's Target, Now Nearly Double The Fed's Target, And 5+ Years Above Target At a glance: stocks gapping up premarket At a glance: stocks gapping down premarket