Sundry Photography/iStock Editorial via Getty Images Shares of Walmart ( WMT ) plunged more than 6% Thursday, marking the retailer’s worst trading day in 13 months as investors reacted to signs that U.S. consumers are increasingly under pressure. The selloff came after Walmart executives said during the company’s earnings conference call that shoppers are showing signs of financial strain, reinfor...
Sundry Photography/iStock Editorial via Getty Images Shares of Walmart ( WMT ) plunged more than 6% Thursday, marking the retailer’s worst trading day in 13 months as investors reacted to signs that U.S. consumers are increasingly under pressure. The selloff came after Walmart executives said during the company’s earnings conference call that shoppers are showing signs of financial strain, reinforcing concerns that inflation and higher borrowing costs continue to weigh on household budgets. The sharp decline stunned traders because Walmart had become one of Wall Street’s favorite defensive stocks over the past year. Investors had flocked to the retail giant on expectations that consumers seeking lower prices would continue driving traffic to stores even amid economic uncertainty. Instead, the company’s cautious tone triggered a wave of profit-taking after a prolonged rally that had pushed shares to record highs earlier this year. Market analyst Mike Zaccardi highlighted the move on social media, noting the stock was on pace for its steepest one-day drop in over a year. Despite the decline, Walmart remains one of the strongest performers in big-box retail, though Thursday’s selloff suggests investors may be reassessing whether expectations for consumer resilience had become too optimistic. Here is the chart: Mike Zaccardi More on Walmart Walmart Earnings Preview: Short-Term Gas Impact Vs. Longer-Term Advertising And Flywheel Trends Walmart: Get Out Before The Correction Walmart: Consolidation In Uptrend Means New Highs Likely (Technical Analysis) Walmart slides and weighs on the retail sector as it warns of consumer pressures Walmart falls after issuing cautious guidance amid the high gas price environment
Investors are in a new age of commercial space activity—and a new era of personal wealth. Tesla and SpaceX CEO Elon Musk, already the world’s richest person, is now the world’s first trillionaire. On Wednesday, his rocket company, SpaceX, released its initial public offering registration statement to the public.
Investors are in a new age of commercial space activity—and a new era of personal wealth. Tesla and SpaceX CEO Elon Musk, already the world’s richest person, is now the world’s first trillionaire. On Wednesday, his rocket company, SpaceX, released its initial public offering registration statement to the public.
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. As part of a new “Reserved” program, Spotify is going to start offering concert tickets for “real fans” of participating bands that are going on tour. The idea with the Reserved program is to give people an option to buy tickets without the hassle and stress that often comes ...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. As part of a new “Reserved” program, Spotify is going to start offering concert tickets for “real fans” of participating bands that are going on tour. The idea with the Reserved program is to give people an option to buy tickets without the hassle and stress that often comes with securing a spot for a popular act. But you’ll have to be a Spotify Premium member to be eligible, and how exactly Spotify determines who is a real fan is a touch murky. We’ll identify real fans based on factors like streams, shares, and other Spotify activity, and will also monitor the activity of Premium users to ensure these are real human fans and not bots. If you’re one of an artist’s most dedicated fans, you’ll have the opportunity to purchase two tickets during a dedicated window, typically around a day. If you’re picked to get tickets, you’ll get an email and a notification in the app. Spotify says to “make sure” your location is enabled in its Live Events Feed so it can determine if you’re near a touring artist and that you have notifications turned on so that. However, Spotify cautions that “there will be significantly more superfans than there are seats available on a tour, so not every fan will receive an offer.” The Reserved program will kick off this summer, with Spotify saying that “newly announced tours for select artists will be able to dedicate tickets to true fans through Reserved.” Down the line, Reserved will expand to “more tours of all sizes, including many of the most sought-after shows on the road.” Spotify won’t add fees for tickets purchased via Reserved. Initially, the Reserved program will be available in the US, but Spotify says it will come to more markets in the future.
Studio by Spotify Labs is a new standalone AI app that generates a daily briefing, podcasts, and playlists on your PC using chatbot prompts. The AI-generated content draws from your Spotify listening history, as well as info from apps you connect to it, like your email inbox, calendar, and notes. Spotify says its AI can also “take action on your behalf,” such as “researching topics, using a web br...
Studio by Spotify Labs is a new standalone AI app that generates a daily briefing, podcasts, and playlists on your PC using chatbot prompts. The AI-generated content draws from your Spotify listening history, as well as info from apps you connect to it, like your email inbox, calendar, and notes. Spotify says its AI can also “take action on your behalf,” such as “researching topics, using a web browser, organizing information, and helping complete tasks.” Any content you generate in Studio, like a daily briefing podcast, can be saved to your Spotify library. It will be launching “in the coming weeks” as a research preview for users 18 and older. Spotify is launching other AI podcast features, too, like a chatbot available for Premium users starting today that can answer questions about the podcasts you’re listening to, such as finding timestamps for specific topics in an episode. Spotify recently began allowing users to save AI-generated podcasts from OpenClaw and Claude to their libraries, and next month it’s launching Personal Podcasts, which generates AI episodes based on users’ prompts directly inside the Spotify app. Spotify isn’t the only one promising customized AI-generated podcasts — Google has had a similar feature in NotebookLM since 2024, while Amazon and Microsoft recently launched their own AI podcast features in Alexa Plus and the Edge browser. Some users of the features swear by them as ways to quickly catch up on news or learn about new topics, but it’s unclear how many people are using them currently. However, unlike those companies, Spotify’s users are already coming to it for audio content, although not necessarily AI-generated audio. Spotify says its new Studio app is just for generating daily briefings, podcasts, and playlists, not music. I usually listen to podcasts because I want to hear what a show’s specific creators have to say about something. Would an AI-generated podcast of my next road trip itinerary be more engaging? Probably not for ...
Anthropic is reportedly in talks to use Microsoft’s AI chips as the company expands its computing infrastructure needs, the Information reported on Thursday. Microsoft Pushes Maia 200 As NVIDIA Alternative The discussions highlight Microsoft’s broader effort to position its in-house AI hardware as a competitive option within the rapidly growing AI infrastructure market. Anthropic Expands Azure Usa...
Anthropic is reportedly in talks to use Microsoft’s AI chips as the company expands its computing infrastructure needs, the Information reported on Thursday. Microsoft Pushes Maia 200 As NVIDIA Alternative The discussions highlight Microsoft’s broader effort to position its in-house AI hardware as a competitive option within the rapidly growing AI infrastructure market. Anthropic Expands Azure Usage The report also said Anthropic has been increasing its Azure server rentals, signaling rising demand for cloud-based AI computing capacity as AI model development and deployment scale further. Microsoft Expands AI Partnership Beyond OpenAI Microsoft has already integrated Anthropic’s Claude AI models into Office 365 applications, including Word, Excel, Outlook, and PowerPoint, marking a broader AI strategy beyond its long-standing partnership with OpenAI. Developers reportedly found Anthropic’s latest models outperformed OpenAI’s technology in certain tasks, including Excel financial functions and PowerPoint slide generation. The move means Microsoft will combine Anthropic and OpenAI models across its productivity software while continuing to build its own internal AI systems. Microsoft will also reportedly pay Amazon Web Services to access Anthropic’s models, despite AWS being both a cloud rival and a major Anthropic investor. Cramer Calls Microsoft’s Shift “Big” Jim Cramer said Microsoft’s decision to pay Amazon-backed Anthropic for AI technology signals a major strategic change after years of relying heavily on OpenAI. Cramer wrote on X that Microsoft paying Anthropic for products it believes are superior is “big,” highlighting growing competition and shifting alliances in the AI industry. Microsoft remains OpenAI’s largest financial backer, having invested more than $13 billion in the ChatGPT parent company. However, recent reports have highlighted tensions between the two companies over future access to and control of AI. Technical Analysis Microsoft is trading abov...
All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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Bitcoin ’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling. US spot-Bitcoin ETFs recorded their ninth-largest weekly outflow since their launch in early 2024, with $1.7 billion leaving funds in the five days through Monday, according to K33 Re...
Bitcoin ’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling. US spot-Bitcoin ETFs recorded their ninth-largest weekly outflow since their launch in early 2024, with $1.7 billion leaving funds in the five days through Monday, according to K33 Research. The timing was not coincidental: the selling arrived as Bitcoin approached $83,000 — the average price at which ETF holders are roughly flat on their investment. K33 tested whether proximity to that kind of price level tends to drive outflows. It does. When Bitcoin trades near the price most ETF investors paid for it, the odds of a heavy outflow day rise to above 10% — compared with just 3% when prices are comfortably higher. The closer prices get to breakeven, the more people head for the exit. “In other words, heavy outflow days are far more common when BTCUSD trades close to its cost basis,” said Vetle Lunde , head of research at K33. “We attribute this to market participants seeking to avoid losses.” The pain runs in both directions. Investors approaching breakeven from above sell to avoid going underwater. Investors approaching it from below sell to cut losses after a deep drawdown. Either way, the cost basis acts as a ceiling rather than a floor, a level where selling concentrates precisely when a recovery might otherwise gain traction. But the $83,000 represents another closely monitored level in the market: it’s roughly where Bitcoin’s 200-day moving average currently rests. The coin has historically tended to bump up against that threshold, as happened in March 2022, when it managed to rally until it hit that point, according to analysts at CryptoQuant, who called it “a key bear market ceiling.” The findings land at a dispiriting moment for Bitcoin’s broader momentum. The asset that spent 2024 riding a wave of mainstream legitimacy — new ETF wrappers, Wall ...
YieldMax COIN Option Income Strategy ETF ( CONY ) announces a weekly distribution of $0.3427, 39.14% lower than the prior week's distribution of $0.5631. The annual distribution rate is 70.06%, with an SEC yield of 2.58%. The return of capital is 96.49%. Payable May 22; for shareholders of record May 21; ex-div May 21. Source: Press Release More on YieldMax COIN Option Income Strategy ETF CONY: Op...
YieldMax COIN Option Income Strategy ETF ( CONY ) announces a weekly distribution of $0.3427, 39.14% lower than the prior week's distribution of $0.5631. The annual distribution rate is 70.06%, with an SEC yield of 2.58%. The return of capital is 96.49%. Payable May 22; for shareholders of record May 21; ex-div May 21. Source: Press Release More on YieldMax COIN Option Income Strategy ETF CONY: Options Income On Coinbase Global YieldMax COIN Option Income Strategy ETF announces weekly distribution of $0.4464 YieldMax COIN Option Income Strategy ETF announces weekly distribution of $0.5307 Seeking Alpha’s Quant Rating on YieldMax COIN Option Income Strategy ETF Dividend scorecard for YieldMax COIN Option Income Strategy ETF
Jarrod Agen, Executive Director of the National Energy Dominance Council, talks about how the White House is trying to drive down gasoline prices. He says the "war on oil and gas" is over. Agen says slashing the federal gas tax would save drivers 18 cents per gallon. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Jarrod Agen, Executive Director of the National Energy Dominance Council, talks about how the White House is trying to drive down gasoline prices. He says the "war on oil and gas" is over. Agen says slashing the federal gas tax would save drivers 18 cents per gallon. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
With the market chasing AI hyperscalers, income investors are getting an unusual gift: high-quality, asset-backed REITs trading in the single digits. True defensive dividend strategies target heavily discounted, asset-backed business models, and premium hotel and lodging REITs have experienced significant post-pandemic portfolio optimization. When you can buy a hard-asset cash-flow machine for und...
With the market chasing AI hyperscalers, income investors are getting an unusual gift: high-quality, asset-backed REITs trading in the single digits. True defensive dividend strategies target heavily discounted, asset-backed business models, and premium hotel and lodging REITs have experienced significant post-pandemic portfolio optimization. When you can buy a hard-asset cash-flow machine for under $20, the ... Want $400 in Ultra-Reliable Passive Income? Invest $5,000 Into This High-Yield Divid
The SPDR S&P Dividend ETF (NYSEARCA:SDY) is doing exactly what a yield-tilted dividend fund is supposed to do while the broader market wobbles: grinding higher while the broad market wobbles. SDY trades near $146, up 4% year to date after the S&P 500 finished Q1 2026 in negative territory. Over the past year, SDY has ... If Treasury Yields Jump Above 4.75%, Here’s What Happens to SDY
The SPDR S&P Dividend ETF (NYSEARCA:SDY) is doing exactly what a yield-tilted dividend fund is supposed to do while the broader market wobbles: grinding higher while the broad market wobbles. SDY trades near $146, up 4% year to date after the S&P 500 finished Q1 2026 in negative territory. Over the past year, SDY has ... If Treasury Yields Jump Above 4.75%, Here’s What Happens to SDY
Shiba Inu (SHIB 0.58%) was launched in 2020 as a parody of Dogecoin (DOGE +0.38%), which itself was a parody of Bitcoin (BTC 0.32%). It started trading at $0.00000000051 per token, set a record high of $0.00008845 in 2021, but now trades at about $0.0000057. In other words, a $1,000 investment in its market debut would have briefly blossomed to $173.4 million before shrinking back to roughly $11.2...
Shiba Inu (SHIB 0.58%) was launched in 2020 as a parody of Dogecoin (DOGE +0.38%), which itself was a parody of Bitcoin (BTC 0.32%). It started trading at $0.00000000051 per token, set a record high of $0.00008845 in 2021, but now trades at about $0.0000057. In other words, a $1,000 investment in its market debut would have briefly blossomed to $173.4 million before shrinking back to roughly $11.2 million today. That's still an impressive return for its earliest investors, but anyone who bought Shiba Inu at its all-time high is now underwater. Should contrarian investors buy Shiba Inu today, expecting it to recover during the next crypto summer? Or should they avoid it and stick with blue chip tokens like Bitcoin instead? The bull and bear case for Shiba Inu Shiba Inu can't be mined like Bitcoin or Dogecoin. It was created as an ERC-20 token on Ethereum's (ETH 0.20%) blockchain, and its creators minted its entire supply of one quadrillion tokens before its market debut. They gifted over half of those tokens to Ethereum's co-founder, Vitalik Buterin, who subsequently burned most of that stake. Shiba Inu still has a circulating supply of 589.5 trillion tokens as of this writing, so it can't be valued by its scarcity. It also doesn't natively support the development of decentralized apps or other crypto assets like Ethereum, since it doesn't have its own Layer 1 (L1) blockchain. Unlike Bitcoin and Ethereum, Shiba Inu isn't supported by any spot price ETFs. Expand CRYPTO : SHIB Shiba Inu Today's Change ( -0.58 %) $ -0.00 Current Price $ 0.00 Key Data Points Market Cap $3.4B Day's Range $ 0.00 - $ 0.00 52wk Range $ 0.00 - $ 0.00 Volume 62M The bears believe those limitations will prevent Shiba Inu from keeping pace with Bitcoin, valued by its scarcity, and Ethereum, valued by its utility. Over the past 12 months, Shiba Inu's price plunged by more than 60% -- while Bitcoin and Ether fell by 30% and 17%, respectively. The bulls will point out that Shibarium, a Layer 2 (L2)...
Danielle Poli, Managing Director and Co-Portfolio Manager of Global Credit at Oaktree Capital Management joined Bloomberg Open Interest to break down the hidden risks behind the AI boom, why higher interest rates may be here longer than markets expect, and where investors are still finding 8–10% yields. She warns that massive AI debt issuance could create future cracks in credit markets, especiall...
Danielle Poli, Managing Director and Co-Portfolio Manager of Global Credit at Oaktree Capital Management joined Bloomberg Open Interest to break down the hidden risks behind the AI boom, why higher interest rates may be here longer than markets expect, and where investors are still finding 8–10% yields. She warns that massive AI debt issuance could create future cracks in credit markets, especially in private credit and leveraged loans. (Source: Bloomberg)
NVIDIA (NASDAQ:NVDA) just delivered one of the most consequential quarters in semiconductor history, and the stock is responding. After a 66.34% one-year run and a fresh post-earnings bid, investors want to know how much room is left. Our 24/7 Wall St. price target for NVIDIA is $272.19, implying 21.8% upside from $223.47. We rate the ... Nvidia Price Prediction: After Record Earnings, Here Is How...
NVIDIA (NASDAQ:NVDA) just delivered one of the most consequential quarters in semiconductor history, and the stock is responding. After a 66.34% one-year run and a fresh post-earnings bid, investors want to know how much room is left. Our 24/7 Wall St. price target for NVIDIA is $272.19, implying 21.8% upside from $223.47. We rate the ... Nvidia Price Prediction: After Record Earnings, Here Is How High The Stock Will Rally
SoFi Technologies (NASDAQ:SOFI) minted its own stablecoin on a public blockchain and signed Mastercard to settle it globally. Yet shares are down 40.07% year to date and trading at $15.69. The Q1 earnings report showed $12.18 billion in loan originations, up 68% year over year, and management is guiding to $4.655 billion in adjusted net ... Can SoFi Hit $50 by 2030?
SoFi Technologies (NASDAQ:SOFI) minted its own stablecoin on a public blockchain and signed Mastercard to settle it globally. Yet shares are down 40.07% year to date and trading at $15.69. The Q1 earnings report showed $12.18 billion in loan originations, up 68% year over year, and management is guiding to $4.655 billion in adjusted net ... Can SoFi Hit $50 by 2030?
Douglas Rissing More than half of investors surveyed by Bank of America now believe the Federal Reserve has either already met the conditions for a rate hike or will do so if core inflation continues climbing—even without weakness in the labor market. According to BofA Securities analyst Aditya Bhave, the survey reveals a distinctly hawkish market mindset. The largest group of respondents, at 22%,...
Douglas Rissing More than half of investors surveyed by Bank of America now believe the Federal Reserve has either already met the conditions for a rate hike or will do so if core inflation continues climbing—even without weakness in the labor market. According to BofA Securities analyst Aditya Bhave, the survey reveals a distinctly hawkish market mindset. The largest group of respondents, at 22%, said the minimum threshold for a hike by year-end would be core PCE inflation running between 3.0% and 3.5% with unemployment below 4.0%. Another 19% predicted hikes if core PCE reaches 3.5% to 4.0%, regardless of jobless figures, while an additional 19% set the trigger at core PCE hitting 4% or higher. Only 14% of respondents believe the Fed will refrain from hiking rates this year, signaling a decisive shift away from the cuts-only mindset that prevailed in recent months. The latest core PCE inflation reading was 3.2% Y/Y in March, while the unemployment rate was 4.3% in April. Bank of America Securities More on United States 2-Year Bond Yield, iShares 1-3 Year Treasury Bond ETF, etc. A Turning Point: Sovereign Bond Yields Soaring Treasury Yields Take The Wheel The Surging U.S. Treasury Yield: Can Stablecoins Help? Is the next Fed chair a true QT threat? Bond market selloff may be just the beginning - TS Lombard's Blitz