Persistent inflation concerns are reshaping expectations for U.S. monetary policy, as investors increasingly question whether the Federal Reserve’s next move could be another interest rate hike rather than the cuts markets anticipated earlier this year. Sentiment shifted after recent Consumer Price Index and Producer Price Index reports both came in above Wall Street forecasts, reinforcing worries...
Persistent inflation concerns are reshaping expectations for U.S. monetary policy, as investors increasingly question whether the Federal Reserve’s next move could be another interest rate hike rather than the cuts markets anticipated earlier this year. Sentiment shifted after recent Consumer Price Index and Producer Price Index reports both came in above Wall Street forecasts, reinforcing worries that inflationary pressures remain stubbornly elevated across the economy. Earlier in 2026, traders widely expected the Fed to begin easing policy as growth slowed and inflation moderated. However, prediction market platform Kalshi now shows traders assigning more than a 50% probability that the Fed’s next rate increase will occur before July 2027. The change in expectations highlights growing uncertainty surrounding the central bank’s longer-term path as policymakers continue balancing inflation risks against economic growth concerns. Outlined below is what traders on Kalshi are forecasting when asked, when will the next Fed rate hike take place: Before July 2026, 2% chance. Before 2027, 34% chance. Before July 2027, 53% chance. Before 2028, 65% chance. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets Dividend Roundup: Chevron, 3M, Lockheed Martin, Carnival Corporation, and more Wall Street rally masks rising number of oversold S&P 500 stocks Treasury yields surge toward one-year highs as inflation fears grip Wall Street Top 20 stocks fueling the S&P 500 north of 7,500 Dow crosses 50K and these 10 names have been the index's YTD leaders
The Memorial Day deals have arrived — err, at least some of them. BioLite, purveyors of all things solar, has kicked off a larger holiday promo ahead of May 26th, resulting in reduced pricing on smokeless fire pits , headlamps , and solar-powered stoves , just in time for summer. The company’s Site Lights are also on sale at Amazon , REI , and direct from BioLite for $74.89 ($25 off) through May 2...
The Memorial Day deals have arrived — err, at least some of them. BioLite, purveyors of all things solar, has kicked off a larger holiday promo ahead of May 26th, resulting in reduced pricing on smokeless fire pits , headlamps , and solar-powered stoves , just in time for summer. The company’s Site Lights are also on sale at Amazon , REI , and direct from BioLite for $74.89 ($25 off) through May 26th, which is the best price we’ve seen on the excellent solar-powered lighting system. BioLite Site Lights Where to Buy: $99.95 $74.89 at Amazon $99.95 $74.89 at BioLite $99.95 $74.89 at REI While still somewhat expensive for a six-bulb set, I’ve found the Site Lights to be worth it given their sheer convenience and versatility. Each IPX4-rated bulb can illuminate your campsite for up to 20 hours on the lowest brightness setting — or six hours on the highest — letting you light a path back to your tent or blanket a 1,000-square-foot area with ambient mood lighting. What’s more, the hangeable lights can easily slot onto the six included ABS stakes, which also double as tent pegs when necessary. It’s a nifty trick, though I do wish the attachment mechanism for mounting the lights was slightly more secure. The mounting options are only part of the equation, though. The Site Lights come with a solar-powered charging case that functions similarly to a set of wireless earbuds. The clamshell charger provides enough juice to charge each shatterproof bulb at least twice on a full battery, and when they’re diminished, you just plop them in like you would a set of AirPods. Zepath’s rechargeable AA batteries use a similar charging technique, which, as we’ve mentioned before , is super useful because it means you don’t have to plug in each cell individually . I just wish I lived in a state where sunshine was easier to come by. window.HYPE_DESK_CONFIG = { productImageUrl: "https://platform.theverge.com/wp-content/uploads/sites/2/2026/05/FY25Q4-Firefly-Max-LA-affiliate-VideoEditor-Marker...
gorodenkoff/iStock via Getty Images This monthly article series provides a top-down analysis of the information technology sector, based on industry metrics focusing on value, quality, and momentum. It may also help analyze sector ETFs such as State Street Technology Select Sector SPDR ETF ( XLK ), whose largest holdings are used to calculate these metrics. This article focuses on a fund combining...
gorodenkoff/iStock via Getty Images This monthly article series provides a top-down analysis of the information technology sector, based on industry metrics focusing on value, quality, and momentum. It may also help analyze sector ETFs such as State Street Technology Select Sector SPDR ETF ( XLK ), whose largest holdings are used to calculate these metrics. This article focuses on a fund combining exposure to technology and dividend growth: ProShares S&P Technology Dividend Aristocrats ETF ( TDV ). Shortcut The next two paragraphs in italics describe the dashboard methodology. They are necessary for new readers to understand the metrics. If you are used to this series or if you are short of time, you can skip them and go to the charts. Base Metrics I calculate the median value of five fundamental ratios for each industry: Earnings Yield ("EY"), Sales Yield ("SY"), Free Cash Flow Yield ("FY"), Return on Equity ("ROE"), Gross Margin ("GM"). The reference universe includes large companies in the U.S. stock market. The five base metrics are calculated on the trailing 12 months. For all of them, higher is better. EY, SY, and FY are medians of the inverse of Price/Earnings, Price/Sales, and Price/Free Cash Flow. They are better for statistical studies than price-to-something ratios, which are unusable or unavailable when the "something" is close to zero or negative (for example, companies with negative earnings). I also look at two momentum metrics for each group: the median monthly return (RetM) and the median annual return (RetY). I prefer medians to averages because a median splits a set into a good half and a bad half. A capital-weighted average is skewed by extreme values and the largest companies. My metrics are designed for stock-picking rather than index investing. Value and Quality Scores I calculate historical baselines for all metrics. They are noted respectively as EYh, SYh, FYh, ROEh, and GMh, and they are calculated as the averages on a look-back period of 1...
In a time when a lot of restaurant stocks are causing a bout of indigestion for shareholders, Cava Group (NYSE: CAVA) offers the potential of a winning recipe. The fast-growing chain offering fresh takes on Mediterranean and Greek-inspired food is cultivating a growing fan base. It's one of the few fast-casual concepts still posting positive store-level comps, for now. That winning streak could en...
In a time when a lot of restaurant stocks are causing a bout of indigestion for shareholders, Cava Group (NYSE: CAVA) offers the potential of a winning recipe. The fast-growing chain offering fresh takes on Mediterranean and Greek-inspired food is cultivating a growing fan base. It's one of the few fast-casual concepts still posting positive store-level comps, for now. That winning streak could end next week. Cava's historically positive year-over-year growth at the individual store level has been decelerating sharply over the past year. With economic and even dietary trends gnawing away at restaurant operators, the chain could be on the verge of posting its first decline in same-restaurant sales as a public company. Image source: Cava Group. Continue reading
Canada’s Intact Financial Corp is said to be exploring offer, as London-listed Tate & Lyle attracts US suitor Shares in Hiscox surged to record highs on Friday as it became the latest UK takeover target after a flurry of overseas bids for British businesses this week. Canada’s Intact Financial Corp, which provides property and casualty insurance, is said to be exploring a potential takeover of Llo...
Canada’s Intact Financial Corp is said to be exploring offer, as London-listed Tate & Lyle attracts US suitor Shares in Hiscox surged to record highs on Friday as it became the latest UK takeover target after a flurry of overseas bids for British businesses this week. Canada’s Intact Financial Corp, which provides property and casualty insurance, is said to be exploring a potential takeover of Lloyd’s of London insurer Hiscox, according to a report by the Insurance Post. Continue reading...
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been the shortest tenure as a governor in 71 years, he appears convinced his ideas are ...
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been the shortest tenure as a governor in 71 years, he appears convinced his ideas are right. But in a CNBC interview, Miran, 42, made clear that the reality of working at the Fed has tempered his views about how fast those changes can be made. Change is slower than he envisioned. The Fed is "really a committee," Miran said. "It's different than an agency where there's a very clear executive who just runs the show, and what he or she says goes, and if you don't like it, you're out." That observation is important for two reasons: First, Miran could return as a governor, potentially before the end of President Donald Trump's term. Second, incoming Chair Kevin Warsh shares some of Miran's big ideas. Warsh was confirmed as the next chair on Wednesday and will take the board seat Miran is vacating. The two won't overlap. But Warsh will be forced to reckon with the reality Miran has encountered: a Federal Reserve full of people with their own economic ideas and where institutional change is often glacial. "You've got to convince people," said Miran, who took his seat in September 2025, filling a position vacated by Adriana Kugler. Miran said the Fed's policymakers and staff treated his ideas with an open mind, despite sharp criticisms from outside the building that he represented a threat to Fed independence. He initially chose not to resign his position as chair of the White House Council of Economic Advisers under Trump while serving at the Fed. He described that as aimed at saving himself the trouble of what could have been a third Senate confirmation in a brief span, but the decision landed poorly amid Trump's campaign to undermine Powell. Miran resigned the Wh...
The highly anticipated SpaceX IPO could value the Elon Musk-led space company at $1.5 trillion or more. While that would make the newly public companies one of the most valuable in the world, investor Ron Baron thinks there's still plenty...
The highly anticipated SpaceX IPO could value the Elon Musk-led space company at $1.5 trillion or more. While that would make the newly public companies one of the most valuable in the world, investor Ron Baron thinks there's still plenty...
Labour must rise to a historic responsibility by choosing a leader who can win over the nation. The alternative is Farage on the steps of No 10 They’re looking like the gang that couldn’t shoot straight . Labour’s upper echelon, both the prime minister and his rivals, have served up a performance of such political ineptitude, walking into doors and tripping over their own feet, that it’s hard to a...
Labour must rise to a historic responsibility by choosing a leader who can win over the nation. The alternative is Farage on the steps of No 10 They’re looking like the gang that couldn’t shoot straight . Labour’s upper echelon, both the prime minister and his rivals, have served up a performance of such political ineptitude, walking into doors and tripping over their own feet, that it’s hard to argue with the cabinet minister who glumly told me this was the week when the government did itself damage that can never be repaired, if not the week that Labour confirmed its defeat at the next general election. As so often, the lead was set from the top. Keir Starmer’s allies had billed his speech on Monday as a major address, one that would meet the scale of the moment and recognise the need for Labour to chart a new course, given the shellacking the party had suffered at the hands of voters in England, Scotland and Wales on 7 May. Jonathan Freedland is a Guardian columnist Continue reading...
Turkey’s Kontrolmatik Enerji ve Muhendislik defaulted on two separate lira bonds that matured on Friday, according to a statement by Turkey’s Central Securities Depository, marking a rare corporate debt default in the country’s local bond market. The Turkish technology and engineering company failed to make the scheduled payment on two TLRef-indexed floating rate bonds due May 15, the depository s...
Turkey’s Kontrolmatik Enerji ve Muhendislik defaulted on two separate lira bonds that matured on Friday, according to a statement by Turkey’s Central Securities Depository, marking a rare corporate debt default in the country’s local bond market. The Turkish technology and engineering company failed to make the scheduled payment on two TLRef-indexed floating rate bonds due May 15, the depository said. The statement did not provide details on the reason for the missed payments or whether a restructuring was under discussion. The regulator’s statement is related to a 200-million-lira bond with a one year maturity and a 250-million-lira bond that matured in two years. Corporate bond defaults remain relatively uncommon in Turkey, where companies have traditionally relied more heavily on bank loans than capital markets for funding. The Istanbul-based company that listed in 2020 has a market capitalization of about 11 billion liras ($242 million). The firm emerged as one of the standout performers on the Borsa Istanbul in the years following the pandemic, buoyed by strong retail investor demand for shares linked to energy infrastructure and technology. Its shares have come under pressure in recent years amid tighter financial conditions. The stock has fallen 84% from its peak in September 2023 and closed 10% lower at 8.46 liras in Istanbul. Last month, Chairman Sami Aslanhan and deputy chairman Omer Unsalan sold shares, cutting their stakes to less than 5% each, according to exchange filings.
monsitj/iStock via Getty Images I previously rated AppLovin ( APP ) as a Buy in February 2026, given the improved margin of safety from the bottoming stock prices. In this article, I shall discuss why I am reiterating my Buy rating for the APP stock here, thanks to their highly profitable ad-tech monetization opportunities. APP Delivers Excellent Ad-Tech Monetization APP 1Y Stock Price (Trading Vi...
monsitj/iStock via Getty Images I previously rated AppLovin ( APP ) as a Buy in February 2026, given the improved margin of safety from the bottoming stock prices. In this article, I shall discuss why I am reiterating my Buy rating for the APP stock here, thanks to their highly profitable ad-tech monetization opportunities. APP Delivers Excellent Ad-Tech Monetization APP 1Y Stock Price (Trading View) Since my last Buy rating, APP has outperformed with a stock price return of +27.7% compared to the wider market at +8.5%, with a similar recovery also observed in its ad-tech peers in varying degrees. 1. AI Driving Improved Ad Targeting Much of their tailwinds are attributed to AI driving their accelerated advertising growth prospects: A.I. has fueled a digital ad boom because the technology can instantly sift through large amounts of information... It is collecting deeper insights into users’ interests, which improves the companies’ ability to target ads. And it is reducing advertising costs, which frees up money for bigger campaigns. ( The New York Times ) The same has been reported by APP, with their prior upgrade in ad-tech technology to AXON 2.0 in early 2023 already driving their accelerated advertising monetization trends, thanks to the improved audience targeting and the higher Return on Ad Spend [ROAS]. This is significantly aided by their diversification beyond in-app game advertising to web based marketing/ e-commerce opportunities in early 2024 , allowing them to expand their Total Addressable Market [TAM]: We've had a lot of fast growth quarters since. I think it's been 12 straight. And almost -- most of that has been attributed to two things. One is releasing new products... And the second and more important is improving the underlying model... As we add more advertisers, we get more data, then we can build a more sophisticated model that can process it and create better output. So we've been continuously doing that. ( Seeking Alpha ) The same has been ref...
Goldman Sachs Group Inc. is sounding out investors about a significant risk transfer tied to a portfolio of loans to private market funds. The New York-based investment bank is assessing demand for an SRT linked to a portfolio of subscription lines, according to people familiar with the matter who asked not to be identified because the discussions are private. Final terms of the transaction are be...
Goldman Sachs Group Inc. is sounding out investors about a significant risk transfer tied to a portfolio of loans to private market funds. The New York-based investment bank is assessing demand for an SRT linked to a portfolio of subscription lines, according to people familiar with the matter who asked not to be identified because the discussions are private. Final terms of the transaction are being discussed with investors, said the people, adding that the reference portfolio is worth billions of dollars. A representative for Goldman Sachs declined to comment. The lender is a regular issuer of SRTs, and has used them in the past to offload risk related to private funds . Bank of America Corp. and NatWest Group Plc are among other banks that have marketed or considered this kind of risk transfer. The fund finance market has surged past $1 trillion, Moody’s Ratings said in a report last month, as money managers make ever greater use of subscription lines. These facilities are typically extended to private equity and credit firms to help them manage liquidity and bolster returns. The financing, which is secured by undrawn capital pledged by the fund’s investors, can help managers close deals quickly, and cover costs if exits are delayed. Confidence in private credit has been shaken recently by the collapse of some non-bank lenders and concerns that many borrowers are heavily exposed to software companies threatened by artificial intelligence. Retail investors have pulled money out of some private credit vehicles, prompting managers to limit redemptions. Separately, Mitsubishi UFJ Financial Group is also in talks with investors to offload risk tied to loans to private credit funds, the Financial Times reported earlier this week, citing unidentified people familiar with the matter. The risk transfer is linked to about $2 billion of credit lines for listed business development companies, vehicles that are widely used by private credit funds, the FT reported. A Tokyo-bas...
The meteoric rise of Bloom Energy (NYSE: BE) stock continued this week, even with a sharp pullback on Friday. Bloom shares have soared 1,300% over the last year as investors have realized its solid-oxide fuel cell systems are a perfect solution for data center power needs. The stock has jumped another 7% this week as of midday Friday, according to data provided by S&P Global Market Intelligence . ...
The meteoric rise of Bloom Energy (NYSE: BE) stock continued this week, even with a sharp pullback on Friday. Bloom shares have soared 1,300% over the last year as investors have realized its solid-oxide fuel cell systems are a perfect solution for data center power needs. The stock has jumped another 7% this week as of midday Friday, according to data provided by S&P Global Market Intelligence . Shares hit an all-time high during this week's move, and investors might be wondering whether there is still room for the stock to march higher. Continue reading
Financial stocks have made up the worst-performing sector year to date, and within the sector, bank stocks have struggled. Over the past year, bank stocks have returned about 17%, which lags the S&P 500 , and are down roughly 7% year to date. With the challenges for the industry come opportunities, however, as investors can find some great bank stocks at very cheap valuations. And the best value a...
Financial stocks have made up the worst-performing sector year to date, and within the sector, bank stocks have struggled. Over the past year, bank stocks have returned about 17%, which lags the S&P 500 , and are down roughly 7% year to date. With the challenges for the industry come opportunities, however, as investors can find some great bank stocks at very cheap valuations. And the best value among bank stocks right now is Bank of America (NYSE: BAC) . Image source: Getty Images. Continue reading
Musical Chairs By Molly Schwartz, cross-asset macro strategist at Rabobank Yesterday, Trump spoke with Xi in Beijing . While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “ offered help ” on Iran and “ pledged not to send weapons .” What they did not manage to evade was a conversation about Taiw...
Musical Chairs By Molly Schwartz, cross-asset macro strategist at Rabobank Yesterday, Trump spoke with Xi in Beijing . While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “ offered help ” on Iran and “ pledged not to send weapons .” What they did not manage to evade was a conversation about Taiwan. During the two and a half hour conversation with Trump, Xi underscored that US intervention in Taiwan could trigger a “highly dangerous situation .” While Rubio underscored that the topic of American arms sales to Taiwan wasn’t a major focus of discussion, it likely will be when Congress’ approved USD 14bn arms sale to Taiwan lands on Trump’s desk, and again when Xi visits the White House in September. While the US and China are stalled in the geopolitical arena, the financial scene seems to be bearing fruit. Treasury secretary Scott Bessent announced that conversations around the creation of a “Board of Investment” were underway, and that tariffs would be reduced or removed for products that the US doesn’t plan on reshoring, like fireworks . China also agreed to buy 200 “big” Boeing planes, according to Trump, which would mark the first significant Chinese purchase of Boeing jets since the last time Trump went to Beijing in 2017. China also hinted that they may intend to buy more US energy to compensate for flows disrupted by the war. Though Iran didn’t appear to produce much in the way of headlines, the Strait is still closed, and Brent crude oil is still trading above $100/bbl at $106/bbl at the time of writing . According to Reuters , the IRGC announced that some 30 vessels have crossed the Strait since Wednesday ( with Tehran’s permission ), and transit is being permitted for “some” Chinese vessels. US Treasury yields closed higher after hotter-than-expected trade price data for April printed, with import prices up 1.9% m/m and export prices up 3.3% m/m. These were...
Morgan Stanley lowered its price target on Figma (NYSE:FIG) to $38 from $44, maintaining an Equal Weight rating following the design software maker’s first-quarter results. The price target cut arrives despite a second straight quarter of accelerating revenue growth to 46% year over year, highlighting an unusual tension in the analyst community. Piper Sandler analyst ... Morgan Stanley Cuts Figma ...
Morgan Stanley lowered its price target on Figma (NYSE:FIG) to $38 from $44, maintaining an Equal Weight rating following the design software maker’s first-quarter results. The price target cut arrives despite a second straight quarter of accelerating revenue growth to 46% year over year, highlighting an unusual tension in the analyst community. Piper Sandler analyst ... Morgan Stanley Cuts Figma Price Target Despite 46% Revenue Growth: Is AI Competition the Risk?
hapabapa The value of the Public Investment Fund, the Saudi sovereign fund, fell 7.3% in line with market declines in Q1, according to its 13F filing on Friday. It showed no changes in its stock investments. Its holdings are: 1.28M shares of Claritev ( CTEV ) valued at $20.9M; 24.8M shares of Electronic Arts ( EA ) valued at $5.06B; 177.1M shares of Lucid Group ( LCID ) valued at $1.69B; 72.8M sha...
hapabapa The value of the Public Investment Fund, the Saudi sovereign fund, fell 7.3% in line with market declines in Q1, according to its 13F filing on Friday. It showed no changes in its stock investments. Its holdings are: 1.28M shares of Claritev ( CTEV ) valued at $20.9M; 24.8M shares of Electronic Arts ( EA ) valued at $5.06B; 177.1M shares of Lucid Group ( LCID ) valued at $1.69B; 72.8M shares of Uber Technologies ( UBER ) valued at $5.24B. Absent from the Q1 filing are warrants for 1.15M shares of Allurion Technologies expiring in 2030, an item that was included in the Q4 document. More on Uber, Claritev, etc. Uber: 2026 AI Budget Blown, But Margin Expansion Should Boost FCF Uber: Accelerating Flywheel With Superapp And Robotaxis Upside Claritev Corporation (CTEV) Presents at Bank of America Global Healthcare Conference 2026 Transcript SoftBank exits Circle Internet, Uber; cuts stake in T-Mobile among top Q1 moves Claritev falls amid report of DOJ antitrust investigation
Jonathan Kitchen Wedbush analyst Dan Ives predicts the Nasdaq will reach 30,000 within the next six to nine months, driven by big tech and the expanding AI chip sector. Ives made the bold forecast following Cerebras’s blockbuster IPO, which saw gains exceeding $4 billion—the best single-day IPO performance since 2000. In an interview with Bloomberg Television, Ives described the Cerebras ( CBRS ) ...
Jonathan Kitchen Wedbush analyst Dan Ives predicts the Nasdaq will reach 30,000 within the next six to nine months, driven by big tech and the expanding AI chip sector. Ives made the bold forecast following Cerebras’s blockbuster IPO, which saw gains exceeding $4 billion—the best single-day IPO performance since 2000. In an interview with Bloomberg Television, Ives described the Cerebras ( CBRS ) IPO as “a watershed moment for the tech sector,” noting that investor appetite for AI-exposed companies remains exceptionally high. He characterized the current AI boom as still being in its early stages, saying the market is in “the third inning” of a “nine-inning baseball game.” Ives dismissed bearish perspectives on the tech sector, pointing to accelerating demand he witnessed during a recent trip to Asia. “When I was in Asia just a few weeks ago, demand the spots accelerated 20% quarter over quarter,” he explained. The analyst said he would only become concerned if companies began slowing their pace of AI-related spending, which he has not observed. The chip trade will continue to climb due to overwhelming demand relative to supply, according to Ives, who noted that Nvidia's ( NVDA ) demand-to-supply ratio stands at 10 to one. He expects AMD shares to rise at least another 20% and sees positive momentum spreading to Intel and other semiconductor companies as second, third, and fourth derivative plays on the AI revolution. Regarding OpenAI ( OPENAI ), which has faced negative headlines, including a reported breakdown in its relationship with Apple ( AAPL ), Ives remained optimistic. “The narrative is a bit negative, but I think that’s actually much different than the reality,” he said, adding that OpenAI will be “one of the foundations of the AI revolution” despite near-term challenges. Ives characterized the Cerebras offering as “the appetizer” to what’s coming, with highly anticipated IPOs from SpaceX ( SPACE ), OpenAI, and Anthropic still on the horizon. While acknowl...