LD Wells Fargo is maintaining its forecast for two Federal Reserve interest rate cuts in 2026, even after recent inflation data came in hotter than expected and raised fresh concerns about the path of consumer prices. The bank said elevated inflation tied to geopolitical tensions, including the ongoing conflict involving Iran, is likely to keep Federal Reserve policymakers cautious in the near ter...
LD Wells Fargo is maintaining its forecast for two Federal Reserve interest rate cuts in 2026, even after recent inflation data came in hotter than expected and raised fresh concerns about the path of consumer prices. The bank said elevated inflation tied to geopolitical tensions, including the ongoing conflict involving Iran, is likely to keep Federal Reserve policymakers cautious in the near term and reinforce a “wait-and-see” stance on monetary policy. Recent Consumer Price Index and Producer Price Index reports both exceeded economists’ expectations, fueling speculation that the Fed could delay easing measures. Despite those inflationary pressures, Wells Fargo believes underlying weakness in the labor market will ultimately push the central bank toward additional policy support later this year. While labor conditions have shown some signs of stabilization, the firm said risks remain tilted toward slower economic momentum and softer employment trends. As a result, Wells Fargo continues to project a total of 50 basis points in rate reductions during 2026. The bank currently expects the Fed to deliver two 25-basis-point cuts at its October and December Federal Open Market Committee meetings, a slightly later timeline than previously anticipated, it noted. 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 Hot CPI and PPI reports ignite new inflation fears U.S. Misery Index climbs to 3-year high as inflation and unemployment rise US2Y reclaims 4% as yields climb on hotter than expected PPI report Trump says trade talks will take center stage in high-stakes summit with Xi SpaceX may become the largest company on the planet, says Ron Baron
The post Missed Nvidia? Missed Tesla? The ‘ChatGPT of Marketing’ Is Available at $0.91/Share — With the Round Closing Soon by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. In 1999, $1,000 at Nvidia’s IPO would be worth over $2.5M today. In 2010, that same amount invested in Tesla’s 2010 IPO would be worth over $300,000 today. RAD Intel could...
The post Missed Nvidia? Missed Tesla? The ‘ChatGPT of Marketing’ Is Available at $0.91/Share — With the Round Closing Soon by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. In 1999, $1,000 at Nvidia’s IPO would be worth over $2.5M today. In 2010, that same amount invested in Tesla’s 2010 IPO would be worth over $300,000 today. RAD Intel could be the next early-stage story investors talk about, and right now it’s available at $0.91/share its their Reg A+ round, with this round ending soon . RAD Intel pairs its AI driven platform with AIBO — Artificial Intelligence Buyout Strategy — to scale performance across an entire portfolio of Fortune 1000 brands and tier 1 acquisitions. They plug each into the platform, and their performance scales quickly. RAD Intel comes to market with: An executive team with experience across more than 225 M&A transactions Over $75M raised to date and reported 4,900% valuation growth over four years* Marketing division has delivered up to 4X ROI for direct clients like Hasbro, MGM, and Skechers. Agency partners leveraging our award-winning AI across brands like F1, Porsche, L’Oréal, Sephora, the World Cup, Nissan, and more.** Backing from Adobe, along with 20,000+ investors, including insiders from Google, Meta, Amazon, and YouTube.** Capitalizing On a 14-Year AI Head Start Global advertising holding companies like WPP, IPG, and Publicis are actively buying into the AI infrastructure that guides reach, relevance, and ROI. RAD Intel already operates on that layer with a fourteen-year head start and a platform that is scaling across direct enterprise clients and agency partner activations. Fast Company called RAD Intel “a groundbreaking step for the Creator Economy.” Sales contracts in 2025 have already more than doubled 2024 levels. What the Platform Solves: Audience: A real-time look into conversations happening online relevant to a brand. Pinpoint who is in-market and why. Map topics, ...
Elon Musk and Sam Altman had very different experiences while testifying at a trial that will determine OpenAI's future , including who runs it, where its research funding comes from, and who can profit from its boldest new technologies. Musk—who filed the lawsuit alleging that OpenAI under its current leadership has abandoned its nonprofit mission to build AI that benefits humanity and instead se...
Elon Musk and Sam Altman had very different experiences while testifying at a trial that will determine OpenAI's future , including who runs it, where its research funding comes from, and who can profit from its boldest new technologies. Musk—who filed the lawsuit alleging that OpenAI under its current leadership has abandoned its nonprofit mission to build AI that benefits humanity and instead serves to enrich people like Altman— spent three grueling days on the stand . At times, he lost his temper, as OpenAI's lawyer, William Savitt, tried to poke holes in Musk's claims that OpenAI executives teamed up with Microsoft to "steal a charity" after duping Musk into donating $38 million in early funding. On Tuesday, Altman did not face such a grilling from Musk's lawyer, Steven Molo. Instead, Altman appeared jittery at first but steeled his nerves rather quickly. He hopped off the stand after about four hours of rather calmly discussing evidence that he's hoping shows that Musk's claims about OpenAI's for-profit restructuring are disingenuous. Since Musk filed the lawsuit, Altman has insisted that Musk is only after revenge, supposedly stemming from his jealousy that he was not picked as OpenAI's CEO and that his rival company, xAI, now lags behind. Read full article Comments
Qt Group Oyj press release ( QTGPF ): Q1 GAAP EPS of EUR 0.01. Revenue of EUR 52.7M (+11.7% Y/Y). More on Qt Group Oyj Qt Group Oyj (QTGPF) Q1 2026 Earnings Call Transcript Qt Group Oyj 2025 Q4 - Results - Earnings Call Presentation Qt Group Oyj (QTGPF) Q4 2025 Earnings Call Transcript Historical earnings data for Qt Group Oyj Financial information for Qt Group Oyj
Qt Group Oyj press release ( QTGPF ): Q1 GAAP EPS of EUR 0.01. Revenue of EUR 52.7M (+11.7% Y/Y). More on Qt Group Oyj Qt Group Oyj (QTGPF) Q1 2026 Earnings Call Transcript Qt Group Oyj 2025 Q4 - Results - Earnings Call Presentation Qt Group Oyj (QTGPF) Q4 2025 Earnings Call Transcript Historical earnings data for Qt Group Oyj Financial information for Qt Group Oyj
Tesla’s (TSLA) worldwide EV story is looking a bit vulnerable. The car company that appeared to be dictating the pace of the electric vehicle market has spent the past year trying to regain momentum in some of its key locations. Chinese competitors have been quicker on pricing, Europe has grown ...
Tesla’s (TSLA) worldwide EV story is looking a bit vulnerable. The car company that appeared to be dictating the pace of the electric vehicle market has spent the past year trying to regain momentum in some of its key locations. Chinese competitors have been quicker on pricing, Europe has grown ...
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Tuesday, May 12, 2026. Bonnie Cash | Bloomberg | Getty Images Prediction market traders think President Donald Trump will make some major announcements in his trip to meet with Chinese President Xi Jinping in Beijing. Traders on Kalshi give an 86% chanc...
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Tuesday, May 12, 2026. Bonnie Cash | Bloomberg | Getty Images Prediction market traders think President Donald Trump will make some major announcements in his trip to meet with Chinese President Xi Jinping in Beijing. Traders on Kalshi give an 86% chance that he will announce China will buy aircraft from domestic manufacturer Boeing . That belief is shared with Wall Street, as Boeing's stock advanced nearly 2% on Wednesday ahead of the meeting. "The speculation is that Trump wants this to be the largest order ever announced, which could mean a Boeing purchase commitment in the triple-digit billions," wrote Tobin Marcus, head of U.S. politics and policy at Wolfe Research, in a note. "Investors will need to await clarification from the company about how 'real' those numbers are and what specific airframes are included." Traders are also placing more than 81% odds that Trump will announce an extension of the U.S.-China tariff truce . In their October deal, China agreed to pause export controls on rare earths while the U.S. cut tariffs on the country related to fentanyl to 10% from 20%. Barclays predicted that tariff might move a few percentage points lower if China purchases aircraft, as well as American oil and soybeans. While Kalshi traders see a 79% chance a soybean purchase is announced, oil purchases have a much lower probability at just 24%. Traders also think there's a 69% chance a U.S.-China Board of Trade is announced. This is a key goal of U.S. Trade Representative Jamieson Greer, Wolfe's Marcus noted. "We suspect that this will be done primarily through ongoing purchase commitments, with the Board of Trade eliciting a centralized answer from the CCP about what China will buy from the US to mitigate their bilateral trade surplus," he wrote. Trump told reporters on Tuesday as he departed for the trip that while he e...
The Zacks Advertising and Marketing industry's prospects look good on healthy service activities. PUBGY, OMC and QUAD are likely to ride on the digital marketing surge and client-centric strategies.
The Zacks Advertising and Marketing industry's prospects look good on healthy service activities. PUBGY, OMC and QUAD are likely to ride on the digital marketing surge and client-centric strategies.
A quick glimpse at the sector ETFs since the March 30 low tells us what we already know. There's outperformance, and then there's what Technology has done versus the rest of the market over the last six weeks — complete domination. But we know one thing: it can't last forever. What we don't know is when the group finally sees some profit taking and how the rest of the market will respond when that...
A quick glimpse at the sector ETFs since the March 30 low tells us what we already know. There's outperformance, and then there's what Technology has done versus the rest of the market over the last six weeks — complete domination. But we know one thing: it can't last forever. What we don't know is when the group finally sees some profit taking and how the rest of the market will respond when that happens. For this uptrend to continue, it would most likely need to morph into a slower, more consistent (even boring) trading environment, much like we saw from May–October 2025. For that to happen, we'll need to see rotation. First, let's take a look at an important ratio: S & P 500 vs. RSP Equal Weight S & P 500 . Despite the SPX continuing to make new highs, equal-weight performance has once again lagged, meaning the largest stocks have remained firmly in control. This is widely understood. We'll recall that the non-tech outperformance from late 2025 through the first quarter of 2026 helped spike this ratio line, but that leadership shift quickly faded, and the ratio has rolled over once again. Now, with the RSP/SPX ratio approaching new relative lows and momentum getting close to oversold territory again, an important question emerges: is this extreme discrepancy between market-cap-weighted and equal-weight performance due for another reversal? If breadth begins to improve, it could signal that participation beneath the surface is finally broadening once again. That has yet to happen, but it may soon. The good news is that many key ETFs have built bases that are close to being triggered. Any of the other 10 sectors could stand to benefit, but three in particular are sporting potentially constructive chart formations that we'll focus on today: XLF Financials, XLI Industrials, and XLC Communication Services. Financials: The potential bullish pattern If tech is, indeed, going to cool off soon, we'll likely need the large, non-growth sectors to begin contributing more mea...
Jonathan Ernst "The Iran shock has upended the inflation environment," Minneapolis Fed President Neel Kashkari said Wednesday, noting that before the Iran war, he had “some confidence” that inflation was moving toward the Federal Reserve's 2% target. "Inflation is still too high," he said at a St. Paul Area Chamber event. "It's run above our target for five years." And the higher prices aren't jus...
Jonathan Ernst "The Iran shock has upended the inflation environment," Minneapolis Fed President Neel Kashkari said Wednesday, noting that before the Iran war, he had “some confidence” that inflation was moving toward the Federal Reserve's 2% target. "Inflation is still too high," he said at a St. Paul Area Chamber event. "It's run above our target for five years." And the higher prices aren't just from oil prices. Fertilizer, for example, has also jumped. (In April's Producer Price Index, the services index part of the measure also advanced.) "There's a big question mark on how long the Strait of Hormuz will be closed," Kashkari said. When asked if the economy is now in a “new normal” where it would be okay for inflation to run slightly hotter, such as 3%, Kashkari said that's not acceptable. If the Fed increased its inflation target, consumers would raise their expectations for inflation and would seek bigger raises, which would feed into an inflationary cycle, he explained. "We need to get back to 2% because we need to let people know that we're not going to move the goalposts." The second half of the Fed's dual mandate is full employment. Kashkari described the labor market as "lukewarm" but said it "looks like it's hanging in there." 1:57 PM ET: " The U.S. is by far the most competitive economy in the world," he said. Kashkari doesn't see that changing soon, but he doesn't know at what point the U.S.'s large fiscal deficit will enter the "danger zone." 1:55 PM ET: In speaking about the role of the Fed chair, Kashkari said that person "has a lot of influence" in that they set the agenda for the Federal Open Market Committee and the topics that will be considered. But that person only has one vote. The person with the best idea who's most persuasive will prevail, he said. 1:50 PM ET: While overall, U.S. economic growth has been solid, he acknowledged the gap between higher-income and lower-income households. "Folks on the lower end of the economic distribution ha...
(RTTNews) - The Swiss market started off on a firm note on Wednesday and despite a setback around mid-afternoon that pushed it briefly below the flat line, recovered well to end the day's session notably higher.
(RTTNews) - The Swiss market started off on a firm note on Wednesday and despite a setback around mid-afternoon that pushed it briefly below the flat line, recovered well to end the day's session notably higher.
Investors may want to pay close attention to Broadcom as the chip giant prepares to release its highly anticipated quarterly earnings report next month.
Investors may want to pay close attention to Broadcom as the chip giant prepares to release its highly anticipated quarterly earnings report next month.
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 1% on Wednesday. The Dow traded down 0.24% to 49,638.96 while the NASDAQ gained 1.18% to 26,395.66. The S&P 500 also rose, gaining, 0.60% to 7,445.55. Leading and Lagging Sectors Communication services shares jumped by 1.6% on Wednesday. In trading on Wednesday, utilities stocks fell by 1.4%. Top Headline Aliba...
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 1% on Wednesday. The Dow traded down 0.24% to 49,638.96 while the NASDAQ gained 1.18% to 26,395.66. The S&P 500 also rose, gaining, 0.60% to 7,445.55. Leading and Lagging Sectors Communication services shares jumped by 1.6% on Wednesday. In trading on Wednesday, utilities stocks fell by 1.4%. Top Headline Alibaba Group Holding Ltd. (NYSE:BABA) shares gained around 6% on Wednesday after the e-commerce and clou
Shares of Palantir Technologies (NASDAQ:PLTR) are trading near $130 in midday action on Wednesday, down 4% on the day. That extends a punishing year for the AI software name, which is now off roughly 26% in 2026. The contrast with the broader market is stark. The SPDR S&P 500 ETF (NYSEARCA:SPY) is up 9% year-to-date ... How Can Palantir Be Down 26% in 2026 When Stocks Are Near All-Time Highs?
Shares of Palantir Technologies (NASDAQ:PLTR) are trading near $130 in midday action on Wednesday, down 4% on the day. That extends a punishing year for the AI software name, which is now off roughly 26% in 2026. The contrast with the broader market is stark. The SPDR S&P 500 ETF (NYSEARCA:SPY) is up 9% year-to-date ... How Can Palantir Be Down 26% in 2026 When Stocks Are Near All-Time Highs?
Robert Way UBS said first quarter server CPU shipments of Arm ( ARM ) and Advanced Micro Devices ( AMD ) outgrew and continued to gain at the expense of Intel ( INTC ) quarter-over-quarter. "Total server CPU shipments increased ~6% Q/Q (or ~19% Y/Y), better than normal seasonal of down ~7%. ARM and AMD units outgrew and continued to gain share at the expense of INTC. On a unit basis, by vendor, IN...
Robert Way UBS said first quarter server CPU shipments of Arm ( ARM ) and Advanced Micro Devices ( AMD ) outgrew and continued to gain at the expense of Intel ( INTC ) quarter-over-quarter. "Total server CPU shipments increased ~6% Q/Q (or ~19% Y/Y), better than normal seasonal of down ~7%. ARM and AMD units outgrew and continued to gain share at the expense of INTC. On a unit basis, by vendor, INTC ceded ~370bps of share (to 54.9%), while AMD gained 230bps (to 27.4%) and ARM gained 140bps (to 17.7%)," said analysts led by Timothy Arcuri. The analysts noted that on a year-over-year basis Arm's share increased to 17.7% from 11.5%, and AMD grew to 27.4% from 24.1%, while Intel's share declined to 54.9% from 64.4%. On a revenue basis for the x86 market, Intel lost 490 basis points, or bps, (to 53.8%) while AMD reached 46.2% — as Intel server units were down 1% quarter-over-quarter while AMD units were up 15%. The analysts said that after the server CPU grew 21% year-over-year in 2025, they don't expect any slowdown into 2026 as hyperscaler capital expenditure, or capex, grows nearly 81% year-over-year and agentic AI drives a step function increase in demand for CPUs. "While all CPU architectures will benefit from increasing AI demand near-term, we see strong hyperscaler adoption of ARM for head nodes and other applications in light of its power-efficient architecture, while AMD is well positioned with industry-leading core count combined with multithreading capabilities allowing to serve agentic workloads with multiple sub-agents on one device. We believe INTC's server roadmap will likely become more competitive with introduction of Coral Rapids lineup, but also think INTC should benefit on the Client side as agentic workloads run locally catalyze growth in the PC [personal computer] market over the medium-term," said Arcuri and his team. In addition, the analysts noted that total PC CPU shipments in the first quarter of 2026 (desktop and mobile) declined 13% quarter-o...
Robert Way UBS said first quarter server CPU shipments of Arm ( ARM ) and Advanced Micro Devices ( AMD ) outgrew and continued to gain at the expense of Intel ( INTC ) quarter-over-quarter. "Total server CPU shipments increased ~6% Q/Q (or ~19% Y/Y), better than normal seasonal of down ~7%. ARM and AMD units outgrew and continued to gain share at the expense of INTC. On a unit basis, by vendor, IN...
Robert Way UBS said first quarter server CPU shipments of Arm ( ARM ) and Advanced Micro Devices ( AMD ) outgrew and continued to gain at the expense of Intel ( INTC ) quarter-over-quarter. "Total server CPU shipments increased ~6% Q/Q (or ~19% Y/Y), better than normal seasonal of down ~7%. ARM and AMD units outgrew and continued to gain share at the expense of INTC. On a unit basis, by vendor, INTC ceded ~370bps of share (to 54.9%), while AMD gained 230bps (to 27.4%) and ARM gained 140bps (to 17.7%)," said analysts led by Timothy Arcuri. The analysts noted that on a year-over-year basis Arm's share increased to 17.7% from 11.5%, and AMD grew to 27.4% from 24.1%, while Intel's share declined to 54.9% from 64.4%. On a revenue basis for the x86 market, Intel lost 490 basis points, or bps, (to 53.8%) while AMD reached 46.2% — as Intel server units were down 1% quarter-over-quarter while AMD units were up 15%. The analysts said that after the server CPU grew 21% year-over-year in 2025, they don't expect any slowdown into 2026 as hyperscaler capital expenditure, or capex, grows nearly 81% year-over-year and agentic AI drives a step function increase in demand for CPUs. "While all CPU architectures will benefit from increasing AI demand near-term, we see strong hyperscaler adoption of ARM for head nodes and other applications in light of its power-efficient architecture, while AMD is well positioned with industry-leading core count combined with multithreading capabilities allowing to serve agentic workloads with multiple sub-agents on one device. We believe INTC's server roadmap will likely become more competitive with introduction of Coral Rapids lineup, but also think INTC should benefit on the Client side as agentic workloads run locally catalyze growth in the PC [personal computer] market over the medium-term," said Arcuri and his team. In addition, the analysts noted that total PC CPU shipments in the first quarter of 2026 (desktop and mobile) declined 13% quarter-o...
Earnings Call Insights: American Integrity Insurance Group (AII) Q1 2026 Management View “Before we get into the quarter, I want to take a minute to recognize the change to our executive management team… Ben Lurie… will continue to support us through the transition… [and] return to Sowell Company,” and “welcome Brian Foley… as our new Chief Financial Officer.” (Founder, CEO & Director Robert Ritch...
Earnings Call Insights: American Integrity Insurance Group (AII) Q1 2026 Management View “Before we get into the quarter, I want to take a minute to recognize the change to our executive management team… Ben Lurie… will continue to support us through the transition… [and] return to Sowell Company,” and “welcome Brian Foley… as our new Chief Financial Officer.” (Founder, CEO & Director Robert Ritchie) “The quarter represents and reflects a business that is transitioning toward more durable, voluntary-driven growth with a more normalized earnings profile,” with policies in force “growing double digits across nearly every channel,” including “independent agents up approximately 9%… builders up over 38% and national accounts up in excess of 40%.” (CEO Ritchie) “During the first quarter… we wrote 120 new policies per business day in these markets, up from only 6 policies a day in the same period last year,” and management said these middle-aged-home and Tri-County segments “represent more than half of the homes in Florida.” (CEO Ritchie) “In the first quarter, we wrote over 94,000 new and renewal policies in the voluntary market,” retention was “approximately 83.6%,” and policies in force were “over 437,000 policies.” (President Jon Ritchie) “We are pleased with our modest pace of new business writings” in commercial residential, “having written 81 policies during the first quarter.” (President Ritchie) “We generated net income available for common shareholders of $19.9 million or $1.02 per diluted share,” and “gross premiums written were $220 million.” (CFO Brian Foley) Outlook “We’re seeing strong engagement from our reinsurance partners and the environment is more constructive on both pricing and terms… we anticipate a meaningful reduction in risk-adjusted pricing at renewal.” (President Ritchie) “We’re seeing very meaningful reinsurance market improvement and expect substantial and meaningful rate softening on our June 1 renewal,” while emphasizing “rate adequacy rem...