The Dow, among the oldest stock market indicators, was up as much as 500 points today, or nearly a percent. The index could use some more semiconductor stocks. It would help the Dow keep up with S&P 500 and Nasdaq, which have clocked in one all-time high after another.
The Dow, among the oldest stock market indicators, was up as much as 500 points today, or nearly a percent. The index could use some more semiconductor stocks. It would help the Dow keep up with S&P 500 and Nasdaq, which have clocked in one all-time high after another.
Apple Inc. ’s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action. OpenAI lawyers are actively working with an outside legal firm on a range of options that could be formally executed in the near future, said the people, who asked not to...
Apple Inc. ’s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action. OpenAI lawyers are actively working with an outside legal firm on a range of options that could be formally executed in the near future, said the people, who asked not to be identified because the deliberations are private. That could include sending the iPhone maker a notice alleging breach of contract without necessarily filing a full lawsuit at the outset, according to the people. OpenAI enlisted the outside firm in recent days to help with the situation. OpenAI believed that the companies’ partnership, which wove ChatGPT into Apple software, would coax more users into subscribing to the chatbot. It also expected deeper integration across more Apple apps and prime placement within the Siri assistant. Instead, Apple’s use of OpenAI technology across its operating systems remains limited, and features can be hard to find. “We have done everything from a product perspective,” said an OpenAI executive who asked not to be identified. “They have not, and worse, they haven’t even made an honest effort.” Spokespeople for OpenAI and Apple declined to comment. Apple shares slipped to a session low Thursday on the news, falling as much as 1.2% to $295.38. The stock was up 10% this year through Wednesday’s close, roughly in line with the S&P 500. Apple has had its own concerns about OpenAI, including whether the company does enough to protect user privacy. And a recent push by the startup to make devices — an effort overseen by former Apple executives — has rankled the iPhone maker. Any legal move by OpenAI likely wouldn’t come until after the conclusion of its trial with Elon Musk , according to the people. No final decisions have been made, and OpenAI still hopes to resolve its issues with Apple outside of court. It’s a startling rift for two Sili...
Investing.com -- President Donald Trump’s latest OGE Form 278-T disclosure reveals a significant paring of his larger technology holdings during the first quarter of 2026. Large-scale sales of Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.
Investing.com -- President Donald Trump’s latest OGE Form 278-T disclosure reveals a significant paring of his larger technology holdings during the first quarter of 2026. Large-scale sales of Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.
Investing.com -- President Donald Trump's latest OGE Form 278-T disclosure reveals a significant paring of his larger technology securities during the first quarter of 2026. Large-scale sales of securities in Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.
Investing.com -- President Donald Trump's latest OGE Form 278-T disclosure reveals a significant paring of his larger technology securities during the first quarter of 2026. Large-scale sales of securities in Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.
For many retirees, Social Security benefits are one of their most important sources of income. But these benefits can be pretty complicated, and many people don’t have a clear understanding of how they work. This is especially true in situations where you are married and may be entitled not just to your own benefits but also ... Why Switching From Spousal to Survivor Benefits Adds $1,224 a Month f...
For many retirees, Social Security benefits are one of their most important sources of income. But these benefits can be pretty complicated, and many people don’t have a clear understanding of how they work. This is especially true in situations where you are married and may be entitled not just to your own benefits but also ... Why Switching From Spousal to Survivor Benefits Adds $1,224 a Month for the Rest of a Widow’s Life
mbbirdy/E+ via Getty Images Wall Street’s major market averages advanced on Thursday, with the S&P 500 tagging 7,500 all as investors look ahead to updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) was +0.8%, the benchmark S&P 500 ( SP500 ) was +0.7%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.9%. Now, here are four news stories that broke in the morning to watch out...
mbbirdy/E+ via Getty Images Wall Street’s major market averages advanced on Thursday, with the S&P 500 tagging 7,500 all as investors look ahead to updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) was +0.8%, the benchmark S&P 500 ( SP500 ) was +0.7%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.9%. Now, here are four news stories that broke in the morning to watch out for: U.S. jobless claims rise: Initial jobless claims for the week ended May 9 increased by 12,000 to 211,000, coming in above the 208,000 consensus and the prior week’s revised 199,000 reading. The four-week moving average ticked up to 203,750, while the insured unemployment rate for the week ended May 2 rose 0.1 percentage points to 1.2%. Nvidia ( NVDA ) receives China export clearance: Shares of Nvidia rose 2% in premarket trading after reports that the U.S. Commerce Department has approved around 10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to purchase the chipmaker’s H200 GPUs, though no deliveries have been made so far. Take-Two ( TTWO ) shares jump on GTA 6 timeline: Take-Two Interactive surged 5.8% in premarket trading amid growing buzz around Grand Theft Auto 6, which is set for a November 26 launch ahead of the holiday shopping season. Reports indicate a third trailer may drop on May 18 alongside the opening of pre-orders, based on emails received by Best Buy affiliates. The game has been delayed twice from its original 2025 window, with CEO Strauss Zelnick confirming the November date remains on track. Oil prices stabilize amid Hormuz activity: Benchmark crude prices held steady Thursday after Iran’s state media reported approximately 30 vessels crossed the Strait of Hormuz in recent hours, including a Chinese supertanker carrying 2 million barrels of Iraqi crude. Front-month Nymex crude for June delivery traded at $101.09 per barrel, up 0.1%, while Brent crude for July delivery slipped 0.1% to $105.55. At the Trump-Xi summit in Beiji...
Stefan Sutka/iStock Editorial via Getty Images Overview In the recent weeks, I have covered three of four hyperscalers, and now it's time for Amazon.com, Inc. ( AMZN ). Just as a recap, I have a Sell rating on Meta Platforms ( META ) and a Hold rating on Microsoft ( MSFT ) and Alphabet ( GOOG ). In this article, I want to cover bullish catalysts such as acceleration in the core online retail busin...
Stefan Sutka/iStock Editorial via Getty Images Overview In the recent weeks, I have covered three of four hyperscalers, and now it's time for Amazon.com, Inc. ( AMZN ). Just as a recap, I have a Sell rating on Meta Platforms ( META ) and a Hold rating on Microsoft ( MSFT ) and Alphabet ( GOOG ). In this article, I want to cover bullish catalysts such as acceleration in the core online retail business as well as AWS accompanied by an expansion in overall operating margins. Another bullish trigger has emerged from the announcement of Amazon Supply Chain Services. Bullish: Growth Acceleration, Margin Expansion Growth acceleration has been a theme across all the earnings, possibly due to macro weakness in Q1 2025 amidst tariff uncertainty. Particularly for Amazon, we saw acceleration in growth in key segments such as online stores, third-party seller services, subscriptions, and AWS. Advertising grew at a steady 22%. As a result, Amazon’s total revenues grew at 16.61% YoY, which was the fastest since at least Q3 2023. Amazon Q1 2026 10-Q filing Talking about growth acceleration, let’s focus on the future. For Q2, the company expects to generate revenues of $194 billion to $199 billion; this represents almost 18% growth over Q2 2025. The company expects to earn an operating profit of $20 billion to $24 billion, up from $19 billion in Q2 2025. I expect the company to report operating profits closer to the higher end of the guidance range. AWS' backlog reported solid growth sequentially, growing from $244 billion at the end of Q4 2025 to $364 billion. Anthropic added another $100 billion to AWS’ backlog after the two signed a deal in April. The other major catalyst for Amazon is margin expansion. At a time when Meta and Microsoft are facing sequential declines in operating margins because of the depreciation from AI-related capital expenditure, Amazon was able to grow its operating margins thanks to strength in the core business. The company reported operating margins of 1...
Stefan Sutka/iStock Editorial via Getty Images Overview In the recent weeks, I have covered three of four hyperscalers, and now it's time for Amazon.com, Inc. ( AMZN ). Just as a recap, I have a Sell rating on Meta Platforms ( META ) and a Hold rating on Microsoft ( MSFT ) and Alphabet ( GOOG ). In this article, I want to cover bullish catalysts such as acceleration in the core online retail busin...
Stefan Sutka/iStock Editorial via Getty Images Overview In the recent weeks, I have covered three of four hyperscalers, and now it's time for Amazon.com, Inc. ( AMZN ). Just as a recap, I have a Sell rating on Meta Platforms ( META ) and a Hold rating on Microsoft ( MSFT ) and Alphabet ( GOOG ). In this article, I want to cover bullish catalysts such as acceleration in the core online retail business as well as AWS accompanied by an expansion in overall operating margins. Another bullish trigger has emerged from the announcement of Amazon Supply Chain Services. Bullish: Growth Acceleration, Margin Expansion Growth acceleration has been a theme across all the earnings, possibly due to macro weakness in Q1 2025 amidst tariff uncertainty. Particularly for Amazon, we saw acceleration in growth in key segments such as online stores, third-party seller services, subscriptions, and AWS. Advertising grew at a steady 22%. As a result, Amazon’s total revenues grew at 16.61% YoY, which was the fastest since at least Q3 2023. Amazon Q1 2026 10-Q filing Talking about growth acceleration, let’s focus on the future. For Q2, the company expects to generate revenues of $194 billion to $199 billion; this represents almost 18% growth over Q2 2025. The company expects to earn an operating profit of $20 billion to $24 billion, up from $19 billion in Q2 2025. I expect the company to report operating profits closer to the higher end of the guidance range. AWS' backlog reported solid growth sequentially, growing from $244 billion at the end of Q4 2025 to $364 billion. Anthropic added another $100 billion to AWS’ backlog after the two signed a deal in April. The other major catalyst for Amazon is margin expansion. At a time when Meta and Microsoft are facing sequential declines in operating margins because of the depreciation from AI-related capital expenditure, Amazon was able to grow its operating margins thanks to strength in the core business. The company reported operating margins of 1...
In this article BA Follow your favorite stocks CREATE FREE ACCOUNT A Boeing Co. 737 Max airplane at the company's manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images President Donald Trump told Fox News that China has agreed to buy 200 Boeing jets, according to a clip that aired Thursday. "One thing he agreed to today, he's going to ...
In this article BA Follow your favorite stocks CREATE FREE ACCOUNT A Boeing Co. 737 Max airplane at the company's manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images President Donald Trump told Fox News that China has agreed to buy 200 Boeing jets, according to a clip that aired Thursday. "One thing he agreed to today, he's going to order 200 jets. That's a big thing. Boeings," Trump told Fox News' Sean Hannity, referring to Chinese President Xi Jinping . Analysts had expected a big order of Boeing aircraft to come out of Trump's visit to China, though analysts had been expecting more, with Jefferies estimating the order would be up to 500 aircraft. Boeing CEO Kelly Ortberg and other top executives from U.S. companies joined Trump on the trip. The manufacturer hasn't won a major order from China in almost a decade, but the country has been buying from Boeing's main rival, Airbus. Trump didn't specify which aircraft China could purchase from Boeing, though analysts had expected a potential order to include hundreds of Boeing's best-selling 737 Max planes. Boeing and the White House didn't immediately comment. Boeing shares were down more than 4% in early afternoon trading. Ortberg said on a company earnings call last month that the U.S.-China summit could be a "meaningful opportunity for us" that could include an aircraft order. "I'm not going to give you the number of airplanes, but it's a big number," he said. Read more CNBC airline news Spirit starts monthslong process of dismantling airline after biggest collapse in a generation 'Godspeed my friend': Inside the final hours of Spirit Airlines United Airlines CEO confirms he approached American Airlines about merger U.S. airlines are hiking fares — and travelers keep booking Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The market’s relationship with China has become a balancing act investors can’t ignore. Apple (NASDAQ:AAPL) still depends on Chinese manufacturing. Nvidia (NASDAQ:NVDA) desperately wants to break back into China to capitalize on demand for AI chips. Tesla (NASDAQ:TSLA) counts on China for both production and vehicle sales. Yet Washington keeps tightening restrictions on trade, technology, ... 8 Mo...
The market’s relationship with China has become a balancing act investors can’t ignore. Apple (NASDAQ:AAPL) still depends on Chinese manufacturing. Nvidia (NASDAQ:NVDA) desperately wants to break back into China to capitalize on demand for AI chips. Tesla (NASDAQ:TSLA) counts on China for both production and vehicle sales. Yet Washington keeps tightening restrictions on trade, technology, ... 8 Months Ago, Trump Called Elon Musk “Susceptible” on China — Now He’s Riding Shotgun on Air Force One
PeopleImages/iStock via Getty Images Performance The portfolio underperformed global equities, as measured by the MSCI World Index, over the first three months of 2026. This underperformance was primarily driven by the lack of Energy exposure and weak security selection within Industrials, a sector that offers some challenges from a gender leadership perspective. The portfolio's style factor profi...
PeopleImages/iStock via Getty Images Performance The portfolio underperformed global equities, as measured by the MSCI World Index, over the first three months of 2026. This underperformance was primarily driven by the lack of Energy exposure and weak security selection within Industrials, a sector that offers some challenges from a gender leadership perspective. The portfolio's style factor profile was neutral: while exposure to Quality and Momentum factors were headwinds, tilts towards Yield and away from Volatility factors added value. Stock-specific effects were most impactful in Industrials as gender leaders in Industrial Consulting, such as Stantec ( STN ), Wolters Kluwer ( WOLTF ) and Thomson Reuters ( TRI ), sold off as market participants assess the impact AI may have on these business models. Meanwhile, Saint-Gobain ( CODGF ), Veralto ( VLTO ) and Qantas ( QABSY ) all suffered from lackluster demand pictures, as all three reported weaker demand than expected. Selection was also weaker in Information Technology, as Consulting and Software-exposed names like Intuit ( INTU ), Accenture ( ACN ), Autodesk ( ADSK ) and Synopsys ( SNPS ) sold off amid fears of AI-related disruption. Offsetting some of this was strong selection effects in Health Care, where Johnson & Johnson ( JNJ ), Gilead ( GILD ) and GSK ( GSK ) all benefited from their defensive profiles and relative insulation from the tariff risks that weighed on the broader healthcare sector through much of 2025. Positive selection effects in Communication Services were driven primarily by exposure to defensive telecoms, like Orange ( ORANY ), Vodafone ( VOD ), Deutsche Telekom ( DTEGY ), Royal KPN and Telstra ( TLGPY ), which outpaced higher beta media names. Market overview Global equity markets finished the period lower despite a strong start to the year, reflecting a quarter of two distinct halves. Early support from solid corporate earnings, falling bond yields and renewed interest in real asset stocks...
Earnings Call Insights: CorMedix (CRMD) Q1 2026 Management view "CorMedix is entering 2026 with strong momentum across our core priorities, delivering durable DefenCath utilization growth, advancing high-value pipeline opportunities and driving meaningful profitability and cash generation," said (CEO & Chairman of the Board of Directors Joseph Todisco). "We announced this morning first quarter net...
Earnings Call Insights: CorMedix (CRMD) Q1 2026 Management view "CorMedix is entering 2026 with strong momentum across our core priorities, delivering durable DefenCath utilization growth, advancing high-value pipeline opportunities and driving meaningful profitability and cash generation," said (CEO & Chairman of the Board of Directors Joseph Todisco). "We announced this morning first quarter net revenue of $127.4 million... and adjusted EBITDA of $70 million," said (CEO & Chairman of the Board of Directors Joseph Todisco). "As a result of our Q1 performance... we are increasing our full year financial guidance for net revenue from the previously announced range of $300 million to $320 million to a revised range of $325 million to $345 million," said (CEO Todisco). "We're also raising our full year adjusted EBITDA guidance from the previous range of $100 million to $125 million to a new range of $115 million to $135 million." "DefenCath variability in the back half of 2026 is the result of the expiration of our initial TDAPA reimbursement and the transition to the post-TDAPA add-on phase of reimbursement by CMS," said (CEO Todisco). "Our primary objective for Q3 and Q4 is to maintain or grow existing patient utilization heading into 2027." "We were delighted to announce preliminary top line results of the ReSPECT study," said (Executive VP, Chief Operating Officer & Chief Integration Officer Elizabeth Masson-Hurlburt). "The ReSPECT study met its primary endpoint for FDA of fungal-free survival at day 90, showing non-inferiority... with 60.7%... for REZZAYO compared to 59% for the standard antifungal regimen." "First quarter 2026 net revenue was $127.4 million," said (EVP & Chief Financial Officer Susan Blum). "First quarter revenue included $97.5 million from DefenCath and $29.9 million from the Melinta portfolio." Outlook "We are increasing our full year financial guidance for net revenue... to a revised range of $325 million to $345 million," said (CEO Todisco). ...
Ondas ( ONDS ) price broke out ~23% to ~$10.94 after the company posted stronger-than-expected Q1 results. The bullish Q1 earnings pushed Ondas stock into focus among investors tracking high-growth AI defense stocks and drone technology companies. The rally also pushed the stock’s 6-month gain close to ~50%, although its YTD return of ~6.15% still trails the S&P 500 ( SP500 ) at ~8.75%. The compan...
Ondas ( ONDS ) price broke out ~23% to ~$10.94 after the company posted stronger-than-expected Q1 results. The bullish Q1 earnings pushed Ondas stock into focus among investors tracking high-growth AI defense stocks and drone technology companies. The rally also pushed the stock’s 6-month gain close to ~50%, although its YTD return of ~6.15% still trails the S&P 500 ( SP500 ) at ~8.75%. The company reported Q1 revenue of $50.1M, up more than 10x from last year and 66% higher sequentially, as demand accelerated for its autonomous drone, counter-drone, and robotics platforms. It ended the quarter with a pro forma backlog of $457M, sharply higher than $68.3M in Q4 2025, signaling strong future revenue visibility and supporting the recent momentum in Ondas's stock price. Investors also focused on the company’s aggressive expansion strategy. During Q1, it completed multiple defense-related acquisitions focused on ISR, border security, and missile defense capabilities. The company further strengthened its position after announcing a partnership with Palantir Technologies ( PLTR ) to integrate AI-driven operational systems into its defense platforms. Management now expects at least ~$390M in 2026 revenue, representing ~670% growth from 2025. While EBITDA losses are expected to stay elevated near term due to aggressive expansion, the company finished Q1 with a ~$1.48B cash position. According to the Ondas stock six-month chart analysis, the asset is showing improving momentum after reclaiming the key ~$10 level. The next major resistance sits near ~$11.50, while support remains around ~$9. If buying volume stays strong, traders could watch for a potential breakout toward ~$15 in the near term. Wall Street analysts currently maintain a strong buy rating on the stock, while quantitative ratings remain more cautious with a hold view. More on Ondas Ondas: The Growth Vector Is Too Sweet To Look Past Ondas: Paradigm Shift In Warfare Ondas: Very High Growth, Very High Uncertainty,...
Earnings Call Insights: Team, Inc. (TISI) Q1 2026 Management View "I am pleased with the solid start to 2026 that we were able to deliver from both an operational and financial perspective." (Chief Executive Officer Gary Hill) "First quarter 2026 revenue rose 8.3% year-over-year to $215 million, our highest Q1 revenue since 2019." (Chief Executive Officer Gary Hill) "This growth was driven by robu...
Earnings Call Insights: Team, Inc. (TISI) Q1 2026 Management View "I am pleased with the solid start to 2026 that we were able to deliver from both an operational and financial perspective." (Chief Executive Officer Gary Hill) "First quarter 2026 revenue rose 8.3% year-over-year to $215 million, our highest Q1 revenue since 2019." (Chief Executive Officer Gary Hill) "This growth was driven by robust performance across both our Inspection and Heat Treating and Mechanical Service segments." (Chief Executive Officer Hill) "These results drove meaningful profitability gains, including a 45.2% increase in adjusted EBITDA to $7.7 million and a 90 basis point improvement in adjusted EBITDA margin." (Chief Executive Officer Hill) "There are some knock-off effects like increased refining run times, thus pushing some turnaround scopes out later into the year." (Chief Executive Officer Hill) "We want to prioritize healthy, sustainable growth that is margin accretive and less cyclical." (Chief Executive Officer Hill) "We're also being more disciplined about the work we pursue" and "We are prioritizing healthy growth over growth at any cost." (Chief Executive Officer Hill) "We are defining the opportunity over and above the reductions previously announced and believe that in the second quarter earnings release and conference call, we will have a better set of targeted cost reduction amounts to convey to the market." (Chief Executive Officer Hill) "The first quarter results for 2026 and our guidance for full year 2026 should accurately reflect the impact of our operational and commercial initiatives with year-over-year expansion in our revenue, margins and adjusted EBITDA driven by our ongoing focus on cost efficiency and margin accretive growth." (Executive VP & CFO Nelson Haight) Outlook "We believe our full year revenue can grow about 4% at the midpoint of our guidance range of between $920 million and $945 million as compared to 2025 actuals." (Chief Executive Officer Gary Hi...
TOKYO, May 14, 2026--NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in online games, today announced the financial results for its first quarter ending on March 31, 2026.
TOKYO, May 14, 2026--NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in online games, today announced the financial results for its first quarter ending on March 31, 2026.
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." China's President Xi presses President Trump on Taiwan, warning of potential clashes if tensions are mishandled. Tech stocks extend their rally as Cisco jumps on a strong forecast and AI restructuring plan. Cerebras raises $5.55 billion in the year’s biggest IPO. Plus, Invesco CEO Andrew Schlossbe...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." China's President Xi presses President Trump on Taiwan, warning of potential clashes if tensions are mishandled. Tech stocks extend their rally as Cisco jumps on a strong forecast and AI restructuring plan. Cerebras raises $5.55 billion in the year’s biggest IPO. Plus, Invesco CEO Andrew Schlossberg, Rezilient CEO Dr. Danish Nagda, and Ford’s potential $10 billion energy breakout. (Source: Bloomberg)
Trucking Stocks Tumble As Supreme Court Ruling Risks "Extinction Event" For Freight Brokers The US Supreme Court ruled late Thursday morning that freight brokers can face state-law negligent hiring claims when they hire unsafe trucking firms that later cause crashes. FreightWaves founder Craig Fuller responded to the ruling on X, saying, OMG, this is the most pivotal moment in trucking history sin...
Trucking Stocks Tumble As Supreme Court Ruling Risks "Extinction Event" For Freight Brokers The US Supreme Court ruled late Thursday morning that freight brokers can face state-law negligent hiring claims when they hire unsafe trucking firms that later cause crashes. FreightWaves founder Craig Fuller responded to the ruling on X, saying, OMG, this is the most pivotal moment in trucking history since Deregulation. It could be an extinction event for 30-50% of all freight brokers. OMG, this is the most pivotal moment in trucking history since Deregulation. It could be an extinction event for 30-50% of all freight brokers. Matt Lefler and I will be on the air at 11AM ET to discuss. Live, streaming on X. https://t.co/sc3eKgWV3S — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) May 14, 2026 In other words, this decision will raise liability costs across the freight industry but could force out unsafe trucking firms, some of which have hired illegals. Landmark win for trucking safety this morning. The Supreme Court rules UNANIMOUSLY against the broker that helped put the illegal alien who hit Dalilah Coleman on the road. As a result of this decision, trucking brokers can be liable for negligently giving loads to illegal… https://t.co/0pYntFxiDx — Senator Jim Banks (@SenatorBanks) May 14, 2026 The case, Shawn Montgomery v. Caribe Transport II, US, No. 24-1238 , centers on C.H. Robinson , which arranged a shipment carried by Caribe Transport II. The carrier's driver struck Shawn Montgomery's tractor-trailer in Illinois, causing severe and permanent injuries. Montgomery alleged that C.H. Robinson should have known Caribe posed safety risks given its poor federal safety rating. Justice Amy Coney Barrett, writing for the High Court, said the Federal Aviation Administration Authorization Act does not shield brokers from such claims because states retain authority over safety "with respect to motor vehicles." The ruling reverses the Seventh Circuit and sends the case back for further proceed...
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a...
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
NIQ Global Intelligence (NYSE: NIQ) stock is getting hit hard in Thursday's trading. The company's share price had fallen 11.6 % as of 12:35 p.m. ET. NIQ published its first-quarter results after the market closed yesterday, reporting a wider-than-expected loss and sales that topped the average Wall Street analyst estimate. As of this writing, the stock is now down roughly 45% year to date. Image ...
NIQ Global Intelligence (NYSE: NIQ) stock is getting hit hard in Thursday's trading. The company's share price had fallen 11.6 % as of 12:35 p.m. ET. NIQ published its first-quarter results after the market closed yesterday, reporting a wider-than-expected loss and sales that topped the average Wall Street analyst estimate. As of this writing, the stock is now down roughly 45% year to date. Image source: Getty Images. Continue reading