Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rivian Automotive Inc (Symbol: RIVN), where a total of 220,407 contracts have traded so far, representing approximately 22.0 million underlying shares. That amounts to about 73.2% of RIVN's average daily trading volume over the past month of 30.1 million shares. Particularly high volume was...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rivian Automotive Inc (Symbol: RIVN), where a total of 220,407 contracts have traded so far, representing approximately 22.0 million underlying shares. That amounts to about 73.2% of RIVN's average daily trading volume over the past month of 30.1 million shares. Particularly high volume was seen for the $15 strike call option expiring May 22, 2026 , with 41,979 contracts trading so far today, representing approximately 4.2 million underlying shares of RIVN. Below is a chart showing RIVN's trailing twelve month trading history, with the $15 strike highlighted in orange: SiriusXM Holdings Inc (Symbol: SIRI) options are showing a volume of 35,612 contracts thus far today. That number of contracts represents approximately 3.6 million underlying shares, working out to a sizeable 69.7% of SIRI's average daily trading volume over the past month, of 5.1 million shares. Especially high volume was seen for the $30 strike call option expiring June 18, 2026, with 11,912 contracts trading so far today, representing approximately 1.2 million underlying shares of SIRI. Below is a chart showing SIRI's trailing twelve month trading history, with the $30 strike highlighted in orange: And MP Materials Corp (Symbol: MP) saw options trading volume of 45,451 contracts, representing approximately 4.5 million underlying shares or approximately 67.5% of MP's average daily trading volume over the past month, of 6.7 million shares. Particularly high volume was seen for the $61 strike put option expiring May 22, 2026, with 5,185 contracts trading so far today, representing approximately 518,500 underlying shares of MP. Below is a chart showing MP's trailing twelve month trading history, with the $61 strike highlighted in orange: For the various different available expirations for RIVN options, SIRI options, or MP options, visit StockOptionsChannel.com. Today's Most Active Call & Put Opt...
There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...
There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...
Wimbledon will offer to create a new player council in a meeting with leading player representatives scheduled for Roland Garros next week, with Tim Henman having intervened in the ongoing row over grand slam prize money. The Guardian has learned the former British No 1 and All England Club Board member held talks with several top players, including representatives of the WTA Players’ Council at t...
Wimbledon will offer to create a new player council in a meeting with leading player representatives scheduled for Roland Garros next week, with Tim Henman having intervened in the ongoing row over grand slam prize money. The Guardian has learned the former British No 1 and All England Club Board member held talks with several top players, including representatives of the WTA Players’ Council at the Italian Open in Rome earlier this month. A formal meeting between Wimbledon officials and player agents at the French Open will follow. Some players may join the meeting depending on their tournament schedules with Jannik Sinner’s representative, Alex Vittur, one of several leading agents to have confirmed their attendance. Wimbledon, the French Open and US Open have been open to meeting the top players’ representatives to discuss concerns over prize money, welfare and representation since December. But the representatives have insisted they will not discuss the formation of a player council until the grand slam organisers address requests for a greater percentage of revenue for players and contributions to welfare initiatives, such as pension funds. In March, the representatives rejected a proposed joint meeting at the Indian Wells Masters with the three slams on those grounds. It is not clear if Wimbledon will entertain those requests in Paris. Wimbledon will offer to create their own player council and reaffirm their commitment to growing the sport and increasing prize money, with this year’s Championships prize fund to be revealed at a press conference on 11 June. The players’ representatives will also meet with the French Tennis Federation and United States Tennis Association, but Tennis Australia will not be involved in any discussions in Paris. In a sign of the sport’s fractured governance the Australian Open has aligned with the Professional Tennis Players’ Association, which is suing the other three grand slam governing bodies in New York’s district court over a...
is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid. Its name might be dull and uninspired, but the Philips 24B2D5300 Business Monitor brings a novel feature I’ve never seen on a display before: screens on either side. The design will primarily benefit people who are constantly angling their computer ...
is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid. Its name might be dull and uninspired, but the Philips 24B2D5300 Business Monitor brings a novel feature I’ve never seen on a display before: screens on either side. The design will primarily benefit people who are constantly angling their computer screen so those on both sides of a desk can see it, like a car salesperson walking a buyer through configuration options or a doctor conferring with a patient. But there are some potential co-working applications, too. Starting next month, the dual-sided monitor will be released in parts of Europe for £359.99 (around $484), according to Digital Camera World. It’s currently listed on both the UK and Ireland versions of Philips’ website. A wider release has not yet been announced. The monitor’s ports, including a pair of both USB-C and HDMI ports, are located on the side of its swiveling base. Image: Philips Featuring back-to-back 23.8-inch LCD panels with a resolution of 1920 x 1080 at 120 Hz, the monitor can be connected to one or multiple devices using either a pair of power-delivering USB-C ports, or a pair of HDMI ports. In most scenarios it will be connected to a single computer with the same thing mirrored on both sides, but the dual displays can also be used as two extended displays with one side showing public-facing info and the other for private details. Repositioning the monitor could be tricky since it can’t be mounted to an articulated arm, but its base swivels 180-degrees so you can still spin it around to easily double-check what’s displayed on the other side.
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairma...
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairman of SpaceX’s board, and will have more than 50% of the voting power, giving him the ability to appoint directors as he sees fit. He essentially cannot be fired. The company has placed limits on how shareholders can file legal challenges, and it will benefit from a far more permissive regulatory regime in Texas, its home state – an environment Musk helped create when he loudly moved Tesla’s incorporation there from Delaware. As SpaceX bluntly tells prospective investors in the filing: “This will limit or preclude your ability to influence corporate matters and the election of our directors.” More control than Mark Tech founders have enjoyed increased control over public companies over the last two decades, especially as Google, Meta (then Facebook) and other tech firms went public with dual-class shares. But Musk and SpaceX are taking things much further, according to Ann Lipton, professor of law at the University of Colorado. Lipton argued, in a blog published last Friday, that Musk is obliterating the three most powerful levers that shareholders can typically pull to pressure a public company’s top executive. The first is voting. SpaceX uses a dual-class structure, with Musk holding 93.6% of the Class B super-voting shares that won’t be available to the public in the offering. Despite aiming to become the largest IPO in history, Musk will still hold more than 50% of the voting power once SpaceX lists. That makes it a “controlled company” by stock exchange standards, and controlled companies are allowed to exempt themselves from rules requiring independent oversight. Space...
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairma...
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairman of SpaceX’s board, and will have more than 50% of the voting power, giving him the ability to appoint directors as he sees fit. He essentially cannot be fired. The company has placed limits on how shareholders can file legal challenges, and it will benefit from a far more permissive regulatory regime in Texas, its home state – an environment Musk helped create when he loudly moved Tesla’s incorporation there from Delaware. As SpaceX bluntly tells prospective investors in the filing: “This will limit or preclude your ability to influence corporate matters and the election of our directors.” More control than Mark Tech founders have enjoyed increased control over public companies over the last two decades, especially as Google, Meta (then Facebook) and other tech firms went public with dual-class shares. But Musk and SpaceX are taking things much further, according to Ann Lipton, professor of law at the University of Colorado. Lipton argued, in a blog published last Friday, that Musk is obliterating the three most powerful levers that shareholders can typically pull to pressure a public company’s top executive. The first is voting. SpaceX uses a dual-class structure, with Musk holding 93.6% of the Class B super-voting shares that won’t be available to the public in the offering. Despite aiming to become the largest IPO in history, Musk will still hold more than 50% of the voting power once SpaceX lists. That makes it a “controlled company” by stock exchange standards, and controlled companies are allowed to exempt themselves from rules requiring independent oversight. Space...
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairma...
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “TechnoKing” at Tesla, he is a real ruler over SpaceX, wielding an unprecedented level of control over one of the most valuable companies in the world. Musk’s monarchical grip on SpaceX was finally laid bare in the company’s IPO filing made public on Wednesday. Post-IPO, Musk will be CEO, CTO, and chairman of SpaceX’s board. His current 85% voting power will drop following the IPO, but it will still be above 50%, giving him the ability to appoint directors as he sees fit. He essentially cannot be fired. The company has placed limits on how shareholders can file legal challenges, and it will benefit from a far more permissive regulatory regime in Texas, its home state – an environment Musk helped create when he loudly moved Tesla’s incorporation there from Delaware. As SpaceX bluntly tells prospective investors in the filing: “This will limit or preclude your ability to influence corporate matters and the election of our directors.” More control than Mark Tech founders have enjoyed increased control over public companies over the last two decades, especially as Google, Meta (then Facebook) and other tech firms went public with dual-class shares. But Musk and SpaceX are taking things much further, according to Ann Lipton, professor of law at the University of Colorado. Lipton argued, in a blog published last Friday, that Musk is obliterating the three most powerful levers that shareholders can typically pull to pressure a public company’s top executive. The first is voting. SpaceX uses a dual-class structure, with Musk holding 93.6% of the Class B super-voting shares that won’t be available to the public in the offering. Despite aiming to become the largest IPO in history, Musk will still hold more than 50% of the voting power once SpaceX lists. That makes it a “controlled company” by stock exchange standards, and controlled companies are allowed to exempt themselves from rul...
Wheat futures are trading in the red through Thursday’s midday. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW is showing 5 to 6 cent losses. MPLS spring wheat is just fractionally lower so far on the day. There were 0 deliveries notices against CBT wheat overnight, with 4 issued for KC wheat. Export Sales data showed 474,875 MT in all wheat sales for the week that ended on 9/5, whic...
Wheat futures are trading in the red through Thursday’s midday. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW is showing 5 to 6 cent losses. MPLS spring wheat is just fractionally lower so far on the day. There were 0 deliveries notices against CBT wheat overnight, with 4 issued for KC wheat. Export Sales data showed 474,875 MT in all wheat sales for the week that ended on 9/5, which was up 39.7% from last year and in the middle of the estimates of 300,000 to 550,000 MT. Taiwan was the largest buyer of 105,400 MT, with the Philippines buying 98,900 MT and South Korea purchasing 91,200 MT. USDA’s monthly WASDE update showed no change to the US balance sheet, with the 2024/25 US carryout left at 828 mbu. On the world side, USDA increased the stocks total by 0.6 MMT to 257.22 MMT. That was mainly caused by larger carryover due to revisions of the Canadian stocks higher. The EU production total was cut by 4 MMT, with the Ukrainian wheat output up 0.7 MMT. The EU wheat crop was estimated at 114.4 MMT by Strategie Grains, down 10% from a year ago and 2.1 MMT below the August release. Egypt’ GASC purchased 430,000 MT of Russian wheat in a private purchase overnight, all for October shipment. Sep 24 CBOT Wheat is at $5.63 3/4, up 5 cents, Dec 24 CBOT Wheat is at $5.75 3/4, down 3 1/2 cents, Sep 24 KCBT Wheat is at $5.80 3/4, up 1 cent, Dec 24 KCBT Wheat is at $5.82, down 6 1/4 cents, Sep 24 MGEX Wheat is at $5.89, up 6 1/2 cents, Dec 24 MGEX Wheat is at $6.15 3/4, down 3/4 cent, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Cotton futures are trading with contracts down 300 to 366 points on the Thursday session. The US dollar index was $0.306 higher at $99.320. Crude oil is up $1.75 on the day to $100.08. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in the week of 5/14. That was a 3-week high and 7.86% above the same week last year. There was also 215,962 RB in new cro...
Cotton futures are trading with contracts down 300 to 366 points on the Thursday session. The US dollar index was $0.306 higher at $99.320. Crude oil is up $1.75 on the day to $100.08. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in the week of 5/14. That was a 3-week high and 7.86% above the same week last year. There was also 215,962 RB in new crop sales in that week, a MY high. Shipments were tallied at 289,351 RB, a 9-week low. Don’t Miss a Day: The Cotlook A Index was back down 140 points on May 20 at 92.25 cents. ICE certified cotton stocks were up 6,820 on Wednesday with the certified stocks level at 210,223 bales. The Adjusted World Price was up another 228 points last week at 71.87 cents/lb. Jul 26 Cotton is at 77.94, down 366 points, Dec 26 Cotton is at 79.73, down 323 points, Mar 27 Cotton is at 80.54, down 323 points On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Live cattle futures are $3 to $4.90 across most contracts on Thursday. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online auction showed no sales on the 652 head offered, with bids of $260. Feeder cattle futures are falling on the Thursday session, with contracts down the $9.25 limit, with expiring May down $1.725...
Live cattle futures are $3 to $4.90 across most contracts on Thursday. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online auction showed no sales on the 652 head offered, with bids of $260. Feeder cattle futures are falling on the Thursday session, with contracts down the $9.25 limit, with expiring May down $1.725. The CME Feeder Cattle Index was down $2.98 to $372.44 on May 19. The weekly Export Sales report showed 8,095 MT of beef sold for 2026 in the week ending on May 14. That was the back up slightly from the week prior. Shipments were pegged at 12,263 MT, which was the third lowest for the calendar year. Don’t Miss a Day: Wholesale Boxed Beef prices were lower in the Thursday morning report, with the Chc/Sel spread at $5.33. Choice boxes were down 77 cents to $392.85, while Select was $3.61 lower at $387.52. USDA estimated federally inspected cattle slaughter for Wednesday at 108,000 head, with the weekly total at 321,000 head. That was up 3,000 head from the week prior but 36,571 head below the same week last year. Jun 26 Live Cattle are at $250.250, down $3.025, Aug 26 Live Cattle are at $240.400, down $4.900, Oct 26 Live Cattle are at $232.075, down $4.700, May 26 Feeder Cattle are at $369.000, down $1.725 Aug 26 Feeder Cattle are at $356.525, down $9.250 Sep 26 Feeder Cattle are at $353.375, down $9.250 On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Lean hog futures are down $1.65 to $1.92 across most contracts on Thursday. USDA’s national base hog price was not reported on Thursday morning due to thin trade. The CME Lean Hog Index was up 45 cents on May 19 at $91.00. Export Sales data from USDA showed pork sales for 2026 at 31,561 MT for the week ending on 5/14, a 3-week high. Shipments were tallied at 34,297 MT, a calendar year low. Don’t M...
Lean hog futures are down $1.65 to $1.92 across most contracts on Thursday. USDA’s national base hog price was not reported on Thursday morning due to thin trade. The CME Lean Hog Index was up 45 cents on May 19 at $91.00. Export Sales data from USDA showed pork sales for 2026 at 31,561 MT for the week ending on 5/14, a 3-week high. Shipments were tallied at 34,297 MT, a calendar year low. Don’t Miss a Day: USDA’s pork carcass cutout value from the Thursday AM report was down 36 cents at $95.11 per cwt. The rib and ham primals were lower, with the belly leading the charge, down $9.06. USDA estimated federally inspected hog slaughter for Wednesday at 482,000 head, taking the week to date total to 1.421 million. That is down 8,000 head from the previous week and 24,713 head below the same week last year. Jun 26 Hogs are at $95.625, down $1.650, Jul 26 Hogs are at $100.050, down $1.925 Aug 26 Hogs are at $100.150, down $1.675, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
An international coalition of law enforcement agencies announced Thursday that they took down a popular virtual private network service used by cybercriminals and arrested its administrator. The FBI said in an alert that First VPN was so popular that “at least” 25 ransomware gangs used the service to hide their malicious activity. Cybercriminals also relied on the VPN to scan the internet, run bot...
An international coalition of law enforcement agencies announced Thursday that they took down a popular virtual private network service used by cybercriminals and arrested its administrator. The FBI said in an alert that First VPN was so popular that “at least” 25 ransomware gangs used the service to hide their malicious activity. Cybercriminals also relied on the VPN to scan the internet, run botnets, launch distributed denial-of-service attacks, and for running scams. First VPN operated servers across 27 different countries, according to the bureau. Europol said in an announcement that, apart from offering anonymous connections, First VPN offered cybercriminals anonymous payments, hidden infrastructure, and other services specifically marketed for criminal hackers. “First VPN had become deeply embedded in the cybercrime ecosystem, appearing in almost every major cybercrime investigation supported by Europol in recent years,” read the announcement. “Criminals used it to conceal their identities and infrastructure while carrying out ransomware attacks, large-scale fraud, data theft, and other serious offences.” The service advertised on known cybercrime forums, including at least two Russian-speaking marketplaces, promising criminals protection against being identified. “We are for anonymity. We do not store any logs that would allow us or third parties to link an IP address in a specific period of time with a user of our service,” FirstVPN said in one post that TechCrunch has seen. “The only data we store is e-mail and username, but it is impossible to link a user’s online activity with a specific user of our service.” Europol, however, said that First VPN users were notified of the shutdown and “informed that they have been identified.” Investigators said they did this by obtaining the service’s user database and identifying VPN connections, which “exposed thousands of users linked to the cybercrime ecosystem.” The international law enforcement agency also said Fi...
00:00 Speaker A would love to start big picture here because heading into the close, we're seeing a bit of a mixed reaction from investors right now. How are they weighing this war in Iran, this conflict there that's still ongoing, even though we got some signs it could be coming to an end. on top of that Nvidia report that we got yesterday after the bell. 00:24 Speaker B Yeah, everybody's looking...
00:00 Speaker A would love to start big picture here because heading into the close, we're seeing a bit of a mixed reaction from investors right now. How are they weighing this war in Iran, this conflict there that's still ongoing, even though we got some signs it could be coming to an end. on top of that Nvidia report that we got yesterday after the bell. 00:24 Speaker B Yeah, everybody's looking at Nvidia report itself was was good, the guidance was good. Expectations were for a beat and a raise, that's what they did. Stock selling off a little bit, not a huge surprise. Last several quarters when they reported, stock sold off a little bit. And you're right, investors are balancing company earnings, also with the news coming out of Iran in the conflict. We focus on company fundamentals and that's kind of why the question we get a lot of often is why is the S&P been so strong this year when all this Iran conflict stuff's going on is because company earnings just like Nvidia have been fantastic. Companies are beating, the forecast for this year for the S&P 500 for 18% growth. That's a great number. If that can continue and actually exceed that, that's a good tail one for the markets and I think that's why they're looking through this Iran conflict because right now it's, you know, day-to-day, minute to minute on what's happening over in Iran. 1:00 Speaker A Keith, I feel like this earnings growth has just been the story of these first quarter results. I know you mentioned the reaction that investors are having to Nvidia right now. How are you thinking about Nvidia? Because it seems like right now investors are really thinking about it as a long-term play, especially following the reaction, the day-to-day of following the results. This is typically what we see as you noted. 1:20 Speaker B Yeah, you're right. I think this is a long-term holding, especially for us as well. It's a name we like. It's obviously the biggest company in the S&P 500. We want exposure to it. Th...
primeimages/E+ via Getty Images Key takeaways The fund outperformed its benchmark Invesco Developing Markets Fund Class A ( ODMAX ) shares at net asset value outperformed the MSCI EM Index in the first quarter of 2026. Stock selection in energy was the largest contributor to relative return. Greater focus on real assets Investors appear to be navigating three forces: the artificial intelligence (A...
primeimages/E+ via Getty Images Key takeaways The fund outperformed its benchmark Invesco Developing Markets Fund Class A ( ODMAX ) shares at net asset value outperformed the MSCI EM Index in the first quarter of 2026. Stock selection in energy was the largest contributor to relative return. Greater focus on real assets Investors appear to be navigating three forces: the artificial intelligence (AI) investment cycle, renewed focus on physical over intangible assets, and geopolitical risk. Energy, mining and infrastructure are underinvested areas that appear attractive from a capital-cycle perspective. Geopolitics dominated market sentiment War in Iran and the broader Middle East appeared to lead to gyrating markets. While geopolitical risks have persisted, many emerging market companies appear to maintain strong balance sheets and competitive advantages, suggesting, in our view, resilience that is not fully reflected in current valuations. Investment objective The fund seeks long-term growth of capital. Fund facts Fund AUM ($M) 8,308.23 Click to enlarge Portfolio managers Charles Bond, Ian Hargreaves, Matthew Pigott, William Lam Manager perspective and outlook Emerging market equities returned -0.17% in the first quarter of 2026, notably outperforming developed markets as the MSCI EAFE Index returned -1.12% and the US S&P 500 Index returned -4.33% amid a challenging global equity environment. Geopolitical developments, particularly in Iran and the broader Middle East, appeared to add a layer of complexity for emerging market investors. The Strait of Hormuz has remained a critical conduit for global energy flows, especially to Asia, and ongoing tensions had implications for energy prices. While higher oil prices historically tend to support net energy exporters within the emerging market universe, they represent potential inflationary pressures and growth headwinds for energy-importing Asian economies. The global oil market's shift from perceived oversupply to tighte...
Amazon (AMZN) stock hasn’t moved much so far in 2026. Much of the hesitation surrounding the stock stems from investor concerns about the company’s significant capital expenditures, particularly its aggressive spending on artificial intelligence (AI) infrastructure and data centers. Despite these concerns, however, Wall Street remains optimistic about AMZN stock. Analysts continue to maintain a “S...
Amazon (AMZN) stock hasn’t moved much so far in 2026. Much of the hesitation surrounding the stock stems from investor concerns about the company’s significant capital expenditures, particularly its aggressive spending on artificial intelligence (AI) infrastructure and data centers. Despite these concerns, however, Wall Street remains optimistic about AMZN stock. Analysts continue to maintain a “Strong Buy” consensus rating on Amazon. Furthermore, the highest price target for AMZN stock is $370, indicating roughly 40% potential upside from its recent May 20 closing price of $265.01. With businesses like its Amazon Web Services (AWS) cloud division, AI, and advertising firing on all cylinders, AMZN stock could surge higher. AWS Positions Amazon for Solid Growth Amazon delivered a strong first quarter, led by accelerating growth in AWS. The cloud segment generated $37.6 billion in revenue, up 28% year-over-year (YOY). Moreover, the growth rate accelerated from 24% in the previous quarter. Growth was driven by increasing demand for both traditional cloud infrastructure and AI services. More enterprises are shifting workloads to the cloud while expanding their use of AWS’s computing and storage capabilities. At the same time, companies investing heavily in AI are turning to AWS to power and scale those applications. Management highlighted that higher AI spending is also boosting demand for AWS’s core cloud services, creating a positive cycle of growth across the platform. Amazon noted that many AI deployments are still in their early stages. As customers move these projects into full-scale production, AWS is expected to see even stronger demand. The company added that its AI-related revenue is currently growing at a triple-digit YOY rate, reflecting rapid adoption of its AI infrastructure and tools. AWS’s long-term outlook is also supported by its growing backlog of contracted business. At the end of the quarter, AWS reported a backlog of $364 billion, providing strong ...
Shares of Walmart (NYSE:WMT) are down 7% in midday trading Thursday, a striking move for a defensive mega-cap that just reported quarterly results before the open. The reaction has dragged on peers, though not uniformly. Costco Wholesale (NASDAQ:COST) is off 2%, while Target (NYSE:TGT) is actually bouncing 2% after its own sharp drop on Wednesday. ... Walmart Is Getting Slammed Today. Should You S...
Shares of Walmart (NYSE:WMT) are down 7% in midday trading Thursday, a striking move for a defensive mega-cap that just reported quarterly results before the open. The reaction has dragged on peers, though not uniformly. Costco Wholesale (NASDAQ:COST) is off 2%, while Target (NYSE:TGT) is actually bouncing 2% after its own sharp drop on Wednesday. ... Walmart Is Getting Slammed Today. Should You Sell WMT Stock Along With Target and Costco?
(RTTNews) - Mortgage finance company Freddie Mac (FMCC) on Thursday said mortgage rates, or interest rates on home loans, increased this week. The 30-year FRM averaged 6.51% as of May 21, 2026, up from last week when it averaged 6.36%. A year ago at this time, the 30-year FRM averaged 6.86%. The 15-year FRM averaged 5.85%, up from last week when it averaged 5.71%. A year ago at this time, the 15-y...
(RTTNews) - Mortgage finance company Freddie Mac (FMCC) on Thursday said mortgage rates, or interest rates on home loans, increased this week. The 30-year FRM averaged 6.51% as of May 21, 2026, up from last week when it averaged 6.36%. A year ago at this time, the 30-year FRM averaged 6.86%. The 15-year FRM averaged 5.85%, up from last week when it averaged 5.71%. A year ago at this time, the 15-year FRM averaged 6.01%. "The 30-year fixed-rate mortgage averaged 6.51% this week," said Sam Khater, Freddie Mac's Chief Economist. "As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.