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Eli Lilly's top dealmaker says don't be surprised to see more M&A that pushes Lilly into new areas
Eli Lilly's business development strategy is evolving under the leadership of Van Naarden, who was tasked with…
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Macy's posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy's reported its strongest first-quarter sales growth in four years, indicating a successful turnaround strategy.…
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KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals
Partners Group has implemented a cap on withdrawals from its Global Value SICAV fund due to high redemption requests.…
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Trump says Iran agreed to not have nuclear weapons, but 'they can change their mind'
President Trump stated that Iran has agreed not to pursue nuclear weapons, although he acknowledged that they could…
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UK assets face underestimated risk event, analysts warn as PM hopeful swerves call to calm investor nerves
Analysts warn that UK markets are underestimating the political risks associated with the upcoming Makerfield…
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Pulte appointment as spy chief would give a Trump attack dog access to an ocean of intelligence
President Trump's appointment of Bill Pulte as acting director of national intelligence raises concerns about the…
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Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
Tesla's sales of China-made electric vehicles surged nearly 40% in May, reflecting a recovery in the domestic EV…
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Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.
Novo Nordisk has launched its weight loss pill Wegovy in the UAE, marking its first market outside the U.S. The…
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OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has revised its global growth forecast downward due to the economic impact of the U.S.-Iran war. If a peace…
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European shares head for negative open as White House proposes fresh tariffs on EU
European shares are expected to open negatively as new U.S. tariffs on 60 countries are proposed. The tariffs target…
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Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas emphasized that the ability to generate economic value from AI will determine the…
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UK Exchange newsletter: English football — in a league of its own?
English football is experiencing a competitive renaissance, highlighted by Arsenal's recent Premier League title win.…
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Like Indonesia, India's central bank may hike rates to defend its currency
India's central bank may consider raising interest rates to defend the depreciating rupee, contrary to expectations of…
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Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Bitcoin has fallen to its lowest level since February, reaching $65,385 after a 2.3% decline. This drop is attributed…
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Microsoft unveils new AI models to lessen reliance on OpenAI and lower costs for developers
Microsoft has announced new AI models aimed at reducing reliance on OpenAI and lowering costs for developers. The…
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Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
Federal Reserve Chair Kevin Warsh has made his first hires, bringing on two conservative economic policy researchers.…
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China is making it harder for mom and pop to access U.S. stocks. Here's who will benefit
China is tightening regulations for retail investors looking to invest in U.S. stocks, directing capital towards Hong…
US Top News and Analysis
Josh Turek wins Iowa Democratic Senate primary that could shape Democrats' path to Senate majority
Josh Turek won the Iowa Democratic Senate primary, defeating incumbent Sen. Zach Wahls. He aims to become the first…
US Top News and Analysis
Australia's first-quarter economic growth misses estimates on severe weather, weak demand
Australia's economy grew less than anticipated in the first quarter, with a 2.5% increase compared to the previous…
US Top News and Analysis
Japan's Nikkei hits record high as Asia markets rise amid Middle East concerns
Japan's Nikkei 225 has reached a record high as Asia-Pacific markets rise despite ongoing tensions in the Middle East.…
US Top News and Analysis
Supreme Court allows Alabama to use congressional map that dilutes Black vote
The Supreme Court has permitted Alabama to implement a new congressional map that has been deemed discriminatory…
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Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
Oil prices have risen amid ongoing discussions between the U.S. and Iran regarding potential negotiations on Iran's…
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DOJ seeks Judge Eleanor Ross recusal in Georgia election case, citing reports she was disciplined
The Department of Justice has requested the recusal of Judge Eleanor Ross from a case concerning election records in…
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Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade
NASA's ETF access to SpaceX has sparked interest among retail investors, with several new space-themed ETFs launching…
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Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war
The oil market may not return to pre-war export levels through the Strait of Hormuz due to ongoing risks associated…
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Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds
Josh Brown has introduced a new investment strategy that focuses on concentrated portfolios to capture top market…
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3 themes that drove stocks to another week of records — and a banner month
Stocks reached record highs for another week, driven by several key themes. Investors are optimistic about economic…
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Berkshire trails red-hot S&P 500 by biggest margin so far this year
Berkshire Hathaway has underperformed compared to the S&P 500 this year, trailing by a significant margin. Warren…
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Analysis: An end to the Iran war may be just the beginning of a new era of U.S. inequality
The U.S. economy is facing challenges as the effects of the Iran war continue to impact purchasing power and savings…
US Top News and Analysis
Hegseth praises Asian allies for 'burden-sharing,' calls out China's role in the region
Secretary of War Pete Hegseth emphasized the importance of burden-sharing among U.S. allies in the Asia-Pacific region…
US Top News and Analysis
Trump's name must be removed from Kennedy Center, judge rules
A federal judge has ruled that President Trump cannot rename the Kennedy Center or close it for renovations. Judge…
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Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides
Software stocks experienced their best month since 2001, driven by strong performances from companies like Snowflake…
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Brent oil price posts biggest monthly loss in six years as market counts on a U.S.-Iran deal
Brent oil prices experienced their largest monthly decline in six years, dropping over 19% in May. This decline…
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Tokens or humans? The new corporate trade-off
The article discusses the inefficiencies in current AI technology and its impact on corporate costs. It highlights…
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Software stocks are crashing up. Here are the winners
Software stocks are experiencing a significant rally, with the iShares Expanded Tech-Software ETF (IGV) rising 35%…
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Dell's earnings blowout makes clear now is not the time to go against the AI grain
Dell's recent earnings report highlights the company's strong performance, particularly in the AI sector. This…
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Mercedes-Benz may be shut out of U.S. market under bill aimed at Chinese automaker ownership
A new bill in the U.S. Congress aims to restrict Chinese automakers from entering the U.S. market. The legislation…
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Postal Service proposes requiring states to provide mail-in ballot voter lists
The U.S. Postal Service has proposed new rules requiring states to provide voter-level data on mail-in ballots for…
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As SpaceX IPO nears, traders think it's a near-certainty Musk becomes the first trillionaire
Traders are increasingly confident that Elon Musk will become the world's first trillionaire by 2027, with odds…
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Jim Cramer says Nvidia is a clear winner from Dell's monster quarter
Jim Cramer highlighted Nvidia as a significant beneficiary from Dell's strong quarterly performance. He emphasized…
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Kalshi is moving beyond prediction markets and into one of crypto's biggest trading lanes
Kalshi is expanding its offerings by launching perpetual futures contracts, starting with crypto. These contracts…
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Trump lays out Iran deal demands, says he's about to make 'final determination'
President Trump outlined his demands for a new deal with Iran regarding nuclear weapons and shipping in the Hormuz…
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SentinelOne stock drops 12% as cyber firm trims headcount to boost AI investments
SentinelOne's stock fell 12% following the company's decision to lay off 8% of its workforce to enhance its focus on…
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Bondi defends handling of Epstein files to House panel
Pam Bondi defended the Department of Justice's handling of Jeffrey Epstein files during a House panel meeting. She…
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Trump DOJ 'lawfare' fund temporarily blocked by judge as suit proceeds
A federal judge has temporarily halted the Department of Justice's actions regarding its Anti-Weaponization Fund. This…
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Dell stock skyrockets 32%, heads for best day ever as AI server revenue soars
Dell Technologies experienced a significant surge in its stock price, rising 32% in a single day. This increase…
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Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Federal Reserve Governor Michelle Bowman has expressed caution about raising interest rates in response to the recent…
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Replimune to resubmit twice-rejected drug for approval after FDA shakeup
Replimune is set to resubmit its melanoma drug for FDA approval following a leadership change at the agency. The drug…
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Dan Ives: Anthropic’s growth is 'just the tip of the sphere' for AI rally
Dan Ives predicts significant growth for the Nasdaq, projecting it to exceed 30,000 points by 2027. He highlights the…
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Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks
Oil prices have decreased by 20% from their peak in 2026 due to optimism surrounding U.S.-Iran ceasefire negotiations.…
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