The Daily

The US has enjoyed dramatically larger economic growth so far this year than most other large developed countries in the world, economic data shows.

US gross domestic product (GDP) expanded by 2% in the first quarter, compared to the previous water, Bureau of Economic Statistics Data released last week showed.

 » Read more about: The US economy is leaving most other big rich countries in the dust so far in 2026, data shows  »

Josh Brown, CEO of Ritholtz Wealth Management,

 » Read more about: Josh Brown's 'Best Stocks in the Market': Devon Energy  »

Key Points

• Energy Transfer just reported very strong results and raised its guidance.

• The stock offers a great combination of distribution income and solid growth.

Shares of Energy Transfer (NYSE: ET) have had a good start to the year,

 » Read more about: Prediction: Energy Transfer's Stock Is Still a Buy After a Strong Start to the Year  »

 » Read more about: Warren Buffett Has 70% of Berkshire's Portfolio in Just 5 Stocks. Should You Copy Him?  »

Ray Dalio is sounding the alarm on the state of the world economic order.

The Bridgewater Associates founder and billionaire investor said he sees worrying signs that the US economy is headed for a “disorderly”

 » Read more about: Billionaire investor Ray Dalio says this is how a stagflationary financial crisis could unfold in the US  »

Wall Street’s bull market has bent but not broken for years. This week, we’ve witnessed the benchmark S&P 500 (^GSPC 0.38%) and tech-dependent Nasdaq Composite (^IXIC 0.13%) scream to new highs, with the iconic Dow Jones Industrial Average (^DJI 0.63%) one modest up day away from joining its peers.

 » Read more about: Warren Buffett's and Greg Abel's $397 Billion Warning for Wall Street Has Hit a Deafening Pitch  »

For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.

 » Read more about: Options traders love this under-the-radar AI play  »

Aurora Innovation (NASDAQ:AUR), a developer of autonomous driving systems for various vehicle types and applications, closed Thursday at $7.14, down 1.79%. The stock moved lower after a multi-day rally driven by upbeat Q1 results, new trucking deployments, and analyst support. Investors will now be watching execution on 2026 driverless semi-truck and revenue targets.

 » Read more about: Stock Market Today, May 7: Aurora Innovation Slips as Investors Weigh Analyst Support and Autonomous Trucking Expansion  »

Key Points

• SoFi reported accelerating growth and record new additions in the first quarter.

• There were several reasons the market sent the stock down, including maintaining guidance instead of raising it.

• The stock is much cheaper now, and it could be a bargain.

 » Read more about: Is Now the Best Time to Buy SoFi Stock or the Worst?  »

It’s been a record-breaking year for Wall Street. The S&P 500 (^GSPC 0.38%), Nasdaq Composite (^IXIC 0.13%), and Dow Jones Industrial Average (^DJI 0.63%) have all hit record closing highs and reached psychologically important levels of 7,200,

 » Read more about: We're Exactly 1 Week Away From a Historic Change at the Federal Reserve — and It May End Up Costing the Stock Market Dearly  »