Investors have spent the past year glued to every Federal Reserve press conference and Treasury auction. The 10-year Treasury yield sits at 4.46% as of May 13, 2026, up 0.16% from a month ago, and the federal funds rate has held at 3.75% since December 11, 2025 after three 0.25% cuts in the fall.
» Read more about: Stop Obsessing Over Interest Rates. Focus on These 3 Moves Instead »
At midday, the S&P 500 (SNPINDEX:^GSPC) had fallen 1.08% to 7,420.06, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.36% to 26,272.23, and the Dow Jones Industrial Average (DJINDICES:^DJI) declined 0.98% to 49,574.02 as rising yields, higher oil, and AI‑tech weakness reversed Thursday’s record‑setting optimism.
Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries and geographies. GSAM had $3.3 trillion in assets under supervision.
The fund has more than 1700 professionals across 34 offices worldwide.
» Read more about: 3 Top Goldman Sachs Mutual Funds With Strong 3-Year Returns »
A charity auction featuring a private lunch with Warren Buffett and Stephen Curry was bid for $9 million for charitable causes,
» Read more about: Warren Buffett and Stephen Curry Charity Lunch Auction Raises $9 Million »
An anonymous bidder has paid over $9 million for a private lunch with NBA star Stephen Curry and legendary investor Warren Buffett, reviving a philanthropic tradition that benefits two prominent charities.
The anonymous winner secured the unique opportunity for $9,000,100 in an eBay auction that concluded Thursday night.
Kevin Warsh is now at the helm at the Federal Reserve.
President Trump’s pick to lead the central bank took over Friday after being confirmed by the Senate this week.
And Warsh will be immediately thrust into debate about the best route for the Fed’s monetary policy.
President Trump has long made it clear what he wants from the new chair:
CNBC’s Becky Quick: Will you be disappointed if your new Fed chair,
» Read more about: What will Kevin Warsh taking over at the Federal Reserve mean for consumers? »
TeslaTSLA has long been convincing investors that robotaxis could become the company’s biggest long-term growth driver. CEO Elon Musk has repeatedly positioned autonomous driving as a future multi-trillion-dollar opportunity for the company. That narrative has also helped support investor optimism even as Tesla’s core EV business faces slowing demand, rising competition and margin pressure.
» Read more about: Tesla Robotaxi Concerns Grow: Is TSLA Stock Still Worth Holding? »
China appears to have passed on an opportunity to buy H200 artificial intelligence chips from Nvidia.
President Trump says China wants to develop its own chip industry instead, with potential implications for Nvidia — and for Sandisk, too.
Something strange is happening with Sandisk (NASDAQ: SNDK) stock today.
An investing strategy that’s been fueled by the widening gap between market winners and losers is handily beating the S&P 500 this year.
According to Société Générale, momentum investing—a strategy that involves purchasing stocks that show strong price or earnings momentum,
» Read more about: This investing strategy has dominated 2026 amid a split in the stock market »