Trump says Kevin Warsh can set interest rates independently at the Fed
President Donald Trump said he will allow incoming Federal Reserve Chair Kevin Warsh to make interest rate decisions without White House interference, telling the Washington Examiner, “I’m going to let him do what he wants to do. He’s a very talented guy, he’s going to be fine, he’s going to do a good job.”
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Read MoreStock Market Today, May 19: Soaring Treasury Yields Pressure Markets
The S&P 500 (^GSPC 0.67%) fell 0.67% to 7,353.61, the Nasdaq Composite (^IXIC 0.84%) slid 0.84% to 25,870.71, and the Dow Jones Industrial Average (^DJI 0.65%) lost 0.65% to 49,363.88 as surging Treasury yields put pressure on markets.
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Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – Stocks Move Lower Amid Strong Pullback In Bond Markets
President Trump has recently threatened Iran with “big hit” in case the country did not agree to a deal. Trump noted that he was ready to provide Iran with a limited period of time to get the deal done. As a result, oil traders have started to prepare for a potential restart of the military operation against Iran.
Read MoreThe AI Stock That Could Turn a $10,000 Investment Into a Retirement-Changing Sum by 2030
Investors saw Sandisk (SNDK +3.77%) rally by more than 3,000% over the past year and have been looking for smaller artificial intelligence (AI) stocks ever since. A $10,000 investment in Sandisk before its big one-year rally would be worth more than $300,000 today.
Read MoreStock market today: Dow jumps 600 points, S&P 500 and Nasdaq rally as oil falls in countdown to Nvidia earnings
The Burst
Forget Nvidia, This Under-the-Radar Chip Stock Might Have More Upside
Chances are, you’ve never walked into a store and bought something with the ASML logo on it but almost every smartphone, tablet, or electric vehicle in your life probably wouldn’t exist without ASML’s technology humming away in the background.
This Dutch powerhouse doesn’t make chips, it makes the machines that make the chips.
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Read MoreThe Ivy
Could a Consumer Bull Market Supercharge Shopify?
The SPDR S&P Retail ETF is up about 25% since April 1, putting it within reach of its all-time high from late 2021. That kind of pop isn’t happening in isolation.
Consumer sentiment, which had been stuck near recessionary levels for most of 2022–2023, has recovered to a three-year high in 2025, according to the University of Michigan’s surveys.
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Read MoreThe Spotlight
Palantir’s Path to $10 Billion: Can This AI Giant Keep Growing?
Palantir Technologies (NYSE: PLTR) has emerged from a growth slowdown into a phase of reaccelerating revenue and improving profitability in 2024-2025. After a modest ~17% revenue growth in 2023, Palantir’s top-line expanded by 29% in 2024 to $2.87 billion, buoyed by rising demand for its data analytics and AI platforms.
The company also achieved GAAP profitability,
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