- The Federal Reserve’s Beige Book pointed to modest growth in the U.S. economy. Consumer confidence ticked up in May. Treasury yields spiked on inflation worries but then slipped on disappointing GDP data.
- ConocoPhillips inked a deal to acquire Marathon Oil. Hess shareholders approved Chevron’s takeover. BHP abandoned its bid for Anglo American. T-Mobile acquired some U.S. Cellular assets.
- Costco and Gap posted earnings beats. Nelson Peltz sold his entire Disney stake. American Airlines slashed its profit outlook. GameStop soared after a huge stock sale.
- Starbucks resumed union negotiations. Chipotle denied that portion sizes have shrunk. Porche revealed a new hybrid 911, and Jeep an EV. Cruise ships resumed setting out from Baltimore. FAA extended Boeing production cap. Senate Democrats urge probe of Big Oil.
- Elon Musk’s xAI received $6 billion in new funding. Ticketmaster reported a data breach.
- A U.S. electricity grid modernization plan was announced. Wall Street moved to faster trading settlement.
10 Life Lessons From Warren Buffett Everyone in Their 50s Should Hear
Warren Buffett’s philosophies extend far beyond the realm of finance to touch on many of the issues faced by people in their 50s. Check out 10 life lessons from Buffett that will resonate with anyone in or approaching this age group.
Three Stocks That Could Split After Nvidia
The recently announced Nvidia Corp. (NASDAQ: NVDA) 10-for-1 stock split is unlikely to be the last split announcement we see this year. Discover why Microsoft Corp. (NASDAQ: MSFT) and two other tech giants could be next in line.
Three Reasons Broadcom Will Issue a Stock Split After Nvidia
Like Nvidia, Broadcom Inc. (NASDAQ: AVGO) is another semiconductor play that is immersed in the artificial intelligence frenzy. See why it just might be the next top company to issue a stock split.
Raymond James Has 5 Passive Income Dividend Stocks to Buy With Yields Up to 14%
AT&T Inc. (NYSE: T), VICI Properties Inc. (NYSE: VICI), and three other top dividend stock picks from Raymond James not only offer substantial dividends but are also priced to potentially deliver significant returns.
10 Life Lessons From Warren Buffett Everyone in Their 60s Should Hear
Warren Buffett’s philosophies extend far beyond the realm of finance to touch on many of the issues faced by people in their 60s. Check out 10 life lessons from Buffett that will resonate with anyone in or approaching this age group.
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