Author: Admin
The market is seeing a feverish rotation. Here’s Cramer’s advice on how to play it
CNBC’s Jim Cramer said Wednesday that investors are witnessing a sharp and disorienting market rotation, with yesterday’s winners suddenly falling out of favor while long-beaten-down stocks spring back to life. The S&P 500 closed all-time high on Wednesday, underscoring the market’s strength on the surface. But beneath that headline move, some of Wall Street’s most […]
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Stock futures are little changed following a record-setting day for S&P 500 and Nasdaq: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones […]
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Why India’s wealth is shifting from gold and property into startups
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email A wave of newly institutionalized family wealth and a $1.5 trillion inter‑generational transfer are steering more capital into private markets—especially startups. With foreign venture capital becoming more selective, India’s heirs, first‑generation founders and ESOP winners are filling early‑stage funding gaps through family […]
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Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Banks in the U.S. may not like the idea of being forced to collect citizenship data on customers, but Treasury Secretary Scott Bessent says they better be prepared for the task. “If Treasury and the banking regulators say it’s their job, it’s their job,” Bessent told CNBC’s Sara Eisen at the Invest in America Forum […]
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Oil tanker jam in Strait of Hormuz is straining U.S.-China relations, says Asia expert David Riedel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Riedel, Riedel Research, joins ‘Fast Money’ to talk the impact of the Iran war on relations between the U.S. and China ahead of Pres. Trump traveling to the country. Source
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Goldman Sachs bond traders stumbled as Wall Street rivals thrived: ‘A fire is being lit under’ them
Key Points Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike […]
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Ford EV chief leaving automaker amid new restructuring efforts
Doug Field, the chief EV, digital and design officer at Ford Motor, speaks at Louisville Assembly Plant as Ford shares its plans to design and assemble its “Universal Electric Vehicle” platform on August 11, 2025. Courtesy Ford DETROIT — Ford Motor‘s head of electric vehicles and software is leaving the automaker as it restructures its […]
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U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
US Vice President JD Vance (R) speaks during a news conference after meeting with representatives from Pakistan and Iran, as US President Donald Trump’s son-in-law Jared Kushner (L) and US Special Envoy to the Middle East Steve Witkoff (C) watch, in Islamabad on April 12, 2026. Jacquelyn Martin | AFP | Getty Images The U.S. […]
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Lumen Technology’s high-stakes fiber bet nearly bankrupted it. Now, it’s powering its AI future
Key points: Lumen Technologies has shed assets and cut debt after it narrowly skirted bankruptcy. The company is focused now on shifting toward high-growth businesses such as AI networking and cloud services. Its fiber network is a key advantage. Lumen plans to layer a digital services platform over it to provide customers the ability to […]
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Iran war damaged as much as $58 billion of energy infrastructure, Rystad estimates
The Middle East war has damaged as much as $58 billion worth of energy infrastructure, according to an estimate published by consulting firm Rystad Energy on Wednesday. Iran has attacked the oil and gas infrastructure of its Gulf Arab neighbors including production facilities, refineries and pipelines among other targets. Israel has bombed natural gas and […]
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