Apple reports earnings and revenue beat, boosted by services business
Apple reported 17% revenue growth, topping estimates, even as iPhone sales came up short.
Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
Amazon, Google and Microsoft all reported better-than-expected first-quarter cloud results, signaling an acceleration of AI demand
Trump signs DHS funding bill, ending shutdown for most of agency, including TSA
Trump on Thursday signed legislation to fund the Department of Homeland Security after the House approved the bill earlier in the afternoon.
Intel's stock more than doubles in April for best month in chipmaker's 55 years on Nasdaq
Intel's market cap more than doubled in April, boosted by a blowout earnings report and optimism that the chipmaker is in the midst of a revival.
Reddit reports 69% jump in revenue, topping analyst estimates
Reddit reported first-quarter earnings and revenue that exceeded Wall Street expectations.
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
Trump signs executive order expanding retirement account access for workers
The president's executive order expands retirement account access for workers and will be integrated with the Saver's Match.
House strips MAHA-hated pesticide provisions from farm bill
MAHA advocates said the language that was stripped could have provided liability protection for Bayer in lawsuits involving its Roundup weedkiller.
Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen
The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear.
Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant
The DOE loan was previously set to support two phases of production for a total of 400,000 units annually.
Trump says 'I don't think about' another assassination attempt
Trump also said he was not inclined to wear a bulletproof vest, as some people have suggested after the arrest of a gunman over the weekend.
Apple's stock has gone nowhere for 6 months. Traders expect a wild ride Thursday night
Implied volatility in the stock suggests a 3.5% swing after earnings tonight, compared to an average move of just 1.8% following the last four quarterly reports.
AI boom: Big Tech capital expenditures now seen topping $1 trillion in 2027
The overall cost has been causing heads to spin, but analysts say they're seeing flowthrough from investments to revenue.
U.S. senators ban themselves from prediction markets trading
The move came after Democratic lawmakers asked the Commodity Futures Trading Commission to prohibits event contracts on elections, war and military actions.
S&P 500 heads for its best month since 2020 — plus, Apple earnings on deck
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Trump taps Nicole Saphier for surgeon general after pulling Casey Means nomination
Means' nomination had stalled in the Senate over concerns about her controversial stances on vaccines, birth control, pesticides and psychedelics.
Trump administration finalizes federal student loan caps—what it means for borrowers
The final regulation keeps a narrow definition of professional degrees that are subject to the higher annual and lifetime graduate loan limits.
Inside Wealth: Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby
Middle East investors account for roughly a quarter of global AI investments over the next 5 years, said Jack Selby, managing director of Thiel Capital.
Trump admin. faces critical 60-day Iran war deadline, but floats ceasefire loophole
The U.S. and Israel began their war against Iran Feb. 28, and U.S. law requires congressional authorization for a war to go beyond 60 days.
Apple execs to talk China and tariffs, but will avoid discussing foldable iPhone, per traders on Kalshi
Apple is set to report earnings after the bell on Thursday, with its conference call scheduled for 5:00 pm ET.
Blue Owl shares surge after private credit firm cites 10X gains from SpaceX
Blue Owl said it's made 10 times its investment in SpaceX, which is headed for a record IPO later this year.
California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.
Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world.
Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.
Brent oil pulls back after climbing to $126 per barrel on U.S.-Iran escalation fears
Brent crude surged to its highest levels since early 2022, before paring gains, as the Middle East conflict chokes supplies.