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Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication.
Stocks News

Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication.

Kevin Warsh’s financial disclosures this week list holdings of at least $100 million in funds where he says he can’t reveal the underlying assets. Sen.…
Another absurd AI pivot is propelling a latest stock higher Thursday. Shares of Myseum jump 130%
Stocks News

Another absurd AI pivot is propelling a latest stock higher Thursday. Shares of Myseum jump 130%

Myseum shares more than doubled after the social media firm became the latest business to refocus efforts on artificial intelligence. Myseum shares more than doubled on Thursday after the social media platform provider became the latest corporation to unexpectedly refocus efforts on artificial intelligence. The penny stock surged around 130% to above $3 a share. […]

Quantum stocks on pace for a massive week after Nvidia debuts AI models to boost the tech
Stocks News

Quantum stocks on pace for a massive week after Nvidia debuts AI models to boost the tech

Quantum computing stocks have rallied this week after Nvidia revealed novel open-source AI models designed to advance the promising tech. IonQ, D-Wave Quantum, Quantum Computing and Rigetti Computing are tracking for massive gains The announcements came on Planet Quantum Day, founded by a group of scientists in 2021 to promote public awareness of quantum digital […]

RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Stocks News

RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves

Investors are starting to focus on what will replace compounded GLP-1 as a growth driver for telehealth companies like Hims & Hers Health. Peptides are gaining attention as a potential updated growth vector, despite clinical evidence for efficacy being limited. The FDA review process is only just beginning, with a Pharmacy Compounding Advisory Committee meeting […]

Why the stock industry is hitting records despite Iran war
Stocks News

Why the stock industry is hitting records despite Iran war

The S&P 500 closed at a record high on Thursday for the second consecutive day. The U.S. stock index has rallied sharply since the end of March. Stocks have been resilient even as the Iran war continues and there remains a blockade on oil flowing through the Strait of Hormuz. The stock economy is forward-looking: […]

Senate overturns Boundary Waters protections, a boon for Chilean mining corporation
Stocks News

Senate overturns Boundary Waters protections, a boon for Chilean mining corporation

The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining conglomerate Antofagasta. The chamber voted 50-49 to overturn a 20-year protection imposed by President Joe Biden in 2023, clearing the way for a long-stalled mine project proposed by Twin Metals Minnesota to restart plans to access […]

Trump says gas prices 'not very high' as most U.S. voters blame him for price spike
Stocks News

Trump says gas prices 'not very high' as most U.S. voters blame him for price spike

President Donald Trump noted Thursday that gasoline prices are “not very high.” A Quinnipiac University national poll of registered voters showed that 65% of U.S. voters blame Trump either “a lot” or “some” for the rise in gas prices seen since the beginning of the Iran war. This also touches on aspects of bear market. […]

ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued
Stocks News

ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued

An Immigration and Customs Enforcement agent has been charged by state prosecutors in Minnesota with two counts of assault related to a road rage incident. They have issued a nationwide warrant for his arrest. The ICE agent, Gregory Donnell Morgan Jr., is accused of pointing his gun at two individuals in another car on Feb. […]

Netflix stock sinks despite earnings beat, streamer says Reed Hastings to exit board
Stocks News

Netflix stock sinks despite earnings beat, streamer says Reed Hastings to exit board

Netflix beat Wall Street expectations for first-In earnings per share thanks in part to a termination fee related to its proposed Warner Bros, quarter revenue and reported a large jump. Discovery deal. The corporation revealed Reed Hastings, Netflix’s co-founder and current chairman, would exit the board in June when his term expires. Netflix shares fell […]

Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
Stocks News

Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy

President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the Centers for Disease Control and Prevention. The CDC has been going through turmoil and several leadership shakeups under Health and Human Services Secretary Robert F. Kennedy Jr. President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the […]

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