Tesla shares surged Friday, but still declined for the ninth consecutive week.
Wall Street Banks Sweeten Leveraged Loan Terms Amid Volatility
(Bloomberg) -- Wall Street banks including JPMorgan Chase & Co. and Morgan Stanley have made investor-friendly changes to some leveraged loan offerings, as uncertainty around President Donald Trump’s economic and regulatory policies roils global markets.Most Read from BloombergChicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump
US Bonds’ Best Gain This Month Comes as Fed Cut Bets Mount
(Bloomberg) -- The US Treasury market is heading for its best weekly gain this month as economic angst reinforces bets on interest-rate cuts.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleA Bloomberg gauge o
Crude Edges Higher as Supply Concerns Outweigh Economic Outlook
(Bloomberg) -- Oil steadied after a lackluster session as traders continued to weigh diverging signals over supply and demand.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleWest Texas Intermediate edged up 0
US SEC holds crypto task force roundtable as Trump plans regulatory revamp
The U.S. Securities and Exchange Commission's crypto task force held its first public meeting with experts on Friday, focusing on how securities laws might apply to digital assets as the Trump administration looks to overhaul cryptocurrency regulations. Among the participants of the roundtable were John Reed Stark, former chief of the SEC's Office of Internet Enforcement, Miles Jennings, the general counsel for Andreessen Horowitz's crypto arm, a16z, and former SEC Commissioner Troy Paredes.
UAE ruler meets White House crypto czar amid $1.4T investment push
Sheikh Mohamed of the UAE met with crypto advisor David Sacks as the Emirates made a $1.4 trillion commitment to U.S. investments in AI, semiconductors, and energy.
SEC 'Earnest' About Finding Workable Crypto Policy, Commissioners Say at Roundtable
The Securities and Exchange Commission's first gathering on crypto issues kicked off with assurances from commissioners that they're aiming to set effective policy.
Why Scholastic (SCHL) Stock Is Up Today
Shares of educational publishing and media company Scholastic (NASDAQ:SCHL) jumped 15.2% in the morning session after the company delivered strong first-quarter (fiscal Q3 2025) results, with profits significantly exceeding expectations as both EPS and EBITDA outperformed Wall Street's estimates.
Why Lockheed Martin (LMT) Stock Is Down Today
Shares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 7% in the afternoon session after the company lost the contract to produce the next generation of fighter jets for the U.S. military, which was awarded to Boeing. The contract, known as Next Generation Air Dominance, or NGAD, is supposed to help build jets ( F-47) that will accompany a future fleet of drone aircraft to protect the US against its adversaries. According to the press release, the contract is worth an estimated
Micron (MU) Stock Trades Down, Here Is Why
Shares of memory chips maker Micron (NYSE:MU) fell 8.8% in the afternoon session after the company reported first-quarter (fiscal Q2 2025) results, which came with high expectations, but while the overall performance was decent, softness in key markets, weaker margins, and inventory concerns overshadowed the positives.