Amazon, AMD, 3M earnings, consumer data: What to watch

CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Moneywise
‘You guys are seriously broke’: Dave Ramsey delivers wake up call to Iowa couple making nearly $200,000
"We just kinda went crazy"
Reuters
Trump Media says it will delay quarterly filing due to auditor change
Former U.S. President Donald Trump's media company said it was unable to complete the review of its financial statement for the quarter ended March 31 due to the timing of its appointment of Semple, Marchal & Cooper as the new auditor. The company dismissed previous auditor BF Borgers, after the SEC charged the accounting firm with "massive fraud" earlier this month. Borgers, the auditor of the Truth Social parent since 2022, agreed to a $12 million civil penalty and to discontinue practicing as accountants on SEC filings, the agency had said.
Bloomberg
China Sells Record Sum of US Debt Amid Signs of Diversification
(Bloomberg) -- China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying
Reuters
BlackRock executive pay wins only narrow support from shareholders
(Reuters) -Top asset manager BlackRock on Wednesday said only about 58% of advisory votes cast at its annual meeting supported the pay of its top executives. At the meeting, which was webcast, BlackRock also said each of its 16 director nominees received well over a majority of votes cast. It said three shareholder resolutions, including a call for an independent board chair, won no more than 10% support.
Bloomberg
GameStop Extends Rout on Plan to Sell Up to 45 Million Shares
(Bloomberg) -- GameStop Corp. shares tumbled toward a third day of declines after the company said it may sell up to 45 million shares, further paring the meme-fueled rally that had sent the stock flying at the start of the week. Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containmen
Bloomberg
Norway Wealth Fund Blacklists Adani Ports Citing Ties to War
(Bloomberg) -- Norway’s $1.7 trillion sovereign wealth fund has decided to exclude Adani Ports & Special Economic Zone Ltd. from its portfolio, citing “unacceptable” risks that the company is tied to human rights violations in war and conflict zones.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptJamie Dimon Sees ‘Lot of Inflationary Forces
Insider Monkey
Is NVIDIA Corp (NVDA) The Best Jim Cramer Stock to Buy Now?
Jim Cramer has been a big believer in NVIDIA Corp (NASDAQ:NVDA), recommending the stock almost every week since late 2023. However, amid the recent lackluster performance of NVIDIA Corp (NASDAQ:NVDA), Cramer sounded a bit disappointed, saying the stock now seems to “rally far less than it goes down.” However, Cramer reiterated that he believes NVIDIA […]
Bloomberg
GIP, ADIA Join Khazanah’s Takeover Bid for Malaysia Airports
(Bloomberg) -- Malaysia Airports Holdings Bhd. is set to be privatized as its two biggest shareholders team up with buyout firm Global Infrastructure Partners and the Abu Dhabi Investment Authority to make a takeover offer for the airport operator.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months
Bloomberg
Milei Says Argentina Is ‘Very Close’ to Lifting FX Controls
(Bloomberg) -- Argentine President Javier Milei sees his government lifting currency controls very soon as his economic team works to clean up the central bank’s balance sheet. Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketFlood of China Used Cooking Oil Spurs C
Yahoo Finance
Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Reuters
Siemens misses profit forecast as customers stick to trend of destocking
ZURICH (Reuters) -Siemens reported on Thursday a drop in second-quarter earnings at its industrial business, as China maintained its trend of destocking longer than previously expected. Although Siemens expects an improvement in coming months, it was likely to come more slowly than previously thought, Chief Executive Roland Busch said. "A key reason is the muted development in China," he told reporters.
Yahoo Finance Video
Nvidia: One thing this strategist thinks could threaten growth
Artificial intelligence has emerged as a transformative technology, with tech giants increasingly investing in its development. Semiconductor companies like Nvidia (NVDA) are some of the biggest beneficiaries. Futurum Chief Market Strategist Cory Johnson joins Market Domination Overtime to share his insights on Nvidia's prospects ahead of its upcoming earnings report. Regarding Nvidia's sustained growth trajectory, Johnson states, "we've never seen anything like this." He highlights the company's ability to continuously innovate, introduce new products, and sell everything it manufactures, solidifying its position as a powerhouse in the rapidly evolving AI landscape. Johnson also notes that Nvidia has substantial pricing power, contributing significantly to its margin growth. However, he points out one concern: tech giants themselves are actively pursuing projects to replicate Nvidia's chips in-house. "When all your customers are trying to invent a competitor to the product that you are selling them, you might wanna worry about that," Johnson tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
GOBankingRates
5 Side Gigs Jade Warshaw Did To Pay Down Debt — and You Can, Too
Today, Jade Warshaw is a debt elimination expert, financial coach, and co-host of The Ramsey Show, helping others break free of their bad spending habits. But the former vocalist was once $460,052...
SmartAsset
How Long Will $300,000 Last Me in Retirement?
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
Bloomberg
Canadian Homes for Sale Climb With Second-Biggest Jump on Record
(Bloomberg) -- Canada’s housing market posted a surge in the number of properties available for sale, one of the biggest monthly gains in listed inventory on record, as homebuyer demand waned amid persistently high interest rates.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedS&P 500 Tops 5,300 in Record-Breaking Stock Rally
Bloomberg
China’s Special Bond Sale Sees Demand In Line With 2024 Trend
(Bloomberg) -- China kicked off issuance of this year’s special sovereign bonds with a 30-year auction that drew demand of 3.9 times the amount on offer.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Forty billion y
Moneywise
This Houston student paid his college tuition on credit cards — even Caleb Hammer says he’s ‘never seen that’
He's created his own student loan crisis.
Reuters
FOREX-Dollar rebounds after falling on weaker US inflation, yen ticks up
The dollar found a footing on Thursday after falling sharply on Wednesday on the back of data showing a slowdown in U.S. inflation, while Japan's yen inched higher after jumping the previous day. Year-on-year core inflation - which strips out volatile food and energy prices - fell to its lowest in three years at 3.6%. Some analysts said Fed officials will want to see proof of inflation's downward path before countenancing cuts, a point made by Minneapolis Fed President Neel Kashkari on Wednesday.
Reuters
GLOBAL MARKETS-Asia rides Wall St rally, dollar sags on inflation relief
Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver two interest rate cuts this year. U.S. Treasury yields extended their retreat in Tokyo trading, sinking to six-week troughs. U.S. data on Wednesday showed the consumer price index (CPI) rose by 0.3% in April, below an expected 0.4% gain, raising hopes the Fed can cut rates by 50 basis points this year, with the first quarter-point reduction fully priced for September.

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Amazon, AMD, 3M earnings, consumer data: What to watch

Latest stories

Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in

‘You guys are seriously broke’: Dave Ramsey delivers wake up call to Iowa couple making nearly $200,000

Trump Media says it will delay quarterly filing due to auditor change

China Sells Record Sum of US Debt Amid Signs of Diversification

BlackRock executive pay wins only narrow support from shareholders

GameStop Extends Rout on Plan to Sell Up to 45 Million Shares

Norway Wealth Fund Blacklists Adani Ports Citing Ties to War

Is NVIDIA Corp (NVDA) The Best Jim Cramer Stock to Buy Now?

GIP, ADIA Join Khazanah’s Takeover Bid for Malaysia Airports

Milei Says Argentina Is ‘Very Close’ to Lifting FX Controls

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI

Siemens misses profit forecast as customers stick to trend of destocking

Nvidia: One thing this strategist thinks could threaten growth

5 Side Gigs Jade Warshaw Did To Pay Down Debt — and You Can, Too

How Long Will $300,000 Last Me in Retirement?

Canadian Homes for Sale Climb With Second-Biggest Jump on Record

China’s Special Bond Sale Sees Demand In Line With 2024 Trend

This Houston student paid his college tuition on credit cards — even Caleb Hammer says he’s ‘never seen that’

FOREX-Dollar rebounds after falling on weaker US inflation, yen ticks up

GLOBAL MARKETS-Asia rides Wall St rally, dollar sags on inflation relief