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📰 ❖ OPPOSITION TO ALLEGEDLY DISCUSS OUSTING NETANYAHU TOMORROW Israeli opposition leader Yair Lapid, Yisrael Beytenu chairman Avigdor Liberman, and New Hope chairman Gideon Sa’ar are set to hold a meeting on May 29, during which they will discuss th
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📰 ❖ NETANYAHU REPORTEDLY CALLS RAFAH AIRSTRIKE ‘TRAGIC MISTAKE’ Israeli Prime Minister Benjamin Netanyahu said that the Israel Defense Forces’ (IDF) latest attack in an alleged Hamas’ compound in Rafah that killed at least 45 people and injured 249
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📰 ❖ S&P 500 COULD DIP BELOW 5000 IF HIGH INFLATION PERSISTS: RBC RBC’s base model, which leverages consensus forecasts on economic variables, suggests that the S&P 500 should trade at around 21.5x earnings by the end of 2024, potentially placing the
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📰 $ORCL ❖ MUSK REPORTEDLY SAYS XAI TO MAKE SUPERCOMPUTER https: / / t.co / gTHsS49W45 Corp. founder Elon Musk said that the company plans to create a supercomputer, The Information reported on Saturday citing an investor presentation. According to the
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📰 ❖ GOLDMAN SACHS MOVES FIRST FED CUT BACK TO SEPTEMBER Goldman Sachs is moving its forecast for the Fed’s first rate cut back one meeting, from July to September. The economists note that recent comments from Fed officials suggested a July cut woul
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📰 ❖ NEW EVIDENCE SUPPORTS FEAR THAT DRINKING RAW MILK CONTAINING BIRD FLU VIRUSES MAY BE DANGEROUS Anew study published Friday provides more evidence of the potential danger of drinking unpasteurized, or raw, milk containing H5N1 avian flu viruses.
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📰 ❖ Ukraine Strikes Russian Communications Center in Occupied Crimea with U.S.-Supplied Long-Range Missiles — Ukraine Defense Official — WSJ ❖ Strike by Ukraine on Russian Complex Is Latest in Series Using ATACMS That U.S. Started Providing This Yea
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📰 ❖ ISRAELI, EGYPTIAN FORCES EXCHANGE FIRE, EGYPTIAN SOLDIER KILLED Israeli and Egyptian forces exchanged fire near Rafah on Monday, with sources in the IDF saying Egyptian soldiers fired at Israelis soldiers who returned fire, according to Maariv.
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📰 $LLY ❖ Lilly to Spend $5.3 Billion to Expand Manufacturing of Zepbound, Mounjaro, Company Says — WSJ ❖ Lilly Project Will Expand New Manufacturing Site in Lebanon, Indiana, Company Says — WSJ ❖ Lilly Project Will Expand New Manufacturing Site in
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📰 FOMC MINUTES: ‘VARIOUS’ FED OFFICIALS MENTION RAISING RATES IF INFLATION WARRANTS IT FOMC MINUTES: FED OFFICIALS NOTE ‘DISAPPOINTING’ INFLATION READINGS IN FIRST QUARTER FOMC MINUTES: OFFICIALS DISCUSS HOLDING RATES STEADY FOR LONGER IF INFLATION
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📰 ISRAEL SAYS IT HIT HAMAS COMPOUND IN RAFAH The Israel Defense Forces (IDF) stated it struck Hamas’s compound in the Gazan city of Rafah, which important members of that organization recently used. “The strike was carried out against legitimate ta
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📰 ❖ TRUMP: I WILL ENSURE CRYPTO HISTORY IS MADE IN US Trump noted at the Libertarian National Convention in Washington DC, if he is re-elected in November, he will ensure that “the history of crypto and the history of Bitcoin” will be made in his co
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📰 $NVO ❖ NOVO NORDISK’S OZEMPIC CUTS RISK OF DEATH 20% IN KIDNEY TRIAL Specifically, the diabetes drug cut the risk of cardiovascular-related deaths by 29% and all-cause deaths by 20%. Given the study parameters, this implies that over three years
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📰 ❖ U.S MICHIGAN 1-YEAR INFLATION EXPECTATIONS (MAY) ACTUAL: 3.3% VS 3.5% PREVIOUS; EST 3.4% ❖ U.S MICHIGAN 5-YEAR INFLATION EXPECTATIONS (MAY) ACTUAL: 3.0% VS 3.1% PREVIOUS; EST 3.1% ❖ U.S MICHIGAN CONSUMER SENTIMENT (MAY) ACTUAL: 69.1 VS 67.4 PRE
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📰 $AMZN ❖ AMAZON HALTS ORDERS OF NVIDIA ‘SUPERCHIP’ TO AWAIT UPDATED MODEL Amazon’s cloud computing arm has halted orders of Nvidia’s most advanced “superchip” to wait for a more powerful new model, as investors fret about a dip in demand between t
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📰 TRUMP’S CAMPAIGN TO ACCEPT CRYPTO DONATIONS The presidential campaign of the Republican candidate Donald Trump officially launched a fundraising page that will allow donors to make contributions in cryptocurrencies on Tuesday. “Biden surrogate El
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📰 ❖ CHINA HINTS AT 25% TARIFF ON EU, U.S. CARS AS PROBE DEADLINE LOOMS The China Chamber of Commerce to the EU said it was informed about the potential move by “insiders,” according to a statement posted on X. The levies would affect European and U.
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📰 $TSLA ❖ TESLA’S SALES IN EUROPE FALL TO A 15-MONTH LOW Tesla Inc. got off to a sluggish start to the second quarter in Europe, where Chief Executive Officer Elon Musk was expecting a much better showing than the first few months of the year. http
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📰 ❖ WORLD ECONOMIC FORUM CHAIRMAN TO STEP DOWN Klaus Schwab decided to step down, Semafor reported on Tuesday citing a letter he sent to staff. Schwab has led the organization since its founding in 1971 and oversaw its influential annual meetings in
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