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Stock Market Today - 5/26: Stocks Rally On Fed Minutes 'Pause' Hint; Q1 GDP Revised Lower
The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.
Breaking News
Stock Futures Higher, Nvidia, Twitter, Apple and Snowflake In Focus- 5 Things You Must Know
Stock futures higher on Fed minutes follow-through; Nivida slumps as muted gaming outlook clouds solid Q1 earnings; Twitter leaps as Elon Musk adds more equity to takeover bid; Apple slides on report of flat iPhone production for 2022 and Snowflake slumps after Q1 customer growth, margins disappoint
Intel CEO Believes Chip Shortage is Only at Halfway Point
Delays in chip manufacturing equipment have grown substantially in last six months.
Musk Makes Surprise Announcement Affecting Twitter Deal
Move appears to raise hopes troubled deal could go through.
Here's What You'll be Paying More For This Memorial Day
Prices for several key components of the holiday are up a lot as the summer gets underway.
Support Grows to Save a Las Vegas Strip Icon Set for Demolition
One of the most recognizable parts of the famed Sin City road faces a wrecking ball.
PREMIUM CONTENT
General Motors Takes a Big Hit
GM says it found 'malicious login activity' on an unspecified number of online user accounts.
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
Asset manager Cathie Wood also bought shares of her flagship fund's No. 3 holding and shares of a cryptocurrency exchange.
The Best Outdoor TVs of 2022
You're going to pay more for an outdoor TV, but the trade-off is a better experience--plus the durability to work during all seasons.
Don't Panic! What History Tells Us After 7 S&P 500 Losing Weeks
The S&P 500 has fallen for seven straight weeks. Here's why you don't want to panic now.
Elon Musk Makes a Choice for the 2024 Presidential Election
Elon Musk, billionaire and executive of multiple companies, is in the process of acquiring the opinion-shaping social network Twitter.
Elon Musk Sounds an Alarm on Italy, Hong Kong, South Korea
Tesla's CEO, the world's richest man, is increasingly commenting, and acting, on matters of global concern.
McDonald's Copies a Burger King Menu Item
The Home of the Whopper and inventor of the Big Mac have a beef.
'Big Short' Michael Burry Awakens Ghosts of the 2008 Financial Crisis
The sad memories of the 2008 financial crisis resurfaced on the markets after a cryptic tweet from 'Big Short' legend Michael Burry.
A Visual Guide to Every Dinosaur in The Jurassic Park and Jurassic World Movies
“Jurassic World: Dominion” opens June 10 and will introduce several dinosaurs we haven’t seen yet in the fictional series, a few favorites will return, too. Here's a guide.
Twitter Investors Deal a Big and Humiliating Blow to Musk
Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.
TheStreet DEALS
TheStreet Financial Channels
Snap: Why Investors Should Heed Snapchat Parent's Warning
TradeZero: What Meme Investors Need to Know
AMC Entertainment: Can It Weather the Storm?
Amazon Stock: Buy the Dip?
FUTURES
Tesla Stock Clipped As Jefferies Cuts Price Target, Citing Higher Risk Profile Linked To Elon Musk
"We are clearly witnessing an uncomfortable pile up of negative news (for Tesla) from ratings to polarizing political opinions and ethical questions," said Jefferies analyst Philippe Houchois.
Stock Market Today - 5/26: Stocks Rally On Fed Minutes 'Pause' Hint; Q1 GDP Revised Lower
The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.
Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal
"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.
TAXES
Do You Pay Taxes on Investments? What You Need to Know
As you diversify your financial portfolio, here are some important points you need to know so you can invest with peace of mind.
Guide to IRS Tax Penalties: How to Avoid or Reduce Them
Here's how you can minimize or avoid the most common penalties imposed by the IRS.
When to Use Tax Form 1099-R: Distributions From Pensions, Annuities, Retirement, etc.
You should receive a copy of Form 1099-R, or some variation, if you received a distribution of $10 or more from your retirement plan.
What Is Flowcarbon and Its Goddess Nature Token?
Former WeWork CEO Adam Newmann is back with an all-new crypto project. Here’s what you need to know about Flowcarbon.
Is More Crypto M&A on the Way?
Are reports that FTX is holding talks with brokerage startups a sign of more M&A in the crypto landscape?
A Warning Signal From Currency Markets
Currency markets are sending some important warning signals about global growth and inflation coming from movements in the Chinese yuan, the euro and the Japanese yen.
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