Gold prices eased slightly on Friday as investors moved into equities on hopes of progress in Iran peace talks
Month: May 2026
Average US Long-Term Mortgage Rate Climbs to 6.51 Percent Highest Level in Nine Months
US 30-year fixed mortgage rates hit their highest point since late 2025 as bond yields rose on geopolitical concerns
Nvidia Posts Strong Quarterly Earnings but Share Price Reaction Muted by Broader Macro Concerns
Chip giant Nvidia impressed with earnings results but its stock moved modestly amid wider market caution
Walmart Plans Price Cuts Using Tariff Refunds as Skittish Shoppers Seek Deals
The retailer said it would use money from tariff refunds to cut prices and retain cautious consumers
Walmart Issues Worse-Than-Expected Earnings Outlook as High Gas Prices Hurt Shoppers
The retail giant’s shares fell after it disclosed a weaker full-year profit forecast due to rising fuel costs linked to the Iran war
SpaceX Could Seek 1.7 Trillion Dollar Valuation Making It Potentially Worlds Biggest IPO Ever
Analysts estimated SpaceX was targeting a valuation far exceeding the current record held by Saudi Aramco’s 2019 listing
Retail Investors Rush Into Space Stocks Ahead of SpaceX IPO at Fastest Rate Since 2021
Everyday investors poured money into space-related funds and infrastructure plays anticipating the SpaceX listing
SpaceX Files for IPO That Could Raise Up to 75 Billion Dollars in Biggest-Ever Market Debut
Elon Musk’s rocket and satellite company disclosed its finances for the first time as it prepares for a Wall Street listing
Dow Jones Rises 294 Points to Set New Record High Ahead of Memorial Day Weekend
US stocks rallied on Friday with the Dow setting a record close driven by optimism about potential progress in Iran talks
Kevin Warsh Sworn In as Federal Reserve Chair at White House Replacing Jerome Powell
Kevin Warsh was officially installed as the 11th modern Fed chair in a White House East Room ceremony with Justice Clarence Thomas administering the oath