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Trump Rages Over Tariff Court Ruling, Blames 'Radical Left' Judges And Federalist Society As $34B Trade War Toll Emerges
May 30, 2025
Trump defended his tariff strategy, claiming it helped the U.S. collect "trillions of dollars" and bolstered national prosperity.
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Nasdaq Futures Slip As Tariff Jitters Return — Strategist Says Lack Of ‘Earnings Collapse’ Is Market’s Saving Grace
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The spotlight in Friday’s session is likely to be on the April personal income and spending report, which encompasses a key inflation measure.
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Trump Tariffs Temporarily Preserved As Appeals Court Pauses Lower Ruling
May 29, 2025
A federal appeals court grants the Trump administration a temporary stay on a lower-court ruling that invalidated most of the tariffs imposed by President Donald Trump.
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NVDA, TSLA Turbocharge QQQ Surge Toward Best Month Since 2023
May 29, 2025
QQQ, an ETF mirroring the tech-heavy Nasdaq 100 index, is surging in May thanks to Nvidia and Tesla's strong performance.
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Fed’s Goolsbee Says Interest Rates Could Come Down In 2025 If Trump’s Tariffs Are Avoided
May 29, 2025
He also warned that the U.S. economy is heading in the “stagflationary direction.”
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Stocks Edge Higher After Court Stifles Trump Tariffs, Nvidia Rallies To 3-Month Highs, Bitcoin Dips Below $107K: What's Driving Markets Thursday?
May 29, 2025
Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of...
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Trump May Ask Supreme Court To Halt Federal Court’s Tariff Block As Soon As Friday
May 29, 2025
In a filing with the U.S. Court of Appeals for the Federal Circuit on Thursday morning, the Trump administration said it would seek emergency relief to prevent “irreparable national-security and...
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Trump Administration Nearing Three Trade Deals Despite Tariff Ruling, Says White House Advisor Kevin Hassett
May 29, 2025
Hassett did not disclose which three deals are on the table but stated they were ready for President Trump’s decision as of last week.
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US GDP Shrank 0.2% In Q1 As Per Revised Estimate, Confirming Contraction In The Economy
May 29, 2025
Earlier, it was reported that the U.S. economy contracted by 0.3%; the 0.1 percentage point revision reflects an upward revision to investment that was partly offset by a downward revision to consumer...
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Trump's Tariff Refund Could Cost US $10 Billion With 2% Month-End Rebalance Impact On Equities In Case Of An Appeal: 'Uncertainty Is Back Front And Center'
May 29, 2025
Striking down Donald Trump's tariffs could have a widespread effect on the economy, stock market, and individual companies.
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'Hardly The End Of This Story:' Trump Has Several Legal Options To Maintain Tariffs Despite Federal Court Ruling, Experts Say
May 29, 2025
President Donald Trump has been dealt a significant blow to his trade policies, with a federal court ruling against his authority to impose global tariffs. However, the president is likely to find a...
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Dow Futures Rise As Trump Tariffs Get Blocked, Nvidia Q1 Earnings Beat Expectations
May 29, 2025
While Dow Jones futures were up 0.52% at the time of writing, the S&P 500 futures rose 1.11%.
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US Stocks Likely To Open Higher After Federal Court Blocks Trump's Tariffs: 'Without Tariff Revenues, There Is A Big Beautiful Hole In The Big Beautiful Budget Bill,' Says Expert
May 29, 2025
U.S. stock futures jumped on Thursday after ending lower on Wednesday. Futures of major benchmark indices rose over 1% in premarket.
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Bitcoin ETFs Gain Momentum Amid Digital Asset Boom: 'Investors Are Asking For It' And Institutions Want To 'Incorporate Digital Assets,' Says Grayscale
May 29, 2025
The digital asset landscape is experiencing a significant surge, with Bitcoin (CRYPTO: BTC) exchange-traded funds emerging as a pivotal force driving institutional adoption.
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C3.ai Eyes $47 Billion Agentic AI Market By 2030 With $60 Million ARR: 'We Are Well Positioned To Capitalize,' Says CEO
May 29, 2025
C3.ai said during its Q4 earnings call that it was positioning itself to tap the $47 billion growing market of AI agents by 2030.
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Market Monitor Trends (SPY, QQQ, IWM) and Breadth May 29
May 29, 2025
The breadth indicators signal a fragile and reactive market environment, prone to sharp swings and lacking sustained leadership. Bullish momentum may struggle to gain lasting traction.
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Chartmill
Abercrombie & Fitch Absorbs Tariff Impact, No Price Hike Despite $50 Million Cost: Plans To Open 100 New 'Physical Experiences' In 2025
May 29, 2025
Abercrombie & Fitch's management hinted at absorbing the tariff impact and announced plans to open 100 new "physical experiences" in 2025.
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Benzinga
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World Trade
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Salesforce Declares 'Multitrillion Dollar Opportunity' With Digital Labor Revolution: Jim Cramer Says CRM Is Doing 'Exciting Things'
May 29, 2025
Salesforce's management continued to place its bets on the multitrillion-dollar opportunity arising from the digital labor revolution.
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Benzinga
Nasdaq Futures Rip Higher On Nvidia Earnings, Trade Court Blow To Trump Tariffs — But Analyst Stays Wary
May 28, 2025
Morgan Stanley Research says the U.S. will continue trade negotiations but not eliminate tariffs.
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Elon Musk Bows Out Of DOGE, Thanks Trump For 'Opportunity To Reduce Wasteful Spending'
May 28, 2025
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Trump’s Global Tariffs Struck Down By US Trade Court: Futures, Dollar Climb As Gold Slides
May 28, 2025
A U.S. federal trade court ruled that Trump exceeded his authority by imposing sweeping global tariffs under emergency powers, declaring the measures unlawful.
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Fed Minutes Show Officials Agree That Committee Was Well Positioned To Wait For More Clarity
May 28, 2025
Fed officials also stressed the importance of ensuring that longer-term inflation expectations remained well anchored.
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Senator Elizabeth Warren Reportedly Questions Pentagon AI Contracting Amid Reports Of Elon Musk’s Grok Use In US Agencies
May 28, 2025
Elon Musk’s Grok chatbot is reportedly being promoted for broader adoption within federal departments, including the Department of Homeland Security, despite not having received formal approval.
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Wall Street Stalls As Treasury Yields Climb Again Ahead Of Nvidia Earnings, Fed Minutes: What's Driving Markets Wednesday?
May 28, 2025
After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
Via
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2 Top Bargain Stocks Ready for a Bull Run
May 28, 2025
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US Mortgage Applications Slip As Rates Hit 18-Week High
May 28, 2025
The 30-year fixed mortgage rate rose to 6.98%, an 18-week high, up from 6.92% the week before.
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Stock Market Is Pricing A Never-Before-Seen 'Divergence' As Equities And Bonds 'Run It Hot' Amid Gloomy Outlook By Bottom-Up Analysts
May 28, 2025
Stocks near all-time highs stand in contrast to the pessimistic views of the bottom-up analysts, according to Bob Elliott of Unlimited Funds.
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Benzinga
Dow Futures Edge Lower As Countdown To Nvidia Earnings Begins
May 28, 2025
While Dow Jones futures were down 0.04% at the time of writing, the S&P 500 futures rose 0.06%.
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US Stocks Likely To Open Lower Ahead Of Nvidia's Q1 Earnings: 'A New Modest Bear Market Is Now Underway,' Says Expert
May 28, 2025
U.S. stock futures were trading below the flatline on Wednesday after rallying on Tuesday. Futures of benchmarks declined in premarket.
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Benzinga
Jurrien Timmer Says Cyclical Bull Market Likely Over In Feb 2025, Expects Rangebound Scenario: 'Modest Bear Market Is Now Underway'
May 28, 2025
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