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Jim Cramer Attributes Nvidia's Premarket Dip To 'Meme Money' Frenzy: 'Just Small Motivated Shareholders Knocking It Down'
May 30, 2025
CNBC's Jim Cramer has weighed in on Nvidia's premarket dip, attributing its slight decline to the influence of "meme money."
Via
Benzinga
Trump Tariff Uncertainty Enters Courts: Experts Say 'Investors Should Expect Elevated Turbulence' Amid The Bullish 'Gridlock'
May 30, 2025
The trade policy chaos has deepened, causing elevated volatility and uncertainty, as the tariff tussle has now entered the courts.
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Dow Futures Edge Lower As Investors Weigh Fate Of Trump’s Tariffs
May 30, 2025
While Dow Jones futures were down 0.09% at the time of writing, the S&P 500 futures fell 0.15%.
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Asia In Red, Europe Edges Higher, Dollar Gains - Global Markets Today While US Slept
May 30, 2025
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US Stocks Likely To Open Lower As Appeals Court Temporarily Reinstates Tariffs: 'The Market Hate Uncertainty,' Says Expert
May 30, 2025
U.S. stock futures were flat on Friday after ending higher on Thursday. Futures of major benchmark indices fell in premarket.
Via
Benzinga
Scott Bessent Says Trump-Xi Call Needed As Talks With China Are ‘A Bit Stalled’
May 30, 2025
The Treasury Secretary said that, given the complexity, both leaders would need to weigh in.
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Dell's AI Server Orders Hit Record $12.1 Billion In Q1, Backlog Swells To $14.4 Billion: 'Exceptionally Strong Demand'
May 30, 2025
Dell Technologies reported a mixed Q1, driven by what executives described as "exceptionally strong demand" for its AI-optimized servers.
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Starbucks Takes Another Hit As TD Cowen Joins Goldman Sachs In Downgrading Stock: Retail Stays Bearish
May 30, 2025
The investment firm said its model predicts weak earnings from 2026 to 2028.
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Flexport CEO Ryan Petersen Agrees Trump Tariffs Aren't 'An Emergency,' Flags 'One Big Unknown' In Trade Court Ruling
May 30, 2025
Petersen, a prominent voice in logistics and global supply chain management, broke down the ruling's implications for importers, trade law, and U.S. economic strategy.
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Marvell Technology Data Center Business Triples Over 2 Years As Custom Silicon And Optics Fuel Surge: 'Expect This Momentum To Continue'
May 30, 2025
Marvell Technology's data center revenue tripled over the last two years, hitting a record in the first quarter of the current fiscal year.
Via
Benzinga
Market Monitor Trends (SPY, QQQ, IWM) and Breadth May 30
May 30, 2025
The data from May 29, 2025, confirms that market breadth has rebounded significantly, with strong participation and improving technical metrics across shorter moving averages.
Via
Chartmill
US Corporate Profits See Biggest Drop Since 2020 COVID Crash As Economic Worries Resurface: Retail Traders Are Bearish
May 30, 2025
Bureau of Economic Analysis data also showed that real gross domestic income (GDI) fell 0.2% in the Q1 , in contrast to an increase of 5.2% in Q4.
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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
May 29, 2025
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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Estee Lauder Gets New Makeup Division Head, Price Target Boost: Stock Climbs, But Retail Unmoved
May 29, 2025
Lisa Sequino will oversee brands such as MAC, Bobbi Brown, Too Faced, Smashbox, and Glamglow.
Via
Stocktwits
Warren Buffett Net Worth Soars In 2025: Oracle Of Omaha Worth As Much As Jensen Huang, Phil Knight, Mark Cuban Combined
May 29, 2025
In 2025, only 4 of the world's 10 richest people gained wealth, including Warren Buffett who added $15.4 billion.
Via
Benzinga
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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Benzinga
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Powell Meets Trump, Stresses Monetary Policy Decisions Will Be Based On Objective And ‘Non-Political Analysis’
May 29, 2025
During his meeting with the U.S. President, the Fed Chair emphasized that the direction of monetary policy will depend entirely on incoming economic data and its implications for the outlook.
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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...
Via
Benzinga
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Government
Exposures
Political
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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Boeing CEO Kelly Ortberg Says Company Will Resume China Deliveries Next Month
May 29, 2025
According to a CNBC report, Ortberg also pointed out that Boeing has been paying tariffs on imported components from Italy and Japan for its wide-body Dreamliner planes, which are manufactured in South...
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Investors Double Down On Taco Trade After Tariff Invalidation; A Tell From Nvidia; Mass Layoffs
May 29, 2025
Via
Benzinga
Apple Eyes Worst Month Vs. S&P 500 Since 2018 — But History Says Buy The Dip Now
May 29, 2025
Apple is underperforming the S&P 500 by most since 2018. History shows these dips often lead to big gains.
Via
Benzinga
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Stocks
Exposures
US Equities
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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'Educate Yourself': Grayscale ETF Head Wants Skeptics To Learn About 'Disruptive' Nature Of Bitcoin And Other Cryptos
May 29, 2025
Grayscale’s Global Head of ETFs, Dave LaValle, encouraged cryptocurrency skeptics to educate themselves about the “disruptive” potential of the asset class.
Via
Benzinga
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ETFs
Tariffs Blocked By Court, But Goldman Sachs Says Trump Could Reimpose Them 'Within Days'
May 29, 2025
US Court of International Trade blocked Trump's tariffs, but Goldman Sachs economist says White House has options to bring them back quickly.
Via
Benzinga
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Government
World Trade
Exposures
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Tariff
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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Best Buy Stock Slides After Company Slashes Full-Year Revenue, Profit Guidance To Reflect Trump Tariffs' Impact
May 29, 2025
The firm expects revenue of $41.1 billion to $41.9 billion compared to the prior guidance of $41.4 billion to $42.2 billion.
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World Trade
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Tariff
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.
Via
Benzinga
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Economy
Government
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Exposures
Economy
Political
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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...
Via
Benzinga
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Government
World Trade
Exposures
Political
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