Billionaire Israel Englander Sells Sandisk Stock and Buys Another AI Memory Stock (Hint: Not Micron)
Billionaire Israel Englander, one of Wall Street's most successful hedge fund managers, sold Sandisk and bought Everpure in the first quarter.
Market Analysis
Best 3 Tech ETF Picks for the 2nd Half of 2026
The Vanguard Information Technology ETF (VGT) is the way to invest in the sector as a whole.
World oil demand set for first annual decline since 2020, IEA says
Global oil demand is set to decline for the first time since 2020 as the Iran war wreaked havoc with production and exports in the Middle East, the International Energy Agency (IEA) said Friday.
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Canadian Dollar: Jobs and BoC caution shape outlook – ING
ING’s Francesco Pesole highlights that Canada’s June jobs report is expected to show a sharp slowdown in hiring and a pickup in wage growth. He argues the bar for a hawkish shift by the Bank of Canada (BoC) remains high…
Canada Unemployment Rate forecast to remain unchanged in June
Markets are anticipating a fairly stable report when Statistics Canada releases its Labour Force Survey on Friday. While the Net Change in Employment is predicted to rise by 10K in June, adding to the 87.8K gain in May,…
Euro remains pinned at one-year lows against the British Pound as Euro Area inflation moderates
The Euro (EUR) remains on the defensive against the British Pound (GBP) on Friday, with the EUR/GBP pair unable to take off from one-year lows at the 0.8515 area. Data from Germany and France confirmed that inflationary…
WTI rally takes a timeout amid signs of US-Iran war de-escalation
West Texas Intermediate (WTI) Oil futures on NYMEX trade slightly lower to near $71.50 during the European trading session on Friday. The Oil price extends its correction after posting a fresh over two-week high at $75.…
US Dollar: AI-driven imports reshape trade – Commerzbank
Commerzbank’s Volkmar Baur says AI-related capital-goods imports are structurally widening the US trade deficit. Strong foreign demand currently helps finance the gap, but weaker confidence in the United States (US) AI …
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EQT To Acquire AI Infrastructure Platform Copia Power From Carlyle
(RTTNews) - EQT Corp. (EQT), on Friday, agreed to acquire Copia Power, an integrated power and AI infrastructure platform, from The Carlyle Group Inc. (CG).
Best 3 Vanguard Bond ETF Picks for the Second Half of 2026
The Fed has indicated that rate cuts are unlikely in 2026. That means investors should be careful about investing in longer-term bonds.
Euro: Narrow path for sustained strength against US Dollar – ING
ING’s Francesco Pesole writes that Middle East tensions have modestly re-tightened EUR/USD short-term swap rate differentials by around 10bp, though the spread remains wider than pre-war levels. While this supports expe…
Indian Rupee rebounds further, ignoring oil price recovery
The Indian Rupee (INR) extends Thursday’s recovery against the US Dollar (USD) in the opening session on Friday. The USD/INR pair falls further to near 95.22 as the US Dollar weakens amid hopes that the restart of the w…
Equities: Tech and chips drive relief rally – Deutsche Bank
Deutsche Bank strategists say a strong semiconductor rally and lower oil prices helped lift global equities. The S&P 500 rebounded as investors rotated from defensive sectors into growth and cyclical stocks, while gains…
Silver Price Forecast: XAG/USD rises as oil prices correct, US Dollar faces pressure
Silver price (XAG/USD) trades 0.4% higher to near $60.22 during the European trading session on Friday. The white metal gains as the US Dollar (USD) continues to remain under pressure amid hopes that the restart of the …
Indian Rupee: Inflation uptick with monsoon support – DBS
DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven by food normalisation and fuel-cost pass-through. She sees limited upside risks to core inflation, an improving but u…
Euro consolidates near 1.1450 as German data confirms easing inflationary pressures
The Euro (EUR) holds minor gains against a somewhat softer US Dollar (USD) on Friday. The pair edged up to the mid-range of the 1.1400s, but it has failed to find acceptance above the top of the last two weeks' trading …
Will SK Hynix’s Wall Street debut narrow its 'Korea discount'?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test whether the stock will be able shed its long-standing "Korea discount."
Dollar Falls as Stocks Rally and Crude Oil Retreats
The dollar index (DXY00) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation ex…
Chip giant SK Hynix raises $26.5bn in mega US share sale
South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US.
New Fed task force members share Chairman Kevin Warsh's embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed's …
People Are Talking About Contango While Oil Markets Are Far From Recovered
While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude's recent rebound from $71 to $79 a barrel is not mere…
Energy M&A kicks into high gear amid AI's thirst for power
M&A in the energy sector is soaring as developers of AI projects look to bypass the growing practical and regulatory hurdles to launching new power generation projects.
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations — a list that includes several prominent Wall Street names, busin…
Stocks Climb on Strength in Chipmakers
The S&P 500 Index ($SPX) (SPY) today is up +0.47%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.55%. September E-mini S&P futures (ESU26) are up +0.47%, an…