Author: usaeverydaylife

The Israeli military struck the southern Gaza city of Khan Younis on Tuesday evening in an attempt to kill Muhammad Sinwar, one of Hamas’s top leaders in the enclave, according to Israeli military officials.There was no immediate confirmation that Israel was successful.Throughout the war in Gaza, Israel has sought to eliminate Hamas’s hierarchy, methodically assassinating the group’s top officials. After such killings, the Israeli military has often taken weeks to confirm a target’s death, while Hamas has sometimes taken months.Here’s what we know about Mr. Sinwar, who has survived such assassination attempts before.He is Yahya Sinwar’s younger brother.Muhammad Sinwar was…

Read More

What do Incyte , KKR and Chipotle have in common? At first glance, absolutely nothing. INCY is a biotech stock, KKR is a financial/private equity firm and CMG is, of course, a popular restaurant in the consumer discretionary sector. If you haven’t heard much about these names during the market’s recent surge, it’s no surprise. All three remain below their respective 200-day moving averages, which means they’ve underperformed in recent weeks. This is especially glaring compared to large-cap growth stocks, many of which have rallied 20%, 30%, 40% from their lows. Some are even approaching new highs for the year.…

Read More

Sam Altman, co-founder and CEO of OpenAI and co-founder of Tools for Humanity, participates remotely in a discussion on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., April 24, 2025.Brendan Smialowski | AFP | Getty ImagesNot long ago, Silicon Valley was where the world’s leading artificial intelligence experts went to perform cutting-edge research. Meta, Google and OpenAI opened their wallets for top talent, giving researchers staff, computing power and plenty of flexibility. With the support of their employers, the researchers published high-quality academic papers, openly sharing their breakthroughs with peers in academia and at rival companies.But that era…

Read More

Customers look over personal health items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots up — because of hefty tariffs imposed by President Donald Trump from April 2.Inflation data released Tuesday, however, showed that prices haven’t grown hotter yet. In fact, the annual reading came in lower than expected, and the core figure, which excludes volatile food and energy…

Read More

Omar Marques | Sopa Images | Lightrocket | Getty ImagesShares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its IPO.The stock opened at $69.69, or 34% above its initial offering price. Shares were last up more than 40%.The Israel-based company sold nearly 6 million shares at $52 each, above the expected range of $46 to $50. Almost 6 million additional shares were sold by existing investors. At the IPO price, the company was valued at roughly $4.2 billion.This is breaking news. Please check back for updates. Source link

Read More

Rising demand in the artificial intelligence space could mean a boost in shares of Alibaba , according to Morgan Stanley. Analyst Gary Yu reiterated his overweight rating on the e-commerce giant and has a $180 price target on the name, implying nearly 37% upside from Tuesday’s close. Using a sum-of-the-parts valuation analysis, Yu said the stock could be worth $200 per share, or about 52% higher than its latest closing price. Alibaba shares have already soared more than 57% year to date, outpacing the broader market. “Alibaba is a major AI enabler poised to benefit from surging AI inference demand,”…

Read More

President Donald Trump has posted more than 200 times about oil prices since he joined Twitter in 2009, with his missives providing some insight on what price he prefers for crude — and it’s not a good level for the U.S. shale industry. Goldman Sachs mined all of Trump’s posts on Twitter, X, and his social media platform Truth Social. The bank found that Trump has called for lower oil prices 213 times and higher prices 15 times. The president posts the least about oil prices when U.S. crude trades between $40 to $50 per barrel, suggesting that this is…

Read More

U.S. President Donald Trump, Qatar’s Emir Tamim bin Hamad Al Thani and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha, Qatar, May 14, 2025. Brian Snyder | ReutersBoeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said Wednesday.The deal for the 787 Dreamliner and 777X aircraft, struck during President Donald Trump’s state visit with the emir of Qatar, is Boeing’s “largest-ever widebody order and largest-ever 787 order,” according to the White House.Further details about the agreement were unclear. Boeing did not immediately respond to CNBC’s requests for…

Read More