US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025.Andrew Caballero-Reynolds | Afp | Getty ImagesIndian Prime Minister Narendra Modi used his first conversation with U.S. President Donald Trump since the early May conflict between India and Pakistan to express his frustration with Trump’s repeated claims that he played a significant role in brokering a ceasefire between the two nuclear-armed countries.”Prime Minister Modi firmly stated that India does not and will never accept mediation. There is complete political consensus in…
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People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025.Adam Gray | ReutersApple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday.Kuo said Apple’s folding phone could have a display made by Samsung Display, which is planning to produce as many as eight million foldable panels for the device next year. However, other components haven’t been finalized, including the device’s hinge, Kuo wrote. He expects it to have “premium pricing.”Kuo is an analyst for TF International Securities, and focuses on the Asian electronics supply…
Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025.Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets fell Thursday, as investors weighed the U.S. Federal Reserve’s decision to keep interest rates steady, while the ongoing conflict between Israel and Iran continues to dent sentiment.Japan’s benchmark Nikkei 225 lost 0.74% while the Topix declined 0.61%. South Korea’s Kospi fell 0.34% and the small-cap Kosdaq was flat.Australia’s S&P/ASX 200 was flat.Hong Kong’s Hang Seng index declined 0.48% and mainland China’s CSI 300 was flat.Investors are also awaiting Taiwan and Philippines’ central bank decisions later in…
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year.With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a range between 4.25%-4.5%, where it has been since December.Along with the rate decision, the committee indicated, through its closely watched “dot plot,” that two cuts by the end of 2025 are still on the table. However, it lopped off one reduction for both 2026 and 2027,…
Alternative investments are gaining traction among financial advisors who are seeking diversification just as rising geopolitical tensions and shaky tariff policy rattle stocks. A survey of nearly 200 financial planners by the Financial Planning Association and the Journal of Financial Planning from March 23 to May 4 found that while these investments aren’t in widespread use among advisors, they’ve seen significant growth compared to last year. For instance, more than 17% of the advisors are incorporating options into their practice, nearly double from last year, the poll found. Some 23% are using individually traded real estate investment trusts, up from…
The final trades of the day with the Fast Money traders. Source link
BERLIN, GERMANY – MAY 12: Israeli President Isaac Herzog speaks during a press conference with German President Frank-Walter Steinmeier (not pictured) at Schloss Bellevue presidential palace on May 12, 2025 in Berlin, Germany. Carsten Koall | Getty Images News | Getty ImagesIsraeli President Isaac Herzog said Wednesday that his country was not pursuing regime change in Iran, and its attack on Tehran was aimed at eliminating its nuclear capabilities.Speaking to CNBC’s Dan Murphy, Herzog said that regime change was “not an official objective of ours,” and the goal was “to remove the Iranian nuclear program.”Herzog, who accused Teheran of “cheating”…
BERLIN, GERMANY – MAY 12: Israeli President Isaac Herzog speaks during a press conference with German President Frank-Walter Steinmeier (not pictured) at Schloss Bellevue presidential palace on May 12, 2025 in Berlin, Germany. Carsten Koall | Getty Images News | Getty ImagesIsraeli President Isaac Herzog said Wednesday that his country was not pursuing regime change in Iran, and its attack on Tehran was aimed at eliminating its nuclear capabilities.Speaking to CNBC’s Dan Murphy, Herzog said that regime change was “not an official objective of ours,” and the goal was “to remove the Iranian nuclear program.”Herzog, who accused Teheran of “cheating”…
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSEShares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate’s passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins. Circle, the issuer of the USDC stablecoin, rose 22% following the passing of the bill late Tuesday. It’s the continuation of a remarkable run for Circle’s stock…
These are the stocks posting the largest moves in midday trading. Source link