Author: Admin

USD/JPY is into the intervention danger zone following a strong non-farm payrolls report.The chart tells the story as the last time the pair traded up here in late April, the Japanese MOF came in with the hammer and knocked it down to 155.75 in short order. Anyone buying here is betting that this time they don’t intervene. In that vein, the pair just quickly fell by 50 pips.USDJPY 10 minsThe pair rose to 160.22 from 159.88 on the release of the US jobs report. It showed 172K jobs created in May compared to 85K expected. The prior two reports were…

Read More

NASA Administrator Jared Isaacman reiterates bipartisan support and robust resources for the mission before 2028. President Donald Trump is expected to announce a nearly $700 million initiative Thursday aimed at supporting the U.S. coal industry, including funding for power plant upgrades, new projects and export infrastructure. According to a White House official, Trump plans to invoke the Defense Production Act, a Cold War-era law that grants presidents broad authority over industries considered vital to national security, to direct federal support to coal projects across the country.The announcement could come as soon as Thursday afternoon during a White House event focused…

Read More

Janet Yellen has outlined three lessons from Jerome Powell’s tenure as chair of the US Federal Reserve.In a speech on June 2 at an event in Washington looking back on Powell’s time as head of the US central bank, Yellen – a former Fed chair and US Treasury secretary – said he had “served the American people with distinction under circumstances none of us fully anticipated”.Yellen said the first lesson to be drawn from his chairmanship was that monetary policy cannot tame supply-driven inflation Only users who have a paid subscription or are part of a corporate subscription are able…

Read More

The Kalshi market “Will Iran effectively close the Strait of Hormuz for 7+ days?” appears on a smartphone screen, with the Kalshi logo displayed on a laptop computer screen in the background, in this photo illustration taken in Chania, Greece, March 9, 2026.Nikolas Kokovlis | Nurphoto | Getty ImagesPrediction market platform Kalshi is developing a new interface for its highly engaged traders to track the company’s prediction markets, according to a source familiar with the plans.The product, which the source compared to the “Bloomberg Terminal” for traditional equities and derivatives, is currently in alpha testing with a select group of…

Read More

Shares of Macy’s, Inc. (M) gained 0.6% after the company reported first-quarter 2026 earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.02 per share. Medtronic plc’s (MDT) shares jumped 5.7% after the company reported fourth-quarter 2026 earnings of $1.55 per share, surpassing the Zacks Consensus Estimate of $1.54 per share. Shares of Ollie’s Bargain Outlet Holdings, Inc. (OLLI) rose 0.6% after the company reported first-quarter fiscal 2026 earnings of $0.91 per share, outpacing the Zacks Consensus Estimate of $0.87 per share. Shares of Microsoft Corporation (MSFT) declined 3.2% on the broader tech decline.  Beyond Nvidia: AI’s Second Wave Is Here…

Read More

Bill Barhydt, CEO of ABRA, recently appeared on the Investing News Network podcast to discuss DeFi’s potential and the changing landscape of wealth management in the crypto age.In his view, the industry is currently in a nascent stage, focused on safely onboarding high-net-worth and institutional investors without undue risk exposure. A key revolutionary concept is tokenization, which is poised to change access to real-world assets.For instance, tokenized money market funds, already utilized by companies like BlackRock (NYSE:BLK), offer investors a compliant path to liquid, high-yield assets. The main resistance to DeFi integration comes from banks, which are concerned about losing…

Read More

Everyone knows NVIDIA. Few ask who connects NVIDIA to the world. That’s where opportunities like emerge quietly powering the AI revolution, one connection at a time. The best investments are often discovered before they become household names. Why Amphenol Is Interesting? Amphenol makes the “plumbing” of the digital economy: High-speed connectors Fiber-optic interconnects AI data center cabling Sensors Aerospace connectors Defense electronics connectivity Every AI server, networking rack, aircraft, missile system, vehicle and industrial machine needs these components. The company is also guiding for another 40%+ revenue and EPS increase in Q2 2026. Automotive Electronics That’s a very powerful combination.…

Read More