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Unusual Machines (UMAC) is breaking out on May 28, following reports that the Trump administration is in active negotiations to funnel federal funding to multiple US drone companies. Investors are cheering UMAC, believing it’s among those the Pentagon has identified for potential backing, especially since Donald Trump Jr. sits on its advisory board. Including today’s… Continue reading Unusual Machines stock is breaking out and it may have President Trump to thank

Wall Street reversed a weak start and turned positive on Thursday after reports emerged that the United States and Iran had reached a preliminary agreement aimed at extending the current ceasefire and launching negotiations over Iran’s nuclear program. The S&P 500 and Nasdaq Composite both climbed to fresh record highs during the session following the… Continue reading S&P 500 rebounds on reports of US-Iran 60-day ceasefire MoU

Shares of Dollar Tree DLTR surged on Thursday after the discount retailer reported stronger-than-expected fiscal first-quarter earnings, raised its full-year profit outlook, and announced a new delivery partnership with DoorDash. Dollar Tree stock jumped roughly 17% during trading, putting the shares on pace for their best single-day performance in nearly four years. The rally followed… Continue reading Why are investors rushing back into Dollar Tree stock?

The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it… Continue reading DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem

Wall Street traded mixed on Thursday as investors weighed softer-than-expected monthly inflation data against escalating geopolitical tensions between the United States and Iran, which pushed oil prices sharply higher. The Dow Jones Industrial Average fell 194 points, or 0.37%, while the S&P 500 and Nasdaq Composite fell 0.14% and 0.24%, respectively. Markets initially found some… Continue reading Dow slips 190 points as oil jumps, inflation data eases Fed concerns

BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God’s Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker’s long-term goal is to achieve “zero traffic accidents” through intelligent driving technology. As part of… Continue reading BYD expands ‘God’s Eye’ rollout amid EV price war

Snowflake (SNOW) is ripping higher this morning after the cloud-based data platform announced a surprise $6 billion infrastructure partnership with Amazon Web Services (AWS). Under this five-year strategic collaboration, SNOW is deeply committed to AWS custom Graviton processors and artificial intelligence (AI) infrastructure to drive enterprise agentic AI. Including recent gains, Snowflake stock is trading… Continue reading Snowflake stock is soaring and it may be entirely because of Q1 earnings

Britain’s benchmark FTSE 100 index fell on Thursday, snapping a seven-day winning streak, as renewed hostilities between the United States and Iran weighed on investor sentiment and clouded hopes of reopening the Strait of Hormuz. The blue-chip FTSE 100 index fell 0.8% to 10,418.33 points by 1013 GMT. The domestically focused FTSE 250 index also… Continue reading FTSE 100 falls as US-Iran strikes hit market sentiment

Shares of Dell Technologies DELL rose sharply in premarket trading on Wednesday after the Pentagon awarded the company a roughly $9.7 billion contract to help manage Microsoft software systems across the US military. Dell shares gained 3% ahead of the opening bell, extending a rally that has already seen the company’s market value more than… Continue reading Dell stock jumps ahead of earnings as Pentagon awards $9.7B contract