Kevin Warsh, former member of the Federal Reserve Board of Governors. Courtesy: Hoover Institution Federal Reserve chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints in setting policy. In a much-anticipated hearing before the…
JPMorgan Chase will extend a $1.5 trillion investment program designed to bolster U.S. economic resilience across Europe, the Wall Street giant said on Tuesday. The 10-year Security and Resiliency Initiative (SRI) was launched in the U.S. last October with the aim of facilitating, financing and investing in industries deemed critical to American economic security and…
Check out the companies making headlines after the bell : Zions — Shares slipped almost 3% after the regional bank reported net interest income in its first quarter of $662 million, coming in below the $674.5 million analysts polled by StreetAccount had anticipated. However, Zions’ earnings of $1.56 per share beat the consensus forecast of…
Greg Abel is wasting little time putting his stamp on Berkshire Hathaway ‘s investment portfolio, reportedly moving to unwind positions tied to the departed lieutenant Todd Combs. The new chief executive has already sold stocks previously overseen by Combs after the longtime investment manager and Geico chief left for JPMorgan at the end of 2025,…
Check out the companies making the biggest moves in midday trading: Stanley Black & Decker — The power toolmaker jumped more than 4% after it said recent changes to Section 232 tariffs aren’t supposed to have a material impact on its full-year forecast . Section 232 tariffs set a general 50% rate on aluminum, steel…
Howard Marks warned that investors hunting for bargains may be disappointed, saying markets are still far from distressed levels despite bouts of volatility. The co-founder and co-chairman of Oaktree Capital Management, who famously foresaw the dot-com bubble, said the current environment reflects an ongoing “tug of war” between bullish and bearish forces, with optimism largely…
A Blue Origin New Glenn rocket carrying an AST SpaceMobile Bluebird 7 satellite launches from pad 36 at Cape Canaveral Space Force Station on April 19, 2026 in Cape Canaveral, Florida. Paul Hennesy | Anadolu | Getty Images A failed satellite launch sent of AST SpaceMobile down sharply on Monday. The stock fell nearly 12%…
Check out the companies making the biggest moves premarket: Airlines — The group was under pressure Monday as investors worry that renewed U.S.-Iran tensions will keep energy prices elevated and push consumers to travel less. American Airlines , Delta Air Lines and United Airlines were all down more than 2% before the bell. JetBlue Airways…
The Cursor logo arranged on a smartphone in New Hyde Park, New York, Nov. 20, 2025. Gabby Jones | Bloomberg | Getty Images Artificial intelligence startup Cursor is in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment, a source familiar with the matter…
Cybersecurity and enterprise software stocks have been market dogs in 2026, with fears that AI will wipe out a wide range of companies in the enterprise space dominating the narrative. But they snapped a brutal losing streak this past week, joining in the broader market rally that saw all losses from the U.S.-Iran war regained…
