Market News
Latest financial news from across the markets
Daily Market Overview
The market is reacting to significant developments surrounding President Trump's tariffs, as the Supreme Court ruled many of them unconstitutional, leading to potential refunds estimated at over $175 billion. Retail stocks like Amazon and Etsy saw gains following the ruling, while Nike's stock experienced volatility amid ongoing tariff uncertainties. In tech, OpenAI announced a reset in spending expectations, targeting around $600 billion by 2030, and Microsoft’s Xbox chief Phil Spencer announced his retirement, replaced by AI executive Asha Sharma. Meanwhile, average IRS tax refunds are up 14.2%, which could influence consumer spending trends moving forward.
Latest Market Updates
| Title | Published |
|---|---|
Could âToy Story 5â help parents get kids off screens? âTalk about it,â says expert Could âToy Story 5â help parents get kids off screens? âTalk about it,â says expert | less than a minute ago |
Treasury: Trump accounts sign up about 3 million kids in early push Treasury: Trump accounts sign up about 3 million kids in early push | less than a minute ago |
OpenAI resets spending expectations, says compute target is around $600 billion by 2030 OpenAI resets spending expectations, says compute target is around $600 billion by 2030 | less than a minute ago |
Blue Owl's software lending triggers another quake in private credit Blue Owl's software lending triggers another quake in private credit | less than a minute ago |
National PTA breaks ties with Meta amid child-safety trials National PTA breaks ties with Meta amid child-safety trials | less than a minute ago |
The best trades after geopolitical shocks as possible Iran conflict looms The best trades after geopolitical shocks as possible Iran conflict looms | less than a minute ago |
Here's the one market theme that could steal attention from Nvidia next week Here's the one market theme that could steal attention from Nvidia next week | less than a minute ago |
Could âToy Story 5â help parents get kids off screens? âTalk about it,â says expert
Could âToy Story 5â help parents get kids off screens? âTalk about it,â says expert
Treasury: Trump accounts sign up about 3 million kids in early push
Treasury: Trump accounts sign up about 3 million kids in early push
OpenAI resets spending expectations, says compute target is around $600 billion by 2030
OpenAI resets spending expectations, says compute target is around $600 billion by 2030
Blue Owl's software lending triggers another quake in private credit
Blue Owl's software lending triggers another quake in private credit
National PTA breaks ties with Meta amid child-safety trials
National PTA breaks ties with Meta amid child-safety trials
The best trades after geopolitical shocks as possible Iran conflict looms
The best trades after geopolitical shocks as possible Iran conflict looms
Here's the one market theme that could steal attention from Nvidia next week
Here's the one market theme that could steal attention from Nvidia next week