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@TheBadPlace@mastodon.ozioso.online · 1d ago
US Top News and Analysis | Jim Cramer's top 10 things to watch in the stock market Thursday AI generated summary, Read the full article for complete information. On Thursday, April 30 2026, Jim Cramer highlighted ten market catalysts: Alphabet topped earnings with strong AI‑driven growth in search, subscriptions and cloud, prompting a price‑target hike to $400; Amazon followed, boosting AWS to 28% growth and maintaining a $200 billion capex plan, lifting its target to $300; Microsoft saw 40% cloud growth and Copilot expansion, keeping its $500 target despite a slight stock dip; Meta’s lack of a cloud business hurt sentiment, leading to an 8.5% share decline and a reduced target of $750; broader market forces—robust earnings, lower oil, and bond yields—should support a higher S&P 500 opening; Eli Lilly smashed forecasts with a 49% U.S. volume surge, sending its stock up over 6%; Cardinal Health delivered modest earnings improvement but fell 1%; AI start‑up Anthropic is in talks for a $900 billion valuation; Qualcomm’s data‑center chip launch for a “large hyperscaler” spurred a >10% rally; and Intel, riding soaring demand for AI chips, hit an all‑time high with shares jumping nearly 24% after blockbuster earnings. Read more: https://www.cnbc.com/2026/04/30/jim-cramers-top-10-things-to-watch-in-the-stock-market-thursday.html #JimCramer #JeromePowell #Alphabet #Amazon #EliLilly #AndyJassy #DavidRicks
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@TheBadPlace@mastodon.ozioso.online · 2d ago
NBC News Top Stories | Bondi to testify in House Oversight's Epstein investigation AI generated summary, Read the full article for complete information. The Federal Reserve announced it will keep interest rates unchanged, shifting market attention to speculations about the future of Chairman Jerome Powell and potential leadership changes at the central bank. Read more: https://www.nbcnews.com/video/shorts/bondi-to-testify-in-house-oversight-s-epstein-investigation-262372933675 #Bondi #HouseOversight #Epstein #Fed #JeromePowell #
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@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | Asia-Pacific markets open mixed after OPEC shock, tech jitters drag Wall Street lower AI generated summary, Read the full article for complete information. Asian‑Pacific markets were mixed on Wednesday after U.S. stocks fell overnight, weighed down by an OPEC‑related shock and a report that OpenAI’s revenue and user‑growth fell short of its own targets, prompting CFO Sarah Friar’s warning that the AI firm might struggle to pay its computing contracts. The United Arab Emirates’ slated exit from OPEC on May 1 added to oil‑market uncertainty. South Korea’s Kospi slipped 0.39% (Kosdaq flat), Australia’s S&P/ASX 200 fell 0.28%, Hong Kong’s Hang Seng rose 1.2% while China’s CSI 300 dropped 0.26%; Japan was closed for a holiday. U.S. futures ticked modestly higher, but the S&P 500, Nasdaq Composite, and Dow Jones all ended lower (‑0.49%, ‑0.9%, and ‑0.05% respectively) as investors await earnings from several “Magnificent Seven” stocks and the possible final policy meeting of Fed Chair Jerome Powell. Read more: https://www.cnbc.com/2026/04/29/asia-markets-nikkei-225-kospi-hang-seng-index.html #UAE #OPEC #WallStreet #OpenAI #FederalReserve #SarahFriar #JeromePowell
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@TheBadPlace@mastodon.ozioso.online · 3d ago
US Top News and Analysis | A good investing lesson on parabolic stock moves in Tuesday's market downswing AI generated summary, Read the full article for complete information. In Tuesday’s market downturn, CNBC’s Investing Club highlighted how the recent pull‑back from record highs was driven by a Wall Street Journal story that OpenAI missed its revenue and user‑growth targets, sparking fears that the AI firm might lack funds for its compute commitments—a concern the company quickly refuted, noting it has raised over $122 billion recently and is reallocating resources like shutting down its Sora text‑to‑video app; with a global compute shortage and strong earnings expected from Amazon, Alphabet, Microsoft and Meta, sentiment could rebound, but the rapid sell‑off of stocks that surged on AI hype serves as a cautionary lesson that parabolic moves merit taking profits rather than chasing, while investors also await earnings reports from firms such as Starbucks, Robinhood, Visa and others, and watch for Jerome Powell’s final FOMC press conference later in the day. Read more: https://www.cnbc.com/2026/04/28/a-good-investing-lesson-on-parabolic-stock-moves-in-tuesdays-downswing.html #OpenAI #SarahFriar #SamAltman #JimCramer #CNBC #JeromePowell
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@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026
Home - CBSNews.com | Why is the DOJ dropping its Jerome Powell probe? AI generated summary, Read the full article for complete information. The Justice Department has ended its criminal investigation into Federal Reserve Chair Jerome Powell, a probe that was tied to concerns about the estimated $2.5 billion cost of renovations to the Federal Reserve’s headquarters in Washington, D.C.; CBS News’ Katrina Kaufman reports on why the DOJ dropped the case. Read more: https://www.cbsnews.com/video/why-doj-dropping-jerome-powell-probe/ #JeromePowell #FederalReserve #KatrinaKaufman AI generated summary, Read the full article for complete information.
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@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026
Business | Justice Department drops criminal investigation of Fed chair Powell, likely clearing way for Warsh by Ben Wieder, Gavin J. Quinton AI generated summary, Read the full article for complete information. The Justice Department has closed its criminal probe into Federal Reserve Chairman Jerome Powell, ending the inquiry into whether he misled Congress about a $2.5 billion renovation of the Fed’s headquarters—a case that had become a political sticking point for Republican Sen. Thom Tillis, who said he would block the confirmation of Trump‑favored nominee Kevin Warsh while the investigation lingered. U.S. Attorney Jeanine Pirro announced the drop‑off, noting the probe was abandoned after prosecutors found no evidence of wrongdoing, though she left open the possibility of restarting it if new facts arise. With the investigation out of the way, Warsh’s nomination can move forward; he has pledged not to be a “sock‑puppet” for the president and argues for a pro‑growth, market‑first Fed agenda that includes shrinking the central bank’s $6.6 trillion balance sheet and eliminating forward guidance. The closure also underscores ongoing tension over the Fed’s independence, as President Trump has previously pressured the bank on interest‑rate policy and attempted to fire a Fed governor, highlighting the broader political battles surrounding the nation’s most influential central bank. Read more: https://www.latimes.com/world-nation/story/2026-04-24/justice-department-drops-criminal-probe-of-fed-chair-powell-likely-clearing-way-for-warsh #JeromePowell #KevinWarsh #DonaldTrump #WallStreet #FederalReserve #JeaninePirro #ThomTillis AI generated summary, Read the full article for complete information.
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@Nonilex@masto.ai · Apr 15, 2026
In Trump tantrum of the hour news… #Trump Threatens to Fire Powell if He Does Not Resign From #Fed Although #JeromePowell’s term as the #FederalReserve chair officially ends on May 15, he can stay on as a governor until 2028 & said he would not leave until a criminal investigation was over. #law #economy #independence #RevengePolitics #AbuseOfPower #authoritarianism #USpol https://www.nytimes.com/2026/04/15/business/trump-powell-fed-fire.html?smid=nytcore-ios-share
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@Nonilex@masto.ai · Apr 15, 2026
…Both the #law & past precedent establish that #JeromePowell can serve on a temporary basis until Trump’s pick to replace him, Kevin M. Warsh, is confirmed by the #Senate…. The process to confirm Warsh has been complicated by #DOJ’s investigation into Powell & his handling of renovations at the Fed’s headquarters. #Trump claimed in a Fox Business interview that aired Wednesday that the investigation was not just about the $2.5B project but also about Powell’s “incompetence.” #economy
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@Nonilex@masto.ai · Jan 28, 2026
Meanwhile, #inflation "remains somewhat elevated," the #CentralBank said, while the job market has "shown some signs of stabilization." Though the #Fed noted that "job gains have remained low," it also removed language from its prior statement saying that downside risks to employment had risen - an indication policymakers as a group are becoming less worried about a rapid downturn in the labor market. #US #FederalReserve #FOMC #JeromePowell #Trump #InterestRates #economy
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@Nonilex@masto.ai · Jan 28, 2026
The #US #FederalReserve has held #InterestRates steady. It cited still-elevated #inflation alongside solid economic growth, & it gave little indication in its latest policy statement of when borrowing costs might fall again. "Economic activity has been expanding at a solid pace," #Fed policymakers said in the statement after voting 10-2 to hold the US #CentralBank's benchmark interest rate in the 3.50%-3.75% range following a two-day meeting. #FOMC #JeromePowell #Trump #economy
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