Author: cyrus
S&P 500 Hits Record High as Wall Street Predicts Bullish 2025 Outlook
Key Points Recent Performance The S&P 500 hit a new record high of 6,173.07 on June 27, 2025, closing with a 0.52% gain, as reported [more…]
Who Will Replace Jerome Powell? Trump Eyes New Fed Chair Amid Growing Tensions With Central Bank
Key Points Background Jerome Powell has been the Chair of the Federal Reserve since 2018, with his current term set to end in May 2026. [more…]
Mediobanca Pledges $5.74B Shareholder Return to Fend Off Monte Paschi’s $13.9B Hostile Bid
Key Points Announcement Mediobanca, an Italian merchant bank, announced on June 27, 2025, it will return 4.9 billion euros (around $5.74 billion) to shareholders, mostly [more…]
NTT Files for $1 Billion Data Center REIT IPO on Singapore Exchange, Targeting July Listing
Key Points BackgroundNippon Telegraph and Telephone Corporation (NTT), a Japanese telecom giant, is moving to list a new real estate investment trust (REIT) focused on [more…]
Nike Frankfurt Shares Surge 9% After Earnings Beat, Boosting Adidas and Puma Stocks
Key Points Nike’s Share PerformanceNike’s Frankfurt shares, listed as NKE, saw a significant rise following their quarterly earnings announcement on June 26, 2025. The company [more…]
Trump Pressures Fed for Immediate Rate Cuts as 2025 Election Looms and Eyes Powell Replacement
Key Points Background The Federal Reserve (Fed) sets interest rates to manage economic growth and inflation. A dovish Fed is seen as favoring lower rates [more…]
US and China Reach Rare Earth Trade Deal as Trump Announces Landmark Agreement and Tariff Truce
Key Points Announcement Donald Trump announced on June 26, 2025, that the US and China have signed a trade deal, stating it was signed the [more…]
Unilever Acquires Dr. Squatch to Boost Men’s Personal Care and Capture Gen Z Market
Key Points Acquisition OverviewUnilever, a major consumer goods company, has agreed to buy Dr. Squatch, a men’s grooming brand, for $1.5 billion from Summit Partners. [more…]
Gold Prices Dip for the Week as Israel-Iran Ceasefire and Fed Uncertainty Weigh on Demand
Key Points Current Gold Prices As of early Friday, June 27, 2025, at 01:45 AM PDT, gold is trading at $3,310.70, down $37.30 (-1.11%) for [more…]
Wall Street Bulls Push S&P 500 Near Record as Buffett Warns and Mideast Risks Loom
Key Points Current Trend Investors are piling into risky stocks, ignoring advice to focus on companies with strong balance sheets. This risk-on behavior is evident [more…]