Author: arthursheikin@gmail.com

[ad_1] Risk stocks are back in vogue as the S & P 500 sits on the cusp of a new high. Animal spirits are again taking the market reign as investors’ fears have taken a breather, largely due to President Donald Trump walking back some of his most extreme tariff policies and the administration making progress on trade war de-escalation efforts. A boost in corporate artificial intelligence spending has also accelerated gains and put the index back in the green for the year. The S & P 500 on Wednesday hovered just below 6,147.43, its intraday record set on Feb.…

[ad_1] CNN  —  Homebuyers in the US may soon be able to use cryptocurrency assets to strengthen their mortgage application, according to Bill Pulte, who oversees housing giants Fannie Mae and Freddie Mac. “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage,” said Pulte, who heads up the Federal Housing Finance Agency, in a social media post. The policy represents a reversal for Fannie and…

[ad_1] As AI companies rave about how their products are revolutionizing productivity, Senator Bernie Sanders (I-VT) wants the tech industry to put its money where its automated mouth is. In a recent interview with podcaster Joe Rogan, Sanders argued that the time saved with AI tools should be given back to workers to spend with their families. “Technology is gonna work to improve us, not just the people who own the technology and the CEOs of large corporations,” Sanders said. “You are a worker, your productivity is increasing because we give you AI, right? Instead of throwing you out on…

[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldCzechoslovak Group, one of Europe’s largest ammunition makers, slashed its interest costs almost in half in a €1.8bn debt sale on Wednesday, in a sign of investors’ newfound enthusiasm for the continent’s defence industry.The Prague-based group, which makes much of its revenue from supplying Ukraine’s armed forces, priced new five-year dollar and euro debt at yields of 6.5 per cent and 5.25 per cent respectively.That marks a dramatic decline in borrowing costs since CSG’s most recent financing, a $775mn bond…

[ad_1] Micron Technology is scheduled to post its fiscal third-quarter earnings Wednesday after the bell, and some analysts are taking a rather optimistic view. The semiconductor manufacturing company is expected to earn $1.60 per share on $8.872 billion in revenue, according to analysts surveyed by LSEG. That would mark a more than 158% gain in earnings per share compared to the prior-year period. The revenue estimate points to a more than 30% jump year over year. The U.S.-based company’s latest results come as shares have soared more than 35% over the past month and more than 50% in 2025, meaningfully…

[ad_1] Stay informed with free updatesSimply sign up to the Accountancy myFT Digest — delivered directly to your inbox.The US audit regulator has fined the Dutch arms of Deloitte, PwC and EY a total of $8.5mn after finding “hundreds” of staff cheated on internal training exams including ethics tests, in the latest such scandal at the Big Four accounting firms.The Public Company Accounting Oversight Board said staff, partners and even some members of the firms’ senior leadership had improperly shared answers or otherwise collaborated on the tests, which are needed to satisfy internal training and professional education requirements.The enforcement actions…

[ad_1] “How hard can it be?” I thought, as I packed up my entire life into two suitcases.After a decade of thriving in New York City, I was moving to Paris with a man I’d only met five months prior who was based in the French capital for work.As I prepared to embark on a new chapter in Paris, I envisioned mornings of flaky croissants and leisurely riverside aperitifs. I felt fearless, and despite focusing on my advertising career in the US for so many years, I was ready for a new adventure — this time, one led by love.I…

[ad_1] Select technology and paper stocks could win big heading into the second half of the year. At least for now, it looks like the bull case for stocks will remain intact over the next few months. Stocks rose on Monday, with Wall Street shaking off any fears associated with the U.S.’ bombing of Iran over the weekend and a subsequent retaliation from Iran . That same day, Fundstrat co-founder and head of research Tom Lee said Monday’s rally should actually strengthen the case for stocks to perform better in the latter half of 2025. “At the start of this…

[ad_1] AI-native startups are rewriting the rules of what early traction looks like — and too often, investors are still playing by the old ones. At TechCrunch All Stage, happening in Boston on July 15, Kleida Martiro, partner at Glasswing Ventures, will lead a breakout that cuts straight to the core of this disconnect. Her session, Winning Capital in a Competitive Market: How to Fund Your AI-Native Startup, on the Foundation Stage, explores how early-stage AI founders can frame their growth story in a way that resonates with forward-thinking investors — and filter out the ones still stuck in SaaS-era…

[ad_1] Chewy ‘s entry into the clinical veterinarian market opens the pet-focused retailer to a multibillion-dollar market and can send its shares sharply higher, according to Morgan Stanley. Analyst Nathan Feather named Chewy a top pick, rating it overweight with a $50 price target, implying 15% appreciation from Tuesday’s close. More optimistically, Feather raised his bull case outlook by $7 to $75 per share, citing “upside optionality” tied to the clinic business. In that best-case scenario, Feather sees Chewy rising as much as 73%. “We see the clinic segment as a structural accelerant for the multi-year growth outlook with a…