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Stock Market Today: Asian markets are flat in holiday trading

gdeltproject.org · about 3 hours ago

The AI Stock With a 10-Year Head Start That Wall Street Still Hasnt Fully Priced In As the expenses of building and running artificial intelligence (AI) data centers continue to surge, having lower costs…

europesays.com · about 3 hours ago

Kevin Warsh confirmed as new Federal Reserve Chair, succeeding Jerome Powell ## Market Snapshot The market Will Jerome Powell depart as Fed Chair by May 16, 2026? is priced…

europesays.com · about 3 hours ago

Nvidia stock up 20 in 2026 amid geopolitical tensions, US-China tech restrictions ## Market Snapshot In the NVIDIA price predictions market for May 2026, the stock is currently priced at…

europesays.com · about 4 hours ago

Best AI Agents in 2026: Tested, Ranked & Compared by Use Case The best AI agents (artificial intelligence agents) are moving fast in 2026, with Ramps AI Index showing Anthropic…

europesays.com · about 4 hours ago

4 Dividend Energy Stocks to Buy Right Now Key Points Increased power demand is creating an opportunity for investors. Energy companies can turn artificial intelligence needs…

europesays.com · about 5 hours ago

Stock Market THIS Week: US-Iran conflict, crude oil spike put Dalal Street on edge – Heres what analysts say – Markets The US-Iran conflict, FII flows and crude oil prices will be the major drivers for Dalal Street this…

europesays.com · about 5 hours ago

Global Markets End Week Lower as Oil, Inflation and Bond Yields Shake Investors Global markets ended the week lower as oil prices and bond yields climbed. AI-related technology stocks remained a…

europesays.com · about 6 hours ago

Eval engineering: The missing piece of agentic AI governance As artificial intelligence agents become more powerful, agentic AI governance becomes increasingly important – and yet, todays governance…

europesays.com · about 6 hours ago

Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market The Central Bank of Libya (CBL) reported today that Numisma Bank pledged to supply record amounts of cash…

europesays.com · about 8 hours ago

Taiwan defends US arms purchases after Trump calls them bargaining chip with China Taiwans president has stressed that arms purchases from the United States are the most important deterrent of regional…

europesays.com · about 5 hours ago

Trump Xi Talks Explode Over Taiwan, Iran War & Trade Crisis US President Donald Trump and Chinese President Xi Jinping have kicked off a closely watched high-stakes summit in…

europesays.com · about 5 hours ago

Taiwan urges Trump to stay the course on weapons sales The arms supply appeal follows President Donald Trumps comments Friday that hes delaying approval of a $14 billion arms sale to Taiwan.

politico.eu · about 5 hours ago

Taiwan gently pushes back on Trumps warnings after China summit Only the Taiwanese people can decide their future, Taiwans president said ‌Sunday, after President Donald Trump appeared to…

europesays.com · about 7 hours ago

China calls US trade, tariff and aircraft understandings Preliminary after Trump–Xi talks Chinas commerce ministry on Saturday described the tariff, agricultural and aircraft arrangements reached during U.S. President Donald Trumps…

europesays.com · about 8 hours ago

US Trade rep tries to walk back Trumps remarks on arms for Taiwan Jamieson Greer said President Donald Trump is considering how to approach a deal.

politico.eu · about 8 hours ago

China says Trump, Xi agree to reduce tariffs on some products, but Potus claims issue wasnt discussed – Firstpost Chinas Commerce Ministry on Saturday announced that Washington and Beijing agreed to lower tariffs on some unspecified products…

europesays.com · about 10 hours ago

U.S.-China summit let Xi ease tensions with Trump without giving ground For Chinese leader Xi Jinping, the 43 hours that President Donald Trump was in Beijing was plenty of…

europesays.com · about 10 hours ago

China This Week | Not tariffs or West Asia war, why Taiwan is most important issue for China in ties with US | Explained News In the lead-up to the meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing…

europesays.com · about 10 hours ago

Trumps failed China trip shows his trade war backfired, and US corporations are desperate Donald Trumps visit to Beijing this May marked the first time a sitting US president traveled to China…

europesays.com · about 10 hours ago

Global Markets End Week Lower as Oil, Inflation and Bond Yields Shake Investors Global markets ended the week lower as oil prices and bond yields climbed. AI-related technology stocks remained a…

europesays.com · about 6 hours ago

IIF APPLAUDS KEVIN WARSH ON HIS CONFIRMATION AS CHAIR OF THE FEDERAL RESERVE – Insurance News The following information was released by the Institute of International Finance: The Institute of International Finance congratulates Kevin…

europesays.com · about 6 hours ago

Eval engineering: The missing piece of agentic AI governance As artificial intelligence agents become more powerful, agentic AI governance becomes increasingly important – and yet, todays governance…

europesays.com · about 6 hours ago

Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market The Central Bank of Libya (CBL) reported today that Numisma Bank pledged to supply record amounts of cash…

europesays.com · about 8 hours ago

Agentic AI Craze Drives Significant Increase in CPU Demand, But Morgan Stanley Pours Cold Water: Dont Follow the Trend to Buy Intel, AMD. Tradingkey – Since the beginning of this year, amid the surge of Agentic AI, market demand for CPU…

europesays.com · about 9 hours ago

AI-related layoffs a boost for stocks? Not necessarily Artificial intelligence has ushered in a bull run in stocks that has taken the broader market to new…

europesays.com · about 9 hours ago

AI backlash becomes a real business risk If AI were a candidate for political office, it would be losing in a landslide.Why it matters: The AI hype cycle would have you believe the technology is inevitable. But AI backlash is growing, as people worry it will steal their jobs, jack up electricity rates and further enrich the wealthy, all while hurting the environment. State of play: A commencement address went viral this week after Florida real estate executive Gloria Caulfield said artificial intelligence is the next Industrial Revolution, sparking a chorus of boos from the crowd.The speaker could have avoided the jeers had she checked the latest polls: Only 18 of young people ages 14 to 29 say they feel hopeful about AI, according to a recent Gallup survey.The disdain spans generations and political parties. An Economist/YouGov poll released this week showed over 70 of Americans think AI is advancing too quickly, with 68 of Republicans and 77 of Democrats saying its moving too fast.Other YouGov polling shows negative views of AI rising from 34 three years ago to just over 50 now.Between the lines: AI executives arent doing much to quell the backlash, which is already showing signs of slowing the industry. Some of them appear unfazed — or unaware.In previous conversations with Axios, AI executives at multiple frontier AI labs were surprised by the negative opinions. They see AI as just as inevitable as the rise of the internet.Asked about backlash to AI, Superhuman Mail CEO Rahul Vohra — whose company makes an AI-powered email assistant — seemed unfamiliar with the premise of the question. After hearing about poor polling around AI, he responded: We dont really see that.Data: Economist/YouGov; Chart: Sara Wise/AxiosWhat theyre saying: While the tech underlying AI is here to stay, What is not inevitable is that these technologies will be embedded in every aspect of our lives, become indispensable, or replace humans, Dr. Avriel Epps, assistant professor at University of California, Riverside, said in an email to Axios.Nothing in the future is inevitable and no single person, company, or group gets to decide what will happen in the future.Threat level: Negative AI sentiment could become a financial liability for AI labs if it continues to curb access to their most valuable resource: compute power.A record number of data centers, which provide the compute AI companies use to answer user queries, were canceled in the first quarter of 2026 amid resistance from communities, per Heatmap Pro data.Public pushback is emerging as a binding constraint, particularly around data center buildout, Morgan Stanley analysts wrote in a note about market risks associated with the midterms.These data center setbacks are sapping confidence among investors, according to a note investment bank Jefferies sent to clients.Reality check: AI has been around for years and is bound to be a central part of American life, whatever form it ultimately takes.Some version of AI is inevitable ... but we have choice, said Arun Bahl, the CEO of Aloe, an AI company that builds models designed to be trustworthy. Is it the dystopian plot? Or can we have tools that humans trust? Globally, opinion is more positive, with the share of respondents expecting AI to do more good than harm rising to 59 in 2025 from 55 in 2024, according to Stanford data.The bottom line: The AI industry has a serious PR problem that threatens to inhibit the rapid growth that its leaders have taken for granted.

axios · about 11 hours ago

Kevin Warsh confirmed as next Federal Reserve chair The US Senate has confirmed Kevin Warsh as the next chair of the Federal Reserve (Fed), approving President…

europesays.com · about 13 hours ago

This AI Stock Keeps Winning Contracts Its Competitors Cant Even Bid On Most artificial intelligence (AI) investment stories revolve around chips, cloud capacity, and model training. Its starting to get…

europesays.com · about 15 hours ago

US-Iran war, crude oil prices to Q4 results FY26: Top five triggers that may dictate the Indian stock market this week Indian stock market: Benchmark indices Sensex and Nifty 50 ended their two-session winning streak on Friday, May 15,…

europesays.com · about 15 hours ago

Senate confirms Trump pick Kevin Warsh as Federal Reserve chair The US Senate on Wednesday confirmed Kevin Warsh – Trumps top pick – as the new Federal Reserve chair in the most partisan vote ever for the role. Warsh takes over as policymakers warn persistent price pressures could complicate President Donald Trumps push for lower borrowing costs.

france24 · 4 days ago

Senate confirms Warsh to succeed Powell as Fed chair Vote brings to an end one of the most fraught processes of selecting a central bank chief in decades

financial times · 4 days ago

Top Democrat calls newly confirmed Fed chair Kevin Warsh a sock puppet for Trump – live Elizabeth Warren condemns confirmation of Trumps pick to lead the Federal Reserve; John Fetterman was lone Democrat to support the nomination Sign up for the Breaking News US emailDonald Trump touched down in Beijing at around 7:50pm local time/7:50am ET.The president will be greeted by Chinas vice-president, Han Zheng, along with David Perdue, US ambassador to a China. Continue reading...

theguardian · 4 days ago

Kevin Warsh confirmed as Fed chair, ushering in new era for central bank He enters the job at a fraught moment, with President Donald Trump aggressively pushing for the Fed to sharply lower interest rates.

politico.eu · 4 days ago

Warsh wins confirmation as Fed chair, with inflation on the march

news.yahoo.com · 4 days ago

JUST IN - U.S. Senate confirms Ronald Lauders son-in-law, Kevin Warsh, as Federal Reserve chair for a 4-year term. Read here: @disclosetv

telegram bot · 4 days ago

Kevin Warsh confirmed as new US Federal Reserve chair amid controversy Senate confirms Trump pick Kevin Warsh as Federal Reserve chair amid growing concerns over independence.

aljazeera · 4 days ago

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower ratesThe US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.The 54-45 Senate vote on Wednesday was split along party lines, with the exception of Democratic senator John Fetterman from Pennsylvania, who joined the Republican majority. Warsh was confirmed for a four-year term as chair and a 14-year appointment on the Feds rate-setting board. Continue reading...

theguardian · 4 days ago

Kevin Warsh confirmed to lead Federal Reserve Kevin Warsh has been confirmed as the 17th leader of the Federal Reserve, becoming Americas economist-in-chief at a moment of resurgent inflation, public discontent with the economy and unprecedented attacks on the Feds independence.Driving the news: Warsh was confirmed to a four-year term as Fed chair Wednesday by a 54-to-45 Senate vote. He received unanimous support from Republicans but only one aye vote from a Democrat, John Fetterman of Pennsylvania.Warsh takes the helm of the central bank after Jerome Powells term ends Friday. The big picture: Warsh has promised sweeping change at an institution that he argues has grown too unwieldy and inclined to intervene in the economy.He inherits buoyant financial markets and an AI-driven growth surge — as well as the legacy of five straight years of elevated inflation that has spiked again due to the Iran war.High prices and affordability concerns have driven consumer sentiment indicators to recessionary levels, despite a low unemployment rate and solid GDP growth.Friction point: President Trump has demanded that the Fed cut interest rates, and Warsh has previously laid out an intellectual case for doing so premised on a 1990s-style boom in Americas supply potential.But in recent weeks — including April inflation data the last two days — evidence has pointed toward price pressures being resurgent and the labor market holding up, which undermines the case for rate cuts.Indeed, if he seeks rate cuts anytime soon, Warsh will face an uphill battle with his fellow members of the Fed policy committee, who jointly make those decisions.Zoom out: The debate over interest rates will occur against a backdrop of historically unique threats to the Feds ability to act without regard to political influence.A Supreme Court case over whether Trump can fire Biden-appointed governor Lisa Cook is pending.Powell is remaining on the Fed Board of Governors, contrary to modern precedent, due to what he sees as an ongoing threat by the Trump administration to re-open a criminal investigation over the Feds building renovations.Warsh also takes the helm with less bipartisan support than any previous leader of the central bank, as Democrats expressed doubt he will be sufficiently independent from the White House.Catch up quick: Warsh was a Fed governor from 2006 to 2011 — then the youngest on record — and was a close ally of chair Ben Bernanke in fighting the financial crisis.Warsh stepped down in 2011 amid misgivings about the Feds post-crisis efforts to stimulate the economy through quantitative easing.In the years since, he has become an increasingly sharp critic of the institution he once helped lead, accusing it of mission creep and of massive policy failure in allowing inflation to surge in 2021-2022.The intrigue: An open question is how quickly he will seek to act in remaking the institution.He is largely stuck with the top leadership — the other governors, who serve staggered terms, and the 12 reserve bank presidents around the country. But he has broad authority to make changes to the staff at the Board of Governors.He has also flagged possible changes to the Feds communications approach, including skepticism of its forward guidance for signaling future actions, and frequent press conferences.Between the lines: Warsh got the job in part by attacking the way the Fed has operated over the last dozen years.Now the question is whether he can deliver economic outcomes — particularly a return to price stability — that prove more satisfying to the American people than the status quo.And as Powell learned the hard way, he may have to do it with an impatient president second-guessing him along the way.The bottom line: Its Warshs economy now.

axios · 4 days ago

Trump Fed chair nominee Kevin Warsh is confirmed by Senate as Jerome Powell vows to stay on board Kevin Warsh stressed that the president did not make him pledge to cut interest rates to secure his nomination to head the Federal Reserve

independent · 4 days ago