News

The U.S. Treasury Department warned shipping companies that paying tolls to pass through the Strait of Hormuz would put them at risk of sanctions.

Intel (INTC.O) once rose 6% to stand above $100, and its stock price continued to hit a record high.

U.S. Energy Secretary Wright: As part of Trump’s “Peace Pipeline” agenda, multiple pipeline projects are being discussed in Central and Eastern Europe to promote prosperity and security.

HSBC Holdings: Raised its target price on Apple (AAPL.O) to $260 from $250.

The storage sector of U.S. stocks rose, with Micron Technology (MU.O) rising 5.07%, SanDisk (SNDK.O) rising 4.03%, Western Digital (WDC.O) turning higher, and Seagate Technology (STX.O) rising 5.32%.

Ukraine’s Foreign Minister: Russia’s ceasefire proposal on May 9 is another attempt by Moscow to please the United States.

U.S. Treasury yields continue to fall, with the 10-year yield last at 4.35%.

Barclays raised its price target for Apple (AAPL.O) to $253 from $248.

Shipping data showed Venezuela's oil exports to the United States increased to about 445,000 barrels per day.

Shipping data showed Venezuela's oil exports to India increased to about 374,000 barrels per day.

ExxonMobil (XOM.N) CEO: The Iran war has not changed ExxonMobil's view of its LNG portfolio.

Fed's Logan: Job market remains stable.

Fed Logan: The Fed should not issue guidance that hints at easing policy at this time.

Fed's Logan: The outlook for inflation path is uncertain.

Fed's Logan: The current economic outlook is very uncertain.

Fed's Logan: Increasingly concerned about getting inflation back to 2% target.

British government bonds rose as the market trimmed bets on the Bank of England raising interest rates in 2026.

Apple (AAPL.O) rose more than 5%, its biggest gain since August last year.

Fed Logan: The Fed’s next interest rate adjustment may be a rate cut or a rate increase.

Fed Logan: I disagree with statements suggesting that the next adjustment is most likely to be a rate cut.