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OPEC+ is waging an oil price war — what the cartel wants and how long the fight might last
OPEC+ is waging an oil price war — what the cartel wants and how long the fight might last

The oil price war is likely to be protracted as the Saudis aim to achieve three central objectives, according to Bank of America.

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May 08, 2025
How gold could one day hit $6,000, according to JPMorgan
How gold could one day hit $6,000, according to JPMorgan

"International investors are starting to reassess the 'exorbitant privilege' and safe haven status of the US dollar," JPMorgan said.

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May 08, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald's rollout, pulls outlook
Krispy Kreme stock plunges after doughnut chain pauses McDonald's rollout, pulls outlook

Krispy Kreme is pausing its nationwide rollout with McDonald's to focus on profitability.

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May 08, 2025
Why Eli Lilly is falling — plus, what new Costco sales say about the consumer
Why Eli Lilly is falling — plus, what new Costco sales say about the consumer

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

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May 08, 2025
Trump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it
Trump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it

The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it's kept it on hold since December.

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May 08, 2025
Amazon adds pet prescriptions to its online pharmacy
Amazon adds pet prescriptions to its online pharmacy

The prescriptions are dispensed and delivered by Vetsource, an online pet pharmacy, but are ordered through Amazon's storefront.

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May 08, 2025
Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'
Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'

"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

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May 08, 2025
Tapestry lifts forecasts on booming demand for Coach handbags
Tapestry lifts forecasts on booming demand for Coach handbags

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May 08, 2025
Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion

Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date.

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May 08, 2025
UnitedHealthcare sued by shareholders over reaction to CEO's killing
UnitedHealthcare sued by shareholders over reaction to CEO's killing

The group of investors alleged that the company misled them by not adjusting its forecast after Brian Thompson's killing.

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May 08, 2025
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