Fed's inflation gauge heated up in April, cementing that interest rates will remain steady for now
First inflation report under new Fed chief shows prices still rising
Key inflation gauge worsens, eroding Americans' income and spending power
War-driven price shock sent April inflation to highest level in nearly three years
https://finance.yahoo.com/economy/policy/article/feds-inflation-gauge-heated-up-in-april-cementing-that-interest-rates-will-remain-steady-for-now-123520559.html
First inflation report under new Fed chief shows prices still rising
Key inflation gauge worsens, eroding Americans' income and spending power
War-driven price shock sent April inflation to highest level in nearly three years
https://finance.yahoo.com/economy/policy/article/feds-inflation-gauge-heated-up-in-april-cementing-that-interest-rates-will-remain-steady-for-now-123520559.html
Yahoo Finance
Fed's inflation gauge heated up in April, cementing that interest rates will remain steady for now
The Federal Reserve's preferred inflation gauge showed prices continued rising in April, as the conflict in the Middle East pushed oil prices higher. The report reinforces that interest rates will remain on hold.
US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty
https://finance.yahoo.com/economy/articles/us-jobless-claims-rise-215-124144648.html
https://finance.yahoo.com/economy/articles/us-jobless-claims-rise-215-124144648.html
Yahoo Finance
US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty
More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war. The Labor Department reported Thursday that jobless claims were up to 215,000, up from 210,000 the week before. “Initial claims…
US Funding Markets Are Flooded With Cash That’s Here to Stay
https://finance.yahoo.com/economy/policy/articles/us-funding-markets-flooded-cash-130034524.html
https://finance.yahoo.com/economy/policy/articles/us-funding-markets-flooded-cash-130034524.html
Yahoo Finance
US Funding Markets Are Flooded With Cash That’s Here to Stay
(Bloomberg) -- An abundance of cash in US funding markets appears to be driven by deeper structural shifts that are unlocking billions of dollars in balance-sheet capacity at the biggest banks, Wall Street strategists say. Most Read from BloombergSingapore…
Why Huawei's new chipmaking plan has investors buzzing - The Business Times
https://www.businesstimes.com.sg/companies-markets/why-huaweis-new-chipmaking-plan-has-investors-buzzing
https://vt.tiktok.com/ZSxb69vdr/
https://www.businesstimes.com.sg/companies-markets/why-huaweis-new-chipmaking-plan-has-investors-buzzing
https://vt.tiktok.com/ZSxb69vdr/
The Business Times
Why Huawei’s new chipmaking plan has investors buzzing
The company’s vision for improving semiconductor efficiency has sparked a rally across the sector in China Read more at The Business Times.
#USMarketUpdate
S&P 500 rises on report negotiators have reached deal to extend Iran ceasefire, but traders wary
Live updates
https://www.cnbc.com/2026/05/27/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 rises on report negotiators have reached deal to extend Iran ceasefire, but traders wary
Live updates
https://www.cnbc.com/2026/05/27/stock-market-today-live-updates.html?__source=androidappshare
CNBC
S&P 500 and Nasdaq close at new records, lifted by tech rally: Live updates
Tech resumed its leadership, and traders weighed a reported agreement between U.S. and Iranian negotiators to extend the ceasefire.
Evening Update: Today’s headlines from The Straits Times on May 28, 2026
https://str.sg/3nYfP
https://youtube.com/shorts/c-PYMu3dx9Y?si=arI662HAEDLKeUnW
https://str.sg/3nYfP
https://youtube.com/shorts/c-PYMu3dx9Y?si=arI662HAEDLKeUnW
The Straits Times
Evening Update: Today’s headlines from The Straits Times on May 28, 2026
You are reading the Evening Update newsletter. Get up to speed with the important stories from the day. Subscribe to our newsletter. Read more at straitstimes.com.
Anthropic debuts flagship Claude Opus 4.8 AI model as IPO race with OpenAI heats up
https://finance.yahoo.com/news/anthropic-debuts-flagship-claude-opus-48-ai-model-as-ipo-race-with-openai-heats-up-170000527.html
https://finance.yahoo.com/news/anthropic-debuts-flagship-claude-opus-48-ai-model-as-ipo-race-with-openai-heats-up-170000527.html
Yahoo Finance
Anthropic debuts flagship Claude Opus 4.8 AI model as IPO race with OpenAI heats up
Anthropic has debuted its new flagship AI model Opus 4.8.
US, Iran Agree on Further Truce Pending Signoff, Source Says
https://finance.yahoo.com/sectors/energy/articles/iran-us-accuse-other-truce-122730544.html
https://finance.yahoo.com/sectors/energy/articles/iran-us-accuse-other-truce-122730544.html
Energy use forcing rethink of AI chip design, TSMC says
https://finance.yahoo.com/sectors/technology/articles/energy-forcing-rethink-ai-chip-161812671.html
https://finance.yahoo.com/sectors/technology/articles/energy-forcing-rethink-ai-chip-161812671.html
Yahoo Finance
Energy use forcing rethink of AI chip design, TSMC says
A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main constraint shaping future computer chip development. Kevin Zhang, Senior Vice President of Business Development…
Microsoft to release new coding model next week, the Information reports
https://finance.yahoo.com/sectors/technology/articles/microsoft-release-coding-model-next-160503080.html
https://finance.yahoo.com/sectors/technology/articles/microsoft-release-coding-model-next-160503080.html
Yahoo Finance
Microsoft to release new coding model next week, the Information reports
Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of its GitHub Copilot tool, the Information reported on Thursday. Microsoft…
Micron and Sandisk aren't the only tech stocks booming — take a look at these 3 cybersecurity plays
https://finance.yahoo.com/markets/stocks/article/micron-and-sandisk-arent-the-only-tech-stocks-booming--take-a-look-at-these-3-cybersecurity-plays-155426756.html
https://finance.yahoo.com/markets/stocks/article/micron-and-sandisk-arent-the-only-tech-stocks-booming--take-a-look-at-these-3-cybersecurity-plays-155426756.html
Yahoo Finance
Micron and Sandisk aren't the only tech stocks booming — take a look at these 3 cybersecurity plays
Cybersecurity stocks get another look from investors.
Snowflake Stock Is Soaring After a Blowout Quarter and a New $6 Billion AWS Deal
https://finance.yahoo.com/markets/stocks/articles/snowflake-stock-soaring-blowout-quarter-143911229.html
#QuarterChart
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https://finance.yahoo.com/markets/stocks/articles/snowflake-stock-soaring-blowout-quarter-143911229.html
#QuarterChart
https://vt.tiktok.com/ZSxtXSrJs/
Yahoo Finance
Snowflake Stock Is Soaring After a Blowout Quarter and a New $6 Billion AWS Deal
After a brutal stretch for the stock, the data cloud company delivered the kind of quarter that reignites a growth story.
#USMarketUpdate
Stocks swing higher amid report of US-Iran breakthrough
Oil pared gains amid fresh signs of optimism toward a deal.
Live updates
https://finance.yahoo.com/economy/live/stock-market-today-sp-500-and-nasdaq-rise-oil-pares-gains-on-report-of-us-iran-breakthrough-231358550.html
Stocks swing higher amid report of US-Iran breakthrough
Oil pared gains amid fresh signs of optimism toward a deal.
Live updates
https://finance.yahoo.com/economy/live/stock-market-today-sp-500-and-nasdaq-rise-oil-pares-gains-on-report-of-us-iran-breakthrough-231358550.html
Yahoo Finance
Stock market today: S&P 500, Nasdaq lead another record-setting stock surge amid US-Iran deal hopes, software stocks rally
US stocks mostly swung higher amid optimism around progress on a US-Iran peace deal.
#USMarketUpdate
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire | Reuters
SUMMARY
Indexes up; Dow 0.05%, S&P 0.58%, Nasdaq 0.91%
Eli Lilly advances after CVS brings back Zepbound coverage
Microsoft up on report company will release new coding model next week
U.S. inflation rises at its fastest pace in three years
NEW YORK, May 28 (Reuters) - The S&P 500 and the Nasdaq posted record closing highs on Thursday after news reports said the U.S. and Iran had reached a draft agreement to extend their ceasefire for 60 days, while investors also digested key inflation data.
The Dow Jones Industrial Average, which was subdued during the session, eked out small gains in afternoon trade to finish at another closing high.
The agreement still needs U.S. President Donald Trump's approval, sources told Reuters. Iran's Tasnim news agency, meanwhile, said the text of a potential memorandum of understanding with the U.S. has not yet been finalized or confirmed.
Economic data showed U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the Iran war....
Meanwhile, U.S. GDP for the first quarter was revised lower to a 1.6% annualized increase, with momentum expected to slow this quarter...
The S&P 500 healthcare index (.SPXHC), opens new tab posted strong gains. Eli Lilly (LLY.N), opens new tab advanced 4% after CVS Health (CVS.N), opens new tab said it would restore the drugmaker's weight-loss injection, Zepbound, to its coverage and add its newly approved obesity pill Foundayo.
Tech shares (.SPLRCT), opens new tab also moved higher. Microsoft (MSFT.O), opens new tab gained 3.5% after news website the Information reported that the company would release a new coding model next week.
Marvell Technology (MRVL.O), opens new tab rose 3% after UBS raised its target price to $230 from $195.
The company's shares have more than doubled so far this year.
Snowflake SNOW.N shares soared 36% after the data analytics firm lifted its annual product revenue forecast and announced a five-year AI infrastructure deal worth $6 billion with Amazon Web Services (AMZN.O), opens new tab.
Peers Datadog (DDOG.O), opens new tab and MongoDB (MDB.O), opens new tab also climbed.
Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions, which have increased inflationary expectations.
"Markets continue to look through these risks because the global economy and corporate earnings remain relatively resilient," said Jitania Kandhari, deputy CIO, solutions and multi-assets, at Morgan Stanley Investment Management.
"Geopolitical instability could ultimately accelerate spending in areas tied to AI, including cybersecurity, defense technology, energy infrastructure and supply-chain resiliency, reinforcing the long-term investment case."
While the S&P 500 is trading at roughly 21 to 22 times forward earnings versus a trailing 10-year average of 19.7 times, investors are less concerned because earnings expectations are rising faster than stock prices, Kandhari said.
Among other movers, Dollar Tree (DLTR.O), opens new tab climbed almost 18% after the discount retailer lifted its full-year profit forecast, while Best Buy (BBY.N), opens new tab also rose 15.8% after the electronics vendor forecast second-quarter sales above estimates.
Drone companies rose after the Wall Street Journal reported that the Trump administration was in talks to fund drone firms. Shares of Unusual Machines (UMAC.A), opens new tab surged almost 11%.
https://www.reuters.com/business/wall-st-futures-dip-escalating-mideast-tensions-2026-05-28/
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
https://www.straitstimes.com/business/companies-markets/sp-500-and-nasdaq-hit-record-closing-highs-as-us-and-iran-agree-to-extend-ceasefire
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire | Reuters
SUMMARY
Indexes up; Dow 0.05%, S&P 0.58%, Nasdaq 0.91%
Eli Lilly advances after CVS brings back Zepbound coverage
Microsoft up on report company will release new coding model next week
U.S. inflation rises at its fastest pace in three years
NEW YORK, May 28 (Reuters) - The S&P 500 and the Nasdaq posted record closing highs on Thursday after news reports said the U.S. and Iran had reached a draft agreement to extend their ceasefire for 60 days, while investors also digested key inflation data.
The Dow Jones Industrial Average, which was subdued during the session, eked out small gains in afternoon trade to finish at another closing high.
The agreement still needs U.S. President Donald Trump's approval, sources told Reuters. Iran's Tasnim news agency, meanwhile, said the text of a potential memorandum of understanding with the U.S. has not yet been finalized or confirmed.
Economic data showed U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the Iran war....
Meanwhile, U.S. GDP for the first quarter was revised lower to a 1.6% annualized increase, with momentum expected to slow this quarter...
The S&P 500 healthcare index (.SPXHC), opens new tab posted strong gains. Eli Lilly (LLY.N), opens new tab advanced 4% after CVS Health (CVS.N), opens new tab said it would restore the drugmaker's weight-loss injection, Zepbound, to its coverage and add its newly approved obesity pill Foundayo.
Tech shares (.SPLRCT), opens new tab also moved higher. Microsoft (MSFT.O), opens new tab gained 3.5% after news website the Information reported that the company would release a new coding model next week.
Marvell Technology (MRVL.O), opens new tab rose 3% after UBS raised its target price to $230 from $195.
The company's shares have more than doubled so far this year.
Snowflake SNOW.N shares soared 36% after the data analytics firm lifted its annual product revenue forecast and announced a five-year AI infrastructure deal worth $6 billion with Amazon Web Services (AMZN.O), opens new tab.
Peers Datadog (DDOG.O), opens new tab and MongoDB (MDB.O), opens new tab also climbed.
Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions, which have increased inflationary expectations.
"Markets continue to look through these risks because the global economy and corporate earnings remain relatively resilient," said Jitania Kandhari, deputy CIO, solutions and multi-assets, at Morgan Stanley Investment Management.
"Geopolitical instability could ultimately accelerate spending in areas tied to AI, including cybersecurity, defense technology, energy infrastructure and supply-chain resiliency, reinforcing the long-term investment case."
While the S&P 500 is trading at roughly 21 to 22 times forward earnings versus a trailing 10-year average of 19.7 times, investors are less concerned because earnings expectations are rising faster than stock prices, Kandhari said.
Among other movers, Dollar Tree (DLTR.O), opens new tab climbed almost 18% after the discount retailer lifted its full-year profit forecast, while Best Buy (BBY.N), opens new tab also rose 15.8% after the electronics vendor forecast second-quarter sales above estimates.
Drone companies rose after the Wall Street Journal reported that the Trump administration was in talks to fund drone firms. Shares of Unusual Machines (UMAC.A), opens new tab surged almost 11%.
https://www.reuters.com/business/wall-st-futures-dip-escalating-mideast-tensions-2026-05-28/
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
https://www.straitstimes.com/business/companies-markets/sp-500-and-nasdaq-hit-record-closing-highs-as-us-and-iran-agree-to-extend-ceasefire
While You Were Sleeping: 5 stories you might have missed, May 29, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-may-29-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-may-29-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, May 29, 2026
While You Were Sleeping: 5 stories you might have missed, May 29, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
June 2026 Watchlist: 3 Small-Cap SGX Stocks for Retirement Income
https://sg.finance.yahoo.com/news/june-2026-watchlist-3-small-033000057.html
https://sg.finance.yahoo.com/news/june-2026-watchlist-3-small-033000057.html
Yahoo Finance
June 2026 Watchlist: 3 Small-Cap SGX Stocks for Retirement Income
High yields grab attention, but for retirement portfolios, it's the cash backing those dividends that keeps the income flowing. The post June 2026 Watchlist: 3 Small-Cap SGX Stocks for Retirement Income appeared first on The Smart Investor.
BYD debuts China’s most advanced EV chip in smart-driving push
https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-debuts-chinas-most-advanced-ev-chip-smart-driving-push
https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-debuts-chinas-most-advanced-ev-chip-smart-driving-push
The Business Times
BYD debuts China’s most advanced EV chip in smart-driving push
The most advanced chip globally is the 2nm N2 node made by Taiwan Semiconductor Manufacturing Company Read more at The Business Times.
🐳 WhalePool Traders Journal
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