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In Today’s News
👀 Strange picture predicts the market’s next move? [adv]
Boeing books 303 new orders and hits 737 MAX production target in blockbuster May
SEATTLE (Reuters) -Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year. The company also delivered 45 aircraft last month, it said Tuesday.It was the …. Read More >>
Nvidia, HPE to build new supercomputer in Germany
SAN FRANCISCO (Reuters) -Nvidia and Hewlett Packard Enterprise said on Tuesday they are partnering with the Leibniz Supercomputing Centre to build a new supercomputer using Nvidia’s next-generation chips.The Blue Lion supercomputer, as the project is called, will become available to scientists in early 2027, …. Read More >>
FEATURED ARTICLE
Fanduel to add first surcharge to customer bets in Illinois
The 50-cent transaction fee on each bet placed in Illinois is in response to the state legislature’s recent decision to add a new tax on wagers from next month that will hit the sector’s dominant players Fanduel and DraftKings hardest.FanDuel, which has a 43% share of the U.S. sports betting market, will imme …. Read More >>
OTHER HEADLINES
NextEra CEO says renewables needed as bridge to expanding gas power
WASHINGTON (Reuters) -Renewable energy sources like wind and solar power are needed to meet rapidly growing energy demand in the United States amid near-term obstacles to increasing natural gas capacity, said NextEra CEO John Ketchum on Tuesday. The head of the Florida-based power producer said at the Politi …. Read More >>
Fed to keep rates on hold at least until September as inflation risks linger: Reuters poll
BENGALURU (Reuters) -The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists polled by Reuters, as risks linger that inflation may resurge due to President Donald Trump’s tariff policies. With most trade negotiations incomplete as the Ju …. Read More >>
US small business sentiment improves in May, but uncertainty rising
The National Federation of Independent Business said on Tuesday its Small Business Optimism Index increased three points to 98.8 last month, rising for the first time since December.The trade truce resulted in the Trump administration slashing tariffs on Chinese goods to 30% from 145% through early August. Th …. Read More >>
Blackstone to invest $500 billion in Europe over next decade, Bloomberg reports
Schwarzman said Europe represents a “major opportunity” for the world’s largest alternative asset manager, which oversees assets worth over $1 trillion. There has been a surge in investor optimism about the region, driven by European governments’ push to increase military spending and revive a sluggish privat …. Read More >>
Novo Nordisk starts new CagriSema weightloss drug trial
The Danish company made the announcement in an entry published on “This study will look at how well CagriSema helps people living with obesity to lose weight and maintain the weight loss long-term,” Novo Nordisk said in the entry.The company had positioned CagriSema as a more potent successor to its blockbust …. Read More >>
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