The US economy heads into a packed week with investors digesting the Federal Reserve's recent quarter-point rate cut aimed at cushioning a slowing labor market and growth prospects. With inflation still above the Fed's ideal range, markets remain cautious but optimistic, pushing indexes to fresh highs. ...

Core Viewpoint - AGM Group Holdings Inc experienced a significant market reaction with a 450% increase in stock price following the announcement of the sale of its semiconductor subsidiary for $57.45 million [1] Company Summary - AGM Group Holdings Inc confirmed the sale of its semiconductor subsidiary through a 6-K filing [1] - The sale was valued at $57.45 million, which contributed to the dramatic stock price rally [1]

Group 1 - Shares of Scholastic fell 13.6% after reporting weaker-than-expected first-quarter results [1] - The company's performance did not meet market expectations, leading to a significant drop in stock price [1] - The decline in shares reflects investor concerns regarding the company's financial health and future prospects [1]

Core Viewpoint - Pony AI Inc is on track to achieve single-unit economic break-even by early 2026, which has positively influenced its stock price, resulting in a 15% rally [1] Company Summary - The Chief of Finance, Leo Haojun, provided insights into the company's financial trajectory, indicating confidence in reaching economic break-even [1] - The recent stock performance reflects investor optimism regarding the company's future profitability and operational efficiency [1] Industry Summary - The robotaxi sector is experiencing significant interest and investment, with companies like Pony AI leading the charge towards economic viability [1] - Achieving economic break-even is a critical milestone for companies in the autonomous vehicle industry, as it signals potential for sustainable growth and profitability [1]

Group 1 - Morgan Stanley upgraded BB Seguridade (BBSE3) from underweight to equal-weight after a significant correction in the stock price [1] - The upgrade follows a 25% decline in the insurer's shares over recent months [1]

Santa Clara-headquartered Oklo Inc (NYSE: OKLO) surged another 20% this morning – extending a blistering rally that now has the nuclear-tech firm trading at 4.5x its price at the start of 2025. The la... ...

Apple stock gained ground Friday as the company's latest generation of iPhones officially hit store shelves worldwide, with early demand indicators suggesting stronger-than-expected consumer appetite. ...

Core Insights - The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is performing well this year, trading at $81.23, which is close to its all-time high due to increased investor demand [1] Group 1 - HYG stock has seen a significant increase in demand among investors, contributing to its strong performance [1]

Core Viewpoint - US stocks experienced a significant rally, with all major indices reaching new record highs following the Federal Reserve's decision to cut interest rates [1] Group 1: Market Performance - The small-cap Russell 2000 index also achieved new peaks, indicating broad market strength alongside larger indices [1]

Core Viewpoint - Tesla's shares have seen a slight increase due to growing optimism regarding the company's long-term growth potential, supported by analysts' positive outlook [1] Group 1 - Analysts at Baird have raised their outlook for Tesla's stock, highlighting the company's ambitious expansion plans [1]