US stocks extended their rally on Friday, with all major indices hitting fresh record highs following the Federal Reserve’s decision to cut interest rates.The small-cap Russell 2000 index joined the broader market in scaling new peaks.The Fed’s quarter-point rate cut on Wednesday, which lowered the federal funds rate to a…

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is doing relatively well this year, and is hovering at its all-time high as demand among investors jumped. HYG stock was trading at $81.23, up by 10% above the lowest level this year. HYG ETF has flipped SCHD in total returnsMost…

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.iPhone 17 launch and market responseThe new lineup — which includes the slimmed-down iPhone 17 Air alongside the premium Pro and Pro Max models — became…

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 latest catalyst? A landmark nuclear energy agreement between the White House and Downing Street aimed at accelerating deployment…

Morgan Stanley upgraded BB Seguridade (BBSE3) from underweight to equal-weight on Friday, following a steep correction in recent months. The move comes after the insurer’s shares fell 25% from their peak in May and are down 10% year to date. At 10:15 a.m. in São Paulo, shares rose 1.31% to…

Pony AI Inc (NASDAQ: PONY) rallied another 15% today after Leo Haojun, its chief of finance, said the robotaxi firm is “well on track” to reach single-unit economic break-even by early 2026.In an interview with the Wall Street Journal, Haojun cited operational efficiencies, a growing fleet, and declining insurance costs…

Shares of educational publishing and media company Scholastic (NASDAQ: SCHL) fell sharply on Friday, dropping 13.6% after the company reported weaker-than-expected first-quarter results. The performance missed Wall Street’s estimates on both revenue and earnings, overshadowing otherwise stable guidance and segmental growth in some areas.Revenue and earnings miss weigh on sentimentScholastic…

AGM Group Holdings Inc (NASDAQ: AGMH) stunned the market on Friday with a jaw-dropping 450% rally following a 6-K filing confirming the sale of its semiconductor subsidiary for $57.45 million.AGMH shares trading volume exploded to over 180 million today – far above their daily average – on the back of…

Friday evening saw a series of significant political, economic, and international developments. The US administration advanced a multibillion-dollar weapons package for Israel, while the Senate rejected competing stopgap funding bills, bringing the government closer to a potential shutdown. In the private sector, Elon Musk’s artificial intelligence startup xAI reached a…