US Futures Extend Wall Street Gain on Tech Results: Markets Wrap
US equity futures rallied Thursday on stronger-than-expected tech earnings and signs the Trump administration may be close to announcing the first round of trade deals to reduce planned tariffs. Contracts for the S&P 500 and Nasdaq 100 both gained at least 0.9%,...
Carlyle, State Street Mull Partnership to Tap Retail Wealth
State State Corp.’s asset-management arm held preliminary talks with Carlyle Group Inc. about a potential tie-up to create a product that would combine public and private markets for individual investors. The discussions took place in recent weeks after State Street...
US Toymakers Scramble to Adjust to Trump’s China Tariffs
America’s toymakers outsourced manufacturing to China in the 1980s to cut costs. Nearly half a century later, that decision could bankrupt them. Almost half of the more than 400 US companies surveyed by the Toy Association, a trade organization, said that...
Public Market Volatility Exposes A Quiet Power Shift Toward Private Capital In 2025
The convergence of U.S. tariff policies, algorithmic trading, and geopolitical recalibrations is generating unprecedented volatility in public markets, compelling institutional investors to rethink traditional allocation strategies. The CBOE Volatility Index (VIX) has...
‘Sell in May’ Threatens to Upend the S&P 500’s Rebound
One of the best-known market trends is backed by decades of historical performance. Five things you need to know Another blizzard of earnings will arrive today, with Microsoft and Meta in the spotlight. Tech was under pressure, with Super Micro Computer slumping 15%...
Mondelez Says Wary US Shoppers Are Cutting Back on Snacks
Mondelez International Inc. posted slower-than-expected sales growth as worries about inflation and the economy push US consumers to prioritize essentials over cookies, crackers and sweets. The owner of the Oreo, Ritz and Cadbury brands said organic revenue, which...
US Consumer Confidence Keeps Falling on Trump’s Trade War
As President Donald Trump notches the first 100 days of his second presidency, the general assessment on Tuesday of the 78-year-old Republican’s performance for consumers, companies, the economy and workers was less than celebratory. US consumer confidence fell to an...
Tomasz Tunguz: Secondaries as the new IPO is no passing fad—it’s a VC evolution
Tomasz Tunguz is the founder and general manager of Theory Ventures. He served as managing partner at Redpoint Ventures for 14 years. As venture capital has matured, growing 5x over the last 12 years to $350 billion, the scale of private holdings has never been...
Consumer confidence plunges for fifth straight month as jobs, inflation fears rise on Trump trade policy
Consumer confidence fell for the fifth straight month in April, dropping to its lowest level since the early days of the COVID-19 pandemic as uncertainty surrounding President Trump’s trade policy pushed inflation expectations higher and weighed on the labor outlook....
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14%
Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement....
Capital Group and KKR Launch Their First Two Public-Private Investment Solutions and Announce Plans to Expand Their Exclusive Strategic Partnership
Subsequent strategies will include two public-private equity-oriented solutions, expected to launch in the U.S. in 2026 Work is underway to extend access for individuals interested in private markets through vehicles such as model portfolios and target date funds LOS...
Slow Shift Out of Treasuries Is Likely, German Debt Chief Says
Investors spooked by the upheaval caused by President Donald Trump’s trade tariffs are likely to gradually shift away from US Treasuries, according to the co-head of Germany’s debt agency. “The political uncertainty is not appreciated,” Tammo Diemer told reporters on...
Wall Street Sees US Playing Safe on Debt After Market Chaos
Treasury Secretary Scott Bessent’s debt-management team is expected to keep the department’s plans for sales of longer-dated securities steady, especially after recent swings in the $29 trillion market. Despite having criticized his predecessor Janet Yellen for...
Big Tech’s Earnings Problem Is Estimates May Be Way Too High
The last time Big Tech delivered earnings, Donald Trump had just started his second term, stocks were soaring on expectations of a pro-growth agenda and investors’ main worry was how long it would take companies to convert their artificial intelligence spending into...