S&P 500 Nears Longest Winning Streak Since 2023

- Spencer Platt/Getty Images Investors around the world are in good spirits today, setting the S&P 500 on track to rise for its eighth straight week. U.S. stocks are climbing, bolstered by cont… [+1080 chars]

Walmart Sales Rise as Higher Fuel Prices Bring More Bargain Hunters

Walmarts U.S. comparable sales grew 4.1% in the latest quarter. - Scott Olson/Getty Images Walmart said higher fuel prices could bring more shoppers through its doors. The retailer reported strong … [+3525 chars]

WSJ: ‘Google Unveils New Gemini AI Agent for Personal Tasks’

Katherine Blunt and Rolfe Winkler, reporting for The Wall Street Journal from Google I/O (gift link): Google is supercharging its Gemini artificial-intelligence model to become more competitive in… [+1254 chars]

Hedge fund Darsana Capital stands to make over $17 billion from SpaceX IPO

Darsana got interested in SpaceX after one of its partners, Dan Irom, was looking into publicly traded satellite companies and met with privately held SpaceX as part of his research, the people famil… [+2284 chars]

Stocks Climb as Investors Focus on AI Trade

- Michael M. Santiago/Getty Images U.S. stocks are continuing their upswing today. Stocks tied to artificial intelligence remain investors primary focus. Also joining them in the spotlight: Cisco S… [+1192 chars]

Retailers’ Sales Growth Cooled Last Month

Sales growth slowed for U.S. retailers in April, damped by a cooler increase in gasoline prices as the Iran conflict continued. Retailers sales grew by 0.5% last month to $757.1 billion, versus the … [+228 chars]