Stock market today: US futures rise as Tesla kicks off Magnificent 7 earnings season

The New Republic
Trump’s Precarious Truth Social Gambit Just Took a Turn for the Worse
Federal regulators have shut the media company’s auditor down for alleged fraud.
The Cool Down
State Farm announces major insurance policy change affecting tens of thousands of households: 'This decision was not made lightly'
With more insurance companies pulling out of the market or limiting coverage recently, some homeowners may have no other option.
CNN Business
The Fed announced a big change today. And no, we’re not talking about interest rates
Wednesday’s Federal Reserve policy decision was fairly boring for investors — officials kept interest rates the same, just as they have since July 2023.
Motley Fool
Possible Stock Splits in 2024: 2 Growth Stocks Up 437% and 541% in 7 Years to Buy Now, According to Wall Street
These potential stock-split stocks could help patient investors turn a profit in the market.
Motley Fool
Time to Pounce: 2 Ultra-High-Yield Monthly Dividend Stocks Begging to Be Bought in May
Two supercharged monthly dividend stocks -- with an average yield of 8.29% -- are ripe for the picking by opportunistic investors.
Reuters
Rivian receives $827 million in incentives to expand Illinois facility, shares jump
The Irvine, California-based company's shares rose nearly 10% in afternoon trade after having lost more than 60% of their value this year, as of Wednesday's close. With the addition of the R2, Rivian expects a total annual capacity of 215,000 vehicles. The company said the funds from the state of Illinois would be spent on expanding the plant, improving public infrastructure and job training programs for its workforce.
Futurism
Google Lays Off 200 Workers to Replace Them With Cheaper International Workers
Gutting The Core Google has decided to gut 200 members of its "Core" team and start replacing their jobs in cheaper labor markets as it continues its pivot to AI. As CNBC reports, the search giant laid off at least 200 people ahead of an April 25 quarterly earnings call that saw its parent company, Alphabet, […]
Motley Fool
Billionaires Are Selling Nvidia Stock and Buying 2 Red-Hot Artificial Intelligence (AI) Stocks Instead
Several wealthy hedge fund managers sold shares of Nvidia during the fourth quarter, while purchasing shares of red-hot Palantir and Amazon.
Benzinga
Bill Gates Is Reportedly Selling A Pair Of Yachts After Dropping To His Lowest Rank On The Billionaire List In 34 Years
Bill Gates, the co-founder of Microsoft Corp. and a renowned philanthropist, has been slipping down the ranks of the world’s billionaires. Despite boasting a net worth of nearly $128 billion, Gates is at No. 9 on the Forbes Billionaire Index, a significant drop from his previous position at No. 7 a month ago. This marks his lowest ranking since 1990 when he ranked 16th. Gates has been recognized not only for his immense wealth but also for his environmental advocacy, which makes his ownership of
Motley Fool
3 Vanguard ETFs to Buy If You're Looking for Reliable Passive Income
ETFs can be a great way to boost your passive income stream while also achieving diversification.
Reuters
Sony, Apollo await response to $26 billion Paramount bid
(Reuters) -Sony Pictures Entertainment and private equity firm Apollo Global Management on Wednesday submitted a $26 billion offer for Paramount Global but have yet to receive a response as of Friday, according to a person familiar with the matter. A special committee of the Paramount board, created to evaluate offers for the company, has been holding exclusive deal talks with Skydance Media. The companies submitted a non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, a source confirmed to Reuters.
TipRanks
Oppenheimer Predicts Over 100% Rally for These 2 Healthcare Stocks
After some recent losses, markets turned up on Wednesday, coinciding with Federal Reserve Chair Jay Powell’s announcement confirming that there will be no further rate hikes for the foreseeable future. The upward turn in the markets highlights the volatility in current conditions – but that’s not a bad thing at all, for at least one market expert. John Stoltzfus, chief investment strategist at Oppenheimer, gives a clear explanation of where the market stands now: “Some near-term profit-taking in
Motley Fool
Forget Nvidia. Billionaires Steven Cohen and Israel Englander Are Buying This Artificial Intelligence (AI) Stock Instead.
These billionaires are favoring shares of potential AI winners.
Motley Fool
My Top 5 Favorite High-Yield Dividend Stocks to Buy in May
Income investors can buy in May and go away with these stocks.
The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
Moneywise
‘That is deranged’: Yellen ignites internet backlash after saying Americans ‘generally are better off’
Have we won the war against inflation?
Barrons.com
Tesla Stock Could Be $460 or $70 a Share. Here’s How.
Cantor Fitzgerald analyst Andres Sheppard started coverage of the stock with a Buy rating and $230 price target.
Motley Fool
SoFi Stock: I'm Buying Shares for This Simple Reason
SoFi stock is down close to 30% this year.
Business Insider
Billionaire 'bond king' Bill Gross says soaring Treasury issuance means bond yields can't come down anytime soon
"Look for 5% plus 10-year yields over the next 12 months," Bill Gross wrote in a note published this week.
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.

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