Yahoo Finance's Morning Rundown, May 10
The morning's top headlines, May 10
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Dow Jones Futures Fall As Israel Strikes Iran; Stock Market About To Break Power Trend
Futures fell on reports of Iran explosions: The market power trend is about to end. Netflix gave weak guidance.
Investor's Business Daily•Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Business Insider•Stocks Fall on Mideast Tensions, Treasuries Rise: Markets Wrap
(Bloomberg) -- Markets remained on edge on Friday after an escalation of the tensions in the Middle East sent stocks tumbling around the world and stoked demand for haven assets including bonds and the dollar.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Launches Retaliatory Strike on Iran, US Officials SayRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingThese Are the World’s Best Airports in 2024Gains for Treasuries drove
Bloomberg•Trump Media stock jumps for second day as company goes to battle with short sellers
Trump Media is advising investors on ways to prevent their shares from being loaned for a short-interest position.
Yahoo Finance•The Most Active Stock Trader in Congress Is Buying Shares of This Magnificent Stock-Split Stock
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
Motley Fool•Israel Launches Retaliatory Strike on Iran, US Officials Say
(Bloomberg) -- Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, according to two US officials, but Iranian media appeared to downplay the incident in the hours that followed the initial reports.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Launches Retaliatory Strike on Iran, US Officials SayRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingThese Are the World’s Best Air
Bloomberg•Cathie Wood buys $14 million of Tesla stock
Her flagship Ark Innovation ETF has lost 18% this year.
TheStreet•Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Benzinga•Billionaire Warren Buffett Recently Cut This Stock From Berkshire Hathaway's Portfolio. It Just Dropped 53% In 1 Day. Here's What Investors Need to Know.
The insurer was accused by a short-seller of "extensive" fraud.
Motley Fool•4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought
These members of Congress delivered greater returns than Warren Buffett in 2023.
Motley Fool•