Markets fell Friday after Moodyās cut the US credit rating to Aa1, citing rising deficits and debt risks.
The Dow, S&P 500, and Nasdaq each dropped 0.7%.
Foreign holdings of US Treasuries hit a record $9.05 trillion in March, up $233 billion from February and nearly 12% year-over-year. Investors still seem positive about US debt qualityāeven though Moody just lowered the USās credit rating to an Aa1 from its perfect AAA rating. However, weāre concerned about the US 10-Year Treasury yield hitting 4.497% at one point last month, and weāll be watching Aprilās Treasuries report very closely.
President Trump told Walmart to āeat the tariffsā instead of raising prices; most of the time, whatever Walmart does, the rest of the retail industry follows. āWalmart made BILLIONS last year, far more than expected,ā he posted after the retailer cited tariffs for price hikes.
Mike Pence urged President Trump to reject Qatarās $400 million Boeing 747-8 gift, citing national security risks. āQatar has a long history of playing both sides,ā he said on NBCās Meet the Press.
Former President Bidenās prostate cancer diagnosis shook political circles but had little market impact. The cancer has spread to the bone but remains hormone-sensitive, and heās reviewing treatment options.
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If the US had a FICO score, what would you rate it? |
President Trump signaled potential new tariffs without finalized deals, with officials set to warn foreign governments of rising US business costs.
China imposed a 75% tariff on US polyformaldehyde plastics and up to 35.5% on EU, Taiwan, and Japan imports.
Canada and Mexico pledged closer ties and assigned officials to coordinate ahead of USMCA renegotiation and US tariffs.
AltIndexās AI-driven stock analysis gave CVRx a buy signal on May 17th:
Current price: $6.34
Target price: $7.38
Upside: 16.4%
Key reasons for the buy signal included:
š Insider buying
š YoY revenue increase
š§āš MoM rise in job postings
ā¬ļø Increased social media following
šļø Positive employee business outlook
Always do your own research.
NDRIO committed $50 million to a private debt fund, underscoring institutional demand for private credit yield.
Blackstone and KKR launched intermittent liquidity funds to pull in more retail capital.
Meta's Moonvalley raised $53 million to expand its AI video tools, boosting total funding to $124 million.
House Republicans passed a bill blocking state AI laws for 10 years, targeting over 50 California regulations.
Hyundai pledged $21 billion in US investments, with $6 billion for innovation and a new Georgia robotics hub.
Cohere acquired Ottogrid to power automated market analysis as it hit $100 million in annualized revenue.
Eric Council Jr. got 14 months for hacking the SECās X account in a Bitcoin ETF hoax that briefly spiked BTC.
UK crypto firms must track all trades and transfers starting 2026 or face £300 fines per missing report.
Ether, XRP, and Dogecoin dropped after Moodyās downgraded the US credit.
Massachusetts risked six-figure job losses as tariffs and funding cuts threatened research and life sciences.
US consumer sentiment dropped to 50.8 in May, with tariffs and 7.3% inflation expectations driving fears.
The global bicycle market is projected to grow 6.67% annually, fueled by health trends and Asia-Pacific demand.
š®š³ India is set to grow 6.3% in 2025 with record $824.9 billion exports and cooling inflation at 4.3%.
š³š¬ Nigeria launched NRBVN to raise diaspora remittances to $1 billion monthly and expand financial access.
šµš± Polandās presidential runoff is set for June 1 after a tight first-round lead by centrist Rafal Trzaskowski.
š¹š· Türkiyeās shadow economy hit 16.1% of GDP, costing $44 billion in lost taxes last year.
š©šŖ Germanyās chancellor said UniCredit will pause on a full Commerzbank takeover until at least 2026.
BT moved to sell its TNT Sports stake to Warner Bros Discovery, exiting sports TV after ten years.
Rite Aid was hit with a class action from 300+ ex-employees alleging illegal layoffs during bankruptcy.
Microsoft pushed AI agents to cooperate across companies using āstructured retrieval augmentation.ā
FCC cleared Verizon's $20 billion Frontier deal after it dropped all DEI programs and pledged fiber expansion.
Canadaās Burgess Shale revealed Mosura fentoni, a 3-eyed predator with clawed limbs and a toothy circular mouth.
Chinese scientists found a new bacterial strain, Niallia tiangongensis, clinging to the walls of the Tiangong space station.
The FDA approved the first Alzheimerās blood test for people over 55.
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