May 7, 2025
Israeli airstrike on central Gaza school compound housing displaced people kills 22, as military operation intensifies
At least 22 people, including seven children, were killed Tuesday in an Israeli strike on a school compound sheltering thousands of displaced people in the Al Bureij camp in central Gaza, hospital officials said. Dozens more were injured in the strike, they said. At the site of the attack, video from the scene showed a […]
May 7, 2025
India and Pakistan are on the brink of all-out war. Here’s what we know
India launched military strikes on Pakistan on Wednesday and Pakistan claimed it shot down five Indian Air Force jets, in an escalation that has pushed the two nations to the brink of war. The escalation puts India and Pakistan, two neighbors with a long history of conflict, in dangerous territory, with Islamabad vowing to retaliate […]
May 7, 2025
5 Biggest Pharmaceutical ETFs in 2025
The global pharmaceutical market reached a total value of US$1.38 trillion in 2024, according to Research and Markets, up significantly from the US$888 billion seen just over a decade earlier in 2010. Experienced and novice investors alike may want to consider pharmaceutical exchange-traded funds (ETFs) as a way to gain exposure to the top pharma […]
May 7, 2025
Copper Crunch: China’s Stockpiles Depleting, US Demand Rising
Copper prices are being pushed skyward as China’s stockpiles sit on the verge of depletion and as US demand for the red metal surges, fueled by looming trade restrictions under the Trump administration. According to Mercuria, the market is undergoing “one of the greatest tightening shocks” in its history. “At the current pace of draws, […]
May 7, 2025
State Department to merge Palestinian Affairs Office with US Embassy in Jerusalem
Secretary of State Marco Rubio is planning to merge the responsibilities of the Palestinian Affairs Office into the U.S. Embassy in Jerusalem in an effort to continue a diplomatic mission in Israel’s capital that was put in place by President Donald Trump during his first term in office. State Department spokesperson Tammy Bruce announced Rubio’s […]
May 7, 2025
Trump expresses ‘absolute confidence’ as Steve Witkoff is sworn in as special Middle East envoy
President Donald Trump’s new special envoy to the Middle East was sworn in by Secretary of State Marco Rubio Tuesday in an Oval Office ceremony. Speaking before the swearing-in, Trump praised Witkoff, who was instrumental in securing an extended ceasefire between Israel and Hamas and the return of 33 hostages, including two Americans, who were […]
May 7, 2025
Four Charts to Track a Potential Market Top
In this video, Dave reveals four key charts he’s watching to determine whether the S&P 500 and Nasdaq 100 will be able to power through their 200-day moving averages en route to higher highs. Using the recently updated StockCharts Market Summary page, he covers moving average breadth measures, his proprietary Market Trend Model, offense vs. […]
May 7, 2025
Will Trump’s Foreign Film Tariffs Crush Streaming Stocks? What You Need To Know Now
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement rattled several media stocks like Netflix, Inc. (NFLX), Walt Disney Co. (DIS), and others. What makes the whole thing complicated is this: No clear-cut definition of “foreign”: Many “American” films are […]
May 7, 2025
Rite Aid files for second bankruptcy in two years
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing. Pharmacy chains, such as Rite Aid, Walgreens and CVS, have been under pressure as falling drug margins and competition from Walmart and Amazon have led to a closure of hundreds of stores. Walgreens, […]
May 7, 2025
Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated driving system that could cause it to inaccurately predict the movement of another car, increasing “the risk of a crash,” according to a report submitted […]
May 6, 2025
World War II-era target ship prematurely sinks before US and Philippine forces can use in drills
A ship that US and Philippine forces planned to sink beat them to it. A former US World War II-era warship, which survived two of the Pacific War’s most important battles, was supposed to go down in a blaze of glory in a live-fire exercise off the western coast of the Philippines as part of […]
May 6, 2025
Merz fails to be elected German chancellor in first round of voting
German conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor on Tuesday in a first round of voting in an unexpected setback for his new coalition with the center-left Social Democrats. Merz, 69, who led his CDU/CSU conservatives to win a federal election in February and since secured a coalition […]