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Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
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Rising Fuel Prices Force Policymakers to Weigh Excruciating Choices The New York TimesFed's preferred inflation gauge just hit the highest level in nearly three years CNNKey inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices AP NewsTurmoil in the Middle East: Assessing the Longer-Term Implications Citigroup
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2 winning Powerball tickets hit jackpot worth $143 million, dozens of others win $2 million and $1 million: See where all the lucky tickets were sold WKYCIn a wild night of Powerball, 91 tickets win at least $1 million Detroit Free Press18 people in N.J. just won at least $1M each during wild night for Powerball drawing NJ.com
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Lilly hiked its full-year sales outlook by $2 billion, and also raised its adjusted profit guidance.
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Alphabet Sales Beat Estimates on Google Cloud, AI Customers BloombergAlphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027 CNBCGoogle and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating Yahoo FinanceGoogle Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity? Fortune
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CEO Russell Weiner expects other fast-food chains to report similar headwinds from bad weather and weak consumer sentiment tied to Iran war.
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