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Real-time News
According to the Wall Street Journal, "Big Short" Michael Burry has sold off his entire stake in GameStop (GME.N), after GameStop announced its intention to acquire eBay (EBAY.O).Bank of Canada Governor Macklem: With Federal Reserve Chairman nominee Warsh now serving as Chairman of the Federal Reserve, I believe the Feds culture and behavior will continue as they have been.US President Trump: Hundreds of millions of barrels of oil are flowing out of Venezuela.On May 5th, New York Federal Reserve President Williams stated that the Feds current accommodative stance reflects the likely long-term direction of monetary policy, while inflation dynamics have not yet reached the point where a rate hike needs to be discussed. Speaking to reporters after a speech in New York City, Williams said, "I dont see any indication from todays data that a rate hike is necessary in the near term." However, he added that given the current level of uncertainty, he believes "we cannot yet provide clear guidance on the direction of interest rates at the next few meetings."IMF Managing Director Kristalina Georgieva: If the war continues into 2027 and oil prices reach $125 per barrel, we must expect “worse outcomes.”

Real-time News

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2026/05/05
Important Only
  • 05:04:55

    According to the Wall Street Journal, "Big Short" Michael Burry has sold off his entire stake in GameStop (GME.N), after GameStop announced its intention to acquire eBay (EBAY.O).

  • 04:42:58

    Bank of Canada Governor Macklem: With Federal Reserve Chairman nominee Warsh now serving as Chairman of the Federal Reserve, I believe the Fed's culture and behavior will continue as they have been.

  • 04:20:14

    US President Trump: Hundreds of millions of barrels of oil are flowing out of Venezuela.

  • 04:20:06

    On May 5th, New York Federal Reserve President Williams stated that the Fed's current accommodative stance reflects the likely long-term direction of monetary policy, while inflation dynamics have not yet reached the point where a rate hike needs to be discussed. Speaking to reporters after a speech in New York City, Williams said, "I don't see any indication from today's data that a rate hike is necessary 'in the near term'." However, he added that given the current level of uncertainty, he believes "we cannot yet provide clear guidance on the direction of interest rates at the next few meetings."

  • 04:16:19

    IMF Managing Director Kristalina Georgieva: If the war continues into 2027 and oil prices reach $125 per barrel, we must expect “worse outcomes.”

  • 04:09:11

    Court records show that the U.S. Securities and Exchange Commission (SEC) reached a settlement with Elon Musk over his initial disclosure of his Twitter stake.

  • 04:01:30

    On May 5th, U.S. stocks closed lower. The Dow Jones Industrial Average fell 1.1%, the S&P 500 fell 0.4%, and the Nasdaq Composite fell 0.19%. Apple (AAPL.O) fell 1%, Intel (INTC.O) fell nearly 4%, Circle (CRCL.N) surged 20%, and Micron Technology (MU.O) rose 6%. The Nasdaq China Golden Dragon Index closed down 0.09%, while NIO (NIO.N) rose nearly 3%.

  • 03:51:33

    US President Trump: (Regarding Iran) Once this is over, fuel prices will drop rapidly.

  • 03:49:56

    US President Trump: The situation in Iran is progressing very well.

  • 03:34:56

    Bank of Canada Governor Macklem: Inflation is expected to peak in April and fall to 2% by early 2027. The Bank is committed to keeping CPI around 2% in the long term.

  • 03:34:42

    Bank of Canada Governor Macklem: Uncertainty is exceptionally high, and monetary policy needs to be flexible.

  • 03:34:38

    Bank of Canada Governor Macklem: If energy prices remain high, we will not allow their impact to solidify.

  • 03:21:21

    European Commission Executive Vice President Dombrovskis: Taxing energy profiteering is an option member states could consider, but the EU is not expected to propose such an initiative at present.

  • 03:20:00

    Bank of Canada Governor Macklem and Senior Deputy Governor Rogers will appear before the parliamentary hearing in ten minutes.

  • 03:17:31

    European Commission Executive Vice-President Dombrovskis: We are in contact with Anthropic regarding the Mythos model and are currently assessing its potential impact within the context of EU policy and legislation.

  • 03:17:24

    According to Iranian state television, Iranian military officials stated that Iran had no premeditated plans to attack oil facilities in Fujairah, UAE.

  • 03:10:46

    Trump posted a chart on social media showing the earnings his administration made from its August 2025 purchase of Intel (INTC.O) to date, with the caption: "I've made $45 billion for America in the last 8 months!"

  • 03:10:28

    Eurogroup President Pierakakis: We are in a stagflation trend, but have not yet entered a full-blown stagflation mode.

  • 03:09:18

    According to ABC News, US President Trump said an Iranian missile hit the United Arab Emirates, but caused little damage.

  • 03:05:12

    U.S. Treasury: Borrowed $577 billion in the first quarter, with a cash balance of $893 billion at the end of the quarter. Will borrow $189 billion in the second quarter, with a projected cash balance of $900 billion at the end of June. Will borrow $671 billion in the third quarter, with a projected cash balance of $950 billion at the end of September.

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