The $5.7m TSA Bet You Haven't Heard Of

One AI scanner just received $5.7M in TSA funding. It detects threats others miss - and trades at a 98% discount to Evolv.

Asian shares are mixed after Wall Street's rally steadied

JIANG JUNZHE
May 15, 2025

HONG KONG (AP) -- Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it weakens under the weight of President Donald Trump's high tariffs.

U.S. futures and oil prices were little changed.

Markets have calmed somewhat after the turmoil unleashed by Trump's on-again, off-again tariffs offensive, aimed at compelling companies to base manufacturing inside the United States. But the policies are already taking a toll.

The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the tariffs and worsening trade tensions. U.N. economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence.

Tokyo's Nikkei 225 lost 0.3% to 37,659.39 after the government reported that Japan's economy contracted at a faster rate than expected in the first quarter of the year. Exports fell and consumer spending was flat, according to the data which showed a contraction of 0.7% from a year earlier.

Hong Kong's Hang Seng dropped 1% to 23,216.20 while the Shanghai Composite Index fell 0.6% to 3,360.82.

E-commerce giant Alibaba tumbled 5.2% after the company's financial performance missed forecasts.

Seoul's Kospi was nearly unchanged at 2,621.75 and the S&P/ASX 200 in Australia added 0.6% to 8,349.30.

Taiwan's Taiex gained 0.3%.

Most U.S. stocks drifted higher in quiet trading Thursday following the jumble of mixedreports that offered little clarity on how the U.S. economy is managing Trump's trade war.

The S&P 500 rose 0.4% to 5,916.93, enough to extend its winning streak to a fourth day and to pull within 3.7% of its all-time high set earlier this year.

The Dow Jones Industrial Average added 0.6% to 42,322.75, and the Nasdaq composite slipped 0.2% to 19,112.32.

The reports did little to spell out whether the economy is heading into a recession, as many investors had been fearing, or shaking off the uncertainty after Trump called off many of his tariffs temporarily. Shoppers spent less at U.S. retailers last month than expected, while inflation was better at the wholesale level than economists had forecast.

Other updates said U.S. manufacturing looks like it's still contracting but fewer U.S. workers are applying for unemployment benefits than expected.

Even though China and the United States recently agreed on a 90-day stand-down for many of their tariffs, frictions remain and it will take time for tariffs to fully show up in economic data.

Fed Chair Jerome Powell warned in a speech on Thursday that the world "may be entering a period of more frequent, and potentially more persistent, supply shocks" that could goose inflation higher and present a "difficult challenge for the economy and for central banks."

Such uncertainty showed itself in Walmart's stock, which slipped 0.5% even though it reported a bigger profit for the latest quarter than analysts expected.

Like other U.S. companies struggling through Trump's on-again-off-again rollout of tariffs, Walmart said it decided not to offer a forecast for how much profit it will make in the current quarter.

The nation's largest retailer also said that it must raise prices due to higher costs caused by Trump's tariffs.

Cisco Systems rose 4.8% after the tech giant topped expectations for profit. Analysts said they're optimistic about Cisco's artificial-intelligence prospects.

Elsewhere on Wall Street, Dick's Sporting Goods tumbled 14.6% after it said it would buy the struggling Foot Locker chain for $2.4 billion. Dick's also said that it made a better profit for the latest quarter than analysts expected.

Foot Locker soared 85.7% after coming into the day with a loss of nearly 41% for the year so far.

In the oil market, crude prices sank roughly 2% on expectations that more petroleum could be set to flow into global markets because of a possible deal between the United States and Iran over that country's nuclear program. Such a deal could help ease sanctions against Iran, which is a major producer of oil.

Early Friday, oil prices were virtually unchanged. U.S. benchmark crude oil lost 1 cent to $61.61 per barrel. Brent crude, the international standard, was unchanged at $64.53 per barrel.

The U.S. dollar fell to 145.40 Japanese yen from 145.69 yen. The euro advanced to $1.1204 from $1.1185.

Continue Reading...

Popular

Trump promised to welcome more foreign students. Now, they feel targeted on all fronts

To attract the brightest minds to America, President Donald Trump proposed a novel idea while campaigning: If elected, he would grant green cards to all foreign students who graduate from U.S. colleges.

Tiny Float. Big Potential. Hidden Biotech. - Ad

With a float under 5M shares and insiders holding over 27%, this microcap is primed. The chart is coiling and the data is strong.

Senate Republicans revise ban on state AI regulations in bid to preserve controversial provision

WASHINGTON (AP) — Senate Republicans have made changes to their party's sweeping tax bill in hopes of preserving a new policy that would prevent states from regulating artificial intelligence for a decade.

Under-the-Radar Stem Cell Stock with Real Revenue - Ad

This isn't another zero-revenue biotech. They've already launched a commercial product-and now their lead therapy just got FDA Fast Track.

Trump pushes a July 4th deadline for big tax bill as senators dig in

WASHINGTON (AP) — wants his of tax breaks and spending cuts on his desk to be signed into law by the Fourth of July, and he's pushing the slow-rolling Senate to make it happen sooner rather than later.

British Man Charged In US With Spying For China — Here's How He Allegedly Did It

A British man has been indicted in the U.S. on charges of espionage for China. The accused, John Miller, is facing multiple charges including interstate stalking and smuggling.

50-Year Legend: Here's the Day Stocks Likely Crash - Ad

Legendary quant analyst Marc Chaikin says in 50 years on Wall Street, one stock cycle indicator worked better than anything else. It's been studied by Schwab, T.Rowe, Goldman, and more. And now Chaikin is sounding the alarm because this cycle indicator is pointing to March 2026 for the next big crash.

FDA Fast Track for a $1.60 Stem Cell Underdog - Ad

A tiny biotech with a novel stem cell injection just got Fast Track status. Early data shows over 50% pain reduction in 70% of patients-no surgery, no donor cells. Analysts are waking up. You should too.

California utility to pay $82 million settlement in lawsuit stemming from huge 2020 wildfire

LOS ANGELES (AP) — A California utility has agreed to pay the federal government $82.5 million stemming from an enormous 2020 wildfire that churned through mountains northeast of Los Angeles and into the Mojave Desert, officials said Friday.

Trump-Musk Feud Gets Ugly: ETFs Exposed With Tesla Caught In The Crossfire

ETFs with high exposure to Tesla could be risky due to political tensions between Musk and Trump. TSLA stock plummeted and could impact ETFs.

This Microcap May Leapfrog a $1.46B Stem Cell Giant - Ad

One has Fast Track status and real data. The other has a billion-dollar valuation and FDA rejection. Guess which one trades for pennies?

A judge tells federal agencies they can't enforce anti-trans bias policies against Catholic groups

BISMARCK, N.D. (AP) — Two federal agencies cannot punish Catholic employers and health care providers if they refuse for religious reasons to provide gender-affirming care to transgender patients or won't provide health insurance coverage for such care to their workers, a federal judge ruled Thursday.

Sam Bankman-Fried's Early Release, Schiff Vs Vance, Bitcoin's Fall, And Trump's Meme Coin Dinner: This Week In Crypto

The past week was a rollercoaster ride in the world of finance and cryptocurrency. From the early release of a notorious fraudster to a heated debate over Bitcoin’s value, the weekend was packed with intriguing stories. Here’s a quick recap of the top stories that made headlines. Sam Bankman-Fried’s Early Release

TSA-Approved. Government-Tested. Market-Ignored. - Ad

Already deployed across the US and tested by US government agencies, US Military and NATO countries, this microcap trades under C$0.35.

Lebanon aims to lure back wealthy Gulf tourists to jumpstart its war-torn economy

BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea.

US Military Just Validated This AI Threat Detection Stock - Ad

A $12M security stock just passed one of the toughest national security tests out there - spotting hidden IEDs, plastic explosives, and non-metallic weapons with over 90% accuracy in US military trials. Now it's rolling out in airports, courthouses, and federal labs.

Judge and lawmakers question the Trump administration's plan to gut Job Corps centers

Members of Congress and a federal judge are questioning plan to shut down Job Corps centers nationwide and halt a residential career training program for low-income youth that was established more than 50 years ago.

OpenAI's Acquisition Of Jony Ive's Startup Poses Threat To Apple's Dominance

The tech industry could witness a shift in power as OpenAI, under the leadership of CEO Sam Altman, acquires Jony Ive's startup, io, for a staggering $6.5 billion.

The $5.7m TSA Bet You Haven't Heard Of - Ad

One AI scanner just received $5.7M in TSA funding. It detects threats others miss - and trades at a 98% discount to Evolv.

Cathie Wood Drops $373 Million On Circle's 168% Rally, Dumps Coinbase And Crypto Holdings — Is Ark Ditching Bitcoin for Stablecoins?

Cathie Wood's Ark Invest made a blockbuster purchase of Circle Internet Group (NYSE:CRCL) shares on Thursday, marking a significant move in the evolving digital assets landscape.

Chart Watchers Are Circling This Biotech Setup - Ad

The 10/20/50/200 MAs are converging. A symmetrical wedge is tightening. One catalyst, and this low-float biotech could have plenty of upside potential.

U.S. hiring likely slowed to 130,000 new jobs last month amid uncertainty over Trump's policies

WASHINGTON (AP) — The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, deportations and purges of the federal workforce.

Safety Act Could Unlock Federal Goldmine - Ad

SAFETY Act certification could open the floodgates. The company's already in. Traders are watching.

Ron Desantis Takes A Dig At California, Says State Officials Living In A 'Leftist Information Bubble' Amid Unrest — Spring Break Crackdown A Model Response, Says Florida Governor

Florida Governor Ron DeSantis criticized California officials for their handling of unrest, using Miami Beach as an example. This adds to tensions between DeSantis and Governor Gavin Newsom. DeSantis has not addressed Newsom's claim that he regrets running for president. Lawmakers' investments can be tracked with an easy-to-use tool.

Amazon Launches New Agentic AI Group To Boost Robotics, Enhance User Interactions

Amazon launches a new team within its consumer R&D division to focus on agentic artificial intelligence.

Technical Reversal Setting up for Security Microcap - Ad

A descending wedge, flat support, and insider buying. All signs point to a technical breakout on this C$0.35 AI stock.

Salmonella outbreak tied to eggs sickens dozens across 7 states

A outbreak linked to a large egg recall has made dozens of people sick in seven states in the West and Midwest, federal health officials said Saturday.

Bulgaria is close to joining the euro currency but faces disinformation and fear

SOFIA, Bulgaria (AP) — Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties with the more prosperous countries of Western Europe. But faces a populist backlash against the shared currency on the eve of a key decision by European Union authorities.

Tiny Float. Big Potential. Hidden Biotech. - Ad

With a float under 5M shares and insiders holding over 27%, this microcap is primed. The chart is coiling and the data is strong.

Judge puts temporary hold on Trump's latest ban on Harvard's foreign students

WASHINGTON (AP) — A federal judge on Thursday temporarily blocked a proclamation by President Donald Trump that banned incoming foreign students from entering the U.S. to attend Harvard University.

Asian shares mostly gain ahead of Friday's US jobs report

TOKYO (AP) — Asian shares were mostly higher Friday ahead of an update on the U.S. job market that will offer insights into how the economy is faring.

Under-the-Radar Stem Cell Stock with Real Revenue - Ad

This isn't another zero-revenue biotech. They've already launched a commercial product-and now their lead therapy just got FDA Fast Track.

Goldman Sachs Bullish On Branded Drug Upside At Teva: What About Viatris?

Goldman Sachs initiates Teva, Viatris, and Amneal, highlighting branded growth and pipeline strength, but one company's unclear outlook.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright 2025 trendadvisor.net
Privacy Policy | Terms of Service