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Iran's proxy militia is threatening to block Saudi oil exports from the Red Sea.
A BofA analyst expects the semiconductor market to reach $3.2 trillion by the end of the decade, shrugging off fears of an AI slowdown.
Nutrien, J.B. Hunt, Mærsk, and Valero prices have historically anticipated U.S. inflation trends by about 10 weeks.
American Superconductor, AMSC, Daniel McGahn, Power Grid, Grid Modernization, Data Centers, AI Infrastructure, Electricity Demand, Semiconductor Fabs, Gas Pipelines, Backlog, Federal Reserve, Interest Rates, Manufacturing, Brooke DiPalma, Market Catalysts, Yahoo FinanceAmerican Superconductor sells the equipment that connects factories and fabs to the electrical grid, and its chief executive says the AI build-out is not what is driving the business. Daniel McGahn tells Brooke DiPalma that data centers are "a very, very small fraction" of AMSC, that roughly 20 to 30% of it is traditional energy like gas pipelines, and that the company is carrying 12 months of backlog worth more than its entire prior year.
Bond traders are pricing in a Federal Reserve interest-rate hike Wednesday with a level of conviction that has proven right for decades. Interest-rate swaps tied to Fed meeting dates show traders see more than a 90% chance that Fed Chairman Kevin Warsh and his colleagues will lift the benchmark policy rate by a quarter point from the current 3.5%-3.75% range.
The key borrowing benchmark is either bumping along a post-financial crisis high, or stepping into a new era of higher rates.
Treasury Secretary Scott Bessent cited Anthropic's Mythos model as a step toward AGI and urged Congress to develop open source AI against China.
AI lab leaders' call to slow frontier model development has triggered sharp corrections, especially in chips and data center buildout names. Immediate fundamentals and capex guides remain intact, but long-duration plays and high-multiple segments face heightened scrutiny and risk.
Emerging Market Equity led CEF sector price performance (+1.75%), while New York Munis lagged (-2.00%); average sector price return was -0.70%. Sector Equity trades at the highest premium (+22.21%), U.S. Equity at the widest discount (-13.62%); average sector discount is -5.32%. Notable corporate actions include BlackRock MuniAssets Fund's oversubscribed rights offering and multiple upcoming rights offerings and mergers across CEFs.
Washington trade negotiators want to encourage more North American content in servers, chips and other equipment crossing America's southern border.
The Trump administration on Tuesday appealed a ruling blocking the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules to the Republican-controlled Congress for a potential fast-track repeal.
Tom Lee, Fundstrat head of tech research, joins 'Closing Bell' to discuss the latest economic data to cross the tape, Treasury yields and much more.
The Dow Jones Industrial Average on Tuesday posted its worst performance during the first 10 days of September since 2008.
I remain optimistic about the U.S. stock market, targeting 8,000 for the S&P 500 by year-end. AI-driven business investment is a critical growth engine offsetting high interest rates and weak macroeconomic conditions.
Real median household income rose 2.6% to $87,460 in 2025, new Census Bureau data shows, as the official poverty rate declined to 10.2%. Treasury Secretary Scott Bessent highlighted the report during House testimony.
