FMP
Jun 5, 2025 3:17 AM - Parth Sanghvi
How to Start Investing: A Step-by-Step Guide
Investing can feel overwhelming for newcomers, especially with jargon like “asset allocation” and “compound returns” floating around. Yet, taking the first step is often the hardest part. This guide breaks down how to start investing into actionable steps, using real-world examples, expert insigh...
Jun 5, 2025 3:00 AM - Parth Sanghvi
S&P 500 Stumbles as Weak Labor Data Rekindles Trade Concerns
The S&P 500 finished slightly lower on Wednesday, weighed down by weaker-than-expected U.S. private payrolls data and rising trade tensions ahead of an anticipated call between President Trump and President Xi Jinping. At close (4:00 p.m. ET), the Dow Jones Industrial Average fell 92 points (−0.2%),...
Jun 5, 2025 2:59 AM - Parth Sanghvi
Amazon Leverages Agentic AI to Supercharge Warehouse Robotics
Amazon (NASDAQ: AMZN) is taking “artificial intelligence” well beyond writing college essays, unveiling plans this week to embed advanced AI into its fulfillment centers. By forming a dedicated Lab126 group focused on agentic AI, Amazon aims to transform its warehouse robots into multi‑tasking assis...
Jun 5, 2025 2:58 AM - Parth Sanghvi
Tesla and the $9 Trillion Sky: Could eVTOL Be Its Next Frontier?
Tesla may soon find itself taking flight—literally. According to Morgan Stanley, the EV giant is well-positioned to enter the drone and electric vertical takeoff and landing (eVTOL) market, part of what the firm calls the “Low Altitude Economy,” a space projected to hit a staggering $9 trillion i...
Jun 5, 2025 2:57 AM - Parth Sanghvi
Wall Street Raises the Bar: Barclays Ups S&P 500 Target as Tariff Clarity Emerges
After months of tariff turbulence, Barclays believes the storm may be passing. The investment bank has raised its year-end 2025 S&P 500 target to 6,050, up from a previous 5,900 projection, joining a growing chorus of Wall Street institutions—including Deutsche Bank, Goldman Sachs, and UBS—that n...
Jun 5, 2025 2:56 AM - Parth Sanghvi
Gold Prices Hold Weekly Gains Despite Minor Dip as Trade, Rate Uncertainty Lingers
Gold prices eased slightly in Asian trade on Thursday, but the metal remained on track for a solid weekly gain as economic and geopolitical uncertainty continued to drive demand for safe-haven assets. A Minor Pullback Amid Strong Week Spot gold fell 0.1% to $3,368.61 an ounce Gold futures f...
Jun 5, 2025 2:54 AM - Parth Sanghvi
Alibaba and JD.com Rally as China’s 618 Shopping Festival Sparks Consumer Surge
Shares of Alibaba and JD.com soared on Wednesday, lifted by strong early results from China’s annual 618 Shopping Festival, signaling a rebound in consumer demand driven by state-backed subsidies. ADRs Surge on Strong Festival Kickoff Alibaba (NYSE:BABA) gained 3.4% JD.com (NASDAQ:JD) rose ...
Jun 5, 2025 2:54 AM - Parth Sanghvi
DoorDash, Grubhub, and Uber Eats Settle NYC Lawsuit Over Delivery Fee Caps
DoorDash, Grubhub, and Uber Eats have settled a lawsuit with New York City concerning the city’s permanent cap on delivery fees, marking a significant development for the U.S. food delivery sector. Background: Why the Lawsuit Happened In May 2020, at the height of the COVID-19 pandemic, New Yo...
Jun 5, 2025 2:53 AM - Parth Sanghvi
Apple Loses Appeal to Delay App Store Ruling in Ongoing Epic Games Antitrust Case
Apple has lost a key bid to delay court-ordered changes to its App Store policies, after the 9th U.S. Circuit Court of Appeals rejected the tech giant’s emergency request to pause a federal judge’s ruling in its antitrust battle with Epic Games. What the Court Decided The court denied Apple’s ...
Jun 4, 2025 4:01 AM - Parth Sanghvi
Asian Stocks Rally on Hopes of Trump‑Xi Call and Political Stability
Most Asian stocks rose on Wednesday amid growing optimism that U.S. President Donald Trump and Chinese President Xi Jinping will speak this week and revive stalled trade negotiations between the world’s two largest economies. South Korea Leads with Political Certainty South Korean markets outp...
