Trader Stephen Weiss is holding his cash, says ‘this is not a trading market’

Stephen Weiss, chief investment officer at Short Hills Capital Partners, says this is not the time to be trading the market.
Stocks making the biggest moves midday: Adobe, Ulta Beauty, Insulet, Klarna, Once Upon a Farm & more

These are some of the stocks posting the largest moves midday.
Analysis: The U.S. is running out of ways to get oil prices down. It is up to the military.

Iran’s threat to the Strait of Hormuz can’t be fixed by releasing oil from strategic petroleum reserves.
AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says

Technology companies, including Block and Atlassian, have already cut jobs this year due to AI adoption.
Amazon to hike price of ad-free Prime Video tier by $2 a month

Amazon is boosting the price of Prime Video to $4.99 a month in the U.S., from $2.99 per month for users who want to avoid ads.
The stock market is getting very close to a point that would trigger a policy response, BofA’s Hartnett says

With oil soaring and the Iran war threatening global stability, Hartnett said it probably won’t take much more before someone steps in.
Epstein files: Congress seeks to depose prison guard on duty at time of Jeffrey Epstein’s death

The House Oversight Committee has called in Tova Noel, who was working at the time of Jeffrey Epstein’s death, for a deposition later this month.
Trump can’t ‘drill, baby, drill’ his way out of this Iran-inspired oil crisis

Oil prices have skyrocketed in the days since President Donald Trump’s war on Iran began.
Barclays’ model shows AI spending cycle is far from peak. That means Nvidia shares are too cheap

Consensus hyperscale capex is at least $225 billion “too low” in 2027 and 2028, according to a recent analysis from Barclays analysts.
How the Iran war could start to impact U.S. retail prices

The retail industry could soon be taking the next hit from the Iran war’s disruption to the global supply chain.