Lilly’s oral obesity drug momentum and Google’s AI rollout set the tone for late-session trading

UAE’s OPEC Exit Framed as Economic Strategy, Recasts Oil Market Dynamics

The United Arab Emirates confirmed it left OPEC on May 1, describing the move as a strategic economic decision. Here’s what changed, why it matters for markets, and the potential scenarios investors should consider.

May 23, 2026 | 199

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Markets

AI-Linked Layoffs Don’t Guarantee a Stock Rally: What Investors Should Watch

Companies are framing job cuts as AI-driven efficiency plays, but history shows mixed stock reactions. Near-term earnings charges, uncertain productivity gains, and a higher-rate backdrop complicate the market read-through.

May 23, 2026 | 202

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Markets

Investors Home In on ‘HALO’ Stocks as a New ETF Targets Businesses AI Can’t Replace

A newly launched ETF packages exposure to so‑called HALO stocks—companies whose products and services hinge on human labor and in‑person experiences—offering investors a way to balance AI winners with businesses less vulnerable to automation.

May 23, 2026 | 172

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Markets

Berkshire’s New CEO Greg Abel Orchestrates Major Portfolio Shake-Up

Greg Abel’s first quarter as Berkshire Hathaway CEO brought one of the company’s largest portfolio revamps in years, exiting multiple positions and resetting strategy under new leadership.

May 23, 2026 | 180

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Markets

Asia-Pacific stocks slip as Iran tensions revive oil supply risk

Asia-Pacific markets retreated after a renewed geopolitical warning toward Iran rekindled oil supply concerns, pressuring risk assets and boosting energy volatility across the region.

May 23, 2026 | 191

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Markets

Asia stocks open higher as oil cools after U.S. strike delay on Iran

Equities across Asia-Pacific started Tuesday in positive territory, tracking softer oil prices after the U.S. postponed a planned military strike on Iran. Investors parsed the move’s implications for inflation, rates and sector positioning.

May 23, 2026 | 196

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Markets

Japan’s Q1 GDP Expands at 2.1% Annualized Pace, Topping Forecasts and Reframing Market Expectations

Japan’s economy grew at a 2.1% annualized rate in Q1, well above a 0.4% consensus and up from 0.3% in Q4, reshaping debate on policy, the yen and sector positioning.

May 23, 2026 | 208

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Markets

30-year Treasury yield tops 5.19%, highest since 2007, as inflation worries pressure global bonds

The 30-year Treasury yield climbed to 5.19%, its highest level since 2007, extending a global bond sell-off as investors reassessed inflation and interest-rate paths.

May 23, 2026 | 208

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Markets