TazaPulse

108242065 1765829353583 gettyimages 2251524445 US FEDERAL RESERVE

Traders now see next Fed interest rate move as a hike following inflation surge

TazaPulseMay 16, 2026

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago | Bloomberg | Getty Images Markets for the first time in the current cycle now think the Federal Reserve‘s next move will be an interest rate hike. Following a week of surprisingly high inflation readings,...

Rapido valued at $3 billion with fresh $240 million funding

TazaPulseMay 15, 2026

MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by Dutch technology investor Prosus at a valuation of $3 billion, higher than its last valuation of $2.3 billion it attained when Swiggy sold its stake in the startup in a secondary transaction in September...

SC’s Ayodhya verdict reveals ‘deeply majoritarian politics has penetrated legal validation’, says Jamiat report

TazaPulseMay 15, 2026

SC’s Ayodhya verdict reveals ‘deeply majoritarian politics has penetrated legal validation”, says Jamiat report (Image credit: ANI) NEW DELHI: Noting that the Madhya Pradesh High Court order declaring the disputed Bhojshala complex in Dhar district a temple only validates the fears and concerns that they have raised all along since the 2019 Ayodhya verdict, the...

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‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record

TazaPulseMay 15, 2026

The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing...

108298551 1777400890013 gettyimages 2272950563 MICROSOFT EARNS

Bill Ackman gets into Microsoft for reasons similar to Cramer’s arguments to hold it

TazaPulseMay 15, 2026

Jim Cramer is warning investors not to sleep on Microsoft ‘s ability to stay competitive. Most of the analyst community agrees — and so does at least one billionaire hedge fund manager. “The main reason we don’t want to sell [Microsoft] is because they actually have the balance sheet to do what they want,” Jim...

108305515 1778585999216 gettyimages 2275183836 TRUMP ROSE GARDEN

Trump was big on tech stocks in early 2026, filings show

TazaPulseMay 15, 2026

US President Donald Trump speaks during a law enforcement leaders dinner, celebrating the start of National Police Week, in the Rose Garden at The White House in Washington D.C., on Monday, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars...

PM Modi’s UAE visit: How India will benefit from agreements on strategic petroleum reserves, LPG

TazaPulseMay 15, 2026

What do the new agreements between UAE and India entail? How will India’s energy security plans get a boost? (AI image) India’s energy security received a major boost on Friday when two important Memorandum of Understanding (MOUs) were signed during PM Narendra Modi’s visit to the UAE on Friday. India imports close to 90% of...

PM Modi dismisses report of restriction on foreign travels via tax

TazaPulseMay 15, 2026

NEW DELHI: Prime Minister Narendra Modi on Friday strongly rejected reports claiming that the Centre was considering imposing a cess, tax or surcharge on foreign travel to offset the fiscal impact of the ongoing conflict-linked economic pressures.Responding to the report in a post on X, PM Modi said, “This is totally false. Not an iota...

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NFL letter wants certain betting contracts banned

TazaPulseMay 15, 2026

The National Football League outlined to the Commodities and Futures Trading Commission its views on how sports-related prediction markets should be regulated as the industry continues to experience massive growth, according to a letter reviewed by CNBC. Recommendations include banning certain event contracts and raising the age requirement for participation. Senior vice president for government...

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Jim Cramer says it’s time to trim this volatile AI chipmaker

TazaPulseMay 15, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The three major indexes fell Friday, weighed down by weakness in technology stocks and higher Treasury yields. Semiconductor and AI-related names pulled back after a powerful rally, while investors...