Morning Bid: Inflation obscures all

The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also…

For most of the last decade, I looked at Amazon (AMZN -1.72%) and thought, “Amazing business, but too messy for me as a shareholder.” I saw razor-thin retail margins, huge capital spending, and a company that seemed to reinvent itself every other year. Now I find myself changing my mind, not because the stock has…

A Korea Exchange (KRX) employee monitors stock market data on computer screens in the Yeouido financial district of Seoul, South Korea, on May 11, 2026. Chris Jung | Nurphoto | Getty Images South Korean retail investors who piled into leveraged bets on the country’s AI champions are nursing steep losses after a sharp reversal, exposing…

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