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	<title type="text">Groovy Trades</title>
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	<updated>2026-05-03T05:16:34Z</updated>

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	<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss-2/" />

		<id>https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss-2/</id>
		<updated>2026-05-03T05:16:34Z</updated>
		<published>2026-05-03T05:16:34Z</published>
		<category scheme="https://groovytrades.com" term="Top News" />
		<summary type="html"><![CDATA[Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The recall covers approximately 5.8 million [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss-2/"><![CDATA[<p id="anchor-331059" class="body-graf">Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face.</p>
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<p id="anchor-2c17a1" class="body-graf">The recall covers approximately 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food &amp; Beverage Bottles. According to a recall notice posted by the U.S. Consumer Product Safety Commission on April 30, consumers should stop using the affected products immediately.</p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-a549f1" class="body-graf">The affected models include Thermos Sportsman Food &amp; Beverage Bottles: all units, model SK3010; Food Jars and Food &amp; Beverage Bottles: all units, models SK3000 (16-ounce), SK3020 (24-ounce), and SK3010 (40-ounce); and Thermos Stainless King Food Jars manufactured before July 2023: models SK3000 and SK3020.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-5ab887" class="body-graf">The model number can be found at the bottom of the item.</p>
<p id="anchor-30d1cf" class="body-graf">The hazard stems from a design flaw in the stopper — the component that retains heat and prevents leakage. If perishable food or beverages are stored for an extended period, pressure can build up and cause the stopper to forcefully eject when the container is opened. Unlike safer designs, the stopper on the recalled models lacks a pressure-relief valve.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-f7251c" class="body-graf">Thermos said it has received 27 reports of consumers being struck by an ejected stopper, including injuries requiring medical attention. Three consumers reported suffering permanent vision loss after being struck in the eye.</p>
<p id="anchor-bb5578" class="body-graf">The recalled products were sold between March 2008 and July 2024 at Walmart, Target, and Amazon, as well as on Thermos.com. They were available in a variety of colors and bear the Thermos trademark on the side.</p>
<p id="anchor-169434" class="endmark body-graf">Owners of SK3000 and SK3020 Food Jars should dispose of the stopper and submit a photo of the disposal to Thermos. Owners of SK3010 bottles should return the product using a prepaid shipping label provided by the company. For details on returns and replacements, visit the Thermos recall page at Thermos.com.</p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears-2/" />

		<id>https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears-2/</id>
		<updated>2026-05-03T05:16:33Z</updated>
		<published>2026-05-03T05:16:33Z</published>
		<category scheme="https://groovytrades.com" term="Top News" />
		<summary type="html"><![CDATA[Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears-2/"><![CDATA[<p id="anchor-79414c" class="body-graf">Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch.</p>
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<p id="anchor-5d8624" class="body-graf">On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk of injury or death, as the detached zipper can present a choking hazard.</p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-77f70e" class="body-graf">The recall number is 034464. The recall number can be found on the product label located on the back of one of the bear’s legs.</p>
<p id="anchor-8f3df9" class="body-graf">The bear includes a stuffed heart that fits inside a pocket. The heart-shaped insert is filled with 2.5 pounds of ceramic beads and can be used as a heating pad or chilled for cooling comfort.</p>
<p id="anchor-6603bf" class="body-graf">“The product is graded 3 years+ and carries a cautionary statement advising adult supervision due to the heated/cooled element,” the release stated.</p>
<p id="anchor-7933f6" class="body-graf">The bear was sold between January 2026 and March 2026 for about $48.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-a2b92e" class="body-graf">Customers are advised to immediately stop using the Heartwarming Hugs Bear. Consumers who purchased the bear should return it to the nearest Build-A-Bear store or request a shipping label at www.buildabear.com/recalls. Once returned, Build-A-Bear will issue a refund to the original form of payment or provide a gift card.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-f47c77" class="body-graf">There have been no reported injuries, although one consumer in the United Kingdom reported the zipper detaching.</p>
<p id="anchor-fd95c2" class="endmark body-graf">For information on the recall visit Build-A-Bear online at www.buildabear.com/recalls according to the release.</p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss/" />

		<id>https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss/</id>
		<updated>2026-05-03T05:16:29Z</updated>
		<published>2026-05-03T05:16:29Z</published>
		<category scheme="https://groovytrades.com" term="Economy" />
		<summary type="html"><![CDATA[Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The recall covers approximately 5.8 million [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/03/thermos-recalls-8-2-million-bottles-after-stoppers-eject-causing-injury-and-reported-vision-loss/"><![CDATA[<p id="anchor-331059" class="body-graf">Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face.</p>
<p><button class="styles_subscriptionCTA__LOUeY" id="subscriptionCTA" type="button"></p>
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<p id="anchor-2c17a1" class="body-graf">The recall covers approximately 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food &amp; Beverage Bottles. According to a recall notice posted by the U.S. Consumer Product Safety Commission on April 30, consumers should stop using the affected products immediately.</p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-a549f1" class="body-graf">The affected models include Thermos Sportsman Food &amp; Beverage Bottles: all units, model SK3010; Food Jars and Food &amp; Beverage Bottles: all units, models SK3000 (16-ounce), SK3020 (24-ounce), and SK3010 (40-ounce); and Thermos Stainless King Food Jars manufactured before July 2023: models SK3000 and SK3020.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-5ab887" class="body-graf">The model number can be found at the bottom of the item.</p>
<p id="anchor-30d1cf" class="body-graf">The hazard stems from a design flaw in the stopper — the component that retains heat and prevents leakage. If perishable food or beverages are stored for an extended period, pressure can build up and cause the stopper to forcefully eject when the container is opened. Unlike safer designs, the stopper on the recalled models lacks a pressure-relief valve.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-f7251c" class="body-graf">Thermos said it has received 27 reports of consumers being struck by an ejected stopper, including injuries requiring medical attention. Three consumers reported suffering permanent vision loss after being struck in the eye.</p>
<p id="anchor-bb5578" class="body-graf">The recalled products were sold between March 2008 and July 2024 at Walmart, Target, and Amazon, as well as on Thermos.com. They were available in a variety of colors and bear the Thermos trademark on the side.</p>
<p id="anchor-169434" class="endmark body-graf">Owners of SK3000 and SK3020 Food Jars should dispose of the stopper and submit a photo of the disposal to Thermos. Owners of SK3010 bottles should return the product using a prepaid shipping label provided by the company. For details on returns and replacements, visit the Thermos recall page at Thermos.com.</p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears/" />

		<id>https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears/</id>
		<updated>2026-05-03T05:16:27Z</updated>
		<published>2026-05-03T05:16:27Z</published>
		<category scheme="https://groovytrades.com" term="Economy" />
		<summary type="html"><![CDATA[Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/03/build-a-bear-recalls-roughly-36000-heart-warming-hugs-bears/"><![CDATA[<p id="anchor-79414c" class="body-graf">Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch.</p>
<p><button class="styles_subscriptionCTA__LOUeY" id="subscriptionCTA" type="button"></p>
<div class="styles_textWrapper__vxvko">
<p class="styles_text__daaVB styles_textLarge__qlzwu">Subscribe to read this story ad-free    </p>
<p class="styles_text__daaVB">Get unlimited access to ad-free articles and exclusive content.</p>
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<p></button></p>
<p id="anchor-5d8624" class="body-graf">On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk of injury or death, as the detached zipper can present a choking hazard.</p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-77f70e" class="body-graf">The recall number is 034464. The recall number can be found on the product label located on the back of one of the bear’s legs.</p>
<p id="anchor-8f3df9" class="body-graf">The bear includes a stuffed heart that fits inside a pocket. The heart-shaped insert is filled with 2.5 pounds of ceramic beads and can be used as a heating pad or chilled for cooling comfort.</p>
<p id="anchor-6603bf" class="body-graf">“The product is graded 3 years+ and carries a cautionary statement advising adult supervision due to the heated/cooled element,” the release stated.</p>
<p id="anchor-7933f6" class="body-graf">The bear was sold between January 2026 and March 2026 for about $48.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-a2b92e" class="body-graf">Customers are advised to immediately stop using the Heartwarming Hugs Bear. Consumers who purchased the bear should return it to the nearest Build-A-Bear store or request a shipping label at www.buildabear.com/recalls. Once returned, Build-A-Bear will issue a refund to the original form of payment or provide a gift card.</p>
<div class="styles_recommendedIntersectionRef__vQEf5" data-activity-map="recommended-article-body-recommended" data-testid="recommended-wrapper"></div>
<p id="anchor-f47c77" class="body-graf">There have been no reported injuries, although one consumer in the United Kingdom reported the zipper detaching.</p>
<p id="anchor-fd95c2" class="endmark body-graf">For information on the recall visit Build-A-Bear online at www.buildabear.com/recalls according to the release.</p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Trump briefed on options for Iran as energy prices soar to 4-year high]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high-2/" />

		<id>https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high-2/</id>
		<updated>2026-05-02T05:47:07Z</updated>
		<published>2026-05-02T05:47:07Z</published>
		<category scheme="https://groovytrades.com" term="Top News" />
		<summary type="html"><![CDATA[President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Adm. Brad Cooper, the commander of U.S. [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high-2/"><![CDATA[<p id="anchor-1d9769" class="body-graf">President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning.</p>
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<p id="anchor-0b3486" class="body-graf">Adm. Brad Cooper, the commander of U.S. Central Command, will brief Trump and his senior national security team at the White House, the official said, and update them on the continued U.S. blockade of Iran&#8217;s ports.</p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-7a1719" class="body-graf">The update came after energy prices soared to their highest point in years with little sign of a deal to end the war.</p>
<p id="anchor-305558" class="body-graf">Iran&#8217;s new supreme leader vowed in a message earlier Thursday that the Islamic Republic would protect its &#8220;nuclear and missile capabilities&#8221; as national assets.</p>
<p id="anchor-29f714" class="body-graf">The defiant written statement, read on state television, was the latest signal that Tehran was not about to capitulate in the standoff wreaking havoc on the global economy.</p>
<p id="anchor-9a70cb" class="body-graf">The price of the international benchmark for oil, Brent crude, rose to more than $126 a barrel at one point overnight — the highest since 2022, when Russia launched its invasion of Ukraine — before falling back to around $114 a barrel early Thursday.</p>
<p id="anchor-f50daa" class="body-graf">Gas prices in the United States rose to an average of $4.30 a gallon Thursday, also the highest level in nearly four years.</p>
<p id="anchor-1c8159" class="body-graf">The spike came following an Axios report that the U.S. military was set to brief President Donald Trump<strong> </strong>on plans for potential military action to help break the deadlock in talks to end the war and reopen the key trade route. </p>
<p id="anchor-e8d18b" class="body-graf">One plan prepared by U.S. Central Command includes a wave of “short and powerful” strikes intended to force Iran back to the negotiating table, Axios reported.</p>
<p id="anchor-1cb6da" class="body-graf">A senior Revolutionary Guard commander vowed swift retaliation if the U.S. does renew its assault.</p>
<p id="anchor-11dd35" class="body-graf">&#8220;With prolonged and wide-ranging painful strikes, we will, by the grace of God, respond to the enemy’s operations even if they are rapid and short,&#8221; Seyed Majid Mousavi said on social media Thursday.</p>
<p id="anchor-89e276" class="body-graf">&#8220;We have seen the fate of your fragile bases in the region; we will also see your warships,&#8221; he said.</p>
<p id="anchor-939680" class="body-graf">It comes after Trump warned that Iran had &#8220;better get smart soon&#8221; as he weighed possible military options to reopen the strait, through which some 20% of the world&#8217;s oil passes. </p>
<p id="anchor-935961" class="body-graf">Traffic in the waterway has been at an effective standstill since Iran attacked shipping after the U.S. and Israel launched their joint military  assault in late February, rattling the global economy. </p>
<p id="anchor-dd9dd5" class="body-graf">Washington launched its own blockade of Iranian ports in response, and Trump told Axios on Wednesday that it would stay in place until Iran agreed to a nuclear deal. </p>
<p id="anchor-b80767" class="body-graf">That seemingly rules out a new Iranian proposal to end the war and reopen the strait without resolving the impasse over the Islamic Republic’s nuclear program. Trump said he saw the blockade as “somewhat more effective than the bombing.&#8221; </p>
<p id="anchor-12cefa" class="body-graf">Trump told reporters at the White House on Thursday that the blockade is working well. </p>
<p id="anchor-19812b" class="body-graf">&#8220;The power of the blockade is incredible. They’re not getting any money from oil, and hopefully it can be worked out very soon,&#8221; he said.</p>
<p id="anchor-bdc6be" class="body-graf">Trump added, &#8220;Iran is dying to make a deal.&#8221;</p>
<p id="anchor-106abc" class="body-graf">Trump and other top administration officials met with a group of energy industry executives earlier this week to discuss key issues, including Washington’s possible next steps in continuing the blockade “for months if needed,” a White House official told NBC News.</p>
<p id="anchor-50c9e7" class="body-graf">Members of Trump’s national security team presented him with multiple options this week for how to handle the bottleneck, a U.S. official and a person familiar with the meeting told NBC News. The options discussed included whether the U.S. military presence in the strait should change — either increase or decrease — and whether the military should become more aggressive in conducting operations there, the U.S. official said.</p>
<p id="anchor-18c64f" class="body-graf">The prospect of prolonged disruption in the strait has sent energy prices soaring despite the ceasefire. “Our world is facing a major economic and energy challenge,” International Energy Agency head Fatih Birol told a conference in Paris.</p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Big Tech earnings test record stock market rally as AI spending takes center stage]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage-2/" />

		<id>https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage-2/</id>
		<updated>2026-05-02T05:41:37Z</updated>
		<published>2026-05-02T05:41:37Z</published>
		<category scheme="https://groovytrades.com" term="Top News" />
		<summary type="html"><![CDATA[Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Instead, four leading tech companies reported quarterly results that beat Wall Street’s [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage-2/"><![CDATA[<p id="anchor-76b48d" class="body-graf">Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports.</p>
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<p id="anchor-9f302a" class="body-graf">Instead, four leading tech companies reported quarterly results that beat Wall Street’s official forecasts but nevertheless fell short of the sky-high expectations investors have set for companies leading the AI revolution. </p>
<div id="taboolaReadMoreBelow"></div>
<p id="anchor-808bfa" class="body-graf">Investors were most enthusiastic about the results of Google parent Alphabet, whose shares climbed as much as 6% in after-hours trading. The company reported earnings and revenue that beat analysts’ expectations and raised its estimate of how much it would spend on AI infrastructure. </p>
<p id="anchor-167e2d" class="body-graf">Earnings for Facebook parent Meta were greeted with less fervor. Its shares fell more than 5% after it said it expected revenue growth to stay flat in the second quarter. </p>
<p id="anchor-d2b277" class="body-graf">Amazon’s and Microsoft’s results and forecasts were more mixed. Investors ultimately sent both lower by about 3%. </p>
<p id="anchor-d2884d" class="body-graf">The major U.S. stock indexes are sitting near all-time highs despite war with Iran, rising oil prices and dismal consumer sentiment readings. </p>
<p id="anchor-87f2ed" class="body-graf">But overall business investment and consumer spending levels remain resilient — and companies on the S&amp;P 500, the index considered the best proxy for overall stock market performance, are reporting the highest average net profit margins in more than 15 years, according to the analytics group FactSet. </p>
<p id="anchor-63f05c" class="body-graf">That performance is being led by tech companies known as “The Magnificent 7” — Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia and Tesla, which dictate about one-third of the S&amp;P 500’s average performance. </p>
<p id="anchor-afbfcf" class="body-graf">Tech’s leadership has created a double-edged sword for the market writ large: When times are good in tech, the market tends to rise. When tech’s performance is rockier, the market can sink.  </p>
<p id="anchor-0a2a1c" class="body-graf">“Stocks are again trading at record highs, reflecting strong investor confidence, but the S&amp;P 500’s heavy concentration in the Mag 7 technology leaders elevates downside risk should earnings fall short, as valuations leave little margin for error,” Chris Brigati, chief investment officer at SWBC, a Texas-based financial group with more than $1 billion in assets under management, said in a note to clients this week. </p>
<p id="anchor-57893d" class="body-graf">Investors remain focused on the companies’ projections for future spending levels on the technology and infrastructure underlying their AI programs — and how they square with revenue, Brigati said.</p>
<p id="anchor-0c4449" class="body-graf">“Each company faces its own dynamics, but delivering tangible results from elevated [capital expenditures] remains the critical test,” he said.</p>
<p id="anchor-d27ee1" class="body-graf">Until the end of March, Mag 7 companies’ performance had been caught in the downdraft that hit the broader market as the war with Iran took hold. Many had already spent much of the second half of 2025 treading water as concerns about the timeline for earnings from AI investments, plus seemingly circular financing arrangements, took hold.    </p>
<p id="anchor-2f7e11" class="body-graf">But sometime in early April, investors began to realize that the most important names had been trading at discounts relative to projected earnings, according to Ed Yardeni, an economist and president of Yardeni Research, a widely respected market consultancy.  </p>
<p id="anchor-6741f6" class="body-graf">“I think the perception that there might be an exit ramp for Trump with the war with Iran and ceasefire got investors looking at markets again, and what they suddenly realized is the overall market, and specifically the Mag 7, were a lot cheaper,” Yardeni told NBC News. </p>
<p id="anchor-a05607" class="body-graf">In recent days, the market has lost some momentum amid signals that President Donald Trump is planning for a more prolonged conflict. A Wall Street Journal report that ChatGPT maker OpenAI may be on track to miss key revenue and user targets has also slowed tech’s recent momentum. OpenAI investments in — and from — other major tech companies have left it deeply intertwined in the AI boom, and some investors fear any weakness could ripple through parts of the AI ecosystem.</p>
<p id="anchor-df5f7c" class="body-graf">OpenAI called the Journal report “clickbait.”</p>
<p id="anchor-04c99f" class="body-graf">The actual severity of any shortcomings at OpenAI and how far any weaknesses could spread remain open questions, Yardeni said. For now, cautious investor optimism remains the prevailing sentiment and will most likely continue to power markets higher.</p>
<p id="anchor-249602" class="endmark body-graf">“Concerns about some of the uncertainties, like if these companies are spending too much or if they’ll ever get a proper rate of return, that seems to have gone by the wayside,” he said.</p>
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			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[MN governor race to replace Walz sees major shakeup as GOP contender ends campaign: ‘Don’t see a path’]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/mn-governor-race-to-replace-walz-sees-major-shakeup-as-gop-contender-ends-campaign-dont-see-a-path/" />

		<id>https://groovytrades.com/2026/05/02/mn-governor-race-to-replace-walz-sees-major-shakeup-as-gop-contender-ends-campaign-dont-see-a-path/</id>
		<updated>2026-05-02T05:35:58Z</updated>
		<published>2026-05-02T05:35:58Z</published>
		<category scheme="https://groovytrades.com" term="Politics" />
		<summary type="html"><![CDATA[FIRST ON FOX: Minnesota Republican lawmaker Kristin Robbins, chair of the House Fraud Prevention and State Agency Oversight Committee, announced on Friday she is ending her gubernatorial campaign to replace embattled Gov. Tim Walz. &#8220;It was not a tough decision to get into the race 10 months ago,&#8221; Robbins exclusively told Fox News Digital. &#8220;We [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/mn-governor-race-to-replace-walz-sees-major-shakeup-as-gop-contender-ends-campaign-dont-see-a-path/"><![CDATA[<div id="beyondwords-wrapper" class="beyondwords-wrapper"></div>
<p class="speakable"><strong>FIRST ON FOX: </strong>Minnesota Republican lawmaker Kristin Robbins, chair of the House Fraud Prevention and State Agency Oversight Committee<strong>,</strong> announced on Friday she is ending her gubernatorial campaign to replace embattled Gov. Tim Walz.</p>
<p class="speakable">&#8220;It was not a tough decision to get into the race 10 months ago,&#8221; Robbins exclusively told Fox News Digital. &#8220;We could not allow Tim Walz to have a third term in Minnesota. He&#8217;s destroyed our state, and we had to stop him, and so, I think I made a great case for that, and because of all my work on the fraud committee he got out nine months ahead of schedule, which is great.&#8221;</p>
<p>Robbins continued, &#8220;Once Senator Klobuchar became sort of the anointed candidate to replace him, I just think the establishment kind of circled the wagons and, you know, it became a challenging endeavor, and I&#8217;m a realist, and I am a numbers person, and when I look at the math, I don&#8217;t see a path for me to win.&#8221;</p>
<p>Weeks after Walz dropped his re-election bid in January amid a massive fraud scandal that unfolded during his watch, Sen. Amy Klobuchar <u>jumped into the race</u>, bringing her deep political backing and name recognition with her as the presumptive nominee for the Democrats.</p>
<p>MINNESOTA LAWMAKERS UNLOAD ON WALZ&#8217;S &#8216;LEGACY&#8217; AFTER HE TOUTS FRAUD RECORD IN FINAL ADDRESS: &#8216;RIDICULOUS&#8217;</p>
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<p>Robbins told Fox News Digital she determined it was better to &#8220;bow out&#8221; and find a &#8220;new way to contribute&#8221; due to love of her state and the realization that there are &#8220;many ways to serve.&#8221;</p>
<p>In terms of what’s next, Robbins says she hasn’t had the time to give that much thought but said she is focused on closing out the current legislative session and said &#8220;there&#8217;s a lot of big things going on in the front committee.&#8221;</p>
<p>&#8220;I know where the bodies are buried,&#8221; Robbins said about the fraud situation, pointing out that there is much more work to be done to get answers on how the billions of dollars in fraud was allowed to go unchecked for so long.</p>
<p>MN LAWMAKER TAKES ACTION TO GET ANSWERS ON OMAR&#8217;S ALLEGED FRAUD TIES AFTER SHE SKIPS KEY HEARING: &#8216;GHOSTED US&#8217;</p>
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<p>With Robbins exiting the race, the Republicans vying to win the gubernatorial primary include Minnesota House Speaker Lisa Demuth, healthcare executive Kendall Qualls, MyPillow CEO Mike Lindell and several other lesser known candidates.</p>
<p>Robbins told Fox News Digital she will &#8220;not be endorsing anyone.&#8221;</p>
<p>&#8220;That will be up to the voters to decide, and I wish all the other candidates well,&#8221; Robbins said.</p>
<p>Ultimately, Robbins says her &#8220;overwhelming thought&#8221; is &#8220;gratitude&#8221; when she looks back on her campaign.</p>
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<p><strong>&#8220;</strong>I am so grateful for the last ten months of going all over the state meeting Minnesotans from every walk of life and to have had the privilege to run for governor and meet all these amazing people and hear their stories, be inspired by what they want for Minnesota,&#8221; Robbins said. &#8220;I am just so grateful and so privileged.&#8221;</p>
<p>Robbins says that going forward, the &#8220;answers&#8221; are not going to come from the capitol in St. Paul, but rather &#8220;from the communities and from the people&#8221; and she &#8220;looks forward to plugging into that.&#8221;</p>
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			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/amazon-explores-the-apprentice-reboot-with-trump-jr-set-for-promotion-report/" />

		<id>https://groovytrades.com/2026/05/02/amazon-explores-the-apprentice-reboot-with-trump-jr-set-for-promotion-report/</id>
		<updated>2026-05-02T05:30:05Z</updated>
		<published>2026-05-02T05:30:05Z</published>
		<category scheme="https://groovytrades.com" term="Politics" />
		<summary type="html"><![CDATA[With President Donald Trump &#8220;hired&#8221; by the American people for a second term, Amazon — which now owns production rights to NBC’s &#8220;The Apprentice&#8221; — is looking for a new host to potentially reboot the once No. 1-rated television program, according to The Wall Street Journal. Trump leveraged decades of media coverage as a New [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/amazon-explores-the-apprentice-reboot-with-trump-jr-set-for-promotion-report/"><![CDATA[<div id="beyondwords-wrapper" class="beyondwords-wrapper"></div>
<p class="speakable">With President Donald Trump &#8220;hired&#8221; by the American people for a second term, Amazon — which now owns production rights to NBC’s &#8220;The Apprentice&#8221; — is looking for a new host to potentially reboot the once No. 1-rated television program, according to The Wall Street Journal.</p>
<p class="speakable">Trump leveraged decades of media coverage as a New York mogul amid the ups and downs of the 1980s and 1990s into a smash-hit program that premiered in 2004, following several wannabe business executives through a several-week &#8220;job interview&#8221; to work for the Trump Organization.</p>
<p>Fifteen seasons and a presidency-compelled hiatus later, Amazon is reportedly considering Trump Organization Executive Vice President Donald Trump Jr. for the role, as the eldest son has served as a frequent stand-in &#8220;boardroom adviser&#8221; for Trump executives Carolyn Kepcher and George Ross.</p>
<p>Trump addressed rumors of a reboot on Thursday, telling Fox News&#8217; Peter Doocy that his son is a &#8220;good guy&#8221; and would &#8220;probably be good&#8221; in the role.</p>
<p><strong>JIMMY KIMMEL JOKES TRUMP SHOULD LET HIM HOST WHITE HOUSE CORRESPONDENTS’ DINNER TO &#8216;THINK OF THE RATINGS&#8217;</strong></p>
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<p>&#8220;He’s got a little charisma going. You need a little charisma for that sucker. So, we’ll see what happens,&#8221; Trump said.</p>
<p>Several people familiar with the discussions told The Wall Street Journal that Amazon executives have internally discussed casting Trump Jr. as a host for an &#8220;Apprentice&#8221; reboot if they do indeed launch the project.</p>
<p>The Journal reported Amazon has not yet approached Trump Sr., Trump Jr. or any Trump family members, but that, instead of NBC, it would air the show on Amazon Prime.</p>
<p>A source close to Trump Jr. told Fox News Digital on Thursday that the Journal report was indeed the first time the 48-year-old father of five had heard his name was in the pot.</p>
<p>Fox News Digital also reached out to the Trump Organization for comment, as well as Amazon and Amazon’s production company.</p>
<p>An Amazon spokesperson told the Journal that the Jeff Bezos-led company previously acquired MGM, which itself bought a majority stake in reality-show impresario Mark Burnett’s company several years earlier.</p>
<p><strong>TRUMP’S KENNEDY CENTER HONORS OVERHAUL DELIVERS STAR-STUDDED LINEUP, NEW MEDALLION AND HISTORIC HOSTING ROLE</strong></p>
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<p>Burnett has launched several reality shows, including &#8220;The Apprentice&#8221; and CBS-aired contests &#8220;The Amazing Race&#8221; and &#8220;Survivor,&#8221; with the latter now in its 50th season. The credits for &#8220;The Apprentice&#8221; list Trump Sr. as executive producer.</p>
<p>A reboot would be Amazon&#8217;s second foray into Trumpworld in recent months, as it recently debuted a $40 million biopic of first lady Melania Trump that drew praise from supporters and mockery from critics like ABC’s Jimmy Kimmel.</p>
<p>&#8220;Melania&#8221; was directed by Brett Ratner of &#8220;Rush Hour&#8221; fame, as Trump reportedly pressed Paramount Pictures to revive the Jackie Chan-Chris Tucker series and put Ratner back at the helm, according to CNBC, which further reported the original New Line Cinema films are now subject to a distribution pact between Paramount and New Line parent Warner Bros.</p>
<p>Trump Sr. regularly touted his &#8220;Apprentice&#8221; success throughout his political tenure, once telling the National Prayer Breakfast that attendees should &#8220;pray&#8221; for former California Gov. Arnold Schwarzenegger after the &#8220;Terminator&#8221; took over the show and oversaw what the president called a ratings collapse.</p>
<p><strong>KIMMEL FIRES BACK AT TRUMP’S DEMAND TO TAKE HIM OFF THE AIR, SAYS &#8216;I&#8217;LL GO WHEN YOU GO&#8217;</strong></p>
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<p>Schwarzenegger, the most recent Republican to serve as governor in Sacramento, occasionally spars with Trump, as he is seen as less bombastic and more politically moderate than the president.</p>
<p>&#8220;Hey Donald, I have a great idea,&#8221; Schwarzenegger shot back at Trump in an X video at the time.</p>
<p>&#8220;Why don&#8217;t we switch jobs — you take over TV — since you&#8217;re such an expert in ratings, and I take over your job so that people can finally sleep comfortable again — hmm?&#8221; the Austria native, who voted for then-Ohio Gov. John Kasich in 2016, quipped.</p>
<p>Fox News Digital reached out to NBCUniversal for additional comment on the potential resurrection of their onetime series. Neither Amazon nor the Trump Organization responded by publication time.</p>
<p><i>Fox News Digital&#8217;s Janelle Ash contributed to this report.</i></p>
<p>  <!--&gt;--> </p>
<p></p>
]]></content>
		
			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Trump briefed on options for Iran as energy prices soar to 4-year high]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high/" />

		<id>https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high/</id>
		<updated>2026-05-02T05:21:59Z</updated>
		<published>2026-05-02T05:21:59Z</published>
		<category scheme="https://groovytrades.com" term="Economy" />
		<summary type="html"><![CDATA[President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Adm. Brad Cooper, the commander of U.S. [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/trump-briefed-on-options-for-iran-as-energy-prices-soar-to-4-year-high/"><![CDATA[<p id="anchor-1d9769" class="body-graf">President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning.</p>
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<p id="anchor-0b3486" class="body-graf">Adm. Brad Cooper, the commander of U.S. Central Command, will brief Trump and his senior national security team at the White House, the official said, and update them on the continued U.S. blockade of Iran&#8217;s ports.</p>
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<p id="anchor-7a1719" class="body-graf">The update came after energy prices soared to their highest point in years with little sign of a deal to end the war.</p>
<p id="anchor-305558" class="body-graf">Iran&#8217;s new supreme leader vowed in a message earlier Thursday that the Islamic Republic would protect its &#8220;nuclear and missile capabilities&#8221; as national assets.</p>
<p id="anchor-29f714" class="body-graf">The defiant written statement, read on state television, was the latest signal that Tehran was not about to capitulate in the standoff wreaking havoc on the global economy.</p>
<p id="anchor-9a70cb" class="body-graf">The price of the international benchmark for oil, Brent crude, rose to more than $126 a barrel at one point overnight — the highest since 2022, when Russia launched its invasion of Ukraine — before falling back to around $114 a barrel early Thursday.</p>
<p id="anchor-f50daa" class="body-graf">Gas prices in the United States rose to an average of $4.30 a gallon Thursday, also the highest level in nearly four years.</p>
<p id="anchor-1c8159" class="body-graf">The spike came following an Axios report that the U.S. military was set to brief President Donald Trump<strong> </strong>on plans for potential military action to help break the deadlock in talks to end the war and reopen the key trade route. </p>
<p id="anchor-e8d18b" class="body-graf">One plan prepared by U.S. Central Command includes a wave of “short and powerful” strikes intended to force Iran back to the negotiating table, Axios reported.</p>
<p id="anchor-1cb6da" class="body-graf">A senior Revolutionary Guard commander vowed swift retaliation if the U.S. does renew its assault.</p>
<p id="anchor-11dd35" class="body-graf">&#8220;With prolonged and wide-ranging painful strikes, we will, by the grace of God, respond to the enemy’s operations even if they are rapid and short,&#8221; Seyed Majid Mousavi said on social media Thursday.</p>
<p id="anchor-89e276" class="body-graf">&#8220;We have seen the fate of your fragile bases in the region; we will also see your warships,&#8221; he said.</p>
<p id="anchor-939680" class="body-graf">It comes after Trump warned that Iran had &#8220;better get smart soon&#8221; as he weighed possible military options to reopen the strait, through which some 20% of the world&#8217;s oil passes. </p>
<p id="anchor-935961" class="body-graf">Traffic in the waterway has been at an effective standstill since Iran attacked shipping after the U.S. and Israel launched their joint military  assault in late February, rattling the global economy. </p>
<p id="anchor-dd9dd5" class="body-graf">Washington launched its own blockade of Iranian ports in response, and Trump told Axios on Wednesday that it would stay in place until Iran agreed to a nuclear deal. </p>
<p id="anchor-b80767" class="body-graf">That seemingly rules out a new Iranian proposal to end the war and reopen the strait without resolving the impasse over the Islamic Republic’s nuclear program. Trump said he saw the blockade as “somewhat more effective than the bombing.&#8221; </p>
<p id="anchor-12cefa" class="body-graf">Trump told reporters at the White House on Thursday that the blockade is working well. </p>
<p id="anchor-19812b" class="body-graf">&#8220;The power of the blockade is incredible. They’re not getting any money from oil, and hopefully it can be worked out very soon,&#8221; he said.</p>
<p id="anchor-bdc6be" class="body-graf">Trump added, &#8220;Iran is dying to make a deal.&#8221;</p>
<p id="anchor-106abc" class="body-graf">Trump and other top administration officials met with a group of energy industry executives earlier this week to discuss key issues, including Washington’s possible next steps in continuing the blockade “for months if needed,” a White House official told NBC News.</p>
<p id="anchor-50c9e7" class="body-graf">Members of Trump’s national security team presented him with multiple options this week for how to handle the bottleneck, a U.S. official and a person familiar with the meeting told NBC News. The options discussed included whether the U.S. military presence in the strait should change — either increase or decrease — and whether the military should become more aggressive in conducting operations there, the U.S. official said.</p>
<p id="anchor-18c64f" class="body-graf">The prospect of prolonged disruption in the strait has sent energy prices soaring despite the ceasefire. “Our world is facing a major economic and energy challenge,” International Energy Agency head Fatih Birol told a conference in Paris.</p>
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			</entry>
		<entry>
		<author>
			<name>GroovyTrades</name>
							<uri>https://groovytrades.com</uri>
						</author>

		<title type="html"><![CDATA[Big Tech earnings test record stock market rally as AI spending takes center stage]]></title>
		<link rel="alternate" type="text/html" href="https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage/" />

		<id>https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage/</id>
		<updated>2026-05-02T05:16:52Z</updated>
		<published>2026-05-02T05:16:52Z</published>
		<category scheme="https://groovytrades.com" term="Economy" />
		<summary type="html"><![CDATA[Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Instead, four leading tech companies reported quarterly results that beat Wall Street’s [&#8230;]]]></summary>

					<content type="html" xml:base="https://groovytrades.com/2026/05/02/big-tech-earnings-test-record-stock-market-rally-as-ai-spending-takes-center-stage/"><![CDATA[<p id="anchor-76b48d" class="body-graf">Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports.</p>
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<p id="anchor-9f302a" class="body-graf">Instead, four leading tech companies reported quarterly results that beat Wall Street’s official forecasts but nevertheless fell short of the sky-high expectations investors have set for companies leading the AI revolution. </p>
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<p id="anchor-808bfa" class="body-graf">Investors were most enthusiastic about the results of Google parent Alphabet, whose shares climbed as much as 6% in after-hours trading. The company reported earnings and revenue that beat analysts’ expectations and raised its estimate of how much it would spend on AI infrastructure. </p>
<p id="anchor-167e2d" class="body-graf">Earnings for Facebook parent Meta were greeted with less fervor. Its shares fell more than 5% after it said it expected revenue growth to stay flat in the second quarter. </p>
<p id="anchor-d2b277" class="body-graf">Amazon’s and Microsoft’s results and forecasts were more mixed. Investors ultimately sent both lower by about 3%. </p>
<p id="anchor-d2884d" class="body-graf">The major U.S. stock indexes are sitting near all-time highs despite war with Iran, rising oil prices and dismal consumer sentiment readings. </p>
<p id="anchor-87f2ed" class="body-graf">But overall business investment and consumer spending levels remain resilient — and companies on the S&amp;P 500, the index considered the best proxy for overall stock market performance, are reporting the highest average net profit margins in more than 15 years, according to the analytics group FactSet. </p>
<p id="anchor-63f05c" class="body-graf">That performance is being led by tech companies known as “The Magnificent 7” — Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia and Tesla, which dictate about one-third of the S&amp;P 500’s average performance. </p>
<p id="anchor-afbfcf" class="body-graf">Tech’s leadership has created a double-edged sword for the market writ large: When times are good in tech, the market tends to rise. When tech’s performance is rockier, the market can sink.  </p>
<p id="anchor-0a2a1c" class="body-graf">“Stocks are again trading at record highs, reflecting strong investor confidence, but the S&amp;P 500’s heavy concentration in the Mag 7 technology leaders elevates downside risk should earnings fall short, as valuations leave little margin for error,” Chris Brigati, chief investment officer at SWBC, a Texas-based financial group with more than $1 billion in assets under management, said in a note to clients this week. </p>
<p id="anchor-57893d" class="body-graf">Investors remain focused on the companies’ projections for future spending levels on the technology and infrastructure underlying their AI programs — and how they square with revenue, Brigati said.</p>
<p id="anchor-0c4449" class="body-graf">“Each company faces its own dynamics, but delivering tangible results from elevated [capital expenditures] remains the critical test,” he said.</p>
<p id="anchor-d27ee1" class="body-graf">Until the end of March, Mag 7 companies’ performance had been caught in the downdraft that hit the broader market as the war with Iran took hold. Many had already spent much of the second half of 2025 treading water as concerns about the timeline for earnings from AI investments, plus seemingly circular financing arrangements, took hold.    </p>
<p id="anchor-2f7e11" class="body-graf">But sometime in early April, investors began to realize that the most important names had been trading at discounts relative to projected earnings, according to Ed Yardeni, an economist and president of Yardeni Research, a widely respected market consultancy.  </p>
<p id="anchor-6741f6" class="body-graf">“I think the perception that there might be an exit ramp for Trump with the war with Iran and ceasefire got investors looking at markets again, and what they suddenly realized is the overall market, and specifically the Mag 7, were a lot cheaper,” Yardeni told NBC News. </p>
<p id="anchor-a05607" class="body-graf">In recent days, the market has lost some momentum amid signals that President Donald Trump is planning for a more prolonged conflict. A Wall Street Journal report that ChatGPT maker OpenAI may be on track to miss key revenue and user targets has also slowed tech’s recent momentum. OpenAI investments in — and from — other major tech companies have left it deeply intertwined in the AI boom, and some investors fear any weakness could ripple through parts of the AI ecosystem.</p>
<p id="anchor-df5f7c" class="body-graf">OpenAI called the Journal report “clickbait.”</p>
<p id="anchor-04c99f" class="body-graf">The actual severity of any shortcomings at OpenAI and how far any weaknesses could spread remain open questions, Yardeni said. For now, cautious investor optimism remains the prevailing sentiment and will most likely continue to power markets higher.</p>
<p id="anchor-249602" class="endmark body-graf">“Concerns about some of the uncertainties, like if these companies are spending too much or if they’ll ever get a proper rate of return, that seems to have gone by the wayside,” he said.</p>
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