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- Investors are back on defense after President Donald Trump said yesterday that the U.S. struck and seized an Iranian-flagged cargo ship in the Gulf of Oman. -Kevin Warsh, Trump’s pick to be the next chair of the Federal Reserve, will head to Capito

2026-04-20

- Investors are back on defense after President Donald Trump said yesterday that the U.S. struck and seized an Iranian-flagged cargo ship in the Gulf of Oman. -Kevin Warsh, Trump’s pick to be the next chair of the Federal Reserve, will head to Capitol Hill tomorrow for his Senate confirmation hearing, where he will likely face questions about his ties to Silicon Valley. - Buzzy AI startup Cursor is in discussions for a $2 billion fundraising round, a source familiar with the matter said yesterday. The company would be valued at more than $50 million, excluding the investment. - Gaming was once Nvidia’s bread and butter, but games no longer feel prioritized as Nvidia focuses on its more profitable data center chips rather than its lower-margin gaming products. Its data center business now accounts for more than 90% of Nvidia’s revenue.

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2026-04-20

Bank of Montreal: Raised its price target for Goldman Sachs (GS.N) from $905 to $972. Raised its price target for Morgan Stanley (MS.N) from $190 to $220. Raised its price target for BlackRock (BLK.N) from $1200 to $1250.

Bank of Montreal: Raised its price target for Goldman Sachs (GS.N) from $905 to $972. Raised its price target for Morgan Stanley (MS.N) from $190 to $220. Raised its price target for BlackRock (BLK.N) from $1200 to $1250.
2026-04-20

French President Macron: French ships were not deliberately attacked in the Strait of Hormuz.

French President Macron: French ships were not deliberately attacked in the Strait of Hormuz.
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