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Syria strongly condemned foreign intervention in the country following a rare Israeli strike near Damascus on Wednesday amid deadly sectarian violence.

Syria said the Israeli strike killed at least one security officer and injured several other people.

Earlier on Wednesday Israel’s military said it had carried out a strike on the outskirts of the Syrian capital saying it was targeting an “extremist group” that had attacked the Druze community, a religious minority in the country.

In a joint statement on Wednesday, Israel’s Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz said the operation in the town of Sahnaya, southwest of Damascus, was a “warning action” against an unidentified armed group “preparing to continue attacking the Druze population.”

Syria’s foreign ministry reacted saying it had an “unwavering commitment” to protecting all Syrian people, including the “honorable Druze community.”

According to Syria’s state news agency SANA, Syrian government forces launched a wide-scale operation in the area surrounding Sahnaya to arrest “outlawed gangs” after an unidentified armed group attacked a Syrian government checkpoint late Tuesday, wounding three officers.

Other groups simultaneously opened fire on civilian and security vehicles in nearby areas. Recent violence left at least 11 people dead and dozens injured.

Syria’s top Muslim cleric Osama al-Rifai has called on all Syrians to keep calm and not escalate the situation.

“Everyone must… stay away from calls for revenge and retaliation, and allow justice to take its course,” Rifai said regarding the “recent events,” in Sahnaya,in a statement on Wednesday as cited by SANA.

Since the fall of the Bashar Al Assad regime, Israel has positioned itself as the protector of Syria’s Druze, an Arab community that follows an offshoot of Islam and is predominantly present across Syria, Lebanon and Israel. Wary of a new regime led by former jihadists, a small minority of Druze have welcomed Israel’s overtures, but many others have publicly denounced them.

A sizeable number of Druze live within Israel’s internationally recognized borders, have Israeli citizenship and serve in its military. A large Syrian-Druze population is also present in the Israeli-occupied Golan Heights and most have rejected Israeli citizenship and do not traditionally serve in the Israeli military. Within Syria, many Druze live in the south of the country, parts of which Israel declared a buffer zone after Assad’s fall.

“On this Memorial Day for Israel’s fallen soldiers, as we honor the Druze community’s contribution to Israel’s security, we stress our commitment to protect their brethren in Syria,” the joint statement added.

Israeli officials also urged the Syrian government to prevent harm to the Druze community.

On Wednesday evening, the Israeli military said that three Syrian Druze citizens were evacuated into Israel for medical treatment after they were injured in Syria.

The United Nations Special Envoy for Syria, Geir Pedersen has expressed his deep concern “at unacceptable violence in Syria especially in suburbs of Damascus,” and ” alarmed at reports of Israeli attacks,” in a statement on Wednesday

” These attacks must stop,” Pedersen said and called for “full respect of Syria’s sovereignty.”

This post appeared first on cnn.com

China restated its case that Covid-19 may have originated in the United States in a white paper on its pandemic response released on Wednesday, after President Donald Trump’s administration blamed a lab leak in China.

The White House launched a Covid-19 website on April 18 in which it said the coronavirus came from a lab leak in China while criticizing former President Joe Biden, former top US health official Anthony Fauci and the World Health Organization (WHO).

In the white paper, released by the official Xinhua news agency, China accused the US of politicizing the matter of the origins of Covid-19. It cited a Missouri lawsuit which resulted in a $24 billion ruling against China for hoarding protective medical equipment and covering up the outbreak.

China shared relevant information with the WHO and the international community in a timely manner, the white paper said, emphasizing that a joint study by the WHO and China had concluded that a lab leak was “extremely unlikely.”

The US should not continue to “pretend to be deaf and dumb,” but should respond to the legitimate concerns of the international community, the white paper said.

“Substantial evidence suggested the Covid-19 might have emerged in the United States earlier than its officially-claimed timeline, and earlier than the outbreak in China,” it said.

The CIA said in January the pandemic was more likely to have emerged from a lab in China than from nature, after the agency had for years said it could not reach a conclusion on the matter. It said it had “low confidence” in its new assessment and noted that both lab origin and natural origin remain plausible.

An official at China’s National Health Commission said the next step in origin-tracing work should focus on the US, according to Xinhua, which cited a statement about the white paper.

This post appeared first on cnn.com

Kenya’s police have said the fatal shooting of a lawmaker by a gunman aboard a motorcycle in the capital Nairobi on Wednesday evening appeared to be targeted and premeditated.

Charles Were, a member of parliament representing Kasipul constituency in Kenya’s west, was shot dead at around 7:30 p.m. (11.30 a.m. ET) when his vehicle was stopped at a traffic light on Ngong Road, police said in a statement released late on Wednesday.

According to witnesses, the shooter was riding as a passenger on a motorcycle that stopped alongside the car, police said.

“The pillion passenger approached the vehicle and fired shots at the passenger side before jumping back onto the motorcycle and speeding away,” police said. “The nature of this crime appears to be both targeted and premeditated.”

Political assassinations are unusual in Kenya, a relatively stable country in a region that has experienced several civil conflicts in recent years.

Were was a member of the opposition ODM party led by veteran politician Raila Odinga, who lost to William Ruto in the last election in 2022.

“Were is no more; mercilessly and in cold blood, gunned down by an assassin in Nairobi this evening,” Odinga wrote on X.

Odinga rejected the 2022 election result, alleging irregularities, but Odinga and some of his allies have since struck agreements to work with Ruto to address Kenya’s economic and political challenges.

This post appeared first on cnn.com

The United States and Ukraine have signed an “economic partnership agreement” that will give Washington access to Kyiv’s rare earth minerals in exchange for establishing an investment fund in Ukraine.

The US and Ukraine have been trying to hammer out the natural resources agreement since US President Donald Trump returned to the White House in January.

The deal comes after weeks of intense negotiations that at times turned bitter and temporarily derailed Washington’s aid to Ukraine.

Speaking Wednesday in a call with NewsNation, Trump said he told Ukrainian President Volodymyr Zelensky during their weekend meeting on the sidelines of Pope Francis’ funeral that “it’s a very good thing” if he signed the deal because “Russia is much bigger and much stronger.”

Trump said he made the deal to “protect” Washington’s contribution to the Ukrainian war effort.

“We made a deal today where we get, you know, much more in theory, than the $350 billion but I wanted to be protected,” Trump told NewsNation. “I didn’t want to be out there and look foolish.”

The actual total contribution the US has made to Ukraine is closer to $123 billion since Russia invaded in February 2022.

The US Treasury Department on Wednesday announced that both countries signed the agreement. “As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war,” Treasury Secretary Scott Bessent said in a statement.

“This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term,” Bessent said. “And to be clear, no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.”

Ukraine’s Economy Minister Yulia Svyrydenko was in Washington to sign on behalf of the Ukrainian government

Among the terms of the agreement are “full ownership and control” staying with Ukraine, she posted to X on Wednesday.

“All resources on our territory and in territorial waters belong to Ukraine,” she said, adding: “It is the Ukrainian state that determines what and where to extract. Subsoil remains under Ukrainian ownership — this is clearly established in the Agreement.”

The signing comes hours after a last-minute disagreement over which documents to sign Wednesday threatened to derail the deal.

Ukraine’s President Volodymyr Zelensky was expected to strike the deal during his trip to Washington in February – but the agreement was left unsigned when that visit was cut short following the contentious Oval Office meeting.

Previous sticking points

Among the key sticking point of the negotiations was the question of security guarantees – and whether the US would provide them as part of the deal. Trump initially refused that, saying he wants Ukraine to sign the agreement first and talk about guarantees later.

At that time, Zelensky described the draft agreement as asking him to “sell” his country. Ukrainian officials have since indicated they believed that US investment and the presence of American companies in Ukraine will make the US more interested in Ukraine’s security.

Shortly after the doomed White House visit, Trump ordered US aid to Ukraine to be suspended. While the assistance has since been restored, the episode became a major wakeup call for Ukraine’s European allies, who have pledged to step up their help to the country.

Trump has largely billed the agreement as Ukraine “paying back” for the aid the US has provided to Ukraine since Russia launched its unprovoked full-scale invasion of the country in February 2022.

Speaking to Fox News Wednesday, Bessent said the deal is “a signal to the American people, that we have a chance to participate, get some of the funding and the weapons, compensation for those.”

The details of the agreement have not been made public. However, Ukraine’s Prime Minister Denys Shmyhal said on Sunday that the deal “will not include assistance provided before its signing.”

Speaking on Wednesday, Shmyhal described the deal as “a strategic agreement on the establishment of an investment partnership fund.”

“It is truly an equal and beneficial international agreement on joint investments in the development and recovery of Ukraine between the US and Ukrainian governments,” he added.

Under the deal, the US and Ukraine will create a joint investment fund in Ukraine with an equal contributions from both and equal distribution of management shares between them, Shmyhal said.

“The American side may also count new, I emphasize new, military aid to Ukraine as a contribution to this fund,” Shmyhal said.

Mineral riches

Kyiv’s allies have long eyed the country’s mineral riches. Ukraine has deposits of 22 of the 50 materials classed as critical by the US Geological Survey.

These include rare earth minerals and other materials that are critical to the production of electronics, clean energy technologies and some weapon systems.

The global production of rare earth minerals and other strategically important materials has long been dominated by China, leaving Western countries desperate for other alternative sources – including Ukraine.

A memorandum of understanding prepared under the Biden administration last year said the US would promote investment opportunities in Ukraine’s mining projects to American companies in exchange for Kyiv creating economic incentives and implementing good business and environmental practices.

Ukraine already has a similar agreement with the European Union, signed in 2021.

This story has been updated with developments.

This post appeared first on cnn.com

Grow your trading account using proven options strategies, right from your StockCharts ChartLists, with the help of this powerful educational webinar!

In this session, Tony Zhang, Chief Strategist of OptionsPlay, will show you how to:

  • Scan your ChartLists for top-performing trade setups
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Whether you’re a seasoned trader or just getting started with options, this session is packed with actionable insights to help you trade with purpose and precision.

This video premiered on April 29, 2025.

In this video, Julius analyzes current asset class rotation, revealing why stocks in the lagging quadrant may signal continued market weakness. By combining sector rotation trends—particularly strength in defensive sectors—with SPY seasonality, Julius builds a compelling case that downside risk in the S&P 500 may outweigh upside potential in the current environment.

This video was originally published on April 30, 2025. Click on the icon above to view on our dedicated page for Julius.

Past videos from Julius can be found here.

#StayAlert, -Julius

Thursday’s market rout, triggered by the grim arithmetic of a negative first-quarter GDP, hardly provides fertile ground for a ‘risk-on’ appetite. Yet some stocks continue to defy the mood, climbing despite the volatility and uncertainty weighing on investor sentiment.

One such stock is Palantir Technologies, Inc. (PLTR), which has consistently ranked in or near the Top 10 Large Cap stocks on the StockCharts Technical Rank  (SCTR) report since late 2024.

FIGURE 1. PLTR IN TOP POSITION. PLTR stock has been at or within the top 10 since late September 2024.

Palantir Technologies (PLTR) is a software company that helps governments and businesses analyze and act on big data. It blends human decision-making with AI, making it a go-to for national security, defense, and enterprise operations.

Why Palantir May Be Tariff-Proof

Unlike typical analytics tools, Palantir combines human insight with AI, so people stay in control while getting help from powerful machines. That balance has made it a trusted choice for just about everything from national security to big business.

So, how does Palantir fit into today’s tariff environment? Here are a few key points:

  • Tariff-Proof Tech. Since Palantir sells software, not physical goods, it’s mostly insulated from tariffs and global supply chain drama.
  • Stable Government Money. Over half of its revenue comes from government contracts, and most of it is from the U.S., offering a steady income stream even when markets get rocky.
  • Budget Watch. If the government tightens its belt, especially through efficiency initiatives (think DOGE), Palantir’s federal dollars could take a hit.

Looking ahead, analysts generally see strong growth for the company in governmental and commercial sectors.

PLTR Stock’s Weekly Chart: A Long-Term Perspective

Let’s take a long-term view of PLTR’s price action, starting with the weekly chart.

FIGURE 2. WEEKLY CHART OF PLTR STOCK. The stock is attempting to test its all-time high of $125.41.

This chart highlights PLTR’s dramatic climb from its 2022 slump to a parabolic uptrend, followed by a sharp pullback in 2025. The blue rectangles mark three early bullish signals—sustained SCTR readings above the 90 line. A well-timed buy setup based on those signals could have helped you catch the uptrend early.

Now, though, PLTR is trying to claw back the 99% gain it notched earlier in 2025. While analysts—and seemingly investors—remain bullish on PLTR’s long-term outlook, its stretched valuation and the broader market’s volatility make the risks impossible to ignore.

PLTR Stock’s Daily Chart: Rangebound or Poised for a Breakout?

Shifting over to a daily chart, after reaching $125 per share in February, PLTR plummeted due to defense budget cut fears, insider selling, and overvaluation concerns. But then in April, after hitting a low of $66.12, PLTR rallied strongly on easing trade tensions, new government deals, and renewed AI optimism.

FIGURE 3. DAILY CHART OF PLTR. Note the sharp decline in February and rally in April. What happened?

Year-to-date, PLTR stock’s intermediate-term trend remains unclear. On one hand, the wide range between its 2025 high and low suggests the stock may stay rangebound until a clear direction emerges. On the other hand, it’s hard to envision PLTR breaking above its recent high without a meaningful pullback first.

Momentum and volume indicators offer tempered, yet optimistic signals. The Relative Strength Index  (RSI) is approaching the 70 level, hinting at overbought conditions. Meanwhile, the Accumulation/Distribution Line (ADL) sits well above the current price, suggesting that sustained buying pressure could eventually push PLTR back toward all-time highs.

The Ichimoku Cloud, which helps visualize potential support and trend structure, points to a possible support zone around the $90 range. Lastly, the blue dotted line at $66 marks a key swing low—if PLTR closes below that level, it could spell trouble for the stock’s broader uptrend.

At the Close: Should You Buy Palantir Stock?

Well, everyone seems to be buying it, considering its 613.86 PE ratio, which, though indicating strong growth expectations, can also signal market euphoria—and that’s where caution comes in. If you’re planning to go long, it might be wise to wait for a pullback toward the support zone highlighted by the Ichimoku Cloud.

Also, keep an eye on its earnings date—May 5—which you can find in StockCharts’ Earnings Calendar. Political and geopolitical shifts are just as critical, having shaken markets throughout April and being likely to keep doing so.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.

In this video, Joe demonstrates how to use the 18-day and 40-day moving averages to identify trade entry points, assess trend direction, and measure momentum. He breaks down four key ways these MAs can guide your trading decisions—especially knowing when to be a buyer. Joe also analyzes commodities, noting recent weakness, and highlights key technical levels to watch on the SPY, QQQ, and IWM. The session wraps with detailed viewer stock chart requests.

The video premiered on April 30, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. 

Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes as drugmakers brace for Trump’s levies on pharmaceuticals imported into the country — his administration’s bid to boost domestic manufacturing.

“If I know that there will not be tariffs … then there are tremendous investments that can happen in this country, both in R&D and manufacturing,” Bourla said on the call, adding that the company is also hoping for “certainty.”

“In periods of uncertainty, everybody is controlling their cost as we are doing, and then is very frugal with their investment, as we are doing, so that we are prepared for remit. So that’s what I want to see,” Bourla said.

Bourla noted the tax environment, which had previously pushed manufacturing abroad, has “significantly changed now” with the establishment of a global minimum tax of around 15%. He said that shift hasn’t necessarily made the U.S. more attractive, saying “it’s not as good” to invest here without additional incentives or clarity around tariffs.

“Now [Trump] I’m sure — and I know because I talked to him — that he would like to see even a reduction in the current tax regime particularly for locally produced goods,” Bourla said, adding a further decrease would be would be a strong incentive for manufacturing in the U.S.

Unlike other companies grappling with evolving trade policy, Pfizer did not revise its full-year outlook on Tuesday. However, the company noted in its earnings release that the guidance “does not currently include any potential impact related to future tariffs and trade policy changes, which we are unable to predict at this time.”

But on the earnings call on Tuesday, Pfizer executives said the guidance does reflect $150 million in costs from Trump’s existing tariffs.

“Included in our guidance that we didn’t really speak about is there are some tariffs in place today,” Pfizer CFO Dave Denton said on the call.

“We are contemplating that within our guidance range and we continue to again trend to the top end of our guidance range even with those costs to be incurred this year,” he said.

This post appeared first on NBC NEWS

JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s president said Tuesday. One possibility: United Airlines.

JetBlue’s leaders have repeatedly said they need a partnership to better compete against larger airlines like Delta Air Lines and United.

JetBlue’s planned acquisition of Spirit Airlines was blocked by the Justice Department last year, while its partnership in the Northeast with American Airlines unraveled after the carriers lost an antitrust lawsuit in 2023.

The New York airline has been in talks with several carriers this year about a partnership. JetBlue’s president, Marty St. George, said on an earnings call on Tuesday that the company expects to make an announcement this quarter. He emphasized that the partner’s bigger network would allow customers to earn and burn loyalty points on JetBlue.

“If you are a customer in the Northeast and you love JetBlue for leisure, but twice a year you have to go to Omaha or Boise, these are places that you can’t earn TrueBlue points on now and when this partnership goes forward, you will be able to,” St. George said.

United Airlines could possibly get a foothold (again) into JetBlue’s home hub of John F. Kennedy International Airport in New York through the partnership. “We don’t engage in industry speculation,” a United Airlines spokeswoman said.

An Alaska Airlines spokeswoman said the carrier doesn’t have plans to partner with JetBlue and is focused on its recent merger with Hawaiian Airlines.

Southwest Airlines declined to comment. A Delta Air Lines spokesman said there was no pending announcement from the carrier about a partnership with another airline.

JetBlue declined to comment further.

American had been in talks to revive a different version of its partnership with JetBlue, but those failed and American said Monday that it sued JetBlue.

“Ultimately, we were unable to agree on a construct that preserved the benefits of the partnership we envisioned, made sense operationally or financially,” American Airlines Vice Chair Steve Johnson said in a letter to employees on Monday.

This post appeared first on NBC NEWS