Casino stocks take a hit because of inflation.  Is Wall Street correct or are they overreacting?  Starbucks leadership is having another shake up this year.  There will most likely be another one in the future with Howard Schultz.  A report from Yahoo news is talking about the success that Knightscope is having so far this year and the year isn't done yet.  Finally, China and Russia are expanding their trade between each other while India is buying cheap oil from Russia along with expanding who they will buy arms and weapons from.  

Some stocks had some after-hours movement after reporting numbers. Telsa is slowing their hiring and potentially laying people off.  Inflation is on fire and here is what is moving it.  Finally, Joe Biden says a recession is not inevitable while the professionals say that it will be a shallow recession.    

GM Investing 81 million for their electric car Cadillac Celestiq.  Home builders' sentiment drops to lowest level in two years.  Joe Biden to send 1 billion dollars of military aid to Ukraine for the war against Russia.  Oil drops 2% with Fed increases interest rates, Joe Biden is still complaining about oil companies and their record profits.  

Freeport is reporting that there will be delay's in restarting their facility following explosion.  Wholesale items increased by 10.8% in May.  Elon Musk says that Starship should start flying in July.  Finally, there are layoffs happening in both the Real Estate market and at Coinbase.  Will the layoffs continue in other companies soon?  

U.S. Lawmakers agree to curb China's investment.  U.S. bill to rein in Big Tech which is backed by dozens of small and large businesses.  SpaceX is being required by the FAA to make environmental changes in order to operate in Texas.  Finally, Morgan Stanley sees a 50/50 chance of a recession.   

Millennial's and Gen Zer's say they want to buy a home, but their biggest hurdle would be affordability.  Walmart is having issues with too much product in the United States for its stores, while in China their biggest problem is dealing with the Chinese government.  Apple is releasing homegrown chips which will present a challenge to Microsoft’s Windows business.  Finally, Joe Biden says that inflation will be here for a while, while people are betting that the FED will have to raise rates sharply due to high inflation.  

Gas hits 5 dollars a gallon across the United States and there is a chance that it could go higher.  Joe Biden is blaming Exxon Mobil for the high fuel cost.  Is Joe Biden right or is it his fault?  Could it be that Exxon has worked these last couple of years to get back to profitability, or are these oil companies being greedy at this time?

Hedge Funds struggle in May due to recession fears.  Intel is freezing job hires for at least two weeks.  Cramer believes that the market is worried that the increase in oil will cause a recession.  Finally, Mortage demand falls to its lowest in the last 22 years.  

Shares of BYD jump on news that they are set to supply batteries to Tesla.  Target announced that they are planning to sell all their accessive items in order to allow seasonal items to thrive.  Marko Kolanovic predicts stocks will reclaim 2022 highs even if gas hits $150 dollars a barrel.  Human rights advocates tell Congress bitcoin is essential in countries with ‘collapsing’ currencies.

Jim Cramer has recently said that people should consider buying oil stocks right now.  Kohl's is in talks with Franchise Group.  Franchise group wants to buy Kohl's for $60 dollars per share.  Congress is looking to start a new retirement saving for those who don't get retirement savings from their employers.  Finally, Knightscope Achieves U.S. Federal Government FedRAMP “In-Process” Rating.  Meaning Knightscope is getting close to selling their security robots to the US Federal Government.