Finance News – U.S.
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Bumble jumps 26% as dating company plans to axe 30% of workforce
The company’s shares rose sharply following plans to reduce its employee base by nearly one-third, reflecting investor optimism about cost-cutting measures and future profitability...
Read Full Article →Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot...
Republic, a New York startup, intends to enable investors to gain financial exposure to private companies like SpaceX through digital tokens that simulate traditional equity tradin...
Read Full Article →Mortgage rates and demand are stuck in a holding pattern
Ongoing economic instability and global tensions have resulted in limited fluctuations in bond markets, causing mortgage rates and housing demand to remain relatively unchanged in...
Read Full Article →Women's Tennis Association extends media rights deal with Tennis Channel through 2032
The renewal of the U.S. broadcasting agreement between the Women's Tennis Association and the Tennis Channel involves a substantial financial commitment, highlighting increased inv...
Read Full Article →Tesla's European car sales nosedive for fifth month as customers switch to Chinese EVs
Tesla's declining vehicle sales in Europe reflect increased competition from Chinese electric car manufacturers, contributing to challenges in maintaining market share amid shiftin...
Read Full Article →Here’s how AI will help investors, according to Robinhood’s CEO
According to Robinhood’s CEO, advancements in AI are expected to transform investment strategies and enhance the operations of financial companies, potentially influencing market d...
Read Full Article →The next great WFH trend will be ‘War from Home,’ says this strategist
The emerging concept of remote conflict is expected to drive increased funding across various defense industries, expanding opportunities beyond traditional major corporations invo...
Read Full Article →After key conference, here’s how the race to a $150 billion weight-loss drug market is shaping up
Pharmaceutical firms are adjusting their strategies to compete in a rapidly growing weight-loss drug industry projected to reach substantial revenue, reflecting shifting opportunit...
Read Full Article →Cows on the roof? How to build a real-estate empire, Barbara Corcoran style.
Barbara Corcoran’s unconventional promotional tactics helped increase property visibility and attract investment, playing a crucial role in expanding her real estate portfolio and...
Read Full Article →ESPN renews media deal with professional lacrosse, takes an equity stake in the league
ESPN’s renewed partnership with the Premier Lacrosse League, including acquiring partial ownership, enhances the network’s investment and potential revenue streams within the profe...
Read Full Article →Big investors are turning their focus back to U.S. after a run of European outperformance
Following a phase where European markets led gains, major financial backers are reallocating resources and interest toward American equities, highlighting a shift in investment pri...
Read Full Article →China's Li urges not to turn trade into a political or security issue
Chinese Premier Li Qiang emphasized the importance of maintaining stable economic relationships to ensure uninterrupted global commerce, highlighting potential risks to markets if...
Read Full Article →Two ETFs that have beaten value stock indexes with this simple approach
These investment funds have outperformed traditional value stock benchmarks by avoiding conventional price-based valuation measures, offering an alternative method that may influen...
Read Full Article →Strait of Hormuz GPS jamming remains major security issue, tanker CEO says
Disruptions to navigation systems in a key shipping route continue to pose significant risks for maritime trade, potentially affecting insurance costs and operational expenses for...
Read Full Article →Jim Cramer says AI stocks are climbing as DeepSeek threat recedes on Wall Street
Investor confidence in artificial intelligence companies has increased as concerns about competition from new entrants like DeepSeek have diminished, potentially impacting market v...
Read Full Article →FedEx hopes to save $1 billion this fiscal year. But its profit forecast is still sinking shares, as...
FedEx aims to reduce costs by a significant margin this year, yet its lowered earnings outlook and the impact of tariffs on shipments have contributed to a decline in its stock val...
Read Full Article →CEO says AeroVironment has 'many pieces of the puzzle' for 'Golden Dome' defense system
AeroVironment’s expertise and technology position the company to potentially contribute to a significant defense contract that could enhance its revenue and market presence in miss...
Read Full Article →FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx reported stronger-than-expected profits and plans to reduce expenses by an additional $1 billion in the coming year, following the completion of its previous $4 billion cost...
Read Full Article →Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill
Following the commencement of a ceasefire between Israel and Iran and the introduction of significant cryptocurrency legislation by the Senate, bitcoin's market value increased alo...
Read Full Article →Sam Altman calls Iyo lawsuit 'silly' after OpenAI scrubs Jony Ive deal from website
The lawsuit filed by Iyo could have financial implications for OpenAI by potentially affecting branding agreements and causing costs related to legal defense and settlement negotia...
Read Full Article →S&P 500 nears record as stocks soar, oil sinks and investors throw caution to the wind
The rise in stock prices alongside lower oil costs indicates increased investor confidence, potentially impacting portfolio values and market dynamics in the near term.
Read Full Article →Coinbase’s stock sees a ‘golden cross.’ Why it may not be a bullish signal to buy.
The recent technical pattern in Coinbase’s stock suggests potential upward momentum, yet market participants should carefully evaluate other factors before making investment decisi...
Read Full Article →Why the small chance of a Fed interest-rate hike could burn investors, says rates analyst
According to a Columbia Threadneedle analyst, the potential for unexpected Federal Reserve rate adjustments in the near future may create financial challenges and uncertainties for...
Read Full Article →Trump to Congress: 'NO ONE GOES ON VACATION' until spending bill passes
The delay in passing the spending bill continues to impact government funding decisions, highlighting challenges in reaching an agreement before the Republicans' July 4 deadline.
Read Full Article →Carnival shares pop on earnings beat and raised full-year outlook
Carnival’s stock increased following better-than-anticipated quarterly earnings and an improved forecast for the remainder of the fiscal year, reflecting positive investor response...
Read Full Article →California ports see new wave of freight containers as ships try to beat China tariff hike
The increased influx of cargo at California’s major ports reflects efforts by importers to avoid higher duties, potentially impacting trade volumes and revenue flows ahead of tarif...
Read Full Article →Abbott jumps on RFK Jr. health push — plus, reviews of Eli Lilly's obesity drug data
Abbott’s recent involvement in supporting RFK Jr.’s health initiatives, along with the evaluation of Eli Lilly’s obesity medication findings, may influence market trends and invest...
Read Full Article →Ambarella shares soar 19% on report chip designer is exploring sale
The company experienced a notable increase in stock value after news emerged that it might consider options to monetize its position in the semiconductor and AI software market.
Read Full Article →Home price hikes are slowing more than expected
The easing of home price increases reflects shifts in mortgage costs, inventory levels, and buyer interest, which may influence overall market stability and future investment decis...
Read Full Article →Why Apple potentially acquiring Perplexity could be big news for its stock
Apple’s possible purchase of Perplexity may improve investor confidence by addressing concerns about the company’s position in artificial intelligence and potentially enhancing its...
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