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Why investors shouldn’t try to be a 'hero' in this economy, analyst says
In a potentially unstable economic environment, cautious investment strategies are important as upcoming weak data might increase market volatility and negatively impact financial...
Read Full Article →Tariff-driven price hikes may be hidden by products stuck in 'the middle mile'
The financial impact of increased tariffs has not fully materialized in consumer prices, as many goods remain delayed within intermediate transportation stages, temporarily conceal...
Read Full Article →Palantir's astronomical growth in 3 charts
Palantir has experienced substantial financial expansion, reflecting its increasing market value and investor interest, partly influenced by leadership from notable figures such as...
Read Full Article →Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits
Tapestry anticipates that increased import taxes amounting to $160 million annually will adversely affect its earnings forecast, leading to a substantial decline in the company’s s...
Read Full Article →John Deere forecasts $600 million in tariff impacts this year
John Deere anticipates substantial financial challenges this year due to increased import taxes, which are expected to significantly affect their overall profitability despite stro...
Read Full Article →What's behind the $8 billion hit to Saudi Arabia's massive wealth fund
Despite recent challenges resulting in substantial losses, Saudi Arabia's sovereign wealth fund experienced a notable increase in assets last year, reinforcing its position among t...
Read Full Article →Apple Watch getting redesigned blood oxygen feature following legal dispute
Apple is updating the blood oxygen functionality of its smartwatch after a legal ruling determined that certain sensor technologies infringed on another company's patented innovati...
Read Full Article →Economist Sumerlin confirms he's in the running for Fed chair, backs big interest rate cut
Economist Sumerlin, a potential candidate for Fed chair, emphasized on CNBC that implementing a substantial reduction in the central bank's benchmark interest rate is currently a s...
Read Full Article →Kodak faces financial struggles even as Gen Z sparks a film resurgence
Kodak's potential bankruptcy highlights ongoing monetary challenges despite increased demand driven by younger generations appreciating vintage photography and analog film products...
Read Full Article →School lunch prices are up — whether you pack it or buy it, reports find
The increased costs of groceries and imported goods have led to higher expenses for families preparing meals at home as well as those purchasing school lunches.
Read Full Article →Coffee and tea prices continue to ramp up due to tariffs, worrying retailers and importers
Rising costs for coffee and tea products, influenced by additional duties, have contributed to a notable increase in consumer prices, impacting profit margins for sellers and suppl...
Read Full Article →Brinker International CEO credits Chili's growth to marketing strategies
Brinker International's recent financial performance reflects the impact of targeted promotional efforts, which contributed to increased customer engagement and revenue growth duri...
Read Full Article →Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Perplexity AI's $34.5 billion proposal for the Chrome browser introduces uncertainty to ongoing discussions, potentially affecting Google's future revenue streams and market positi...
Read Full Article →Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco’s fourth-quarter revenue grew by 7.6% to $14.67 billion, reflecting robust demand for AI infrastructure, while the company maintained its revenue outlook for the upcoming fis...
Read Full Article →New York man charged with cyberstalking widow of slain UnitedHealthcare CEO Brian Thompson
The case involving a New York man accused of cyberstalking the widow of a prominent healthcare executive highlights potential financial risks and reputational damage for major insu...
Read Full Article →Shares of Bullish soar in NYSE debut after crypto exchange prices IPO above expected range
Bullish’s successful public offering, which generated approximately $1.1 billion, indicates strong investor demand and positions the company to enhance its market presence within t...
Read Full Article →CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration
CoreWeave experienced a notable decline in its stock value following the release of financial results that revealed higher losses than anticipated, occurring just before the end of...
Read Full Article →Small caps rally as Magnificent 7 stocks roll over in market rotation
Investors shifted their focus toward smaller companies, resulting in increased activity and gains for these stocks, while shares of major technology firms experienced a decline ami...
Read Full Article →As Trump berates Goldman, other economists agree that higher tariff inflation is coming
Several financial experts anticipate an increase in consumer prices linked to tariffs, highlighting potential impacts on markets and economic conditions despite some criticism dire...
Read Full Article →Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Walmart's extension of its grocery discount to a large portion of its workforce may help ease some cost pressures amid rising tariff-related inflation affecting consumer prices.
Read Full Article →Former Goldman Sachs, JPMorgan exec gambled away investor funds for his online casino company: feds
Richard Kim, previously involved with major financial firms, allegedly misused investor capital, including funds from Galaxy Digital where he had a longstanding investment role, im...
Read Full Article →Port of Los Angeles broke a century-old record as tariff threats triggered import surge
In July, import volumes at the Port of Los Angeles reached unprecedented levels due to accelerated shipments driven by anticipated tariff policies, significantly impacting trade ac...
Read Full Article →Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
Several prominent fast-casual dining brands, including Cava and Chipotle, are experiencing reduced customer spending, indicating a broader impact on their revenue growth within the...
Read Full Article →An unusual suspect is leading Wednesday's market while the AI trade takes a breather
A less-expected stock is influencing Wednesday’s market activity as investors temporarily shift focus away from technology-driven investments, impacting overall trading dynamics in...
Read Full Article →Tom Dundon to buy the Portland Trail Blazers from Paul Allen's estate
Tom Dundon's acquisition of the Portland Trail Blazers represents a substantial investment that expands his portfolio within professional sports, potentially impacting the financia...
Read Full Article →Crypto exchange Bullish prices IPO at $37 per share, above expected range, ahead of NYSE debut
Bullish’s decision to set its initial public offering price above projections highlights strong investor interest, resulting in a valuation exceeding $5 billion as it prepares to l...
Read Full Article →Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report
Market participants on Kalshi are adjusting their forecasts to reflect a higher likelihood of Jefferies’ David Zervos being appointed Federal Reserve Chair, indicating notable shif...
Read Full Article →Cava stock plummets after company lowers forecast on disappointing same-store sales growth
Cava's lowered revenue projections, driven by weaker-than-expected same-store sales, caused a significant decline in share value, while the company simultaneously invested in Hyphe...
Read Full Article →Weekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback
A recent decline in interest rates has led to a substantial rise in refinancing applications, including an increased preference for adjustable-rate mortgages that typically carry h...
Read Full Article →Zuckerberg shares AI 'personal superintelligence' vision after spending billions on top talent
Mark Zuckerberg’s letter provides investors with insight into Meta’s AI direction following substantial investments in expert talent, highlighting the company’s strategic focus ami...
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