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Mark Cuban is leaving Shark Tank — and making a $750 million return to sports
After selling his majority stake in the Dallas Mavericks, Mark Cuban is reentering the sports sector by launching a $750 million private equity fund focused on new investment oppor...
Read Full Article →Vietnam approves a $1.5 billion Trump golf resort project as tariff talks loom
Vietnam's authorization of a $1.5 billion development by the Trump Organization may influence economic dynamics amid ongoing trade negotiations with the United States involving tar...
Read Full Article →Verizon dumped DEI. Then regulators cleared its $20 billion Frontier deal
Shortly after Verizon discontinued its diversity initiatives, regulatory approval was granted for its $20 billion acquisition of Frontier Communications, marking a major financial...
Read Full Article →Consumer sentiment nears rock bottom over fears of higher prices
Widespread concern about rising costs and uncertain trade policies is contributing to a notable decline in consumer confidence, potentially impacting household spending and overall...
Read Full Article →3 stocks Warren Buffett's Berkshire Hathaway is selling — and 2 stocks it's buying
Berkshire Hathaway’s recent transactions, involving substantial equity purchases and sales, reflect strategic adjustments that could impact its portfolio value and influence broade...
Read Full Article →Meta wants a judge to dismiss the FTC's antitrust case against it
Meta’s request to end the FTC’s antitrust lawsuit could significantly affect the company’s legal expenses and market position by potentially avoiding prolonged litigation and assoc...
Read Full Article →Forget trade talks: Trump says the U.S. will just tell countries their tariff rates (again)
The decision to unilaterally set tariff rates without negotiations could impact international trade dynamics and market stability, potentially influencing economic relationships an...
Read Full Article →Novo Nordisk's CEO is out after the Ozempic maker's stock dropped 50% in a year
The departure of Novo Nordisk’s CEO follows a significant decline in the company’s share value, reflecting investor concerns amid challenges faced by its key diabetes and weight ma...
Read Full Article →Walmart helped keep America's prices low for decades. Now it's leading them higher
Walmart's extensive influence on supply chains and pricing strategies, particularly through sourcing from low-cost suppliers, has historically contributed to lowering consumer cost...
Read Full Article →Coinbase's claim of 100 million users under SEC scrutiny
The ongoing investigation by regulatory authorities into Coinbase’s reported user statistics may impact the company’s market valuation and investor confidence within the cryptocurr...
Read Full Article →UnitedHealth stock plunges after report of DOJ probe into Medicare fraud
Shares of UnitedHealth Group experienced a significant decline following news of a government inquiry into its Medicare billing, potentially impacting investor confidence and the c...
Read Full Article →7 countries Apple relies on to build the iPhone
Apple's global supply chain involves multiple countries that contribute essential components and assembly processes, highlighting the complex financial implications beyond simple p...
Read Full Article →Bombas looks to keep growing beyond 'Shark Tank' with a new CEO
Bombas aims to expand its market presence and increase revenue by appointing a new CEO, signaling a strategic effort to enhance its financial performance and long-term business gro...
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase is expected to result in substantial financial liabilities, potentially ranging up to hundreds of millions of dollars, which influenced a not...
Read Full Article →Tesla required leased cars be returned for robotaxi program — but resold them instead
Tesla’s decision to resell leased vehicles instead of using them in its robotaxi initiative may impact revenue recognition and raise concerns about the company’s transparency in fi...
Read Full Article →Nvidia-backed CoreWeave's big AI spending spooks investors — and the stock tanks 13%
CoreWeave’s increased investment in artificial intelligence infrastructure led to investor apprehension, resulting in a notable decline in the company’s stock price after its initi...
Read Full Article →Walmart warns price hikes are coming as earnings take a hit from tariffs
Walmart’s recent financial report highlights increased costs affecting profit margins, indicating that consumers may experience higher expenses as the company adjusts to ongoing tr...
Read Full Article →Jamie Dimon isn't ruling out a recession yet
Jamie Dimon’s cautious stance highlights potential economic challenges ahead, which could impact market stability and influence investment decisions within the financial sector.
Read Full Article →Jerome Powell warns of more frequent 'supply shocks' — and interest rates that stay higher for longe...
Jerome Powell indicated that persistent supply disruptions could contribute to sustained elevated interest rates, impacting borrowing costs and financial market conditions over an...
Read Full Article →Warren Buffett on finally retiring at 94: ‘How do you know the day you become old?’
Warren Buffett’s decision to retire at 94 reflects a shift in leadership that may impact Berkshire Hathaway’s strategic direction and influence investor confidence in the company’s...
Read Full Article →Trump wants Apple to stop building iPhones in India — just as production ramps up
The shift of iPhone manufacturing away from India could impact Apple's cost structure and supply chain efficiency during a period of increasing production in the region.
Read Full Article →The market's mirage: Investors might be misreading the trade truce
The recent rise in stock prices following the U.S.-China trade agreement could be driven by cautious optimism, though underlying uncertainties suggest that financial gains might no...
Read Full Article →Boeing gets its biggest 787 jet order ever from Qatar Airways, the White House says
Boeing has finalized a substantial agreement to supply a large number of 787 aircraft to Qatar Airways, marking a significant milestone in the company’s commercial aviation sales.
Read Full Article →HBO is back after the Max rebrand flopped — and Warner Bros. Discovery knows it seems absurd
Warner Bros. Discovery’s decision to restore the HBO brand to its streaming platform reflects a strategic move aimed at regaining subscriber trust and stabilizing revenue after the...
Read Full Article →Tariffs could send inflation back up, top Fed official says
The introduction of new trade barriers and the resulting unpredictability in commerce may increase consumer prices, potentially reversing the recent declines in inflation and compl...
Read Full Article →Tesla might give Elon Musk a new pay package
Tesla is considering a new compensation plan for its CEO, potentially involving equity incentives, as a way to provide financial rewards following the recent judicial rejection of...
Read Full Article →This isn't a stock market rally. It's a scramble
Despite recent gains in several key indices, overall market performance remains modest with major benchmarks showing minimal to negative returns since the beginning of the year.
Read Full Article →Airbnb will now let you rent chefs, personal trainers and more
Airbnb's introduction of personal services such as chefs and trainers aims to diversify its revenue streams and attract a broader customer base, potentially enhancing overall finan...
Read Full Article →A Saudi AI opportunity worth $1 trillion wins over Wall Street — and boosts Nvidia stock
Investors responded positively to Saudi Arabia’s emerging role in artificial intelligence, resulting in significant market gains for key technology companies like Nvidia and highli...
Read Full Article →The 10 best used cars for less than $20,000 right now
Many Americans are turning to affordable pre-owned vehicles under $20,000 due to rising new car costs and potential price increases resulting from tariffs affecting the automotive...
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