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Armenian organized crime rings charged with stealing $83 million in Amazon cargo
A criminal network in Armenia reportedly impersonated delivery personnel to intercept valuable shipments intended for fulfillment centers, resulting in substantial financial losses...
Read Full Article →Elon Musk says Tesla, xAI expect to keep buying chips from Nvidia and AMD
Tesla and xAI plan to continue purchasing semiconductor components from major suppliers Nvidia and AMD, reflecting ongoing investment in advanced computing technology for their pro...
Read Full Article →Palo Alto beats on earnings and revenue. Here's why the cyber stock is dropping anyways
Despite exceeding expectations in both profit and sales, the company's shares declined due to investor reactions unrelated to its overall financial health or growth prospects.
Read Full Article →Jim Cramer explains how bonds shaped Tuesday's market action
Jim Cramer highlighted that changes in bond yields significantly influenced several stock performances during Tuesday's trading session, impacting overall market behavior and inves...
Read Full Article →Cybersecurity is in a pivotal moment with AI, says Palo Alto Networks CEO
The integration of artificial intelligence in cybersecurity presents significant opportunities and challenges that could greatly influence market dynamics and investment strategies...
Read Full Article →Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
The introduction of autonomous vehicles in Austin is expected to impact Tesla's revenue streams by potentially increasing market share and advancing their position in the emerging...
Read Full Article →What CEOs from auto, housing, travel and ad markets are saying about tariffs, consumer spending and...
Executives from major industries including automotive, housing, and advertising discussed the impacts of trade policies and consumer behavior on economic trends during a recent bus...
Read Full Article →Palo Alto Networks beats on earnings and revenue, misses on gross margin
Palo Alto Networks demonstrated strong revenue growth and profitability in the recent quarter, although its overall cost efficiency declined compared to market expectations.
Read Full Article →Healthy Returns: Novavax scores narrower Covid vaccine approval after delay
The FDA’s conditional approval of Novavax’s Covid-19 vaccine, despite limitations, may influence the company’s market performance and future revenue potential within the competitiv...
Read Full Article →Trump's IRS pick Billy Long says agency 'should not be politicized,' defends ties to dubious tax bre...
Billy Long, nominated to lead the IRS, emphasized the importance of impartial tax enforcement while addressing concerns about his connections to controversial tax incentives during...
Read Full Article →S&P 500's win streak may end — but, our newest stock gets a double-dose of good news
The recent positive developments for the newly added stock could influence market momentum, even as the broader index faces potential challenges to its ongoing series of gains.
Read Full Article →Google launches $250 per month 'VIP' AI subscription service
Google introduces a new high-priced monthly AI subscription plan aimed at generating increased revenue by offering advanced features beyond those available in existing premium serv...
Read Full Article →Elon Musk says he will spend 'a lot less' on future campaign donations
Elon Musk, known for his leadership in technology and cryptocurrency, indicated plans to reduce his monetary contributions to political campaigns, potentially affecting his influen...
Read Full Article →Tron founder Justin Sun says he's the top $TRUMP meme coin holder
Justin Sun’s acquisition of the leading position in the $TRUMP meme token highlights a strategic investment that may enhance his influence within certain political and cryptocurren...
Read Full Article →Trump warns House Republicans, 'Don’t f--- around with Medicaid'
House Republicans face potential financial challenges as disagreements over Medicaid, SALT deductions, and budget deficits may impact the timely passage of important tax legislatio...
Read Full Article →D-Wave Quantum shares soar 30% as company releases latest computing system
The introduction of D-Wave Quantum's new computing platform has positively impacted its stock value, reflecting investor confidence in the company’s technological advancements and...
Read Full Article →Look for these kinds of stocks in a current market — plus, how to play an earnings winner
Identifying specific stock types in today's market can offer strategic advantages, especially when combined with timely insights into companies reporting strong earnings performanc...
Read Full Article →Elon Musk commits to leading Tesla for next five years
Elon Musk’s decision to continue leading Tesla for the next five years may impact investor confidence, while the potential spin-off of Starlink as an independent company could infl...
Read Full Article →Trump allows New York offshore wind project after apparent gas pipeline compromise with state
The approval of the Empire Wind 1 project marks a notable investment in renewable energy infrastructure, potentially influencing regional energy costs and contributing to economic...
Read Full Article →Asset managers prepare for the SEC to break down a wall between mutual funds and ETFs
Several fund companies are seeking regulatory approval to merge mutual fund and ETF share classes, which could potentially streamline management and influence investment product of...
Read Full Article →Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line
The upcoming competition hosted by Fanatics, featuring fans and celebrities competing for a substantial prize, reflects the company’s strategic efforts to expand its influence in t...
Read Full Article →Truce or not, Chinese firms are looking for alternatives to the U.S.
Despite recent tariff reductions, many Chinese companies are actively seeking new markets and partners to reduce dependency on the United States, aiming to mitigate risks from ongo...
Read Full Article →Home Depot CFO says retailer doesn't plan to raise prices due to tariffs
Despite missing earnings expectations and delayed customer spending on major projects, Home Depot maintained its annual financial outlook and indicated it will absorb tariff costs...
Read Full Article →Here's JPMorgan's summer reading list for the wealthy for 2025
JPMorgan has curated a selection of books aimed at affluent readers for 2025, featuring insights on career development, philanthropy, and future technological advancements, which m...
Read Full Article →Shares in China's CATL jump over 18% in Hong Kong debut as battery maker rides EV boom
The company’s recent public offering raised approximately $4.6 billion, marking a significant capital influx that underscores investor confidence amid growing electric vehicle indu...
Read Full Article →Australia cuts policy rate to 2-year low as inflation concerns continue to recede
The reduction of Australia's interest rate to its lowest level in two years reflects easing inflation pressures and may influence borrowing costs and economic activity across the n...
Read Full Article →China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
The recent reduction in key interest rates by China’s central bank aims to lower borrowing costs, potentially stimulating investment and economic activity amid ongoing efforts to s...
Read Full Article →Chinese exporters are offering sweet deals to U.S. businesses. They often come wrapped in fraud
Many Chinese exporters provide attractive pricing to American companies, but these offers increasingly involve deceptive tactics as firms seek to avoid the impact of recent tariff...
Read Full Article →Jim Cramer tells investors to tame their market fears
Jim Cramer advised investors that reacting hastily to the recent credit rating reduction could lead to missed opportunities, emphasizing the importance of maintaining composure in...
Read Full Article →JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth...
JPMorgan's CEO warns that investors may be underestimating economic challenges from rising deficits and trade barriers, which could lead to a significant slowdown in corporate prof...
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