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FCC approves $8 billion Paramount-Skydance merger
The recent approval by the regulatory authority allows the two entertainment companies to combine assets, potentially enhancing their market presence and financial capabilities in...
Read Full Article →Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions
Tesla’s decision to sell most of its cryptocurrency during a market downturn resulted in a substantial financial loss, limiting its ability to benefit from the subsequent increase...
Read Full Article →Honeywell's post-earnings drop was disrespectful. Here's where we stand on the stock
Following the recent decline in Honeywell’s shares, investors may find potential value as the company plans to split into three separate entities, potentially unlocking shareholder...
Read Full Article →Microsoft's Satya Nadella says job cuts have been 'weighing heavily' on him
The reduction of more than 15,000 roles this year reflects a strategic shift at Microsoft, highlighting the company's adaptation to AI advancements and its potential impact on futu...
Read Full Article →Sydney Sweeney sparks latest meme stock rally as American Eagle jumps
Recent increased interest in companies like GoPro, Krispy Kreme, Opendoor Technologies, and Kohl's highlights the growing influence of online communities in driving short-term stoc...
Read Full Article →Nvidia addresses AI chip smuggling, says bootleg data centers are a 'losing proposition'
Nvidia’s decision to resume chip sales to China following regulatory progress reflects a strategic move to protect its market share and revenue amid challenges posed by unauthorize...
Read Full Article →Trump Commerce Sec. Lutnick says U.S. auto CEOs are 'cool with' higher tariffs than Japan
The leader of the American Automotive Policy Council indicated that U.S. car manufacturers may accept increased tariffs on imports, highlighting potential financial impacts linked...
Read Full Article →Jim Cramer says pullbacks in 2 stocks after earnings give new investors chances to buy
Recent declines in the share prices of two companies following their earnings reports may present potential entry points for investors looking to expand their portfolios.
Read Full Article →UnitedHealth says it is cooperating with DOJ investigations into Medicare billing practices
UnitedHealth has initiated cooperation with government authorities by responding to formal inquiries regarding Medicare billing, which could potentially impact the company’s financ...
Read Full Article →Investors seem comfortable with tariffs for now, but 'we're going to see volatility,' says chief inv...
Market analysts suggest that despite increased tariffs, investor confidence remains steady for the moment, though fluctuations in asset prices are anticipated due to evolving econo...
Read Full Article →American Airlines scales back 2025 profit outlook as third-quarter forecast falls short
American Airlines has revised its earnings projections downward for 2025 after reporting third-quarter results that did not meet analysts’ predictions, potentially impacting invest...
Read Full Article →Tesla shares drop 6% in premarket trading after auto sales plunge again
Tesla's recent decline in stock value reflects increased market challenges and intensified rivalry from affordable electric vehicle manufacturers, which may impact the company's ov...
Read Full Article →Turkey's central bank makes three-point cut to interest rates in return to easing
The central bank's recent decision to lower interest rates by three percentage points marks a notable shift toward more accommodative monetary policy after a period of tightening s...
Read Full Article →Nestle flags further potential price hikes as tariffs, commodities weigh on margins
Nestle indicated that rising costs related to tariffs and raw materials may lead to additional increases in the prices of its popular products, potentially impacting the company’s...
Read Full Article →Eli Manning invests in sports equipment maker XTech
Eli Manning's financial backing in XTech aims to support the company's expansion efforts within the competitive youth sports industry sector.
Read Full Article →With no guarantee of an EU-U.S. trade deal, Europe keeps its retaliation options open
The possibility of an agreement between the EU and the U.S. remains uncertain, prompting Europe to consider various economic measures to protect its financial interests in ongoing...
Read Full Article →Tensions simmer as Xi courts EU while Brussels demands trade rebalance
The ongoing EU-China summit highlights efforts to address trade imbalances, which could influence economic relations and market stability between the two major global economies.
Read Full Article →Deutsche Bank posts quarterly profit beat despite euro strength
Deutsche Bank reported better-than-expected quarterly earnings, highlighting how fluctuations in the euro's value relative to the U.S. dollar influenced its financial results durin...
Read Full Article →Estonia's tech elite are getting behind a European challenger to Robinhood
Several leading Estonian technology entrepreneurs, such as Markus Villig from Bolt, are contributing capital to support Lightyear, a European trading platform aiming to compete in...
Read Full Article →World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
The European Union’s dominant role in olive oil production highlights potential economic impacts on American buyers due to increased costs associated with tariffs imposed during th...
Read Full Article →Trump to visit Federal Reserve, escalating campaign against Chair Powell
An official visit by a former president to the central bank marks a rare event that could influence market perceptions and highlight tensions surrounding monetary policy decisions.
Read Full Article →Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
SK Hynix achieved significant financial growth in the second quarter, with substantial increases in both revenue and operating profit compared to the previous year, surpassing mark...
Read Full Article →South Korea avoids technical recession as GDP expands 0.6% in second quarter
South Korea's economy showed positive growth in the second quarter, surpassing forecasts and recovering from earlier decline, which helps maintain financial stability and investor...
Read Full Article →Jim Cramer describes positive and negative forces that are shaping market action
Jim Cramer highlighted various factors influencing current market trends, emphasizing both opportunities and risks that investors should consider when evaluating financial strategi...
Read Full Article →IBM shares drop as software revenue misses
Despite exceeding earnings and income forecasts and increasing its full-year free cash flow guidance, IBM experienced a decline in stock value due to lower-than-anticipated softwar...
Read Full Article →Southwest profit drops, but airline says travel demand has stabilized
Southwest Airlines reported lower-than-expected earnings and revenue for the second quarter, highlighting a decline in profits despite indications that consumer interest in travel...
Read Full Article →Chipotle stock tumbles 9% after chain cuts same-store sales forecast
The recent downward revision in Chipotle's sales expectations has contributed to a notable decline in its share price, resulting in a reduced market valuation for the company this...
Read Full Article →Republican senators join Dems on bill to exempt small businesses from Trump's Canada tariffs
The bipartisan support for the legislation aims to prevent increased costs for small businesses by removing additional duties linked to recent trade tensions with one of the countr...
Read Full Article →ServiceNow lifts guidance on AI growth
ServiceNow's updated outlook reflects increasing confidence in AI-driven transformation across industries, highlighting its potential to enhance operational efficiency and drive si...
Read Full Article →Student loan forgiveness paused for borrowers on IBR plan. Here's what to know
The temporary suspension of loan forgiveness for individuals using income-driven repayment plans may affect their long-term financial planning and monthly budgeting decisions.
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