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Omada Health aims to go public with market cap of up to $1.1 billion
Omada Health’s updated IPO filing reveals intentions to raise as much as $158 million, reflecting its potential valuation of approximately $1.1 billion in the public markets.
Read Full Article →Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
An advisor to former President Trump expressed optimism that tariffs will remain in effect, despite a legal decision stating that the former president exceeded his powers in imposi...
Read Full Article →Four tools at the Trump administration’s disposal after a U.S. court blocks tariffs
Following a judicial ruling against certain import taxes, the Trump administration may utilize alternative strategies to mitigate economic impacts and pursue its broader fiscal obj...
Read Full Article →Op-ed: Don't buy Nvidia CEO Jensen Huang's China AI policy 'failure' story
Nvidia’s earnings report highlighted ongoing challenges related to U.S. trade restrictions with China, which could impact the company's revenue growth and market expansion in the g...
Read Full Article →Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer
Securing a major client is crucial for Intel’s new CEO to drive revenue growth and establish the company’s position in the competitive semiconductor market.
Read Full Article →Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy's revised forecast reflects increased expenses related to import tariffs, which are impacting overall profitability despite strong first-quarter performance.
Read Full Article →United Airlines plans to return to JFK — again — in new partnership with JetBlue
The collaboration between United Airlines and JetBlue is expected to enhance customer loyalty programs and potentially increase revenue by offering mutual frequent flyer benefits o...
Read Full Article →Nvidia results spark global chip rally
Nvidia's recent performance influenced investor confidence, leading to a widespread increase in semiconductor and AI-related stock values across international markets.
Read Full Article →China’s EV price war is heating up. What’s behind the big discounts?
The increasing competition among electric vehicle manufacturers in China is leading to substantial price reductions, impacting both the country's economic landscape and internation...
Read Full Article →German defense firm Renk looks to struggling auto sector for new talent as it scales up
German defense companies, including Renk, are increasingly seeking skilled professionals from the weakened automotive industry to support their expansion and meet growing demands i...
Read Full Article →Federal trade court strikes down Trump's reciprocal tariffs
The ruling on the legality of Trump's import tariffs under the International Emergency Economic Powers Act may influence future trade policies and affect market dynamics across var...
Read Full Article →Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead
The recent reduction in policy rates by the Bank of Korea reflects efforts to stimulate economic activity amid ongoing political challenges, signaling a potentially more accommodat...
Read Full Article →Nvidia beats on earnings and revenue as data center sales jump 73%
Nvidia's strong financial results were driven by a substantial increase in data center demand, contributing significantly to its overall revenue growth during the recent quarter.
Read Full Article →Salesforce turns in strong results and optimistic forecast
Salesforce reported higher-than-expected earnings and raised its future guidance, demonstrating resilience amid recent trade policy challenges affecting import costs.
Read Full Article →Xi wants to boost China's advanced manufacturing prowess — and Trump may not like it
China's increased focus on developing high-tech manufacturing capabilities could impact trade negotiations by potentially conflicting with key economic priorities emphasized by the...
Read Full Article →Why Salesforce's beat-and-raise quarter isn't quieting the stock's doubters
Despite exceeding expectations and raising guidance this quarter, Salesforce's financial performance still faces skepticism from some investors, although its long-term outlook rema...
Read Full Article →Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
Nvidia’s CEO emphasized that continuing chip shipments to China plays a crucial role in maintaining global market competitiveness and fostering long-term growth opportunities withi...
Read Full Article →Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market
The restrictions on chip technology have significantly impacted Nvidia's access to the Chinese market, potentially influencing the company's revenue and growth opportunities in a m...
Read Full Article →Tesla investors demand Musk work 40-hour week at EV maker as 'crisis' builds
Some Tesla shareholders, including pension funds, believe increased time commitment from CEO Elon Musk is crucial to address ongoing challenges and protect their investments in the...
Read Full Article →HP sinks 15% as company misses on earnings, guidance due to 'added cost' from tariffs
HP's stock declined sharply after the company reported earnings and future projections that fell below expectations, attributing part of the shortfall to increased expenses linked...
Read Full Article →Chip software stocks sink on report Trump ordered halt to China sales
Shares of semiconductor software companies declined following regulatory warnings and government directives restricting sales to Chinese firms, highlighting increased concerns over...
Read Full Article →Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta's AI assistant reaching one billion monthly users highlights the platform's extensive engagement, potentially increasing advertising revenue and strengthening the company's po...
Read Full Article →Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show
Officials expressed concern that potential increases in tariffs might intensify inflationary pressures, complicating decisions regarding monetary policy adjustments and impacting o...
Read Full Article →Healthy Returns: RFK Jr.’s Covid vaccine recommendation change could threaten health, access
The CDC’s revised guidance on Covid vaccinations for certain groups may impact healthcare demand, coinciding with Hinge Health’s entry into public markets, which could influence in...
Read Full Article →An Abbott competitor drops out — plus, a special circumstance for Nvidia earnings
The withdrawal of a key player in the medical sector and an unusual factor affecting Nvidia's quarterly report may influence market dynamics and investor strategies in the near ter...
Read Full Article →Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir's collaboration with Fannie Mae aims to enhance fraud detection in mortgage applications using artificial intelligence, potentially reducing financial losses while safegua...
Read Full Article →JD Vance tells bitcoin conference that stablecoins don't threaten the dollar
U.S. Vice President J.D. Vance emphasized at a major cryptocurrency event that digital assets designed for price stability are unlikely to disrupt the dominance of the U.S. dollar...
Read Full Article →Trump nuclear power orders could open small reactors in the U.S. by 2030, GE Vernova CEO says
The development of compact nuclear reactors is expected to contribute significantly to GE Vernova’s revenue streams beginning in the 2030s, according to CEO Scott Strazik.
Read Full Article →Joby Aviation shares pop 28% as electric air taxi maker closes $250 million Toyota investment
Joby's recent funding milestone, marked by a significant capital infusion from Toyota, is expected to enhance the company's financial position and accelerate development of its ele...
Read Full Article →Trump says he's not 'chickening out' on trade: 'It's called negotiation'
The market’s fluctuating response to announced and subsequently delayed tariffs illustrates the economic impact of unpredictable trade policies on investor confidence and global fi...
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