Reported about 2 months ago
As the job market grows, LGBTQ+ job seekers often face challenges finding inclusive workplaces, with only a third feeling comfortable at work. LinkedIn expert Andrew McCaskill offers insights on how to navigate the job search and assess company cultures, emphasizing the importance of researching potential employers, asking informed questions during interviews, and understanding the benefits offered in offer letters.
Source: YAHOO
Reported about 2 months ago
Source: YAHOO
Reported about 2 months ago
Shares of MongoDB soared 17.7% this week following an impressive fiscal first-quarter earnings report that surpassed analyst expectations. The company reported a revenue increase of 22% to $549 million, driven by robust growth in MongoDB Atlas. Management highlighted the highest net customer additions in over six years, indicating a growing trust among AI developers in their platform. With increased full-year revenue guidance and a solid cash position, MongoDB appears poised to take advantage of the ongoing AI revolution, though analysts suggest investors should consider other stocks as better options.
Source: YAHOO
Reported about 2 months ago
Next year, many Americans using the Affordable Care Act will see their premiums rise due to the expiration of subsidies from the Biden administration, changes in the GOP tax bill affecting insurance practices, and a potential reduction in healthier enrollees. With the end of these financial aids, households may face substantial increases, particularly impacting freelancers and service workers. Additionally, as younger, healthier enrollees exit the market, insurance companies may raise premium rates to compensate for a sicker customer base.
Source: YAHOO
Reported about 2 months ago
Jennifer Hyman, CEO of Rent the Runway, recently highlighted the company's record-high active subscribers and customer loyalty in an interview. She discussed the successful corporate transformation efforts and strategies focused on expanding inventory and enhancing the customer experience. Despite economic challenges, the company is witnessing growth in its premium offerings and adapting to changes in consumer behavior, positioning itself as a leader in the rental fashion market.
Source: YAHOO
Reported about 2 months ago
DocuSign reported revenue and earnings growth that exceeded expectations, with a 8% increase in revenue and a 10% rise in adjusted earnings per share. However, its free cash flow decreased slightly, and the company's full-year billings forecast was lowered, raising concerns about future growth. While CEO Allan Thygesen emphasized a long-term transformation plan, investors are eager for clearer signs of sustained growth, leading to a significant drop in stock price in after-hours trading.
Source: YAHOO
Reported about 2 months ago
President Trump urged the Federal Reserve to implement a significant one-point rate cut, claiming the U.S. economy is thriving, but a strong jobs report revealed the labor market's resilience, diminishing the likelihood of any rate cuts in the near future. The Labor Department reported 139,000 new nonfarm jobs in May, surpassing expectations, and keeping the unemployment rate steady at 4.2%. Fed officials, now more concerned about inflation than employment, seem poised to maintain current rates, with investors predicting no cuts until at least September.
Source: YAHOO
Reported about 2 months ago
Michelle Bowman, the newly appointed vice chair of supervision at the Federal Reserve, aims to revisit and revise banking regulations established after the 2008 financial crisis to better manage risks and allow lenders to fail without destabilizing the economy. She emphasized that rather than eliminating risk, the focus should be on effective risk management, pointing out the need to adjust capital rules and stress testing processes for banks. Bowman advocates for tailored regulations for smaller banks and a comprehensive review of existing regulatory frameworks to alleviate burdens and enhance supervision.
Source: YAHOO
Reported about 2 months ago
Cracker Barrel (CBRL) reports a rise in Q3 earnings, raising its full-year adjusted EBITDA forecast despite anticipating a $5M tariff impact. CEO Julie Felss Masino highlights the company's adept handling of tariffs and stable consumer demand, suggesting that their value-driven offerings keep customers engaged, noting consistent sales and the popularity of menu items amidst shifting economic conditions.
Source: YAHOO
Reported about 2 months ago
Omada Health has gone public with an initial offering priced at $23 per share, achieving a market valuation of $1.1 billion. This makes it the second significant digital health IPO of 2025, following Hinge Health's successful debut last month. Omada, which specializes in clinical health guidance for chronic diseases, particularly weight management, began trading on the Nasdaq. Despite not being profitable in its 14 years of operation, Omada's user base has expanded through partnerships with major companies and pharmacy benefit managers.
Source: YAHOO
Reported about 2 months ago
Circle Internet's shares surged 41% to a record high of $117.45 after its impressive market debut on the New York Stock Exchange. This significant increase, more than triple its initial offer price of $31, boosts the company's valuation to $30.5 billion, signaling a potential rebound in the IPO market which had been affected by prior volatility.
Source: YAHOO
Reported about 2 months ago
Fortuna Mining (FSM) stands out as a promising momentum investment, currently holding a Zacks Momentum Style Score of B and a Zacks Rank of #2 (Buy). With a price increase of 36.53% over the past quarter and 39.89% over the last year, compared to modest gains in the S&P 500, FSM demonstrates significant upward momentum. Recent earnings estimate revisions also indicate positive trends, making it an attractive choice for investors looking to capitalize on potential short-term gains.
Source: YAHOO
Reported about 2 months ago
Shares of fashion brand Guess? saw gains following positive first-quarter earnings, while G-III Apparel Group faced a drop after missing revenue forecasts and providing disappointing guidance. Meanwhile, space companies Rocket Lab and Virgin Galactic experienced increases amid controversy over government contracts involving SpaceX, with discussions about tariffs affecting both sectors differently.
Source: YAHOO
Reported about 2 months ago
China has issued temporary export licenses for rare earths to suppliers of General Motors, Ford, and Stellantis as the country faces disruptions in its supply chain due to recent export restrictions. These licenses, valid for six months, come amidst growing concerns regarding potential production impact on the U.S. automotive industry, which relies heavily on these critical materials. This move follows similar approvals for suppliers in other sectors and highlights China's significant role in the global rare-earth market.
Source: YAHOO
Reported about 2 months ago
Docusign's stock plummeted 18% after the company reported first-quarter billings of $739.6 million, missing analyst expectations, and lowered its full-year billing outlook following a shift to an AI-driven platform. Despite better-than-expected earnings and revenue growth, the CEO acknowledged that the transition impacted billing sooner than anticipated, leading to a decline in early renewals.
Source: YAHOO
Reported about 2 months ago
Michelle Bowman, the newly confirmed Vice Chair for Supervision at the Federal Reserve, has announced an ambitious agenda to revise and ease banking regulations that she views as excessive. In her remarks, she emphasized the importance of making banks 'safe to fail' rather than entirely eliminating risk, and indicated upcoming projects to streamline oversight and reconsider the ratings applied to banks. Bowman also suggested looking at capital rules and potentially creating independent frameworks for smaller banks to alleviate pressure from regulations meant for larger institutions.
Source: YAHOO
Reported about 2 months ago
The May jobs report indicates a cooling labor market, with 139,000 jobs added and an unemployment rate of 4.2%. Despite concerns, economists believe the economy may avoid a recession, suggesting slowing growth rather than a halt. Experts, including Brian Jacobson and Omar Aguilar, discuss the Federal Reserve's potential actions, indicating a delay in rate cuts until at least September, as current labor trends do not strongly point to reduced inflation.
Source: YAHOO
Reported about 2 months ago
In a review of stock predictions by Jim Cramer, the article discusses Shopify Inc. (NASDAQ: SHOP) and Cramer's cautious stance on buying the stock after it dropped 20% due to disappointing earnings. Cramer appreciates Shopify but advises to wait for the next quarter to see if the company's issues are resolved. Despite initial setbacks, Shopify has seen a significant rise of over 76% in the past year, positioning it positively in Cramer's stock recommendations.
Source: YAHOO
Reported about 2 months ago
Following stronger-than-expected US job growth, traders are reducing bets on Federal Reserve interest rate cuts this year. Treasury yields increased, and market analysts suggest a slower labor market may still lead to fewer rate cuts than previously anticipated. The upcoming consumer price index data and ongoing economic uncertainties will further influence Fed policymakers' decisions.
Source: YAHOO
Reported about 2 months ago
President Trump has urged the Federal Reserve to implement a significant rate cut following a jobs report that showed unexpected strength in the labor market, which diminishes the likelihood of a June reduction. With 139,000 jobs added in May and the unemployment rate holding steady at 4.2%, analysts believe the Fed is unlikely to alter its current policy anytime soon. Despite Trump's insistence on a full percentage point cut, Fed officials are focused on inflation risks rather than employment.
Source: YAHOO
Reported about 2 months ago
This article examines Jim Cramer's favorable view of AppLovin Corporation (NASDAQ:APP) after the company posted strong quarterly results, leading to a significant stock increase of +381.87%. Despite his general skepticism towards enterprise software, Cramer praised AppLovin's performance, highlighting its potential for app developers. However, while AppLovin ranks first among stocks Cramer discusses, the article suggests that certain AI stocks may offer greater investment advantages.
Source: YAHOO
Reported about 2 months ago
President Donald Trump has urged the U.S. Federal Reserve to reduce interest rates by a full percentage point, criticizing Fed Chair Jerome Powell for being slow to lower borrowing costs. Trump noted that while Europe has made multiple rate cuts, the U.S. has not seen any changes. He believes that the Fed can always raise rates again if needed and expressed his discontent during his recent meeting with Powell.
Source: YAHOO
Reported about 2 months ago
Jim Cramer highlights NVIDIA Corporation's CEO Jensen Huang as a key player in the AI revolution, emphasizing the company's potential despite market turbulence. Cramer believes that NVIDIA can thrive through the AI rollout and its engagement with humanoid robots, while also addressing the firm's challenges with US government relations and sanctions on AI GPU sales to China. Overall, NVDA stands out as Cramer’s top stock recommendation, though he notes that some alternative AI investments might offer better returns.
Source: YAHOO