Reported 2 months ago
The Institute of International Finance warns that skyrocketing U.S. debt could have far-reaching consequences beyond America, potentially triggering instability across global markets. Recent spikes in Treasury yields, coupled with weak demand from international investors, have raised concerns about the sustainability of U.S. borrowing. The interconnectedness of global economies means heightened volatility in U.S. Treasury markets could lead to significant spillover effects, especially affecting emerging markets as they struggle for capital.
Source: YAHOO
Reported 2 months ago
Goldman Sachs has increased the price target for First Solar, Inc. (NASDAQ:FSLR) from $204 to $255, maintaining a ‘Buy’ rating. Analyst Brian Lee attributes this adjustment to potential growth fueled by favorable trade policies and tariff relief, alongside a projected increase in earnings per share. Despite risks such as module oversupply and costs, First Solar's stock has surged nearly 20% following positive legislative developments. The company's earnings are anticipated to significantly benefit from tax credits extending through 2028.
Source: YAHOO
Reported 2 months ago
Home Depot (HD) is taking a unique approach to tariffs by maintaining stable prices on goods impacted by tariffs, unlike competitors such as Walmart, which are raising prices. The company's strategy is supported by a diversified supply chain that sources over 50% of its products domestically. Despite challenges in the housing market, including high interest rates slowing renovation projects, Home Depot remains optimistic about a potential rebound by 2026. The company reaffirmed its 2025 earnings outlook, indicating confidence in its resilience and strategic positioning, particularly in the professional market segment.
Source: YAHOO
Reported 2 months ago
The White House announced plans to nominate a new NASA administrator just days before billionaire Jared Isaacman, the current nominee, was set for a Senate confirmation vote. White House spokesperson Liz Huston stated that the next leader must align with President Trump's America First agenda. Isaacman, who has faced scrutiny over his ties to SpaceX and had previously criticized cuts to NASA’s budget, was met with mixed support but has not commented on his dropped nomination.
Source: YAHOO
Reported 2 months ago
President Trump is referencing former President Nixon's successful tariff case from the 1970s to defend his own tariffs in court. Nixon's unilateral imposition of a 10% import duty faced legal challenges, similar to Trump's current tariffs, which have recently been contested in the US Court of International Trade. While Nixon initially lost, his tariffs were upheld on appeal, a precedent Trump hopes will support his case as his administration argues for a broad interpretation of the laws underpinning his tariffs.
Source: YAHOO
Reported 2 months ago
As global trade is impacted by tariffs and shipping delays, concerns are rising about potential shortages reminiscent of the pandemic. While some consumers are stockpiling essentials in anticipation of price hikes, experts advise caution. They highlight the unpredictability of stock shortages, urging against panic buying which could lead to poor financial decisions and unnecessary strain on household budgets.
Source: YAHOO
Reported 2 months ago
Unity Software's stock surged 25.7% this week, largely due to an upgrade from Jeffries, which changed its rating from hold to buy and raised its price target from $22 to $29. The boost comes amid a strong broader market performance and optimism surrounding Unity's AI-driven Vector advertising platform, which could spark significant sales growth in the future. Despite potential ongoing sales challenges during the transition, the heightened interest in Unity suggests promising prospects for risk-tolerant investors.
Source: YAHOO
Reported 2 months ago
A growing number of Americans find themselves living paycheck to paycheck, facing not only low wages but also escalating living costs and financial emergencies, which disrupt their attempts to save. Factors such as the credit system, spending habits influenced by childhood poverty, and a lack of financial education contribute to this complex issue. As many express frustration over being thrust into adult financial responsibilities without proper guidance, some argue that systemic changes are needed to alleviate the burden.
Source: YAHOO
Reported 2 months ago
President Trump’s decision to double tariffs on foreign steel and aluminum to 50% may lead to higher grocery prices, contradicting his pledge to reduce food costs. As these metals are widely used in packaging, experts warn that rising costs could affect various consumer products, from canned goods to fresh produce. Companies like Campbell and ConAgra are already facing pressure to raise prices due to increased tariffs, emphasizing the broader economic impact of these tariffs on American families and highlighting a potential adverse effect on local food producers.
Source: YAHOO
Reported 2 months ago
Nebius Group (NBIS) has shown remarkable growth, with a reported 385% year-over-year revenue increase, driven by rising global demand for AI solutions. The company's diversified ventures in autonomous mobility, data-labeling, and edtech, alongside strong backing from notable investors, position it for continued success. With an ambitious target for adjusted EBITDA profitability and a bullish stock outlook, Nebius stands out as a compelling investment opportunity in the tech sector.
Source: YAHOO
Reported 2 months ago
Veteran fund manager Doug Kass, who predicted April's stock market rally, has provided an updated outlook on the S&P 500, expressing caution over rising economic uncertainties and elevated stock valuations. While the index surged 20% following a significant market downturn, Kass warns of potential downside risk due to sluggish economic growth and stubborn inflation, suggesting a possible decline of 10%-15% compared to a limited upside of less than 5%.
Source: YAHOO
Reported 2 months ago
BigBear.ai's stock has recently dropped 24% amidst concerns over weak sales growth and continued losses, with reported revenue growth stagnating and a significant adjusted EBITDA loss. The company has seen leadership changes, having had three CEOs in four years, raising doubts about its strategic direction. Despite the broader AI market opportunities, the company's performance suggests it may be best for investors to look elsewhere for more promising stocks.
Source: YAHOO
Reported 2 months ago
Delaying Medicare enrollment can lead to lifelong penalties unless you or your spouse is still employed with an organization that has 20 or more employees, allowing you to maintain your employer-provided health insurance without penalty. If your employment ends or you lose coverage, you'll have eight months to enroll without facing penalties. Additionally, delaying enrollment allows continued contributions to a Health Savings Account, which are not permitted once enrolled in Medicare.
Source: YAHOO
Reported 2 months ago
Mortgage rates have risen this week, averaging 6.89% for a 30-year loan, slightly up from last week. The increase follows modestly higher Treasury yields, with the average 15-year mortgage rate also rising to 6.03%. Despite being lower than last year's rates, affordability remains a significant hurdle for many buyers, evidenced by a sharp decline in home contract signings. However, mortgage applications for purchasing homes saw a slight increase of 3%, while refinancing applications fell by 7%. Experts advise potential buyers to compare rates to maximize their savings.
Source: YAHOO
Reported 2 months ago
Taiwan Semiconductor Manufacturing Company (TSMC) has seen its stock rise nearly 20% in the past month, buoyed by strong AI-driven demand and major technological advancements. TSMC is well-positioned with a leading market share in chip manufacturing and is set to roll out next-gen 2nm and 1.6nm chips by 2026. The company forecasts a 45% annual growth in AI-related chip revenue over the next five years, further enhancing its pivotal role in the semiconductor industry. With an attractive valuation and a robust earnings outlook, analysts give TSMC a 'Strong Buy' rating, targeting a price of $220 in the coming year.
Source: YAHOO
Reported 2 months ago
The Trump administration has invoked emergency powers to prevent the closure of another power plant, the Eddystone Generating Station in Pennsylvania, a day before its scheduled shutdown. This follows a similar order for the J.H. Campbell coal plant in Michigan. Critics argue that keeping these aging plants operational will harm public health and increase electricity costs.
Source: YAHOO
Reported 2 months ago
Source: BARRONS
Reported 2 months ago
The SEC has expressed regulatory doubts regarding the proposed launch of U.S. crypto ETFs by REX Financial and Osprey Funds that offer staking rewards. Despite receiving initial registration approval, the SEC questioned whether these funds meet the legal definition of an investment company, raising concerns over potentially misleading disclosures. This reflects ongoing complications in crypto regulation, as the SEC's stance on whether certain crypto assets qualify as securities remains inconsistent.
Source: YAHOO
Reported 2 months ago
Mickey Drexler, the former CEO of Gap Inc., expressed significant concern regarding the current tariff landscape, stating that retailers are 'scared to hell' as they navigate uncertainty daily. He emphasized the challenges of planning business operations amidst fluctuating costs and supply chain issues, particularly in the apparel industry. Drexler highlighted the urgency for businesses to adapt, with many, including his company Alex Mill, scrambling to change their sourcing strategies as tariffs continue to impact pricing and operations.
Source: YAHOO
Reported 2 months ago
In 2025, Apple is grappling with significant setbacks including a 19% drop in stock prices, ongoing antitrust investigations, and fierce competition in AI, especially with the delay of its enhanced Siri. President Trump's threats of substantial tariffs unless production is moved to the US complicate the situation further. Former design head Jony Ive is also entering the market with new products, potentially challenging Apple's dominance. As issues pile up, CEO Tim Cook is under intense scrutiny to navigate these challenges.
Source: YAHOO
Reported 2 months ago
Reddit’s (RDDT) stock has experienced significant volatility since its IPO, soaring from $34 to $230 before declining to $103. The company's strong performance, highlighted by a 31% increase in daily active users and a booming advertising revenue growth of 61% year-over-year, underlines its popularity. Despite recent uncertainties, analysts maintain an optimistic outlook on the stock, suggesting it has potential for growth, as its data licensing revenue also experiences a substantial rise. With strong user engagement and advertising effectiveness, many see the current dip as an opportune moment to invest.
Source: YAHOO
Reported 2 months ago
The Supreme Court's interpretation of the 'major questions doctrine,' which previously undermined Biden's climate and student loan actions, poses a significant threat to Trump's tariffs. A recent ruling from the US Court of International Trade cited this doctrine, stating that Trump's import taxes likely exceed his Congressional authority, potentially impacting $1.4 trillion in tariffs over the next decade. With a federal appeals court currently reviewing the case, the legal battle highlights the ideological rift within the court regarding the interpretation of presidential powers and Congressional limits.
Source: YAHOO
Reported 2 months ago
A woman is in a complex situation with her much older life partner, who wishes to leave his $4.5 million fortune to her instead of his financially unstable adult children. The couple struggles with whether to inform his children about this decision, fearing it could lead to emotional turmoil and affect their relationship. With over 17 years together and significant assets, they are considering their options for a will and the implications of inheritance, including tax burdens and potential family conflicts.
Source: YAHOO
Reported 2 months ago
Black women are facing rising costs for hair care as a result of tariffs imposed by the Trump administration on products imported from China. This situation is prompting concerns among stylists about potential price increases that could strain clients who are already dealing with inflation.
Source: YAHOO
Reported 2 months ago
Suze Orman is optimistic about the stock market's potential to soar through late 2025 and early 2026, advocating for long-term investors to remain calm and focus on diversified strategies. She highlighted five types of investments likely to benefit: large-cap growth stocks, growth-focused ETFs, broad market index funds, regulated Bitcoin investments, and gold ETFs as a safe haven. Orman stresses that true wealth comes from consistent saving and a secure mindset.
Source: YAHOO