Reported 6 days ago
SoftBank Group Corp. has raised $4.2 billion by issuing dollar and euro bonds to accelerate its investment in artificial intelligence. The company sold $2.2 billion in junk-rated dollar notes and €1.7 billion in euro bonds, generating over $17.3 billion in investor interest. Founder Masayoshi Son has committed up to $500 billion for AI projects, including a significant stake in OpenAI, despite facing regulatory scrutiny over acquisitions.
Source: YAHOO
Reported 6 days ago
Investar Holding Corp., a Louisiana-based bank, is entering the Dallas-Fort Worth market by acquiring Wichita Falls Bancshares for $84 million, significantly increasing its Texas deposits from 6% to 37%. This deal, which includes the 36-year-old First National Bank with five branches in the area, is set to close in the fourth quarter and reflects Investar's aggressive expansion strategy following its previous Texas acquisition in 2019. The merger is projected to enhance long-term value for customers and shareholders.
Source: YAHOO
Reported 6 days ago
Tesla's stock is experiencing a rise due to positive macroeconomic factors and reactions to its recent delivery report. Although the company's Q2 vehicle deliveries fell slightly short of projections, the market remains optimistic about future growth opportunities. However, concerns over the core EV business's performance pose risks for investment in the short term.
Source: YAHOO
Reported 6 days ago
Robinhood shares soared to $100 for the first time, marking a significant milestone in the trading platform's impressive 160% year-to-date rally. Meanwhile, Intel's CEO is reportedly considering halting the development of a key chip manufacturing process, raising concerns about the company's potential turnaround. In contrast, Centene's stock dropped sharply after the company withdrew its 2025 outlook due to disappointing market growth forecasts.
Source: YAHOO
Reported 6 days ago
Constellation Brands, the owner of Modelo and Corona, reports declining sales due to President Trump's immigration crackdown, which has affected consumer behavior among their key Hispanic customer base. CEO Bill Newlands noted a 3.3% drop in beer shipment volumes, attributing this to fewer social occasions and economic concerns, particularly among Hispanic consumers. The decline in the construction job sector, critical to their audience, and rising consumer hesitation to go out have further exacerbated the situation, even as Modelo Especial remains the top-selling beer in the U.S.
Source: YAHOO
Reported 6 days ago
Intel's new CEO, Lip-Bu Tan, is reportedly considering significant changes to the company's operations, including potentially scaling back on 18A chip manufacturing and focusing on future technologies that may not materialize until 2028. However, analysts express skepticism about Intel's ability to effectively turnaround its fortunes amid strong competition and ongoing financial losses.
Source: YAHOO
Reported 6 days ago
Microsoft has announced cuts to its workforce of up to 4%, translating to around 9,120 jobs, as it reallocates resources towards artificial intelligence initiatives. This move follows previous layoffs, as the company aims to streamline its operations and empower employees amidst a shifting labor market. The tech giant's decision aligns with similar actions taken by other industry leaders facing job transformations due to AI advancements.
Source: YAHOO
Reported 6 days ago
Intel's new CEO, Lip-Bu Tan, is considering significant changes to the company's contract manufacturing strategy to attract major clients like Apple and Nvidia, shifting focus from the less appealing 18A technology to a potentially more competitive 14A process. This move comes as Intel seeks to recover from its first unprofitable year since 1986, with plans to ramp up production of its advanced Panther Lake laptop chips while grappling with costly write-offs if it stops marketing the 18A process to new customers.
Source: YAHOO
Reported 6 days ago
US exchange-traded funds (ETFs) have seen an impressive $562 billion in inflows in the first half of 2025, indicating that they are on track for potentially breaking last year's record of $1.2 trillion. Despite some investor caution, retail investors have shown resilience, contributing to consistent inflows. Additionally, the SEC's recent approval allowing ETFs to be offered as a share class of mutual funds could further enhance asset movement from mutual funds to ETFs, boosting their popularity and growth.
Source: YAHOO
Reported 7 days ago
President Trump has announced a trade agreement with Vietnam, reducing tariffs on Vietnamese imports to the U.S. to 20%, while imposing a 40% tariff on goods transshipped from third countries. This deal comes as the U.S. has eased export restrictions on China, indicating a potential thaw in trade tensions. Amid ongoing discussions with Japan and India, Trump emphasized a strict July 9 deadline for further negotiations and potential tariff adjustments.
Source: YAHOO
Reported 7 days ago
Tesla's deliveries fell 13% year-over-year in Q2 2025, totaling 384,122 vehicles, missing expectations but improving from Q1. Analysts discuss how Tesla might rebound in the upcoming quarters and the potential impacts on electric vehicle sales as market conditions evolve.
Source: YAHOO
Reported 7 days ago
Ford and General Motors recorded significant sales increases in the second quarter of 2025, fueled by panic buying amidst impending tariffs on imports. Ford's sales rose 14% to over 612,000 vehicles, while GM's surged 7% to nearly 747,000 vehicles, supported by strong demand for crossovers. However, experts warn that the sales surge may be followed by a slowdown due to a payback effect and potential price hikes from manufacturers as they adjust to increased costs from tariffs.
Source: YAHOO
Reported 7 days ago
President Trump's tax bill has been passed by the Senate and is now facing a crucial vote in the House of Representatives, where Speaker Mike Johnson is pushing to approve it before the July 4 deadline. Despite some dissent among House Republicans regarding the Senate's changes, Trump is actively working to ensure the bill passes as is, ahead of its expected approval later this month.
Source: YAHOO
Reported 7 days ago
President Trump has announced a new trade deal with Vietnam, significant for major footwear retailers like Nike and On Running, whose stocks have risen following the news. The deal's specifics, especially regarding tariffs on sneakers, are yet to be revealed, but it is anticipated to have a positive impact on the retail sector. Overall market reactions have been cautious, as investors await further economic data to assess its implications for the Federal Reserve.
Source: YAHOO
Reported 7 days ago
The current U.S. equity market exhibits signs of 'irrational exuberance,' with 10% of stocks in euphoric territory, according to Barclays research. CFRA Research's chief investment strategist, Sam Stovall, explains that bull markets typically don't fade due to age but rather from fears of recession. Despite recent concerns, historical trends suggest stocks often continue to rise following market recoveries, positioning investors to potentially see better-than-expected earnings in the upcoming season.
Source: YAHOO
Reported 7 days ago
The One Big Beautiful Bill, championed by President Trump, is nearing the final stages of debate in Congress, proposing to extend crucial tax cuts and financial incentives for manufacturers. Key provisions include a permanent 20% pass-through deduction, tax rate stability, and support for research and development expenses, which are seen as vital for continued investment in the manufacturing sector. With backing from over 300 manufacturing businesses, the bill aims to bolster the industry despite pushback on cuts to social programs.
Source: YAHOO
Reported 7 days ago
Tesla's stock increased despite the company reporting Q2 vehicle deliveries of 384,122, which fell short of Wall Street's expectation of 389,407. This modest rise may indicate relief amid concerns about competition from Chinese car manufacturers and CEO Elon Musk's ongoing public dispute with President Trump. Furthermore, despite a year-on-year decrease in deliveries compared to the previous Q2's 444,000, production numbers exceeded expectations, hinting at some optimistic market sentiment.
Source: YAHOO
Reported 7 days ago
Tesla's stock has recently faced volatility due to ongoing political tensions between CEO Elon Musk and President Trump concerning a new tax bill. Musk's criticism of the bill, which threatens federal EV tax credits vital for Tesla's sales, has led to significant market reactions, including a record drop in value. As Trump's legislation could benefit competitors while harming Tesla's pricing strategy and energy division, investors must prepare for continued fluctuations tied to political developments and corporate earnings.
Source: YAHOO
Reported 7 days ago
US federal funds rate futures show a higher likelihood of a rate cut at the July meeting following a disappointing private sector jobs report for June, which revealed a drop of 33,000 jobs. Market estimates now indicate a 27% chance of a cut in July, up from 23% prior to the report. Additionally, a 25 basis-point rate decline is fully priced in for the September meeting.
Source: YAHOO
Reported 7 days ago
A group of tech billionaires, led by Palmer Luckey, is establishing a new crypto-focused bank named Erebor in response to the collapse of Silicon Valley Bank (SVB), which previously served many early-stage tech firms. The bank, applying for a national charter and based in Columbus, Ohio, will cater to technology sectors including AI and crypto, and aims to become a major player in stablecoin transactions, with co-CEOs Owen Rapaport and Jacob Hirshman at the helm.
Source: YAHOO
Reported 7 days ago
A Reuters poll indicates that the Mexican peso is likely to weaken in the coming months as a temporary freeze on US tariff increases expires. This shift follows a recent surge in the currency, which reached its strongest position in nearly a year due to favorable exports and a weaker dollar. Predictions suggest a moderate decline of 5.5% over the next year as trade tensions remain elevated, although the peso may benefit from its preferential trade status with the US under the USMCA agreement.
Source: YAHOO
Reported 7 days ago
US private payrolls saw an unexpected decrease of 33,000 jobs in June, while job gains in May were revised down to a smaller increase than initially reported. The drop comes as businesses face trade policy uncertainties, though layoffs remain low with announced job cuts falling by 49%. Hiring plans also decreased significantly, indicating a cautious labor market outlook as economists predict a modest increase in payrolls for June.
Source: YAHOO
Reported 7 days ago
US President Donald Trump has stated that Israel has agreed to a 60-day ceasefire in Gaza, which will be proposed to Hamas through mediators Qatar and Egypt. This ceasefire aims to halt a prolonged conflict that has resulted in significant casualties and devastation since October 2023. Trump emphasized the importance of this deal for regional peace and stated that Hamas must accept the proposal to avoid worsening conditions. As discussions progress, tensions remain as both parties seek to navigate the complexities of the ongoing war.
Source: YAHOO
Reported 7 days ago
The US and Vietnam are negotiating a trade framework that would impose varying tariffs on goods based on their foreign content, with exports containing the most foreign components facing rates over 20%. Vietnam, heavily reliant on China for raw materials, is under pressure to combat trade fraud and manage its relationships with both the US and China. Prime Minister Pham Minh Chinh hopes for positive negotiations before a new reciprocal tariff rate of 46% takes effect on July 9.
Source: YAHOO