Reported 6 days ago
Institutional Shareholder Services (ISS) has advised investors to oppose the $9 billion acquisition of Core Scientific by CoreWeave, citing Core Scientific's successful performance as an independent entity. With a scheduled vote on October 30, concerns were raised regarding the deal's structure and valuation, especially as CoreWeave's stock value has declined. Following the advisory, Core Scientific's stock rose over 5%, indicating a preference for independence among investors.
Source: YAHOO
Reported 6 days ago
As Tesla prepares to report its third-quarter earnings on October 22, investors are keenly anticipating updates on the performance of its robotaxi service, which began operating in Austin, Texas, in June 2025. Key points of interest include the potential expansion into more cities and progress in enhancing the service, as well as insights on revenue projections and the impact on automotive margins.
Source: YAHOO
Reported 6 days ago
Shares of Forward Air (FWRD) have dropped over 80% since the announcement of its merger with Omni Logistics in August 2023, following reports that a potential buyout is now unlikely. Trading saw a significant decline of over 20% on Monday due to disappointing bids from private equity firms. Investors are urging a strategic review due to concerns over the merger's impact on the company's debt and competitiveness. Forward is set to report its third-quarter results on November 5.
Source: YAHOO
Reported 6 days ago
President Trump has stated his intentions to secure a 'fantastic deal' with Chinese President Xi Jinping during their upcoming meeting, emphasizing the U.S.'s 'great respect' from Beijing. His remarks follow China's expansion of export controls on rare earth products, which are critical for various technologies. Trump warned of potential tariffs while expressing optimism about working out a fair agreement beneficial for both nations. The dialogue is crucial as it could impact global economic stability amid rising tensions between the superpowers.
Source: YAHOO
Reported 6 days ago
Wall Street experienced a brief scare with fears surrounding private credit and recent bankruptcies, prompting a selloff among regional banks. However, by the following day, investors returned to buying stocks as optimism about a potential Federal Reserve rate cut and easing concerns overshadowed earlier anxieties. Analysts suggest that the issues at certain companies may be isolated incidents rather than signs of a broader financial crisis.
Source: YAHOO
Reported 6 days ago
Merck (MRK) closed at $86.32, up 1.8% from the previous day, outpacing the gains of the S&P 500 and Dow. The pharmaceutical company has gained 4.02% over the last month, exceeding the Medical sector's performance. As Merck prepares to release its earnings report on October 30, 2025, expectations are for an EPS of $2.36 and revenues of $17.06 billion. The stock's current valuation shows a Forward P/E ratio of 9.5, compared to the industry's 14.56, suggesting it is undervalued. Overall, investors should be mindful of changing analyst forecasts and Merck's strong position within the Large Cap Pharmaceuticals industry.
Source: YAHOO
Reported 6 days ago
Amid the ongoing government shutdown, analysts suggest that defense stocks, particularly those tied to the U.S. military like Northrop Grumman and Lockheed Martin, may present a buying opportunity. While these companies may report conservative earnings outlooks due to uncertainty, upward revisions could follow as clarity on government funding improves. With defense sector ETFs lagging behind broader market gains, some analysts recommend purchasing shares of these companies now, anticipating a potential rebound.
Source: YAHOO
Reported 6 days ago
In a discussion regarding Amazon's AWS outage, Neuberger Berman's Dan Flax expressed optimism about Amazon's future, noting that while outages are common in cloud services, AWS's ability to recover and innovate will drive growth. Despite investor concerns about market competition, Flax believes Amazon's continued investment and focus on areas like generative AI will lead to significant value creation in the coming year.
Source: YAHOO
Reported 6 days ago
The earnings season is gaining momentum as major companies like Tesla, Netflix, General Motors, and many others reveal their quarterly results. Cleveland-Cliffs stock surged following positive earnings, while Zions Bancorp shares increased after reassuring investors about limited charge-offs. Market analysts anticipate an earnings growth of 8.5% for the S&P 500 in Q3, indicating a slowdown from previous quarters. The week's earnings reports will cover various sectors, providing insights into consumer spending and credit quality across the economy.
Source: YAHOO
Reported 6 days ago
Truckstop.com has introduced the first load board designed specifically for dry vans, offering an affordable solution for owner-operators and small fleets. Starting at $35 per month for unlimited searches, the platform provides verified loads and real-time market data. The Basic and Pro versions include features such as private loads, truck count data by state, and SONAR insights for rate forecasting. This initiative aims to support the industry during the current freight recession.
Source: YAHOO
Reported 6 days ago
US stock markets saw significant gains on Monday, led by Apple Inc.'s strong performance due to high demand for the iPhone 17. The Dow Jones increased by over 1.1%, while the S&P 500 and Nasdaq rose nearly 1.1% and 1.4%, respectively. As Wall Street prepares for a busy earnings week, concerns about credit quality and US-China trade relations linger, but the overall sentiment remains optimistic. Upcoming earnings reports from major companies such as Tesla and Netflix are highly anticipated.
Source: YAHOO
Reported 6 days ago
On October 20, 2025, shares of Apple reached record highs due to strong demand for the iPhone 17, boosting the S&P 500 alongside Super Micro Computer, whose shares rose 5.5%. However, Oracle's stock continued to decline by nearly 5% amid investor concerns over its capital expenditure plans and reliance on OpenAI. Major U.S. indices saw over a 1% gain as the market prepared for upcoming earnings reports and inflation data.
Source: YAHOO
Reported 6 days ago
Bitcoin surged back to $111,000 on Monday, rejuvenating crypto stocks and suggesting that the recent market downturn may just be a temporary setback. Analysts report that Bitcoin is in a re-accumulation phase, with stable market sentiment and sustained institutional demand. Stocks of crypto-related companies also rose, reflecting increased optimism following regulatory news from Japan and a general recovery in the digital asset market.
Source: YAHOO
Reported 6 days ago
On October 20, 2025, U.S. stock markets surged, with the S&P 500 climbing 1.1% nearing its all-time high, while the Dow Jones Industrial Average gained 515 points and the Nasdaq composite increased by 1.4%. Apple reported strong demand for its new iPhone, aiding market optimism, and despite an outage affecting Amazon's cloud services, its stock remained resilient. Upcoming earnings reports from major companies such as Coca-Cola and Tesla are anticipated.
Source: YAHOO
Reported 6 days ago
Source: INVESTORS
Reported 6 days ago
Impactive Capital has chosen several experienced candidates to join the board of financial technology company WEX, indicating its strategy to advance a proxy fight. With a 6.4% ownership of WEX, Impactive plans to nominate a total of five directors, including co-founder Lauren Taylor Wolfe. This move intensifies ongoing tensions, as WEX's valued at around $5 billion has seen a 13% drop in share prices since January.
Source: YAHOO
Reported 6 days ago
Netflix is set to report its third-quarter earnings, with investors keenly observing its advertising business and live content following a recent stock decline. Despite being up 40% year-to-date, shares are down 8% since June, amidst concerns about competition and growth. Analysts project revenues and earnings to rise significantly, fueled by popular events and new content, but caution surrounds the company's valuation, trading at a high premium. Recent controversies and emerging AI-driven competition add to the uncertainty.
Source: YAHOO
Reported 6 days ago
In the last two years, over 1 million children in Texas lost their Medicaid and Children's Health Insurance Program (CHIP) coverage due to a post-pandemic purge, with 27% disenrolled between March 2023 and June 2025. Following the expiration of federal rules that mandated continuous enrollment during the COVID-19 pandemic, families are facing uncertainties regarding their children's healthcare access. Experts warn of potential long-term health impacts from losing coverage and suggest alternative options such as reapplying for insurance or seeking assistance through the HealthCare.gov Marketplace.
Source: YAHOO
Reported 6 days ago
An outage at Amazon Web Services' northern Virginia data center on October 20, 2025, caused significant disruptions for banks and fintech companies, including Navy Federal, Truist, and Chime. The incident highlighted the financial sector's reliance on centralized cloud services and raised concerns over concentration risk, as customer reports indicated various service failures. Experts warned of potential fallout related to payment disputes and emphasized the need for businesses to reassess their disaster recovery strategies in light of the event.
Source: YAHOO
Reported 6 days ago
Starbucks CEO Brian Niccol envisions a future where the company's app can process voice orders, enhancing the customer experience by making ordering as simple as talking into a phone. As part of a broader turnaround strategy to rejuvenate sales and create inviting cafe environments, Starbucks is also renovating stores and targeting teens as a key demographic. The approach reflects cautious adoption of AI in hospitality, focusing on improving backend efficiency while enhancing the social atmosphere for customers.
Source: YAHOO
Reported 6 days ago
AI is significantly changing how startups hire, with many entrepreneurs embracing AI tools to optimize operations and reduce costs. A recent study shows over 70% of founders are increasing their AI budgets. While AI enables startups to automate tasks traditionally done by entry-level workers, it also creates opportunities for younger employees who are adept at using AI. Founders now seek experienced workers who can manage AI tools effectively, highlighting the importance of human creativity and problem-solving alongside technological advancement.
Source: YAHOO
Reported 6 days ago
In a recent episode of Yahoo Finance’s Warrior Money podcast, Meagan Metzger of Dcode discusses how AI, particularly large language models, can enhance productivity within federal agencies by eliminating low-value tasks, allowing military personnel to concentrate on critical missions. She emphasizes the importance of adopting a product manager mindset to identify innovative solutions to real challenges. The hosts also explore the potential risks associated with integrating AI into government operations.
Source: YAHOO
Reported 6 days ago
President Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals deal aimed at enhancing U.S. access to Australian rare earth resources, directly countering China's recent export restrictions. This agreement precedes Trump's diplomatic tour in Asia, which includes visits to Malaysia and Japan ahead of a pivotal meeting with Chinese President Xi Jinping in South Korea next week. While Trump promotes the deal as a step towards reducing reliance on China, analysts caution that the U.S. still faces significant challenges in achieving self-sufficiency in rare earth production.
Source: YAHOO
Reported 6 days ago
Source: WSJ
Reported 6 days ago
In the latest developments in U.S.-China trade relations, President Trump has set forth critical demands for China, focusing on rare earth materials, fentanyl, and soybeans as negotiations approach. He announced a deal with Australian Prime Minister Anthony Albanese to enhance U.S. access to rare earth minerals amid tensions with China, which has recently imposed restrictions on these exports. Meanwhile, the U.S. budget deficit has decreased partly due to increased tariff revenues, although American consumers are expected to bear the brunt of the tariffs.
Source: YAHOO