Reported 10 days ago
Delivery Hero has revised its full-year earnings and cash flow projections downward, anticipating adjusted earnings between 900 million and 940 million euros and a 40% decrease in free cash flow to over 120 million euros, due to unfavorable foreign exchange rates. While growth in gross merchandise volume is expected to remain between 8% and 10%, the company's performance in the vital Asian market has raised concerns following a decline in goods sold.
Source: YAHOO
Reported 10 days ago
Agilent Technologies has increased its annual revenue outlook after exceeding quarterly earnings estimates, driven by a resurgence in demand for its medical tools and lab equipment. The company projects revenue between $6.91 billion and $6.93 billion, up from a previous estimate of $6.73 billion to $6.81 billion, and expects profits in line with analyst expectations. This positive outlook comes despite a two-year period of weak orders in the life sciences sector.
Source: YAHOO
Reported 10 days ago
Analysts predict that increased U.S. tariffs on Brazilian beef will significantly modify global trade patterns, leading to heightened imports from countries like Mexico and Australia while Brazil seeks new markets. Mexico has recently surpassed the U.S. as Brazil's second-largest beef export destination, with experts suggesting that nations re-exporting Brazilian beef may increase purchases accordingly. Brazil, already the leading beef exporter, could see a rise in its exports despite tariff challenges, as global supply shifts and demand fluctuates.
Source: YAHOO
Reported 10 days ago
In his memoir 'Yet Here I Am', Jonathan Capehart, a Pulitzer Prize-winning journalist and MSNBC anchor, shares his journey as a Black, openly gay voice in American media. Reflecting on his childhood struggles and his mother's emphasis on education, he discusses the importance of identity, resilience, and the ongoing fight for LGBTQ+ rights in today's societal landscape. Capehart's narrative serves as an inspiration for those pursuing their dreams against the odds.
Source: YAHOO
Reported 10 days ago
Peloton Interactive is required to face a lawsuit from shareholders who allege the company misled them about its inventory levels and sales strategies as the COVID-19 pandemic subsided. A federal appeals court in Manhattan overturned a lower ruling, allowing shareholders to argue that the company's misstatements, including claims about the motivations behind price cuts and warnings about excess inventory, were intended to inflate stock prices. This lawsuit comes after Peloton's stock plummeted over 80% during a period of reopening gyms and increased vaccine availability.
Source: YAHOO
Reported 10 days ago
A U.S. District Judge has rejected Meta's attempt to dismiss a sexual harassment lawsuit filed by former employee Kelly Stonelake, allowing the case to proceed. Stonelake accused Meta of ignoring her reports of sexual assault and harassment, facing discrimination, and enduring retaliation for raising concerns about a video game. The judge ruled that parts of her claims were valid, while dismissing others. This case adds to the scrutiny Meta faces regarding workplace misconduct allegations.
Source: YAHOO
Reported 10 days ago
Breitling is strengthening its presence in the US amid a challenging 39% tariff on Swiss imports, while also becoming the NFL's first official timepiece partner. CEO Georges Kern emphasizes the importance of a trade deal and outlines the strategic significance of the NFL collaboration, highlighting the growing potential of the US market, which represents 23% of the brand's turnover.
Source: YAHOO
Reported 10 days ago
Cryptocurrencies are experiencing a rally, led by Ethereum, which has surged over 2.5% while Bitcoin faces a critical inflection point down about 10% from its mid-August peak. Ethereum's prices are bolstered by significant interest in stablecoins, which are primarily backed by the Ethereum ecosystem. Recent market shifts indicate that investor funds are increasingly moving from Bitcoin to Ethereum, with analysts warning that Bitcoin must stabilize for the broader crypto market to thrive.
Source: YAHOO
Reported 10 days ago
The Pixel 10 Pro builds on Google's legacy of Android devices, emphasizing AI integration in everyday usage through its new Tensor G5 chip and various features like Magic Cue and call translation. While hardware changes are minimal, enhancements in software capabilities, especially in photography, offer innovative tools such as Camera Coach and Super Res Zoom. Users can expect a solid experience, though specific AI features might vary based on region and usage might not meet all expectations.
Source: YAHOO
Reported 10 days ago
Brazil's central bank emphasizes that its Pix payment system does not compete with financial institutions, serving instead as a neutral public infrastructure that promotes efficiency and inclusivity in the market. Pix, launched in 2020, has significantly transformed Brazil's payment landscape by integrating millions into the financial system and reducing reliance on traditional payment methods. The central bank stresses its focus on public good rather than profit, ensuring safety and competitiveness in payments.
Source: YAHOO
Reported 10 days ago
Workplace experts reveal that performance management reviews are causing frustration among employees, especially top performers, with 64% of career professionals deeming them ineffective. Critics argue that these traditional evaluations focus too much on past performance rather than fostering continuous development and engagement. To retain top talent, organizations need to shift towards ongoing feedback and support, making performance discussions more collaborative and relevant to employee growth.
Source: YAHOO
Reported 10 days ago
GlobalFoundries announced that its funding under the CHIPS Act remains intact and does not include any equity stakes, following the U.S. government's recent acquisition of a 10% stake in Intel. At the Deutsche Bank Technology Conference, CFO John Hollister emphasized that their funding is based on milestone achievements, and the company is expanding its fabrication capacities with a planned investment of $16 billion over the next decade.
Source: YAHOO
Reported 10 days ago
Cracker Barrel's new CEO, Julie Felce Masino, faced backlash for a proposed logo change that was eventually reversed, highlighting the challenges first-time CEOs can encounter when implementing rapid changes. Expert Brian Sozzi emphasizes the importance of being cautious with new leaders who may rush to prove themselves, often leading to missteps that require humility to correct. The situation serves as a reminder that a CEO's ability to acknowledge and adapt to mistakes is crucial for the company's success.
Source: YAHOO
Reported 10 days ago
TechCrunch has announced the 2025 Startup Battlefield 200, showcasing the 200 most promising early-stage startups from around the globe. These startups, selected from thousands of applications, will exhibit at TechCrunch Disrupt 2025 in San Francisco from October 27–29. Covering diverse sectors including AI, health, and fintech, this cohort represents the future of innovation. The Top 20 Finalists will be revealed live at the event, where attendees can engage with the startups and learn about their groundbreaking ideas.
Source: YAHOO
Reported 10 days ago
The BP refinery in Whiting, Indiana, has returned to normal operations after a thunderstorm caused flooding and forced multiple units offline. The facility, which is the largest in the U.S. Midwest, faced disruptions affecting gasoline prices in nearby states. BP has not yet commented on the situation.
Source: YAHOO
Reported 10 days ago
In 2025, the U.S. AI industry continues its impressive growth with 33 startups successfully raising over $100 million. Following a record year in 2024, characterized by multiple billion-dollar funding rounds, the trend appears to persist as new investments emerge through the year.
Source: YAHOO
Reported 10 days ago
The US has implemented a 50% tariff on Indian imports, complicating relations with India amidst ongoing tensions over Russian oil imports. Meanwhile, the EU is working to quickly remove tariffs on US industrial goods following a trade agreement. President Trump's recent threats of new tariffs in response to international digital taxes continue to impact global trade dynamics and the economy.
Source: YAHOO
Reported 10 days ago
BigBear.ai Holdings is shifting from a U.S.-centric focus to a global AI platform, evident from its new partnerships in the UAE and Panama. These collaborations aim to enhance AI deployment in security and cargo management, providing better access and credibility in the market. Although the company has significant cash reserves for expansion, recent revenue dips from U.S. Army program changes raise concerns about short-term execution. Investors will need to monitor performance in these new markets and compare it to competitors like Palantir and C3.ai to evaluate growth potential.
Source: YAHOO
Reported 10 days ago
In August 2025, Mexico overtook the United States as the second-largest destination for Brazilian beef, according to Brazil's beef lobby Abiec. This shift occurred after the US imposed significant tariffs on Brazilian beef, reducing its shipments. From August 1-25, Brazil exported 10,200 metric tons of beef to Mexico, valued at $58.8 million, while exports to the US dropped to 7,800 tons worth $43.6 million. With exports to Mexico tripling compared to last year, Brazil aims to expand its meatpacking plants authorized for Mexican exports and negotiate a free trade agreement, although the US remains a critical market for Brazilian beef.
Source: YAHOO
Reported 10 days ago
In a recent interview, Abbott Labs CEO Robert Ford addressed the rising costs of tariffs and the company's significant investment in US manufacturing, including $500 million for new plants in Illinois and Texas. He emphasized the importance of aligning production with demand, while also noting that their approach to manufacturing helps mitigate the impact of foreign exchange. Ford indicated that despite the challenges posed by tariffs, the focus remains on long-term investments in manufacturing and supply chains to support growth in the domestic market.
Source: YAHOO
Reported 10 days ago
The article discusses how investors can buy Exxon Mobil (XOM) through cash-secured puts, enabling them to either purchase shares at a discounted price or secure a significant annual return. By selling put options with a strike price below the current trading value, investors can earn premiums while ready to buy the stock if assigned. For instance, selling a put option at $110 while XOM trades at $111.49 can yield a 3.44% discount or an annualized return of about 15.3%, depending on the stock's performance.
Source: YAHOO
Reported 10 days ago
Shares of J.M. Smucker Co. fell 5% after the company reported a 22% profit decline in its coffee division due to tariffs imposed by the Trump administration, resulting in a first-quarter loss. The U.S. retail coffee sector, which includes Folgers, Dunkin', and Café Bustelo brands, struggled with higher commodity costs and unfavorable sales mix, leading to a revenue drop to $2.11 billion. Despite these challenges, the company raised its full-year sales growth forecast.
Source: YAHOO
Reported 10 days ago
Cold Chain Technologies (CCT) is expanding its operations in the Asia Pacific region by enhancing local capabilities to better serve clients in the pharmaceutical, airline, and logistics sectors. Following acquisitions of Tower Cold Chain and Global Cold Chain Solutions, CCT is launching new logistics hubs, appointing regional distributors, and plans to establish a manufacturing facility in India. These efforts are intended to create a more efficient and customer-focused service model in the rapidly growing cold chain logistics market.
Source: YAHOO
Reported 10 days ago
Morgan Stanley analysts favor fast-casual restaurants like Wingstop and Chipotle Mexican Grill, despite warning about challenges in the restaurant sector stemming from higher food costs and disappointing second-quarter earnings. Their report highlights that while some chains are struggling, the fast-casual segment remains a bright spot. Additionally, they noted McDonald's competitive price cuts may intensify market competition, impacting rivals like Burger King.
Source: YAHOO
Reported 10 days ago
U.S. stocks saw slight gains as midday trading revealed mixed corporate earnings reports, with Kohl's exceeding profit expectations and raising its outlook thanks to a successful turnaround plan. Cracker Barrel's shares rose after announcing the return of its old logo, while Canada Goose shares jumped amid takeover interest from Bain Capital. Conversely, J.M. Smucker faced a quarterly loss due to high coffee prices, and SBA Communications experienced a decline following a downgrade from Bank of America. Overall, oil and gold prices increased, and the U.S. dollar strengthened.
Source: YAHOO