Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
A Microsoft subsidiary in Russia is set to file for bankruptcy according to a notice on the official Fedresurs registry. This follows indications from President Vladimir Putin that foreign tech companies like Microsoft should be restricted to promote domestic alternatives. Microsoft's operations in Russia have significantly scaled down since the start of the Ukraine conflict, and they previously removed Russian state media applications from their platforms. The future of Microsoft's other Russian units remains uncertain.
Source: YAHOO
Reported 3 months ago
Tesla's stock (TSLA) is on track for a weekly gain, as CEO Elon Musk prepares to return fully to the company after leaving a government role. This development comes amidst serious allegations of drug abuse, with reports detailing Musk's heavy use of substances like ketamine and ecstasy during Trump's campaign. Despite the controversy, Tesla shares rose 4% this week and over 25% for May, buoyed by Musk's announcements of renewed focus on Tesla and ongoing advancements in self-driving technology.
Source: YAHOO
Reported 3 months ago
Marvell Technology's stock dropped despite impressive AI data center revenue growth, while Netflix saw increased price targets from analysts amid its subscription growth and expansion into live events. In contrast, Zscaler's shares rose after exceeding guidance expectations in its latest earnings report, highlighting the ongoing demand in cybersecurity. Experts suggest that focusing on sectors like cybersecurity and semiconductors could provide strong investment opportunities.
Source: YAHOO
Reported 3 months ago
The U.S. housing market is seeing a significant imbalance with nearly 34% more sellers than buyers as of April 2025. This shift, attributed to high home prices and mortgage rates that have climbed to a 23-year high, has led to less competition among buyers, prompting some sellers to reduce prices or offer incentives to attract sales. While this trend provides a potential advantage for buyers, the increase in home prices over the last six years has made home ownership unaffordable for many, with only 21.2% of listings deemed affordable for typical incomes.
Source: YAHOO
Reported 3 months ago
Despite a recent dip in inflation rates, the Federal Reserve is expected to keep interest rates steady due to concerns that tariffs could lead to higher prices in the future. The core Personal Consumption Expenditures index showed a slight increase in April, but Fed officials remain uncertain about the long-term impact of tariff-related price changes. While some members argue these effects may turn out to be temporary, others believe they could persist, leading to a complicated outlook for monetary policy.
Source: YAHOO
Reported 3 months ago
Thoma Bravo, a private equity firm, is exploring the sale of document processing software provider Apryse, potentially valuing the company at over $3 billion. With interest from various buyers, particularly other private equity firms, the sale process is being guided by Lazard investment bankers. While Thoma Bravo might retain a minority stake post-sale, the final outcome remains uncertain. Apryse, which specializes in document processing technology and has notable clients such as Novartis and Wells Fargo, has achieved significant growth since its acquisition by Thoma Bravo in 2021.
Source: YAHOO
Reported 3 months ago
Gap's shares dropped 20% after the company warned that U.S. tariffs would negatively affect profits this year, despite efforts to diversify its supply chain and invest in U.S. cotton. The apparel maker highlighted potential expenses of up to $300 million due to tariffs, which could impact margins into 2026. Analysts have adjusted price targets for the stock as it navigates the uncertainty of trade policies under President Trump's administration.
Source: YAHOO
Reported 3 months ago
Mondelez International, the maker of popular snacks like Oreos, is suing grocery chain Aldi, claiming that Aldi's store-brand cookies and crackers mimic its packaging to mislead customers. The lawsuit, filed in Illinois, alleges that Aldi's packaging is designed to confuse consumers, and Mondelez is seeking damages and a court injunction to stop Aldi from selling these infringing products.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
In today's logistics industry, companies confront significant recruitment challenges due to a shortage of qualified CDL holders and shifting candidate expectations. Strategic partnerships, like that of Dot Transportation and Tenstreet, have emerged as vital tools for modernizing recruitment strategies and enhancing digital outreach. By leveraging technology while emphasizing relationship-building with candidates, these partnerships enable companies to increase application rates and streamline operations, ensuring a robust driver workforce even amid market fluctuations.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Американский институт дипломированных бухгалтеров (AICPA) выступил против предложенных ограничений на вычеты по налогам на доходы, связанные с местными и государственными налогами (SALT) для определенных предпринимательских направлений в законопроекте One Big Beautiful Bill. AICPA выразил озабоченность по поводу угрозы значительного ограничения возможности вычета SALT для определенных бизнесов, что, по мнению института, противоречит намерениям законопроекта по поддержке малого бизнеса. Они также призвали к возможности вычета SALT для бизнес-структур и поддержали ряд других положений законопроекта.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
The UK faced a significant decline in vehicle production, with reports from the Society of Motor Manufacturers and Traders (SMMT) indicating a 15.8% drop in April 2025, resulting in the lowest output for that month since 1952, excluding 2020's pandemic lockdowns. Car production fell by 8.6%, while the commercial vehicle sector experienced a staggering 68.6% decline, largely due to a plant closure. Although exports to the EU and US decreased, there were increases in exports to China and Turkey. Industry leaders emphasize the urgent need for government action to enhance competitiveness and boost domestic demand.
Source: YAHOO
Reported 3 months ago
US consumer spending rose only slightly in April as households chose to save more amidst profit and economic uncertainties tied to tariffs. The Commerce Department's report indicates that while inflation is currently low, concerns remain about potential price rises due to ongoing import duties. The economy's growth has slowed since early 2023, and although a reduction in the goods trade deficit may offer a positive outlook, inventory levels show signs of stagnation which could limit GDP growth. The Fed's decision on interest rates remains cautious in light of these trends.
Source: YAHOO
Reported 3 months ago
President Trump has publicly criticized China for allegedly violating their trade agreement, creating tensions as U.S.-China trade negotiations stall. Amid these claims, Trump's tariffs face legal challenges, with a federal appeals court temporarily allowing them to remain effective after a lower court ruled them unlawful. This situation has raised concerns over the future of trade relations and tariffs as both nations navigate through escalating tensions.
Source: YAHOO
Reported 3 months ago
According to Wall Street analysts, Opera's stock, currently undervalued, may increase by 44% following strong quarterly results and an optimistic growth forecast. With a 40% revenue increase year-over-year and boosted guidance for 2025, the Norway-based web browser company is likely to benefit from enhanced ad monetization and the integration of AI into its services. The positive earnings projections and sustainable growth suggest now is an opportune time to invest in Opera.
Source: YAHOO
Reported 3 months ago
American Resources and ReElement Technologies have extended their antimony refining contract, enabling ReElement to process stibnite ore into ultra-pure antimony compounds at its Indiana facility. This ten-year agreement, which includes automatic renewals, is anticipated to generate over $29 million in annual revenues and supports the growing demand for ultra-pure antimony in defense and commercial applications. The partnership is critical following China's export ban on essential minerals, highlighting the need for domestic sourcing of strategic materials.
Source: YAHOO
Reported 3 months ago
Despite concerns over fluctuating tariff policies under President Trump, the US economy continues to show resilience. Smead Capital Management CEO Cole Smead argues that the country's deficit is serving as a significant economic stabilizer, allowing consumer spending to persist despite uncertainties. While consumer confidence appears low following tariff discussions, investments remain stable, highlighting a disconnect between consumer sentiment and economic performance.
Source: YAHOO
Reported 3 months ago
President Trump asserts that China has breached their trade agreement as U.S.-China negotiations stall, following a legal twist where a court reinstated some tariff policies deemed illegal. Analysts indicate that while Trump's ability to impose tariffs has been restricted, he still has backup options to pressure China and maintain his trade agenda.
Source: YAHOO
Reported 3 months ago
In a recent podcast, analysts from The Motley Fool discussed Salesforce's acquisition of Informatica for around $8 billion, highlighting the strategic importance of data management for enhancing Salesforce's AI capabilities. The discussion touched on how Informatica's expertise in data integration and management aligns with Salesforce's core mission of utilizing customer data to drive business success. Despite some shareholder concerns about the deal, analysts expressed optimism about the all-cash nature of the acquisition and its potential to strengthen Salesforce's position in the market.
Source: YAHOO
Reported 3 months ago
Forvis Mazars has relocated to a new office in Bristol's Assembly Campus as part of its strategy to expand in the region, effective May 19, 2025. The new office, located in Assembly Building C, offers a sustainable working environment and accommodates a growing team, which has increased by over 30 employees in the past year, totaling over 100 staff in Bristol. The firm aims to enhance its mid-market and public interest audit services, while Raj Bhundia has been appointed as tax partner to bolster its tax services.
Source: YAHOO
Reported 3 months ago
Tempus AI, a healthcare-focused AI company, saw its stock price plummet 13.2% this week after a critical report from Spruce Point Capital Management questioned the company's financial integrity and partnership claims. While investors should approach Tempus AI with caution, some notable figures, like Cathie Wood from Ark Invest, are still showing support for the stock. Potential investors are advised to monitor the company's responses to the concerns raised.
Source: YAHOO
Reported 3 months ago
Source: BARRONS