Reported 3 months ago
In light of President Trump's proposal for a 50% tariff on the European Union, economist Ryan Young discusses the potential economic repercussions and the importance of Congress intervening. He highlights the interconnected nature of imports and their vital role in U.S. manufacturing, expressing concern that such tariffs could harm both the economy and international relations. Young believes that Trump's tariff strategy is lacking a coherent rationale and that it's crucial for Congress to step in to prevent further escalation.
Source: YAHOO
Reported 3 months ago
American venture capital is increasingly flowing into India, fueled by a rapidly growing tech ecosystem and a young, educated population. Investors see the potential for India to produce thousands of unicorns in the coming decades, driven by advancements in AI and a robust financial environment. As domestic investors become more prominent, the landscape is shifting: India has emerged as the third-largest startup ecosystem globally, attracting strategic international interest. Economic liberalization and geopolitical shifts have further intensified this momentum, suggesting that the next era of tech growth may be centered in India.
Source: YAHOO
Reported 3 months ago
As of May 23, 2025, cryptocurrency markets have shown significant fluctuations with varying gains and losses for investors. The eight best-performing cryptocurrencies year-to-date include Monero, Hyperliquid, Bitcoin, and XRP, among others. It's crucial for investors to consider their risk tolerance and market conditions, especially in such a volatile environment, before making investment decisions.
Source: YAHOO
Reported 3 months ago
Renewable energy stocks faced a significant downturn this week as the U.S. House of Representatives passed a bill that threatens to eliminate crucial subsidies supporting the industry. The legislation, aimed at repealing tax credits for electric vehicles, solar, wind, and energy storage, could render many renewable projects economically unviable, causing severe distress for companies like Enphase Energy, Bloom Energy, AES, and NextEra Energy. If enacted, this bill could halt growth in the renewable sector, leading to bankruptcies and a drastic impact on energy investors.
Source: YAHOO
Reported 3 months ago
Michele Molon has been named the new group CEO of Germany’s Schwan-Stabilo Group, succeeding Sebastian Schwanhäußer. Molon, who previously served as Swarovski’s chief commercial officer, will co-manage the company alongside CFO Anke Buttler starting October 1, 2025. He aims to enhance innovation and drive profitable results while emphasizing a culture of care and creativity within the organization.
Source: YAHOO
Reported 3 months ago
Franklin Templeton will liquidate two of its bond exchange-traded funds (ETFs), the Western Asset Short Duration Income ETF (WINC) and Western Asset Total Return ETF (WBND), due to a lack of investor interest. The decision, approved by the fund's board on May 21, reveals the difficulties ETF issuers face in attracting assets in a competitive market. Both funds will cease trading on August 23, 2025, with final proceeds to be distributed on August 29.
Source: YAHOO
Reported 3 months ago
Norfolk Southern has expanded its Short Line Interchange Improvement Program to include all of its more than 260 shortline partners, aiming to increase carload volume growth. The program, which began last year with 40 short lines, has already proven successful, with participating interchanges experiencing a growth rate of 4.85%. This initiative creates real-time data communication channels to quickly resolve service issues and improve collaboration between Norfolk Southern and shortline railroads.
Source: YAHOO
Reported 3 months ago
President Trump has threatened to impose a staggering 50% tariff on the European Union, emphasizing that no tariff will apply if companies like Apple relocate their operations to the U.S. This announcement, made during a press conference and via social media, has sparked global shock, particularly as the deadline for implementation approaches on June 1st. Discussions suggest that this move may serve as leverage in negotiations surrounding EU regulations and taxes, which Trump has frequently criticized.
Source: YAHOO
Reported 3 months ago
Despite a 2% drop in credit card debt reported by the Federal Reserve Bank of New York, experts, including Bankrate's Ted Rossman, urge caution. They highlight the potential economic stress indicated by persistently high revolving debt levels and the ongoing spike in household debt, particularly from student loans. While some Americans are managing to pay off their balances, many are still struggling with high-interest rates, leading to increased demand for credit counseling services.
Source: YAHOO
Reported 3 months ago
Analyst Samik Chatterjee from JP Morgan suggests that Hewlett Packard Enterprise (HPE) and NetApp (NTAP) are better positioned to handle potential tariff risks and demand uncertainties compared to HP Inc. and Dell Technologies ahead of their earnings reports. He anticipates conservative earnings, with Dell benefiting from robust AI spending despite broader economic moderation. HPE is expected to show solid results due to favorable guidance, while NTAP may experience slight revenue growth despite a challenging macroenvironment. Overall, the upcoming earnings reports will be closely tied to management's strategies to mitigate risks.
Source: YAHOO
Reported 3 months ago
Oracle Corporation plans to spend around $40 billion on Nvidia's GB200 chips to establish a data center in Abilene, Texas, for OpenAI, aimed at enhancing the US’s position in the AI sector. The center, part of the Stargate Project, is expected to be operational by mid-2026 and will help reduce OpenAI's dependency on Microsoft for computing resources.
Source: YAHOO
Reported 3 months ago
The recent successful IPOs of eToro, MNTN, and Hinge Health are bringing optimism to tech investors and startups, according to Brianne Lynch from EquityZen. She discusses the ongoing role of the secondary market as a liquidity option in the tech industry on 'Bloomberg Technology' with Caroline Hyde.
Source: YAHOO
Reported 3 months ago
Williams-Sonoma, Inc. has reported a revenue increase of 4.2% year-over-year, outperforming expectations alongside positive earnings per share. Analysts are optimistic about the company's future, predicting over 50% upside potential as housing markets stabilize, despite current tariff-related challenges. Firm forecasts for fiscal 2025 indicate stable sales growth, with upgrades in earnings projections reflecting confidence in their long-term outlook.
Source: YAHOO
Reported 3 months ago
This article outlines 25 strategies for generating passive income in 2025, emphasizing the importance of diversifying income streams amidst economic challenges. From writing e-books and selling photography to investing in dividend stocks and creating online courses, these ideas provide various opportunities for individuals seeking additional financial security. Each option is accompanied by potential risks and rewards, aiming to help readers choose the best approach for their personal circumstances.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Ethereum's current trading value is approximately 45% lower than its peak, reflecting institutional investors' preference for Bitcoin as a safer store of value during economic uncertainty. While Ethereum offers utility in decentralized applications and smart contracts, its recent underperformance is attributed to a decline in network usage and revenue, particularly following the NFT market's slump. As Bitcoin continues to thrive, Ethereum seeks a revival through renewed blockchain adoption and an uptick in risk appetite.
Source: YAHOO
Reported 3 months ago
Fair Isaac Corp. saw its shares plunge by 21.9% this week after Federal Housing Finance Agency (FHFA) Director Bill Pulte criticized the company's recent price hikes for credit reports and announced a review of the necessity for multiple credit scores in mortgage applications. Although analysts suggest this may present a buying opportunity due to the broad use of FICO scores and related software services, concerns about reduced demand from potential changes in mortgage scoring practices remain.
Source: YAHOO
Reported 3 months ago
Analog Devices reported a strong fiscal second-quarter performance with a 22% revenue increase, reaching $2.64 billion, surpassing expectations. Despite positive results, the company's stock fell over 4% as concerns about operating margins arose due to rising variable compensation and salary costs. Analysts remain mixed in their ratings, noting continued cyclic recovery in the industrial sector, but caution about potential declines in automotive revenue and overall second-half demand.
Source: YAHOO
Reported 3 months ago
Gil Luria, Managing Director at D.A. Davidson, suggests that Apple should leverage the potential for U.S. iPhone manufacturing in five years as a negotiation tactic with the Trump administration, during an interview on 'Bloomberg Technology.'
Source: YAHOO
Reported 3 months ago
Apple CEO Tim Cook's efforts to mitigate the impact of tariffs by shifting production from China to countries like India and Vietnam have not provided sufficient protection against President Trump's renewed tariff threats. Following Trump's demand that iPhones sold in the U.S. be manufactured domestically or face a 25% tariff, Apple watched its market capitalization drop by over $100 billion. Despite significant investments in U.S. operations and increased overseas production, analysts warn that the feasibility of manufacturing iPhones in the U.S. remains low, potentially leading to unsustainably high prices for consumers.
Source: YAHOO
Reported 3 months ago
Source: BARRONS