Reported 22 days ago
Keith O'Brien, a confessed spy for Rippling, has reported being followed by unidentified men, sparking fears for his and his family's safety. An Irish judge granted him a restraining order after O'Brien testified about his distressing experiences, which he believes are connected to his role as a star witness in Rippling's lawsuit against its rival, Deel. O'Brien's allegations have raised concerns about harassment and emotional distress affecting his family.
Source: YAHOO
Reported 22 days ago
Municipal bonds have lagged behind other investment-grade bonds this year, with the iShares National Muni Bond ETF (MUB) losing 1.29% as of June 17, compared to a 2.85% gain for the iShares Core US Aggregate Bond ETF (AGG). Factors contributing to MUB's poor performance include illiquidity, uncertainty regarding tax laws, potential cuts in federal funding for state and local governments, and growing pension liabilities. Investors uncertain about the future may find higher yields in munis but should be cautious about their risks and consider diversification.
Source: YAHOO
Reported 22 days ago
President Donald Trump has expressed uncertainty about firing Federal Reserve Chair Jerome Powell, whom he has criticized for not lowering interest rates. In a recent social media post, Trump suggested he might reconsider his stance on Powell, though he acknowledged that his criticisms complicate Powell's role. Despite frequent threats to dismiss Powell, Trump has previously stated he would not fire him. The Fed has maintained interest rates amid concerns about economic growth and inflation, while discussions on potential successors for Powell continue as his term nears its end in May 2026.
Source: YAHOO
Reported 22 days ago
President Donald Trump reiterated his demand for the Federal Reserve to lower interest rates, labeling Fed Chair Jerome Powell a 'numbskull'. Despite acknowledging that his harsh criticisms may hinder Powell's actions, Trump continues to push for immediate rate cuts. Federal Reserve Governor Christopher Waller commented that interest rates should potentially be reduced soon, especially with signs of a weakening job market. Tensions between Trump and Powell remain high, as the president considers potential successors for Powell, whose term ends next year.
Source: YAHOO
Reported 22 days ago
Next week, starting June 23, investors will focus on earnings reports from major companies like Nike, FedEx, and Carnival. Federal Reserve Chair Jerome Powell will testify before Congress, with additional commentary from other Fed officials. Consumer confidence data for June will be released, potentially indicating a slight increase in optimism, while Personal Consumption Expenditures (PCE) data for May, a key inflation measure, will come out on Friday.
Source: YAHOO
Reported 23 days ago
Wall Street is closely monitoring the Iran-Israel conflict and its effect on oil prices, with strategists providing insights on the market implications. Recent reports indicate oil prices have risen over 10% since the tensions escalated, and financial analysts are keenly observing to understand the broader impact on investment strategies.
Source: YAHOO
Reported 23 days ago
Jim Carroll, a senior wealth advisor at Ballast Rock Private Wealth, emphasizes that incorporating international exposure is crucial for a well-diversified portfolio, especially as international markets like Europe, Asia, and Latin America are showing strong performance. Despite historical tendencies for US investors to focus on domestic markets, there's a growing opportunity abroad that investors should not ignore. Carroll highlights sectors such as gold and mining that are proving lucrative, suggesting that now is a good time to consider diversifying beyond US markets.
Source: YAHOO
Reported 23 days ago
黄金今年上涨近30%，因投资者涌向避险资产，而美元走弱。Yahoo Finance市场和数据编辑Jared Blikre分析了历史突破模式可能暗示的黄金价格走势，指出当前可能是黄金市场的初期阶段，未来价格有可能继续上升。
Source: YAHOO
Reported 23 days ago
In light of upcoming critical policy changes, investors should closely monitor three significant events: tariff negotiations, developments regarding Iran, and a major tax bill that stands as the most expensive in U.S. history. Analyst Ed Mills emphasizes the importance of these issues, particularly the tariff situation, as deadlines approach and negotiations evolve, potentially impacting global economic conditions.
Source: YAHOO
Reported 23 days ago
Source: INVESTORS
Reported 23 days ago
Oil prices have fallen as investors await President Trump's decision regarding potential U.S. intervention in Iran. As both WTI and Brent crude saw slight decreases, concerns arose from Trump's announcement to delay a decision for two weeks. Despite this, oil is still on track for a third consecutive week of gains, influenced by ongoing tension in the region and potential discussions on Iran's nuclear program.
Source: YAHOO
Reported 23 days ago
Source: INVESTORS
Reported 23 days ago
Source: INVESTORS
Reported 23 days ago
Agilysys, Inc. (NASDAQ: AGYS) recently launched Agilysys Book with S.P.E.N.D, a new software solution designed to boost ancillary revenues for hotels by enabling guests to book comprehensive packages that include various amenities such as spas, dining, and activities. This innovative tool not only facilitates real-time upselling during reservations but also enhances guest satisfaction through tailored selections, making it scalable for all types of hospitality properties.
Source: YAHOO
Reported 23 days ago
BlackLine, Inc. (NASDAQ:BL) has appointed Sam Balaji to its board of directors, bringing over 30 years of leadership experience from his tenure as CEO of Deloitte Consulting. His background includes overseeing more than 100 mergers and acquisitions, which aligns with BlackLine’s expansion of its financial platform. The company reported strong first-quarter results with earnings per share of $0.49, surpassing estimates, and a 6% revenue increase to $166.9 million.
Source: YAHOO
Reported 23 days ago
BofA Securities has raised its price target for Amplitude, Inc. (NASDAQ:AMPL) from $13 to $15 while maintaining a Buy rating after a recent investor meeting discussing the launch of its agentic AI product. The company is optimistic about its potential in the $50 billion digital analytics market, highlighting a 10% year-over-year revenue growth in Q1 2025 and the positive reception of its new Guides and Surveys product. Despite its potential, some analysts suggest other AI stocks may provide greater returns with lower risk.
Source: YAHOO
Reported 23 days ago
Strategy Incorporated (NASDAQ:MSTR) has added $1 billion worth of Bitcoin to its portfolio by acquiring 10,100 BTC during the week ending June 15, as tensions from the Israel-Iran conflict impact the markets. The purchase took advantage of Bitcoin's drop in price from $110,000 to $103,639, and follows the trading debut of Strategy's third bitcoin-backed preferred stock on NASDAQ. This brings the company's total Bitcoin holdings to 592,100 BTC, valued at approximately $41.8 billion.
Source: YAHOO
Reported 23 days ago
SailPoint Technologies Holdings (SAIL) has seen its price target increased to $26 by JPMorgan, which maintains a 'Neutral' rating on the stock. The lift follows a strong quarterly performance post-IPO, with the company reporting a 30% year-over-year growth in annual recurring revenue, attributed to both new customer acquisition and existing client expansion. Despite challenging economic conditions, SailPoint remains robust, driven by increased customer demand and product innovation.
Source: YAHOO
Reported 23 days ago
Mizuho has increased its target price for Check Point Software Technologies Ltd (CHKP) from $230 to $240 while maintaining a 'Neutral' rating. This adjustment reflects an improvement in the company's multiples and comes after the announcement of its acquisition of Veriti Cybersecurity. Despite current favorable conditions, Mizuho emphasizes the need for Check Point to demonstrate its ability to accelerate growth.
Source: YAHOO
Reported 23 days ago
DA Davidson has raised its price target for Shopify (NASDAQ:SHOP) to $125 from $115 while retaining a Buy rating, following the company’s strong Q1 2025 results showcasing 26.5% revenue growth. Analysts believe Shopify is more resilient than expected, with AI expected to boost merchant engagement. Despite increased competition, DA Davidson maintains confidence in Shopify’s market leadership, valuing the stock at 12 times projected 2026 revenue as the company continues enhancing its e-commerce capabilities.
Source: YAHOO
Reported 23 days ago
UBS has reaffirmed a 'Neutral' rating on Automatic Data Processing (ADP), lowering the price target from $323 to $315 following updates from the company’s investor day. ADP adjusted its revenue growth expectations to 6-7% and earnings per share growth to 9-11%, reflecting a decrease from previous forecasts. Despite ADP's strong market share in human capital management, UBS is cautious about its long-term growth due to technology investment impacts on margins.
Source: YAHOO
Reported 23 days ago
RBC Capital has reaffirmed its 'Outperform' rating for Fair Isaac Corp (FICO) and set a price target of $2,170 as of June 13, following the release of the Federal Housing Finance Agency's 2024 Annual Report. The report did not present any updated information on credit scoring systems, nor new requirements for FICO Scores or VantageScore. Despite this lack of new information, RBC remains positive about FICO's growth potential, though it notes that some AI stocks may offer more upside.
Source: YAHOO
Reported 23 days ago
ANSYS, Inc. is encountering obstacles in its planned $35 billion merger with Synopsys, Inc. due to a postponement by China's regulatory authorities. The State Administration for Market Regulation had initially set a timeline for approval but halted the process amid heightened US chip export controls. Despite receiving clearance from both US and EU regulators, the merger’s future in China hinges on Synopsys addressing the concerns of Chinese regulators.
Source: YAHOO
Reported 23 days ago
Oracle Corporation has introduced the Oracle Defense Ecosystem to facilitate the integration of advanced AI and cloud technologies in government and military operations, aiming to bolster national security. The initiative provides support for defense innovators, including collaboration opportunities, access to Oracle Cloud Infrastructure, and assistance with defense procurement. Initial members include various AI and security firms, and the program offers benefits such as discounted access to AI platforms, compliance guidance, and showcases in the Oracle Cloud Marketplace.
Source: YAHOO
Reported 23 days ago
Salesforce Inc. has introduced Marketing Cloud Next, an integrated platform that combines multiple marketing technologies to address fragmentation in the field. Unveiled during a recent event in Chicago, the solution incorporates AI capabilities for engaging with customers through chats, texts, and emails, as well as for drafting marketing campaigns. Analysts from Stifel have reiterated a 'Buy' rating on Salesforce stock, highlighting its potential in the market.
Source: YAHOO