Reported 25 days ago
Mexico's antitrust authority, Cofeco, has concluded its multi-year investigation against Alphabet Inc. (GOOG), which alleged that Google coerced advertisers into using its services, potentially giving it an unfair edge in digital advertising. The resolution spares Google from facing a hefty fine, estimated at 8% of its Mexican revenue, which surpassed $20 billion in 2024. Google welcomed the decision, asserting that their products empower advertisers with freedom and control.
Source: YAHOO
Reported 25 days ago
Japan's government intends to decrease super-long bond sales by approximately 10% in a move to address market oversupply concerns, following weak demand and rising yields. This adjustment will lead to a reduction in the total planned bond issuance for the year, balancing the sales of long-term bonds with increased issuance of shorter-term securities. Additionally, the Bank of Japan's recent tapering signal adds to caution in the bond market, with the revised plan aimed at enhancing market stability.
Source: YAHOO
Reported 25 days ago
The U.S. Federal Trade Commission (FTC) is set to review Omnicom Group's $13.25 billion acquisition of The Interpublic Group of Companies (IPG) due to concerns over potential political bias in advertising placements. The merger, announced in December 2024, is expected to create the largest advertising entity globally, with combined revenues surpassing $25 billion. The FTC's scrutiny aims to ensure fair competition within the digital ad market.
Source: YAHOO
Reported 25 days ago
Broadcom has swiftly ascended to the trillion-dollar club and currently boasts a market cap of $1.2 trillion, positioning it as the seventh-most-valuable company in the S&P 500. With a remarkable growth rate fueled by demand for its custom AI chips, some analysts question whether Broadcom should replace Tesla in the Magnificent Seven, a group of highly influential tech companies. As Broadcom's revenue from AI continues to surge, discussions arise about possibly expanding the group to include an eighth member to reflect current tech trends.
Source: YAHOO
Reported 25 days ago
Wells Fargo has increased the price target for HF Sinclair Corporation (NYSE:DINO) from $34 to $38 while maintaining an 'Equal Weight' rating. This decision, made on June 11, 2025, is attributed to seasonal influences and narrowing crude differentials, with large refiners being more resilient to market fluctuations compared to mid-sized firms. HF Sinclair has consistently outperformed earnings expectations, showcasing its strong operational capability.
Source: YAHOO
Reported 25 days ago
LiveRamp Holdings, Inc. has teamed up with Walgreens Advertising Group to utilize its extensive first-party data from over 101 million loyalty members, aiming to create more personalized and measurable advertising campaigns. This collaboration is expected to improve media performance through enhanced interoperability, flexibility, and greater control, ultimately benefiting both brands and their media partners. LiveRamp provides a data connectivity platform that upholds consumer privacy while offering various marketing solutions.
Source: YAHOO
Reported 25 days ago
Wells Fargo has increased the price target for Sprinklr, Inc. (NYSE:CXM) from $6 to $7 while maintaining an 'Underweight' rating due to the company's recent 4% subscription revenue growth. However, concerns about decreasing new deals and a declining number of large customers raise doubts about future growth potential. The analyst warns that the new price target suggests limited upside and highlights the need for Sprinklr to address its challenges while leveraging its advertising platform.
Source: YAHOO
Reported 25 days ago
Integral Ad Science (IAS) has partnered with Lyft Media to provide third-party advertising measurement for its in-app inventory, marking a significant step towards improving media quality and transparency for advertisers. This collaboration will help validate ad viewability, identify fraudulent traffic, and ensure that advertisements reach genuine audiences, thus enhancing confidence in media purchases. IAS aims to leverage this partnership to solidify its position in the rapidly evolving in-app media landscape.
Source: YAHOO
Reported 25 days ago
Needham has raised the price target for Yext, Inc. (YEXT) to $10, citing strong quarterly performance and positive expectations for the new product Scout. Currently trading at $8.12, analysts believe the company is undervalued and anticipate favorable macroeconomic conditions will boost revenue as the product gains traction in the market.
Source: YAHOO
Reported 25 days ago
Criteo S.A. (CRTO) reached a 52-week low of $24.87 on June 13, 2025, due to ongoing uncertainties in the advertising technology sector, which have led to a 35.27% decline in stock value over the past year. Despite this, Criteo announced a partnership with Dentsu to enhance its digital marketing capabilities through AI tools, reflecting a commitment to navigating industry challenges. Analysts have downgraded its stock amid these macroeconomic pressures, but the company's recent performance remains promising.
Source: YAHOO
Reported 25 days ago
The AES Corporation (NYSE:AES) announced the successful completion of Phase 1 of its Bellefield solar-plus-storage project in California, adding 500 MW of storage capacity under a 15-year agreement with Amazon. This milestone reinforces AES's 2025 outlook, as the project will power 467,000 homes and reduce over 1 million metric tons of CO2 emissions annually. The second phase is scheduled for completion in 2026, contributing positively to the company’s financials and solidifying its position in the energy transition.
Source: YAHOO
Reported 25 days ago
Brown-Forman Corporation (BF-B) is nearing its 52-week low as Truist Financial has revised its price target from $35 to $25, maintaining a 'Hold' rating due to disappointing Q4 2025 performance with a 5% decline in net sales year-over-year. Despite positive results for brands like Woodford Reserve and Diplomatico, challenges in international markets and the tequila segment are significant. The company's strategic initiatives have achieved savings, but broader market conditions are impacting its stock appeal.
Source: YAHOO
Reported 25 days ago
Regeneron Pharmaceuticals, Inc. (REGN) received a ‘Hold’ rating from Wells Fargo, which set a stock price target of $580 due to the company's shifting growth strategy. Key analyst Mohit Bansal pointed out that the resubmission of the Eylea HD pre-filled syringe for FDA review is unlikely to have a significant financial impact, as Eylea's older formula saw a drastic sales decline. While Regeneron’s newer products like Dupixent are performing well, regulatory delays continue to weigh on investor sentiment, prompting a cautious outlook amidst short-term challenges.
Source: YAHOO
Reported 25 days ago
Source: BARRONS
Reported 25 days ago
Source: WSJ
Reported 25 days ago
Source: WSJ
Reported 25 days ago
This week, speculation over potential U.S. military action in the Middle East has kept investors on edge, overshadowing critical central bank meetings that may impact growth and inflation forecasts. President Trump's ambiguous statements regarding U.S. involvement with Israel against Iran have heightened uncertainty in the markets. As global stocks retreat from a recent rally, concerns persist about stalled trade negotiations and rising inflation pressures that central banks may need to address in their upcoming rate decisions.
Source: YAHOO
Reported 25 days ago
Redemption Bank, recently established through the acquisition of Utah's Holladay Bank & Trust by Redemption Holding Co., marks a significant milestone as the first Black-owned bank in the Rockies and the only one in the Black banking desert between Houston and Los Angeles. With approximately $65 million in assets, it aims to focus on commercial lending and support for small businesses while launching a fully digital platform by the end of summer. CEO Ashley Bell highlighted Utah's favorable business environment and a commitment to serve customers from all backgrounds as integral to their mission.
Source: YAHOO
Reported 25 days ago
Bitcoin's price rally has stalled as it fluctuates between $100,000 and $110,000 despite positive market conditions like spot ETF inflows and regulatory developments. Key selling pressure is attributed to short-term and long-term investors realizing profits, with miners also contributing to the selling. The market's stability is maintaining an equilibrium but could break out soon, while accumulating interest has slowed as investors diversify their portfolios amidst concerns about equity market performance.
Source: YAHOO
Reported 25 days ago
Foshan Haitian Flavouring & Food Co., the largest soy sauce manufacturer in China, experienced a 3.3% increase in its stock price during its trading debut in Hong Kong following a successful HK$10.1 billion ($1.3 billion) offering that attracted strong investor interest.
Source: YAHOO
Reported 25 days ago
The Bank of Japan is expected to refrain from raising interest rates this year due to its recent pessimistic economic projections, which include stagnant inflation and reduced growth forecasts affected by U.S. tariffs. Former chief economist Seisaku Kameda indicated that only a significant improvement in U.S. trade negotiations could prompt a reassessment of these forecasts, which currently predict a rise in core consumer inflation to 2.2% by March 2026, before declining. As Japan navigates a delicate economic recovery, Kameda suggests any potential rate hikes might be postponed until early next year.
Source: YAHOO
Reported 25 days ago
To generate a monthly income of $100, or $1,200 annually, from Arbor Realty Trust Inc. (NYSE:ABR) dividends, an investment of approximately $10,345—about 999 shares at $10.36 each—is required, given the current dividend yield of 11.60%. The article provides insights into dividends, potential fluctuations in stock price, and how to strategically invest for a steady income.
Source: YAHOO
Reported 25 days ago
Sunrun Inc. (NASDAQ:RUN), a leading provider of residential solar energy, experienced a significant decline in stock price, dropping 34.76% from June 10 to June 17, 2025. This downturn is attributed to proposed Senate revisions that suggest phasing out wind and solar tax credits by 2028, a move that adversely affects the solar industry and led to a downgrade from KeyBanc analyst Sophie Karp.
Source: YAHOO
Reported 25 days ago
The Thai government plans to amend its BEV subsidy regulations following challenges faced by Neta Auto Thailand, a subsidiary of China's Hozon New Energy. Due to underproduction, with only 4,000 of the required 19,000 battery electric vehicles produced, Neta Auto has had its subsidy payments impacted. In light of these difficulties, the Ministry of Finance is proposing rule changes that would require regular production updates from BEV manufacturers, enabling quicker suspension of subsidies if commitments are not met.
Source: YAHOO
Reported 25 days ago
Natural gas processing capacity in the Middle East is set to grow significantly due to rising global energy demands and a shift towards cleaner energy sources. Key players, including Saudi Arabia, Qatar, and the UAE, are heavily investing in expanding their gas processing capabilities to reduce oil dependency and meet domestic industry needs. Saudi Arabia is leading this expansion, with major projects like the Tanajib and Jafurah Phase II processing plants. Qatar and the UAE also contribute to capacity increases, highlighting the region's strategic move towards diversifying its energy resources.
Source: YAHOO