Reported 26 days ago
CrowdStrike Holdings Inc. (CRWD), a leading cybersecurity stock, has seen its share price rise over 40% year-to-date, making it a top choice among billionaires. However, increased valuation concerns have emerged as analysts suggest a more cautious approach due to a mixed outlook for the tech sector and recent downgrades by firms like Bernstein and Bank of America. While certain analysts maintain positive ratings, asserting a strong future for CRWD, potential investors are encouraged to consider alternative AI investments that may offer better upside with less risk.
Source: YAHOO
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
DraftKings Inc. has announced a $0.50 transaction fee on all bets placed in Illinois starting September 1, 2025, to address the new betting transaction tax introduced by the state legislature. Jefferies analyst David Katz believes this move could set a precedent within the industry and has maintained a Buy rating on DraftKings, with a price target of $60. CEO Jason Robins expressed disappointment over the state’s increasing tax rates but indicated readiness to rescind the fee if the tax legislation is revoked.
Source: YAHOO
Reported 26 days ago
Source: BARRONS
Reported 26 days ago
Equipment loans provide a feasible way for businesses to finance necessary equipment without tying up large amounts of cash. They generally have lower approval requirements and can enhance credit scores, while also offering potential tax benefits. However, they come with limitations such as the need for a down payment, maintenance costs, and the risk of losing the leased equipment if payments are missed. Before opting for an equipment loan, it’s essential for business owners to weigh these pros and cons.
Source: YAHOO
Reported 26 days ago
Purchasing a home with bad credit is challenging but possible. You can secure a mortgage even with a credit score as low as 500, although it typically comes with higher interest rates. To improve your chances, it's essential to check for errors in your credit report, reduce existing debt, shop around for lenders, and consider having a co-signer. Different loan types have varying credit score requirements, and an FHA loan might be a viable option for those with a score of 580 or above. Ultimately, preparing financially can make homeownership attainable even for those with poor credit.
Source: YAHOO
Reported 26 days ago
Marvell Technology is gaining attention as analysts praise its innovative AI chip developments, while alcohol stocks like Constellation Brands and Molson Coors anticipate changes in US alcohol consumption guidelines, potentially benefiting their sales. Additionally, Nucor has provided an optimistic earnings outlook following increased steel tariffs, forecasting better profits across its operations.
Source: YAHOO
Reported 26 days ago
The market capitalization of stablecoins has soared to a new high of $251.7 billion, a 22% increase this year, following the U.S. Senate's approval of a bill to regulate the sector. This legislation marks a significant step for stablecoins, which are cryptocurrencies designed to maintain a stable value by pegging them to the U.S. dollar. Analysts project further growth in the market as the bill proposes requirements for backing stablecoins with liquid assets and mandates transparency in reserve disclosures.
Source: YAHOO
Reported 26 days ago
The Federal Open Market Committee (FOMC) meeting concludes Wednesday with expectations that Fed Chairman Powell will announce no change to the Fed fund rate, currently at approximately 4.32%. Future rate cuts, particularly anticipated for September, have been pushed further back as the market adapts to ongoing economic conditions, including inflationary pressures and trade dynamics. Stock indexes may continue to face downward trends due to these interest rate implications, while the US dollar shows mixed signals amid changing global sentiments.
Source: YAHOO
Reported 26 days ago
PPL Corporation, a large utility company, has experienced a decline in stock value, dropping 8.9% from its 52-week high, while underperforming against the Dow Jones Industrial Average in the past three months. However, year-to-date, PPL shares have risen 3.1%, significantly outperforming the Dow's decline, and have delivered a 19.9% return over the past year, compared to the Dow's 8.9% increase. Analysts maintain a cautious outlook despite PPL's strong performance and recent quarterly earnings exceeding expectations.
Source: YAHOO
Reported 26 days ago
Source: WSJ
Reported 26 days ago
The dollar index dipped by -0.21% today as market participants await the outcome of the FOMC meeting, where interest rates are expected to remain unchanged. Weak US housing data contributed to the dollar's decline, although demand for the currency remained strong due to geopolitical tensions in the Middle East. Meanwhile, the euro and yen showed gains against the dollar, driven by their respective economic indicators and safe-haven buying amid ongoing conflicts.
Source: YAHOO
Reported 26 days ago
Apple has reclaimed its position as the top smartphone seller in China, with strong sales growth in key markets. Despite facing challenges like tariffs and competition, many analysts maintain a positive outlook on Apple's stock, suggesting potential growth opportunities. The company recently reported better-than-expected earnings, but stock performance has been volatile, prompting questions about the right time to invest in AAPL.
Source: YAHOO
Reported 26 days ago
The S&P 500, Dow Jones, and Nasdaq indices showed slight increases as investors await outcomes from the ongoing Federal Open Market Committee meeting. Bond yields dropped following disappointing housing data, while geopolitical tensions between the U.S. and Iran continue to pose risks to market stability. Despite positive movement in certain stocks like Nucor and Marvell Technology, pharmaceutical firms faced declines amid potential regulatory changes impacting their advertising practices.
Source: YAHOO
Reported 26 days ago
The Federal Reserve is expected to maintain a neutral stance with no significant policy changes, as discussed by Wells Fargo’s Brian Rehling. He argues that President Trump's tax bill will have more significant consequences for investors compared to the Fed's decision, which is anticipated to be non-eventful. Investors are encouraged to watch how fiscal stimuli may affect long-term rates while managing risks inherent in the current economic climate.
Source: YAHOO
Reported 26 days ago
India's Comptroller and Auditor General (CAG) has formed a dedicated unit to audit approximately 1,600 state public sector undertakings (PSUs), aiming to enhance the efficiency and speed of audits. This initiative will streamline the auditing process, consolidating information across PSUs for better transparency. CAG is also integrating digital technologies like generative AI and optical character recognition to improve accuracy in audits. Key discussions on this development will occur at the upcoming State Finance Secretaries Conference in September 2025.
Source: YAHOO
Reported 26 days ago
Prenetics Global Limited has announced the acquisition of $20 million in Bitcoin, purchasing 187.42 BTC at an average price of $106,712 each, to strengthen its long-term Bitcoin treasury strategy. This initiative, approved by the Board, aims to allocate significant portions of the company's balance sheet to Bitcoin, while also implementing various alpha-generating strategies. The company plans to accept cryptocurrency payments across its consumer platforms and is focused on transforming corporate treasury management in the digital era.
Source: YAHOO
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
French company TP, formerly Teleperformance, has announced plans to return €1.5 billion to shareholders by 2028, leveraging AI advancements to enhance its services. The firm anticipates automating a third of its operations in the next three years and aims for a 15.5% EBITDA margin in 2028. Additionally, it will launch an AI orchestration platform, TP.ai FAB, while implementing a cost-cutting strategy following a debt increase due to consolidation.
Source: YAHOO
Reported 26 days ago
In May, U.S. single-family homebuilding rose 0.4% to an annual rate of 924,000 units, according to the Commerce Department, although permits for future construction fell by 2.7% to 898,000. Despite the increase in starts, the housing market faces challenges from rising construction costs due to tariffs and higher mortgage rates, leading to decreased builder sentiment and a potential decline in future construction.
Source: YAHOO
Reported 26 days ago
Better Sour, a US-based start-up specializing in clean-label gummies, has received investment from Taste Tomorrow Ventures, which will aid in their growth. Founded in 2023 by Bella Hughes and Semira Nikou, Better Sour focuses on plant-based, fruit and vegetable-derived ingredients for their sour candies. The brand currently sells in over 3,300 stores and aims to enhance its market presence with this funding.
Source: YAHOO
Reported 26 days ago
Material Facts Collective最近推出了一款可持续数据工具包，这是基于由英国户外品牌Rab开发的Material Facts方法论的扩展。该工具包汇集了来自英国、欧洲、美国和加拿大的多个品牌和零售商的贡献，旨在为消费者和零售商提供标准化和透明化的产品数据，支持符合即将出台的环境、社会与治理（ESG）法规的采购决策。工具包包括方法论文档、计算模板、未来标准的说明以及交流指南，以帮助品牌有效地展示其可持续性数据。
Source: YAHOO
Reported 26 days ago
Cirql与Frasson的合作旨在增强其在欧盟市场分销的先进回收聚合物(rTPU)技术用于鞋子的中底和外底。该合作将助力将可持续材料和组件纳入Cirql的产品中，推动鞋类行业朝向更环保的解决方案。Cirql高管表示，此次合作是公司扩展欧洲市场的重要里程碑，Frasson将作为EU的认证合作伙伴，负责技术鞋组件的开发与生产。
Source: YAHOO