As an Amazon Associate I earn from qualifying purchases.

Business - Page 11

Constellation Brands Inc (NYSE:STZ) Position Decreased by SouthState Corp
2025-08-10

Constellation Brands Inc (NYSE:STZ) Position Decreased by SouthState Corp

SouthState Corp cut its position in shares of Constellation Brands Inc (NYSE:STZ – Free Report) by 28.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,016 shares of the company’s stock after selling 8,841 shares during the quarter. SouthState Corp’s holdings in Constellation [...]

2025-08-10

New chatbot on Trump’s Truth Social platform keeps contradicting him - The Washington Post

New chatbot on Trump’s Truth Social platform keeps contradicting him The Washington PostTruth Social's Perplexity search comes with Trump-friendly media sources AxiosTrump's Truth Social is getting its own AI search engine — powered by Perplexity Business InsiderDonald Trump’s company is working to bring AI search to his Twitter alternative The Times of IndiaTrump Media and Perplexity team up for 'Truth Search AI,' a new tool in the fight against 'Big Tech's assault on free speech' Yahoo! Tech

Donald Trump's 401(k) Executive Order Brings Major Changes — and Potential Risks for Your Retirement
2025-08-10

Donald Trump's 401(k) Executive Order Brings Major Changes — and Potential Risks for Your Retirement

President Donald Trump‘s executive order could potentially expose 401(k) retirement plans to the risks of private equity investments.What Happened: Trump’s executive order, signed last week, makes it easier for alternative investments, including private equity, to be added to 401(k) accounts. This move has alarmed some experts who believe 401(k) should remain a simple, low-risk investment vehicle.Private equity investments, often concentrated in a few portfolio companies, are less liquid than stocks and bonds, and carry valuations that can be challenging to measure daily, reports the Insider. Jeffrey Hooke, professor at the Johns Hopkins Carey Business School, voiced his concerns, stating, “Private equity kind ...Full story available on Benzinga.com

2025-08-10

Africa Set To Test Critical-Minerals-Backed Currency

Africa Set To Test Critical-Minerals-Backed Currency Authored by Darren Taylor via The Epoch Times (emphasis ours),Major countries and regional blocs in Africa are throwing their weight behind an ambitious plan to establish a “non-circulating” currency backed by critical minerals, which are crucial to technological development, defense, and economic growth.A miner displays diamonds dug out of a disused mine in Komaggas, South Africa, in June 2012. Alexander Joe/AFP/Getty ImagesAnalysts say a denomination based on commodities could reduce Africa’s reliance on foreign currencies—especially the U.S. dollar—and decrease its dependence on loans from China, Europe, the United States, and global financial institutions like the World Bank.The proposed monetary unit is provisionally called the African Units of Account (AUA), according to a plan formulated by the African Development Bank (AfDB) and KPMG South Africa.The new currency is supported by the African Union and South Africa, the continent’s biggest economic power, and could soon be piloted in a test market.The proposal says the AUA would be traded on the international foreign exchange market, and would be less susceptible to fluctuations in individual African currencies or the U.S. dollar, making it more attractive to investors.Economists say the backing of the currency with mineral reserves could reduce the risk perceived by lenders, potentially leading to lower interest rates on loans for development projects, especially in Africa’s energy sector.While some in Africa’s mining industry are optimistic about the potential of such a currency, others warn that China could “weaponize” it, given Beijing’s dominance in global critical minerals supply chains.The International Energy Agency and other organizations project that demand for critical minerals like cobalt, copper, platinum, and lithium will spike fourfold shortly, with global powers in a race to secure supplies.Africa is at the center of the competition.It’s the world’s poorest and least developed region, but it holds almost a third of global reserves of critical minerals, according to the International Monetary Fund.The minerals are essential for modern technologies like smartphones and computers, in electricity grids, and in weapons such as missile systems, fighter jets, and warships.U.S. President Donald Trump regards critical minerals as vital to the future of the United States, and he wants to secure supply chains as soon as possible.The United States Geological Survey (USGS) lists 50 minerals essential to America’s economy and national security, including cobalt, lithium, manganese, platinum, tantalum, tungsten, and vanadium.Most are found in Africa.South Africa, for example, is the world’s largest producer of manganese and platinum; Zimbabwe is one of the world’s top lithium producers, and the Democratic Republic of Congo (DRC) mines approximately 70 percent of the world’s cobalt.“A well-managed and structured critical minerals currency could strengthen Africa’s hand in global resources markets and free it to leverage its abundant natural resources,” said Moeletsi Mbeki, a South African economist.This, he told The Epoch Times, is especially important at a time when the continent seeks to mitigate economic damage from global uncertainty caused by conflicts and “market turmoil.”“If we consider the tariffs that Trump’s slapping around, and global trade wars happening now and in the future, maybe this new currency could prevent Africa from being collateral damage,” said Mbeki.The AfDB and KPMG proposal said the currency would be backed by a basket of some of Africa’s most important critical minerals, and would be part of an initiative to create “a more unified and stable financial system.”The framework document suggested that key producers of critical minerals pledge a pre-agreed proportion of proven commodity reserves to “promote regional financial integration, co-operation and cross-border trade.”Moono Mupotola, AfDB director in Southern Africa, told The Epoch Times the bank is deciding on the minerals to be included in a “test” and is set to select a “pilot country” where a study of the feasibility of the new currency will happen.Mbeki said the currency could help Africa take ownership of its critical minerals and their processing.“We have all these minerals, but we don’t benefit much from them, because Africa’s value chain is so weak,” he explained.“We process less than five percent of minerals domestically, which means the real profits are earned by foreigners, especially China.“If we can use a common currency to unite Africa’s mining industries and their governments, it’s a real step towards more independence and greater local beneficiation and profits going into African pockets.”Professor Hambaba Jimaima, international relations researcher at the University of Zambia, said Africa’s steps toward the currency are an indication that it wants as much economic independence as possible from both China and the West, as it prepares to be a prominent player in world affairs.“Africa’s tired of being beholden to the West for aid and trade and to China for investment and loans,” he told The Epoch Times. “It wants to use critical minerals and a currency connected to them as a basis for industrialization and greater political clout.“Africa has given away control of critical minerals to China. Africa wants this control back. It wants to mine and refine its own resources. Critical minerals are Africa’s trump card. The currency must be seen in this light.”But other experts, like Ugandan economist and the East African country’s former finance minister, Ezra Suruma, are skeptical.“Critical minerals are not yet the safe investment that gold is,” he told The Epoch Times. “Prices are volatile. If there’s more stability, then certainly the idea of a critical minerals currency is worth investigating.”Frank Blackmore, KPMG South Africa lead economist, told The Epoch Times several factors hamper the creation of a resource-based currency.“It’s going to take a long time for most African producers to reap full reward from their critical minerals,” he said.“A lot of places don’t have adequate electricity; transport nodes are rundown. All of this counts against production. There are also shortages of skilled labor.”Mbeki suggested, though, that the initial pool of minerals be used as collateral to fund development and industrialization.“That fund could be used to encourage locally-controlled exploration and mining,” he said.Mbeki also warns that China, as much as it often declares itself dedicated to African progress, could yet be “a fly in the ointment” in the establishment of a critical minerals-backed currency.“China doesn’t usually support plans that could erode its power,” said the economist. “I can foresee the Chinese not being very cooperative in this regard, and they could even weaponize the currency to try to make sure that African countries toe their lines.“As long as the Chinese have so much power in critical minerals supply chains, this new currency is on shaky ground.” Tyler DurdenSun, 08/10/2025 - 10:30

Best Crypto to Buy in 2025: Cold Wallet, Tron, VeChain, & Avalanche
2025-08-10

Best Crypto to Buy in 2025: Cold Wallet, Tron, VeChain, & Avalanche

Explore the best crypto to buy in 2025. Cold Wallet, Tron, VeChain, and Avalanche offer unique paths to growth and rewards.

Top Romantic Series to Watch on Paramount Plus Right Now
2025-08-10

Top Romantic Series to Watch on Paramount Plus Right Now

Searching for the best romantic series to watch? Paramount Plus is currently streaming these popular romantic TV shows. Explore now!

Sam Altman says Gen Z are the ‘luckiest’ kids in history thanks to AI, despite mounting job displacement dread
2025-08-10

Sam Altman says Gen Z are the ‘luckiest’ kids in history thanks to AI, despite mounting job displacement dread

The OpenAI CEO said he's more worried for 62-year-olds than 22-year-olds, because they often don't "want to go retrain or reskill or whatever the politicians...

2025-08-10

The Estate Tax Mistake That Can Cost Families Millions - The Wall Street Journal

The Estate Tax Mistake That Can Cost Families Millions The Wall Street Journal

Wall Street Review: IPOs and Tariff Relief Cause Stocks to Roar Back
2025-08-10

Wall Street Review: IPOs and Tariff Relief Cause Stocks to Roar Back

Bargain hunting, hopes for interest rate cuts, relief over the expiration of the tariff deadline, and positive corporate headlines buoyed market bulls.

2025-08-10

Cottage Grove Bakery Expands from Popular Pop-Up to Delivering Fresh-Baked Breakfast Pastries Across Lake Norman

MOORESVILLE, N.C., Aug. 9, 2025 /PRNewswire/ -- After earning a loyal following as a breakfast pastry vendor at Lake Norman-area car shows and community events, Cottage Grove Bakery—founded by local pastry chef Nicola "Nikki" Maglodi—is now expanding to offer direct delivery of...

Tesla halts $500M Dojo project, Buffalo supercomputing plans in limbo
2025-08-10

Tesla halts $500M Dojo project, Buffalo supercomputing plans in limbo

Tesla CEO Elon Musk announced the shutdown of the Dojo supercomputer project in Buffalo.

2025-08-10

Tesla halts the $500M Dojo project, Buffalo supercomputing plans in limbo - WGRZ

Tesla halts the $500M Dojo project, Buffalo supercomputing plans in limbo WGRZTesla to streamline its AI chip design work, Musk says ReutersTesla Disbands Dojo Supercomputer Team in Blow to AI Effort Bloomberg.comTesla exec leading development of chip tech and Dojo supercomputer is leaving company CNBCTesla Is Suffering Dojo Brain Drain. Why the Stock Went Up. Barron's

2025-08-10

How Kentucky bourbon went from boom to bust - BBC

How Kentucky bourbon went from boom to bust BBCMultiple Kentucky Whiskey Distilleries File for Bankruptcy NewsweekKentucky’s $9B whiskey industry in crisis as Gen Z drinkers shun bourbon, tariffs take toll New York PostPopular Kentucky Whiskey Distilleries Are Filing for Bankruptcy—Here's What to Know AOL.comPopular Kentucky Whiskey Distilleries Are Filing for Bankruptcy—Here’s What to Know parade.com

2025-08-10

OPTICSFORUMS2025

The objective of OPTICSFORUM2025 is to provide a world class platform to present and discuss all the latest research and results of [...]The post OPTICSFORUMS2025 appeared first on Canadian Mining Journal.

2025-08-10

Dr. Thomas Pane Answers a Common Question: Do I Need a Tummy Tuck or Just Liposuction?

In a recent video Q&A, board-certified plastic surgeon Dr. Pane breaks down the differences between tummy tuck, revision surgery, and liposuction, helping patients choose the right path after weight loss or prior surgery. NORTH PALM BEACH, Fla., Aug. 9, 2025 /PRNewswire/ -- Many patients...

2025-08-10

Freight demand on shaky footing as import bookings drop

Two of the three primary freight demand indicators have fallen into significant slides with only intermodal holding up, but for how long?The post Freight demand on shaky footing as import bookings drop appeared first on FreightWaves.

2025-08-10

Safe2core Inc. Celebrates 15 Years in Business in San Jose, California

Safe2core Specializes in Ground Penetrating Radar, Concrete Scanning, Concrete Cutting and Many Other Services SAN JOSE, Calif., Aug 9, 2025 /PRNewswire/ -- Antonio Guzman, Founder of Safe2core Inc., is pleased to announce that his company has reached a very significant milestone: 15...

CASY: Built For Small-Town Dominance
2025-08-10

CASY: Built For Small-Town Dominance

The main indices demonstrated their robustness last week, bouncing back after another tariff tremor.

The BMF System Pays Again Even After Tariff Tremor
2025-08-10

The BMF System Pays Again Even After Tariff Tremor

The main indices demonstrated their robustness last week, bouncing back after another tariff tremor.

1 Magnificent Growth Stock Down 72% to Buy and Hold Forever
2025-08-10

1 Magnificent Growth Stock Down 72% to Buy and Hold Forever

Since January 2025, the USDCHF forex pair, like the U.S. dollar in general, has been in a bearish sequence. This bearish run continued the September/October 2022 bearish cycle after a five-month recovery between September 2024 and January 2025.

Up 49% in 1 Month, Is Ethereum a Screaming Buy Right Now?
2025-08-10

Up 49% in 1 Month, Is Ethereum a Screaming Buy Right Now?

Carnival, Lyft, and Peloton could be undervalued turnaround plays.

USDCHF July Rally Stalls At Blue Box, Sellers Gain Advantage
2025-08-10

USDCHF July Rally Stalls At Blue Box, Sellers Gain Advantage

Since January 2025, the USDCHF forex pair, like the U.S. dollar in general, has been in a bearish sequence. This bearish run continued the September/October 2022 bearish cycle after a five-month recovery between September 2024 and January 2025.

The Donald Trump Administration Aims to Kickstart a New Social Security Garnishment "Sometime This Summer" -- Will Your Benefit Be Cut?
2025-08-10

The Donald Trump Administration Aims to Kickstart a New Social Security Garnishment "Sometime This Summer" -- Will Your Benefit Be Cut?

As the stock market soars ever higher, the theories of why it rises have suffered the opposite fate.

2 Magnificent Stocks to Buy That Are Near 52-Week Lows
2025-08-10

2 Magnificent Stocks to Buy That Are Near 52-Week Lows

I find it somewhat ironic that the research series of CPS data adjusted to NFP concept arose in the wake of the 2002-03 recovery when conservative economic pundits argued the establishment series was mismeasuring the jobs recovery.

Nvidia Laps The Stock Market
2025-08-10

Nvidia Laps The Stock Market

In the latest trading session, Nvidia closed at $182.74, marking a +1.09% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.78%. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.98%.

2025-08-09

Thousands without power due to storm - Thunder Bay News - TBNewsWatch.com

Thousands without power due to storm Thunder Bay News - TBNewsWatch.com

UPS extends buyout offer deadline after low driver interest
2025-08-09

UPS extends buyout offer deadline after low driver interest

Driver subscriptions for UPS’s buyout offer are lower than expected, forcing the company to give workers more time to make a decision.The post UPS extends buyout offer deadline after low driver interest appeared first on FreightWaves.

Peloton Shares Surge 20% on Surprise Profit, Turnaround Optimism
2025-08-09

Peloton Shares Surge 20% on Surprise Profit, Turnaround Optimism

Peloton's shares surged over 20% on August 7, 2025, hitting a one-year high after reporting a surprise $0.05 per share profit and $607 million revenue, driven by cost cuts and strong cash flow. Analysts upgraded ratings amid turnaround optimism, though subscriber growth remains modest. This signals potential recovery in connected fitness.

BigBear AI (BBAI) Snaps Losses with 8% Gain as Investors Positive Ahead of Earnings
2025-08-09

BigBear AI (BBAI) Snaps Losses with 8% Gain as Investors Positive Ahead of Earnings

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. BigBear.ai Holdings Inc. (NYSE:BBAI) is one of the best-performing stocks on Friday. BigBear snapped a three-day losing streak on Friday, adding 8.02 percent to close at $7.14 apiece as investors repositioned portfolios ahead of the release of its earnings performance. According to [...]

2025-08-09

Lawmakers urge Meta to shut down Instagram Map: "abysmal" at protecting children - Axios

Lawmakers urge Meta to shut down Instagram Map: "abysmal" at protecting children AxiosWhat is Instagram map? How to turn location feature on and off USA TodayWhy People Are Freaking About Instagram’s New Maps Feature—and How To Turn It Off VICESenators urge Meta to roll back Instagram Map feature that sparked uproar NBC NewsWhat to Know About Instagram Map, Location Sharing and Privacy Concerns The New York Times

Quavo's AI-Powered Platform Grabs $300M To Combat Mounting Financial Fraud
2025-08-09

Quavo's AI-Powered Platform Grabs $300M To Combat Mounting Financial Fraud

Fraud and dispute management provider Quavo has secured $300 million from private investment firm Spectrum Equity. At the same time, prior investor FINTOP Capital is selling its stake. Significant shareholders after the departure will include Pegasystems and four executives who founded the company. The Wilmington, Delaware fintech sells software-as-a-service products that "automate and manage fraud and dispute management for financial institutions." According to the company, it processes over 12.5 million customer disputes annually for a broad spectrum of financial institutions, including global issuers, credit unions and regional banks, and says its revenue has grown 60% annually since 2022 and 100% in the last year.Don't Miss:The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share.Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM—Secure $0.63 Shares Before 8/14 The capital infusion follows an initial seed round in 2020 and three Series A rounds between 2021 and 2023, totaling $11 million. Actual cash raised in the seed round was not undisclosed. "Quavo is uniquely positioned to drive automation benefits and better outcomes in ...Full story available on Benzinga.com

4 Top Presale Coins to Buy Now: Cold Wallet, Bitcoin Hyper, TOKEN6900, & Snorter!
2025-08-09

4 Top Presale Coins to Buy Now: Cold Wallet, Bitcoin Hyper, TOKEN6900, & Snorter!

Discover top presale coins to buy now like Cold Wallet, Bitcoin Hyper, TOKEN6900, and Snorter, each offering real-world utility, reward systems, and strong growth potential.

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025
2025-08-09

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025 Authored by Michael Snyder via The Economic Collapse blog,If everything is going to be just fine, why are thousands of stores closing all over the country? So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet. We have never seen anything like this before. Store closings spiked during the early days of the pandemic, but in 2025 stores are being permanently shuttered at an even faster pace. In fact, during the first six months of this year 5,822 store closures were recorded...Store closures across the U.S. continue to rise, and remain on track to far significantly surpass both new openings and the figures seen in 2024.According to a new report from research and advisory firm Coresight Research, cited by CoStar News, 5,822 store closures were recorded as of June 27, compared to 3,496 closures announced during the same period of 2024.If stores continue to close at this rate, we will break the old record that was established during the pandemic by a wide margin.We are also being told that the total amount of retail space that has been permanently shuttered in 2025 has reached a staggering 120 million square feet...In June, store closings by Plano, Texas-based home goods seller At Home and Philadelphia-based pharmacy chain Rite Aid, which have both filed for Chapter 11 bankruptcy protection, “pushed the total amount of retail space to close in the U.S. this year to over 120 million square feet,” Coresight said. The real estate churn is happening “as cyclical impacts confront structural shifts,” according to one executive at the research firm.Wow.You may have noticed that there are an increasing number of abandoned buildings in your particular area.Sadly, this is just the beginning.Consumers are under more financial stress than we have ever seen, and that has resulted in a substantial decline in store traffic...Many of the retail store closures are a result of declining store traffic as more consumers respond to inflation by reducing spending. There also are more consumers turning to online shopping especially for apparel, accessories and household items. The winner is not merely Amazon but increased competition from Temu and Shein marketplaces and social commerce outlets like TikTok.Needless to say, more stores are being closed down with each passing day.After filing for Chapter 11 bankruptcy protection, Claire’s announced that it will be closing 18 more stores...Claire’s, a mall-based teen accessories retailer, has identified several locations across the country it plans to close after filing for Chapter 11 bankruptcy protection.Claire’s U.S., which operates Claire’s and Icing stores, made the filing in the U.S. Bankruptcy Court in Delaware on Wednesday. It’s the second time since 2018 the company has filed for bankruptcy.While the company says the majority of its retail stores will remain open while it “continues to explore all strategic alternatives,” Claire’s said it identified 18 stores ahead of the Aug. 6 bankruptcy filing it would close, filings show.And home goods retailer At Home just announced that it will be closing 6 more stores...The home goods retailer At Home is closing an additional six stores across the country, bringing its total closure tally to more than two dozen as it grapples with high debt and dwindling sales.The furniture and home decor retailer based in Coppell, Texas, filed for Chapter 11 bankruptcy on June 16, pointing to “broader economic and retail-specific market pressures,” in court documents. The bankruptcy filing and store closures follow several other “big box” retailers that have also significantly downsized their brick-and-mortar footprints this year, including Big Lots, Joann Fabrics, Kohl’s, JCPenney, Macy’s, and Party City.The retailer intially announced 26 store closures in June, before paring that down to 24 when it decided to keep open two stores in New Jersey and Wisconsin. The company added another six stores to the list, according to a statement by retail firm Hilco Consumer-Retail on Aug. 1, bringing the current number of stores it will shutter in the coming months to 30.We see more stories like this every single day.So what is going to happen if our economic momentum continues to take us very rapidly in the wrong direction?Earlier today, we learned that the percentage of student loans entering serious delinquency is absolutely exploding...The total amount of outstanding student loan debt was $1.64 trillion in the second quarter of 2025 after rising by $7 billion in the quarter.Additionally, the share of student loan debt entering serious delinquency, considered 90 days or more late, jumped to 12.9% at the end of June, up from 8% in March and above pre-pandemic trends that were around 9-10% from 2012 into early 2020, when the moratorium initially took effect.The American people are drowning in debt, and I expect delinquency rates of all types to continue to rise in the months ahead.We are going to see more layoffs too, and the fact that continuing claims for unemployment benefits just hit their highest level since 2021 is not a good sign at all...Recurring applications for unemployment benefits surged to the highest since November 2021, adding to recent signs that the labor market is weakening.Continuing claims, a proxy for the number of people receiving benefits, rose by 38,000 to 1.97 million in the week ended July 26, according to Labor Department data released Thursday.On top of everything else, U.S. manufacturing activity is now in contraction territory...From March to July, U.S. manufacturing activity contracted, according to the Institute for Supply Management’s monthly survey. The Manufacturing PMI last registered at 48, below the 50 score that differentiates growth and decline.The effective average tariff rate on all imported goods now stands at around roughly 18% versus 2.3% last year, the highest levels since the 1930s.We are in so much trouble.After evaluating all of the latest economic numbers that have come in, Mark Zandi has come to the conclusion that the “economy is on the precipice of recession”...Mark Zandi, chief economist at Moody’s Analytics, on Monday wrote a post on X that the “economy is on the precipice of recession” – citing the weaker-than-expected jobs report released Friday and the inflation data from the previous day that showed consumer prices rose as indicating the economy’s precarious position.“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue,” he wrote.It is hard to argue with him.Of course what is eventually coming is going to be so much worse than just a “recession”.As conditions deteriorate, will store closings slow down or will they speed up?The answer to that question is obvious.If there are stores in your local area that you really enjoy, I would visit them now while you still can, because they might not be there next year.* * *Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com. Tyler DurdenSat, 08/09/2025 - 10:30

Best VPNs for Amazon Prime Video in 2025
2025-08-09

Best VPNs for Amazon Prime Video in 2025

Find out which VPNs work with Amazon Prime Video in 2025. Access more shows and movies from any country through the best VPNs like NordVPN, ExpressVPN, Surfshark, and more.

Kratos (KTOS) Jumps to New High on Higher Growth Outlook, Whopping Price Targets
2025-08-09

Kratos (KTOS) Jumps to New High on Higher Growth Outlook, Whopping Price Targets

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) is one of the best-performing stocks on Friday. Kratos Defense rallied to a new all-time high on Friday as investors cheered its higher growth outlook for full-year 2025, while taking heart from whopping price targets [...]

Gilead Sciences (GILD) Touches New Record High as 10 Analysts Turn Bullish
2025-08-09

Gilead Sciences (GILD) Touches New Record High as 10 Analysts Turn Bullish

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Gilead Sciences, Inc. (NASDAQ:GILD) is one of the best-performing stocks on Friday. Gilead Sciences jumped to a new all-time high on Friday as investors cheered its impressive earnings performance in the second quarter of the year, alongside bullish ratings and price targets from [...]

2025-08-09

Pomerantz Law Firm Announces the Filing of a Class Action Against Tesla, Inc. and Certain Officers – TSLA

NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Tesla, Inc. ("Tesla" or the "Company") (NASDAQ:TSLA) and certain officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 25-cv-01213, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Tesla securities between April 19, 2023 and June 22, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired Tesla securities during the Class Period, you have until October 4, 2025 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action]Tesla designs, develops, manufactures, leases, and sells electric vehicles and autonomous driving vehicles, as well as energy generation and storage systems, in the United States ("U.S."), China, and internationally. The Company offers certain advanced driver assist systems in its vehicles under its Autopilot and Full Self-Driving (Supervised) options which purportedly "intelligently and accurately complete[] driving maneuvers for you [i.e., the driver], including route navigation, steering, ...Full story available on Benzinga.com

Peloton Interactive (PTON) Rallies to New High on Earnings Beat, Higher Price Targets
2025-08-09

Peloton Interactive (PTON) Rallies to New High on Earnings Beat, Higher Price Targets

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Peloton Interactive, Inc. (NASDAQ:PTON) is one of the best-performing stocks on Friday. Peloton Interactive rallied for a second day on Friday, jumping 10.27 percent to close at $7.84 apiece, as investors cheered its earnings beat for the full fiscal year of 2025, alongside [...]

2025-08-09

Pomerantz Law Firm Announces the Filing of a Class Action Against iRobot Corporation and Certain Officers – IRBT

NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against iRobot Corporation ("iRobot" or the "Company") (NASDAQ:IRBT) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 25-cv-05563, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired iRobot securities between January 29, 2024 and March 11, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired iRobot securities during the Class Period, you have until September 5, 2025, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action]iRobot designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The Company's portfolio of home robots and smart home devices features proprietary technologies for the connected home and advanced concepts in cleaning, mapping and navigation. iRobot is primarily known for its robot vacuum cleaner ("RVC") products sold under the "Roomba" brand name.While iRobot's Roomba was the first commercially successful RVC, iRobot's business has steadily declined over the past decade, apart from a brief sales bump during the COVID-19 pandemic. Competitors from China undercut the luxury-priced Roomba, while other consumer electronics firms like Samsung and SharkNinja introduced their own RVCs. By 2016, iRobot's market share had dropped to 64% in 2016, and then to only 46% by 2020. Investors believed that iRobot was saved when, in August 2022, iRobot entered into a merger agreement with Amazon.com, Inc. ("Amazon") pursuant to which Amazon would acquire iRobot for $61 per share in an all-cash transaction valued at approximately $1.7 billion (the "Amazon Acquisition"). In a joint press release announcing the Amazon Acquisition, iRobot's ...Full story available on Benzinga.com

Tripadvisor (TRIP) Jumps to New High as Earnings Impress, Analysts Go Bullish
2025-08-09

Tripadvisor (TRIP) Jumps to New High as Earnings Impress, Analysts Go Bullish

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Tripadvisor, Inc. (NASDAQ:TRIP) is one of the best-performing stocks on Friday. Tripadvisor touched a new all-time high on Friday as investors gobbled up shares following an impressive earnings performance and two analysts’ reaffirmation of their bullish stance on the stock. In intra-day trading, [...]

Doximity (DOCS) Soars 14% on Strong Earnings, Merger with AI-Powered Platform
2025-08-09

Doximity (DOCS) Soars 14% on Strong Earnings, Merger with AI-Powered Platform

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Doximity Inc. (NYSE:DOCS) is one of the best-performing stocks on Friday. Doximity Inc. extended its winning streak to a third consecutive day on Friday, jumping 13.71 percent to close at $66.58 apiece as investors continued to load up positions following a strong [...]

Bitmine (BMNR) Soars 24% on Easy $423-Million Unrealized Gain From ETH’s Jump to $4K Level
2025-08-09

Bitmine (BMNR) Soars 24% on Easy $423-Million Unrealized Gain From ETH’s Jump to $4K Level

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the best-performing stocks on Friday. Bitmine Immersion extended its winning streak to a fourth consecutive day on Friday, soaring 24.59 percent to close at $51.43 apiece, as investors gobbled up shares following Ethereum’s rally past [...]

2025-08-09

AP Business SummaryBrief at 10:12 a.m. EDT

Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course

SoundHound AI (SOUN) Surges 26.4% on Strong Earnings, Higher Growth Outlook
2025-08-09

SoundHound AI (SOUN) Surges 26.4% on Strong Earnings, Higher Growth Outlook

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. SoundHound AI, Inc. (NASDAQ:SOUN) is one of the best-performing stocks on Friday. SoundHound AI snapped a two-day losing streak on Friday, soaring 26.4 percent to close at $13.55 apiece as investor sentiment was boosted by its strong earnings performance and higher growth outlook [...]

China’s Inflation Resilient but Producer Prices Hint at Deflation
2025-08-09

China’s Inflation Resilient but Producer Prices Hint at Deflation

Trade hopes may outweigh soft inflation data as markets eye August 15 economic releases.

West Side barbershop to close its doors after 2 years
2025-08-09

West Side barbershop to close its doors after 2 years

The barbershop is working with clients regarding previously booked appointments.

Trump demands $1bn from University of California over UCLA protests
2025-08-09

Trump demands $1bn from University of California over UCLA protests

President Donald Trump demanded a massive $1 billion fine from the prestigious University of California system on Friday as the administration pushed its claims of antisemitism in UCLA's response to 2024 student protests related to Gaza.

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report
2025-08-09

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report

Nvidia Corporation's (NASDAQ:NVDA) plans to ship its H20 artificial intelligence chips to China have received a significant boost, as the U.S. Commerce Department has reportedly granted the company licenses to resume exports, potentially preventing an $8 billion loss.Nvidia Wins Key Export Licenses For H20 Chips To ChinaOn Friday, Nvidia overcame a major hurdle after the U.S. granted it export licenses to resume shipments of its H20 graphics processing units (GPUs) to China, reported Reuters.This decision followed a reversal of the previous ban imposed in April due to U.S. export controls targeting China's AI and defense technology sectors. Nvidia had tailored its H20 chip specifically for the Chinese market to comply with these restrictions.Also Read: WeRide And Uber Expand Robotaxi Reach In Abu DhabiFinancial Impact: Nvidia's Losses And Potential GainsThe decision is timely, as Nvidia had previously warned that the export restrictions could result in a loss of up to $8 billion ...Full story available on Benzinga.com

Heather Templeton Dill Joins Vanguard Charitable Board, Succeeding Longtime Trustee Mike Holland
2025-08-09

Heather Templeton Dill Joins Vanguard Charitable Board, Succeeding Longtime Trustee Mike Holland

MALVERN, PA — Vanguard Charitable has named Heather Templeton Dill as the newest member of its Board of Trustees, marking a significant leadership addition to the philanthropic organization. Dill, the ...

Trump-Putin Alaska Summit Set For August 15 As Market Eyes Ukraine Peace Talks
2025-08-09

Trump-Putin Alaska Summit Set For August 15 As Market Eyes Ukraine Peace Talks

President Donald Trump announced on Friday on Truth Social that he will host Russian President Vladimir Putin in Alaska on August 15, marking the first meeting between sitting U.S. and Russian presidents since June 2021.What Happened: “The highly anticipated meeting between myself, as President of the United States of America, and President Vladimir Putin, of Russia, will take place next Friday, August 15, 2025, in the Great State of Alaska,” Trump wrote.🚨 pic.twitter.com/ClTl6TjL0S— Rapid Response 47 (@RapidResponse47) August ...Full story available on Benzinga.com

Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines
2025-08-09

Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines

Freight Right Global Logistics reports transpacific shipping rates remain steady amid tariff uncertainties, maintaining 2024 levels as importers hesitate.The post Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines appeared first on News-Press NOW.

Our View: Water rates are rising — and the city needs to help us understand why
2025-08-09

Our View: Water rates are rising — and the city needs to help us understand why

Another water rate increase is coming to Lake Havasu City this September. It’s part of a five-year plan to raise money for critical repairs and upgrades to our water and sewer systems. These systems are old, expensive to maintain, and...

John Deere is investing $20B in the US, and here are the details
2025-08-09

John Deere is investing $20B in the US, and here are the details

John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative technologies and product development.

2025-08-09

ThinkCareBelieve: Week 29 of America's Shining Success with President Trump at the Helm

Washington, DC, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Link to ThinkCareBelieve's Article: https://thinkcarebelieve.blog/2025/08/08/week-29-of-americas-shining-success/ThinkCareBelieve has published an article on Week 29 of the Shining Success of America with President Trump at the helm. In this the first 200 days in office, President Trump and his great team have achieved wonderful things. The numbers are out. This week, a report from Stephen Moore, a senior visiting fellow in economics at The Heritage Foundation, presented the unpublished new census bureau data for the first time in the Oval Office with President Trump. The data divided Americans into three groups: lower income (bottom 25% of earners), middle income (middle 50%), and upper income (top 25%). The data shows that all income groups of American families did better during President Trump's first term. The group benefitted the least, but still benefitted, was those in the highest income bracket. This week in the article, culminated in a wonderful Trilateral Peace Agreement between the Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev ending more than 30 years of conflict. They are both looking forward to the opportunities that peace will bring their people loaded with possibilities and promise of a brighter future. President Trump says that these two leaders will go down in history as great leaders, and they feel that in 6 months in office, President Trump made miracles happen. Both Presidents will submit a joint nomination to the Nobel Prize Committee for President Trump to be given the Nobel Peace Prize. POTUS said he is interested in saving lives. The Russia~Ukraine War could have been a world war if the Trump Administration had not come into power. When you save lives, you really end up having a peaceful world. He told us to look for an announcement soon about where the meeting with Russia and Ukraine will take place, and ...Full story available on Benzinga.com

Texas Ag Commissioner tours East Texas Beef Processors Frankston facility
2025-08-09

Texas Ag Commissioner tours East Texas Beef Processors Frankston facility

Texas Ag Commissioner Sid Miller visited East Texas Beef Processors in Frankston Wednesday as part of his department's ongoing commitment to supporting Texas producers.

2025-08-09

OpenAI fans plead case to Sam Altman for GPT-4o's return - Business Insider

OpenAI fans plead case to Sam Altman for GPT-4o's return Business InsiderGPT-5 is here OpenAIThe New ChatGPT Resets the AI Race The AtlanticOpenAI’s latest step towards advanced artificial intelligence The EconomistSam Altman says some users want ChatGPT to be a 'yes man' because they've never had anyone support them before Business Insider

Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged
2025-08-09

Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged

Walmart has agreed to pay $5.6 million to settle a lawsuit filed by the Santa Clara County District Attorney's Office, alleging that the retail giant overcharged customers for prices that were higher than their advertised price, according to a news release from the district attorney's office.

Pinterest CEO Says Consumers Benefit From AI-Powered Tools
2025-08-09

Pinterest CEO Says Consumers Benefit From AI-Powered Tools

Pinterest CEO Bill Ready said Friday (Aug. 8) that it will be some time before consumers are ready to let artificial intelligence (AI) agents do their shopping for them, but that Pinterest is providing AI-powered tools that will “meet the user where they are” in the meantime. [contact-form-7] Speaking during the company’s quarterly earnings call, and [...]The post Pinterest CEO Says Consumers Benefit From AI-Powered Tools appeared first on PYMNTS.com.

Anbio Biotechnology Responds to Global Outbreaks with Chikungunya Rapid Test and New 15-Minute ...
2025-08-09

Anbio Biotechnology Responds to Global Outbreaks with Chikungunya Rapid Test and New 15-Minute ...

FRANKFURT, Germany, Aug. 08, 2025 (GLOBE NEWSWIRE) -- In response to recent outbreaks of Chikungunya fever, Anbio Biotechnology has announced the launch of its Chikungunya IgM/IgG Rapid Test, offering clinicians and public health authorities a fast, accessible diagnostic tool at...

Disney's settlement with 'Mandalorian' actor Gina Carano isn't capitulation. Firing her was
2025-08-09

Disney's settlement with 'Mandalorian' actor Gina Carano isn't capitulation. Firing her was

Disney's settlement with Gina Carano is not an indictment of 'cancel culture' or another example of corporate capitulation. It was simply the right thing to do.

Mega Millions winning numbers for Aug. 8: $166 million jackpot
2025-08-09

Mega Millions winning numbers for Aug. 8: $166 million jackpot

Did you play the Mega Millions? Check your winning numbers for the drawing on Friday, Aug. 8, 2025.

Understanding Cash Collateral and DIP Financing Orders
2025-08-09

Understanding Cash Collateral and DIP Financing Orders

When a business files for Chapter 11, it doesn’t stop needing cash. In fact, its need for cash becomes even more pressing and complicated, which is why on the first day of a bankruptcy case, debtors often seek interim approval to use cash collateral or obtain debtor-in-possession (DIP) financing.While these initial arrangements in a bankruptcy petition’s early days can include terms that are later revisited once a creditors’committee is formed and the US Trustee gets involved, cash collateral and debtor-in-possession (DIP) financing orders are powerful tools that can keep a distressed company alive while its stakeholders sort out who gets paid what and when.What Is Cash Collateral?‘Cash collateral’ is more than cold, hard cash. Section 363(a) of the Bankruptcy Code defines ‘cash collateral’ as including assets like:Deposit accountsProceeds from inventoryRents and profits from income-producing propertiesReceivablesHotel feesSecured creditors have liens that attach to bank... Read the complete article here...© Copyright 2025 Financial Poise

International Conference on Applied Science, Engineering and Technology
2025-08-09

International Conference on Applied Science, Engineering and Technology

Pages Conferences cordially invites you to its International Conference on Applied Science, Engineering and Technology (ICASET2025), a premier event focusing on the [...]The post International Conference on Applied Science, Engineering and Technology appeared first on Canadian Mining Journal.

2025-08-09

First National Bank Alaska announces unaudited results for second quarter 2025

ANCHORAGE, Alaska, Aug. 08, 2025 (GLOBE NEWSWIRE) -- First National Bank Alaska's (OTCQX:FBAK) net income for the second quarter of 2025 was $18.4 million, or $5.80 per share. This compares to a net income of $15.6 million, or $4.94 per share, for the same period in 2024."Return on Assets is 1.46% at June 30, 2025, showing improvement over each of the last five quarters," said First National Board Chair and CEO/President Betsy Lawer. "The bank's net interest margin of 3.69% reflects the execution of new high-quality loans and, combined with diligent expense management, has our second quarter net income demonstrating the strength of the strategies developed by our board and executive management team, as well as the excellence of our 600-plus employees."Loans totaled $2.6 billion as of June 30, 2025, an increase of $200.1 million compared to June 30, 2024. Nonperforming loans were $9.8 million, 0.38% of outstanding loans, an increase of $5.1 million from June 30, 2024. The year-to-date provision for credit losses totaled $2.2 million as of June 30, 2025, compared to $1.3 million as of June 30, 2024, due to loan growth. The allowance for credit losses as of June 30, 2025 totaled $20.0 million, or 0.77% of total loans.Total interest and loan fee income in the second quarter was $57.0 million, a 0.7% increase from $56.6 million compared to the second quarter of 2024. Interest and fees on loans increased $4.0 million while interest and dividends on investment securities decreased $2.9 million for quarter ending June 30, 2025 compared to June 30, 2024 on asset mix change year-over-year. Interest income to average earning assets increased to 4.67% compared to 4.40% as of June 30, 2024.Assets totaled $4.9 billion as of June 30, 2025, decreasing $192.3 million compared to June 30, 2024, primarily due to the repayments under the Federal Reserve Bank Term Funding Program during 2024. Return on assets as of June 30, 2025, increased to 1.46%, thirty-eight basis points higher than June 30, 2024, due to strong net income performance during 2025.Total interest expense for the second quarter was $11.8 million, down $4.7 million from $16.5 million compared to the second quarter of 2024, and includes $3.8 million interest incurred on borrowed funds in 2024. Deposits and repurchase agreements totaled $4.3 billion on both June 30, 2025 and June 30, 2024, with corresponding interest expense declining $0.9 million for the second quarter June 30, 2025 as compared to June 30, 2024. Interest expense to average earning assets decreased to ninety-eight basis points compared to 1.42% as of June 30, 2024. Net interest margin through June 30, 2025, was 3.69% compared to 2.98% for June 30, 2024.Noninterest operating income for second quarter 2025 was $7.4 million, and remains consistent with second quarter 2024. Noninterest expenses for second quarter 2025 increased $1.4 million compared to the same period in 2024, primarily due to an increase in salaries and benefits driven by the rising cost of health care. The efficiency ratio for June 30, 2025, was 50.58% and remains better than First National's peer groups, both in Alaska and across the nation.Shareholders' equity was $550.1 million as of June 30, 2025, compared to $485.2 million as of June 30, 2024. This $64.9 million increase resulted from a decrease in the net unrealized loss position of the securities portfolio and net income retained in excess of dividends paid. Return on equity as of June 30, 2025 was 13.53%, compared to 12.30% as of June 30, 2024. Book value per share increased to $173.71, compared to $153.20 as of June 30, 2024. The bank's June 30, 2025 Tier 1 leverage capital ratio of 11.95% remains above well-capitalized standards.ABOUT FIRST NATIONAL BANK ALASKAAlaska's community bank since 1922, First National Bank Alaska proudly meets the financial needs of Alaskans with ATMs and 28 locations in 19 communities throughout the state, and by providing banking services to meet their needs across the nation and around the world.For more than a century, the bank has been committed to supporting the communities it serves. In 2024, for the eighth consecutive reporting period, over a span of twenty-four years, First National received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency.In 2025, Alaska Business readers voted First National "Best of Alaska Business" in the Best Place to Work category for the 10th year in a row, Best Bank/Credit Union for the fifth time, and Best Customer Service for the second year in a row. That year, Forbes also selected First National as the sixth best bank on their America's Best Banks list and one of the top two Banks in the State, and Newsweek recognized the bank as one of the nation's Best Regional Banks and Credit Unions. The bank was also voted "Best of Alaska" in 2024 in the Anchorage Daily News awards, ranking as one of the top three in the Bank/Financial category for the sixth year in a row. American Banker again recognized First National as a "Best Bank to Work For" in 2024, for the seventh consecutive year.First National Bank Alaska is a Member FDIC, Equal Housing Lender, and recognized as a Minority Depository Institution by the Office of the Comptroller of the Currency, as it is majority-owned by women.Contact Corporate Communications907-777-3409 Financial Overview (Unaudited)Quarter Ended ($ in thousands) 6/30/20253/31/202512/31/20249/30/20246/30/2024 Balance Sheet Total Assets$4,923,803 $4,890,081 $4,997,767 $5,557,306 $5,116,066 Total Securities$1,859,645 $1,882,332 $1,928,625 $2,602,519 $2,197,788 Total Loans$2,591,713 $2,607,081 $2,469,935 $2,445,596 $2,391,593 Total Deposits$3,586,204 $3,580,147 $3,679,155 $3,728,181 $3,698,631 Repurchase Agreements$731,808 $716,908 $743,193 $647,043 $615,096 Total Deposits and Repurchase Agreements$4,318,012 $4,297,055 $4,422,348 $4,375,224 $4,313,727 Total Borrowing under the Federal Reserve Bank Term Funding Program$- $- $- $249,868 $249,868 Unrealized Loss on Marketable Securities, Net of Tax$(40,193)$(49,465)$(62,985)$(52,020)$(86,857) Full story available on Benzinga.com

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast
2025-08-08

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast

Shares of Sweetgreen Inc (NYSE:SG) are trading sharply lower Friday morning after the company reported weaker-than-expected second-quarter results and cut its full-year revenue forecast, prompting multiple Wall Street analysts to lower their price targets.What To Know: For the second quarter, Sweetgreen announced revenue of $185.6 million, missing consensus estimates of $194.34 million. The company also reported a net loss of 20 cents per share, wider than the 11-cent loss analysts had anticipated.A key metric, same-store sales, declined by 7.6% year-over-year, a stark contrast to the 3.3% growth seen in the same period last year. CEO Jonathan Neman cited a “convergence of several headwinds, including macroeconomic pressures” and ...Full story available on Benzinga.com

SoundHound AI, Ouster, Globalstar, Doximity, JFrog And Other Big Stocks Moving Higher On Friday
2025-08-08

SoundHound AI, Ouster, Globalstar, Doximity, JFrog And Other Big Stocks Moving Higher On Friday

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Friday.Shares of SoundHound AI, Inc. (NASDAQ:SOUN) rose sharply during Friday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.The voice AI company posted second-quarter revenue of $42.7 million, beating analyst expectations of $32.88 million and marking 217% year-over-year growth. Adjusted losses narrowed to $0.03 per share versus the $0.09 consensus estimate.SoundHound AI shares jumped 28% to $13.73 on Friday.Here are some other big stocks recording gains in today’s session.LegalZoom.com, Inc. (NASDAQ:LZ) shares jumped 40% to $11.72 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.Astrana Health, Inc. (NASDAQ:ASTH) jumped 32.5% to $28.42 after the company reported better-than-expected second-quarter sales results and issued FY25 sales ...Full story available on Benzinga.com

Top Statistics on Roblox to Know
2025-08-08

Top Statistics on Roblox to Know

Roblox is evolving into a global digital hub for online gaming in 2025. Fueled by explosive user growth and increasing engagement hours through breakout titles like Snatch a Seed.

XRP and Cardano Rallies Fizzle Out As Remittix Becomes The New Investors Favorite After 500% Gains
2025-08-08

XRP and Cardano Rallies Fizzle Out As Remittix Becomes The New Investors Favorite After 500% Gains

Remittix gains the spotlight as XRP and Cardano rallies lose steam, drawing crypto investors seeking fresh opportunities in cryptocurrency markets.

US Air Force eyes purchase of Tesla Cybertrucks ... to blow up
2025-08-08

US Air Force eyes purchase of Tesla Cybertrucks ... to blow up

Military planners say the trucks could realistically be used by adversaries in future conflicts.

2025-08-08

Competitive pressures emerging for The Trade Desk, Wedbush cuts rating - Yahoo Finance

Competitive pressures emerging for The Trade Desk, Wedbush cuts rating Yahoo FinanceTrade Desk Stock Crashes 38% After Earnings. What’s Causing the Selloff. Barron'sTrade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon CNBCTrade Desk Sentiment Collapses as Specter of Amazon Looms Bloomberg.comTrade Desk’s stock may see its worst drop ever, and analysts wonder if Amazon is to blame MarketWatch

Water slide breaks on Royal Caribbean cruise ship, injuring passenger
2025-08-08

Water slide breaks on Royal Caribbean cruise ship, injuring passenger

A broken section of a water slide on Royal Caribbean's Icon of the Seas injured a passenger on Thursday, according to the cruise line.

2025-08-08

5 things to know as first Bed Bath & Beyond Home opens today - MLive.com

5 things to know as first Bed Bath & Beyond Home opens today MLive.comBed Bath & Beyond relaunches with first store in Nashville, plans dozens more CNBCBed Bath & Beyond opening store with new name, honoring old coupons USA TodayNew Bed Bath & Beyond store opens in Nashville, Tennessee, nearly 2 years after company closed all stores ABC7 Chicago‘A surreal moment’: Bed Bath & Beyond to bounce back with new name in Brentwood WKRN News 2

More Canadians are counting on their homes to finance retirement: Dale Jackson
2025-08-08

More Canadians are counting on their homes to finance retirement: Dale Jackson

A recent survey from the Healthcare of Ontario Pension Plan (HOOP) shows the family home has become a growing part of Canadian retirement plans.

Before Intel, which CEOs drew Trump’s ire?
2025-08-08

Before Intel, which CEOs drew Trump’s ire?

Following a demand from Donald Trump that Intel’s Lip-Bu Tan resign immediately, here are are some prominent CEOs and businesses that the U.S. president has publicly criticized.

Pinterest slumps after flagging soft ad spend in major market U.S.
2025-08-08

Pinterest slumps after flagging soft ad spend in major market U.S.

Pinterest shares plunged about 15 per cent after the image-sharing platform warned of weaker ad spending in the United States, its biggest market.

The Trade Desk, SoundHound AI, Eli Lilly, Block And CrowdStrike: Why These 5 Stocks Are On Investors' Radars Today
2025-08-08

The Trade Desk, SoundHound AI, Eli Lilly, Block And CrowdStrike: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market saw a mixed performance today, with the Nasdaq gaining over 70 points, reflecting a 0.35% increase to 21,242.70. Meanwhile, the S&P 500 fell by 0.08% to 6,340, and the Dow Jones Industrial Average experienced a decline of 0.5% to settle at 43,968.64.These are the top stocks that gained the attention of retail traders and investors throughout the day.The Trade Desk, Inc. (NASDAQ:TTD)The Trade Desk’s stock fell by 1.40%, closing at $88.33. During the day, it reached a high of $91.45 and a low of $87.44, with a 52-week range of $141.53 to $42.96. The stock plunged heavily by nearly 29% to $62.88 in the after-hours session. The drop came after the company released its second-quarter earnings, reporting 41 cents per share, aligning with analyst expectations. CEO Jeff Green said at the earnings call, “In the second quarter, starting right at the beginning of April, some of the biggest brands, particularly in sectors like auto and consumer packaged goods, which are meaningful categories for us, began to experience even greater volatility, but since ...Full story available on Benzinga.com

IGM Financial reports record Q2 earnings
2025-08-08

IGM Financial reports record Q2 earnings

IGM Financial reported record high second quarter earnings and an all-time high for assets under management and advisement. The mammoth financial services company, based in Winnipeg, counted $252.7 million in [...]

Conference boom keeps Manitoba convention facilities busy
2025-08-08

Conference boom keeps Manitoba convention facilities busy

As scores of events shift dates, Manitoba’s fall conference season — already busy with the Grey Cup — has gotten busier. Riel Dion estimates he’s seen 20 summer conferences, at [...]

2025-08-08

Trump Order Clears Way for Crypto and Private Equity in 401(k)s - The New York Times

Trump Order Clears Way for Crypto and Private Equity in 401(k)s The New York TimesTrump signs order opening way for alternative assets in 401(k)s ReutersDonald Trump reshapes investing for retirement: Executive order opens 401(k) accounts to private equity, The Times of IndiaDEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov)Trump signs order to allow crypto and real estate investments in retirement plans The Guardian

Hawaii-Asian food coming to Beloit's State Street
2025-08-08

Hawaii-Asian food coming to Beloit's State Street

BELOIT — A Hawaiian-Asian fusion restaurant that first opened in Rockford, Illinois in December, 2023 and has a second spot opening this fall in downtown Rockford will open its third location in Beloit.

Amazon & Brimstone Advance Lower-Carbon Cement Collaboration
2025-08-08

Amazon & Brimstone Advance Lower-Carbon Cement Collaboration

Amazon (NASDAQ: AMZN) and Brimstone this week announced successful results from tests of Brimstone’s lower-carbon Ordinary Portland Cement (OPC) for use in concrete construction with plans for more comprehensive testing to be conducted in 2025 and 2026. On the strength of the initial testing outcomes, Amazon has signed a commercial ... [continued]The post Amazon & Brimstone Advance Lower-Carbon Cement Collaboration appeared first on CleanTechnica.

Amsterdam OKs $450K West End properties purchase option
2025-08-08

Amsterdam OKs $450K West End properties purchase option

AMSTERDAM — A $450,000 purchase option has been authorized by the Common Council for several languishing former industrial sites on the city’s West End with developers eyeing the properties for a workforce and veteran housing project.

2025-08-08

Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal - Bloomberg.com

Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal Bloomberg.comMeta taps PIMCO, Blue Owl for $29 billion data center expansion project, source says ReutersWhy is Meta Selling US$2bn in Data Centre Assets? Data Centre MagazineMeta picks PIMCO, Blue Owl for $29 bln data center financing- Bloomberg Investing.comMeta Putting $2B In Data Center Land Up For Sale To Fund AI Infrastructure Bisnow

Chime Leans on Cost Edge to Win ‘Unhappily Banked’
2025-08-08

Chime Leans on Cost Edge to Win ‘Unhappily Banked’

Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest provider of primary account relationships in the U.S.” [contact-form-7] Analysts [...]The post Chime Leans on Cost Edge to Win ‘Unhappily Banked’ appeared first on PYMNTS.com.

Trump to Nominate Stephen Miran for Fed Seat Amid Push to Reshape Central Bank
2025-08-08

Trump to Nominate Stephen Miran for Fed Seat Amid Push to Reshape Central Bank

President Trump has announced his intention to nominate Stephen Miran, his close economic adviser and an outspoken Federal Reserve critic, to temporarily fill a vacant seat on the Fed's Board of Governors. The appointment, which comes amid renewed calls from Trump for deep interest rate cuts, marks another chapter in Trump's struggle for control over U.S. monetary policy. Miran is set to take over the remainder of Adriana Kugler's term, who resigned unexpectedly to return to her academic post at Georgetown University. While the term ends on January...

Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior
2025-08-08

Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior

Instacart shoppers are ordering more often — and more carefully — as digital tools reframe how value is presented and perceived on the platform. [contact-form-7] Total orders rose 17% year over year in Q2 2025, according to Instacart parent Maplebear. CEO Fidji Simo said the company is seeing “a meaningful shift in consumer behavior,” as [...]The post Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior appeared first on PYMNTS.com.

2025-08-08

Investing in Nevada’s Future

Nevada’s business landscape is full of innovation—and momentum. At Advantage Capital, we help that momentum grow through flexible financing solutions that support business expansion, job creation, and long-term impact. Through the Nevada New Markets Jobs Act (NMJA), we invest in growth-ready businesses that are strengthening Nevada’s economy from the ground up. Nectar Life and Goodwrx, [...]The post Investing in Nevada’s Future appeared first on Nevada Business Magazine.

Added Incentives Sweeten the Deal
2025-08-08

Added Incentives Sweeten the Deal

Timing is everything. And with the bigger incentives announced in Nevada, the moment to make energy-saving upgrades has come. See how switching to newer, more efficient tech for your business – think better lighting, AC and kitchen gear – can save you cash and energy down the road. But the key to earning the premium [...]The post Added Incentives Sweeten the Deal appeared first on Nevada Business Magazine.

2025-08-08

Inside China’s fast-fashion factories as a US trade war looms - podcast

The Guardian’s senior China correspondent, Amy Hawkins, visits factories threatened by US tariffs in Guangzhou, south China, as the deadline for a US-China trade agreement approaches with no deal yet in sightEver since Donald Trump came to power, China has been threatened by a trade war – with tariffs on its products into the US at one point set at an extraordinary 145%.In May, however, the two countries agreed to a partial truce – one that is expiring on Tuesday 12 August. Continue reading...

Vishay Intertechnology Posts Modest Q2 Growth, Signals Optimism Amid Market Recovery
2025-08-08

Vishay Intertechnology Posts Modest Q2 Growth, Signals Optimism Amid Market Recovery

MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH) reported second-quarter revenue of $762.3 million, marking a 7% sequential increase as both semiconductor and passive component sales saw improvement across all major ...

2025-08-08

DermRays Celebrates 13 Years of Innovation with Advanced 810nm and 1064nm Diode Laser Hair Removal Technology

PLEASANTON, Calif., Aug. 7, 2025 /PRNewswire/ -- As DermRays marks its 13th anniversary, the pioneering beauty tech brand reaffirms its commitment to delivering safe, effective, and inclusive laser hair removal solutions for all skin tones and genders worldwide. Since its inception, DermRays has revolutionized at-home hair removal with its advanced diode 810nm and 1064nm laser technology, designed to cater to a diverse global audience. Unlike traditional IPL devices limited by skin tone or hair color, DermRays' versatile laser hair removal devices are engineered to adapt ...Full story available on Benzinga.com

Cathie Wood Buys the Airbnb Dip With $21.5 Million Stock Purchase, Dumps Palantir, DraftKings And Robinhood Shares
2025-08-08

Cathie Wood Buys the Airbnb Dip With $21.5 Million Stock Purchase, Dumps Palantir, DraftKings And Robinhood Shares

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:ABNB), Robinhood Markets Inc. (NASDAQ:HOOD), Palantir Technologies Inc. (NASDAQ:PLTR), and DraftKings Inc. (NASDAQ:DKNG). These trades reflect Ark’s strategic adjustments in response to recent market developments and company-specific news.The Airbnb TradeARK Innovation ETF (BATS:ARKK), Ark Fintech Innovation ETF (BATS:ARKF), and ARK Next Generation Internet ETF (BATS:ARKW) funds collectively acquired 179,197 shares of Airbnb. The online vacation rental platform recently reported its second-quarter earnings, which included a revenue increase of 13% year-over-year, reaching $3.1 billion. However, despite exceeding analyst expectations, Airbnb’s shares fell by 8.02% to close at $120.03 due to concerns about slowing growth in the latter half of the year. The total value of Ark’s Airbnb purchase was approximately $21.5 million.The Robinhood TradeArk Invest’s ARKW fund sold 21,990 shares ...Full story available on Benzinga.com

Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal
2025-08-08

Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal

Online luxury consignment marketplace The RealReal’s “breakout performance” in the second quarter of 2025 signaled that discretionary spending by consumers amid economic worries remains strong. It’s one signal of how consumers are navigating uncertainty: On the day many of President Donald Trump’s global tariffs went into force, the company nudged up its full-year guidance. [contact-form-7] [...]The post Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal appeared first on PYMNTS.com.

Foreign buyers are getting discounts on US homes – here's why
2025-08-08

Foreign buyers are getting discounts on US homes – here's why

Redfin Real Estate reports that foreign buyers benefit from a weaker dollar, allowing discounts on US homes while prices rise overall.The post Foreign buyers are getting discounts on US homes – here's why appeared first on News-Press NOW.

Penske 'did not authorize' DHS use of its trucks in immigration raid
2025-08-07

Penske 'did not authorize' DHS use of its trucks in immigration raid

Penske Truck Rental said Wednesday it “did not authorize” the Department of Homeland Security (DHS) to use its trucks in an immigration raid. “Penske Truck Rental is aware of recent reports and videos regarding a Department of Homeland Security (DHS) operation in Los Angeles,” Penske said in a statement posted on the social platform X....

New U.S. Tariff Rates Set to Take Effect on August 7, as Negotiations Continue
2025-08-07

New U.S. Tariff Rates Set to Take Effect on August 7, as Negotiations Continue

In recent weeks, the Trump Administration has taken a range of actions intended to significantly alter the U.S. trade landscape. Specifically, during the course of July, President Trump unveiled a series of letters to U.S. trading partners, identifying adjusted tariff rates set to take effect on August 1, 2025. Along these lines, on July 31, President Trump issued Executive Order (“EO”) 14326, formally revising the April 2 “Liberation Day” tariff rates and extending the effective date to August 7, 2025. These rates may change as Washington continues to pursue trade negotiations with the impacted countries. In addition, the White House announced a series of trade deals throughout the month of July and into August—securing framework agreements with the European Union, Japan, Indonesia, Pakistan, the Philippines, South Korea, and Vietnam. Separately, the President suspended duty-free treatment for all de minimis imports arriving in the United States, effective August 29. Tariff... Read the complete article here...© 2025 Blank Rome LLP

United Airlines grounds all flights out of one of its major hubs
2025-08-07

United Airlines grounds all flights out of one of its major hubs

The glitch affected operations across the country.

2025-08-07

Toronto police launch new *877 non-emergency phone number - CityNews Toronto

Toronto police launch new *877 non-emergency phone number CityNews TorontoView Full Coverage on Google News

Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue
2025-08-07

Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue

The National Oceanic and Atmospheric Administration (NOAA’s) outlook for the 2025 Atlantic hurricane season, which continues until November 30, predicts a 30% chance of a near-normal season, a 60% chance of an above-normal season, and a 10% chance of a below-normal season. Never daunted by perilous climate information, the Trump ... [continued]The post Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue appeared first on CleanTechnica.

2025-08-07

Evolution Wealth Advisors LLC Purchases 658 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Evolution Wealth Advisors LLC boosted its position in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 159.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,071 shares of the healthcare conglomerate’s stock after purchasing an additional 658 shares during the quarter. Evolution Wealth Advisors [...]