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2025-04-26 02:48:09

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@nprofile…mr8r
✍️ Alphabet's first-quarter report beats Wall Street's expectations, driven by growth in cloud services and AI initiatives.
👉 Alphabet's quarterly report beats Wall Street's expectations
👉 Cloud services and AI initiatives drive growth
👉 Google Cloud's revenue increases 28% to $12.3 billion
👉 Company announces $70 billion stock buyback program and increases quarterly cash dividend by 5%
👉 CEO Sundar Pichai highlights AI advancements, including Gemini 2.5 AI model and AI Overviews tool
#SundarPichai #PhilippSchindler #business
#nevent1q…0a4r

2025-04-25 07:41:46

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@nprofile…mr8r
✍️ The article discusses the average net worth of Americans by generation, highlighting the disparities between Gen Z, millennials, Gen X, and baby boomers.
👉 Gen Z and millennials have lower net worths compared to Gen X and baby boomers
👉 The median net worth for Gen Z is $39,000, while the median net worth for millennials is $135,600
👉 Gen X and baby boomers have higher credit scores and access to more financial services
👉 Younger generations have the advantage of having their highest-earning years ahead of them
👉 Compounding interest can work in favor of younger generations, but credit card debt can work against them
#SamuelGregg #ToddStearn #finance
#nevent1q…ty6m

2025-04-25 07:41:46

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@nprofile…mr8r
✍️ Summit Therapeutics' shares surged 14.7% on Wednesday as the company announced positive results from its phase III trial for its lung cancer drug, ivonescimab.
👉 Summit Therapeutics' shares surged 14.7% on Wednesday
👉 Positive results from phase III trial for lung cancer drug, ivonescimab
👉 Ivonescimab delivered a statistically significant improvement in patients with NSCLC
👉 Could potentially lead to ivonescimab becoming a blockbuster drug
#BillyDuberstein #health
#nevent1q…yxxp

2025-04-25 07:41:46

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@nprofile…mr8r
✍️ Wall Street is focusing on capital expenditures as a indicator of Corporate America's economic outlook, despite expected slow quarterly earnings growth.
👉 Capital expenditures are seen as a key indicator of business spending and the economy's outlook
👉 Companies are cutting their capital expenditure plans due to uncertainty caused by Trump's tariffs
👉 Some companies may increase spending to curry favor with the administration's efforts to bring manufacturing back to the US
👉 Manufacturers of computers, electronics, appliances, machinery, petroleum products, and chemicals are expected to be most vulnerable to the trade war
👉 Transportation companies will also be affected as consumer demand takes a hit
#ScottLadner #PaulChristopher #RaheelSiddiqui #BrentSchutte #DeaneDray #JasonSeidl #DonaldTrump #UnitedStates #Ohio #business
#nevent1q…yytn

2025-04-25 07:31:31

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@nprofile…mr8r
✍️ Gold suffered its biggest one-day drop in nearly four years, raising questions about the sustainability of its rally driven by anxiety over President Trump's trade policies.
👉 Gold suffered its biggest one-day drop in nearly four years
👉 The rally was driven by anxiety over President Trump's trade policies
👉 Analysts believe the trend is still up, but there may be more room for prices to fall in the short term
👉 The decline is attributed to a change in the backdrop of the global trade war
👉 The White House is considering cutting tariffs on Chinese imports
#MichaelArmbruster #JonathanKrinsky #JimWyckoff #StephenInnes #BrienLundin #ScottBessent #TrevorYates #EdmundMoy #China #Beijing #Washington #business
#nevent1q…0qqg

2025-04-25 07:31:31

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@nprofile…mr8r
✍️ Elon Musk is stepping away from politics, but many investors believe the damage to Tesla's brand is already done.
👉 Tesla's first-quarter earnings report was disappointing, with revenue below expectations
👉 Auto revenue was down 20% on an annual basis
👉 Tesla's stock is still down significantly from its record high
👉 Many investors believe the company's fundamentals need to be fixed
👉 Elon Musk's politics have already caused significant brand damage
#ElonMusk #BilaalDhalech #WhiteHouse #DOGEoffice #business
#nevent1q…lrwn

2025-04-23 21:04:36

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@nprofile…mr8r
✍️ Boeing is selling a portion of its aviation software business units to Thoma Bravo for $10.55 billion, as part of its plan to streamline its portfolio and improve its finances.
👉 Boeing is selling a portion of its aviation software business units to Thoma Bravo for $10.55 billion
👉 The deal includes Jeppesen, ForeFlight, AerData, and OzRunways
👉 The sale is part of Boeing's plan to streamline its portfolio and improve its finances
👉 Approximately 3,900 employees will be affected by the deal
#KellyOrtberg #Washington #Oregon #Wichita,Kansas #business
#nevent1q…kwhf

2025-04-19 13:15:27

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@nprofile…pkyy
✍️ The article discusses how artificial intelligence is transforming businesses, allowing them to operate 24/7, and companies need to adapt to this new reality.
👉 Artificial intelligence is transforming businesses, allowing them to operate 24/7
👉 AI agents can operate 24/7 without breaks, fatigue, or personal distractions
👉 Companies need to adapt to this new reality, where markets operate 24 hours a day
#technology
#nevent1q…tgpd

2025-04-19 13:15:09

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@nprofile…pkyy
✍️ Suze Orman shares six brutally honest money tips to help build wealth and secure financial freedom.
👉 Have an emergency fund that can cover at least eight months of living expenses
👉 Opt for debit cards over credit cards
👉 Make getting out of credit card debt a priority
👉 Set up automatic deposits into savings
👉 Save for retirement as though you'll live to be incredibly old
👉 Be patient with your investments
#SuzeOrman #business
#nevent1q…lhjl

2025-04-19 13:13:11

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@nprofile…mr8r
✍️ The US stock market experienced a significant downturn in early April 2025 due to tariffs imposed by President Trump, but some billionaires are taking advantage of the opportunity to buy stocks.
👉 The S&P 500 dropped 6% on April 4, 2025, making it the worst two-day period since 2020.
👉 Billionaires are taking advantage of the opportunity to buy stocks, citing the S&P 500's resilience and its ability to make new all-time highs after bear markets.
👉 Nike, Amazon, Meta Platforms, and SiriusXM Holdings are among the stocks that billionaires and institutions have been touting and/or have large positions in.
👉 Warren Buffett's Berkshire Hathaway has a large position in SiriusXM Holdings, and the company's CEO has been buying the stock since 2016.
#DonaldTrump #WarrenBuffett #ChaseColeman #StephenMandel #TerrySmith #business
#nevent1q…q76w

2025-04-19 13:13:04

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@nprofile…mr8r
✍️ Nvidia has been a hot stock, but Amazon could outpace it in the future due to its presence in multiple multibillion-dollar end markets.
👉 Nvidia has delivered remarkable gains of 1,300% over the past five years
👉 Amazon's e-commerce and cloud computing segments are expected to grow significantly
👉 AI, cloud computing, and e-commerce are driving growth in these segments
👉 Amazon's market capitalization is significantly lower than Nvidia's
👉 Amazon is an attractive investment opportunity
#JohnMackey #HarshChauhan #Germany #UK #Europe #technology
#nevent1q…rwg6

2025-04-16 21:48:47

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@nprofile…pkyy
✍️ Gold futures rose on continued tariff uncertainty and the European Central Bank's expected interest rate cut.
👉 Gold futures rose 0.2% to $3,233.60 a troy ounce
👉 Tariff uncertainty boosted gold's safe-haven demand
👉 The European Central Bank is expected to cut interest rates
👉 The exemption of some electronics products from U.S. tariffs provided relief
👉 The threat of sectoral tariffs reversed the gains
#UnitedStates #Europe #business
#nevent1q…zsgd

2025-04-16 21:47:13

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@nprofile…pkyy
✍️ Wall Street research calls: UBS, Barclays, and HSBC upgrade several stocks, while Barclays and BofA downgrade others.
👉 UBS upgraded HubSpot, Autoliv, and KKR
👉 Barclays upgraded Autoliv and downgraded General Motors
👉 HSBC upgraded KKR and DuPont
👉 BofA upgraded Westlake and DuPont, but downgraded PepsiCo
👉 Baird downgraded Universal Health, Tenet Healthcare, Molina Healthcare, Elevance Health, and HCA Healthcare
👉 Wells Fargo downgraded Howmet Aerospace and Hexcel
👉 Berenberg initiated coverage of Nike with a Hold rating
👉 Benchmark initiated coverage of MercadoLibre with a Buy rating
👉 Piper Sandler initiated coverage of RxSight with a Neutral rating
👉 Citi reinstated coverage of Omnicom and Interpublic Group with Buy ratings
👉 Needham initiated coverage of Aurora Innovation with a Buy rating
#business
#nevent1q…c3m4

2025-04-16 21:47:12

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@nprofile…pkyy
✍️ Hedge fund Elliott Investment Management has built a stake of over $1.5 billion in Hewlett Packard Enterprise, making it one of the company's largest investors.
👉 Elliott has built a stake of over $1.5 billion in HPE
👉 Elliott plans to engage with HPE's management
👉 HPE is facing margin pressures and has been impacted by tariffs
👉 HPE is acquiring Juniper Networks, but the deal is being challenged by the US Justice Department
#SveaHerbst-Bayliss #ArsheeyaBajwa #AntonioNeri #NewYork #Bengaluru #business
#nevent1q…w98l

2025-04-16 21:45:12

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@nprofile…mr8r
✍️ Gold futures rose as tariff uncertainty and short-term monetary policy outlook contributed to the increase.
👉 Gold futures rose 0.2% to $3,233.60 a troy ounce
👉 Tariff uncertainty contributed to the increase
👉 Short-term monetary policy outlook also influenced prices
👉 ECB's decision to keep interest rates unchanged contributed to the rise
#JosephHoppe #Europe #business
#nevent1q…nvsh

2025-04-16 21:45:06

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@nprofile…mr8r
✍️ Hedge fund Elliott Investment Management has built a stake of over $1.5 billion in Hewlett Packard Enterprise, making it one of the company's largest investors.
👉 Elliott has built a stake of over $1.5 billion in HPE
👉 Elliott plans to engage with HPE's management
👉 HPE has been facing margin pressures due to costly production
👉 HPE is being sued by the US Justice Department to block its acquisition of Juniper Networks
#AntonioNeri #SveaHerbst-Bayliss #ArsheeyaBajwa #NewYork #Bengaluru #US #business
#nevent1q…hr9k

2025-04-16 21:31:21

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@nprofile…mr8r
✍️ The United Nations-backed Net-Zero Banking Alliance released updated guidelines for banks to set climate targets, lowering the ambition level for financial institutions to align with the Paris Agreement.
👉 The updated guidelines require banks to align their targets with limiting global warming to well below 2°C, striving for 1.5°C.
👉 The guidance recommends that banks set and disclose near- and long-term targets that support reaching net-zero emissions in line with the Paris Agreement.
👉 Banks are also recommended to set emissions baselines and annually report and measure the emissions from their lending, investment, and capital markets portfolios.
#environment
#nevent1q…lqk2

2025-04-16 10:13:51

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@nprofile…mr8r
✍️ The US dollar rose against the euro and yen on Tuesday, showing signs of recovery after a sharp selloff last week, but investors remain cautious due to concerns over US President Donald Trump's trade tariffs.
👉 The dollar rose against the euro and yen on Tuesday
👉 Investors remain cautious due to concerns over US President Donald Trump's trade tariffs
👉 The move is seen as a sign of recovery after a sharp selloff last week
👉 The dollar has been driven by asset flows rather than traditional short-term drivers such as rate differentials
👉 The market is driven by a rethink of US exceptionalism
#KarenBrettell #VassiliSerebriakov #PrashantNewnaha #RyoseiAkazawa #FrancescoPesole #BenjaminSchroeder #NewYork #UnitedStates #Europe #Japan #Washington #Switzerland #Australia #NewZealand #business
#nevent1q…p6lt

2025-04-15 22:03:26

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@nprofile…mr8r
✍️ Apple's stock surged 4.5% after a temporary exemption was announced for smartphones and laptops from President Trump's tariffs on Chinese goods.
👉 Apple's stock surged 4.5% after a temporary exemption was announced for smartphones and laptops from President Trump's tariffs on Chinese goods.
👉 The exemption is expected to be temporary and may delay pain, but does not erase it.
👉 Apple's market capitalization increased by $200 billion due to the exemption.
👉 Other tech companies, such as Nvidia and Dell, also rallied on Monday.
👉 Commerce Secretary Howard Lutnick warned that smartphones and similar devices are still slated to be included in a forthcoming semiconductor-focused tariff round.
#DonaldTrump #TimCook #HowardLutnick #ElizabethWarren #China #Cupertino #WhiteHouse #Japan #India #business
#nevent1q…6fml

2025-04-15 22:00:40

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@nprofile…pkyy
✍️ Molson Coors CEO Gavin Hattersley plans to retire by the end of 2025, and the company will launch a search for a new CEO, considering both internal and external candidates.
👉 Molson Coors CEO Gavin Hattersley plans to retire by the end of 2025
👉 The company will launch a search for a new CEO, considering both internal and external candidates
👉 Hattersley has served as CEO for six years
#GavinHattersley #GeoffMolson #business
#nevent1q…262y

2025-04-15 11:03:02

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@nprofile…mr8r
✍️ SoFi Technologies' shares have cooled off recently, despite solid growth and profitability, and investors should consider the risk of changing loan book and personal loans.
👉 Shares of SoFi Technologies have cooled off recently, trading 59% off their peak from February 2021
👉 The company has shifted its focus from student loans to personal loans, which carry more risk
👉 Personal loans have a higher interest rate and a reduced chance of being repaid in full
👉 The company's management remains optimistic, but investors should consider the risk of worsening macro conditions
👉 SoFi's growth is still strong, with revenue and customer count jumping 26% and 34%, respectively, in 2024
#ChrisLapointe #business
#nevent1q…unjn

2025-04-15 11:03:02

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@nprofile…mr8r
✍️ Bank of America's profit rose in the first quarter due to market volatility, with trading fees increasing 9% and net interest income growing 3%
👉 Bank of America's profit rose in the first quarter
👉 Trading fees increased 9%
👉 Net interest income grew 3% to $14.4 billion
👉 M&A activity fell 13% in the first quarter
👉 Investment banking fees fell 3% to $1.5 billion
#BrianMoynihan #DonaldTrump #Bengaluru #NewYork #business
#nevent1q…3mkn

2025-04-15 11:00:03

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@nprofile…mr8r
✍️ Standard Chartered has introduced a new fund focused on sports investments for ultra-high-net-worth and high-net-worth clients.
👉 The fund is designed for ultra-high-net-worth and high-net-worth clients within Standard Chartered's Global Private Bank.
👉 The fund will focus on opportunities within the sports, media, and entertainment sectors.
👉 The sports investment sector has gained traction as major leagues and teams increasingly look for alternative capital financing options.
#SumeetBhambri #business
#nevent1q…hcz2

2025-04-15 10:57:36

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@nprofile…pkyy
✍️ Indian stocks rallied after a long weekend, erasing losses triggered by US President Donald Trump's reciprocal tariffs, as investors see India as a relative safe haven amid global volatility.
👉 Indian stocks rallied as trading resumed after a long weekend
👉 The benchmark equity index erased all the losses triggered by US President Donald Trump's reciprocal tariffs
👉 India is seen as a relative safe haven amid global volatility
👉 The nation's big domestic economy is seen able to withstand a potential global recession better than many peers
👉 India is being considered as an alternative manufacturing hub to China
#GaryDugan #RajatAgarwal #DonaldTrump #MaryBarra #Mumbai #Oslo #Lisbon #NewDelhi #China #US #India #business
#nevent1q…cexw

2025-04-15 10:57:20

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@nprofile…pkyy
✍️ Alphabet, the parent company of Google, has the most generative artificial intelligence (AI) patents among US companies, with over 630 patents, giving it a competitive advantage.
👉 Alphabet has the most generative AI patents among US companies, with over 630 patents
👉 The company's patent portfolio is focused on software AI applications
👉 Alphabet's strong financial position allows it to invest in innovation and drive growth
👉 The company's generative AI patents give it a competitive advantage over its peers
#SuzanneFrey #MattFrankel #technology
#nevent1q…zels

2025-04-13 22:57:06

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@nprofile…pkyy
✍️ US stock futures rose on Sunday evening, boosted by an exemption for electronics in the trade war, benefiting tech stocks like Apple and Microsoft.
👉 US stock futures rose on Sunday evening
👉 Exemption for many electronics, including smartphones, in the trade war
👉 Benefit for big technology stocks like Apple and Microsoft
👉 Dow posted its biggest point gain ever last week
👉 Bonds had their worst week since 2001
👉 Major stock indexes ended the week about 5% higher
👉 All three indexes remain below pre-trade war levels and are down on the year
#business
#nevent1q…vq69

2025-04-13 22:56:14

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@nprofile…pkyy
✍️ Amazon and Alphabet are investing heavily in artificial intelligence (AI) infrastructure, with plans to spend billions of dollars in 2025, despite Microsoft's slowdown in AI spending.
👉 Amazon and Alphabet plan to spend big on AI infrastructure in 2025
👉 Microsoft is pausing some early-stage AI projects
👉 AI is becoming increasingly important for businesses and consumers
👉 Investment in AI infrastructure is expected to pay off in the long run
#AndyJassy #SundarPichai #LasVegas #technology
#nevent1q…vnw2

2025-04-13 22:53:32

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@nprofile…mr8r
✍️ Stock futures opened higher on Sunday evening, boosted by the latest development in the US-China trade war, which includes an exemption for many electronics.
👉 Stock futures opened higher on Sunday evening
👉 The exemption for many electronics, including smartphones, is seen as positive for big technology stocks
👉 Last week was marked by extreme market volatility
#PresidentTrump #business
#nevent1q…yeg3

2025-04-13 22:53:28

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@nprofile…mr8r
✍️ Amazon and Alphabet are investing heavily in artificial intelligence (AI) infrastructure, with plans to spend billions of dollars in 2025, despite Microsoft's slowdown in AI spending.
👉 Amazon and Alphabet are investing heavily in AI infrastructure
👉 Microsoft is pausing some early-stage AI projects
👉 Amazon and Alphabet are developing custom AI chips
👉 AI is becoming increasingly important in various industries
👉 Investments in AI are expected to pay off in the long run
#AndyJassy #SundarPichai #LasVegas #technology
#nevent1q…0pmk

2025-04-12 22:40:31

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@nprofile…pkyy
✍️ Nvidia's shares have surged 1,610% in the last five years, driven by high demand for its graphics processing units (GPUs), but its stock has recently dropped 24% from its all-time high.
👉 Nvidia's shares have surged 1,610% in the last five years
👉 The company's revenue increased 78% from $22.1 billion to $39.3 billion in its most recent fiscal quarter
👉 Nvidia has taken a commanding lead in the AI chip segment
👉 The company's ability to innovate and develop a wide and multifaceted economic moat has given it a huge lead in the industry
👉 Nvidia faces financial risks, including the development of AI accelerator chips by top hyperscaler clients and the potential impact of an economic downturn
#SuzanneFrey #JohnMackey #NeilPatel #technology
#nevent1q…xzpt

2025-04-12 22:40:29

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@nprofile…pkyy
✍️ Texas Instruments Incorporated (TXN) fell 5.75% on Friday after China announced new tariffs on semiconductor imports, despite the broader market recovering losses.
👉 Texas Instruments Incorporated (TXN) fell 5.75% on Friday
👉 China announced new tariffs on semiconductor imports
👉 The company's manufacturing plants in the US and China were affected
👉 Texas Instruments ranks 1st on the list of firms that suffer amid optimistic market environment
👉 AI stocks may hold greater promise for delivering higher returns
#Texas #China #ChengduHigh-TechZone #US #business
#nevent1q…p2np

2025-04-12 22:33:37

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@nprofile…mr8r
✍️ Nvidia, a leading player in the artificial intelligence (AI) market, has seen its shares surge 1,610% in the last five years, driven by high demand for its graphics processing units (GPUs). Despite a recent market sell-off, some analysts believe Nvidia's growth trajectory is still strong and the stock may be a buying opportunity.
👉 Nvidia's shares have surged 1,610% in the last five years
👉 Revenue increased 78% from $22.1 billion to $39.3 billion
👉 Net income in the fourth quarter was 56% of sales
👉 Nvidia's valuation may be too tempting to ignore, with a forward P/E ratio of around 25
#SuzanneFrey #JohnMackey #NeilPatel #technology
#nevent1q…yjc2

2025-04-12 22:33:35

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@nprofile…mr8r
✍️ Texas Instruments Incorporated (TXN) fell 5.75% on Friday after China announced new tariffs on semiconductor imports, despite the overall market optimism.
👉 Texas Instruments fell 5.75% on Friday
👉 China announced new tariffs on semiconductor imports
👉 Manufacturing plants in the US and China were targeted
👉 AI stocks may hold greater promise for delivering higher returns
#US #China #ChengduHigh-TechZone #business
#nevent1q…lkes

2025-04-12 22:33:14

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@nprofile…pkyy
✍️ The Federal Reserve has cut its federal funds rate three times in 2024, making it a good time to lock in a competitive CD rate before rates fall further.
👉 CD rates vary widely across financial institutions
👉 Online banks and credit unions offer the top CD rates
👉 The highest CD rate currently available is 4.50% APY, offered by Marcus by Goldman Sachs on its 14-month CD
👉 The amount of interest earned depends on the annual percentage rate (APY) and the compounding frequency
👉 There are different types of CDs, including bump-up, no-penalty, jumbo, and brokered CDs
#finance
#nevent1q…ldsv

2025-04-12 22:33:14

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@nprofile…pkyy
✍️ Artificial intelligence (AI) is driving profit growth for two technology companies, Amazon and Alphabet, through improved efficiency and sales of AI products.
👉 Amazon is using AI to streamline its delivery routes and fulfillment centers, reducing costs and increasing efficiency.
👉 Alphabet is using AI to improve its search engine and sell AI products to customers, driving growth and profitability.
👉 Both companies are seeing significant growth as a result of their AI efforts, with Amazon reaching a $115 billion annual revenue run rate and Alphabet's cloud revenue jumping 30% to $12 billion.
#SuzanneFrey #JohnMackey #AdriaCimino #technology
#nevent1q…q8x9

2025-04-12 21:42:59

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@nprofile…pkyy
✍️ A dozen former OpenAI employees filed a legal brief supporting Elon Musk's lawsuit to maintain the non-profit status of OpenAI, citing concerns over the company's mission and humanitarian goals.
👉 Former OpenAI employees filed a legal brief supporting Elon Musk's lawsuit
👉 The lawsuit aims to maintain OpenAI's non-profit status
👉 Concerns over the company's mission and humanitarian goals
👉 Former employees claim non-profit oversight is crucial to the company's strategy and recruitment
👉 OpenAI argues the transition would allow it to raise funds from investors
#ElonMusk #SamAltman #AnnaTong #DianeCraft #SanFrancisco #technology
#nevent1q…2y72

2025-04-12 04:08:41

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@nprofile…pkyy
✍️ The Securities and Exchange Commission approved options trading on several spot Ethereum ETFs, making Ether more attractive to institutional traders.
👉 SEC approved options trading on several spot Ethereum ETFs
👉 Options trading allows investors to leverage and hedge risk
👉 Ether ETF Options Unleashed
👉 Approval may make Ether more attractive to institutional traders
👉 Options will be highly volatile due to the volatility of the underlying investment
#JamesSeyffart #MattApkarian #GaryGensler #DonaldTrump #technology
#nevent1q…7w5l

2025-04-12 04:08:35

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@nprofile…pkyy
✍️ Chinese property developer Country Garden reaches agreement with key bondholder group and is close to finalizing negotiations with bank creditors, aiming to cut $14.1 billion of debt by 78%
👉 Country Garden reaches agreement with key bondholder group holding 30% of its offshore bond debt
👉 Aims to cut $14.1 billion of debt by 78%
👉 Chairperson Yang Huiyan agrees to convert her $1.15 billion shareholder loan
👉 Will buy a 60% stake in the company's Malaysian unit Country Garden Pacificview
#AadityaGovindRao #ClareJim #YangHuiyan #HongKong #China #Malaysia #business
#nevent1q…nsv0

2025-04-12 04:08:34

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@nprofile…pkyy
✍️ Nova Labs, the parent company behind the Helium blockchain, has agreed to pay $200,000 to settle civil securities fraud charges filed by the SEC.
👉 Nova Labs agreed to pay $200,000 to settle civil securities fraud charges
👉 The SEC accused Nova Labs of misleading institutional investors during a funding round
👉 The company denied any wrongdoing and claimed that data usage on the Helium Network has always been publicly available
#SarahAberg #Nestle #Salesforce #Lime #UnitedStates #SouthernDistrictofNewYork #business
#nevent1q…25s6

2025-04-11 05:31:01

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@nprofile…mr8r
✍️ Figure AI, a startup, claims to have created autonomous robots, sparking a frenzy in private markets with a valuation of nearly $40 billion.
👉 Figure AI claims to have created autonomous robots
👉 The company is valued at nearly $40 billion
👉 Figure AI plans to build over 200,000 robots by 2029
👉 The company has no revenue and only a few dozen robots in production
👉 Figure AI has signed BMW as its first commercial customer
#BMWfactory #technology
#nevent1q…cfzz

2025-04-09 13:24:02

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@nprofile…mr8r
✍️ ClearBridge Investments released its Q1 2025 investor letter, discussing its underperformance compared to the Russell 1000 Value benchmark.
👉 ClearBridge Value Strategy underperformed its Russell 1000 Value benchmark in Q1 2025
👉 Energy and financials sectors detracted from performance
👉 Overweight position in energy and underweight position in IT contributed to underperformance
👉 Venture Global, Inc. (NYSE:VG) was a holding that weighed on relative performance
#business
#nevent1q…tk8f

2025-04-09 13:20:47

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@nprofile…mr8r
✍️ ClearBridge Investments released its Q1 2025 investor letter, discussing its underperformance compared to its Russell 1000 Value benchmark.
👉 ClearBridge Value Strategy underperformed its Russell 1000 Value benchmark in Q1 2025
👉 Detractors in energy and financials sectors contributed to underperformance
👉 Overweight position in energy and underweight position in IT also contributed
👉 Noble Corporation plc (NYSE:NE) was a holding that weighed on relative performance
#Colorado #Wyoming #business
#nevent1q…s490

2025-04-05 18:24:02

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@nprofile…pkyy
✍️ Robert Kiyosaki shares five side hustles that can be done from anywhere in the world, providing flexibility and extra income.
👉 Offer online tutoring services
👉 Become a transcriptionist
👉 Sell things online
👉 Become a virtual assistant
👉 Teach English as a second language
#RobertKiyosaki #SuzeOrman #business
#nevent1q…ka42

2025-04-05 18:24:00

- reply

@nprofile…pkyy
✍️ Cutting unnecessary expenses can help you save $855 per month towards a down payment on a house.
👉 Eating out: $302 per month
👉 Alcohol: $43 per month
👉 Cell phone protection plans: $20 (for two covered phones)
👉 Tobacco: $243 per month
👉 Impulse purchases: $141 per month (per adult)
👉 Credit card interest: $106 per month
#finance
#nevent1q…376j

2025-04-05 18:17:03

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@nprofile…pkyy
✍️ Economist Peter Schiff predicts that Nike won't shift production to the US despite tariffs, expecting higher prices and reduced domestic sales.
👉 Peter Schiff predicts Nike won't shift production to the US despite tariffs
👉 Nike will redirect products to other countries, such as China, instead
👉 Tariffs will lead to higher prices and reduced domestic sales for Nike
#PeterSchiff #DonaldTrump #DanIves #UnitedStates #Vietnam #China #Indonesia #Taiwan #business
#nevent1q…e3u3

2025-04-05 18:17:02

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@nprofile…pkyy
✍️ A 40-year-old man shares his journey of going from earning $5.15 per hour to netting over $1 million per year, highlighting the importance of continuous learning, negotiation, and being open to new opportunities.
👉 Jamal Robinson went from earning $5.15 per hour to netting over $1 million per year
👉 He negotiated a higher salary by researching average salaries in his industry
👉 He was open to new opportunities and job hopped to accelerate his earnings
👉 He continued to learn and develop new skills, earning nine certificates and an MBA
👉 He focused his expertise on artificial intelligence and eventually retired with a $3.5 million portfolio
#JamalRobinson #JeffBezos #business
#nevent1q…l7qe

2025-04-04 11:06:55

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@nprofile…pkyy
✍️ Trump Media shares plummeted after a recent filing revealed that the president's trust could sell up to $2.3 billion worth of stock, causing the stock to drop to its lowest level in six months.
👉 Trump Media shares dropped 7% on Wednesday, down 70% from its peak prior to the election
👉 The trust, run by Donald Trump Jr., owns nearly 115 million shares of the company, representing more than half of the total market cap
👉 The filing and subsequent stock drop come shortly after right-wing cable news outlet Newsmax rocketed over 2,000% after its IPO
#DonaldTrump #DonaldTrumpJr. #business
#nevent1q…30vj

2025-04-04 05:11:37

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@nprofile…pkyy
✍️ Lawrence H. Summers, former US Treasury Secretary, criticizes the timing of President Trump's tariffs announcement, saying it will cause short-term market impacts and put the Federal Reserve in a difficult position.
👉 Tariffs announcement is scheduled to happen when US markets are closing
👉 Short-term market impacts expected
👉 Federal Reserve will be in a difficult position
#LawrenceH.Summers #DonaldTrump #DavidWestin #politics
#nevent1q…dcnt

2025-04-04 05:11:37

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@nprofile…pkyy
✍️ Fidelity Investments has launched a new individual retirement account (IRA) that allows Americans to invest in cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, in a tax-friendly manner.
👉 Fidelity Investments has launched a new IRA that allows Americans to invest in cryptocurrencies
👉 The IRA offers tax-free (Roth) and tax-deferred (traditional and rollover) options
👉 There are no fees to open or maintain an IRA or crypto custody with Fidelity
👉 Fidelity will charge a 1% spread on crypto buy and sell transactions
👉 Fidelity Digital Assets offers institutional-level crypto custody services
👉 The majority of Fidelity's crypto assets are stored in cold storage
#business
#nevent1q…w9da

2025-04-04 05:11:23

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@nprofile…pkyy
✍️ Bernstein senior auto analyst Daniel Roeska warns that tariffs on auto imports could have devastating consequences for the industry.
👉 Tariffs on auto imports could increase costs for automakers
👉 Higher prices for consumers could result from increased costs
👉 Plant closures are a potential consequence of tariffs
#DanielRoeska #business
#nevent1q…fcpw

2025-04-04 05:04:40

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@nprofile…pkyy
✍️ Texas Pacific Land (TPL) stock's IBD SmartSelect Composite Rating jumps to 96, indicating it's outperforming 96% of all stocks.
👉 IBD SmartSelect Composite Rating jumps to 96
👉 Outperforming 96% of all stocks
👉 Earnings and sales growth are increasing
👉 Not currently in a buying range
👉 EPS Rating and Accumulation/Distribution Rating need to improve
#business
#nevent1q…vnfm

2025-04-03 23:38:49

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@nprofile…pkyy
✍️ Beaten-down corporate bonds from automakers could rally after a tariff announcement from US President Donald Trump, according to JPMorgan Chase & Co.
👉 Automaker bonds could rally after the tariff announcement
👉 The autos sector is trading at its widest level versus the JPMorgan US Liquid Index since July 2020
👉 The spread gap between the auto and pharma sectors is now 0.52 percentage point, or 52 basis points, the widest since December 2023
👉 Manufacturers likely to be impacted the most include General Motors Co., Stellantis NV, Hyundai Motor Co., and Nissan Motor Co.
👉 Bonds issued by pharmaceutical companies don't appear to be particularly well-positioned from a macro standpoint
#DonaldTrump #EricBeinstein #NathanielRosenbaum #EvanPiascik #UnitedStates #China #India #business
#nevent1q…dqld

2025-04-03 23:38:48

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@nprofile…pkyy
✍️ Dollar General's CEO flags a worrying trend in customer behavior, citing a worsening financial situation for its customers, which has led to a decline in store traffic and operating profit.
👉 Dollar General's same-store sales increased by 1.2% year-over-year during the holiday season
👉 Average transaction value spiked by 2.3%
👉 Customer traffic in stores dipped by about 1% year-over-year
👉 Operating profit shrunk by roughly 49%
👉 Dollar General is closing 96 underperforming stores and 45 PopShelf locations
👉 The company is expanding delivery to thousands of its stores
#ToddVasos #business
#nevent1q…9crx

2025-04-01 20:31:27

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@nprofile…pkyy
✍️ Mike Wilson, chief US equity strategist at Morgan Stanley, predicts a potential drop in the S&P 500 due to tariffs, but still holds out hope for a full-year target.
👉 Mike Wilson predicts a potential drop in the S&P 500 due to tariffs
👉 The drop could be short-term, but he still holds out hope for a full-year target
#MikeWilson #DonaldTrump #business
#nevent1q…wul5

2025-04-01 20:29:04

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@nprofile…mr8r
✍️ Etsy names Rafe Colburn as its new chief technology officer, replacing Rachanna Kumar, and appoints Peter Semple as interim CEO as the company searches for a permanent CEO.
👉 Etsy names Rafe Colburn as its new chief technology officer
👉 Colburn previously spent nearly 10 years at Etsy
👉 Colburn led the company's engineering teams through various growth periods
👉 Peter Semple appointed as interim CEO
👉 Etsy continues to search for a permanent CEO
👉 Colburn's appointment may signal Etsy's intentions with AI
#RafeColburn #PeterSemple #JoshSilverman #KrutiPatelGoya #RachannaKumar #RainaMoskowitz #BradMinor #LannyBaker #business
#nevent1q…6awg

2025-03-31 20:41:31

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@nprofile…mr8r
✍️ The article discusses the investment strategies of the top 1% and how they are making smart moves in private markets, real estate, and alternative investments.
👉 Private market deals are popular among the wealthy, with returns of up to 300% in under 18 months.
👉 Real estate investments are shifting from luxury homes to industrial warehouses and data centers.
👉 Alternative investments, such as art, water rights, and cryptocurrency, are becoming massive.
👉 The wealthy are avoiding traditional bonds, mutual funds, and commercial office buildings.
#AndrewLokenauth #business
#nevent1q…6m0q

2025-03-31 19:55:25

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@nprofile…pkyy
✍️ Despite the gender wealth gap, women are saving nearly as much as men in 2025, with women contributing $1,825 per month on average and men contributing $2,352 per month. However, women have lower expectations for their saving potential, aiming to save only 53% of what men aim to save.
👉 Women are saving nearly as much as men in 2025, with women contributing $1,825 per month on average and men contributing $2,352 per month.
👉 Women have lower expectations for their saving potential, aiming to save only 53% of what men aim to save.
👉 The wage gap, caregiving responsibilities, and higher student loan debt are contributing factors to the disparity in saving expectations.
👉 Women should take advantage of workplace benefits, including expanded resources and guidance, to boost their savings.
👉 Working with a financial professional can be particularly helpful in achieving financial goals.
#JessicaRuggles,corporatevicepresidentoffinancialwellnessatNewYorkLife #finance
#nevent1q…m070

2025-03-29 01:26:10

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@nprofile…pkyy
✍️ The Medicare Payment Advisory Commission has confirmed that the partially privatized Medicare Advantage program is costing US taxpayers an extra $84 billion a year in waste, fraud or abuse.
👉 The Medicare Advantage program is costing US taxpayers an extra $84 billion a year in waste, fraud or abuse.
👉 The program is partially privatized, with private health-insurance companies insuring beneficiaries.
👉 The commission estimates that the extra payments drive up Medicare premiums for all beneficiaries, including those with traditional Medicare, adding about $198 a year to Part B premiums.
👉 The program has been criticized for its high costs and inefficiencies.
#ElonMusk #PresidentDonaldTrump #health
#nevent1q…s82w

2025-03-29 01:26:09

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@nprofile…pkyy
✍️ Morgan Stanley analyst Daniel Kutz upgraded Liberty Energy Inc. (NYSE:LBRT) shares from Equal-Weight to Overweight, citing earnings potential from the new Power Gen Services (PGS) business and attractive play on data center and power demand growth.
👉 Morgan Stanley analyst Daniel Kutz upgraded Liberty Energy Inc. (NYSE:LBRT) shares from Equal-Weight to Overweight
👉 Citing earnings potential from the new Power Gen Services (PGS) business
👉 Attractive play on data center and power demand growth
👉 Strong track record of prudent capital allocation and timely investments
👉 Concerns about the durability of PGS earnings are overstated
#DanielKutz #business
#nevent1q…gt7c

2025-03-29 01:26:09

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@nprofile…pkyy
✍️ The auto rental sector is experiencing a surge in shares as investors bet on the positive impact of new tariffs on imported vehicles.
👉 Avis Budget Group and Hertz Global Holdings shares rose 20% due to new tariffs on imported vehicles
👉 Tariffs are expected to increase the cost of imported vehicles, making alternative options more attractive
👉 Rental companies can benefit from uptick in used vehicle prices
👉 Short squeeze is also contributing to the surge in shares
#LouWhiteman #business
#nevent1q…mr2p

2025-03-29 01:22:43

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@nprofile…pkyy
✍️ GameStop's stock plummeted 25% after the company announced plans to raise $1.3 billion to invest in bitcoin.
👉 GameStop's stock dropped 25% after announcing plans to invest in bitcoin
👉 The company will raise $1.3 billion via convertible senior notes
👉 GameStop's CEO, Ryan Cohen, sparked speculation about the company's interest in cryptocurrency
👉 Analysts are skeptical about the move, citing MicroStrategy's stock trading at twice its bitcoin holdings
#RyanCohen #MichaelSaylor #MichaelPachter #JoshSchafer #business
#nevent1q…q632

2025-03-29 01:22:39

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@nprofile…pkyy
✍️ Robinhood CEO Vlad Tenev expresses his happiness about exchanges supporting 24/7 banking, considering it a big step forward.
#VladTenev #ScarletFu #SonaliBasak #business
#nevent1q…cd0h

2025-03-29 01:22:39

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@nprofile…pkyy
✍️ A trading battle between a whale and decentralized exchange Hyperliquid revealed weaknesses in the exchange, leading to the delisting of the $JELLYJELLY token.
👉 A trading battle between a whale and Hyperliquid revealed weaknesses in the exchange
👉 The exchange faced a possible $13.5 million trading loss
👉 The exchange made a 'centralized' decision to delist the $JELLYJELLY token
#ChristineLee #technology
#nevent1q…s3c4

2025-03-29 01:13:40

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@nprofile…pkyy
✍️ Oil futures settled higher in a choppy session as traders weighed potential supply disruptions against the economic impact of US tariffs.
👉 Oil futures settled higher in a choppy session
👉 Market weighed potential supply disruptions against economic impact of US tariffs
👉 Rally attributed to genuine supply concerns and technical bounce
#RobertYawger #AnthonyHarrup #Canada #Mexico #Venezuela #US #business
#nevent1q…w5u7

2025-03-29 01:13:29

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@nprofile…pkyy
✍️ Tesla's stock rally on Thursday dwarfed the decline in value of its US rivals, despite the tariffs on autos announced by President Trump.
👉 Tesla's stock rally on Thursday was significant, with a 1.7% rise that brought the company's market capitalization up by $14.3 billion.
👉 The decline in value of its US rivals, General Motors and Ford, which combined lost around $4.6 billion in value.
👉 Tesla's high valuation is distorting the pain that tariffs on autos are facing.
👉 The company's sales volumes are smaller than its competitors, but its market impact is significant due to its large size.
#DaveMazza #AdamJonas #SolitaMarcelli #EshaDey #ElonMusk #DonaldTrump #US #California #Texas #Geneva #NewZealand #business
#nevent1q…6tt3

2025-03-29 01:13:29

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@nprofile…pkyy
✍️ Automakers' bonds weakened in US debt markets after President Trump imposed 25% tariffs on car imports, warning of a broader trade war.
👉 Automakers' bonds weakened in US debt markets after President Trump imposed 25% tariffs on car imports
👉 Risk premiums on recently issued notes from US units of Volkswagen AG and BMW AG rose
👉 Tariffs threaten to boost the cost of vehicles and cut into sales, potentially weighing on profits for manufacturers
👉 Automakers' bonds have lagged the broader US market for much of the year
#DonaldTrump #JoelLevington #US #Geneva #NewZealand #business
#nevent1q…myec

2025-03-29 01:13:25

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@nprofile…pkyy
✍️ Tesla's stock surged 5.2% on Thursday as the electric-vehicle maker is less impacted by President Trump's new tariffs due to its domestic manufacturing.
👉 Tesla's stock surged 5.2% on Thursday
👉 The company is less impacted by President Trump's new tariffs due to its domestic manufacturing
👉 Tesla primarily manufactures its vehicles in the United States
👉 The company is struggling with declining sales and increased competition from Chinese EV rivals
👉 Tesla's valuation is dependent on its future vision, which is not guaranteed
#ElonMusk #DonaldTrump #JohnnyRice #UnitedStates #Texas #California #business
#nevent1q…38n0

2025-03-29 01:13:24

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@nprofile…pkyy
✍️ AT&T will cut its monthly autopay discount for some customers, but there are still ways to save on phone and internet bills.
👉 AT&T will cut autopay discount for customers using credit cards
👉 Bank account users will still receive full discount
👉 Consumers can save by taking advantage of contract perks
👉 Bundling services and negotiating better rates can help save money
#ShikhaJain #RachelBarber #business
#nevent1q…5dyt

2025-03-28 06:41:05

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@nprofile…pkyy
✍️ Energy executives in the Dallas Fed's district expressed displeasure with President Trump's tariffs and 'drill, baby, drill' policies, citing increased steel prices and economic uncertainty.
👉 Energy executives are displeased with President Trump's tariffs and 'drill, baby, drill' policies
👉 Tariffs have raised the price of steel crucial to oil-and-gas production, causing economic uncertainty
👉 Executives believe the policies will drive up costs and hinder production
👉 They also criticized Trump's 'drill, baby, drill' approach, saying it is not a sustainable solution to the industry's challenges
#PresidentTrump #Dallas #business
#nevent1q…u7d8

2025-03-28 06:40:21

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@nprofile…pkyy
✍️ Wells Fargo initiates coverage of Dutch Bros and Wingstop with 'buy' ratings, citing Dutch Bros' 'disruptive strategy' and Wingstop's potential for growth.
👉 Dutch Bros has a 'disruptive strategy' and could be poised for 'durable growth'
👉 Wingstop's stock has room to rise as the chain expands and gains market share
👉 Dutch Bros plans to expand food offerings and mobile ordering
👉 Wingstop operates its shops more efficiently than other quick-service restaurants
👉 Wingstop has the opportunity to expand internationally
#business
#nevent1q…qzc2

2025-03-28 06:40:21

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@nprofile…pkyy
✍️ Dollar Tree CEO Michael Creedon says people of all economic backgrounds are shopping at Dollar Tree due to economic struggles, leading to increased sales and market share.
👉 Dollar Tree sees increased sales and market share due to economic struggles
👉 Store traffic and average transaction amounts grew year-over-year
👉 Middle-income households are a key demographic for Dollar Tree
👉 Higher-income households are also shopping at Dollar Tree
👉 Other retailers, such as Dollar General and Target, are also catering to consumers' desire to save
#MichaelCreedon #business
#nevent1q…42k8

2025-03-28 02:12:51

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@nprofile…pkyy
✍️ US investors are increasingly turning to junk bonds, which have become a safer asset class in recent years, as a safe harbor from market turbulence.
👉 US investors are piling into junk bonds, which have become a safer asset class in recent years
👉 The high-yield bond market has grown 5.6% since the end of 2023
👉 Investors are seeking fixed-rate returns and higher average credit quality
👉 The market is benefiting from an influx of 'fallen angels', or companies downgraded from investment-grade to junk
#NelsonJantzen #BenjaminBurton #NickLosey #LotfiKaroui #DaniellePoli #business
#nevent1q…2pp3

2025-03-28 02:09:21

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@nprofile…pkyy
✍️ Neobank Chime has launched instant loans, offering customers up to $500 at a fixed interest rate without credit checks, as part of its efforts to provide financial progress for everyday Americans.
👉 Instant loans offer up to $500 at a fixed interest rate
👉 No credit checks required
👉 No fees for origination, prepayment, or late payment
👉 Loans can be repaid in three monthly installments
👉 Customers can opt-in for automated monthly repayments
#MadhuMuthukumar #ChrisBritt #RyanKing #business
#nevent1q…dsw3

2025-03-27 04:13:34

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@nprofile…pkyy
✍️ UPS stock fell 5% after a Bank of America analyst lowered his forecast for the company's earnings due to tariff uncertainty and winter weather.
👉 Bank of America analyst Ken Hoexter lowered his forecast for UPS earnings in the current quarter
👉 Tariff uncertainty and winter weather are contributing to softer demand
👉 Expected earnings per share for the quarter ending March 31 is $1.31, down 15% from previous forecast
👉 Expected domestic parcel volume decline is 8%, bigger than previously forecasted 5.7%
#KenHoexter #business
#nevent1q…zfdk

2025-03-27 04:09:41

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@nprofile…pkyy
✍️ The S&P 500 struggled to maintain its gains on a slow Tuesday for Wall Street, dipping in and out of negative territory.
👉 The S&P 500 struggled to maintain its gains
👉 The Dow Jones Industrial Average was down 68 points or 0.2%
👉 The Nasdaq Composite was up 0.1%
👉 The market benchmark has been experiencing a slow day with little movement
#business
#nevent1q…jr3v

2025-03-27 04:09:28

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@nprofile…pkyy
✍️ The US has imposed a 25% tariff on trade with countries buying oil from Venezuela, leading to a slowdown in oil loading at the country's main ports.
👉 The US has imposed a 25% tariff on trade with countries buying oil from Venezuela
👉 The tariff takes effect in early April
👉 The country's main oil port, Jose, has an empty berth, while three supertankers are loading
👉 The US has extended the deadline for Chevron to wind down its operations in Venezuela until May 27
#MariannaParraga #DonaldTrump #Venezuela #China #US #politics
#nevent1q…d0me

2025-03-18 13:13:55

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@nprofile…pkyy
✍️ CME Group plans to launch cash-settled futures for European rapeseed oil next month, using an Argus Media index for Dutch prices.
👉 CME Group plans to launch cash-settled futures for European rapeseed oil
👉 The new product will use an Argus Media index for Dutch prices
👉 The futures will start trading on April 28, pending regulatory approval
👉 The product will consist of consecutive monthly contracts starting with May 2025
👉 The launch marks CME's attempt to expand in the European grain market
#GusTrompiz #SybilledeLaHamaide #SusanFenton #Paris #Chicago #Europe #Ukraine #Russia #business
#nevent1q…03th

2025-03-17 17:47:03

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@nprofile…pkyy
✍️ US firms are buying cobalt metal produced in Indonesia by China's Lygend Resources, avoiding tariffs imposed by the Trump administration on imports from China.
👉 US firms are buying cobalt metal produced in Indonesia by China's Lygend Resources, avoiding tariffs imposed by the Trump administration on imports from China.
👉 Cobalt is a key component in electric vehicle batteries and defense equipment.
👉 Global oversupply of cobalt has pushed prices down to nine-year lows.
👉 The suspension of cobalt exports from the Democratic Republic of Congo (DRC) for four months may not significantly impact the market due to the significant oversupply.
#PratimaDesai #DonaldTrump #AmyLv #BernadetteChristina #JanHarvey #Indonesia #China #Canada #DemocraticRepublicofCongo #Norway #Japan #Madagascar #LONDON #business
#nevent1q…6un8

2025-03-07 20:17:27

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@nprofile…pkyy
✍️ Morgan Sindall Construction has broken ground on the £10.7m Real Fire Training Facility in Ashford, Kent, England, designed to equip firefighters with a sophisticated training environment.
👉 £10.7m ($13.6m) investment in the Real Fire Training Facility
👉 Multilevel setting with three carbonaceous burn rooms
👉 Section for rescues in tight spaces
👉 Focus on sustainability with water reuse and electric vehicle charging points
👉 Minimal disruption to fire station operations
#AnnMillington #KFRSchiefexecutive #Ashford #Kent #England #Nottinghamshire #world
#nevent1q…xkk3

2025-03-02 17:01:44

- reply

@nprofile…pkyy
✍️ Dutch Bros, a drive-through coffee shop operator and franchiser, has seen its shares surge 160% over the past year, driven by strong growth and accelerating profitability. The company's ability to execute a national expansion could prove highly lucrative for its shareholders.
👉 Shares have surged 160% over the past year
👉 Company has 982 shops as of the end of 2024
👉 Targeting at least 160 new locations in 2025
👉 Projected 23% revenue growth and 20% increase in earnings per share
👉 Innovative drive-through beverage concept has proven highly popular
#DanVictor #business
#nevent1q…uadq

2025-03-02 17:01:43

- reply

@nprofile…pkyy
✍️ Warren Buffett's Berkshire Hathaway sold 73% of its stake in Citigroup, a move that has raised questions about whether Buffett made a mistake.
👉 Berkshire Hathaway sold 73% of its stake in Citigroup
👉 The stock is still cheap, with a dividend yield of around 3%
👉 Citigroup has made significant progress in recent years, including simplifying its operations and freeing up capital
👉 Warren Buffett's team may have been motivated by their view that the market is overvalued
#WarrenBuffett #JaneFraser #business
#nevent1q…05r7

2025-02-08 05:45:32

- reply

@nprofile…mr8r
✍️ Domino's Pizza Enterprises will close 172 loss-making stores in Japan as part of a global effort to turn around performance.
👉 Domino's Pizza Enterprises will close 172 loss-making stores in Japan
👉 The company will close a total of 205 loss-making stores globally
👉 The move is expected to incur a one-off cost of about 97 million Australian dollars
👉 The company expects to generate annualized savings of A$15.5 million
#Japan #Australia #business
#nevent1q…mlnz

2025-02-08 05:45:13

- reply

@nprofile…mr8r
✍️ Elf Beauty's shares plummeted over 20% after the company cut its annual net sales and profit forecasts, citing weak demand in the mass beauty category.
👉 Elf Beauty's shares fell over 20% after the company cut its annual net sales and profit forecasts
👉 Weak demand in the mass beauty category was cited as the reason for the decline
👉 The company's CEO attributed the decline to softer demand in the mass beauty channel and distraction of its core Gen Z demographic
👉 The company's reliance on Chinese manufacturing could be impacted by President Trump's new tariffs
👉 Consumer uncertainty over inflation and the economy also weighed on the company's performance
#TarangAmin #SkyCanaves #DonaldTrump #JuveriaTabassum #MohammedSafiShamsi #China #Bengaluru #business
#nevent1q…gzyu

2025-02-08 05:45:12

- reply

@nprofile…mr8r
✍️ The Vanguard S&P 500 ETF (VOO) attracted $858 million in new assets, bringing its total assets under management to $622.8 billion, according to etf.com daily fund flows data.
👉 The Vanguard S&P 500 ETF (VOO) attracted $858 million in new assets
👉 The SPDR S&P Midcap 400 ETF Trust (MDY) pulled in $631.5 million
👉 The Financial Select Sector SPDR Fund (XLF) added $580 million
👉 The Materials Select Sector SPDR Fund (XLB) garnered inflows of nearly $432.2 million
👉 The SPDR S&P 500 ETF Trust (SPY) experienced outflows of over $1 billion
#business
#nevent1q…jpx4

2025-02-08 05:39:57

- reply

@nprofile…mr8r
✍️ Pinterest's stock jumped 18% after reporting Q4 results, with earnings missing expectations but sales beating estimates.
👉 Pinterest's stock jumped 18% after reporting Q4 results
👉 Earnings missed expectations but sales beat estimates
👉 Strong sales forecast for Q1 eased investor concerns
👉 Total monthly active users increased 11% to 554 million
👉 Stronger-than-expected guidance for adjusted profit
#BillReady #MarkMahaney #SanFrancisco #business
#nevent1q…a7fx

2025-02-08 05:39:27

- reply

@nprofile…mr8r
✍️ Hawaii's Supreme Court is considering a $4 billion settlement over a 2023 wildfire that killed over 100 people and caused $5.5 billion in damage. Insurance companies are disputing the settlement, seeking to recoup money paid to policyholders by suing the defendants separately.
👉 The settlement is worth $4 billion, but insurance companies are seeking to recoup more
👉 The insurance companies have paid out over $2.3 billion to policyholders and expect to pay $1 billion more
👉 The state high court is considering whether insurance companies can sue defendants separately to recoup money
👉 The outcome of the case could affect the finalization of the settlement and the distribution of funds to victims
#JoshGreen #JesseCreed #PeterCahill #VincentRaboteau #JacobLowenthal #Hawaii #Maui #Lahaina #LosAngeles #Palisades #politics
#nevent1q…2ckh

2025-02-08 05:31:25

- reply

@nprofile…mr8r
✍️ Universal Logistics Holdings reported a 19% year-over-year increase in operating revenue to $465.1 million in the fourth quarter, beating Wall Street analysts' revenue estimates.
👉 Operating revenue increased 19% year over year to $465.1 million
👉 Adjusted earnings per share decreased 4.9% year over year to 77 cents
👉 Revenue in the contract logistics segment increased 52.7% year over year to $307.4 million
👉 Revenue in the trucking segment increased 11.5% year over year to $83.8 million
👉 Revenue in the intermodal segment decreased 15.9% year over year to $73.1 million
#TimPhillips #Warren,Michigan #business
#nevent1q…9fvr

2025-02-08 05:06:20

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@nprofile…mr8r
✍️ Coach owner Tapestry and Ralph Lauren beat Wall Street's sales and profit expectations, while Kering's Gucci creative head departs.
👉 Coach owner Tapestry and Ralph Lauren beat Wall Street's sales and profit expectations
👉 Higher pricing drives growth in the luxury industry
👉 Kering's Gucci creative head departs after only two years
#CarolRyan #business
#nevent1q…j5ll

2025-02-08 05:01:24

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@nprofile…mr8r
✍️ Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund, which would allow investors to gain exposure to bitcoin and ether.
👉 Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund.
👉 The ETF would allow investors to gain exposure to bitcoin and ether.
👉 The move comes as asset managers hope to capitalize on the growing popularity of cryptocurrencies.
#DonaldTrump #JaiveerSinghShekhawat #MajuSamuel #Bengaluru #U.S. #business
#nevent1q…kap8

2025-02-08 04:50:39

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@nprofile…mr8r
✍️ Dallas Federal Reserve Bank President Lorie Logan suggests keeping interest rates on hold for 'quite some time' even if inflation drops to 2% goal, as long as labor market remains strong.
👉 Lorie Logan suggests keeping interest rates on hold for 'quite some time'
👉 Slowing inflation and strong labor market are viewed as evidence of non-restrictive monetary policy
👉 Labor market performance will be crucial in determining the Fed's next move
👉 Uncertainties surrounding trade policy and financial conditions may impact the Fed's path
#LorieLogan #JeromePowell #MexicoCity #politics
#nevent1q…tse6

2025-02-07 15:05:52

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@nprofile…mr8r
✍️ The Trump administration's move to stop low-cost imports entering the US tariff-free is expected to hit fast fashion retailer Shein harder than online dollar-store Temu, due to Temu's wider product range and changes to its shipping strategy.
👉 Temu's wider product range and changes to its shipping strategy make it less reliant on the de minimis rule
👉 Shein remains more reliant on air freight and has not made similar changes
👉 The de minimis rule exempted shipments worth less than $800 from import duties
👉 Temu has started shipping goods in bulk to overseas warehouses and increasing ocean-freighting
👉 Shein has opened centers in the US and started diversifying its supply chain
#CaseyHall #RuiMa #BasileRicard #Shanghai #London #China #US #Illinois #California #Seattle #Brazil #Turkey #HongKong #business
#nevent1q…xhx9

2025-01-10 14:41:44

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@nprofile…mr8r
✍️ Fast Retailing, the owner of Uniqlo, reported a 22% increase in net profit for the September-November period, beating expectations.
👉 Net profit increased 22% to 131.96 billion yen
👉 Revenue beat expectations, with a 22% increase
👉 Full-year guidance for revenue remains at 3.4 trillion yen
#business
#nevent1q…llw8

2025-01-10 14:33:35

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@nprofile…mr8r
✍️ The US is set to impose harsh sanctions on Russia's oil industry, affecting 180 vessels, dozens of traders, and two major oil companies, causing a 3% increase in global oil prices.
👉 The US will impose sanctions on 180 vessels, dozens of traders, two major oil companies, and top Russian oil executives.
👉 The sanctions will cause severe disruption to Russian oil exports to India and China.
👉 The US Treasury will allow a transition period to March 12, allowing some energy-related transactions to be completed.
#NewDelhi #London #Europe #Asia #Ukraine #India #China #Russia #politics
#nevent1q…pqq8

2025-01-10 14:21:42

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@nprofile…mr8r
✍️ The K-Ratio is a financial metric that measures the consistency and quality of an investment's returns over time, providing a more detailed view of portfolio performance.
👉 The K-Ratio measures the consistency and quality of an investment's returns over time.
👉 It evaluates risk-adjusted performance by comparing the growth rate of returns to their volatility.
👉 The K-Ratio is often used alongside other metrics like the Sharpe ratio and Sortino ratio.
👉 It is primarily used to measure the consistency of returns.
👉 A higher K-Ratio indicates consistent positive returns and lower volatility.
#business
#nevent1q…rrt7

2025-01-10 14:21:42

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@nprofile…mr8r
✍️ Wall Street's main indexes were set to open lower on Friday after a better-than-expected jobs report, which fueled expectations that the Federal Reserve will take a measured approach to monetary policy easing this year.
👉 Jobs report showed economy added 256,000 jobs in December, higher than estimates
👉 Unemployment stood at 4.1%
👉 Traders expect Federal Reserve to lower borrowing costs in June and then stay steady
👉 Yield on 30-year Treasury note rose over 5%
👉 Wall Street's fear gauge hovered near a one-week high
#ThomasMartin #AlbertoMusalem #DonaldTrump #business
#nevent1q…3aft

2025-01-10 14:14:35

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@nprofile…mr8r
✍️ Hopes for Federal Reserve interest-rate cuts have dimmed further after a recent jobs report, with investors now pricing in just one rate cut this year.
👉 Investors are now pricing in just one interest-rate cut from the Federal Reserve this year
👉 The Fed's federal-funds rate is expected to end the year just above 4%
👉 Rates are currently held in a range of 4.25% to 4.5%
#business
#nevent1q…4fjg

2025-01-10 14:01:41

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@nprofile…mr8r
✍️ Southern California Edison (SCE) received notices from insurance companies to preserve evidence related to the Eaton Fire, but no fire agencies have pointed to the utility's connection to the fire.
👉 SCE received notices from insurance companies to preserve evidence related to the Eaton Fire
👉 No fire agencies have pointed to the utility's connection to the fire
👉 SCE's shares declined 2.65%
👉 Estimated damage and economic loss: $135 billion to $150 billion
#DurgeshChopra #BipashaDey #ArunimaKumar #RajuGopalakrishnan #ShinjiniGanguli #LosAngeles #SantaMonica #Malibu #Pasadena #Bengaluru #world
#nevent1q…tcay

2025-01-10 14:01:40

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@nprofile…mr8r
✍️ Delta Air Lines forecasts 2025 profit above Wall Street expectations due to strong demand for premium travel and improved pricing power.
👉 Delta Air Lines forecasts 2025 profit above Wall Street expectations
👉 Strong demand for premium travel and improved pricing power
👉 Revenue growth of 7% to 9% in the March quarter from a year ago
👉 Premium ticket revenue growth outperformed main cabin by 6 percentage points in the December quarter
👉 Delta's 2025 outlook suggests a strong industry backdrop
#EdBastian #StephenTrent #Chicago #Atlanta #business
#nevent1q…5c7r

2025-01-10 08:21:25

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@nprofile…pkyy
✍️ Morgan Stanley promoted 173 employees to managing director roles, a 12% increase from 2024, as the banking sector prepares for a resurgence in mergers and acquisitions.
👉 Morgan Stanley promoted 173 employees to managing director roles, a 12% increase from 2024
👉 The banking sector is hopeful of a friendlier regulatory environment under the incoming Trump administration
👉 Lower interest rates are expected to stimulate dealmaking
👉 Morgan Stanley's investment banking sector has been performing well
👉 The bank is set to report its fourth-quarter results next week
#Bengaluru #business
#nevent1q…kjza

2025-01-10 06:20:14

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@nprofile…pkyy
✍️ The Simply Good Foods Company reported its first quarter earnings, beating estimates but missing revenue expectations. The company's CEO highlighted the growing popularity of nutritional snacking products.
👉 The company reported adjusted earnings per share of 49 cents, beating estimates
👉 Quarterly revenues of $341.268 million missed analyst consensus estimate
👉 Gross profit was $130.5 million, an increase of $15.4 million year over year
👉 The company reaffirmed its outlook for fiscal year 2025, expecting net sales to grow by 8.5% to 10.5%
👉 Adjusted EBITDA is expected to rise by 4% to 6%
#GeoffTanner #business
#nevent1q…a6zk