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News
Tech firms hit by AI slowdown call with Fed expected to hike rates
8+ hour, 31+ min ago (676+ words) Tech firms tumbled Monday after leaders of companies at the forefront of the AI boom backed calls for a slowdown in development in the sector amid warnings that it could pose a threat to humanity. The equity market losses were…...
Impact BioMedical Inc (NYSE American: IBO) Announces 1 for 12.62 Reverse Stock Split to Pursue Completion of Merger with Zoar Ltd. (previously Dr. Ashley’s Ltd.)
2+ day, 15+ hour ago (169+ words) ( Read the original merger announcement here.). Upon completion of the proposed merger, Impact stockholders are expected to receive one (1) share of Zoar Ltd. for every four (4) shares of Impact Common Stock held immediately prior to the effective time of the…...
Should You Buy Walmart Stock After a 14% Decline in Six Months?
3+ day, 8+ hour ago (281+ words) Walmart's 14% six-month slide improves its entry point, but premium valuation, cost pressures and weaker estimates argue for patience. Should You Buy Walmart Stock After a 14% Decline in Six Months? Walmart Inc. WMT shares have lost 14.3% over the past six months,…...
3 Reasons to Sell JPM and 1 Stock to Buy Instead
3+ day, 5+ hour ago (392+ words) JPMorgan Chase has had an impressive run over the past six months as its shares have beaten the S&P 500 by 10.3%. The stock now trades at $353.72, marking a 23% gain. This was partly due to its solid quarterly results, and the…...
US braces for inflation report that may push Fed to hike rates
3+ day, 10+ hour ago (620+ words) A consumer inflation report due Friday could pave the way towards the US central bank's first interest rate hike in more than three years, as the war with Iran drives energy costs higher. After data this week showed an uptick…...
Even at 30p, I’m still running a mile from this FTSE stock
3+ day, 20+ hour ago (521+ words) A stock might have fallen in value, and even be trading at a low absolute level. However, that doesn't always mean it's a bargain worth buying. After mulling over one such example, I'm confident I don't want to own the…...
UK's FTSE 100 Drops; Associated British Foods Leads Fallers
3+ day, 19+ hour ago (65+ words) Yahoo Finance UK UK's FTSE 100 Drops; Associated British Foods Leads Fallers British equities remained in negative territory on Thursday, with the FTSE 100 closing 0.55% lower, as persistent US-Iran attacks on shipping disrupted oil flows through the Strait of Hormuz, keeping Brent…...
Witkoff earned nearly $107M from Trump-affiliated crypto venture, disclosures show
4+ day, 14+ hour ago (273+ words) U.S. special envoy Steve Witkoff made nearly $107 million last year from a holding company affiliated with World Liberty Financial, the cryptocurrency firm he cofounded with President Donald Trump and members of their respective families, according to financial disclosures obtained by a…...
Bridgepoint eyes sale of stake in Japanese restaurant chain Itsu
4+ day, 23+ hour ago (448+ words) The private equity backer of Itsu, the Japanese casual dining chain and grocery supplier, is preparing to sell its stake as the company's founder plots an ambitious plan to grow annual sales to over £500m. Sky News has learnt that Bridgepoint,…...
Arm's Rise Hides a $200 Billion Robot Bet
4+ day, 16+ hour ago (202+ words) Yahoo Finance UK Arm's Rise Hides a $200 Billion Robot Bet This article first appeared on GuruFocus. Arm Holdings (NASDAQ:ARM), the chip-architecture powerhouse spanning smartphones, data centers and edge computing, climbed approximately 1.3% to $264.73 Wednesday. Investors are looking beyond cloud AI…...