Asia-Pacific markets experienced mixed trading as uncertainties surrounding the U.S. economy persisted. Shares of Mitsubishi Motors surged by 4.5% following reports of an impending Electric Vehicle (EV) collaboration […]
Banks
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Klarna Partners with DoorDash for Buy Now, Pay Later Food Delivery Payments
Klarna has secured a buy now, pay later deal with DoorDash, marking another significant achievement ahead of its Initial Public Offering (IPO). This partnership aims to provide DoorDash […]
Technology
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Tesla Hosts Public ‘All-Hands’ Meeting Amid Challenging Quarter
Tesla has announced its first-ever public ‘all-hands’ meeting, live-streamed on X during a tough quarter. Initially posted at around 9:00 PM ET Thursday, the live stream titled “all […]
Economy
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Tariff Risks Constrain Both Trump and Powell’s Economic Strategies
President Donald Trump and Federal Reserve Chairman Jerome Powell acknowledged the potential impact of tariffs on the U.S. economy, adopting stances that contrasted with their earlier positions. Following […]
Markets
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Nike Warns of Tough Times Ahead Amid Tariff Challenges
Nike reported better-than-expected earnings but cautioned that the most challenging phase of its turnaround lies ahead. The company anticipates a significant drop in sales for the current quarter […]
Uncategorized
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Darden’s Positive Outlook on Casual Dining Boosts Texas Roadhouse
Darden Restaurants management expressed optimism regarding their expectations for casual dining, which is favorable news for Texas Roadhouse. Although Darden missed on fiscal 2025 third-quarter revenue and same-store […]
Technology
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Three charged in arson attacks at Tesla dealerships, charging stations
U.S. Attorney General Pamela Bondi announced on Thursday that three individuals have been charged in connection with arson incidents at Tesla car dealerships and charging stations. If convicted, […]
Uncategorized
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Nike Warns of Potential Sales Decline Amid Turnaround Plan and New Tariffs
Nike’s stock experienced a decline in extended trading after the company issued a warning about potential sales impacts due to its turnaround strategy and new tariffs. CFO Matt […]
Economy
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Jerome Powell insists pain from tariffs will be ‘transitory’
Federal Reserve Chair Jerome Powell reiterated his stance that the economic pain caused by tariffs would be ‘transitory.’ In a recent statement, Powell mentioned that the projected impact […]
NewsLetter
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Disney Shareholders Reject Proposal to End LGBTQ Rights Group Participation
Disney shareholders overwhelmingly rejected a proposal to cease participation in the Human Rights Campaign’s Corporate Equality Index (CEI), which evaluates corporate policies related to LGBTQIA+ workplace equality. The […]