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Category: Business

Morgan Stanley initiates Equal Weight rating for Parker-Hannifin Corp, sees improved valuation and secular model

From Yahoo Finance: 2025-06-05 20:38:00 Morgan Stanley initiated coverage of Parker-Hannifin Corporation (PH) with an Equal Weight rating and a

June 5, 2025

Uber Eats partners with Five Below to deliver affordable, trendy products nationwide

From Yahoo Finance: 2025-06-05 20:19:00 Uber Eats and Five Below have teamed up to offer delivery of affordable, trendy products

June 5, 2025

PowerSecure partners with Edged to provide eco-friendly power distribution systems for data centers

From Yahoo Finance: 2025-06-05 19:38:00 PowerSecure, a subsidiary of The Southern Company, is partnering with Edged to provide eco-friendly power

June 5, 2025

Tesla shares drop over 14% as Elon Musk feuds with Trump over budget, impacting sales

From Morningstar: 2025-06-05 19:11:00 Tesla CEO Elon Musk and US President Donald Trump are in a public feud over the

June 5, 2025

Procter & Gamble to cut 7,000 jobs due to tariffs and economic challenges

From Yahoo Finance: 2025-06-05 18:44:00 The Procter & Gamble Company (NYSE:PG) plans to cut up to 7,000 jobs— about 6%

June 5, 2025

Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A partner to create sustainable aviation fuel solution.

From Yahoo Finance: 2025-06-05 18:16:00 Honeywell International Inc., Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have partnered to create a

June 5, 2025

Uber CEO believes stablecoins could lower cross-border costs, exploring digital assets' potential

From Yahoo Finance: 2025-06-05 18:05:00 Uber CEO Dara Khosrowshahi believes stablecoins could lower cross-border costs, exploring the digital assets’ potential

June 5, 2025

Walmart expanding drone deliveries to 5 states, offering quick delivery of groceries and medication

From CNBC: 2025-06-05 17:59:00 Walmart is expanding drone deliveries to 100 stores in Atlanta, Charlotte, Houston, Orlando, and Tampa within

June 5, 2025

Kendra Tucker steps down as Truckstop CEO, Founder Scott Moscrip becomes interim CEO

From Yahoo Finance: 2025-06-05 17:59:00 Truckstop CEO Kendra Tucker is stepping down after three years. Founder Scott Moscrip will serve

June 5, 2025

Akre Capital Management plans to convert its mutual fund to an ETF, benefiting shareholders.

From Yahoo Finance: 2025-06-05 17:45:00 Akre Capital Management plans to convert its Akre Focus Fund to an ETF in fall

June 5, 2025

JPMorgan now accepting cryptocurrency as collateral for loans, signaling mainstream acceptance of Bitcoin.

From Yahoo Finance: 2025-06-05 17:45:00 JPMorgan Chase is now accepting cryptocurrency investments, including BlackRock’s iShares Bitcoin Trust (IBIT), as collateral

June 5, 2025

Circle's successful $1.05 billion IPO may lead other crypto firms to go public

From Yahoo Finance: 2025-06-05 17:37:00 Stablecoin issuer Circle’s $1.05 billion IPO could lead other crypto players to go public as

June 5, 2025

Tesla shares drop significantly as Elon Musk and Donald Trump clash over budget bill

From Yahoo Finance: 2025-06-05 17:37:00 The S&P 500 fell 0.6% on Thursday due to a rise in unemployment claims, raising

June 5, 2025

Greif stock rose nearly 16% after strong Q2 earnings beat

From Yahoo Finance: 2025-06-05 17:37:00 Veteran industrial company Greif (NYSE: GEF) impressed investors with a strong earnings beat in Q2

June 5, 2025

Meta is seeking exclusive Hollywood content for its new VR headset to compete with Apple's Vision Pro.

From Yahoo Finance: 2025-06-05 17:11:00 Meta Platforms, Inc. is in talks with Disney and A24 for exclusive content for its

June 5, 2025

Truist raises Genesco's price target by $2 to $25, maintaining a Hold rating.

From Yahoo Finance: 2025-06-05 17:07:00 Truist raises Genesco’s price target by $2 to $25, maintaining a Hold rating on the

June 5, 2025

Lululemon lowers profit forecast due to tariffs and weak demand, shares drop 22%.

From Yahoo Finance: 2025-06-05 16:12:00 Lululemon cuts profit forecast due to higher costs from U.S. tariffs and lackluster demand. Shares

June 5, 2025

Foxconn investing $450 million in Houston, creating 600 jobs, with Apple and Nvidia also investing

From Yahoo Finance.: 2025-06-05 15:40:00 Taiwan-based Foxconn acquires Fairbanks Logistics Park in Houston, investing $450 million to build AI server

June 5, 2025

Stock market dips in final hour, Dow down 130 points, Tesla plummets 14%

From Dow Jones & Company: 2025-06-05 15:36:00 In the final hour of trading, the stock market took a hit with

June 5, 2025

Bank of America analyst maintains Sell rating on Lyft due to rising competition from autonomous vehicles

From Yahoo Finance: 2025-06-05 15:24:00 Bank of America Securities analyst Mike McGovern maintained a Sell rating on Lyft Inc. (NASDAQ:

June 5, 2025

Major companies announce layoffs to trim costs and adjust to market changes

From CNBC: 2025-06-05 14:47:00 Elon Musk ends government cost-cutting initiative, but mass layoffs still impact corporate America amid global economic

June 5, 2025

Procter & Gamble to cut 7,000 jobs due to slowing growth and tariffs

From CNBC: 2025-06-05 14:12:00 Procter & Gamble will cut 7,000 jobs, equivalent to 15% of its nonmanufacturing workforce, amid President

June 5, 2025

Retail investors, specifically on Robinhood, are seen as powerful players in the market.

From Yahoo Finance: 2025-06-05 13:44:00 Robinhood executive Steve Quirk credits retail investors for market rebound after April plunge, noting young

June 5, 2025

Automakers face "hangover" from declining inventory, higher prices, and weak consumer sentiment

From Yahoo Finance: 2025-06-05 13:37:00 Auto sales surged in May, but a “hangover” looms for the industry. Ford, Toyota, Honda,

June 5, 2025

Tech companies are laying off workers due to AI, but Anthropic is attracting and retaining talent.

From Yahoo Finance: 2025-06-05 13:33:00 Tech companies like Microsoft have announced multiple layoffs, reflecting a trend in the industry. The

June 5, 2025

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