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Category: Business

Celsius founder Alex Mashinsky sentenced to 12 years in prison for securities fraud

From Yahoo Finance: 2025-05-08 16:49:00 Alex Mashinsky, founder of Celsius Network, sentenced to 12 years in prison for securities and

May 8, 2025

Pinterest's revenue forecast exceeds expectations, driven by AI ad tools and increased marketing spend.

From Yahoo Finance: 2025-05-08 16:08:00 Pinterest surpassed revenue expectations for the first quarter, with a forecast for the current quarter

May 8, 2025

Citgo Petroleum reported an $82 million net loss in Q1 due to weak refining margins.

From Yahoo Finance: 2025-05-08 16:05:00 Venezuela-owned Citgo Petroleum reported an $82 million net loss in Q1, down from a $410

May 8, 2025

Stock market rallies for second day with Dow gaining 250 points, driven by positive trade news

From Barron’s: 2025-05-08 16:02:00 The stock market rallied on Thursday, with the Dow Jones Industrial Average gaining 255 points, the

May 8, 2025

Family offices slow deal-making in April, but AI-related SandboxAQ raises $450 million

From CNBC: 2025-05-08 15:06:00 Private investment firms of the ultra-rich, impacted by President Trump’s tariffs, reduced deal-making in April. Single-family

May 8, 2025

Target-date fund assets have hit record $4 trillion, proving to be successful retirement savings choice.

From Yahoo Finance: 2025-05-08 14:38:00 Target-date fund assets have hit a record $4 trillion in 2024, making them the top

May 8, 2025

Government investing billions in air traffic control upgrades boosts Delta, United, and American stocks.

From Yahoo Finance: 2025-05-08 14:37:00 Airlines face pressure over air traffic control safety concerns, but the U.S. government plans to

May 8, 2025

Kilroy Realty reports decrease in occupancy and lower earnings, but remains optimistic

From Yahoo Finance: 2025-05-08 13:30:00 Kilroy Realty reported fair earnings last quarter with occupancy decreasing in San Francisco, Los Angeles,

May 8, 2025

Standard Chartered's Head of Digital Asset Research predicts Bitcoin hitting $200,000 by the end of 2025

From Yahoo Finance: 2025-05-08 13:10:00 Standard Chartered’s Head of Digital Asset Research, Geoffrey Kendrick, revises his Bitcoin prediction, hinting that

May 8, 2025

Summary: Autopay is convenient for recurring expenses, but can lead to problems if not monitored.

From Yahoo Finance.: 2025-05-08 13:01:00 Automatic bill pay, or autopay, is a common financial recommendation to automate recurring expenses like

May 8, 2025

Positive. Global Payments, Inc. reported strong financial performance, surpassing revenue and earnings expectations.

From Yahoo Finance: 2025-05-08 12:58:00 Global Payments, Inc. released an analyst report showing a strong financial performance in the second

May 8, 2025

Palantir Technologies Inc reported strong Q2 earnings with revenue up 49%.

From Yahoo Finance: 2025-05-08 12:58:00 Analyst Report: Palantir Technologies Inc. recently reported strong Q2 earnings, with revenue reaching $375 million,

May 8, 2025

Bill Gates plans to double charitable giving to $200 billion by 2045

From CNBC: 2025-05-08 12:48:00 Bill Gates plans to double his charitable giving to $200 billion over 20 years, motivated by

May 8, 2025

Bitcoin surpasses $100,000, boosting crypto stocks like Coinbase, Strategy, Mara, and Riot

From Yahoo Finance: 2025-05-08 12:42:00 Bitcoin price surpasses $100,000, boosting crypto stocks like Coinbase, Strategy, Mara, and Riot. The surge

May 8, 2025

Declining demand for food storage due to trade war and inflation fears

From Yahoo Finance: 2025-05-08 12:30:00 Americold, a cold storage warehouse operator, reports declining demand from food-producing customers due to tariff

May 8, 2025

Nexstar Media Group reports revenue decline but raises dividend, stock price increases

From Yahoo Finance: 2025-05-08 12:29:00 Nexstar Media Group, Inc. (NASDAQ: NXST) reported a 3.9% decrease in net revenue to $1.234

May 8, 2025

Average rate on US 30-year mortgage remains at 6.76%, close to highest levels this year

From Yahoo Finance: 2025-05-08 12:01:00 The average rate on a 30-year mortgage in the U.S. remained at 6.76%, close to

May 8, 2025

AI startups like Pano AI are supporting wildfire prevention efforts with early detection technology.

From NVIDIA: 2025-05-08 12:00:00 Fires in Los Angeles have destroyed over 16,000 structures this year, causing estimated damages of $164

May 8, 2025

Uncertainty around tariffs delays US Fed interest rate cut decision

From Morningstar: 2025-05-08 11:33:00 The Federal Reserve is holding off on changing interest rates until the impact of tariffs becomes

May 8, 2025

Costco sales are up as members prioritize value and newness over stocking up due to tariffs

From Yahoo Finance: 2025-05-08 11:16:00 Costco Wholesale saw a 7% increase in sales in April, with U.S. traffic up 5%.

May 8, 2025

OMV Petrom secures gas supply deal with Moldova, enhancing energy security and reducing reliance on Russian gas.

From Yahoo Finance: 2025-05-08 11:11:00 Romania’s OMV Petrom signs gas supply deal with Moldova, covering a quarter of Moldova’s annual

May 8, 2025

Buckley Capital saw -0.5% return in Q1 2025 due to economic uncertainty

From Yahoo Finance: 2025-05-08 11:06:00 Buckley Capital Advisors released its Q1 2025 investor letter, reporting a -0.5% return for the

May 8, 2025

EPAM reported strong Q1 earnings, raised guidance, and announced leadership succession

From Yahoo Finance: 2025-05-08 11:02:00 EPAM Systems, Inc. reported first-quarter 2025 results, with sales growing 11.7% year-over-year to $1.302 billion,

May 8, 2025

WEC Energy price target raised to $115 from $110 on strong performance

From Yahoo Finance: 2025-05-08 10:40:00 Scotiabank analyst Andrew Weisel raised WEC Energy’s price target to $115 from $110, citing above-average

May 8, 2025

Klaviyo price target lowered to $45 from $56 due to software multiples trending lower

From Yahoo Finance: 2025-05-08 10:31:00 Needham analyst Scott Berg lowered Klaviyo’s price target to $45 from $56, citing software multiples

May 8, 2025

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