Activist Starboard Value buys 9% stake in Tripadvisor, stock rises by 7% in after hours.
Activist investor Starboard Value has acquired over 9% stake in Tripadvisor, valued at $160 million. This news caused Tripadvisor’s share
Category: Business
Bunge completes $34 billion merger with Viterra, creating crop giant
Global agribusiness Bunge Global has officially closed a $34 billion mega-merger deal with Viterra, creating a crop trading and processing
US lifts restrictions on ethane exports to China, benefiting Enterprise Products Partners and Energy Transfer.
The U.S. has lifted restrictions on ethane exports to China, benefiting producers Enterprise Products Partners and Energy Transfer. This move
Trump's tax bill could drive students to private lenders like SoFi for higher-cost programs
President Donald Trump’s tax legislation could benefit private student loan companies like SoFi Technologies Inc. The bill imposes limits on
Trump's immigration policy and economic fears lead to 2% drop in Modelo beer sales
From CNBC: 2025-07-02 16:21:00 Constellation Brands’ beer sales dropped 2% due to Trump’s immigration policy and economic fears. CEO Bill
Oracle partners with OpenAI to provide computing power for Stargate initiative, boosting stock 5%.
OpenAI has secured a significant amount of computing power from Oracle for its Stargate initiative. This agreement involves about 4.5
OpenAI did not partner with Robinhood for stock tokens, despite initial announcement
OpenAI clarifies it did not partner with Robinhood for stock tokens, despite Robinhood’s announcement of granting OpenAI and SpaceX tokens
The S&P 500 and Nasdaq set new records before jobs report
The stock market hit new highs with the S&P 500 and Nasdaq Composite reaching record levels. The S&P 500 rose
Dollar weakened on weak US labor news and escalating trade tensions with Japan.
The dollar index fell by -0.03% on Wednesday due to concerns about weakening US labor market showing in the June
Natural gas prices rose due to smaller-than-average inventory build and increased electricity output
Aug nat-gas prices rose on Wednesday due to expectations of a smaller-than-average increase in weekly inventories. Forecasts of cooler temperatures
DHL appoints new CEOs for Americas divisions, including for eCommerce, Supply Chain; positive
DHL has revamped its Americas region leadership team, with Michael Young taking over as CEO for the United States on
Veteran fund manager raises price targets for Palantir and Nvidia, warning of potential market disappointment.
The S&P 500 dipped 0.1% on July 1 and remained flat on July 2, kicking off the second half of
Uber is considering purchasing Pony.ai's US unit, potentially backed by Travis Kalanick.
Uber Technologies, Inc. (NYSE:UBER) is considering purchasing Pony.ai’s US operations, rated among the best FAANG stocks by hedge funds. Talks
Alibaba merges Fliggy and Ele.me to enhance core e-commerce platform, focusing on quality consumption.
Alibaba Group Holding Limited (NYSE: BABA) merges Fliggy and Ele.me to strengthen its core e-commerce platform. The company aims to
Footwear stock ON Holding AG poised for rebound after hitting moving averages support.
Footwear stock On Holding AG (NYSE: ONON) is poised for a rebound, up 3.4% at $53.97 after hitting support at
Analyst believes Rigetti Computing stock will rise to $15 due to potential in quantum computing
Rigetti Computing (RGTI) shares are in focus as Cantor Fitzgerald analyst Troy Jensen initiates coverage with an “Overweight” rating, expecting
Ripple seeks US bank charter for regulatory clarity and integration
Crypto firm Ripple is seeking a national bank charter in the U.S., following Circle’s move. This reflects a push for
Job market weakening, companies offering buyouts with large severance packages
From Yahoo Finance: 2025-07-02 13:40:00 Companies are offering buyouts to employees, tempting with large severance packages. In a weakening job
Trump's immigration policies impacting Hispanic consumer base causing beer sales decline for Constellation Brands
From Yahoo Finance: 2025-07-02 13:36:00 Constellation Brands, owner of Modelo and Corona beers, reports a 3.3% drop in beer shipment
Soybean prices rising due to strong product demand, with analysts predicting increased bookings
Soybean contracts are up 16 to 20 cents, with no deliveries issued overnight. Cash bean prices are at $10.07 1/4.
AMD beats Nvidia in 1-month gains fueled by strong Q1 earnings and data center demand
Artificial intelligence (AI) stocks like AMD and Nvidia are surging due to easing recession fears and reduced U.S.-China trade tensions.
Microsoft is cutting up to 4% of workforce to invest in AI, following other tech giants.
From Yahoo Finance: 2025-07-02 13:03:00 Microsoft is cutting its workforce by up to 4%, or around 9,000 jobs, as the
Top 10% of 50-59-year-olds have net worth of $2.6M, with $375K in debt on average.
From Yahoo Finance: 2025-07-02 13:01:00 Are you doing better financially than your peers? The Federal Reserve’s Survey of Consumer Finances
Surplus sugar supply leads to plummeting prices in global market
Sugar prices continue to fall, with NY Oct sugar reaching a new low and London sugar at a 3-3/4 year
Caller asks if it's appropriate to inquire about employee's finances for pay
From Yahoo Finance: 2025-07-02 12:30:00 A business owner sought advice on “The Ramsey Show,” wondering if it’s appropriate to inquire