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The Latest Breaking News on Business

Public Service Enterprise Stock Outlook: Is Wall Street Bullish or Bearish?

Despite Public Service Enterprise's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Toyota CEO: RAV4-Based Pickup Is An 'Opportunity For Us'

Toyota CEO: RAV4-Based Pickup Is An 'Opportunity For Us'

Ever since the Ford Maverick debuted, people have been wondering when Toyota would launch a competitor. It’s been five years, and the Japanese automaker has yet to launch a proper compact pickup, not that it's eager to do so. But when the time comes, Toyota will have something ready, and…

Jim Cramer Just Identified an AI Infrastructure Supplier Yet to Fully Price in April’s Compute Demand Surge

Jim Cramer Just Identified an AI Infrastructure Supplier Yet to Fully Price in April’s Compute Demand Surge

Modine Manufacturing has missed out on the recent semiconductor rally despite a pivotal role in data centers.

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What Are Wall Street Analysts' Target Price for Cigna Stock?

Cigna has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Cisco Systems Q3 Earnings Call Highlights

Cisco Systems (NASDAQ:CSCO) reported record fiscal third-quarter revenue and raised its expectations for artificial intelligence infrastructure orders, as executives said demand accelerated across hyperscale, enterprise and public-sector customers. Chair and CEO Chuck Robbins said Cisco delivered “

Eastern Q1 Earnings Call Highlights

Eastern (NASDAQ:EML) reported lower first-quarter fiscal 2026 sales and earnings from continuing operations, as weaker demand for returnable transport packaging and an operating issue at its Big 3 Precision business weighed on margins. Management said improving order trends and sequential backlog gr

Consolidated Edison Stock Outlook: Is Wall Street Bullish or Bearish?

Consolidated Edison has lagged the broader market over the past year, as analysts maintain a cautious outlook on the utility giant.

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CBRE Group Stock Outlook: Is Wall Street Bullish or Bearish?

CBRE Group Stock Outlook: Is Wall Street Bullish or Bearish?

CBRE Group has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.

Trump Tariff Refunds: CBP Begins Processing $35 Billion in Corporate Reimbursements

Trump Tariff Refunds: CBP Begins Processing $35 Billion in Corporate Reimbursements

US businesses are receiving billions in tariff refunds after a Supreme Court ruling deemed Trump-era tariffs illegal, sparking political debate and a complex refund process.

International Business Times UK

Are Wall Street Analysts Predicting UnitedHealth Stock Will Climb or Sink?

Are Wall Street Analysts Predicting UnitedHealth Stock Will Climb or Sink?

UnitedHealth has substantially underperformed the broader market over the past year amid regulatory and operational challenges, although analysts continue to maintain a cautiously constructive view on the company’s long-term growth prospects.

CTW Cayman H1 Earnings Call Highlights

CTW Cayman (NASDAQ:CTW) reported nearly flat revenue for the first half of fiscal 2026 while posting a GAAP net loss, as management said new game launches underperformed expectations and mature titles continued to age through their life cycles. On the company’s earnings call for the six months ende

ZoomInfo Stock Plunges as Company Slashes Jobs. Wall Street Doesn’t Know Whether to Love or Hate AI Layoffs.

ZoomInfo Stock Plunges as Company Slashes Jobs. Wall Street Doesn’t Know Whether to Love or Hate AI Layoffs.

ZoomInfo stock cratered after sweeping layoffs and weak guidance reignited fears that AI could disrupt the company’s core sales-intelligence business.

Soybeans Pushing Higher Ahead of Trump/Xi Visit

Soybeans Pushing Higher Ahead of Trump/Xi Visit

Soybeans are trading with 1 to 2 cent gains on Wednesday morning. Futures were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. Open interest rose 8,392 contracts on Tuesday. The cmdtyView national average Cash Bean price was up 14 1/2 cents...

Valneva Q1 Earnings Call Highlights

Valneva (NASDAQ:VALN) reported lower first-quarter revenue and a wider loss for 2026, while management said the company is focused on conserving cash as it awaits the next regulatory steps for its Lyme disease vaccine candidate being developed with Pfizer. Chief Executive Officer Thomas Lingelbach

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Foxconn confirms cyberattack hit some North American factories — hackers say they stole 8TB of data, including Apple and Nvidia files

Ransomware operators Nitrogen claimed the breach, saying they stole valuable technical information.

International Business Times

Wholesale Inflation Jumps 6%, The Highest Increase In More Than Three Years

Wholesale prices saw their highest annual increase in over three years, according to the latest figures.

The Independent UK

Brazil's beloved instant payment system faces scrutiny from the Trump administration

Brazil may be politically divided but people across the spectrum all love the country's instant payment system

The Independent UK

Walmart to lay off or relocate 1,000 employees in bid to ‘simplify’ operations, report says

A company source says the decision isn’t related to AI

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Dream Finders Homes’ Hostile Bid Creates a Dual Squeeze Play

Dream Finders Homes is making an aggressive all-cash bid for Beazer Homes, a catalyst that may unlock value and signal further sector consolidation.

What did Sam Altman say at the Elon Musk OpenAI trial

OpenAI CEO Sam Altman testified that he felt Elon Musk "abandoned" his company and put them in "a very difficult place," as they both vied for control.

The Economic Times

US wholesale prices rise 6.0% year-on-year in April, highest since 2022

American wholesale prices saw a significant jump in April. This surge marks the highest yearly increase in over three years. Higher energy costs, influenced by the Iran war, are the primary driver. This follows a similar trend in consumer inflation. The situation presents a challenge for President Donald Trump's economic…

The Independent UK

Japanese automaker Nissan reduces losses and expects to return to profit

Japanese automaker Nissan says it reduced losses for the fiscal year through March

International Business Times

Meta Employees Reportedly Launch Protest Over Tech Tracking Mouse Movements And Keystrokes

Meta employees have launched a protest against the company's decision to implement a technology tracking their mouse movement and keystrokes to train its AI model, according to a new report.

The Economic Times

Alibaba to exceed planned AI spending and says margin is secondary

Alibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly results impacted by significant investments in AI and cloud infrastructure. Despite profit pressures, Alibaba aims for market leadership, prioritising growth over margins. Demand for AI is surging, benefiting Alibaba's…

The Free Financial Advisor

The New Remittance Transfer Tax Begins January 1—Here’s How It Works

Money moves fast these days. A few taps on a phone can send cash across borders in seconds, whether someone helps family overseas, pays international workers, or covers expenses abroad. Starting January 1, though, those transfers could come with a brand-new cost that many Americans never saw coming.

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