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The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. The Japanese tech-focused investment firm saw shares drop … Read more
Advance Auto Parts, Inc. (NYSE: AAP) on Thursday announced financial results for the second quarter of fiscal 2025, reporting a decline in sales and earnings. Net sales were $2.01 billion in the second quarter, compared to $2.18 billion in the prior-year period. Comparable store sales edged up 0.1% during the quarter. Net income decreased to … Read more
Shares of The Estée Lauder Companies Inc. (NYSE: EL) were up 2% on Wednesday. The stock has gained 46% over the past three months. The beauty giant is slated to report its earnings results for the fourth quarter of 2025 on Wednesday, August 20, before market open. Here’s a look at what to expect from … Read more
Fewer Americans are reporting that they drink alcohol amid a growing belief that even moderate alcohol consumption is a health risk, according to a Gallup poll released Wednesday. A record high percentage of U.S. adults, 53%, now say moderate drinking is bad for their health, up from 28% in 2015. The uptick in doubt about alcohol’s benefits … Read more
What happens when a U.S. president tries to take down the CEO of a publicly traded company? We’re about to find out in a bizarre case that could alter not just the career of a CEO but also a one-time corporate jewel of American enterprise, a global industry, and what a previous Commerce Secretary has … Read more
Dropbox, Inc. (NASDAQ: DBX) reported mixed results for the second quarter of fiscal 2025, with adjusted earnings increasing and revenues declining modestly. The tech firm, a leading cloud-based document management platform, reported adjusted earnings of $0.71 per share for the second quarter, compared to $0.60 per share in the corresponding period last year. On a … Read more
The U.S. dollar rose marginally on the DXY foreign currency index over the last 24 hours but no one really believes it will work its way back up to where it was at the start of the year. The greenback is down 9.4% YTD. President Trump openly admitted a few days ago that he wants … Read more
During the pandemic, one of the few things people enjoyed were low mortgage rates. From spring 2020 through 2021, mortgage rates were around or even below 3%. Rates steadily crept up during 2022 and 2023, peaking at 8% in late 2023. At the time, economists warned home buyers to get used to high mortgage rates. … Read more
NEWYou can now listen to Fox News articles! Former Biden administration staffer Annie Tomasini is expected to appear before congressional investigators on Friday after being subpoenaed by House Oversight Committee Chairman James Comer, R-Ky. Tomasini, former Assistant to the President and Deputy Chief of Staff for ex-President Joe Biden, was previously scheduled to appear for … Read more
United Airlines Holdings, Inc. (NYSE: UAL) on Wednesday announced financial results for the second quarter of 2025. Revenues missed Wall Street’s expectations. The aviation giant’s second-quarter earnings, excluding special items, were $3.87 per share, compared to $4.14 per share in Q2 2024. On an unadjusted basis, the company posted a net income of $973.0 million … Read more
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