Author: franperez66q@protonmail.com
S&P 500, Nasdaq gain on report of Middle East peace deal progress Source link
Is now the time to step and buy shares of Meta Platforms ? If concerns about the monetization of artificial intelligence investments and the wait for new revenue streams were keeping you on the sidelines, then two major updates from the company may have just given you the green light. The first came during Meta’s annual shareholder meeting late Wednesday, when CEO Mark Zuckerberg was asked about the possibility of entering the public cloud space. His response? “It’s definitely on the table.” He added that “almost every week there are different companies that come to us from outside asking us…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | ReutersThe move by the Commodity Futures Trading Commission to vacate a consent order against the cryptocurrency exchange company Gemini Trust is “very unusual,” a former CFTC chair told CNBC’s “Squawk on the Street” on Thursday.Tim Massad, the former chair, also said he did not know details of the CFTC’s case against Gemini, which was founded by the Winklevoss twins, because it came after his tenure at the agency, but noted that during his tenure…
Warren Buffett’s maxim to “be greedy when others are fearful” is among the most quoted pieces of investment wisdom, but contrarianism is not a strategy in itself. In Zscaler’s case, the post-earnings price action delivered a painful verdict.My thesis this week for a bearish-to-bullish reversal rested on the idea that ZS had been unfairly punished and that the 50-day moving average was turning positive. Despite beating past-quarter expectations on both revenue and earnings per share, the stock was brutalized by what came next: fiscal 2027 guidance pointing to roughly 16.5% growth, a figure that landed well below analyst expectations. Compounding the…
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum.Shares of the software maker surged 37% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI.Along with the announcement, Snowflake topped Wall Street’s fiscal first quarter adjusted earnings per share and revenue expectations.Finance chief Brian Robins told analysts on Wednesday that AI tools such as Cortex Code are driving a “step function change” in the company’s AI revenue potential.”AI is only transforming how we operate…
CBS News declined to renew contract for ‘60 Minutes’ correspondent who clashed with Bari Weiss Source link
That target gene is one that codes for proprotein convertase subtilisin/kexin type 9 (PCSK9). This enzyme plays a role in regulating LDL levels in the blood. Specifically, it promotes the destruction of LDL receptors on liver cells that would otherwise help clear LDL from circulation. Thus, people who have overactive versions of PCSK9 have fewer LDL receptors, and higher LDL levels in their blood. Those who have defective versions of PCSK9 have lower LDL levels. This has been known for years, making PCSK9 a well-established target. Multiple drugs already in use for treating high cholesterol work by hobbling PCSK9. With…
Former Labour PM Sir Tony Blair has accused the government of having “no coherent plan” for the country. Source link
Anton Petrus | Moment | Getty ImagesDrone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of discussions with a group of drone companies about potential funding deals, people familiar with the matter told The Wall Street Journal. The deals could include equity stakes that give the federal government some ownership, the Journal reported.Shares of Unusual Machines surged nearly 50% after the Journal reported it is one of the companies in talks with the Pentagon. A deal would…
Passengers are seen at the international arrival gate of JFK International Airport in New York on June 16, 2025. Charly Triballeau | Afp | Getty ImagesGroups representing the largest U.S. airlines and hotel chains slammed the Trump administration’s potential halt of customs and immigration processing at “sanctuary city” airports, warning such a move could have “devastating” consequences on the industry.Homeland Security Secretary Markwayne Mullin said in an interview on Fox News’ “Hannity” on Tuesday night that if “radical left Democrats” aren’t allowing the government to “enforce federal laws… we shouldn’t be processing international flights into their cities either.” The secretary’s…