VanEck Invests in DeFi Real Estate Platform Manifest
real estate tokenization In a statement posted to social media platform X, General Partner at VanEck Ventures Wyatt Lonergan and Partner Juan Lopez announced the firm’s investment in Manifest, a…
Business
General Mills stock drops as a slowdown in snacking drives a lower outlook
General Mills (GIS) is in for a tricky 2025 because it tries to sell its lineup of cereals and snacks. The Cheerios maker reported earnings on Wednesday that included lower…
Ben & Jerry’s alleges parent company Unilever removed its CEO over social activism
Ben & Jerry’s says its CEO was unlawfully removed by its parent company, Unilever, in retaliation for the ice cream maker’s social and political activism. In a federal court filing…
Fed to Shrink Balance Sheet at Slower Pace Until Debt-Ceiling Deal Reached
(Bloomberg) — The Federal Reserve said it should start shrinking its balance sheet at a slower pace starting next month, reducing the quantity of bond holdings it lets roll off…
Why Intel Stock Is Sinking Today
Intel (NASDAQ: INTC) stock is seeing an enormous sell-off in Wednesday’s trading on account of chip foundry news. The semiconductor company’s share price was down 7.1% as of three p.m….
Fed Holds Rates Regular, Sees Slower Growth and Higher Inflation
(Bloomberg) — Federal Reserve officials held their benchmark rate of interest regular for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain…
Gilead Sciences falls on report the Trump administration could slash funds for HIV prevention
Stock of the Day: Gilead Sciences falls on report the Trump administration could slash funds for HIV preventionJohn Moore/Getty Images Federal funding for HIV prevention might be slashed, in accordance…
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet
By Stephen Nellis and Anton Bridge SANTA CLARA, California/TOKYO (Reuters) -Japanese technology investor SoftBank Group is accelerating its move into chip technology corporations with the $6.5 billion purchase of Ampere…
Best Buy Co., Inc. (BBY) Stock Forecasts
Summary Best Buy Co. is a number one retailer of consumer electronics, with FY24 sales of $41.5 billion. Roughly 8% of revenue is from international operations. The Minneapolis-based company ended…
UWM Holdings Corporation (UWMC) Stock Forecasts
Summary Based in Pontiac, Michigan, UWM Holdings Corp. is a wholesale mortgage originator that focuses on broker services somewhat than direct-to-consumer loans. It generates revenue from three segments: loan production,…