Economy
Deckers Sets FY2027 EPS Target, Raises Tariff Outlook
Deckers forecasts FY2027 diluted EPS of $7.35-$7.50 and raises its tariff assumption to 12.5%, following a Q1 fiscal 2027 revenue milestone.
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Investing
AI Spending Rattles Markets: Google, Tesla Shares Plunge on Cash Flow Concerns
Google parent Alphabet and Tesla shares plunged after reporting negative free cash flow due to massive AI investments, raising investor skepticism.
Markets
Warren Buffett Extends Influence with $30 Billion Google Investment
Despite retiring as CEO, Warren Buffett personally initiated Berkshire Hathaway's latest $30 billion Alphabet investment, citing a past oversight.
Stocks
Sugar Prices Fall on India Monsoon Recovery, Stronger Dollar
Sugar prices declined today, with October NY world sugar down -0.27% and London ICE white sugar down -1.08%, driven by improved monsoon...
Finance
Operational Agility Defines Top Middle Market Performers
Top middle market firms are redefining resilience, leveraging operational agility and targeted AI investments to convert economic uncertainty into a strategic advantage,...
Economy
Singapore MAS Holds Policy, Signals Vigilance on Inflation
Singapore's central bank is set to maintain monetary policy amidst mild inflation, but analysts expect a hawkish signal due to geopolitical and...
Stocks
Enova Targets 30-35% EPS Growth by 2026, Grasshopper Deal On Track
Enova International projects adjusted EPS growth of 30% to 35% for 2026, confirming its Grasshopper acquisition remains on schedule for later this...
Finance
UK Mortgage Rates Climb: Borrowers Face Renewed Pressure
Average UK mortgage rates have risen to a one-month high, fueled by renewed Middle East tensions and surging oil prices, impacting lender...
Markets
ECB Holds Rates at 2.25% as Oil Price Swings Cloud Inflation Outlook
The European Central Bank maintained its benchmark interest rate at 2.25% Thursday, citing high uncertainty over volatile energy prices and their inflationary...
Markets
Rocket Lab Secures NASA Deals: 3 Launches, $28.5M Immediate, $300M VADR Outlook
Rocket Lab has secured two NASA science mission contracts, PolSIR and TSIS-2, involving three Electron rocket launches estimated at $28.5 million, with...
Stocks
Wheat Futures Retreat After Overnight Multi-Year Highs
Wheat futures reversed course on Thursday, shedding gains after rallying to multi-year highs overnight. Chicago SRW and KC HRW contracts saw declines,...
World Business
Trump Imposes Double-Digit Tariffs on 60 Nations Over Forced Labor Concerns
President Trump has enacted new 10% to 12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans.