Stocks
RMNI Sets Q3 2026 Revenue Target, Reaffirms 4%-6% FY Growth
Rimini Street (RMNI) has projected Q3 2026 revenue between $110 million and $112 million, while reiterating its full-year 2026 growth target of...
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Markets
Oil Dips: Hormuz Management Talks Drive Prices Down
Crude oil prices fell as Iran and Oman discussed Strait of Hormuz management, raising hopes for free oil flow. Investors also engaged...
Stocks
Live Cattle Futures Post Strong Gains, Rebound Continues
Cattle futures saw significant gains across the board on Thursday, extending a recent bounce. Live cattle contracts rose by up to $3.47,...
Investing
Leverage Fuels Spectacular Demise of AI Fund Situational Awareness
Leopold Aschenbrenner's AI hedge fund, Situational Awareness, spectacularly imploded this week, selling its $20 billion portfolio to Citadel. The rapid collapse highlights...
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...
Economy
Economy Slows to 1.5% Growth, Consumers Maintain Spending Pace
The U.S. economy grew at a 1.5% annual rate in the spring, a slowdown from Q1, but consumer spending remained strong at...
Economy
Tariff Costs Mount in Michigan, Worrying Even Trump Loyalists
President Trump touts tariffs in Michigan, but rising costs and job losses contradict his claims, causing concern among some loyal supporters.
Economy
Boot Barn Targets $2.6B FY2027 Sales, $9.23 EPS Boosted by Tariff Refunds
Boot Barn projects robust financial growth for FY2027, aiming for $2.6 billion in sales and $9.23 EPS, with $0.46 of EPS stemming...
Stocks
Primaris REIT Reports Q2 Results with $0.314 AFFO
Primaris Real Estate Investment Trust announced its second-quarter financial results, reporting AFFO of $0.314 and revenue of $174.1 million.
Markets
BOE Holds Rates Steady Amid Oil Price Volatility
The Bank of England is expected to maintain its benchmark interest rate at 3.75%, adopting a cautious stance as oil prices fluctuate...
Finance
CAF Bank Fraud Alert Halts Charity Payrolls, Sparks Sector Outcry
A cyber fraud alert at CAF Bank has suspended online services for 14,000 UK charities since July 24, leaving many unable to...
Markets
Tesla Misses Profit Despite Record Deliveries: Where Did the Money Go?
Tesla surpassed delivery and revenue targets but fell short on profit and margins, with rising costs and an unfavorable sales mix cited...