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Deckers Outdoor Corp (DECK) reports a 10% revenue increase, driven by strong performance from HOKA and UGG brands, amidst challenges from tariffs and inflationary pressures.
<body><p>STORY: Texas is suing WhatsApp and parent firm Meta.</p><p>The state says they misled consumers over the messaging app’s encryption and privacy standards.</p><p>In a statement Thursday, Texas Attorney General Ken Paxton said “WhatsApp markets its services as secure and encrypted, but it does not deliver on those promises”.</p><p>The lawsuit says users are given false assurance that their messages are encrypted, even though Meta and WhatsApp have access to “virtually all” private communications on the app.</p><p>A Meta spokesman called the allegations “false”, and said that WhatsApp cannot access people’s encrypted messages.</p><p>The suit seeks a court order barring access to Texans’ communications without their consent.</p><p>It also demands monetary penalties.</p><p>The legal action cites reports about a federal probe into claims that Meta had access to unencrypted WhatsApp messages.</p><p>It also refers to a whistleblower report to U.S. financial watchdogs.</p><p>Paxton’s office has previously filed similar claims against big companies, including one against Google.</p><p>Last year the search giant agreed to pay $1.375 billion to settle claims that it violated users’ data privacy.</p></body>
SolarEdge Technologies (SEDG) has come under pressure after a broader pullback in cyclical stocks tied to rising long term Treasury yields and ongoing inflation concerns linked to geopolitical tensions, which has soured sentiment toward the solar equipment maker. See our latest analysis for SolarEdge Technologies. Recent trading has been sharply positive, with a 1 day share price return of 12.06%, a 30 day share price return of 55.29%, and a year to date share price return of 100.89%...
Andrew Sather of The Investing for Beginners Podcast recently made a point that should reshape how investors think about recession headlines. "When people say there’s a recession, they’re saying it 6 months after it happens. Like, that’s the literal definition of it. You have to wait 6 months," he said on the episode Back to ... Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late
Agnico Eagle Mines (AEM) has approved redevelopment of its Hope Bay project in Nunavut, committing US$2.4b to an underground gold mine and a 6,000 tonnes per day processing facility tied to federal Arctic development support. See our latest analysis for Agnico Eagle Mines. The Hope Bay commitment comes as Agnico Eagle’s stock has eased in the short term, with the 30 day share price return down 12.48% and the 90 day share price return down 22.13%. At the same time, the 1 year total shareholder...
Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin for $2.6 billion through a federal lease sale, strengthening its long-term inventory following its merger with Coterra.
<p>The Trump administration plans to invest $2 billion in nine companies in the field of quantum computing, the U.S. Department of Commerce said Thursday. As with previous U.S. investments under Trump in firms including Intel and US Steel, the federal government will receive minority ownership stakes in the companies in return for the investments. </p> <p>Industrial technology giant IBM will receive $1 billion, the largest investment overall. IBM
As inflationary pressures rise globally, driven by higher energy costs and geopolitical uncertainties, the Asian markets are navigating a complex economic landscape. In this environment, identifying stocks that may be priced below their intrinsic value can offer potential opportunities for investors seeking to capitalize on market inefficiencies.
Record Q1 revenue, raised 2026 guidance, and the pending SkyWater acquisition give IonQ company-specific markers to watch as federal funding headlines draw attention back to quantum computing.
New federal quantum computing funding plans propelled this quantum specialist higher, today, May 21, 2026.
Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country's federal broadcast regulator said Thursday. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade negotiations with Canada. “The total contributions are expected to stabilize the funding at more than $2 billion in support of Canadian and Indigenous content, such as French-language content and news,” the regulator said in a press release.
Spaceships and quantum chips are becoming the latest objects of investors’ fascination—and the latest opportunity to exist in a world away from warning signs about U.S. consumers and fickle peace talks between the U.S. and Iran. Taken together, there is a sharpening contrast in markets between the wartime inflation surge and the promise of AI, aerospace, and emerging tech—which benefited Thursday from Nvidia strong earnings, federal investment in quantum computing and SpaceX’s leap toward the biggest IPO in history. “It’s really a dichotomy when you look at the consumer,” said Ken Mahoney, chief executive of Mahoney Asset Management.
Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment processing. Still, investors are uneasy as companies face challenges from an unpredictable interest rate and inflation environment. These doubts have certainly contributed to the indutry's recent underperformance - over the past six months, its 4.2% gain has fallen behind the S&P 500's 13.2% rise.
Take-Two Interactive Software beat Wall Street's targets for its fiscal fourth quarter but whiffed with its guidance.
Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.
There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...
Three major hospital systems have accused CVS of allegedly diverting hundreds of millions from the federal 340B Drug Pricing Program.
Quantum sector ignites on $2B federal backing aimed at beating China in tech race
Walmart Inc (WMT) reports robust sales growth with significant gains in e-commerce, marketplace, and advertising revenue, despite challenges from fuel costs and inflation.
China, on Wednesday, confirmed a 200-aircraft order from Boeing Co following President Donald Trump‘s meeting with Chinese President Xi Jinping last week. China Confirms Boeing Deal The country will purchase the aircraft, China’s Ministry of Commerce said in a statement,...
Zscaler Inc. (NASDAQ:ZS) is expected to deliver a strong fiscal third quarter when it reports results on May 26, with Jefferies analysts saying the cybersecurity company is well positioned to beat consensus annual recurring revenue growth expectations. Jefferies is modeling F3Q ARR at $3.51...
Meta Platforms on Thursday settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement fully resolves a lawsuit brought by Breathitt County School District in eastern Kentucky, following earlier settlements by co-defendants Alphabet's YouTube, Snap and TikTok. The case had been scheduled for a June 15 trial in federal court in Oakland, California.
May 21 () - The Trump administration is ramping up efforts to secure U. supply chains for critical minerals and semiconductors by converting federal grants for companies into equity stakes, aimed at reducing reliance on China.
Surging inflation means Warsh will struggle to deliver the rate cuts Trump wants.
Kevin Warsh takes over as Fed Chair on Friday, May 22, inheriting an inflation problem that none of his predecessors faced. For four decades, falling semiconductor prices quietly held down U.S. inflation. That tailwind has reversed, and the AI infrastructure boom is the reason. Headline Personal Consumption Expenditures (PCE) inflation ran at 4% in March, ... Fed Chair Kevin Warsh Has a New Inflation Nightmare: AI Is Skyrocketing Prices
RVP's first-quarter 2026 sales decline as mix shifts and tariffs pressure pricing, prompting cost cuts and a push to expand domestic production.
Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.
(Bloomberg) -- Beneath the surface of a stock market sitting at record highs, signs of trepidation are building.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lead SpaceX IPOStocks Rise and Oil Falls on US-Iran Deal Hopes: Markets WrapWorries about resilient inflation, bond market volati
For much of the past two years, Wall Street treated long-run inflation expectations as the boring part of the macro story. Short-run prints whipped around. The five-year horizon stayed anchored. That assumption broke this month. The Cleveland Fed just published its highest five-year inflation expectation in 19 years, a reading that sits above the levels ... Fed’s Long-Term Inflation Forecast Hits 19-Year High
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