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27,010 signal articles · 158 in last 24h · 130,210 total before filter · latest 1h ago
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Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending
24/7 Wall St.93d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending

On a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano surfaced a notable statement from Amazon (NASDAQ:AMZN) founder Jeff Bezos: the bottom 50% of Americans should pay no federal tax. Pompliano paired that proposal with a data point and a pivot. The data point: that bottom-half cohort currently contributes about ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Tax. The Real Culprit Is Federal Spending

Blue Origin faces months of delays after rocket explosion damages launch pad
Reuters93d agoneutral
Blue Origin faces months of delays after rocket explosion damages launch pad

Blue Origin faces a months-long setback after the explosion of a rocket damaged its launch pad, company and industry sources said, scrambling schedules for Amazon satellite launches and bolstering SpaceX's dominance in the commercial launch market. The mishap, ‌which occurred during a test fire of the engines for the New Glenn rocket's launch next week, comes at a critical time ‌for Jeff Bezos' business empire. A Blue Origin booster called "No, It's Necessary" - a nod to a line from the film Interstellar - was wrecked in the incident on Thursday.

Breakfast giant shuts plant, cuts 100s of workers
TheStreet93d agobearish
Breakfast giant shuts plant, cuts 100s of workers

Breakfast cereal was once one of the easiest meals to sell in America. It was quick, cheap, colorful, and familiar. For generations, boxes of Corn Flakes, Froot Loops, Rice Krispies, Frosted Flakes, Raisin Bran, and Special K became staples in kitchen cabinets and grocery aisles. But American ...

Okta (OKTA) Hits 4-Year High as Earnings Soar
Insider Monkey93d agobullish
Okta (OKTA) Hits 4-Year High as Earnings Soar

Okta Inc. (NASDAQ:OKTA) is one of the 10 Stocks With Explosive Returns. Okta saw its share prices climb to a fresh four-year high on Friday, as investor sentiment was boosted by its strong earnings performance in the first quarter of fiscal year 2027. In intra-day trading, the stock surged to a record high of $124.79 […]

Bloomberg93d agoneutral
Danish Pension Blacklists SpaceX Over ‘Catastrophic Governance’

(Bloomberg) -- A $25 billion Danish pension fund that earlier this year made headlines by ditching Treasuries as Donald Trump was threatening to seize Greenland now says it won’t touch SpaceX.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermStrait of Hormuz Ship Transits Are Rising Thanks to Help From USCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekSpaceX Said to Cut IPO Value Goal to at Le

Hewlett-Packard (HPE) on All-Time High Ahead of Q2 Earnings
Insider Monkey93d agobullish
Hewlett-Packard (HPE) on All-Time High Ahead of Q2 Earnings

Hewlett-Packard Enterprise Co. (NYSE:HPE) is one of the 10 Stocks With Explosive Returns. Hewlett-Packard finished the trading week soaring to a new all-time high, as investors repositioned portfolios ahead of the results of its earnings performance in the second quarter of the fiscal year. In intra-day trading, the stock surged to its highest price of […]

5-star analyst sets jaw-dropping SanDisk stock price target
TheStreet93d agobearish
5-star analyst sets jaw-dropping SanDisk stock price target

Barclays moved on SanDisk on May 27. The day after, Mizuho followed. When top-ranked analysts at two different firms raise targets on the same stock on back-to-back days, each arriving via a different methodology, the second note is worth reading carefully. Mizuho's argument is built around numbers ...

How To Earn $500 A Month From Dell Stock Ahead Of Q1 Earnings
Benzinga93d agoneutral
How To Earn $500 A Month From Dell Stock Ahead Of Q1 Earnings

Investors in Dell Technologies Inc. may be eyeing potential gains from the company's dividends. Ahead of the tech company’s first-quarter earnings release after the close on Thursday, May 28, Dell boasts an annual dividend yield of 0.83% ($2.52 a year),...

Morgan Stanley resets MongoDB stock price target after earnings
TheStreet93d agoneutral
Morgan Stanley resets MongoDB stock price target after earnings

There is a specific kind of earnings report that is genuinely hard to read. The one that beats on revenue, raises full-year guidance, shows improving margins, but still leaves investors asking whether the most important growth driver has actually arrived yet. MongoDB (MDB) just delivered exactly ...

Meta plans AI pendant, 'wearables for work' in hardware boost, The Information reports
Reuters93d agoneutral
Meta plans AI pendant, 'wearables for work' in hardware boost, The Information reports

Meta Platforms plans to start testing an AI pendant in the next ‌year, as it charts a roadmap for ‌wearable devices in an effort to reverse losses in its ​hardware division, The Information reported on Friday, citing a memo. • Meta declined to comment to Reuters on the report. • The Facebook and Instagram owner plans ‌to significantly expand ⁠its selection of AI glasses and add a business-focused service called "Wearables for Work" ⁠the report said, citing an internal memo by Alex Himel, Meta’s vice president of wearables.

Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show
Reuters93d agobearish
Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show

A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay ‌the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as ‌terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks ​before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.

Jobs Report, Broadcom Earnings: What to Watch in the Next Week
The Wall Street Journal93d agoneutral
Jobs Report, Broadcom Earnings: What to Watch in the Next Week

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch next Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.

InvestorPlace94d agoneutral
They Robbed Us With Figma, and Now They’re Setting Up the Same IPO Trap Again

For more than a year, some investors have been dreaming about getting into SpaceX, OpenAI, and Anthropic and making overnight fortunes. Now, that opportunity may finally be arriving. But according to master trader Jonathan Rose, these prospective IPO buyers need to be very careful. In today’s Friday Digest takeover, Jonathan breaks down what happened after the highly anticipated Figma IPO – a stock that soared out of the gate before collapsing more than 80% from its peak. The issue wasn’t the co