Qualcomm (QCOM) stock has been on steroids with a rally of 86% in the last one month. While Q2 results were largely in-line with estimates, the company provided a muted guidance for Q3 FY26. Analysts believe that the company’s hyperscale win is the reason for the rally. According to Qualcomm, a “leading hyperscaler custom silicon…
The dollar index (DXY00) on Tuesday rose by +0.34%. The dollar moved higher on Tuesday amid renewed concerns that the US-Iran ceasefire may break down after President Trump said the current ceasefire was on “life support.” Tuesday’s +4% surge in crude oil prices also boosted inflation expectations and may prompt the Fed to tighten monetary…
Known for their unique flavors and vibrant designs, Japanese snacks are coveted around the world. But thanks to geopolitical tensions, one of Japan’s biggest snack makers has decided to dial back its vibrant packaging, at least for now. Most Read from Fast Company On Tuesday, Tokyo-based snack company Calbee announced a creative response to supply…
By Kalea Hall May 12 (Reuters) – A General Motors joint-venture battery company is bringing a small number of workers back to an idled electric-vehicle battery factory in Ohio this month, although plans for recalling hundreds of laid-off workers there remain uncertain. GM and its partner on the factory, South Korea’s LG Energy Solution, in…
A free rapid rescore can improve your credit scores in just two to three months. And if the lender reviewing your application offers a rapid rescore, you can potentially gain anywhere from 20 to 100 points in as little as two days. Here’s a closer look at how rapid rescoring works. What is a rapid…
eBay’s board rejected GameStop’s $56 billion takeover bid, calling it “neither credible nor attractive.” Now questions are growing over whether CEO Ryan Cohen will sell the company’s $368 million bitcoin position to make the deal look more credible. CoinDesk’s Sam Ewen hosts “CoinDesk Daily.”
Anthropic (ANTH.PVT) is expanding its presence in the legal software market as it continues to grow its enterprise footprint. The latest offerings include integration with platforms law firms already use, such as Box (BOX) and Thomson Reuters (TRI), plugins designed for specific tasks and roles such as corporate counsel, regulatory counsel, and law students, and…
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, May 12 (Reuters) – Equity indexes dipped on Tuesday as U.S. inflation climbed while oil gained for a third straight day and the dollar rose as hopes faded for a deal to get ships moving through the Strait of Hormuz. In April, U.S. consumer prices (CPI) rose…
Health savings accounts (HSAs) are tax-advantaged accounts designed to help people cover costs for health care services, but some smart planners treat them as one of retirement’s best-kept secrets. However, they also come with a tax trap most people don’t see coming. HSAs are often called “triple tax advantaged” accounts because contributions go in tax-free,…
April’s hotter-than-expected inflation reading is likely to put the Fed on watch for higher energy costs creeping into other prices, a red line that, if crossed, could raise the possibility of interest rate hikes. The Consumer Price Index rose 3.8% in April, compared with expectations for a rise of 3.7%, and up from 3.3% in…
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