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Reuters95d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

3 Reasons We’re Fans of Federal Signal (FSS)
StockStory95d agoneutral
3 Reasons We’re Fans of Federal Signal (FSS)

Federal Signal currently trades at $126.99 and has been a dream stock for shareholders. It’s returned 218% since June 2021, tripling the S&P 500’s 71.5% gain. The company has also beaten the index over the past six months as its stock price is up 11.9% thanks to its solid quarterly results.

Investing.com95d agoneutral
Trump threatens 100% tariff on goods from nations with digital tax

Investing.com -- President Donald Trump said on Friday that the United States will impose a 100% tariff on all imports from countries that levy digital services taxes on American companies, escalating tensions over taxation of U.S. technology firms. In a post on Truth Social, Trump said several European countries are considering digital services taxes and warned that any nation adopting such measures would face immediate 100% tariffs on all goods exported to the United States, and adding that th

Trump Threatens 100% Tariff on European Countries That Impose Digital Services Tax
The Wall Street Journal95d agoneutral
Trump Threatens 100% Tariff on European Countries That Impose Digital Services Tax

President Trump on Friday threatened to greatly increase tariffs on European nations if they follow through on plans to impose new taxes on U.S. tech companies. “Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies,” Trump wrote on his Truth Social platform. “Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America.”

Bloomberg95d agoneutral
Trump Vows 100% Tariff on Countries Over Digital Services Taxes

(Bloomberg) -- President Donald Trump threatened to impose 100% tariffs on goods imported from countries that impose digital services taxes, escalating pressure on European nations that just ratified a trade pact with the US. Most Read from BloombergBond Traders Stunned as Losses on SpaceX’s New Debt Keep GrowingLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsMam

Investing.com95d agoneutral
Apple’s big price hike seen as "an unprecedented push to protect margins"

Investing.com -- Apple's decision to raise Mac, iPad and accessories prices by 15% to 25% represents an unprecedented effort to defend gross margins amid record memory cost inflation, Morgan Stanley told investors in a note on Friday, adding that demand resilience and ecosystem lock-in could still drive revenue and earnings upside.

June Jobs Numbers: What to Watch Next Week
The Wall Street Journal95d agoneutral
June Jobs Numbers: What to Watch Next Week

Investors will turn to Thursday’s employment data as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that the new Trump-appointed Fed chairman would lower rates.

Treasury Yields, Dollar Trend Lower as Inflation Fears Ease
Barrons.com95d agoneutral
Treasury Yields, Dollar Trend Lower as Inflation Fears Ease

Treasury yields and the dollar ease as oil prices fall 3% and markets recalibrate the outlook for U.S. interest rates. Odds of one rate increase this year remain high, priced at 42% on CME's FedWatch tool, while odds of a second hike decline to 28% from 34% a week ago, as inflation forecasts cool down.

Apple can't shield buyers from Al's memory crunch anymore
TheStreet95d agobullish
Apple can't shield buyers from Al's memory crunch anymore

For most of the last decade, one promise held across the technology aisle. You paid a premium for the best-built hardware, and in exchange the number on the price tag held still. That stability was never an accident. It was a product, engineered as carefully as the devices themselves. Tariffs came ...

65 Years Old With $1.4 Million. This Is My Income Blueprint With Uncertain Fed Policies
24/7 Wall St.95d agoneutral
65 Years Old With $1.4 Million. This Is My Income Blueprint With Uncertain Fed Policies

At 65 with $1.4 million, I want income that does not flinch when the Fed pivots. My sovereign income blueprint targets three companies that own physical networks the economy must pay to use: aerospace and defense, interstate natural gas pipelines, and global infrastructure. Here is whether each dividend is actually safe. The Three-Stock Income Snapshot ... 65 Years Old With $1.4 Million. This Is My Income Blueprint With Uncertain Fed Policies

Investing.com95d agobearish
Morgan Stanley flags Fed hike risk if unemployment drops below 4%

Investing.com -- Morgan Stanley has retained its forecast for the Federal Reserve to hold interest rates through year-end, but warned that a drop in unemployment below 4% or persistently elevated inflation could force a rethink in favor of rate hikes.

The Week in Numbers: Micron climbs high, Apple raises prices
Reuters Videos95d agobullishVIDEO
The Week in Numbers: Micron climbs high, Apple raises prices

<body><p>STORY: From Micron's mega market cap to Apple's price hikes...</p><p>...this is the Week in Numbers.</p><p>:: The Week in Numbers</p><p>:: $1.4 trillion.</p><p>About $1.4 trillion was Micron's market cap after it briefly blew past the value of Meta and Tesla for the first time.</p><p>It came after the firm forecast quarterly profit and revenue well above expectations.</p><p>Micron is a major memory-chip maker and a key supplier to AI titan Nvidia.</p><p>The company's shares have more than tripled in value so far this year, and soared close to a fifth following its results.</p><p>:: 5%</p><p>Almost 5% is how far Apple shares fell after it announced price hikes.</p><p>The tech giant said its cheapest laptop will jump from $599 to $699, with iPad prices also rising - although the iPhone won't jump for now.</p><p>Apple says it can no longer avoid passing on rising costs to consumers.</p><p>The price of memory chips jumped by around 98% in the first quarter, and has kept soaring due to the AI boom.</p><p>:: 42%&nbsp;</p><p>42% was how much shares of Wendy's soared as retail traders bought up the beaten-down stock in the latest meme-like rally.</p><p>Trading on the heavily shorted stock was paused multiple times due to volatility..</p><p>Shares briefly hit a more than seven-month high.</p><p>The fast food chain is battling weak sales and pressure from an activist investor, with its stock down more than 78% from record highs five years ago.</p><p>:: $648 billion</p><p>Almost $648 billion is how much Samsung plans to invest in South Korea over 10 years.</p><p>That's according to the Maeil Business Newspaper, which said the firm will announce its intentions on Monday.</p><p>The investment includes a potential $194 billion to build chip factories in the country's southwest, as well as plans for AI data centers, batteries and displays.</p><p>There was no immediate response to a request for comment from Samsung.</p><p>:: $606.5 million</p><p>And $606.5 million was H&M's operating profit during its fiscal second quarter.</p><p>That was smaller than expected for the Swedish fashion retailer.</p><p>H&M blamed weaker consumer demand and inflation made worse by the Iran war.</p><p>CEO Daniel Erver said Europe, particularly the western part of it, had gone through a difficult quarter.</p></body>

US equity funds record weekly outflows as tech weakness weighs
Reuters95d agoneutral
US equity funds record weekly outflows as tech weakness weighs

equity funds came under selling pressure in the week to June 24, ‌as concerns over debt-funded spending in the technology ‌sector and expectations of a hawkish Federal Reserve policy stance sparked ​risk aversion. equity funds during the week, partly reversing net purchases of $37.