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Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion
24/7 Wall St.42d agoneutral
Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion

Sam Walton made one early financial move with his family business that the IRS still allows today, and it quietly kept hundreds of billions of dollars out of reach of federal estate taxes for generations. Most families with appreciating assets never realize the same window is open to them right now.

Snap (SNAP) Faces Fresh Youth Safety Scrutiny As Valuation Questions Grow
Simply Wall St.42d agoneutral
Snap (SNAP) Faces Fresh Youth Safety Scrutiny As Valuation Questions Grow

Recent legal and regulatory headlines around youth safety are putting Snap (SNAP) under fresh scrutiny. A federal appeals court has allowed thousands of user harm lawsuits to proceed, and school smartphone ban proposals raise new questions about future engagement. See our latest analysis for Snap. Against this backdrop, Snap's share price recently closed at US$5.41, with a 1-day share price return of 2.08% and a 30-day share price return of 13.66%. However, the year-to-date share price return...

The Bull Case For Ford (F) Could Change Following New U.S. EV And Lincoln Production Shift
Simply Wall St.42d agoneutral
The Bull Case For Ford (F) Could Change Following New U.S. EV And Lincoln Production Shift

Earlier this month, Blue Bird Corporation announced a collaboration with Ford Motor under which Blue Bird will design, build, and sell the next-generation F-53/F-59 commercial stripped chassis using Ford powertrains, while Ford separately committed billions of US dollars to retool its Louisville plant for the Fathom electric truck and to shift Lincoln production to the U.S. by 2030 in response to high China tariffs and new regulations. Together, these moves highlight Ford’s push to deepen...

Why Is Red Cat Holdings (RCAT) Reworking UAS Leadership As New Drone Tariffs Arrive?
Simply Wall St.42d agoneutral
Why Is Red Cat Holdings (RCAT) Reworking UAS Leadership As New Drone Tariffs Arrive?

Red Cat Holdings (NasdaqCM:RCAT) is set to benefit from new U.S. tariffs on imported unmanned aircraft systems and components, which are expected to support domestically built drone platforms. The company announced the appointment of Mitch McDonald as Divisional CEO for its UAS operations, consolidating leadership across key drone subsidiaries. Management framed the leadership change as a step toward tighter integration of drone and autonomous systems operations at a time of shifting U.S...

Why Is Ford Motor (F) Moving Lincoln Production From China To The U.S.?
Simply Wall St.42d agoneutral
Why Is Ford Motor (F) Moving Lincoln Production From China To The U.S.?

Ford Motor (NYSE:F) plans to shift production of its Lincoln vehicles from China to U.S. plants by 2030 in response to tariffs and regulatory hurdles. The move affects Lincoln models currently sourced from China and is intended to reduce exposure to trade related costs and policy changes. Ford expects the transition to reshape its manufacturing footprint, supply chain and workforce allocation over the coming years. The decision aligns Lincoln more closely with U.S. production at a time when...

How 737-7 FAA Approval and New Tech Trial At Boeing (BA) Has Changed Its Investment Story
Simply Wall St.42d agoneutral
How 737-7 FAA Approval and New Tech Trial At Boeing (BA) Has Changed Its Investment Story

Boeing recently received an amended type certificate from the U.S. Federal Aviation Administration for its 737-7 aircraft, clearing the smallest and longest-range member of the 737 MAX family for commercial service after extensive testing and safety reviews. In parallel, Odysight.ai Inc. announced a Memorandum of Agreement with Boeing to trial its computer vision-based predictive maintenance platform at two Boeing sites, highlighting Boeing’s interest in advanced monitoring technologies...

Why Is Tether Looking Like a Central Bank?
Barrons.com42d agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

Maryland tax court voids digital ad tax, orders refunds to Apple, Google and Peacock TV
Associated Press42d agoneutral
Maryland tax court voids digital ad tax, orders refunds to Apple, Google and Peacock TV

A Maryland state tax court has struck down the state’s first-in-the-nation tax on digital advertising and ordered state officials to repay the tax money already collected from big tech firms. The Maryland Tax Court said the tax violates the federal Internet Tax Freedom Act as well as the First Amendment and the commerce and due process clauses of the U.S. Constitution. Maryland estimated the tax, approved in 2021, could raise about $250 million a year to help pay for a sweeping K-12 education measure.

SEC fraud case rattles SpaceX Klarna pre-IPO investors
TheStreet42d agoneutral
SEC fraud case rattles SpaceX Klarna pre-IPO investors

The promise of buying into high-profile private companies before they reach public markets can be hard to resist. For investors who put their money with New York advisory firm Adit Ventures Management, that promise instead led to a federal fraud case. The Securities and Exchange Commission (SEC) ...

S&P 500 Logs Third Consecutive Weekly Gain
The Wall Street Journal42d agoneutral
S&P 500 Logs Third Consecutive Weekly Gain

Stocks edged back from records Friday, with investors weighing weaker-than-anticipated economic data against an earnings season that has defied expectations. Stocks initially opened higher Friday morning as investors interpreted unexpected weakness in consumer spending and sentiment as further evidence that the Federal Reserve won’t raise interest rates at its September meeting. Coming on the heels of softer inflation data and a cooling labor market, the figures reinforced bets that the central bank will stand pat on rates.

MP Materials, USA Rare Earth Stock Rise Amid Trump Drone News; Energy Fuels Touted
Investor's Business Daily42d agoneutral
MP Materials, USA Rare Earth Stock Rise Amid Trump Drone News; Energy Fuels Touted

Today's move appears linked to President Donald Trump's late-Thursday announcement of tariffs on drone imports and components. Drones are becoming a significant source of demand for rare earth magnets. Sentiment has been turning positive for rare earth stocks, driven by Trump administration support, corporate milestones, and agreements to supply defense contractors.

How Serious Are Thousands of Addiction Lawsuits for Meta (META) and Snap (SNAP)?
Insider Monkey42d agobearish
How Serious Are Thousands of Addiction Lawsuits for Meta (META) and Snap (SNAP)?

A federal appeals court removed another procedural obstacle facing more than 3,000 lawsuits accusing Meta Platforms, Inc. (NASDAQ:META), Snap Inc. (NYSE:SNAP), Alphabet, and TikTok of harming young users through allegedly addictive product features. The Ninth Circuit did not decide whether the companies are liable. It ruled that Section 230 provides a defense against liability, not […]

Even the CEO of Booking.com Is Fed Up With Travel These Days
The Wall Street Journal42d agoneutral
Even the CEO of Booking.com Is Fed Up With Travel These Days

Flight delays, interminable waits on the tarmac—Booking.com CEO Glenn Fogel knows all about travel frustrations firsthand: “You can’t believe you even bothered.” Booking.com and sister brands like Priceline, Kayak and OpenTable are pouring hundreds of millions into AI tools to smooth out travel hiccups. “When we start doing that,” says Fogel, who also helms parent company Booking Holdings, “that’s when I’ll feel OK, now we really are a good AI travel agent on your phone and in your pocket.”

Mangione Admits to Killing Healthcare CEO Brian Thompson
Bloomberg42d agoneutralVIDEO
Mangione Admits to Killing Healthcare CEO Brian Thompson

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. Mangione admitted on Friday in New York federal court that he shot and killed Thompson on Dec. 4, 2024. He faces life in prison. Mangione's attorney, Karen Friedman Agnifilo, US Attorney for the Southern District Jamie McDonald and NYPD Police Commissioner Jessica Tisch all spoke outside the court.

Kratos (KTOS) Is Up 9.4% After Raising 2026 Outlook And Securing New Missile Defense Work
Simply Wall St.42d agobearish
Kratos (KTOS) Is Up 9.4% After Raising 2026 Outlook And Securing New Missile Defense Work

In early August 2026, Kratos Defense & Security Solutions reported second-quarter revenue of US$458.8 million and higher net income year-on-year, raised its 2026 revenue outlook to US$1.75–US$1.81 billion, and highlighted new defense work including Javelin seeker development and support for Japan’s SPY-7 missile defense tests. These developments, alongside new U.S. tariffs aimed at boosting domestic drone production, highlight Kratos’ growing role in priority defense programs spanning...