Benfica's Gianluca Prestianni receives a provisional one-match Uefa suspension after Real Madrid's Vinicius Jr reported alleged racist abuse during last week's Champions League meeting.
Benfica's Gianluca Prestianni receives a provisional one-match Uefa suspension after Real Madrid's Vinicius Jr reported alleged racist abuse during last week's Champions League meeting.
Nvidia stock was rising ahead of the open Monday as it appeared set to shrug off pressure across the tech sector. Nvidia shares were up 1.3% at $192.32 in early trading Monday. Among other chip makers, Advanced Micro Devices was down 1.9%, while Broadcom were down 1.1% and 0.8% in premarket trading, respectively.
Nvidia stock was rising ahead of the open Monday as it appeared set to shrug off pressure across the tech sector. Nvidia shares were up 1.3% at $192.32 in early trading Monday. Among other chip makers, Advanced Micro Devices was down 1.9%, while Broadcom were down 1.1% and 0.8% in premarket trading, respectively.
Maximusnd/iStock via Getty Images RELX PLC ( RELX ) is a UK-based multinational information and analytics company. Founded in 1993, but with roots dating back to the late 1800s, RELX is now a $56 billion (by market cap) data and analytics giant that employs more than 35,000 people. The company reports revenue across four segments: Risk, 34% of FY 2025 revenue; Scientific, Technical & Medical, 32%;...
Maximusnd/iStock via Getty Images RELX PLC ( RELX ) is a UK-based multinational information and analytics company. Founded in 1993, but with roots dating back to the late 1800s, RELX is now a $56 billion (by market cap) data and analytics giant that employs more than 35,000 people. The company reports revenue across four segments: Risk, 34% of FY 2025 revenue; Scientific, Technical & Medical, 32%; Legal, 20%; and Exhibitions, 13%. North America accounts for roughly 60% of all revenue; Europe accounts for about 20%, whereas the remainder of revenue comes from the rest of the world. RELX provides valuable, technical, and proprietary data and analytics to a range of industries, including the medical and legal professions – professions that constantly require vast amounts of on-demand, specialized, and precisely accurate information. While there are fears that AI could displace vast swaths of the global software complex, including the likes of RELX, this company’s data-driven tools and insights are proprietary treasure troves and embedded in the daily workflows of countless professionals. The company’s renowned LexisNexis platform, for instance, which operates massive databases, offers machine-to-machine solutions firmly incorporated as part of daily procedures for clients, helping to make decisions and process an untold number of individual operations. Unless we’re going to live in a world where AI steals all IP (in which case, no company is safe) or the legal and healthcare systems are held hostage to possible AI mistakes that leave lives hanging in the balance – a world, quite frankly, I can’t imagine living in – RELX is not only going to survive but thrive in the age of AI due to the increase in productivity and efficiency across both its enterprise and clients’ enterprises. That translates to the future quite possibly being even better than the past, and RELX already has an incredible track record as it pertains to revenue, profit, and dividend growth. Dividend Gro...
Hirurg/iStock via Getty Images As part of a cooperation agreement with investor HG Vora Capital Management to end a proxy battle between the two, PENN Entertainment ( PENN ) has appointed three new independent directors, expanding the size of its board to 11 members. Heather Ace and Jefferey Fox have been added as Class II directors with terms expiring at the 2028 annual meeting, while Fabio Schia...
Hirurg/iStock via Getty Images As part of a cooperation agreement with investor HG Vora Capital Management to end a proxy battle between the two, PENN Entertainment ( PENN ) has appointed three new independent directors, expanding the size of its board to 11 members. Heather Ace and Jefferey Fox have been added as Class II directors with terms expiring at the 2028 annual meeting, while Fabio Schiavolin is added to the board as a Class III director with a term ending at the 2026 annual meeting. As part of this negotiated settlement, HG Vora agreed to end its proxy battle with PENN ( PENN ) by limiting its shareholder activism, cease efforts to remove directors and call special meetings, short the stock, and is prohibited from increasing its stake in the company above 5%. In return, PENN ( PENN ) agrees to support Fabio Schiavolin’s election at the 2026 annual meeting and pay HG Vora for all expenses incurred during its activist campaign. The resolution ends HG Vora’s campaign against PENN ( PENN ), triggered after PENN ( PENN ) attempted to pivot to an online gaming business with its $2B, 10-year licensing agreement with Disney ( DIS ) for the ESPN brand. During the first two years of the agreement, PENN Entertainment’s ( PENN ) ESPN Bet partnership earned a disappointing 3% market share (compared to more than 30% market share for DraftKings and FanDuel) and lost over $1B, leading PENN ( PENN ) and Disney ( DIS ) to end their agreement early. The company subsequently rebranded its online sports betting platform to theScore Bet, transitioning all remaining ESPN Bet accounts to the new platform. PENN Entertainment shares opened nearly 5% lower on Monday. More on PENN Entertainment PENN Entertainment: The Market Gave Up, But Maybe Too Early PENN Entertainment unveils a strategic reset of its corporate organizational structure Sports betting pivot: PENN officially rebrands ESPN Bet to theScore Bet Seeking Alpha’s Quant Rating on PENN Entertainment Historical earnings dat...
Bitcoin dipped below $65,000 on Monday as investors weighed mounting tariff uncertainties and geopolitical concerns. The token traded as low as $64,830 early as it continued a nearly 5% slide that began a day earlier. Over the weekend, that decline brought the digital asset to $64,324 at its nadir, marking its lowest level since Feb. 6 when it hit $60,062. Bitcoin was last down more than 2% at $65...
Bitcoin dipped below $65,000 on Monday as investors weighed mounting tariff uncertainties and geopolitical concerns. The token traded as low as $64,830 early as it continued a nearly 5% slide that began a day earlier. Over the weekend, that decline brought the digital asset to $64,324 at its nadir, marking its lowest level since Feb. 6 when it hit $60,062. Bitcoin was last down more than 2% at $65,836.68 at 9:40 a.m. ET. Stock Chart Icon Stock chart icon Bitcoin YTD The world's oldest cryptocurrency has taken a dive, particularly as geopolitical and macroeconomic uncertainties spark investors' flight from risk-on investments. Last week, U.S. President Donald Trump said he would decide whether to strike Iran "over the next probably 10 days" due to its resistance toward a new nuclear deal. The tensions seemed to build over the past few days, with the U.S. continuing to position its military forces across the Middle East. Separately, Trump said Saturday in a social media post that he would raise his so-called retaliatory tariffs against many of the U.S.' foreign trading partners to 15% , "effective immediately," just one day after the Supreme Court struck down his previous trade taxes . Since the beginning of the year, Bitcoin has lost 24% due to the onslaught of macro threats, while risk-off assets like precious metals have surged. Gold has gained about 20% in the year to date, while silver has added 23% during the same period.
Tesla stock was lower to start a new week of trading as investors weighed what a struggling electric-vehicle business means for the stock. Tesla stock was down 2.1% at $403.38, while the and were down 0.2% and 0.3%, respectively. Lower EV pricing is a “major theme” Cantor Fitzgerald analyst Andres Sheppard expects to continue this year.
Tesla stock was lower to start a new week of trading as investors weighed what a struggling electric-vehicle business means for the stock. Tesla stock was down 2.1% at $403.38, while the and were down 0.2% and 0.3%, respectively. Lower EV pricing is a “major theme” Cantor Fitzgerald analyst Andres Sheppard expects to continue this year.
Market reaction to the US Supreme Court ruling on tariffs has been subdued, said Bank of Montreal Chief Executive Officer Darryl White. “Part of that is because some of the outcome that we saw over the last few days was probably priced into bond markets, so we haven’t seen much of a reaction there,” he said on Bloomberg Surveillance. (Source: Bloomberg)
Market reaction to the US Supreme Court ruling on tariffs has been subdued, said Bank of Montreal Chief Executive Officer Darryl White. “Part of that is because some of the outcome that we saw over the last few days was probably priced into bond markets, so we haven’t seen much of a reaction there,” he said on Bloomberg Surveillance. (Source: Bloomberg)
tiero/iStock via Getty Images Introduction After the Supreme Court ruled President Trump's tariffs unconstitutional, there has been a lot of discussion all over the news. We almost had no time to figure out what the new ruling would mean for households, as the government had already unveiled a new 10% global tariff . Fast forward one more day, and the President announced that he wants to increase ...
tiero/iStock via Getty Images Introduction After the Supreme Court ruled President Trump's tariffs unconstitutional, there has been a lot of discussion all over the news. We almost had no time to figure out what the new ruling would mean for households, as the government had already unveiled a new 10% global tariff . Fast forward one more day, and the President announced that he wants to increase these tariffs by another 5 percentage points, to 15% , under Section 122 of the Trade Act passed in 1974, which allows for temporary tariffs that can last for up to 150 days. I just shared my view on what is happening with tariffs: no matter how it ends, I think a setup is forming that shows how consumers are subsidizing a massive zero-interest loan to the Treasury from American corporations (at least, the importing ones). However, there is another interesting exercise we can do. We can try to figure out how some of the key importers in the country could be affected by the recent tariff drama. In this article, therefore, we will deal with Dollar General ( DG ), one of the winners of today's market so far. I started covering the company only a few months ago, when I thought it offered a very decent setup for a buy . Indeed, the stock returned over 20%, while the market is more or less flat. In fact, lower-income consumers are trading down, and this inevitably benefits dollar stores. This is confirmed by the data, since Dollar General is reporting strong revenue and EPS beats quarter after quarter. Dollar General and Tariffs When it comes to the troubled situation that is unfolding before our eyes, we have to focus on one main aspect. Generally speaking, we would all think that retailers could be more or less evenly hit by any sudden change in fiscal trade policy. However, this is far from the truth because each retailer has its own supply chain, and some have a business model that doesn't rely on imports as much as others. In Dollar General's case, if we go back to what the ...