U.S. wholesale inventories rose 1.3% M/M to $932.8B in March, revised down from the advance estimate of +1.4% and accelerating from the +0.9% increase in February, according to data released by the U.S. Census Bureau on Friday. On a Y/Y basis, the inventories rose 2.9%. March sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations a...
U.S. wholesale inventories rose 1.3% M/M to $932.8B in March, revised down from the advance estimate of +1.4% and accelerating from the +0.9% increase in February, according to data released by the U.S. Census Bureau on Friday. On a Y/Y basis, the inventories rose 2.9%. March sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading day differences, increased 2.8% M/M and 10.9% Y/Y. The inventories/sales ratio of 1.21 declined from 1.23 in February and 1.30 in March 2025, the Census Bureau said. More on the US Economy Strong April Jobs Report Keeps The S&P 500 Near Record Highs, Yields Quiet Consumer sentiment slips more than expected in May Nonfarm payroll growth exceeds consensus in April; unemployment rate holds at 4.3%
The Pentagon announced that it has begun releasing government files on UFOs after President Donald Trump directed agencies to identify and declassify them. The files will be posted on a rolling basis on a new federal government website, the Department of Defense wrote Friday in a post on X . The effort will be a collaboration among entities including the White House, NASA, the FBI, the Director of...
The Pentagon announced that it has begun releasing government files on UFOs after President Donald Trump directed agencies to identify and declassify them. The files will be posted on a rolling basis on a new federal government website, the Department of Defense wrote Friday in a post on X . The effort will be a collaboration among entities including the White House, NASA, the FBI, the Director of National Intelligence, the Department of Energy and others, according to the announcement. “While past administrations sought to discredit or dissuade the American people, President Trump is focused on providing maximum transparency to the public, who can ultimately make up their own minds about the information contained in these files,” the post said. The website already shows the first batch of released files, which includes investigative records, eyewitness testimonies and public reports concerning unidentified flying objects and flying discs. In February, Trump announced in a Truth Social post that he would be directing the release of these files shortly after former President Barack Obama made comments on a podcast suggesting aliens could be real.
The bulk of interest-rate cuts in Brazil is likely to come only after October elections, according to former Central Bank director Bruno Serra . Serra, now a portfolio manager at Itaú Asset, said the oil shock is likely to lead policymakers to adopt a “slower” easing cycle at the start. The central bank, which has lowered the Selic benchmark by just 50 basis points since kicking off the cuts in Ma...
The bulk of interest-rate cuts in Brazil is likely to come only after October elections, according to former Central Bank director Bruno Serra . Serra, now a portfolio manager at Itaú Asset, said the oil shock is likely to lead policymakers to adopt a “slower” easing cycle at the start. The central bank, which has lowered the Selic benchmark by just 50 basis points since kicking off the cuts in March, should take borrowing costs to 11% by mid-2027, he added. “I think it will debate 11%, 10% — that won’t change,” Serra said in an interview, noting he already expected a terminal Selic in that range before the war. The delayed rate cuts will likely weigh on economic activity as companies struggle, he said. Read more: Debt Crisis Brews in Brazil as 8 Million Firms Miss Payments In minutes of their last meeting, policymakers reaffirmed a commitment to counter second-round effects from the oil shock stemming from the Middle East war and said it was “evident” that expectations had become further unanchored, particularly for 2028. Serra, who served as the central bank’s monetary policy director from 2019 to 2023, said officials have room to lower rates for at least two more meetings at a pace of 25 basis points. The monetary authority, however, could be forced to pause the easing process if higher oil prices continue to pressure inflation expectations for 2028. Itaú Janeiro, whose funds manage roughly $5 billion in assets and which Serra oversees, reduced risk in positions that gained from receiving swap interest rates — which profit when nominal rates fall — to about one-third of the size it held immediately before the oil shock. The funds also hold a short dollar position against the real .
It’s not in your head. Climate change is contributing to longer and more severe pollen seasons across the Northern Hemisphere. Dr. Neelima Tummala, an ear, nose, and throat doctor at NYU Langone Health, said her patients tell her every year that their allergies are the worst they’ve ever been—and they might be right. About a quarter of US adults and 1 in 5 children have seasonal allergies. For tho...
It’s not in your head. Climate change is contributing to longer and more severe pollen seasons across the Northern Hemisphere. Dr. Neelima Tummala, an ear, nose, and throat doctor at NYU Langone Health, said her patients tell her every year that their allergies are the worst they’ve ever been—and they might be right. About a quarter of US adults and 1 in 5 children have seasonal allergies. For those millions of Americans, spring weather brings sniffles, itchy eyes, asthma exacerbation, and other miseries, with effects ranging from mild symptoms to serious medical emergencies. Read full article Comments
当地时间5月8日,美国中央司令部表示,美军当天在阿曼湾对两艘试图驶入伊朗港口、违反当前美国封锁措施的伊朗籍油轮采取行动。 美国中央司令部称,两艘油轮分别为“Sea Star III”号和“Sevda”号,均为空载油轮。美军“乔治·H·W·布什”号航空母舰上的F/A-18“超级大黄蜂”战机向两艘船只烟囱发射精确制导弹药,使其失去航行能力,从而阻止其进入伊朗。(央视)
当地时间5月8日,美国中央司令部表示,美军当天在阿曼湾对两艘试图驶入伊朗港口、违反当前美国封锁措施的伊朗籍油轮采取行动。 美国中央司令部称,两艘油轮分别为“Sea Star III”号和“Sevda”号,均为空载油轮。美军“乔治·H·W·布什”号航空母舰上的F/A-18“超级大黄蜂”战机向两艘船只烟囱发射精确制导弹药,使其失去航行能力,从而阻止其进入伊朗。(央视)
Deeper economic cooperation between China and the Association of Southeast Asian Nations will hinge on whether a code can be laid down to govern maritime territory and activity in the South China Sea, Philippine leader Ferdinand Marcos Jnr has said. “We cannot institutionalise any of those things until the code of conduct is finalised,” he told a press conference on Friday at the close of the 48th...
Deeper economic cooperation between China and the Association of Southeast Asian Nations will hinge on whether a code can be laid down to govern maritime territory and activity in the South China Sea, Philippine leader Ferdinand Marcos Jnr has said. “We cannot institutionalise any of those things until the code of conduct is finalised,” he told a press conference on Friday at the close of the 48th Asean summit in Cebu, when asked about aspects that held the most potential in relations between...
HJBC/iStock Editorial via Getty Images The New York State Common Retirement Fund is re-evaluating its stake in TotalEnergies ( TTE ) following the company's decision to accept nearly $1B from the Trump administration to terminate two U.S. offshore wind leases and redirect investment into fossil fuels, the Financial Times reported Thursday. Thomas DiNapoli, the New York state comptroller and truste...
HJBC/iStock Editorial via Getty Images The New York State Common Retirement Fund is re-evaluating its stake in TotalEnergies ( TTE ) following the company's decision to accept nearly $1B from the Trump administration to terminate two U.S. offshore wind leases and redirect investment into fossil fuels, the Financial Times reported Thursday. Thomas DiNapoli, the New York state comptroller and trustee of the retirement fund, reportedly raised "significant concerns" regarding the company's strategic consistency, financial discipline, and risk management in a letter to TotalEnergies ( TTE ) CEO Patrick Pouyanne. The company's deal with the U.S. government "raises risks for the company and its investors," and "as the fund continually evaluates companies based on credible transition plans, portfolio companies' backtracking may impact the fund's risk assessment results and proxy voting decisions," DiNapoli said. While the fund's stake in TotalEnergies ( TTE ) is small and divestiture would be symbolic, FT said the letter indicates growing resistance to the Trump administration's use of lease refunds to stop offshore wind projects and creates a bind for energy companies caught between Republicans trying to block renewable energy and Democrats promoting it. More on TotalEnergies TotalEnergies Q1 2026 Earnings Call Transcript TotalEnergies: Nearing Or At A Cyclic Peak (Rating Downgrade) TotalEnergies Has Future Growth Potential
David Becker/Getty Images Entertainment Shares of Yelp ( YELP ) fell about 9% on Friday after the company maintained its full-year outlook despite a first-quarter earnings beat, with investors focused on continued softness in local advertising demand. Yelp reported first-quarter revenue of $361 million, up 1% year-over-year, while adjusted EBITDA fell 7% to $79 million. Paying advertising location...
David Becker/Getty Images Entertainment Shares of Yelp ( YELP ) fell about 9% on Friday after the company maintained its full-year outlook despite a first-quarter earnings beat, with investors focused on continued softness in local advertising demand. Yelp reported first-quarter revenue of $361 million, up 1% year-over-year, while adjusted EBITDA fell 7% to $79 million. Paying advertising locations declined 6% and ad clicks dropped 10%, underscoring ongoing pressure in its core advertising business. The company reaffirmed its 2026 revenue outlook at a midpoint of about $1.47 billion and adjusted EBITDA at a midpoint of about $320 million. Executives described the environment for local businesses as “challenging,” citing weaker advertiser budgets and macro uncertainty. Offsetting some weakness, Yelp said “other revenue” including Yelp Host, Hatch and data licensing rose 75% year-over-year to $29 million. The company is targeting a $250 million annualized run-rate for the segment by end-2028. Despite progress in AI-linked initiatives, investors focused on slowing trends in Yelp’s core advertising business. More on Yelp Yelp Inc. (YELP) Q1 2026 Earnings Call Transcript Yelp: I'm Waiting For An Even Better Price Yelp Inc. (YELP) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Yelp targets $250M annual run rate in other revenue by end of 2028 amid “challenging” local business environment Yelp GAAP EPS of $0.30 beats by $0.04, revenue of $361M beats by $7.54M
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA. A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a drone crashed nea...
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA. A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a drone crashed near the defunct nuclear plant a day earlier, Ukrainian officials have said. Illustrative/AP: During a similar 2020 fire a radiation spike was detected at the Chernobyl exclusion zone. As firefighters battle to contain the blaze, local officials further say that for now radiation levels remained within "normal limits"; however, there's been cause for alarm given the massive column of white smoke rising over the whole exclusion zone area. Ukrainian sources did not identify who sent to UAV, but only state that the fire started Thursday "as a result of a drone crash." The Zelensky government has in the recent past frequently accused Russia of putting Chernobyl and other high secure nuclear sites under threat with its constant drone and aerial bombardment waves over the country. Ukraine's emergency service agency said rescue teams are busy seeking to halt the spread of the fire, but wind has been playing a big part. "Due to strong gusts of wind, the fire is rapidly spreading across the territory, covering new sections of the forest," the agency said. "The situation is complicated by dry weather, strong winds and mine danger in certain areas of the territory, which significantly limits the possibility of extinguishing work," it added. Belarusian media has estimated the fire is already more than 1,100 hectares, or over 2,700 acres . A 2020 wildfire in the same area which was the result of arson had resulted in a radiation spike 16 times above normal levels . At the time, The Guardian had reported : The fire had caused radiation fears in Kyiv, Ukraine’s capital, which is located abou...
Plaid Cymru set to take power in Wales and SNP to retain it in Scotland, but Reform made big gains in both nations Election 2026 live: latest news updates Full results from England, Scotland and Wales The polls were terrible, the predictions dire and even one of his predecessors as Labour leader, Ed Miliband, had reportedly told Keir Starmer he should set a timetable for his resignation. But for t...
Plaid Cymru set to take power in Wales and SNP to retain it in Scotland, but Reform made big gains in both nations Election 2026 live: latest news updates Full results from England, Scotland and Wales The polls were terrible, the predictions dire and even one of his predecessors as Labour leader, Ed Miliband, had reportedly told Keir Starmer he should set a timetable for his resignation. But for the prime minister, as polls closed in Wales, Scotland and many regions of England, there would be no consideration of such a course. “To all the Labour members and volunteers who have supported local campaigns across the country: thank you,” he posted on X late on Thursday. “Together we will build a stronger and fairer Britain.” Continue reading...
Alexey_Fedoren Susquehanna increased Fortinet's ( FTNT ) price target to $115 from $90 following the company's “solid” first-quarter results and outlook. The firm maintained its Neutral rating on the shares of the cybersecurity solutions provider. Shares of Fortinet rose about 1% on Friday, after having closed around 20% higher on Thursday after post market earnings on Wednesday. "FTNT reported so...
Alexey_Fedoren Susquehanna increased Fortinet's ( FTNT ) price target to $115 from $90 following the company's “solid” first-quarter results and outlook. The firm maintained its Neutral rating on the shares of the cybersecurity solutions provider. Shares of Fortinet rose about 1% on Friday, after having closed around 20% higher on Thursday after post market earnings on Wednesday. "FTNT reported solid 1Q results and raised its FY outlook. While we like the company, its market opportunity, large firewall refresh cycle, and AI data center tailwind, the risk/reward appears balanced at current levels," said analysts led by Shyam Patil. The analysts noted that first quarter billings were up 31% year-over-year, coming in 15% above Susquehanna's estimate, consensus, and the midpoint of the guidance. Revenue grew 20% year-over-year, 7% above Susquehanna's estimate, consensus, and the midpoint of the guidance. By segment, product revenue rose 41% year-over-year, 21% above Susquehanna's estimate and consensus. The analysts said that Fortinet's management noted that technology upgrades, upselling, and customers expanding into new use cases were driving factors for both hardware and software sales. In addition, the company noted that recent price increases had a low-single-digit impact on product revenue growth, as the company raised prices in response to higher memory costs, according to the analysts. "Management called out that FTNT is benefiting from the growth of AI data centers, where AI is driving a convergence of networking and security needs. Customers are leveraging FTNT’s ASIC architecture to secure AI infrastructure, which is purpose-built to handle the throughput and scale demands of AI-driven traffic," said Patil and his team. More on Fortinet Fortinet, Inc. 2026 Q1 - Results - Earnings Call Presentation Fortinet, Inc. (FTNT) Q1 2026 Earnings Call Transcript Fortinet's Competitive Moat Is Being Tested Fortinet asserts its position in AI with data center security win...
美军中央司令部8日发布消息说,美军当天在阿曼湾向两艘“违反美国封锁令”的伊朗油轮发射精确制导弹药,使其丧失航行能力。在美军发布消息5小时前,记者获得这两艘油轮遭袭并请求援助的无线电录音。 消息说,美军当天针对两艘悬挂伊朗国旗的空载油轮“SEA STAR III”号和“SEVDA”号实施了封锁措施,这两艘油轮当时正试图驶入阿曼湾一个伊朗港口。一架隶属于“布什”号航空母舰的美国海军F/A-18“超级大...
美军中央司令部8日发布消息说,美军当天在阿曼湾向两艘“违反美国封锁令”的伊朗油轮发射精确制导弹药,使其丧失航行能力。在美军发布消息5小时前,记者获得这两艘油轮遭袭并请求援助的无线电录音。 消息说,美军当天针对两艘悬挂伊朗国旗的空载油轮“SEA STAR III”号和“SEVDA”号实施了封锁措施,这两艘油轮当时正试图驶入阿曼湾一个伊朗港口。一架隶属于“布什”号航空母舰的美国海军F/A-18“超级大黄蜂”战斗机向这两艘油轮的烟囱发射了精确制导弹药,使其丧失航行能力。 消息说,美军战斗机6日在阿曼湾对另一艘悬挂伊朗国旗的油轮开火,击毁了这艘空载油轮的舵机。目前,上述3艘油轮均已停止向伊朗方向航行。 消息说,美国自4月13日起对往来伊朗港口的船只实施封锁以来,已有超过50艘船只被强制改变航向。 在美军发布消息5小时前,霍尔木兹海峡附近被困船只海员向新华社记者提供的两段无线电录音显示,两艘油轮当天遭遇袭击并请求援助。根据录音中通报的船名“SEA STAR III”和“SEVDA”查询,两艘船均为伊朗油轮。(新华社)
Sundry Photography/iStock Editorial via Getty Images Cloudflare ( NET ) cratered 20% during Friday morning market action after issuing its first-quarter results and guidance and announcing a 20% reduction to its workforce. However, financial firms were mostly upbeat on the report, finding the reduction in workforce, or RIF, will help improve the company's financials. "We believe this is coming fro...
Sundry Photography/iStock Editorial via Getty Images Cloudflare ( NET ) cratered 20% during Friday morning market action after issuing its first-quarter results and guidance and announcing a 20% reduction to its workforce. However, financial firms were mostly upbeat on the report, finding the reduction in workforce, or RIF, will help improve the company's financials. "We believe this is coming from a position of strength to truly change the operating model to be AI-first given the momentum in the business and plans for accelerated quota-carrying hiring vs. a cost-cutting exercise to correct over-hiring," said RBC Capital Markets analysts, led by Matthew Hedberg, in an investor note. "The changes come off the heels of 600% growth in internal AI usage and massive productivity gains by employees. With that, management believes there fundamentally doesn't need to be as many support roles, and the 'middle' layer of the organization is less relevant in an agentic world." RBC maintained its Outperform rating and $240 price target on the stock. Truist Securities analysts echoed the sentiment, maintaining its Buy rating and $225 price target. "Management emphasized that rapid internal adoption of AI is driving significant productivity gains across engineering and go-to-market functions and has reduced the need for certain support roles, while investment in customer-facing capacity (e.g., quota-carrying sales) will continue to expand," said Truist analysts, led by Junaid Siddiqui, in a note. "We view this move as a proactive step to align the organization with AI-native workflows, supporting improved efficiency, faster innovation cycles, and incremental margin expansion over time." Meanwhile, Morgan Stanley retained its Overweight rating and $245 price target, declaring Cloudflare a clear winner in agentic AI. "Management plans to focus future hiring on sales reps, developers, and product/engineering roles and was clear on the call that quota-carrying sales capacity is being ...
The post Filecoin (FIL) Price Prediction: 2025, 2025, 2030 by Ishan Jain appeared first on Benzinga . Visit Benzinga to get more great content like this. Filecoin $1.084 Buy Filecoin JOIN THE MOON OR BUST EMAIL LIST Our team is diligently working to keep up with trends in the crypto markets. Keep up to date on the latest news and up-and-coming coins. MOON BUST 1 vote Analysts are forecasting that ...
The post Filecoin (FIL) Price Prediction: 2025, 2025, 2030 by Ishan Jain appeared first on Benzinga . Visit Benzinga to get more great content like this. Filecoin $1.084 Buy Filecoin JOIN THE MOON OR BUST EMAIL LIST Our team is diligently working to keep up with trends in the crypto markets. Keep up to date on the latest news and up-and-coming coins. MOON BUST 1 vote Analysts are forecasting that Filecoin (FIL) could reach $3.11 by 2030. Feeling confident about this FIL price prediction? You can trade Filecoin on Coinbase— and if you’re new to the platform, you could earn up to $400 in rewards by completing a few quick educational lessons and making your first qualifying trade . Filecoin (FIL) has been preaching the gospel of decentralized storage since 2017. It promises to be the backbone of Web3’s data infrastructure, aiming to upend Amazon Web Services and Google Cloud by letting users rent out their hard drive space in exchange for FIL tokens. In theory, it’s genius. Cloud storage without the cloud overlords. In practice, it’s been a rollercoaster. Once hyped as the bedrock of the decentralized internet, Filecoin has struggled to maintain its shine. Adoption hasn’t exactly skyrocketed, token inflation is a concern and its price performance has felt more Web2 than Web3 . Still, you can’t write off a project trying to solve the massive problem of centralized data monopolies. If the Web3 world ever gets serious about where it stores its data, Filecoin could finally get its redemption arc. Table of contents [ Show ] 2025 FIL Price Prediction 2026 FIL Price Prediction 2030 FIL Price Prediction Reasons to Invest in Filecoin (FIL) Factors That Could Slow Filecoin’s Growth Price Prediction Methodology Aggregate Analyst Forecasts Market Trends & Adoption Analysis Macroeconomic Factors Frequently Asked Questions 2025 FIL Price Prediction The outlook may reflect market skepticism around FIL’s ability to scale demand in a meaningful way. While Filecoin’s network is technica...
Local elections appear to signal end of two-party politics with five parties in the game in England It all panned out pretty much as everyone had expected. Nigel Farage was insufferably pleased with himself. Keir Starmer looked hunted while insisting he was going to remain prime minister for ever. Longer possibly. Kemi Badenoch grinned wildly, saying the Tories were back in the game as they slumpe...
Local elections appear to signal end of two-party politics with five parties in the game in England It all panned out pretty much as everyone had expected. Nigel Farage was insufferably pleased with himself. Keir Starmer looked hunted while insisting he was going to remain prime minister for ever. Longer possibly. Kemi Badenoch grinned wildly, saying the Tories were back in the game as they slumped to insignificance everywhere but the south-east. Ed Davey became supreme leader of the People’s Republic of Richmond upon Thames where the Lib Dems won all 54 seats. Zack Polanski chose not to make an appearance before lunchtime. And Huw Irranca-Davies, Labour’s erstwhile deputy first minister in Wales, conceded defeat before a vote had been counted. Business as usual. Except it wasn’t. These were the local elections that appeared to signal the end of two-party politics. There were now five parties in the game in England. That’s before we had got to Plaid Cymru in Wales and the SNP in Scotland. And by the end of the night, Labour and the Conservatives were lying in ruins. Their only consolation being that their losses weren’t even worse. If their election campaigns had taught them anything, it was how to manage expectations. Continue reading...