(RTTNews) - Apple has introduced new age verification requirements for U.K. users of Apple accounts through its latest operating system update. Users will need to confirm that they are 18 or older to access certain services, features, or perform specific actions on their accounts
(RTTNews) - Apple has introduced new age verification requirements for U.K. users of Apple accounts through its latest operating system update. Users will need to confirm that they are 18 or older to access certain services, features, or perform specific actions on their accounts
TD SYNNEX (SNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TD SYNNEX (SNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Reddit is taking new steps to identify bots on the platform - a process that may require some users to confirm that they're human. In a post on Wednesday , Reddit CEO Steve Huffman writes that the company will introduce a labeling system for accounts registered as bots, and ask users with "automated" or "fishy behavior" to verify that they're human using methods like fingerprint scanning or submit...
Reddit is taking new steps to identify bots on the platform - a process that may require some users to confirm that they're human. In a post on Wednesday , Reddit CEO Steve Huffman writes that the company will introduce a labeling system for accounts registered as bots, and ask users with "automated" or "fishy behavior" to verify that they're human using methods like fingerprint scanning or submitting their ID. With this update, developers can register automated accounts with Reddit, which will then receive an "[APP]" label. However, Reddit also notes that it will be on the lookout for unlabeled accounts with suspicious behavior. "If somethi … Read the full story at The Verge.
Nvidia (NASDAQ:NVDA) CEO Jensen Huang made a $1 trillion forecast this March during the company’s GTC 2026 conference. During his keynote, Huang projected that cumulative demand for Nvidia’s Blackwell and Vera Rubin chip architectures would reach “at least $1 trillion” through the end of 2027. This was a doubling of his prior estimate, where he ... Jensen Huang Just Made a $1 Trillion Prediction. ...
Nvidia (NASDAQ:NVDA) CEO Jensen Huang made a $1 trillion forecast this March during the company’s GTC 2026 conference. During his keynote, Huang projected that cumulative demand for Nvidia’s Blackwell and Vera Rubin chip architectures would reach “at least $1 trillion” through the end of 2027. This was a doubling of his prior estimate, where he ... Jensen Huang Just Made a $1 Trillion Prediction. One Stock Benefits Most, and It’s Not Nvidia
In trading on Wednesday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 4.9% on the day. Components of that ETF showing particular strength include shares of Iperionx, up about 5.4% and shares of Albemarle, up about 3.5% on the day. And underp
In trading on Wednesday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 4.9% on the day. Components of that ETF showing particular strength include shares of Iperionx, up about 5.4% and shares of Albemarle, up about 3.5% on the day. And underp
Exchange-traded fund investors are always on the lookout for funds that can generate long-term outperformance. With so many different types of ETFs to choose from, there's no shortage of ideas for investors to pursue to seek out market-beating gains. And because it's relatively easy to set up a new ETF, you can typically find plenty of funds out there addressing hot ideas that tie into the areas o...
Exchange-traded fund investors are always on the lookout for funds that can generate long-term outperformance. With so many different types of ETFs to choose from, there's no shortage of ideas for investors to pursue to seek out market-beating gains. And because it's relatively easy to set up a new ETF, you can typically find plenty of funds out there addressing hot ideas that tie into the areas of the market that are doing the best at any given time. Growth investing has been highly successful since the financial crisis, and Vanguard Growth ETF (NYSEMKT: VUG) has taken full advantage, outperforming the market over long periods of time. However, the jury is still out on whether growth stock investing will continue to generate similar returns to what it has in the recent past. In this final article on the Vanguard Growth ETF for the Voyager Portfolio , you'll find out more about the debate within the investing community and what the future could hold for the fund. Image source: Getty Images. Continue reading
hh5800/E+ via Getty Images The U.S. remains vulnerable to rising energy prices despite its status as a net energy exporter, former Federal Reserve Vice Chair Richard Clarida said, warning that the latest oil shock could weigh on growth. “Yes, you better be an exporter than an importer, but the U.S. is not insulated from this shock,” Clarida said in an interview with Bloomberg, noting that higher e...
hh5800/E+ via Getty Images The U.S. remains vulnerable to rising energy prices despite its status as a net energy exporter, former Federal Reserve Vice Chair Richard Clarida said, warning that the latest oil shock could weigh on growth. “Yes, you better be an exporter than an importer, but the U.S. is not insulated from this shock,” Clarida said in an interview with Bloomberg, noting that higher energy prices tend to slow the economy by eroding real incomes and raising costs for energy-intensive imports. Clarida said the Federal Reserve is likely to adopt a wait-and-see approach as it assesses the impact of the shock. While policymakers have indicated that at least one rate cut this year and next may be appropriate, he said any move could take time. “I do think that over time, Kevin Warsh will be able to get the committee to cut rates at least a couple more times, but it may not happen for a while,” he said. He added that officials are likely studying past oil shocks and geopolitical conflicts, though he stressed that the current U.S. economy differs from earlier decades. Clarida also pointed to persistent inequality, describing the economy as “definitely a K-shaped economy.” He said asset owners have benefited disproportionately over the past decades, while “a substantial fraction of the population has not been participating.” On artificial intelligence, he was cautious about near-term disruption. “The models are impressive… even their developers admit that they hallucinate,” he said, suggesting limited immediate impact on jobs. He also acknowledged uncertainty around Kevin Warsh’s potential confirmation as Fed chair, though he said the situation is likely to be resolved over time. More on markets Don't Buy The Hope: Making Peace With Iran Will Be Far Easier Said Than Done How To Navigate Stagflation Fears: Seeking Less Correlated Assets Investing On Both Sides Of The K-Shaped Economy U.S. slowdown is getting ‘more extreme’ – strategist U.S. equities advance on tal...
Wall Street is cutting its forecasts for the US economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view. Goldman Sachs Group Inc. says the risk of a downturn over the next 12 months has risen to 30% as a result of the surge in oil prices, and predicts the jobless rate will climb to 4.6%...
Wall Street is cutting its forecasts for the US economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view. Goldman Sachs Group Inc. says the risk of a downturn over the next 12 months has risen to 30% as a result of the surge in oil prices, and predicts the jobless rate will climb to 4.6% by the end of 2026 from 4.4% in February . Several firms say inflation will now be closer to 3% this year than 2%, eating into disposable incomes and keeping a lid on hiring. That’s a shift from what was supposed to be a strong year in 2026 as the shock of President Donald Trump’s tariffs faded into the background and stimulus from tax cuts kicked in . Even if the fighting ends soon, economists say the damage already done will keep the US economy on a narrow footing, with job seekers and lower-income consumers alike continuing to struggle. “Lots of elements of the economy are going to be weaker because of this war,” said Nancy Vanden Houten , the lead US economist at Oxford Economics. “The impact is very visible very quickly,” Vanden Houten said. “You just have to drive by your local gas station.” Tax refunds, amped up by Trump’s One Big Beautiful Bill Act, have helped blunt the blow. But forecasters are starting to expect the increase in refunds — a key element underpinning sunny forecasts for consumer spending in 2026 — will be effectively neutralized by higher energy costs. Read More: Tax Refunds Up, But Falling Short of Trump’s $1,000 Promise The price of gasoline has surged more than 30% so far this month to about $4 a gallon , according to the American Automobile Association, marking the biggest increase since Hurricane Katrina knocked out Gulf Coast oil production in 2005. Early data on tax refunds, meanwhile, are coming up short of expectations. In a March 23 report, Morgan Stanley economists estimated refunds are tracking 12% higher than last year, below the 15% t...
Software firm Planview Inc. has reached out to private credit firms to help it address debt maturing next year, according to people familiar with the situation. Increased competition due the proliferation of artificial intelligence powered tools and high leverage have raised concerns about the company’s ability to refinance its debt obligations in the public market, said the people familiar, who a...
Software firm Planview Inc. has reached out to private credit firms to help it address debt maturing next year, according to people familiar with the situation. Increased competition due the proliferation of artificial intelligence powered tools and high leverage have raised concerns about the company’s ability to refinance its debt obligations in the public market, said the people familiar, who asked not to be identified discussing a private matter. The TPG Capital and TA Associates -owned firm has a more than $1.5 billion of debt outstanding, with the bulk of it, including a term loan and a revolving credit facility, due in December 2027. Meanwhile, a group of lenders have signed a cooperation pact and are working with law firm Gibson Dunn & Crutcher , said other people familiar with the matter. Such agreements bound lenders to act together should the company want to engage in discussions over its debt load. A representative with TPG declined to comment, while messages left with Planview, TA Associates and Gibson Dunn were not returned. Planview is among the scores of tech companies that have seen their debt trade in distressed territory since February, caught up in a software selloff. Its $1.3 billion first lien loan due next year was quoted at 76.1 cents on the dollar Wednesday, down from 96.1 cents at the start of the year, according to data compiled by Bloomberg. Its $270 million second lien loan due in 2028 is quoted at 69 cents. Moody’s Ratings cut Planview’s credit grade to Caa1 from B3 earlier this month, noting that the company has sought to widen its product offerings with the launch of Planview Anvi, an AI powered work managment tool. But a competitive landscape combined with too much leverage hinders a refinancing transaction. The ratings firm also changed the outlook to negative from stable, reflecting the potential for a distressed exchange as the company approaches its maturities.
Chip maker Taiwan Semiconductor Manufacturing (NYSE:TSM) reported its Q4 2025 results in January, while Broadcom (NASDAQ:AVGO) filed its Q1 FY2026 results in March. Both are riding the same AI wave from structurally different positions: one builds fabs, the other designs chips and sells software. Manufacturing Dominance Meets Custom Silicon Acceleration TSMC’s quarter demonstrated foundry leverage...
Chip maker Taiwan Semiconductor Manufacturing (NYSE:TSM) reported its Q4 2025 results in January, while Broadcom (NASDAQ:AVGO) filed its Q1 FY2026 results in March. Both are riding the same AI wave from structurally different positions: one builds fabs, the other designs chips and sells software. Manufacturing Dominance Meets Custom Silicon Acceleration TSMC’s quarter demonstrated foundry leverage ... TSM vs. AVGO: Which is a Better Semiconductor Stock?
In trading on Wednesday, shipping shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Euroseas, down about 5.8% and shares of Ardmore Shipping off about 4.3% on the day. Also lagging the market Wednesday are textiles shares,
In trading on Wednesday, shipping shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Euroseas, down about 5.8% and shares of Ardmore Shipping off about 4.3% on the day. Also lagging the market Wednesday are textiles shares,
CrowdStrike has recently rolled out a wave of AI-powered cybersecurity enhancements across its Falcon platform, including agentic managed detection and response, adversary-informed cloud and data security, expanded Next-Gen SIEM capabilities, and new flexible services offerings. By coupling these launches with partnerships spanning NVIDIA, EY, Nebius, Perplexity, and others, CrowdStrike is positio...
CrowdStrike has recently rolled out a wave of AI-powered cybersecurity enhancements across its Falcon platform, including agentic managed detection and response, adversary-informed cloud and data security, expanded Next-Gen SIEM capabilities, and new flexible services offerings. By coupling these launches with partnerships spanning NVIDIA, EY, Nebius, Perplexity, and others, CrowdStrike is positioning Falcon as an AI-centric security operating system that ties together endpoints, cloud,...
In trading on Wednesday, biotechnology shares were relative leaders, up on the day by about 3.6%. Leading the group were shares of Sarepta Therapeutics, up about 27.3% and shares of Spruce Biosciences up about 19.6% on the day. Also showing relative strength are precious metal
In trading on Wednesday, biotechnology shares were relative leaders, up on the day by about 3.6%. Leading the group were shares of Sarepta Therapeutics, up about 27.3% and shares of Spruce Biosciences up about 19.6% on the day. Also showing relative strength are precious metal
Rawpixel/iStock via Getty Images Investment Outlook Wipro Limited ( WIT ) reported FQ3 2026 financial results , missing revenue but meeting EPS consensus estimates. I previously analyzed WIT in June 2025 with a Sell outlook due to declining revenue and client ramp-downs. Forward revenue is still expected to decline, and clients remain focused on less lucrative cost-takeout work rather than high-va...
Rawpixel/iStock via Getty Images Investment Outlook Wipro Limited ( WIT ) reported FQ3 2026 financial results , missing revenue but meeting EPS consensus estimates. I previously analyzed WIT in June 2025 with a Sell outlook due to declining revenue and client ramp-downs. Forward revenue is still expected to decline, and clients remain focused on less lucrative cost-takeout work rather than high-value-added transformational projects. While management is focused on shifting the firm’s focus toward GenAI capabilities and offerings, soft client demand keeps me pessimistic on the company's prospects in the near term, so I remain a Sell on WIT. Wipro’s Market And Approach Wipro generates its revenue from a combination of consulting, IT services and business process outsourcing income across a number of verticals and global regions. The pie chart below shows the company's revenue contribution by region, with the Americas representing the strong majority of revenue: SEC The firm also generates a high percentage of revenue by industry from the BFSI (Banking, Financial Services, Insurance) vertical. WIT’s main service offering categories are: Consulting IT services Business process outsourcing Government services Product engineering & design Other. The 2024 global market for software consulting was around $350 billion in size and was expected to surpass $1.1 trillion by 2034, per a market research report by Precedence Research. If achieved, this growth rate would equal a CAGR of 12.6% from 2025 to 2034, which is a fairly strong growth rate for an already large industry. The main drivers for this forecasted growth are continued demand by organizations for efficiency improvements to their IT systems; also, the SMB market is expected to grow at the highest growth rate through 2034. The North America region accounted for the highest market share in 2023, followed by Europe and the Asia Pacific region, as the chart shows here: Precedence Research Substantial competitors and other ...
Rithm Capital announced today that its Board of Directors has declared its first quarter 2026 common and preferred stock dividends. "Today's announcement marks our 52nd consecutive quarterly dividend since our founding in 2013, reflecting the consistency of our earnings and dis
Rithm Capital announced today that its Board of Directors has declared its first quarter 2026 common and preferred stock dividends. "Today's announcement marks our 52nd consecutive quarterly dividend since our founding in 2013, reflecting the consistency of our earnings and dis
smshoot/iStock via Getty Images The U.S. economic slowdown is becoming “more extreme,” according to Jim Paulsen, former chief investment strategist at the Leuthold Group, who argues that the weakening fundamentals may soon force the Federal Reserve’s hand on interest rates. Despite oil prices ( CL1:COM ), ( CO1:COM ) that have risen, and persistent inflation fears tied to the Iran conflict, Paulse...
smshoot/iStock via Getty Images The U.S. economic slowdown is becoming “more extreme,” according to Jim Paulsen, former chief investment strategist at the Leuthold Group, who argues that the weakening fundamentals may soon force the Federal Reserve’s hand on interest rates. Despite oil prices ( CL1:COM ), ( CO1:COM ) that have risen, and persistent inflation fears tied to the Iran conflict, Paulsen suggested the economy’s underlying weakness is the more pressing concern for investors and policymakers alike. In an interview with CNBC, Paulsen acknowledged the difficulty investors face in assessing risks from the ongoing war. “No one knows how this is going to go,” he said, noting that while a prolonged conflict would be “very detrimental for stocks and bonds,” there’s also significant risk in sitting on the sidelines if a quick resolution emerges. The strategist emphasized that the market presents risks on both sides of the trade. Paulsen offered perspective on the current oil price spike, with West Texas Intermediate ( CL1:COM ) at $88—up roughly 35% over the past year. He noted this increase is among the smaller oil-induced inflation spikes of the last four decades, and critically, it’s occurring when real GDP growth sits at just 2% with productivity at 2.5%. “That’s the most disinflationary growth you can have,” Paulsen explained. “I wonder if it might be a little less than we expected” in terms of inflationary fallout. The strategist highlighted an irony in market sentiment: despite last year’s fears about tariff-induced inflation, the CPI actually fell from 3% to 2.4%, yet many investors missed the market’s gains because they were “scared away.” Now, he suggested, the same pattern may be repeating with oil-driven inflation concerns dominating the conversation while underlying economic weakness tells a different story. Paulsen declared himself a “bond buyer,” pointing out that the 10-year yield ( US10Y ) has risen only 15 to 20 basis points from year-end levels d...