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Archive: 2025-03-10 (312) - Page 3/7 (50)

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Farmers Put Plans, Investments on Hold Under Trump USDA Spending Freeze

The Trump administration's freeze on USDA grants and loans is creating financial turmoil for farmers, with many halting investments and facing potential bankruptcy due to uncertainty in agricultural funding. This decision has disrupted agricultural markets, leading to confusion and stress in farming communities that have historically supported Trump. As farmers await the release of frozen funds, the long-term implications for the agricultural sector and its economic stability remain unclear.

HSBC Downgrades US Stocks, Turns Bullish on European Equities

HSBC has downgraded its outlook on U.S. equities to "neutral" amid uncertainty surrounding the Trump administration's trade policies, while upgrading its rating on European stocks to "overweight". The brokerage believes a proposed $1.2 trillion European fiscal package and China's emergence as a tech leader are shifting investor capital away from the United States. The S&P 500 has pulled back 6.1% since its record high in February, with worries about trade war impacts on corporate profits and growth.

The Micro Laptop with a Twist

The Antec Core HS A7840U offers a unique combination of features that set it apart from other handheld gaming consoles, making it an attractive option for those seeking a portable workstation. Powered by the AMD Ryzen 7 7840U processor and Radeon 780M mobile graphics, this device provides a balance between gaming performance and productivity capabilities. Its compact design and docking station feature make it an excellent choice for anyone looking to stay productive on-the-go.

Rocket to Buy Real Estate Broker Redfin for $1.75 Billion

Rocket Cos.'s acquisition of Redfin Corp., valued at $1.75 billion, signals a significant shift in the property market as the financial technology group delves deeper into the industry with a new listing site. The deal represents a premium of 63% over Redfin's common stock price, indicating investor confidence in Rocket's ability to integrate home search with its existing platform. By acquiring Redfin, Rocket aims to accelerate its purchase and AI strategy, aiming for $200 million in run-rate synergies by 2027.

Trump Doesn't Preclude a Recession This Year

President Donald Trump acknowledged the possibility of a U.S. recession during a recent television interview, attributing potential economic challenges to the imposition of tariffs and federal government job cuts. He described the current period as a "transition," suggesting that while there may be short-term difficulties, his policies aim to restore wealth to America. The uncertainty surrounding these trade policies has contributed to fluctuations in stock markets, complicating the economic outlook.

New Meme Coin Cocoro Launched By Dogecoin's IP Rights Holder

Cocoro (COCORO), the new meme coin launched by Own the DOGE, the group behind the original Doge meme's intellectual property, has made its debut on Base, the Ethereum layer-2 network developed by Coinbase. The coin's market cap surged past $80 million after its launch, but dropped to around $46 million with a token price near $0.046. COCORO's tokenomics feature 75% of the supply locked into liquidity pools, 20% distributed via airdrops to DOG and NEIRO holders.

This Lenovo Laptop Has an Incredible Display, But It Comes with a Catch

The Lenovo Yoga Slim 9i 14 is an ultraportable laptop that boasts an exceptional OLED display and a sleek design, yet it compromises on battery life and connectivity options. Users may find the webcam placement and fingerprint reader positioning inconvenient, overshadowing the laptop's aesthetic appeal. While it excels in performance for everyday tasks, its price and limitations may deter potential buyers seeking a more versatile machine.

Buying a PC Game Controller Is All About Options

When selecting a game controller for PC gaming, consumers face a multitude of choices that can be overwhelming, but understanding the options is key to making an informed decision. Xbox controllers offer the best out-of-the-box compatibility for Windows PCs, while PlayStation controllers come with caveats that may complicate their use on various platforms. Additionally, third-party controllers provide unique features and customization options, catering to diverse gaming preferences and needs.

Applied Materials Increases Quarterly Cash Dividend by 15 Percent and Announces New $10 Billion Share Repurchase Authorization

Applied Materials, Inc. has increased its quarterly cash dividend by 15 percent, marking eight consecutive years of higher dividends, with a new share repurchase authorization enabling the company to buy back an additional $10 billion of its shares over time. The increase in dividend payout reflects the company's confidence in its business prospects and its ability to distribute excess cash to shareholders. This move also underscores Applied Materials' commitment to returning value to its investors.

New Rules Squeeze Banks’ Capital as Brazil Delinquencies Spike

New regulations in Brazil are reducing banks' equity capital, limiting their capacity to extend loans amidst increasing delinquencies and rising interest rates. These changes, intended to align Brazilian banks with global standards, compel lenders to quickly generate profits from a substantial backlog of tax assets while simultaneously adjusting how loan-loss provisions are recorded. The resulting financial strain is prompting banks to seek assistance from distressed-asset fund managers to navigate their loan portfolios effectively.

DEATH STRANDING 2: ON THE BEACH Trailer Confirms June Release Date and an Even More Harrowing Post-Apocalyptic World

Death Stranding 2: On the Beach has released a new trailer that showcases its increasingly bleak post-apocalyptic world, where humanity's reliance on automation threatens to erode its very existence. The game's narrative is further fleshed out, introducing new characters while revisiting beloved ones from the original. As the release date draws near, anticipation for this highly anticipated sequel is building.

The Next Xbox Could Simply Be a PC in a 'TV-Friendly Shell'

Microsoft's next major home console might be more like a PC, with a TV-friendly shell, according to a recent rumor. This would make it similar to a Steam Machine, allowing players greater freedom over their gaming experience. The concept challenges the traditional console market and raises questions about the future of gaming.

India's Modi to Back Mauritius Sovereignty over Chagos, Upgrade Security Ties

Modi will reiterate Mauritius sovereign rights over Chagos, Trump has indicated support to UK-Mauritius deal over islands. India, Mauritius to sign agreement to enhance maritime security. The move reflects a shift in regional dynamics, as India seeks to bolster its strategic partnerships with island nations against the growing influence of China.

KREMLIN DENIES Russian Sabotage Allegations Empty and Unproven

The Kremlin has dismissed Western accusations of Russian sabotage in the U.S. and Europe as "empty and ephemeral" and without evidence. These claims have been repeatedly made by NATO allies, including Britain's foreign spy chief, but the Kremlin insists that Russia has not engaged in any such activities. The accusations have also led to suspensions of certain measures to counter alleged Russian sabotage campaigns.

Happy Belly's Smash Burger Brand Rosie's Burgers Announces the Signing of a Real Estate Location

Rosie's Burgers, a boutique QSR restaurant brand serving original recipe smash burgers, poutine, onion rings, milkshakes and more, has secured a real estate location at the University of Alberta for its multi-branded multi-unit franchisee. The company aims to capitalize on the university's significant organic growth opportunities, with over 42,000 students providing a vast customer base for the brand. By establishing a strong presence at the campus, Happy Belly seeks to accelerate retail adoption and further establish Rosie's as the category leader in Canadian smash burger chains.

UK Concerned by Chinese Activity in South China Sea, Says Foreign Minister

Britain is concerned by China's "dangerous and destabilising" activity in the South China Sea, with British Foreign Minister David Lammy stating that the UK and world economy depend on these trade routes being safe and secure. The Philippines is particularly at risk, facing frequent challenges to freedom of navigation and international law. The situation has raised tensions in the region, with the US previously condemning a Chinese navy helicopter's manoeuvres that endangered a Philippine government aircraft.

Conventum – Alluvium Global Fund Increased Its Position in Charter Communications (CHTR)

Alluvium Asset Management's fourth-quarter 2024 investor letter highlights an increased position in Charter Communications, which has shown significant stock performance, rising 27.25% over the past year. The fund's strategy involves navigating its holdings in Liberty Broadband and Charter amidst ongoing market fluctuations and consolidation talks, leading to adjustments in their investment portfolio. The fund remains optimistic about the earnings yield and free cash flow yield from Charter's broadband assets, reflecting confidence in long-term growth.

Singapore Exchange to Roll Out Open-Ended Bitcoin Futures Listing

The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, in a move that could significantly expand market access for this asset class. The firm's offering is expected to bring retail customers into the picture, potentially creating a new level of volatility in the markets. However, no specific details have been provided on how the exchange intends to ensure regulatory compliance with existing laws and regulations.

German Industrial Production Rises, But Exports Fall

German industrial output experienced a 2.0% increase in January, yet exports declined by 2.5%, highlighting the significant challenges the new government faces in revitalizing the economy amidst geopolitical uncertainty. Despite the rise in production, which surpasses prior quarter averages, concerns persist over the overall stagnation in the industrial sector, as production remains approximately 10% below pre-pandemic levels. Analysts remain cautious, emphasizing that while the rise in production may indicate a potential bottoming out of the industrial slump, a substantial recovery is not yet assured.

Spanish Fashion Co Mango's Sales Rise 8% in 2024

Mango reported an 8% increase in sales for 2024, reaching 3.33 billion euros, largely driven by its international expansion efforts, particularly in the United States. The company, now focusing on premium partywear, saw net profits soar by 27% and gross margins hit 60.7%, reflecting its successful strategy against competitors like Zara. With plans to expand its U.S. footprint by opening over 60 new stores by 2025, Mango aims to reach 4 billion euros in sales by 2026.

Ferretti to Make Acquisition This Year

Ferretti Group is planning to make an acquisition this year as part of its strategy to expand its operations and improve efficiency. The Italian yacht manufacturer has been exploring various options, including the potential purchase of a brand, yard, or other asset. The company's CEO has confirmed that there are three different files on the table, but no further details have been disclosed.

Chromecast Users Are Getting Increasingly Angry About a Weird 'Untrusted Device' Bug That Blocks Casting

Chromecast users are facing frustration as a mysterious bug affects some devices, preventing them from casting content normally. The issue is affecting 2nd-gen Chromecasts and Chromecast Audio dongles, with no clear solution yet available. Google has acknowledged the problem and is working on a fix, but users are urged to wait it out until an official update is released.

Cyberattack on Ntt Reveals Weaknesses in Global Telecommunications Infrastructure

NTT Communications has suffered a devastating cyberattack that compromised sensitive data of almost 18,000 corporate customers. The breach occurred in late February and saw the theft of key customer information, including contract numbers, names, contact details, and service usage records. NTT has acknowledged the breach but remains tight-lipped about the identity of the attackers or how they accessed its systems.

Trump Chaos Pushes Central Banks Into Shadows

The recent turmoil surrounding President Donald Trump's economic policies has forced central banks to adopt a more passive role, as government actions take center stage in shaping market dynamics. With heightened uncertainty from trade tariffs and aggressive fiscal measures, investor confidence is wavering, leading to significant market fluctuations and concerns about a potential recession. This shift highlights the evolving landscape of economic policy, where fiscal measures are increasingly dictating market trends over traditional monetary policy strategies.

Oil Executives Experience Doubts Amid Trump’s Leadership

Energy executives gathering for CERAWeek in Houston are grappling with the complexities of President Donald Trump's policies, which have sparked both hope and uncertainty within the fossil fuel sector. While Trump's administration has lifted certain restrictions and promised increased production, the economic instability caused by his tariffs and sanctions has led to declining oil prices and potential disruptions in investment strategies. As the industry faces a challenging landscape, the conference is expected to reflect a mix of enthusiasm for regulatory support and anxiety over the unpredictable economic climate.

KalVista Pharmaceuticals to Host Investor Webcast Highlighting Commercialization Strategy, Plans and Results

KalVista Pharmaceuticals will host a virtual event on March 25, 2025, to provide an overview of its commercialization strategy for sebetralstat, an investigational treatment for hereditary angioedema (HAE). The company has completed Marketing Authorization Applications for sebetralstat to global regulatory authorities and is under regulatory review by the U.S. FDA. Sebetralstat is under investigation for its safety and efficacy in treating HAE.

Global Manufacturing Is Repositioning — But It’s Complicated

The shifting dynamics of global manufacturing and supply chain strategies have created an unprecedented moment of change for logistics professionals, businesses, and policymakers alike. As companies respond to rising labor costs, trade policy uncertainties, and geopolitical tensions, the execution of diversification strategies is far from simple. From infrastructure limitations and workforce shortages to regulatory hurdles and freight market volatility, manufacturers face a multitude of challenges in repositioning their global manufacturing footprint.

UNA Watch Is the Sustainable Wearable That Wants to Replace Your Apple Watch

UNA Watch introduces a modular and sustainable alternative in the wearable technology space, allowing users to replace individual components like batteries and screens, akin to building with Lego. Backed by a £300,000 investment, the Edinburgh-based company aims to challenge the disposability of current wearables, exemplified by the Apple Watch's design limitations. With features such as GPS, health monitoring, and a 10-day battery life, the UNA Watch is set to launch on Kickstarter, attracting significant early interest.

Windows 11 Introduces New Recommendations for Start Menu and File Explorer

Microsoft is testing new features for Windows 11 that include app recommendations in the Start menu and suggested files in File Explorer, aimed at enhancing user experience. The Start menu will now suggest apps typically used together, while File Explorer will display relevant files based on user activity, although these changes will not be available in the European Economic Area for now. While some users may find these recommendations helpful, others may view them as unnecessary clutter in the interface.

Hungary Looks to Romania to Help Diversify Its Energy Sources

Hungary is seeking to expand its energy cooperation with Romania, driven in part by its desire to reduce dependence on Russian gas and explore new supply sources. The two countries are negotiating an agreement that could pave the way for increased trade and collaboration in the energy sector. This development reflects Hungary's efforts to diversify its energy mix and enhance its energy security.

Protalix BioTherapeutics Announces Fiscal Year 2024 Financial and Business Results on March 17

Protalix BioTherapeutics, Inc. will release its financial results for the fiscal year ended December 31, 2024, and provide a business and clinical update on March 17, 2025, marking a significant milestone in the company's journey as it continues to push the boundaries of recombinant therapeutic protein development. The announcement comes after Protalix has already gained FDA approval for its innovative ProCellEx plant cell-based expression system, paving the way for future product launches. As the company looks to the future, investors and stakeholders will be eagerly awaiting insights into its progress.

EU Lawmakers Voice Doubts About Digital Euro After ECB Outage

European lawmakers are voicing fresh doubt about the European Central Bank’s ability to deliver its digital euro project following an outage in the ECB’s existing payment system. The breakdown in Target 2 (T2) caused delays for thousands of households and traders, raising concerns about the ECB's credibility. A successful digital euro would require restoring citizens' trust, with lawmakers emphasizing the need for improved systems and secure financial infrastructure.

Agentic AI Has “Profound” Issues With Security and Privacy, Signal President Says

Meredith Whittaker, President of Signal, has raised alarms about the security and privacy risks associated with agentic AI, describing its implications as "haunting." She argues that while these AI agents promise convenience, they require extensive access to user data, which poses significant risks if such information is compromised. The integration of AI agents with messaging platforms like Signal could undermine the end-to-end encryption that protects user privacy.

Japan’s Ishiba Urges Companies, Unions to Achieve Strong Wages

Japanese Prime Minister Shigeru Ishiba has called for an increase in workers' wages as annual pay negotiations are set to begin, emphasizing the need for cooperation between labor and management. With Japan's largest trade union federation, Rengo, seeking an average pay raise of 6.09%—the highest demand in over thirty years—Ishiba's comments reflect a significant focus on wage growth as a driver of economic stability. Additionally, the government plans to raise the minimum wage to ¥1,500 ($10.19) per hour within five years, highlighting the urgency of addressing wage disparities in the face of rising economic uncertainty.

The Real Secret to Becoming a Billionaire Revealed

Justine Musk, the first wife of billionaire Elon Musk, once shared her unique insights on the journey to becoming a billionaire. In 2015, Justine Musk responded to a Quora thread questioning whether determination and hard work alone lead to a billion-dollar fortune. She firmly answered, "No," emphasizing that determination falls short of the mark; instead, one must be ready to tackle extreme challenges head-on.

Google Is Working on a Fix for 2nd Gen Chromecast Users Who Can't Cast Content

Google is aware of the issue and is working on a fix. Users reported trying several troubleshooting steps, including device resets, but nothing has worked. The strange global "casting" outage seems to be affecting second-generation Chromecast devices, with some users reporting authentication failure or untrusted device errors.

Global Market Declines Amid Tariff Concerns and Economic Uncertainty

US stock index futures fell on Monday as worries persisted that tit-for-tat tariffs could affect the world's largest economy, while electric-vehicle maker Tesla declined following a bearish brokerage forecast. The decline in US-listed shares of Chinese companies also fell due to weak economic data, leading to a drop in crypto stocks. Companies such as Airbnb climbed on bullish brokerage ratings, providing some relief. Futures were down for the Dow, S&P 500, and Nasdaq.

U.S. Stock Market Woes Persist as Trump's Tariffs Loom

U.S. stock index futures fell on Monday as worries persisted that the Trump administration's tariff policies could affect the world's largest economy, while EV maker Tesla declined following a bearish brokerage forecast. The benchmark S&P 500 logged its biggest weekly drop since September on Friday and the tech-heavy Nasdaq fell more than 10% from its December record high on Thursday. Investors will be watching closely for data on inflation, job openings and consumer confidence later in the week.

Futures Decline as Tariff Concerns Persist; Tesla Falls

U.S. stock index futures have dropped amid ongoing fears that escalating tariffs may negatively impact the economy, with Tesla's stock declining following a bearish forecast from UBS. Major tech companies, including Nvidia, Meta, and Amazon, also experienced declines as investors shifted towards safer assets like Treasury bonds. The volatility in the market is exacerbated by uncertainty surrounding President Trump's trade policies, which have raised recession fears among economists.

Aspen Pharmacare Holdings' (JSE:APN) Soft Earnings Are Actually Better Than They Appear

Aspen Pharmacare Holdings Limited's ( JSE:APN ) stock was strong despite it releasing a soft earnings report last week. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures. The company's unusual items, which reduced its statutory profit by R1.9b, may not be repeated in the future, potentially leading to an improvement in its profit.

Iran Takes the Reins on Its Own Nuclear Future

Iran has rejected U.S. President Donald Trump's letter urging the country to negotiate a nuclear deal, citing its own policy positions and sovereignty in foreign affairs. The Kremlin has confirmed no consultations were held with Iran before or after the letter was sent. Kremlin spokesman Dmitry Peskov emphasized that Iran seeks negotiations based on mutual respect and constructive dialogue.

German Spending Boost to Leave Lasting Impact on World Bond Markets

A sea change in German fiscal policy is rapidly transforming global bond markets as it is expected to increase the pool of top-rated, safe-haven debt and propel Germany into a new era of structurally higher government bond yields. Companies and investors are excited by this shift, anticipating a surge in bond sales to fund increased spending. The increase in 10-year Bund yield has already had knock-on effects on global yields.

Assassin's Creed Shadows PS5 Pro Details Have Been Revealed and the Biggest Difference Appears to Be 'Extended' Ray Tracing Will Be Present on PS5 Pro

Assassin's Creed Shadows on PS5 Pro will feature performance modes with varying levels of graphical fidelity, but the main draw is the inclusion of "extended" ray tracing, which promises a more immersive game world. The three performance modes - Performance, Fidelity, and Balanced - offer different trade-offs between frame rate and graphical quality. Ray tracing enhancements are notable on PS5 Pro, providing a more realistic lighting experience throughout the game.

North Korea Fires First Ballistic Missiles Since Trump’s Return

North Korea has fired multiple ballistic missiles off its west coast, marking the first such launch since Donald Trump's return to power, as Pyongyang shows no signs of holding back from its missile testing amid heightened tensions with Washington and Seoul. The launch comes amid ongoing diplomatic uncertainty in South Korea, following President Yoon Suk Yeol's brief imposition of martial law in December and his subsequent impeachment. The projectiles were likely close-range ballistic missiles, launched from the Hwanghae Province in North Korea's west.

The Impact of US Tariffs on Global Trade Policy

US President Trump's tariffs are reshaping US trade policy and overhauling decades of free-trade agreements with friend and foe alike. However, the pause in tariffs on goods and services compliant with the USMCA until April 2 may provide temporary relief for affected industries. Despite this, the ongoing trade tensions between the US and its trading partners continue to pose significant challenges for global economic stability.

Better than the Real Thing? Spark 2 Packs 39 Amp Sims Into $300 Bluetooth Speaker

The Spark 2 from Positive Grid embodies the "software-ization" of music, marrying digital modeling with portable hardware to create an affordable and versatile solution for musicians. This miniature old-school amp is, in essence, a computer with knobs and a speaker, leveraging firmware updates, DSP chips, and smartphone apps to deliver a vast array of guitar tones. Digital amp modeling has revolutionized the music industry, offering home musicians unparalleled access to high-quality gear at a fraction of the cost.

TXNM Energy to Meet with Investors

TXNM Energy, Inc. management will meet with analysts and investors this week, affirming the company's 2025 consolidated earnings guidance of $2.74 to $2.84 per diluted share. The meetings come after a year of navigating the energy landscape, where companies are under pressure to maintain profitability while investing in growth initiatives. TXNM Energy's focus on delivering energy to over 800,000 homes and businesses across Texas and New Mexico positions it for long-term success.

Nomura Sees Low Risk of S&P 500 Crash as Investors Cut Exposure

The odds of a wider market meltdown are decreasing as the S&P 500 Index's controlled decline reduces investor exposure, according to Nomura Securities cross-asset strategist Charlie McElligott. The latest choppiness in markets has been accompanied by "appropriate mechanical de-allocation, deleveraging and rebalancing trades that remove accelerant flows which then contribute to crash conditions," McElligott wrote in a note. With most assets under management remaining focused on tech leadership, the strategist expects volatility to decline in the coming weeks if an idiosyncratic shock is absent.

HUTCHMED (China) Growth Outpaces Market Returns Over Three Years Period

HUTCHMED (China) Limited, a Chinese pharmaceutical company, has delivered strong revenue growth over the last three years, with annual increases of 34%. The company's share price has also risen steadily, up 4% per year during this period. This performance is impressive, especially considering HUTCHMED (China)'s lack of profitability.

Novo Nordisk A/S: CagriSema Demonstrates Superior Weight Loss in Adults with Obesity or Overweight

Novo Nordisk has announced promising results from the REDEFINE 2 trial, which evaluated the efficacy and safety of CagriSema, a combination treatment for obesity and type 2 diabetes. The trial showed that 61.9% of participants on CagriSema experienced a weight loss of 15.7% after 68 weeks, significantly outperforming the placebo group's 3.1% weight loss. Novo Nordisk plans to seek regulatory approval for CagriSema in early 2026, aiming to provide an effective treatment option for millions affected by obesity.