Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty ImagesGlobal investors may be underpricing the impact of a conflict between Israel and Iran, market watchers warned on Monday, as stocks rallied despite escalating warfare in the Middle East.The two regional powers continued trading fire on Monday, marking the fourth consecutive day of fighting since Israel launched airstrikes against Iran last week.Despite the continued fighting — with hundreds reported dead — global stock markets sustained a positive momentum on Monday, seemingly…
Author: usaeverydaylife
It took 11 years since Facebook acquired it for $19 billion, but Meta is finally bringing ads to WhatsApp, marking a major change for an app whose founders shunned advertising.Meta announced Monday that businesses will now be able to run so-called status ads on WhatsApp that prompt users to interact with the advertisers via the app’s messaging features. The ads will only be shown to users within WhatsApp’s “Updates” tab to separate the promotions from people’s personal conversations. Additionally, Meta will begin monetizing WhatsApp’s Channels feature through search ads and subscriptions. The debut of ads on the messaging app represents a…
Check out the companies making headlines before the opening bell on Wall Street. U.S. Steel — U.S. Steel shares jumped 5%s after President Donald Trump issued an executive order on Friday approving its merger with Japan’s Nippon Steel. The companies also signed a national security agreement that includes a golden share for the U.S government. Although U.S. Steel did not specify what powers the government would wield with its share, Trump said on Thursday that the golden share gives the U.S. president ” total control .” Roku — The streaming platform jumped 8.5% after announcing an exclusive partnership with Amazon that…
A potential multi-year growth outlook for luxury brand Coach could be a key driver for Tapestry stock, according to JPMorgan. The firm reiterated an overweight rating on the fashion holding company stock, alongside a $104 per share price target. JPMorgan’s forecast calls for about 32% upside from Friday’s $78.91 close. Analyst Matthew Boss specifically pointed to an attractive growth profile for Tapestry’s Coach brand as a potential growth catalyst for the stock. Boss also said Tapestry’s past efforts to reach younger customers within its Coach brand has “reached critical scale” which is “more than offsetting prior declines in the customer…
Attendees walk past the closed Israel Aerospace Industries (IAI) Israeli Pavillon during the 55th edition of the International Paris Air Show at the ParisLe Bourget Airport, in Le Bourget, suburb of Paris on June 16, 2025. Alain Jocard | Afp | Getty ImagesThe stands of at least two major Israeli defense firms were blocked off to attendees at the Paris Air Show on Monday, in a move Israel said was ordered by the French government following a dispute over the displays.Boards were placed around the pavilions of firms including Elbit Systems and Israel Aerospace Industries (IAI), which were showcasing examples…
US President Donald Trump disembarks from Air Force One while holding his cellphone with a text message from Roger Stone upon arrival at Joint Base Andrews in Maryland, May 30, 2025, after traveling to Pennsylvania to visit a US Steel plant. Saul Loeb | Afp | Getty ImagesThe Trump Organization on Monday unveiled a mobile phone plan and a $499 smartphone that is set to launch in September.The new service, Trump Mobile, will offer a $47.45-per-month plan that includes unlimited talk, text and data, as well as roadside assistance and a “Telehealth and Pharmacy Benefit,” according to its website.The company…
Anna Barclay | Getty ImagesThe long-running rivalry between the country’s top premium credit cards is about to heat up again.JPMorgan Chase announced last week that a refresh of its Sapphire Reserve — the travel and dining rewards card that went viral when it arrived in 2016 — was imminent.In response, American Express on Monday said that “major” changes were coming to its consumer and business Platinum cards later this year. While short on details, the New York-based card company said that its update would be its largest ever investment in a card refresh.”We are going to double down on the…
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersU.S. Steel shares jumped on Monday after President Donald Trump approved its controversial merger with Japan’s Nippon Steel.U.S. Steel shares were last up about 5% in premarket trading.Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security agreement with the U.S. government. The companies said they signed the agreement with the government, completing the final hurdle for the deal.U.S. Steel said…
Celsius’ growth story is back, according to TD Cowen, on the strength of its position in women’s energy drinks. Analyst Robert Moskow upgraded Celsius to buy from hold, and raised his price target, saying that an improvement in sales and a creative new direction from management has reinvigorated the energy drink company. His price target, hiked to $55 from $37, implies more than 30% upside from Friday’s close of $41.16. The stock was last up more than 3% in extended trading. “We upgrade CELH to Buy and raise our PT to $55,” Moskow wrote Monday in a note called “Celsius’…
Payment stocks took a hit on Friday following a Wall Street Journal report that Amazon and Walmart are exploring the possibility of using or issuing their own stablecoins. Analysts and investors say that may have been a little hasty. Stablecoins provide a way to move the value of U.S. dollars using cryptocurrency rails instead of traditional banking rails. They’re appealing to retailers for their potential to save companies billions of dollars in processing fees, thanks to the speed and cost efficiency of blockchain technology, although that would cut a high volume of transactions away from the major card networks. Uber…
