Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed.In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet.Amazon discovered an abnormality with the drone’s altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground, the company said. Amazon “never experienced an actual safety issue,” but said it opted to suspend deliveries while it…
Author: usaeverydaylife
Traders work on the floor of the New York Stock Exchange on March 28, 2025, in New York City. Spencer Platt | Getty Images Monday was the last trading day of the quarter. U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and suffered their heaviest three-month losses since 2022. The Nasdaq remains in correction territory.But it won’t be the last tumult stocks will experience. Reciprocal tariffs on “all countries” will start Wednesday, U.S. President Donald Trump said Sunday. While Trump has described the start of his tariffs as…
Self-directed traders and investors do not need to look far as they educate themselves about options to encounter “The Greeks.” These metrics gauge how sensitive an option’s price is to various factors. The primary Greeks include Delta, Gamma, Theta, Vega, and Rho. Delta indicates an option’s price sensitivity to the underlying asset’s price changes. Gamma indicates the rate at which Delta changes relative to the underlying asset’s price changes. Theta indicates how much value the option loses each day. Vega indicates an option’s sensitivity to changes in the underlying asset’s implied volatility. Rho indicates how sensitive an option is to…
The ‘Fast Money’ traders talk Live Nation shares tumbling after hours. Source link
A Hooters restaurant is seen on February 24, 2025 in Miami, Florida. Joe Raedle | Getty ImagesRestaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company’s founders.Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food, and declining spending by cash-strapped American consumers. The company currently directly owns and operates 151 locations, with another 154 restaurants operated by franchisees, primarily in the United States.The privately-owned company,…
LightSource cofounders: CTO Idan Mintz and CEO Spencer PennCourtesy: LightSourceWith President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn’t know what the president’s tariffs plan would look like before raising its first funding round. But the timing didn’t hurt. LightSource has just closed a $33 million financing, led by Bain Capital Ventures and Lightspeed Venture Partners, with participation from J2 Ventures.”Tariffs and trade winds are shifting so…
Three days after Myanmar’s worst earthquake in more than a century ravaged the remote, war-torn city of Sagaing, razing monasteries and apartment buildings, help was still just starting to trickle in.The city’s 300,000 residents had been left to largely fend for themselves after the 7.7-magnitude quake struck, damaging roads and prompting the authorities to close a bridge over safety concerns. The area was already deeply isolated, cut off from the internet by Myanmar’s military, which has been fighting rebels in a civil war.By late Monday, some international aid groups began arriving in Sagaing. But local volunteers seeking to help with…
The S&P 500 made a stunning comeback from its lows on Monday, bouncing from a 1.7% decline to close with a modest gain. Here’s what’s on CNBC’s radar Tuesday. Source link
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI.In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks.”All you need is a little less uncertainty,” the firm’s senior managing director said Monday on CNBC’s “Fast Money.”Emanuel compares the market pessimism to the March 2023 regional bank failures.”The mood this morning and over the weekend talking with clients and talking with colleagues is as negative as I can remember going back to when Silicon Valley Bank blew up,” he said. “We didn’t know the Fed was going to ‘take care of…
