Donald Trump has promised to pursue the largest deportation operation in American history as soon as he takes office.But the Mexican government and other regional allies have been unable to meet with the incoming Trump administration, according to officials in Latin America, leaving them in the dark about the president-elect’s plans to deport millions of illegal immigrants.The incoming administration rebuffed requests by Mexico for a formal meeting, insisting that detailed discussions will only begin after Mr. Trump is sworn in next Monday, according to a Mexican official and two people familiar with the exchanges who were not authorized to speak…
Author: usaeverydaylife
Check out the companies making headlines before the bell: J.B. Hunt Transport Services — Shares fell more than 7% after the company’s fourth-quarter earnings came in weaker than expected. J.B. Hunt earned $1.53 per share, below the LSEG consensus estimate of $1.61 per share. Meanwhile, revenue for the period came in line with expectations at $3.15 billion. Qorvo — The stock rose more than 7% after The Wall Street Journal, citing people familiar with the matter, reported that activist investor Starboard Value has built a 7.7% stake in the company and is looking to make changes to boost the company’s…
UBS sees shares of Life360 rising as advertising revenue ramps up. The bank upgraded the location-sharing platform to buy from neutral. Analyst Chris Kuntarich’s price forecast of $55, revised upward from $52, is about 36% above Thursday’s close. Life360 went public in early June. Since then, the stock is up more than 50%. However, it is down more than 23% since hitting a record high on Dec. 3. In November, shares came under pressure following a mixed third-quarter report. LIF mountain 2024-11-11 LIF since mid-November “With shares down 15% since the 3Q print and trading at 40x our above-consensus FY25…
Here are Friday’s biggest calls on Wall Street: Stifel initiates Flutter as buy Stifel said the gambling company is well positioned. “We are initiating coverage of Flutter Entertainment (FLUT) with a Buy rating and establishing a $320 target price.” Cantor Fitzgerald initiates Microsoft as overweight Cantor said the tech giant is well positioned. ” Microsoft has been very clear and consistent that they are spending against bookings now and that leverage will follow with slowdown in capex and recurring AI revenues remaining in future periods.” Read more here. Barclays reiterates Nvidia as overweight The firm raised its price target on…
Piccadilly Circus is seen at dusk, on 7th January 2025, in London, England. Richard Baker | In Pictures | Getty ImagesLONDON — Traders bet on more Bank of England rate cuts this year after weak retail sales data added to the latest in a run of data surprises this week.Sales volumes fell 0.3% month-on-month in December, the Office for National Statistics said Friday, versus the 0.4% increase forecast in a Reuters poll of economists.”Cautious spending” dominated during the holiday period, said Nicholas Found, head of commercial content at consultancy Retail Economics, adding that the figures showed the continued impact of the…
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement appeal and scorching heat. But its growth into an innovation hub has been quietly playing out over several decades. Arizona’s largest city has, for a variety of reasons, become the epicenter for semiconductor manufacturing, and testing self-driving cars and drones.”If we look at cities that really do end up becoming these, you know, important technology hubs, there are really four things that we usually see, and Phoenix really has all of…
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. George Frey | ReutersThe Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off the second phase of a landmark process that aims to make costly medications more affordable for seniors. Topping the list are Novo Nordisk’s blockbuster diabetes injection Ozempic, weight loss shot Wegovy and diabetes pill Rybelsus, which are considered one product in the talks since they all share the same active ingredient: semaglutide. Those treatments fueled the rise…
A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas.Michael Wayland / CNBCLAS VEGAS — This year is expected to be a crucial one for Amazon’s autonomous vehicle unit Zoox, as the company plans to grow its operations and commercialize its robotaxi business.Zoox is aiming to begin offering rides to the public “quite soon,” expand its operating regions and “significantly” grow its self-driving vehicle fleet from the couple dozen it currently operates, according to co-founder and Chief Technology Officer Jesse Levinson.”That’s a lot of work, but we’re excited for that,” Levinson said during a 40-minute drive…
Jan. 17, 2025, 4:13 a.m. ETPresident Joe Biden and his advisers struggled for months to negotiate an end to the conflict in Gaza.Credit…Tierney L. Cross for The New York TimesPresident Biden said Thursday that in the days after the war in Gaza began, he pushed Prime Minister Benjamin Netanyahu of Israel to prevent civilian deaths and to accommodate Palestinians’ concerns, while maintaining the United States’ firm support for Israel.Mr. Biden spoke with the MSNBC host Lawrence O’Donnell in his last television interview while in office, during which he also discussed his political career and presidency. The interview, which aired Thursday…
Microsoft could see solid gains on the back of the company’s artificial intelligence products, according to Cantor Fitzgerald. The investment firm initiated shares of the “Magnificent Seven” tech titan at an overweight rating and set a price target of $509. This implies nearly 20% upside from Thursday’s close. Analyst Thomas Blakey pointed to Microsoft’s status as an artificial intelligence beneficiary as a catalyst for the bullish call. “Azure is benefiting from AI-related revenues growing triple digits of late with expectations strong growth will continue in the NT,” he wrote. “Supply constraints may be easing in 2HF25 (FYE June) with other…
