Attendees view a John Deere 7R 270 row crop tractor at the Deere & Co. booth during the World Ag Expo at the International Agri-Center in Tulare, California on February 11, 2025. Patrick T. Fallon | AFP | Getty ImagesJohn Deere is facing a crossroads as the company continues to see weaker demand in the agricultural sector even while it has committed to investing millions in U.S. manufacturing and promised a brighter road ahead.The agricultural machinery company warned on its fiscal third-quarter earnings call last week that it is seeing much softer demand, posting significant year-over-year decreases in net income…
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US President Donald Trump speaks during a multilateral meeting with European leaders in the East Room of the White House in Washington, DC, US, on Monday, Aug. 18, 2025.Aaron Schwartz/CNP/Bloomberg via Getty ImagesThe U.S. and European Union granted businesses some desperately sought after clarity as they shared fresh details on their trade agreement on Thursday, but questions remain about whether the deal can really be trusted.Thursday’s update broadly echoed the framework announced by the U.S. and EU in July, which called for 15% tariffs as well as pledges for Brussels to amp up spending and investment in the U.S. New…
When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that.During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies not manufacturing in the U.S., Apple CEO Tim Cook upped his companies’ U.S. spending commitment to $600 billion over the next four years, up from an original $500 billion announcement in February.Part of that spending, Cook said, will go toward making “critical foundation semiconductors” for iPhones…
Ellevated view over London’s River Thames and city financial district skyline.Gary Yeowell | Digitalvision | Getty ImagesStark warnings have surfaced since the U.K.’s tax crackdown on the wealthy that an exodus of the mega-rich is underway. Hard data has yet to back up the trend.At the heart of the potential flight are changes to the British tax system, from capital gains and inheritance tax to extra stamp duty rates. In particular, the abolition of the so-called non-dom regime, which allowed wealthy foreigners to avoid paying tax on earnings outside the U.K. and to elude inheritance duties on their global assets, courted much controversy.The fear…
JPMorgan is bullish on EHang , China’s leading original equipment manufacturer for electric vertical take-off and landing aircraft. The bank initiated shares of the eVTOL manufacturer as overweight rating and price target of $26 per share, which corresponds to a nearly 50% upside from Thursday’s close. Analyst Beatrice Lam pointed to EHang’s status as the first to hold certificates in China as a driver. This first-mover advantage has poised it for global market share leadership, she added, especially as Ehang’s total addressable market grows in the coming years. The bank believes that the global passenger eVTOL market could swell to…
Citi raised its price target on Snowflake ahead of the cloud-based data storage company’s latest earnings report. Snowflake is due to report its earnings after the closing bell on Aug. 27. Heading into this release, Citi analyst Tyler Radke reiterated his buy rating on the stock. Shares of Snowflake have surged 26% this year. Radke’s revised price forecast implies another potential upside of 28% ahead. SNOW YTD mountain SNOW YTD chart As a catalyst, Radke pointed to Cortex, Snowflake’s suite of AI features. Enthusiasm present at Snowflake’s recent SNOW summit has also highlighted strong uptake, increasing AI momentum and “continued…
Former National Security Adviser John Bolton speaks to reporters after speaking in a panel hosted by the National Council of Resistance of Iran – U.S. Representative Office (NCRI-US) at the Willard InterContinental Hotel on August 17, 2022 in Washington, DC.Anna Moneymaker | Getty ImagesFBI agents on Thursday morning raided the Maryland home of John Bolton, the former national security advisor to President Donald Trump, NBC News confirmed.The raid is part of a “national security investigation in search of classified records,” a person familiar with the matter told NBC News.This is breaking news. Please refresh for updates. Source link
The artificial intelligence party isn’t over yet despite fears of a bubble, according to tech bull Dan Ives — and he’s got a handful of names in mind as winn ing and los ing from the trend . “My view is, you’re going to have these digestion periods, but you cannot get too nervous,” Ives, who is managing director of Wedbush Securities, told CNBC’s “Squawk Box Europe” on Friday. Markets bears are “going to come out of hibernation mode every time there’s some volatility,” said Ives, but he added that, “I view those more as a golden opportunities to own…
Barclays sees a rosy outlook ahead for shares of Ulta Beauty . The bank upgraded the beauty retailer to an overweight weighting from equal weight. Analyst Adrienne Yih accompanied the move by lifting her price target to $589 from $518. Shares of Ulta have surged 20% this year. Yih’s revised forecast calls for additional upside of 13% from the stock’s Thursday close. ULTA YTD mountain ULTA YTD chart “We believe shares can continue to be propelled higher by upwards consensus earnings revisions over the next several quarters,” the analyst wrote. As a catalyst, Yih cited recent business decisions made by…
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | ReutersNvidia is in talks with the U.S. government about shipping a new, more advanced chip to China, CEO Jensen Huang said on Friday.Earlier this week, Reuters reported the U.S. tech giant is developing a new artificial intelligence chip for China, dubbed the B30A, that will be more powerful than the H20 — the only semiconductor Nvidia is allowed to sell in the country at present. The U.S. has grown concerned in the past few years that advanced American chips could…
