19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also on offer.Photo by Jens Kalaene/picture alliance via Getty ImagesGermany’s annual inflation hit 2.1% in May approaching the European Central Bank’s 2% target but coming in slightly hotter than analyst estimates, preliminary data from statistics office Destatis showed Friday.The print compares with a 2.2% reading in April and with a Reuters projection of 2%.The print is harmonized across the euro zone for comparability.So-called core inflation, which strips out more volatile food and energy prices, dipped slightly from April’s 2.8% to 2.9%…
Author: usaeverydaylife
Sunrun can surge from here even as a new U.S. budget bill poses a risk to the clean energy sector, according to UBS. Analyst Jon Windham kept his buy rating on the solar company. He cut his price target to $12 from $17, but that still implies the stock could gain 75% from Thursday’s close. Sunrun shares have plunged nearly 26% this year and more than 52% over the past year, as traders ditch clean energy names under the Trump administration. The Invesco Solar ETF (TAN) has dropped more than 3% in 2025 and 13% over the past six months.…
My top 10 things to watch Friday, May 30 1. President Donald Trump said this morning China violated its preliminary trade deal with the U.S. Trump’s social media post Friday came after Treasury Secretary Scott Bessent said U.S.-China trade talks “are a bit stalled. Wall Street turned lower immediately after Trump’s accusation. 2. Moments later, the Fed’s favorite inflation gauge was released. On a year-over-year basis, the PCE index was cooler than expected . It left investors weighing trade uncertainty against a tamer inflation picture. The S & P 500 was heading for strong weekly and monthly gains. 3. A…
Chinese President Xi Jinping (L) and U.S. President Donald Trump (R).Fabrice Coffrini | Getty ImagesPresident Donald Trump on Friday said that China has “totally violated its” preliminary trade agreement with the United States, and suggested he would take action in response.”So much for being Mr. NICE GUY!” Trump wrote in a social media post that said China had reneged on a deal that paused retaliatory tariffs between that country and the U.S.Stock futures fell Friday morning on the heels of Trump’s statement.U.S. Trade Representative Jamieson Greer, in a CNBC interview Friday morning, echoed Trump’s allegation, saying “we’re very concerned with”…
American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin.Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature today’s premium-class must-have — a sliding door — and other features like a “trinket tray” and a wireless charging pad.Within the cabins on its subset of Boeing Dreamliners, which American is calling the 787-9P (the P stands for premium), there will be eight “Preferred” suites that the airline…
Check out the companies making headlines before the bell. UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million to $350 million, while analysts polled by FactSet were expecting $331.3 million. Ulta Beauty — The beauty retailer’s shares rallied 9% after the firm raised its annual profit forecast and crushed expectations with its quarterly results. Ulta said lower inventory losses as well as new launches — especially celebrity-owned brands — helped drive…
The future is bright for water technology company Xylem , according to JPMorgan. Analyst Mark Strouse initiated coverage of Xylem with an overweight rating and price target of $148 per share. That suggests 17.8% upside for the company, which provides a wide swathe of water solutions, such as drinking water treatment and measurement, pump installation and wastewater management systems. Shares of Xylem have added 8.3% year to date. Strouse believes the stock is a strong play for investors wanting to invest directly into water technology. “XYL is an industry leading water technology pure play and we believe an attractive core…
Netflix can continue to march higher even as the stock already trades at record levels, according to Evercore ISI. Analyst Mark Mahaney maintained his outperform rating on the streaming giant and raised his price target by $200 to $1,350, which suggests nearly 14% potential upside ahead. Shares hit an all-time high this week, bringing their year-to-date gains to nearly 32%. Mahaney’s bullish sentiment on Netflix comes after Evercore ISI ran its 54th quarterly U.S. survey and 15th annual UK survey, which received roughly 1,300 respondents in each market. From the survey results, Mahaney observed live events to be a key…
Indian tourists and Kashmiris walk near the clock tower (Ghanta Ghar) in Srinagar, Jammu and Kashmir, on May 28, 2025. Firdous Nazir | Nurphoto | Getty ImagesIndia’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended March, despite the growing uncertainty in the global economy.The gross domestic product in the first three months of 2025, or the fourth quarter of the government’s fiscal year 2025, was sharply higher than the 6.7% growth forecast by economists in a Reuters poll.That marked the strongest quarterly growth in the fiscal year of 2025, accelerating from a 6.2% expansion in the…
The euro has seen significant gains against the dollar amid uncertainty around President Trump’s tariffs policies.Matt Cardy | Getty Images News | Getty ImagesU.S. President Donald Trump’s tariffs regime has sparked volatility in American assets — and European officials are making no secret of wanting the euro to seize upon wavering confidence in the U.S. dollar.The dollar is the world’s most commonly held reserve currency, accounting for almost 60% of global foreign exchange reserves and playing an important role in the trade of assets like oil and gold. It also acts as a peg for currencies including the Hong Kong…
